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Mefcom Capital Markets (BOM:531176) ROA % : 51.05% (As of Dec. 2023)


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What is Mefcom Capital Markets ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mefcom Capital Markets's annualized Net Income for the quarter that ended in Dec. 2023 was ₹136 Mil. Mefcom Capital Markets's average Total Assets over the quarter that ended in Dec. 2023 was ₹266 Mil. Therefore, Mefcom Capital Markets's annualized ROA % for the quarter that ended in Dec. 2023 was 51.05%.

The historical rank and industry rank for Mefcom Capital Markets's ROA % or its related term are showing as below:

BOM:531176' s ROA % Range Over the Past 10 Years
Min: -21.62   Med: -0.55   Max: 20.02
Current: 20.02

During the past 13 years, Mefcom Capital Markets's highest ROA % was 20.02%. The lowest was -21.62%. And the median was -0.55%.

BOM:531176's ROA % is ranked better than
94.18% of 808 companies
in the Capital Markets industry
Industry Median: 1.39 vs BOM:531176: 20.02

Mefcom Capital Markets ROA % Historical Data

The historical data trend for Mefcom Capital Markets'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.

Mefcom Capital Markets ROA % Chart

Mefcom Capital Markets Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.45 -12.09 14.74 12.92 -21.62

Mefcom Capital Markets Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.56 -32.05 33.70 22.07 51.05

Competitive Comparison of Mefcom Capital Markets's ROA %

For the Capital Markets subindustry, Mefcom Capital Markets'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.


Mefcom Capital Markets's ROA % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mefcom Capital Markets's ROA % distribution charts can be found below:

* The bar in red indicates where Mefcom Capital Markets's ROA % falls into.



Mefcom Capital Markets ROA % Calculation

Mefcom Capital Markets'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 )
=-53.64/( (282.519+213.696)/ 2 )
=-53.64/248.1075
=-21.62 %

Mefcom Capital Markets's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=135.9/( (266.185+0)/ 1 )
=135.9/266.185
=51.05 %

* 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 four times the quarterly (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Mefcom Capital Markets  (BOM:531176) 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: Dec. 2023 )
=Net Income/Total Assets
=135.9/266.185
=(Net Income / Revenue)*(Revenue / Total Assets)
=(135.9 / 2710.528)*(2710.528 / 266.185)
=Net Margin %*Asset Turnover
=5.01 %*10.1829
=51.05 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Mefcom Capital Markets ROA % Related Terms

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Mefcom Capital Markets (BOM:531176) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, 77, Nehru Place, Sanchi Building, Flat No. 18, New Delhi, IND, 110019
Mefcom Capital Markets Ltd is an India-based company engaged in capital market operations and merchant banking activities. The company provides investment and financial services in the field of investment banking, corporate advisory, mergers and acquisitions, brokerage, and trading in equities, derivatives, commodities, and others. It operates through the business segments of Trading in Shares & Securities and Merchant Banking Services. The group operates in India and derives maximum revenue from the Trading in Shares & Securities segment.

Mefcom Capital Markets (BOM:531176) Headlines

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