ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Brace Port Logistics's annualizedNet Income for the quarter that ended in Mar. 2024 was ₹48.9 Mil.
Brace Port Logistics's average Total Assets over the quarter that ended in Mar. 2024 was ₹204.7 Mil. Therefore, Brace Port Logistics's annualized ROA % for the quarter that ended in Mar. 2024 was 23.89%.
The historical rank and industry rank for Brace Port Logistics's ROA % or its related term are showing as below:
NSE:BRACEPORT'
s ROA % Range Over the Past 10 Years
Min: 5.51 Med: 32.24 Max: 49.65
Current: 23.89
During the past 4 years, Brace Port Logistics's highest ROA % was 49.65%. The lowest was 5.51%. And the median was 32.24%.
NSE:BRACEPORT's ROA % is ranked better than 98.45% of 970
companies
in the Transportation industry
Industry Median: 3.795
vs NSE:BRACEPORT: 23.89
* 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.
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Brace Port Logistics ROA % Chart
Brace Port Logistics Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
ROA %
5.51
40.58
49.65
23.89
Brace Port Logistics Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
ROA %
5.51
40.58
49.65
23.89
Competitive Comparison of Brace Port Logistics's ROA %
For the Integrated Freight & Logistics subindustry, Brace Port Logistics'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.
Brace Port Logistics's ROA % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Brace Port Logistics's ROA % distribution charts can be found below:
* The bar in red indicates where Brace Port Logistics's ROA % falls into.
Brace Port Logistics ROA % Calculation
Brace Port Logistics's annualized ROA % for the fiscal year that ended in Mar. 2024 is calculated as:
* 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 one times the annual (Mar. 2024) net income data.
ROA % is displayed in the 30-year financial page.
Brace Port Logistics (NSE:BRACEPORT) 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 banks 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:
Note:
The Net Income data used here is one times the annual (Mar. 2024) net income data. The Revenue data used here is one times the 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.
Brace Port Logistics ROA % Related Terms
Thank you for viewing the detailed overview of Brace Port Logistics's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
Brace Port Logistics Ltd is a service-based logistics company primarily engaged in the business of providing Ocean cargo logistics services to clients operating in the various sectors of the economy. It also provides various value-added services like Air Freight, Warehousing facilities, special cargo services, and custom clearance services.
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