GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BLS International Services Ltd (NSE:BLS) » Definitions » ROA %

BLS International Services (NSE:BLS) ROA % : 19.98% (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is BLS International Services ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. BLS International Services's annualized Net Income for the quarter that ended in Mar. 2024 was ₹3,230 Mil. BLS International Services's average Total Assets over the quarter that ended in Mar. 2024 was ₹16,164 Mil. Therefore, BLS International Services's annualized ROA % for the quarter that ended in Mar. 2024 was 19.98%.

The historical rank and industry rank for BLS International Services's ROA % or its related term are showing as below:

NSE:BLS' s ROA % Range Over the Past 10 Years
Min: 10.37   Med: 23.75   Max: 27.73
Current: 25.16

During the past 11 years, BLS International Services's highest ROA % was 27.73%. The lowest was 10.37%. And the median was 23.75%.

NSE:BLS's ROA % is ranked better than
98.61% of 1081 companies
in the Business Services industry
Industry Median: 3.56 vs NSE:BLS: 25.16

BLS International Services ROA % Historical Data

The historical data trend for BLS International Services'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.

BLS International Services ROA % Chart

BLS International Services 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 11.10 10.37 19.67 25.43 24.43

BLS International Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 29.28 29.16 26.92 28.90 19.98

Competitive Comparison of BLS International Services's ROA %

For the Specialty Business Services subindustry, BLS International Services'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.


BLS International Services's ROA % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, BLS International Services's ROA % distribution charts can be found below:

* The bar in red indicates where BLS International Services's ROA % falls into.



BLS International Services ROA % Calculation

BLS International Services'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 )
=3129.6/( (9453.756+16163.998)/ 2 )
=3129.6/12808.877
=24.43 %

BLS International Services's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=3230.208/( (0+16163.998)/ 1 )
=3230.208/16163.998
=19.98 %

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


BLS International Services  (NSE:BLS) 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
=3230.208/16163.998
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3230.208 / 17908.268)*(17908.268 / 16163.998)
=Net Margin %*Asset Turnover
=18.04 %*1.1079
=19.98 %

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


BLS International Services ROA % Related Terms

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


BLS International Services (NSE:BLS) Business Description

Traded in Other Exchanges
Address
Mathura Road, G-4B-1 Extension, Mohan Co-Operative INDL Estate, New Delhi, IND, 110044
BLS International Services Ltd is a provider of miscellaneous business services in India. These services include outsourcing and administrative tasks, passport and consular services to diplomatic missions across the world. It generates the majority of its revenue from operations rendered to the Middle East. Other regions include India, South Africa, Europe, North America, and Asia-Pacific. The company's businesses include Visa/Passport and OCI Application services, attestation, BLS Visa Consultancy, and BLS Embassy Notification Services.

BLS International Services (NSE:BLS) Headlines

No Headlines