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Fonebox Retail (NSE:FONEBOX) ROA % : 7.17% (As of Mar. 2024)


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What is Fonebox Retail ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Fonebox Retail's annualized Net Income for the quarter that ended in Mar. 2024 was ₹38 Mil. Fonebox Retail's average Total Assets over the quarter that ended in Mar. 2024 was ₹525 Mil. Therefore, Fonebox Retail's annualized ROA % for the quarter that ended in Mar. 2024 was 7.17%.

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

NSE:FONEBOX' s ROA % Range Over the Past 10 Years
Min: -3.32   Med: 3.08   Max: 6.96
Current: 6.96

During the past 4 years, Fonebox Retail's highest ROA % was 6.96%. The lowest was -3.32%. And the median was 3.08%.

NSE:FONEBOX's ROA % is ranked better than
76.68% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 2.43 vs NSE:FONEBOX: 6.96

Fonebox Retail ROA % Historical Data

The historical data trend for Fonebox Retail'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.

Fonebox Retail ROA % Chart

Fonebox Retail Annual Data
Trend Mar21 Mar22 Mar23 Mar24
ROA %
-3.32 1.17 4.99 6.57

Fonebox Retail Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
ROA % - - - 7.18 7.17

Competitive Comparison of Fonebox Retail's ROA %

For the Specialty Retail subindustry, Fonebox Retail'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.


Fonebox Retail's ROA % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fonebox Retail's ROA % distribution charts can be found below:

* The bar in red indicates where Fonebox Retail's ROA % falls into.



Fonebox Retail ROA % Calculation

Fonebox Retail'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 )
=34.316/( (430.16+614.896)/ 2 )
=34.316/522.528
=6.57 %

Fonebox Retail'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 )
=37.594/( (434.227+614.896)/ 2 )
=37.594/524.5615
=7.17 %

* 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.


Fonebox Retail  (NSE:FONEBOX) 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
=37.594/524.5615
=(Net Income / Revenue)*(Revenue / Total Assets)
=(37.594 / 3139.364)*(3139.364 / 524.5615)
=Net Margin %*Asset Turnover
=1.2 %*5.9847
=7.17 %

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.


Fonebox Retail ROA % Related Terms

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Fonebox Retail Business Description

Traded in Other Exchanges
N/A
Address
S G Road, 702/703, 7th Floor, Satyam 64, Opposite Gujarat High Court, Ahmedabad, GJ, IND, 380061
Fonebox Retail Ltd is engaged in multi-brand retail selling of Smart Phones and allied accessories from manufacturers like Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG and Micromax. It is also engaged in multi-brand retail selling of consumer durable electronics goods like Laptop, Washing Machines, Smart TVs, Air Conditioners, Fridges, etc. from brands like TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, OnePlus. It mainly operate under the brand name of Fonebook and Fonebox and operates in stores across the state of Gujarat. The company's business activity falls within a single business segment of retail and geographically it operates only in India.

Fonebox Retail Headlines

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