GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Transwind Infrastructures Ltd (NSE:TRANSWIND) » Definitions » ROA %

Transwind Infrastructures (NSE:TRANSWIND) ROA % : 1.51% (As of Sep. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Transwind Infrastructures ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Transwind Infrastructures's annualized Net Income for the quarter that ended in Sep. 2023 was ₹3.3 Mil. Transwind Infrastructures's average Total Assets over the quarter that ended in Sep. 2023 was ₹217.0 Mil. Therefore, Transwind Infrastructures's annualized ROA % for the quarter that ended in Sep. 2023 was 1.51%.

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

NSE:TRANSWIND' s ROA % Range Over the Past 10 Years
Min: -4.12   Med: 2.71   Max: 5.72
Current: 1.74

During the past 12 years, Transwind Infrastructures's highest ROA % was 5.72%. The lowest was -4.12%. And the median was 2.71%.

NSE:TRANSWIND's ROA % is ranked worse than
58.41% of 1664 companies
in the Construction industry
Industry Median: 2.625 vs NSE:TRANSWIND: 1.74

Transwind Infrastructures ROA % Historical Data

The historical data trend for Transwind Infrastructures'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.

Transwind Infrastructures ROA % Chart

Transwind Infrastructures Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.51 -4.12 2.20 2.41

Transwind Infrastructures Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -6.83 11.76 2.76 2.03 1.51

Competitive Comparison of Transwind Infrastructures's ROA %

For the Engineering & Construction subindustry, Transwind Infrastructures'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.


Transwind Infrastructures's ROA % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Transwind Infrastructures's ROA % distribution charts can be found below:

* The bar in red indicates where Transwind Infrastructures's ROA % falls into.



Transwind Infrastructures ROA % Calculation

Transwind Infrastructures's annualized ROA % for the fiscal year that ended in Mar. 2023 is calculated as:

ROA %=Net Income (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=5.017/( (212.699+203.69)/ 2 )
=5.017/208.1945
=2.41 %

Transwind Infrastructures's annualized ROA % for the quarter that ended in Sep. 2023 is calculated as:

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=3.27/( (203.69+230.392)/ 2 )
=3.27/217.041
=1.51 %

* 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 (Sep. 2023) net income data. ROA % is displayed in the 30-year financial page.


Transwind Infrastructures  (NSE:TRANSWIND) 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: Sep. 2023 )
=Net Income/Total Assets
=3.27/217.041
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3.27 / 107.5)*(107.5 / 217.041)
=Net Margin %*Asset Turnover
=3.04 %*0.4953
=1.51 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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.


Transwind Infrastructures ROA % Related Terms

Thank you for viewing the detailed overview of Transwind Infrastructures's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Transwind Infrastructures (NSE:TRANSWIND) Business Description

Traded in Other Exchanges
N/A
Address
S.G. Highway, 74, Newyork Tower-A, Opposite Jain Derasar, Thaltej, Ahmedabad, GJ, IND, 380054
Transwind Infrastructures Ltd engages in the infrastructure development projects, in the sectors of Railway signaling and telecommunication, Quad cable and Optical Fiber Cable projects, and Distribution of gas pipeline network. It is also engaged in the construction and maintenance of roads, rail-beds, bridges, tunnels, and pipelines in India. It is mainly engaged in one segment which is the business of Construction Activities. Geographically the company conducts its operation in India only.

Transwind Infrastructures (NSE:TRANSWIND) Headlines

No Headlines