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Nazara Technologies (NSE:NAZARA) ROA % : 4.13% (As of Dec. 2024)


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What is Nazara Technologies ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nazara Technologies's annualized Net Income for the quarter that ended in Dec. 2024 was ₹1,227 Mil. Nazara Technologies's average Total Assets over the quarter that ended in Dec. 2024 was ₹29,744 Mil. Therefore, Nazara Technologies's annualized ROA % for the quarter that ended in Dec. 2024 was 4.13%.

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

NSE:NAZARA' s ROA % Range Over the Past 10 Years
Min: -0.34   Med: 2.34   Max: 3.58
Current: 2.61

During the past 7 years, Nazara Technologies's highest ROA % was 3.58%. The lowest was -0.34%. And the median was 2.34%.

NSE:NAZARA's ROA % is ranked better than
62.03% of 590 companies
in the Interactive Media industry
Industry Median: -1.19 vs NSE:NAZARA: 2.61

Nazara Technologies ROA % Historical Data

The historical data trend for Nazara Technologies'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.

Nazara Technologies ROA % Chart

Nazara Technologies Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROA %
Get a 7-Day Free Trial -0.34 1.04 2.34 2.53 2.53

Nazara Technologies Quarterly Data
Mar19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 5.29 -1.23 3.28 2.95 4.13

Competitive Comparison of Nazara Technologies's ROA %

For the Electronic Gaming & Multimedia subindustry, Nazara Technologies'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.


Nazara Technologies's ROA % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nazara Technologies's ROA % distribution charts can be found below:

* The bar in red indicates where Nazara Technologies's ROA % falls into.


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Nazara Technologies ROA % Calculation

Nazara Technologies'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 )
=565.7/( (17017.8+27617.8)/ 2 )
=565.7/22317.8
=2.53 %

Nazara Technologies's annualized ROA % for the quarter that ended in Dec. 2024 is calculated as:

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=1227.2/( (29743.5+0)/ 1 )
=1227.2/29743.5
=4.13 %

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


Nazara Technologies  (NSE:NAZARA) 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: Dec. 2024 )
=Net Income/Total Assets
=1227.2/29743.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1227.2 / 21387.6)*(21387.6 / 29743.5)
=Net Margin %*Asset Turnover
=5.74 %*0.7191
=4.13 %

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


Nazara Technologies ROA % Related Terms

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Nazara Technologies Business Description

Traded in Other Exchanges
Address
51-54, Maker Chambers 3, Nariman Point, Mumbai, MH, IND, 400021
Nazara Technologies Ltd is a mobile game company in India. The company has offerings across the interactive gaming, eSports, ad-tech, and gamified early learning ecosystems including World Cricket Championship (WCC) and CarromClash in mobile games, Kiddopia in gamified early learning, Nodwin, PublishMe and Sportskeeda in eSports and eSports media, OpenPlay, Halaplay and Qunami in skill-based, fantasy and trivia games, and Datawrkz in digital ad tech. The company's segment includes Gaming; eSports; and Ad tech. It generates maximum revenue from the eSports segment. Geographically, it derives a majority of its revenue from the USA.

Nazara Technologies Headlines

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