Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Munjal Showa's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹-2 Mil.
Munjal Showa's average Total Assets over the quarter that ended in Mar. 2026 was ₹8,649 Mil. Therefore, Munjal Showa's annualized ROA % for the quarter that ended in Mar. 2026 was -0.02%.
The historical rank and industry rank for Munjal Showa's ROA % or its related term are showing as below:
BOM:520043'
s ROA % Range Over the Past 10 Years
Min: 1.53 Med: 3.9 Max: 10.55
Current: 2.59
During the past 13 years, Munjal Showa's highest ROA % was 10.55%. The lowest was 1.53%. And the median was 3.90%.
BOM:520043's ROA % is ranked worse than 53.38% of 1330
companies
in the Vehicles & Parts industry
Industry Median: 2.975
vs BOM:520043: 2.59
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.
Munjal Showa ROA % Related Terms
Munjal Showa ROA % Historical Data
* Premium members only.
The historical data trend for Munjal Showa'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 Auto Parts subindustry, Munjal Showa'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.
Munjal Showa ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Munjal Showa's ROA % distribution charts can be found below:
* The bar in red indicates where Munjal Showa'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.
Munjal Showa (BOM:520043) has a ROA % of -0.02% 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 Munjal Showa and its competitors. Over the past decade, Munjal Showa's ROA % has ranged from 1.53 to 10.55. According to the industry distribution chart, Munjal Showa ranks #710 out of 1330 companies in the Vehicles & Parts industry, placing it in the top 53.4%.
Is Munjal Showa's ROA % too high?
Munjal Showa's current ROA % is -0.02%. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 10.55. Based on the distribution chart, Munjal Showa ranks #710 out of 1330 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Munjal Showa has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Munjal Showa's ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Munjal Showa ranks #710 out of 1330 companies for ROA %. This places Munjal Showa in the lower half of its industry. The industry median ROA % is 2.98. Historically, Munjal Showa's own ROA % has ranged from 1.53 to 10.55 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 Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 2.98, based on 1,330 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 Munjal Showa and its competitors. For the Vehicles & Parts industry, the median ROA % is 2.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munjal Showa's current ROA % is -0.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munjal Showa stock overvalued right now?
Based on GuruFocus' analysis, Munjal Showa (BOM:520043) is currently considered Fairly Valued. The stock's GF Value™ is ₹152.40, compared to a current price of ₹144.20 — trading 5.4% below its estimated fair value. The current ROA % is -0.02%. Munjal Showa's overall GF Score™ is 68/100 with 4 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 Munjal Showa (BOM:520043), the current ROA % is -0.02% 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 Munjal Showa (BOM:520043) Overvalued in 2026?
Based on GuruFocus' analysis, Munjal Showa stock appears to be undervalued.
The current stock price of ₹144.20 is trading 5.4% below its estimated GF Value™ of ₹152.40.
GuruFocus considers Munjal Showa to be Fairly Valued.
Key valuation signals for BOM:520043:
ROA %: -0.02%
GF Value™: ₹152.40 vs. price of ₹144.20 (5.4% below fair value)
No single metric tells the full story. See the BOM:520043 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Munjal Showa Ltd operates as an ancillary and manufactures auto components for the two-wheeler and four-wheeler industry. The company's primary products are front forks, shock absorbers, struts, gas springs, and window balancers. Geographically, it derives a majority of revenue from India. The company operates in the Auto Components segment.
68GF Score
Get the complete analysis for BOM:520043
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:520043 has been successfully added to your 
