The Hi-Tech GearsBOM:522073 +0.07%65 ROA % is 3.87% as of Mar. 2026, which is 5% above its 10-year median of 3.68. GuruFocus rates BOM:522073 with a GF Score™ of 65/100 and a GF Value™ of ₹642.89 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,333 Vehicles & Parts companies, The Hi-Tech Gears ranks worse than 53.56% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. The Hi-Tech Gears's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹324 Mil.
The Hi-Tech Gears's average Total Assets over the quarter that ended in Mar. 2026 was ₹8,393 Mil. Therefore, The Hi-Tech Gears's annualized ROA % for the quarter that ended in Mar. 2026 was 3.87%.
The historical rank and industry rank for The Hi-Tech Gears's ROA % or its related term are showing as below:
BOM:522073'
s ROA % Range Over the Past 10 Years
Min: -0.11 Med: 3.68 Max: 12.07
Current: 2.56
During the past 13 years, The Hi-Tech Gears's highest ROA % was 12.07%. The lowest was -0.11%. And the median was 3.68%.
BOM:522073's ROA % is ranked worse than 53.56% of 1333
companies
in the Vehicles & Parts industry
Industry Median: 2.95
vs BOM:522073: 2.56
The Hi-Tech Gears (BOM:522073) 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.
The Hi-Tech Gears ROA % Related Terms
The Hi-Tech Gears ROA % Historical Data
* Premium members only.
The historical data trend for The Hi-Tech Gears'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, The Hi-Tech Gears'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.
The Hi-Tech Gears ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, The Hi-Tech Gears's ROA % distribution charts can be found below:
* The bar in red indicates where The Hi-Tech Gears'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.
The Hi-Tech Gears (BOM:522073) has a ROA % of 3.87% 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 The Hi-Tech Gears and its competitors. This is near median its historical median of 3.68. According to the industry distribution chart, The Hi-Tech Gears ranks #714 out of 1333 companies in the Vehicles & Parts industry, placing it in the top 53.6%.
Is The Hi-Tech Gears' ROA % too high?
The Hi-Tech Gears' current ROA % of 3.87% is near median its 10-year median of 3.68. The Vehicles & Parts industry median ROA % is 2.95. The Hi-Tech Gears' value of 3.87% is 31.2% above this industry median. Based on the distribution chart, The Hi-Tech Gears ranks #714 out of 1333 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, The Hi-Tech Gears has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Hi-Tech Gears' ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, The Hi-Tech Gears ranks #714 out of 1333 companies for ROA %. This places The Hi-Tech Gears in the lower half of its industry. The industry median ROA % is 2.95. The Hi-Tech Gears' value of 3.87% is 31.2% above this benchmark. While the company's 10-year median is 3.68 vs. the industry median of 2.95, The Hi-Tech Gears has consistently been above the industry average. 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. The Hi-Tech Gears's current ROA % of 3.87% is 31.2% 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 The Hi-Tech Gears 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. The Hi-Tech Gears's current ROA % is 3.87%, which is near median its own 10-year median of 3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hi-Tech Gears stock overvalued right now?
Based on GuruFocus' analysis, The Hi-Tech Gears (BOM:522073) is currently considered Fairly Valued. The stock's GF Value™ is ₹642.89, compared to a current price of ₹650.00 — trading 1.1% above its estimated fair value. The current ROA % is 3.87%, which is near median its 10-year median of 3.68 and 31.2% above the Vehicles & Parts industry median of 2.95. The Hi-Tech Gears' overall GF Score™ is 65/100 with 3 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 The Hi-Tech Gears (BOM:522073), the current ROA % is 3.87% 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 The Hi-Tech Gears (BOM:522073) Overvalued in 2026?
Based on GuruFocus' analysis, The Hi-Tech Gears stock appears to be overvalued.
The current stock price of ₹650.00 is trading 1.1% above its estimated GF Value™ of ₹642.89.
GuruFocus considers The Hi-Tech Gears to be Fairly Valued.
Key valuation signals for BOM:522073:
ROA %: 3.87% (near median its 10-year median of 3.68)
GF Value™: ₹642.89 vs. price of ₹650.00 (1.1% above fair value)
Industry Position: 31.2% above the Vehicles & Parts median (#714 of 1333)
No single metric tells the full story. See the BOM:522073 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Hi-Tech Gears Ltd is a manufacturer of auto components. The company is engaged in the business of gears and transmission components. It provides diverse parts and accessories for motor vehicles such as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalyzers, clutches, steering wheels, steering columns, and steering boxes. The company's product includes power takeoff, car transmission, and driveline components, precision forging or precision machining, and machined sintered components. Geographically, it derives a majority of revenue from India and also has its presence in America and Other countries.
65GF Score
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