Prakash Industries Limited Stock Return On Asset

PRAKASH Stock   172.07  5.32  3.19%   
Prakash Industries Limited fundamentals help investors to digest information that contributes to Prakash Industries' financial success or failures. It also enables traders to predict the movement of Prakash Stock. The fundamental analysis module provides a way to measure Prakash 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 Prakash Industries stock.
  
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Prakash Industries Limited Company Return On Asset Analysis

Prakash 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 Prakash Industries Return On Asset

    
  0.0511  
Most of Prakash 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, Prakash 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

Prakash Total Assets

Total Assets

37.32 Billion

As of now, Prakash Industries' Total Assets are increasing as compared to previous years.
Based on the latest financial disclosure, Prakash Industries Limited has a Return On Asset of 0.0511. This is 93.09% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The return on asset for all India stocks is 136.5% lower than that of the firm.

Prakash Return On Asset Peer Comparison

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

Prakash Fundamentals

About Prakash Industries Fundamental Analysis

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

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