ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Azad India Mobility's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹57.4 Mil.
Azad India Mobility's average Total Assets over the quarter that ended in Mar. 2026 was ₹1,512.4 Mil. Therefore, Azad India Mobility's annualized ROA % for the quarter that ended in Mar. 2026 was 3.80%.
The historical rank and industry rank for Azad India Mobility's ROA % or its related term are showing as below:
BOM:504731'
s ROA % Range Over the Past 10 Years
Min: -52.37 Med: -15.88 Max: 2.19
Current: 2.03
During the past 13 years, Azad India Mobility's highest ROA % was 2.19%. The lowest was -52.37%. And the median was -15.88%.
BOM:504731's ROA % is ranked better than 50.71% of 633
companies
in the Steel industry
Industry Median: 1.92
vs BOM:504731: 2.03
Azad India Mobility (BOM:504731) 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 banks 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:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.
Azad India Mobility ROA % Related Terms
Azad India Mobility ROA % Historical Data
* Premium members only.
The historical data trend for Azad India Mobility'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.
For the Steel subindustry, Azad India Mobility'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.
Azad India Mobility ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Azad India Mobility's ROA % distribution charts can be found below:
* The bar in red indicates where Azad India Mobility's ROA % falls into.
* 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 four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Azad India Mobility (BOM:504731) has a ROA % of 3.80% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Azad India Mobility and its competitors. According to the industry distribution chart, Azad India Mobility ranks #312 out of 633 companies in the Steel industry, placing it in the top 49.3%.
Is Azad India Mobility's ROA % too high?
Azad India Mobility's current ROA % is 3.80%. The Steel industry median ROA % is 1.92. Azad India Mobility's value of 3.80% is 97.9% above this industry median. Based on the distribution chart, Azad India Mobility ranks #312 out of 633 companies in the Steel industry, which is above the industry midpoint. Overall, Azad India Mobility has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Azad India Mobility's ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Azad India Mobility ranks #312 out of 633 companies for ROA %. This puts Azad India Mobility in the upper half of its industry. The industry median ROA % is 1.92. Azad India Mobility's value of 3.80% is 97.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Steel company?
The median ROA % among Steel companies is 1.92, based on 633 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Azad India Mobility's current ROA % of 3.80% is 97.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Azad India Mobility and its competitors. For the Steel industry, the median ROA % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azad India Mobility's current ROA % is 3.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azad India Mobility stock overvalued right now?
Azad India Mobility (BOM:504731) has a current ROA % of 3.80%. The current ROA % is 3.80% and 97.9% above the Steel industry median of 1.92. Azad India Mobility's overall GF Score™ is 32/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Azad India Mobility (BOM:504731), the current ROA % is 3.80% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Azad India Mobility Ltd is engaged in the business of manufacturing of electric buses designed for superior efficiency, safety, and passenger comfort. The company operates only in India.
32GF Score
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