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.
Elegant Marbles & Grani Industries ROA % Related Terms
Elegant Marbles & Grani Industries ROA % Historical 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.
For the Building Products & Equipment subindustry, Elegant Marbles & Grani 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.
Elegant Marbles & Grani Industries ROA % vs Construction Industry
For the Construction industry and Industrials sector, Elegant Marbles & Grani Industries's ROA % distribution charts can be found below:
* The bar in red indicates where Elegant Marbles & Grani 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.
Elegant Marbles & Grani Industries (BOM:526705) has a ROA % of 0.59% 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 Elegant Marbles & Grani Industries and its competitors. This is 80% below median its historical median of 3.01. According to the industry distribution chart, Elegant Marbles & Grani Industries ranks #950 out of 1782 companies in the Construction industry, placing it in the top 53.3%.
Is Elegant Marbles & Grani Industries' ROA % too high?
Elegant Marbles & Grani Industries' current ROA % of 0.59% is 80% below median its 10-year median of 3.01. The Construction industry median ROA % is 2.79. Elegant Marbles & Grani Industries' value of 0.59% is 78.9% below this industry median. Based on the distribution chart, Elegant Marbles & Grani Industries ranks #950 out of 1782 companies in the Construction industry, which is below the industry midpoint. Overall, Elegant Marbles & Grani Industries has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elegant Marbles & Grani Industries' ROA % compare to TT and JCI?
According to the Construction industry distribution chart, Elegant Marbles & Grani Industries ranks #950 out of 1782 companies for ROA %. This places Elegant Marbles & Grani Industries in the lower half of its industry. The industry median ROA % is 2.79. Elegant Marbles & Grani Industries' value of 0.59% is 78.9% below this benchmark. While the company's 10-year median is 3.01 vs. the industry median of 2.79, Elegant Marbles & Grani Industries has consistently been below 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 Construction company?
The median ROA % among Construction companies is 2.79, based on 1,782 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. Elegant Marbles & Grani Industries's current ROA % of 0.59% is 78.9% below 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 Elegant Marbles & Grani Industries and its competitors. For the Construction industry, the median ROA % is 2.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elegant Marbles & Grani Industries's current ROA % is 0.59%, which is 80% below median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elegant Marbles & Grani Industries stock overvalued right now?
Based on GuruFocus' analysis, Elegant Marbles & Grani Industries (BOM:526705) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹291.33, compared to a current price of ₹183.35 — trading 37.1% below its estimated fair value. The current ROA % is 0.59%, which is 80% below median its 10-year median of 3.01 and 78.9% below the Construction industry median of 2.79. Elegant Marbles & Grani Industries' overall GF Score™ is 71/100 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 Elegant Marbles & Grani Industries (BOM:526705), the current ROA % is 0.59% 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 Elegant Marbles & Grani Industries (BOM:526705) Overvalued in 2026?
Based on GuruFocus' analysis, Elegant Marbles & Grani Industries stock appears to be undervalued.
The current stock price of ₹183.35 is trading 37.1% below its estimated GF Value™ of ₹291.33.
GuruFocus considers Elegant Marbles & Grani Industries to be Significantly Undervalued.
Key valuation signals for BOM:526705:
ROA %: 0.59% (80% below median its 10-year median of 3.01)
GF Value™: ₹291.33 vs. price of ₹183.35 (37.1% below fair value)
Industry Position: 78.9% below the Construction median (#950 of 1782)
No single metric tells the full story. See the BOM:526705 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elegant Marbles & Grani Industries Business Description
Elegant Marbles & Grani Industries Ltd is a manufacturer, exporter, and importer of Indian and imported granites and marbles. The company manufactures and deals only in Marbles and Granites and allied products. The company's offerings includes Marbles and Stones, Onyx and Crystal Onyx, Designer Tiles, Mosaics, Marbles, Gemstones, Travertine, Granite and others.
71GF Score
Get the complete analysis for BOM:526705
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:526705 has been successfully added to your 
