Modi Rubber Limited Stock Return On Asset

MODIRUBBER   115.47  0.29  0.25%   
Modi Rubber Limited fundamentals help investors to digest information that contributes to Modi Rubber's financial success or failures. It also enables traders to predict the movement of Modi Stock. The fundamental analysis module provides a way to measure Modi Rubber'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 Modi Rubber stock.
  
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Modi Rubber Limited Company Return On Asset Analysis

Modi Rubber'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 Modi Rubber Return On Asset

    
  -0.018  
Most of Modi Rubber'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, Modi Rubber 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

Modi Total Assets

Total Assets

4.55 Billion

At present, Modi Rubber's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Modi Rubber Limited has a Return On Asset of -0.018. This is 103.83% lower than that of the Real Estate Management & Development sector and 99.56% lower than that of the Real Estate industry. The return on asset for all India stocks is 87.14% lower than that of the firm.

Modi Return On Asset Peer Comparison

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

Modi Fundamentals

About Modi Rubber Fundamental Analysis

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

Modi Rubber financial ratios help investors to determine whether Modi 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 Modi with respect to the benefits of owning Modi Rubber security.