Tamilnadu Telecommunication Limited Stock Return On Asset

TNTELE Stock   9.47  0.17  1.83%   
Tamilnadu Telecommunication Limited fundamentals help investors to digest information that contributes to Tamilnadu Telecommunicatio's financial success or failures. It also enables traders to predict the movement of Tamilnadu Stock. The fundamental analysis module provides a way to measure Tamilnadu Telecommunicatio'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 Tamilnadu Telecommunicatio stock.
  
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Tamilnadu Telecommunication Limited Company Return On Asset Analysis

Tamilnadu Telecommunicatio'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 Tamilnadu Telecommunicatio Return On Asset

    
  -0.14  
Most of Tamilnadu Telecommunicatio'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, Tamilnadu Telecommunication 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

Tamilnadu Total Assets

Total Assets

256.66 Million

At present, Tamilnadu Telecommunicatio's Total Assets are projected to decrease significantly based on the last few years of reporting.
Based on the latest financial disclosure, Tamilnadu Telecommunication Limited has a Return On Asset of -0.1427. This is 95.06% lower than that of the Communications Equipment sector and 90.36% lower than that of the Information Technology industry. The return on asset for all India stocks is 1.93% higher than that of the company.

Tamilnadu Return On Asset Peer Comparison

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

Tamilnadu Fundamentals

About Tamilnadu Telecommunicatio Fundamental Analysis

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

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