Waaree Energies Limited Stock Return On Asset
| WAAREEENER | 2,600 97.25 3.60% |
Waaree Energies Limited fundamentals help investors to digest information that contributes to Waaree Energies' financial success or failures. It also enables traders to predict the movement of Waaree Stock. The fundamental analysis module provides a way to measure Waaree Energies' 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 Waaree Energies stock.
Waaree |
Waaree Energies Limited Company Return On Asset Analysis
Waaree Energies' 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 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.
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Based on the latest financial disclosure, Waaree Energies Limited has a Return On Asset of 0.0. This is 100.0% lower than that of the Technology sector and 100.0% lower than that of the Solar industry. The return on asset for all India stocks is 100.0% lower than that of the firm.
Waaree Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Waaree Energies' 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 Waaree Energies could also be used in its relative valuation, which is a method of valuing Waaree Energies by comparing valuation metrics of similar companies.Waaree Energies is currently under evaluation in return on asset category among its peers.
About Waaree Energies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Waaree Energies Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Waaree Energies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Waaree Energies 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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Waaree Energies financial ratios help investors to determine whether Waaree 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 Waaree with respect to the benefits of owning Waaree Energies security.