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Mafia Trends (BOM:543613) ROA % : 1.67% (As of Mar. 2023)


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What is Mafia Trends ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mafia Trends's annualized Net Income for the quarter that ended in Mar. 2023 was ₹2.06 Mil. Mafia Trends's average Total Assets over the quarter that ended in Mar. 2023 was ₹123.03 Mil. Therefore, Mafia Trends's annualized ROA % for the quarter that ended in Mar. 2023 was 1.67%.

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

BOM:543613' s ROA % Range Over the Past 10 Years
Min: 0.04   Med: 2.22   Max: 7.97
Current: 1.67

During the past 4 years, Mafia Trends's highest ROA % was 7.97%. The lowest was 0.04%. And the median was 2.22%.

BOM:543613's ROA % is ranked worse than
54.2% of 1118 companies
in the Retail - Cyclical industry
Industry Median: 2.16 vs BOM:543613: 1.67

Mafia Trends ROA % Historical Data

The historical data trend for Mafia Trends'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.

Mafia Trends ROA % Chart

Mafia Trends Annual Data
Trend Mar20 Mar21 Mar22 Mar23
ROA %
0.04 2.76 7.97 1.67

Mafia Trends Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
ROA % 0.04 2.76 7.97 1.67

Competitive Comparison of Mafia Trends's ROA %

For the Apparel Retail subindustry, Mafia Trends'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.


Mafia Trends's ROA % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mafia Trends's ROA % distribution charts can be found below:

* The bar in red indicates where Mafia Trends's ROA % falls into.



Mafia Trends ROA % Calculation

Mafia Trends'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 )
=2.056/( (106.272+139.781)/ 2 )
=2.056/123.0265
=1.67 %

Mafia Trends's annualized ROA % for the quarter that ended in Mar. 2023 is calculated as:

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=2.056/( (106.272+139.781)/ 2 )
=2.056/123.0265
=1.67 %

* 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 one times the annual (Mar. 2023) net income data. ROA % is displayed in the 30-year financial page.


Mafia Trends  (BOM:543613) 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. 2023 )
=Net Income/Total Assets
=2.056/123.0265
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.056 / 76.834)*(76.834 / 123.0265)
=Net Margin %*Asset Turnover
=2.68 %*0.6245
=1.67 %

Note: The Net Income data used here is one times the annual (Mar. 2023) net income data. The Revenue data used here is one times the annual (Mar. 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.


Mafia Trends ROA % Related Terms

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Mafia Trends (BOM:543613) Business Description

Traded in Other Exchanges
N/A
Address
Sandesh Press Road, 1, Prabhu Kutir Complex, Vastrapur, Ahmedabad, GJ, IND, 380 015
Mafia Trends Ltd is engaged in the business of marketing and selling Men's fashion which includes apparel such as Jeans, Tshirts, Shirts, Chinos, Formal trousers and Formal shirts. The Company is engaged solely into the business of trading of apparels and readymade garments which is their only reportable segment.

Mafia Trends (BOM:543613) Headlines

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