Nelco Limited Stock Return On Asset

NELCO Stock   1,379  19.10  1.40%   
NELCO Limited fundamentals help investors to digest information that contributes to NELCO's financial success or failures. It also enables traders to predict the movement of NELCO Stock. The fundamental analysis module provides a way to measure NELCO'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 NELCO 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.

NELCO Limited Company Return On Asset Analysis

NELCO'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 NELCO Return On Asset

    
  0.071  
Most of NELCO'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, NELCO 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

NELCO Total Assets

Total Assets

2.36 Billion

At this time, NELCO's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, NELCO Limited has a Return On Asset of 0.071. This is much higher than that of the Communications Equipment sector and significantly higher than that of the Information Technology industry. The return on asset for all India stocks is notably lower than that of the firm.

NELCO Return On Asset Peer Comparison

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

NELCO Fundamentals

About NELCO Fundamental Analysis

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

Also Currently Popular

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 NELCO Stock

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