Mic Electronics Limited Stock Fundamentals

MICEL Stock   83.34  0.20  0.24%   
MIC Electronics Limited fundamentals help investors to digest information that contributes to MIC Electronics' financial success or failures. It also enables traders to predict the movement of MIC Stock. The fundamental analysis module provides a way to measure MIC Electronics' 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 MIC Electronics stock.
At this time, MIC Electronics' Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Selling And Marketing Expenses is likely to grow to about 3.6 M, while Depreciation And Amortization is likely to drop about 14.6 M.
  
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MIC Electronics Limited Company Return On Asset Analysis

MIC Electronics' 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 MIC Electronics Return On Asset

    
  0.06  
Most of MIC Electronics' 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, MIC Electronics 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

MIC Total Assets

Total Assets

1.34 Billion

At this time, MIC Electronics' Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, MIC Electronics Limited has a Return On Asset of 0.06. This is 102.08% lower than that of the Electronic Equipment, Instruments & Components sector and 100.48% lower than that of the Information Technology industry. The return on asset for all India stocks is 142.86% lower than that of the firm.

MIC Electronics Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MIC Electronics's current stock value. Our valuation model uses many indicators to compare MIC Electronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MIC Electronics competition to find correlations between indicators driving MIC Electronics's intrinsic value. More Info.
MIC Electronics Limited is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.09  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MIC Electronics Limited is roughly  11.08 . Comparative valuation analysis is a catch-all model that can be used if you cannot value MIC Electronics by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MIC Electronics' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

MIC Return On Asset Peer Comparison

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

MIC Fundamentals

About MIC Electronics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MIC Electronics Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MIC Electronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MIC Electronics 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 Revenue12.9 M12.2 M
Total Revenue545.7 M518.5 M
Cost Of Revenue292.6 M278 M

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Other Information on Investing in MIC Stock

MIC Electronics financial ratios help investors to determine whether MIC 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 MIC with respect to the benefits of owning MIC Electronics security.