In This Article:
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize!
Measuring Aspinwall and Company Limited’s (NSE:ASPINWALL) track record of past performance is a useful exercise for investors. It enables us to understand whether or not the company has met or exceed expectations, which is an insightful signal for future performance. Today I will assess ASPINWALL’s recent performance announced on 31 March 2018 and weigh these figures against its long-term trend and industry movements.
View our latest analysis for Aspinwall
Did ASPINWALL beat its long-term earnings growth trend and its industry?
ASPINWALL’s trailing twelve-month earnings (from 31 March 2018) of ₹129m has jumped 30% compared to the previous year.
Furthermore, this one-year growth rate has exceeded its 5-year annual growth average of 21%, indicating the rate at which ASPINWALL is growing has accelerated. What’s the driver of this growth? Let’s take a look at whether it is merely owing to industry tailwinds, or if Aspinwall has experienced some company-specific growth.
In terms of returns from investment, Aspinwall has fallen short of achieving a 20% return on equity (ROE), recording 9.5% instead. Furthermore, its return on assets (ROA) of 6.4% is below the IN Food industry of 7.0%, indicating Aspinwall’s are utilized less efficiently. However, its return on capital (ROC), which also accounts for Aspinwall’s debt level, has increased over the past 3 years from 7.3% to 17%.
What does this mean?
Aspinwall’s track record can be a valuable insight into its earnings performance, but it certainly doesn’t tell the whole story. Positive growth and profitability are what investors like to see in a company’s track record, but how do we properly assess sustainability? You should continue to research Aspinwall to get a more holistic view of the stock by looking at:
-
Future Outlook: What are well-informed industry analysts predicting for ASPINWALL’s future growth? Take a look at our free research report of analyst consensus for ASPINWALL’s outlook.
-
Financial Health: Are ASPINWALL’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
-
Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.
NB: Figures in this article are calculated using data from the trailing twelve months from 31 March 2018. This may not be consistent with full year annual report figures.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. On rare occasion, data errors may occur. Thank you for reading.