ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Munjal Auto Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹-10 Mil.
Munjal Auto Industries's average Total Assets over the quarter that ended in Mar. 2026 was ₹14,553 Mil. Therefore, Munjal Auto Industries's annualized ROA % for the quarter that ended in Mar. 2026 was -0.07%.
The historical rank and industry rank for Munjal Auto Industries's ROA % or its related term are showing as below:
BOM:520059'
s ROA % Range Over the Past 10 Years
Min: 0.61 Med: 3.04 Max: 9.14
Current: 3.02
During the past 13 years, Munjal Auto Industries's highest ROA % was 9.14%. The lowest was 0.61%. And the median was 3.04%.
BOM:520059's ROA % is ranked better than 50.26% of 1333
companies
in the Vehicles & Parts industry
Industry Median: 2.95
vs BOM:520059: 3.02
Munjal Auto Industries (BOM:520059) 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.
* 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 Auto Industries'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 Auto Industries ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Munjal Auto Industries's ROA % distribution charts can be found below:
* The bar in red indicates where Munjal Auto Industries'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 Auto Industries (BOM:520059) has a ROA % of -0.07% 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 Auto Industries and its competitors. Over the past decade, Munjal Auto Industries' ROA % has ranged from 0.61 to 9.14. According to the industry distribution chart, Munjal Auto Industries ranks #663 out of 1333 companies in the Vehicles & Parts industry, placing it in the top 49.7%.
Is Munjal Auto Industries' ROA % too high?
Munjal Auto Industries' current ROA % is -0.07%. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 9.14. Based on the distribution chart, Munjal Auto Industries ranks #663 out of 1333 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Munjal Auto Industries has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Munjal Auto Industries' ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Munjal Auto Industries ranks #663 out of 1333 companies for ROA %. This puts Munjal Auto Industries in the upper half of its industry. The industry median ROA % is 2.95. Historically, Munjal Auto Industries' own ROA % has ranged from 0.61 to 9.14 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 2.95, based on 1,333 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 Auto Industries and its competitors. For the Vehicles & Parts industry, the median ROA % is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munjal Auto Industries's current ROA % is -0.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munjal Auto Industries stock overvalued right now?
Based on GuruFocus' analysis, Munjal Auto Industries (BOM:520059) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹93.38, compared to a current price of ₹103.91 — trading 11.3% above its estimated fair value. The current ROA % is -0.07%. Munjal Auto Industries' overall GF Score™ is 67/100 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 Munjal Auto Industries (BOM:520059), the current ROA % is -0.07% 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 Auto Industries (BOM:520059) Overvalued in 2026?
Based on GuruFocus' analysis, Munjal Auto Industries stock appears to be overvalued.
The current stock price of ₹103.91 is trading 11.3% above its estimated GF Value™ of ₹93.38.
GuruFocus considers Munjal Auto Industries to be Modestly Overvalued.
Key valuation signals for BOM:520059:
ROA %: -0.07%
GF Value™: ₹93.38 vs. price of ₹103.91 (11.3% above fair value)
No single metric tells the full story. See the BOM:520059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Munjal Auto Industries Ltd is an India-based company. It offers an exhaust system or mufflers for two-wheelers. The company is engaged in the manufacture of wheels, rims, fuel tanks, and other components for auto industries. Its product range for 2-3 wheelers includes Steel Wheel Rim and Spoke Wheel Rim. Its product range for four-wheelers includes fuel tank assembly, seat structure system, side step assembly, and other products. Some of the company's facilities offered by the company include an engineering and tool room, which includes a central tool room and technical center, a tool design center and tool manufacturing, and a fuel tank manufacturing line. Its operations fall under a single segment namely Manufacturing of Auto Components. The company generates majority revenue from India.
67GF Score
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