Tracxn Technologies Limited Stock Return On Asset

TRACXN Stock   72.82  2.05  2.74%   
Tracxn Technologies Limited fundamentals help investors to digest information that contributes to Tracxn Technologies' financial success or failures. It also enables traders to predict the movement of Tracxn Stock. The fundamental analysis module provides a way to measure Tracxn Technologies' 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 Tracxn Technologies 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.

Tracxn Technologies Limited Company Return On Asset Analysis

Tracxn Technologies' 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 Tracxn Technologies Return On Asset

    
  0.0262  
Most of Tracxn Technologies' 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, Tracxn Technologies 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

Tracxn Total Assets

Total Assets

725.46 Million

At present, Tracxn Technologies' Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Tracxn Technologies Limited has a Return On Asset of 0.0262. This is much higher than that of the Software 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.

Tracxn Return On Asset Peer Comparison

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

Tracxn Fundamentals

About Tracxn Technologies Fundamental Analysis

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

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