Nahar Industrial Enterprises Stock Return On Asset

NAHARINDUS   137.13  1.99  1.43%   
Nahar Industrial Enterprises fundamentals help investors to digest information that contributes to Nahar Industrial's financial success or failures. It also enables traders to predict the movement of Nahar Stock. The fundamental analysis module provides a way to measure Nahar Industrial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nahar Industrial stock.
  
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Nahar Industrial Enterprises Company Return On Asset Analysis

Nahar Industrial's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Nahar Industrial Return On Asset

    
  0.0045  
Most of Nahar Industrial's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nahar Industrial Enterprises is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Nahar Total Assets

Total Assets

13.7 Billion

At this time, Nahar Industrial's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Nahar Industrial Enterprises has a Return On Asset of 0.0045. This is 99.59% lower than that of the Textiles, Apparel & Luxury Goods sector and 99.84% lower than that of the Consumer Discretionary industry. The return on asset for all India stocks is 103.21% lower than that of the firm.

Nahar Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nahar Industrial's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nahar Industrial could also be used in its relative valuation, which is a method of valuing Nahar Industrial by comparing valuation metrics of similar companies.
Nahar Industrial is currently under evaluation in return on asset category among its peers.

Nahar Fundamentals

About Nahar Industrial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nahar Industrial Enterprises's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nahar Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nahar Industrial Enterprises based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Nahar Stock

Nahar Industrial financial ratios help investors to determine whether Nahar Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nahar with respect to the benefits of owning Nahar Industrial security.