Shaily Engineering Plastics Stock Return On Asset

SHAILY Stock   1,765  12.65  0.72%   
Shaily Engineering Plastics fundamentals help investors to digest information that contributes to Shaily Engineering's financial success or failures. It also enables traders to predict the movement of Shaily Stock. The fundamental analysis module provides a way to measure Shaily Engineering'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 Shaily Engineering stock.
  
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Shaily Engineering Plastics Company Return On Asset Analysis

Shaily Engineering'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 Shaily Engineering Return On Asset

    
  0.0813  
Most of Shaily Engineering'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, Shaily Engineering Plastics 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

Shaily Total Assets

Total Assets

9.45 Billion

At present, Shaily Engineering's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Shaily Engineering Plastics has a Return On Asset of 0.0813. This is 89.01% lower than that of the Chemicals sector and 95.56% lower than that of the Materials industry. The return on asset for all India stocks is 158.07% lower than that of the firm.

Shaily Return On Asset Peer Comparison

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

Shaily Fundamentals

About Shaily Engineering Fundamental Analysis

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

Shaily Engineering financial ratios help investors to determine whether Shaily 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 Shaily with respect to the benefits of owning Shaily Engineering security.