GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Swashthik Plascon Ltd (BOM:544035) » Definitions » ROA %

Swashthik Plascon (BOM:544035) ROA % : 5.66% (As of Sep. 2024)


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

What is Swashthik Plascon ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Swashthik Plascon's annualized Net Income for the quarter that ended in Sep. 2024 was ₹89 Mil. Swashthik Plascon's average Total Assets over the quarter that ended in Sep. 2024 was ₹1,574 Mil. Therefore, Swashthik Plascon's annualized ROA % for the quarter that ended in Sep. 2024 was 5.66%.

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

BOM:544035' s ROA % Range Over the Past 10 Years
Min: 0.24   Med: 2.43   Max: 5.79
Current: 4.97

During the past 4 years, Swashthik Plascon's highest ROA % was 5.79%. The lowest was 0.24%. And the median was 2.43%.

BOM:544035's ROA % is ranked better than
66.42% of 402 companies
in the Packaging & Containers industry
Industry Median: 3.06 vs BOM:544035: 4.97

Swashthik Plascon ROA % Historical Data

The historical data trend for Swashthik Plascon'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.

Swashthik Plascon ROA % Chart

Swashthik Plascon Annual Data
Trend Mar21 Mar22 Mar23 Mar24
ROA %
0.24 0.47 4.38 5.79

Swashthik Plascon Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
ROA % Get a 7-Day Free Trial - - 8.67 4.03 5.66

Competitive Comparison of Swashthik Plascon's ROA %

For the Packaging & Containers subindustry, Swashthik Plascon'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.


Swashthik Plascon's ROA % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Swashthik Plascon's ROA % distribution charts can be found below:

* The bar in red indicates where Swashthik Plascon's ROA % falls into.



Swashthik Plascon ROA % Calculation

Swashthik Plascon'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 )
=75.306/( (1107.626+1493.004)/ 2 )
=75.306/1300.315
=5.79 %

Swashthik Plascon'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 )
=89.106/( (1493.004+1654.027)/ 2 )
=89.106/1573.5155
=5.66 %

* 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.


Swashthik Plascon  (BOM:544035) 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
=89.106/1573.5155
=(Net Income / Revenue)*(Revenue / Total Assets)
=(89.106 / 1430.812)*(1430.812 / 1573.5155)
=Net Margin %*Asset Turnover
=6.23 %*0.9093
=5.66 %

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.


Swashthik Plascon ROA % Related Terms

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


Swashthik Plascon Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. A75 - A76, PIPDIC Electronic Park, Thirubuvanai, Mannadipet Commune, Puducherry, KL, IND, 605107
Swashthik Plascon Ltd is mainly engaged in the business of manufacturing a wide range of PET bottles and PET preforms which includes PET bottles for pharmaceutical applications, liquor applications, FMCG packaging, household applications, dish wash liquid packaging, repellent dispensers etc and PET preforms for soft drinks bottles, packaged drinking water bottle and juice bottles.

Swashthik Plascon Headlines

No Headlines