ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Carborundum Universal's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹-704 Mil.
Carborundum Universal's average Total Assets over the quarter that ended in Mar. 2026 was ₹52,906 Mil. Therefore, Carborundum Universal's annualized ROA % for the quarter that ended in Mar. 2026 was -1.33%.
The historical rank and industry rank for Carborundum Universal's ROA % or its related term are showing as below:
BOM:513375'
s ROA % Range Over the Past 10 Years
Min: 3.9 Med: 11.26 Max: 12.04
Current: 3.9
During the past 13 years, Carborundum Universal's highest ROA % was 12.04%. The lowest was 3.90%. And the median was 11.26%.
BOM:513375's ROA % is ranked better than 64.08% of 568
companies
in the Conglomerates industry
Industry Median: 2.515
vs BOM:513375: 3.90
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.
* 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 Conglomerates subindustry, Carborundum Universal'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.
Carborundum Universal ROA % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Carborundum Universal's ROA % distribution charts can be found below:
* The bar in red indicates where Carborundum Universal'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.
Carborundum Universal (BOM:513375) has a ROA % of -1.33% 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 Carborundum Universal and its competitors. Over the past decade, Carborundum Universal's ROA % has ranged from 3.90 to 12.04. According to the industry distribution chart, Carborundum Universal ranks #204 out of 568 companies in the Conglomerates industry, placing it in the top 35.9%.
Is Carborundum Universal's ROA % too high?
Carborundum Universal's current ROA % is -1.33%. Over the past 10 years, this metric has ranged from a low of 3.90 to a high of 12.04. Based on the distribution chart, Carborundum Universal ranks #204 out of 568 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Carborundum Universal has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Carborundum Universal's ROA % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Carborundum Universal ranks #204 out of 568 companies for ROA %. This puts Carborundum Universal in the upper half of its industry. The industry median ROA % is 2.52. Historically, Carborundum Universal's own ROA % has ranged from 3.90 to 12.04 over the past decade. 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 Conglomerates company?
The median ROA % among Conglomerates companies is 2.52, based on 568 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. 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 Carborundum Universal and its competitors. For the Conglomerates industry, the median ROA % is 2.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carborundum Universal's current ROA % is -1.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carborundum Universal stock overvalued right now?
Based on GuruFocus' analysis, Carborundum Universal (BOM:513375) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,254.94, compared to a current price of ₹1,145.55 — trading 8.7% below its estimated fair value. The current ROA % is -1.33%. Carborundum Universal's overall GF Score™ is 93/100 with 9 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 Carborundum Universal (BOM:513375), the current ROA % is -1.33% 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.
Is Carborundum Universal (BOM:513375) Overvalued in 2026?
Based on GuruFocus' analysis, Carborundum Universal stock appears to be undervalued.
The current stock price of ₹1,145.55 is trading 8.7% below its estimated GF Value™ of ₹1,254.94.
GuruFocus considers Carborundum Universal to be Fairly Valued.
Key valuation signals for BOM:513375:
ROA %: -1.33%
GF Value™: ₹1,254.94 vs. price of ₹1,145.55 (8.7% below fair value)
No single metric tells the full story. See the BOM:513375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carborundum Universal Ltd is an investment holding company. Along with its subsidiaries, it mainly provides solutions predominantly for industrial manufacturing needs by developing, manufacturing, and marketing products using the properties of materials known as electrominerals. The company's reportable business segments are; Surface engineering (material removal, cutting, polishing) known as Abrasives; Ceramics; Electrominerals; Power; IT services; and others. Maximum revenue is derived from the Abrasives segment which is comprised of bonded, coated, processed cloth, polymers, power tools, and coolants. The company generates maximum revenue through exports and the rest from its business in India.
93GF Score
Get the complete analysis for BOM:513375
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