Ndr Auto Components Stock Return On Asset

NDRAUTO Stock   799.55  11.20  1.42%   
Ndr Auto Components fundamentals help investors to digest information that contributes to Ndr Auto's financial success or failures. It also enables traders to predict the movement of Ndr Stock. The fundamental analysis module provides a way to measure Ndr Auto'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 Ndr Auto stock.
  
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Ndr Auto Components Company Return On Asset Analysis

Ndr Auto'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 Ndr Auto Return On Asset

    
  0.0774  
Most of Ndr Auto'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, Ndr Auto Components 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

Ndr Total Assets

Total Assets

2.92 Billion

At this time, Ndr Auto's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Ndr Auto Components has a Return On Asset of 0.0774. This is 92.9% lower than that of the Automobile Components sector and 90.08% lower than that of the Consumer Discretionary industry. The return on asset for all India stocks is 155.29% lower than that of the firm.

Ndr Return On Asset Peer Comparison

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

Ndr Fundamentals

About Ndr Auto Fundamental Analysis

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

Ndr Auto financial ratios help investors to determine whether Ndr 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 Ndr with respect to the benefits of owning Ndr Auto security.