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5paisa Capital (BOM:540776) Return-on-Tangible-Asset : 1.13% (As of Mar. 2024)


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What is 5paisa Capital Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. 5paisa Capital's annualized Net Income for the quarter that ended in Mar. 2024 was ₹231 Mil. 5paisa Capital's average total tangible assets for the quarter that ended in Mar. 2024 was ₹20,448 Mil. Therefore, 5paisa Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was 1.13%.

The historical rank and industry rank for 5paisa Capital's Return-on-Tangible-Asset or its related term are showing as below:

BOM:540776' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -21.14   Med: -0.32   Max: 13.96
Current: 2.87

During the past 11 years, 5paisa Capital's highest Return-on-Tangible-Asset was 13.96%. The lowest was -21.14%. And the median was -0.32%.

BOM:540776's Return-on-Tangible-Asset is ranked better than
60.87% of 805 companies
in the Capital Markets industry
Industry Median: 1.46 vs BOM:540776: 2.87

5paisa Capital Return-on-Tangible-Asset Historical Data

The historical data trend for 5paisa Capital's Return-on-Tangible-Asset 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.

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5paisa Capital Return-on-Tangible-Asset Chart

5paisa Capital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.75 1.98 1.11 2.69 2.96

5paisa Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Asset 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 3.52 3.55 3.79 3.00 1.13

Competitive Comparison of 5paisa Capital's Return-on-Tangible-Asset

For the Capital Markets subindustry, 5paisa Capital's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


5paisa Capital's Return-on-Tangible-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, 5paisa Capital's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where 5paisa Capital's Return-on-Tangible-Asset falls into.



5paisa Capital Return-on-Tangible-Asset Calculation

5paisa Capital's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=544.415/( (16374.73+20448.07)/ 2 )
=544.415/18411.4
=2.96 %

5paisa Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=231.036/( (0+20448.07)/ 1 )
=231.036/20448.07
=1.13 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible 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.


5paisa Capital  (BOM:540776) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset 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. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


5paisa Capital Return-on-Tangible-Asset Related Terms

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5paisa Capital (BOM:540776) Business Description

Traded in Other Exchanges
Address
Road Number 16V, MIDC, Thane Industrial Area, Sun Infotech Park, Plot Number B - 23, IIFL House, Wagle Estate, Thane, MH, IND, 400604
5paisa Capital Ltd is an online financial services provider. The company provides a wide range of financial services to its customers including stock broking services, depository services, distribution of mutual funds, bonds and debentures, equity and mutual fund research through its technology-based platforms. Its business is to provide broking services, to its clients, in the capital markets in India. The company has launched peer-to-peer lending (P2P) via its website 5paisaloans.com and mobile app 5Paisa Loans. P2P is aimed at offering investors yet another investment option to diversify their portfolio and secure higher returns.

5paisa Capital (BOM:540776) Headlines

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