MRF Ret. on assets
What is the Ret. on assets of MRF?
The Ret. on assets of MRF Limited is 2.60%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Consumer Discretionary sector on NSE compared to MRF
What does MRF do?
MRF Limited, together with its subsidiaries, manufactures, distributes, and sells rubber products in India and internationally. The company offers rubber products, such as tyres, tubes, flaps, and tread rubber. It also engages in the paints and coats, toys, motorsports, and cricket training businesses. The company offers tyres for trucks, farm services, LCVs, SCVs, three wheelers, pick up, two wheelers, passenger cars, and OTRs. In addition, it operates MRF TireTok, MRF Tyredrome, MRF FASST, MRF Musclezone, and shops that offer computerized nitrogen inflation, tubeless repair, wheel alignment, wheel balancing and tyre changing, robotic wheel alignment, vehicle safety test lane, diagnostic wheel balancing, A/C recovery and recharging, electronic headlight alignment, nitrogen generation, special two-wheeler tyre changing, credit card facility, wheels removal and refitment, and tyre mounting and de-mounting services. The company sells its products through approximately 5,000 dealer networks. MRF Limited was founded in 1946 and is based in Chennai, India.
Companies with ret. on assets similar to MRF
- Smart Metering Systems Plc has Ret. on assets of 2.59%
- NORMA SE has Ret. on assets of 2.59%
- Ramkrishna Forgings has Ret. on assets of 2.60%
- Foresight Solar Fund has Ret. on assets of 2.60%
- Unibel S.A has Ret. on assets of 2.60%
- Minerals Technologies has Ret. on assets of 2.60%
- MRF has Ret. on assets of 2.60%
- Chembond Chemicals has Ret. on assets of 2.61%
- Redishred Capital has Ret. on assets of 2.61%
- William Hill Plc has Ret. on assets of 2.61%
- The Southern has Ret. on assets of 2.61%
- Spire has Ret. on assets of 2.61%
- Kalyani Forge has Ret. on assets of 2.61%