Manaksia Steels Limited Stock Fundamentals

MANAKSTEEL   62.15  1.15  1.89%   
Manaksia Steels Limited fundamentals help investors to digest information that contributes to Manaksia Steels' financial success or failures. It also enables traders to predict the movement of Manaksia Stock. The fundamental analysis module provides a way to measure Manaksia Steels' 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 Manaksia Steels stock.
At this time, Manaksia Steels' Depreciation And Amortization is comparatively stable compared to the past year. Operating Income is likely to gain to about 1 B in 2024, whereas Other Operating Expenses is likely to drop slightly above 4.7 B in 2024.
  
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Manaksia Steels Limited Company Return On Asset Analysis

Manaksia Steels' 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 Manaksia Steels Return On Asset

    
  0.0405  
Most of Manaksia Steels' 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, Manaksia Steels 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

Manaksia Total Assets

Total Assets

3.51 Billion

At this time, Manaksia Steels' Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Manaksia Steels Limited has a Return On Asset of 0.0405. This is 94.53% lower than that of the Metals & Mining sector and 99.15% lower than that of the Materials industry. The return on asset for all India stocks is 128.93% lower than that of the firm.

Manaksia Steels Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Manaksia Steels's current stock value. Our valuation model uses many indicators to compare Manaksia Steels value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Manaksia Steels competition to find correlations between indicators driving Manaksia Steels's intrinsic value. More Info.
Manaksia Steels Limited is regarded third in return on equity category among its peers. It also is regarded third in return on asset category among its peers reporting about  0.42  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Manaksia Steels Limited is roughly  2.37 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Manaksia Steels' earnings, one of the primary drivers of an investment's value.

Manaksia Return On Asset Peer Comparison

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

Manaksia Fundamentals

About Manaksia Steels Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Manaksia Steels Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Manaksia Steels using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Manaksia Steels 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.
Last ReportedProjected for Next Year
Current Deferred Revenue2.4 M2.3 M
Cost Of Revenue5.8 B4.1 B
Total Revenue6.8 B5.4 B

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Additional Tools for Manaksia Stock Analysis

When running Manaksia Steels' price analysis, check to measure Manaksia Steels' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manaksia Steels is operating at the current time. Most of Manaksia Steels' value examination focuses on studying past and present price action to predict the probability of Manaksia Steels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manaksia Steels' price. Additionally, you may evaluate how the addition of Manaksia Steels to your portfolios can decrease your overall portfolio volatility.