Page Industries Limited Stock Return On Asset

PAGEIND Stock   41,930  766.45  1.86%   
Page Industries Limited fundamentals help investors to digest information that contributes to Page Industries' financial success or failures. It also enables traders to predict the movement of Page Stock. The fundamental analysis module provides a way to measure Page Industries' 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 Page Industries stock.
  
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Page Industries Limited Company Return On Asset Analysis

Page Industries' 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 Page Industries Return On Asset

    
  0.2  
Most of Page Industries' 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, Page Industries Limited 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

Based on the latest financial disclosure, Page Industries Limited has a Return On Asset of 0.1966. This is 81.96% lower than that of the Textiles, Apparel & Luxury Goods sector and 101.26% lower than that of the Consumer Discretionary industry. The return on asset for all India stocks is notably lower than that of the firm.

Page Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Page Industries' 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 Page Industries could also be used in its relative valuation, which is a method of valuing Page Industries by comparing valuation metrics of similar companies.
Page Industries is currently under evaluation in return on asset category among its peers.

Page Fundamentals

About Page Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Page Industries Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Page Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Page Industries Limited 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 Page Stock

Page Industries financial ratios help investors to determine whether Page 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 Page with respect to the benefits of owning Page Industries security.