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Captain Technocast (BOM:540652) ROA % : 13.99% (As of Sep. 2024)


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What is Captain Technocast ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Captain Technocast's annualized Net Income for the quarter that ended in Sep. 2024 was ₹66.6 Mil. Captain Technocast's average Total Assets over the quarter that ended in Sep. 2024 was ₹476.4 Mil. Therefore, Captain Technocast's annualized ROA % for the quarter that ended in Sep. 2024 was 13.99%.

The historical rank and industry rank for Captain Technocast's ROA % or its related term are showing as below:

BOM:540652' s ROA % Range Over the Past 10 Years
Min: 1.14   Med: 6.98   Max: 12.11
Current: 12.11

During the past 12 years, Captain Technocast's highest ROA % was 12.11%. The lowest was 1.14%. And the median was 6.98%.

BOM:540652's ROA % is ranked better than
91.9% of 3014 companies
in the Industrial Products industry
Industry Median: 3.305 vs BOM:540652: 12.11

Captain Technocast ROA % Historical Data

The historical data trend for Captain Technocast'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.

Captain Technocast ROA % Chart

Captain Technocast Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.02 7.36 7.04 6.86 8.72

Captain Technocast Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 4.98 7.79 6.18 10.64 13.99

Competitive Comparison of Captain Technocast's ROA %

For the Metal Fabrication subindustry, Captain Technocast'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.


Captain Technocast's ROA % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Captain Technocast's ROA % distribution charts can be found below:

* The bar in red indicates where Captain Technocast's ROA % falls into.



Captain Technocast ROA % Calculation

Captain Technocast's annualized ROA % for the fiscal year that ended in Mar. 2024 is calculated as:

ROA %=Net Income (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=38.46/( (443.819+438.788)/ 2 )
=38.46/441.3035
=8.72 %

Captain Technocast's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=66.628/( (438.788+513.926)/ 2 )
=66.628/476.357
=13.99 %

* 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. 2024) net income data. ROA % is displayed in the 30-year financial page.


Captain Technocast  (BOM:540652) 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. 2024 )
=Net Income/Total Assets
=66.628/476.357
=(Net Income / Revenue)*(Revenue / Total Assets)
=(66.628 / 818.814)*(818.814 / 476.357)
=Net Margin %*Asset Turnover
=8.14 %*1.7189
=13.99 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (Sep. 2024) 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.


Captain Technocast ROA % Related Terms

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Captain Technocast Business Description

Traded in Other Exchanges
N/A
Address
National Highway Number 8-B, Plot Number 4, Survey Number 257, Shapar - Veraval, Rajkot, GJ, IND, 360024
Captain Technocast Ltd is engaged in the business of manufacturing metal casting products for various industries. The company's products include Industrial Valves Casting, Industrial Pumps Casting, Fire Fighting Equipments Casting, Engineering & Automobile Casting, Structural and Hardware, Dairy Equipment Casting, Power Plant and Boiler parts Casting, Aerospace Casting and Defence Casting. It operates in one segment which is manufacturing and selling of lnvestment Casting. Geographically, it operates only in India.

Captain Technocast Headlines

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