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Mos Utility (NSE:MOS) Return-on-Tangible-Asset : 12.30% (As of Sep. 2024)


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What is Mos Utility Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Mos Utility's annualized Net Income for the quarter that ended in Sep. 2024 was ₹115 Mil. Mos Utility's average total tangible assets for the quarter that ended in Sep. 2024 was ₹938 Mil. Therefore, Mos Utility's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was 12.30%.

The historical rank and industry rank for Mos Utility's Return-on-Tangible-Asset or its related term are showing as below:

NSE:MOS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.04   Med: 6.12   Max: 16.26
Current: 12.51

During the past 5 years, Mos Utility's highest Return-on-Tangible-Asset was 16.26%. The lowest was 4.04%. And the median was 6.12%.

NSE:MOS's Return-on-Tangible-Asset is ranked better than
82.63% of 2826 companies
in the Software industry
Industry Median: 1.845 vs NSE:MOS: 12.51

Mos Utility Return-on-Tangible-Asset Historical Data

The historical data trend for Mos Utility's Return-on-Tangible-Asset 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.

Mos Utility Return-on-Tangible-Asset Chart

Mos Utility Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
6.12 4.04 5.92 14.21 16.26

Mos Utility Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Return-on-Tangible-Asset Get a 7-Day Free Trial 9.85 15.70 18.19 12.65 12.30

Competitive Comparison of Mos Utility's Return-on-Tangible-Asset

For the Software - Infrastructure subindustry, Mos Utility's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Mos Utility's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Mos Utility's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Mos Utility's Return-on-Tangible-Asset falls into.



Mos Utility Return-on-Tangible-Asset Calculation

Mos Utility's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=112.414/( (476.704+906.415)/ 2 )
=112.414/691.5595
=16.26 %

Mos Utility's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=115.32/( (906.415+969.209)/ 2 )
=115.32/937.812
=12.30 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible 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. 2024) net income data.


Mos Utility  (NSE:MOS) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset 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. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Mos Utility Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Mos Utility's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Mos Utility Business Description

Industry
Traded in Other Exchanges
N/A
Address
Atul First Avenue, Mulund Link Road, 12th Floor, Above Kia Motors Showroom, Goregaon, Malad West, Mumbai, MH, IND, 400064
Mos Utility Ltd provides digital products and services in the B2C, B2B, and financial technology fields through an integrated business model. The company provides business opportunities for shopkeepers, retailers, students, housewives, professionals, and insurance agents to start their own online e-commerce business to promote the government's Vocal for Local campaign. The company recognises revenue from the sale of Adhar Enabled Payment System and Micro ATM devices. The company has six primary business segments, namely: banking, travel, insurance, utility services, entertainment services, and other services.