Time Technoplast Limited Stock Return On Asset

TIMETECHNO   501.25  16.95  3.50%   
Time Technoplast Limited fundamentals help investors to digest information that contributes to Time Technoplast's financial success or failures. It also enables traders to predict the movement of Time Stock. The fundamental analysis module provides a way to measure Time Technoplast'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 Time Technoplast 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.

Time Technoplast Limited Company Return On Asset Analysis

Time Technoplast'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 Time Technoplast Return On Asset

    
  0.09  
Most of Time Technoplast'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, Time Technoplast 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

Time Total Assets

Total Assets

26.1 Billion

At present, Time Technoplast's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Time Technoplast Limited has a Return On Asset of 0.09. This is 91.74% lower than that of the Containers & Packaging sector and 88.0% lower than that of the Materials industry. The return on asset for all India stocks is 164.29% lower than that of the firm.

Time Return On Asset Peer Comparison

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

Time Fundamentals

About Time Technoplast Fundamental Analysis

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

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