Dev Information Technology Stock Return On Asset

DEVIT Stock   160.86  7.71  5.03%   
Dev Information Technology fundamentals help investors to digest information that contributes to Dev Information's financial success or failures. It also enables traders to predict the movement of Dev Stock. The fundamental analysis module provides a way to measure Dev Information'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 Dev Information 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.

Dev Information Technology Company Return On Asset Analysis

Dev Information'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 Dev Information Return On Asset

    
  0.0947  
Most of Dev Information'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, Dev Information Technology 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

Dev Total Assets

Total Assets

572.62 Million

At this time, Dev Information's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Dev Information Technology has a Return On Asset of 0.0947. This is 103.28% lower than that of the IT Services sector and 94.49% lower than that of the Information Technology industry. The return on asset for all India stocks is 167.64% lower than that of the firm.

Dev Return On Asset Peer Comparison

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

Dev Fundamentals

About Dev Information Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Dev Information Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dev Information using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dev Information Technology 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Dev Stock

Dev Information financial ratios help investors to determine whether Dev 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 Dev with respect to the benefits of owning Dev Information security.