ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Jayaswal NECO Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹7,635 Mil.
Jayaswal NECO Industries's average Total Assets over the quarter that ended in Mar. 2026 was ₹59,701 Mil. Therefore, Jayaswal NECO Industries's annualized ROA % for the quarter that ended in Mar. 2026 was 12.79%.
The historical rank and industry rank for Jayaswal NECO Industries's ROA % or its related term are showing as below:
BOM:522285'
s ROA % Range Over the Past 10 Years
Min: -24.11 Med: -2.32 Max: 36.77
Current: 8.01
During the past 13 years, Jayaswal NECO Industries's highest ROA % was 36.77%. The lowest was -24.11%. And the median was -2.32%.
BOM:522285's ROA % is ranked better than 86.61% of 635
companies
in the Steel industry
Industry Median: 1.88
vs BOM:522285: 8.01
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 Steel subindustry, Jayaswal NECO 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.
Jayaswal NECO Industries ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Jayaswal NECO Industries's ROA % distribution charts can be found below:
* The bar in red indicates where Jayaswal NECO 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.
Jayaswal NECO Industries (BOM:522285) has a ROA % of 12.79% 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 Jayaswal NECO Industries and its competitors. According to the industry distribution chart, Jayaswal NECO Industries ranks #85 out of 635 companies in the Steel industry, placing it in the top 13.4%.
Is Jayaswal NECO Industries' ROA % too high?
Jayaswal NECO Industries' current ROA % is 12.79%. The Steel industry median ROA % is 1.88. Jayaswal NECO Industries' value of 12.79% is 580.3% above this industry median. Based on the distribution chart, Jayaswal NECO Industries ranks #85 out of 635 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Jayaswal NECO Industries has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jayaswal NECO Industries' ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Jayaswal NECO Industries ranks #85 out of 635 companies for ROA %. This places Jayaswal NECO Industries in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 1.88. Jayaswal NECO Industries' value of 12.79% is 580.3% 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 1.88, based on 635 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. Jayaswal NECO Industries's current ROA % of 12.79% is 580.3% 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 Jayaswal NECO Industries and its competitors. For the Steel industry, the median ROA % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jayaswal NECO Industries's current ROA % is 12.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jayaswal NECO Industries stock overvalued right now?
Based on GuruFocus' analysis, Jayaswal NECO Industries (BOM:522285) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹56.38, compared to a current price of ₹84.60 — trading 50.1% above its estimated fair value. The current ROA % is 12.79% and 580.3% above the Steel industry median of 1.88. Jayaswal NECO Industries' overall GF Score™ is 56/100 with 1 warning sign 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 Jayaswal NECO Industries (BOM:522285), the current ROA % is 12.79% 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 Jayaswal NECO Industries (BOM:522285) Overvalued in 2026?
Based on GuruFocus' analysis, Jayaswal NECO Industries stock appears to be overvalued.
The current stock price of ₹84.60 is trading 50.1% above its estimated GF Value™ of ₹56.38.
GuruFocus considers Jayaswal NECO Industries to be Significantly Overvalued.
Key valuation signals for BOM:522285:
ROA %: 12.79%
GF Value™: ₹56.38 vs. price of ₹84.60 (50.1% above fair value)
Industry Position: 580.3% above the Steel median (#85 of 635)
No single metric tells the full story. See the BOM:522285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jayaswal NECO Industries Ltd is engaged in the manufacture and supply of pig iron, sponge iron, pellet, steel, and Iron and steel casting. It specializes in the manufacture and supply of graded steels made in the form of billets, blooms and slabs from virgin metal. The company supplies steel in cast, rolled, wire, annealed, and bright bar forms catering to the demands of various engineering, industrial, construction, automotive, power, and railway industries. Its product-wise operating segments are Steel which derives key revenue, Iron and Steel Castings, and Others. Geographically, the company caters to both Indian and international markets of which, a majority of its revenue is generated from its business in India.
56GF Score
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