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Moxsh Overseas Educon (NSE:MOXSH) ROA % : 2.31% (As of Sep. 2023)


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What is Moxsh Overseas Educon ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Moxsh Overseas Educon's annualized Net Income for the quarter that ended in Sep. 2023 was ₹3.7 Mil. Moxsh Overseas Educon's average Total Assets over the quarter that ended in Sep. 2023 was ₹160.3 Mil. Therefore, Moxsh Overseas Educon's annualized ROA % for the quarter that ended in Sep. 2023 was 2.31%.

The historical rank and industry rank for Moxsh Overseas Educon's ROA % or its related term are showing as below:

NSE:MOXSH' s ROA % Range Over the Past 10 Years
Min: 3.54   Med: 13.65   Max: 34.53
Current: 7.2

During the past 4 years, Moxsh Overseas Educon's highest ROA % was 34.53%. The lowest was 3.54%. And the median was 13.65%.

NSE:MOXSH's ROA % is ranked better than
71.27% of 268 companies
in the Education industry
Industry Median: 2.72 vs NSE:MOXSH: 7.20

Moxsh Overseas Educon ROA % Historical Data

The historical data trend for Moxsh Overseas Educon's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Moxsh Overseas Educon ROA % Chart

Moxsh Overseas Educon Annual Data
Trend Mar20 Mar21 Mar22 Mar23
ROA %
17.61 3.54 34.53 9.68

Moxsh Overseas Educon Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
ROA % Get a 7-Day Free Trial - - 1.54 12.18 2.31

Competitive Comparison of Moxsh Overseas Educon's ROA %

For the Education & Training Services subindustry, Moxsh Overseas Educon's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Moxsh Overseas Educon's ROA % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Moxsh Overseas Educon's ROA % distribution charts can be found below:

* The bar in red indicates where Moxsh Overseas Educon's ROA % falls into.



Moxsh Overseas Educon ROA % Calculation

Moxsh Overseas Educon's annualized ROA % for the fiscal year that ended in Mar. 2023 is calculated as:

ROA %=Net Income (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=10.07/( (48.715+159.249)/ 2 )
=10.07/103.982
=9.68 %

Moxsh Overseas Educon's annualized ROA % for the quarter that ended in Sep. 2023 is calculated as:

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=3.706/( (159.249+161.428)/ 2 )
=3.706/160.3385
=2.31 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Sep. 2023) net income data. ROA % is displayed in the 30-year financial page.


Moxsh Overseas Educon  (NSE:MOXSH) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=3.706/160.3385
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3.706 / 157.124)*(157.124 / 160.3385)
=Net Margin %*Asset Turnover
=2.36 %*0.98
=2.31 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Moxsh Overseas Educon ROA % Related Terms

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Moxsh Overseas Educon (NSE:MOXSH) Business Description

Traded in Other Exchanges
N/A
Address
Hasumal Tandel Marg, 159/160, Kaliandas Udhyog Bhavan, Century Bazar, Prabhadevi, Mumbai, MH, IND, 400025
Moxsh Overseas Educon Ltd is an Edu-Medi Tech company engaged in the business of offering diverse and cohesive learning solutions, counselling and mobility services to students aspiring to pursue medical studies (MBBS) in India or abroad under its brand MOKSH. It also provides advisory to students for their medical career planning and execution. The company is a digitally native, technology led business, providing online learning program (test preparation) for medical entrance examinations, NEET-UG and for medicos (i.e. medical aspirants or graduates of a medical school) to appear for medical licensing examination, such as USMLE, PLAB, DHA, NeXT, FMGE etc, under its brand MOKSH Academy.

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