GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cyient DLM Ltd (BOM:543933) » Definitions » ROA %

Cyient DLM (BOM:543933) ROA % : 2.60% (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Cyient DLM ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Cyient DLM's annualized Net Income for the quarter that ended in Dec. 2024 was ₹440 Mil. Cyient DLM's average Total Assets over the quarter that ended in Dec. 2024 was ₹16,921 Mil. Therefore, Cyient DLM's annualized ROA % for the quarter that ended in Dec. 2024 was 2.60%.

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

BOM:543933' s ROA % Range Over the Past 10 Years
Min: 1.83   Med: 3.95   Max: 5.6
Current: 3.59

During the past 4 years, Cyient DLM's highest ROA % was 5.60%. The lowest was 1.83%. And the median was 3.95%.

BOM:543933's ROA % is ranked better than
57.77% of 2451 companies
in the Hardware industry
Industry Median: 2.37 vs BOM:543933: 3.59

Cyient DLM ROA % Historical Data

The historical data trend for Cyient DLM'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.

Cyient DLM ROA % Chart

Cyient DLM Annual Data
Trend Mar21 Mar22 Mar23 Mar24
ROA %
1.83 5.60 3.37 4.52

Cyient DLM Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.35 5.67 2.64 3.65 2.60

Competitive Comparison of Cyient DLM's ROA %

For the Electronic Components subindustry, Cyient DLM'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.


Cyient DLM's ROA % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cyient DLM's ROA % distribution charts can be found below:

* The bar in red indicates where Cyient DLM's ROA % falls into.


;
;

Cyient DLM ROA % Calculation

Cyient DLM'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 )
=611.96/( (11047.18+16032.76)/ 2 )
=611.96/13539.97
=4.52 %

Cyient DLM's annualized ROA % for the quarter that ended in Dec. 2024 is calculated as:

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=439.64/( (16921.1+0)/ 1 )
=439.64/16921.1
=2.60 %

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


Cyient DLM  (BOM:543933) 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. 2024 )
=Net Income/Total Assets
=439.64/16921.1
=(Net Income / Revenue)*(Revenue / Total Assets)
=(439.64 / 17769.44)*(17769.44 / 16921.1)
=Net Margin %*Asset Turnover
=2.47 %*1.0501
=2.60 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Cyient DLM ROA % Related Terms

Thank you for viewing the detailed overview of Cyient DLM's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cyient DLM Business Description

Traded in Other Exchanges
Address
Plot no.347, D1 &2, KIADB, Electronics City, Hebbal Industrial Area, Mysuru, KA, IND, 570016
Cyient DLM Ltd is engaged in integrated Electronic Manufacturing Services (EMS) and solutions providers with capabilities across the value chain and the entire life cycle of a product, including design, build, and maintenance. Its solutions comprise the manufacture of the printed circuit board (PCB) assembly (PCBA), cable harnesses, and box builds which are used in safety-critical systems such as cockpits, inflight systems, landing systems, and medical diagnostic equipment, which the company provides to its clients as B2P or B2S services.

Cyient DLM Headlines

No Headlines