Deepak Nitrite Limited Stock Return On Asset

DEEPAKNTR   2,727  21.25  0.79%   
Deepak Nitrite Limited fundamentals help investors to digest information that contributes to Deepak Nitrite's financial success or failures. It also enables traders to predict the movement of Deepak Stock. The fundamental analysis module provides a way to measure Deepak Nitrite'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 Deepak Nitrite stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Deepak Nitrite Limited Company Return On Asset Analysis

Deepak Nitrite'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 Deepak Nitrite Return On Asset

    
  0.11  
Most of Deepak Nitrite'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, Deepak Nitrite 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

Deepak Total Assets

Total Assets

64.01 Billion

At this time, Deepak Nitrite's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Deepak Nitrite Limited has a Return On Asset of 0.1076. This is 85.46% lower than that of the Chemicals sector and 95.0% lower than that of the Materials industry. The return on asset for all India stocks is 176.86% lower than that of the firm.

Deepak Return On Asset Peer Comparison

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

Deepak Fundamentals

About Deepak Nitrite Fundamental Analysis

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

Deepak Nitrite financial ratios help investors to determine whether Deepak 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 Deepak with respect to the benefits of owning Deepak Nitrite security.