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ASYA Infosoft (BOM:511144) ROE % : -1.69% (As of Dec. 2021)


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What is ASYA Infosoft ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ASYA Infosoft's annualized net income for the quarter that ended in Dec. 2021 was ₹-8.0 Mil. ASYA Infosoft's average Total Stockholders Equity over the quarter that ended in Dec. 2021 was ₹473.5 Mil. Therefore, ASYA Infosoft's annualized ROE % for the quarter that ended in Dec. 2021 was -1.69%.

The historical rank and industry rank for ASYA Infosoft's ROE % or its related term are showing as below:

BOM:511144's ROE % is not ranked *
in the Software industry.
Industry Median: 3.21
* Ranked among companies with meaningful ROE % only.

ASYA Infosoft ROE % Historical Data

The historical data trend for ASYA Infosoft's ROE % 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.

ASYA Infosoft ROE % Chart

ASYA Infosoft Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 3.02 4.06 1.03 0.77

ASYA Infosoft Quarterly Data
Sep15 Dec15 Mar16 Jun16 Mar17 Jun17 Mar18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
ROE % 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 1.47 -0.53 1.03 4.18 -1.69

Competitive Comparison of ASYA Infosoft's ROE %

For the Information Technology Services subindustry, ASYA Infosoft's ROE %, along with its competitors' market caps and ROE % 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.


ASYA Infosoft's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, ASYA Infosoft's ROE % distribution charts can be found below:

* The bar in red indicates where ASYA Infosoft's ROE % falls into.



ASYA Infosoft ROE % Calculation

ASYA Infosoft's annualized ROE % for the fiscal year that ended in Mar. 2021 is calculated as

ROE %=Net Income (A: Mar. 2021 )/( (Total Stockholders Equity (A: Mar. 2020 )+Total Stockholders Equity (A: Mar. 2021 ))/ count )
=1.752/( (225.344+228.506)/ 2 )
=1.752/226.925
=0.77 %

ASYA Infosoft's annualized ROE % for the quarter that ended in Dec. 2021 is calculated as

ROE %=Net Income (Q: Dec. 2021 )/( (Total Stockholders Equity (Q: Sep. 2021 )+Total Stockholders Equity (Q: Dec. 2021 ))/ count )
=-8/( (473.471+0)/ 1 )
=-8/473.471
=-1.69 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2021) net income data. ROE % is displayed in the 30-year financial page.


ASYA Infosoft  (BOM:511144) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2021 )
=Net Income/Total Stockholders Equity
=-8/473.471
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8 / 405.756)*(405.756 / 1849.419)*(1849.419 / 473.471)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.97 %*0.2194*3.9061
=ROA %*Equity Multiplier
=-0.43 %*3.9061
=-1.69 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2021 )
=Net Income/Total Stockholders Equity
=-8/473.471
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-8 / -8) * (-8 / -8.808) * (-8.808 / 405.756) * (405.756 / 1849.419) * (1849.419 / 473.471)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9083 * -2.17 % * 0.2194 * 3.9061
=-1.69 %

Note: The net income data used here is four times the quarterly (Dec. 2021) net income data. The Revenue data used here is four times the quarterly (Dec. 2021) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


ASYA Infosoft ROE % Related Terms

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ASYA Infosoft (BOM:511144) Business Description

Traded in Other Exchanges
N/A
Address
Stadium Five Roads, H. N. House, 4th Floor, Nidhi Complex, Above Stadium Underbridge, Navrangpura, Ahmedabad, GJ, IND, 380009
ASYA Infosoft Ltd is principally engaged in training and IT enables services. It offers strategy and technology implementation services to companies wanting to optimize or re-engineer their existing business. The firm uses N-tier architecture, web designing, and web development for image building of the company with multimedia animation. The group also offers network solutions and resource management services. The firm offers its services in Software Development, Business process outsourcing, Web Designing/Development, E-business solutions, Multimedia/Animation, Networking Solutions, and Resource Management.

ASYA Infosoft (BOM:511144) Headlines

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