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Landmark Cars (NSE:LANDMARK) ROA % : 2.73% (As of Mar. 2024)


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What is Landmark Cars ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Landmark Cars's annualized Net Income for the quarter that ended in Mar. 2024 was ₹423 Mil. Landmark Cars's average Total Assets over the quarter that ended in Mar. 2024 was ₹15,514 Mil. Therefore, Landmark Cars's annualized ROA % for the quarter that ended in Mar. 2024 was 2.73%.

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

NSE:LANDMARK' s ROA % Range Over the Past 10 Years
Min: -3.45   Med: 3.61   Max: 7.78
Current: 3.71

During the past 5 years, Landmark Cars's highest ROA % was 7.78%. The lowest was -3.45%. And the median was 3.61%.

NSE:LANDMARK's ROA % is ranked better than
52.37% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 3.415 vs NSE:LANDMARK: 3.71

Landmark Cars ROA % Historical Data

The historical data trend for Landmark Cars'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.

Landmark Cars ROA % Chart

Landmark Cars Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROA %
-3.45 1.32 6.64 7.78 3.61

Landmark Cars Quarterly Data
Mar20 Mar21 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 - - 5.49 4.97 2.73

Competitive Comparison of Landmark Cars's ROA %

For the Auto & Truck Dealerships subindustry, Landmark Cars'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.


Landmark Cars's ROA % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Landmark Cars's ROA % distribution charts can be found below:

* The bar in red indicates where Landmark Cars's ROA % falls into.



Landmark Cars ROA % Calculation

Landmark Cars'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 )
=560.05/( (0+15514.22)/ 1 )
=560.05/15514.22
=3.61 %

Landmark Cars'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 )
=423.24/( (0+15514.22)/ 1 )
=423.24/15514.22
=2.73 %

* 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.


Landmark Cars  (NSE:LANDMARK) 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
=423.24/15514.22
=(Net Income / Revenue)*(Revenue / Total Assets)
=(423.24 / 34558.92)*(34558.92 / 15514.22)
=Net Margin %*Asset Turnover
=1.22 %*2.2276
=2.73 %

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.


Landmark Cars ROA % Related Terms

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Landmark Cars (NSE:LANDMARK) Business Description

Traded in Other Exchanges
Address
G. M. Bhosale Marg, Unit No. 201 to 203, Landmark, 2nd Floor, Worli, Mumbai, MH, IND, 400018
Landmark Cars Ltd has a presence across the automotive retail value chain, including sales of new vehicles, after-sales service, and repairs, sales of pre-owned passenger vehicles, and facilitation of the sales of third-party financial and insurance products. The company is operating in a single segment namely the dealership of cars in India. The company's revenue is generated entirely within India.

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