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Atal Realtech (NSE:ATALREAL) ROA % : 5.67% (As of Mar. 2024)


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What is Atal Realtech ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Atal Realtech's annualized Net Income for the quarter that ended in Mar. 2024 was ₹31.3 Mil. Atal Realtech's average Total Assets over the quarter that ended in Mar. 2024 was ₹552.1 Mil. Therefore, Atal Realtech's annualized ROA % for the quarter that ended in Mar. 2024 was 5.67%.

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

NSE:ATALREAL' s ROA % Range Over the Past 10 Years
Min: 3.74   Med: 4.45   Max: 8.23
Current: 3.84

During the past 7 years, Atal Realtech's highest ROA % was 8.23%. The lowest was 3.74%. And the median was 4.45%.

NSE:ATALREAL's ROA % is ranked better than
61.72% of 1664 companies
in the Construction industry
Industry Median: 2.62 vs NSE:ATALREAL: 3.84

Atal Realtech ROA % Historical Data

The historical data trend for Atal Realtech'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.

Atal Realtech ROA % Chart

Atal Realtech Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROA %
Get a 7-Day Free Trial 4.47 3.97 4.45 3.93 3.74

Atal Realtech Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 7.96 2.32 5.63 2.11 5.67

Competitive Comparison of Atal Realtech's ROA %

For the Engineering & Construction subindustry, Atal Realtech'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.


Atal Realtech's ROA % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Atal Realtech's ROA % distribution charts can be found below:

* The bar in red indicates where Atal Realtech's ROA % falls into.



Atal Realtech ROA % Calculation

Atal Realtech'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 )
=21.446/( (571.617+575.637)/ 2 )
=21.446/573.627
=3.74 %

Atal Realtech's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=31.286/( (528.526+575.637)/ 2 )
=31.286/552.0815
=5.67 %

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


Atal Realtech  (NSE:ATALREAL) 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: Mar. 2024 )
=Net Income/Total Assets
=31.286/552.0815
=(Net Income / Revenue)*(Revenue / Total Assets)
=(31.286 / 619.132)*(619.132 / 552.0815)
=Net Margin %*Asset Turnover
=5.05 %*1.1215
=5.67 %

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


Atal Realtech ROA % Related Terms

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Atal Realtech (NSE:ATALREAL) Business Description

Traded in Other Exchanges
Address
Unit No. 301 and 302, S. No. 744, ABH Developers Town Square, Near City Centre Mall, Untwadi, Nashik, MH, IND, 422002
Atal Realtech Ltd is a construction company providing integrated civil works contracting and engineering services for structural construction and infrastructure sector projects. The company is engaged in contracting and sub-contracting for various government and private projects which includes the construction of commercial structures and industrial structures. It focuses on projects such as Civil construction projects, Water Supply and Drainage Projects, Road and Bridge projects, and Major and Minor Irrigation Projects.

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