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Ashirwad Steels & IndustriesBOM:526847 -0.09%28 ROA % is 2.17% as of Mar. 2026, which is 17% below its 10-year median of 2.60. GuruFocus rates BOM:526847 with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 634 Steel companies, Ashirwad Steels & Industries ranks better than 54.1% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ashirwad Steels & Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹18.46 Mil.
Ashirwad Steels & Industries's average Total Assets over the quarter that ended in Mar. 2026 was ₹851.37 Mil. Therefore, Ashirwad Steels & Industries's annualized ROA % for the quarter that ended in Mar. 2026 was 2.17%.
The historical rank and industry rank for Ashirwad Steels & Industries's ROA % or its related term are showing as below:
BOM:526847'
s ROA % Range Over the Past 10 Years
Min: -6.1 Med: 2.6 Max: 23.99
Current: 2.4
During the past 13 years, Ashirwad Steels & Industries's highest ROA % was 23.99%. The lowest was -6.10%. And the median was 2.60%.
BOM:526847's ROA % is ranked better than 54.1% of 634
companies
in the Steel industry
Industry Median: 2.005
vs BOM:526847: 2.40
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.
Ashirwad Steels & Industries ROA % Related Terms
Ashirwad Steels & 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 Steel subindustry, Ashirwad Steels & 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.
Ashirwad Steels & Industries ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Ashirwad Steels & Industries's ROA % distribution charts can be found below:
* The bar in red indicates where Ashirwad Steels & 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.
Ashirwad Steels & Industries (BOM:526847) has a ROA % of 2.17% 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 Ashirwad Steels & Industries and its competitors. This is 17% below median its historical median of 2.60. According to the industry distribution chart, Ashirwad Steels & Industries ranks #291 out of 634 companies in the Steel industry, placing it in the top 45.9%.
Is Ashirwad Steels & Industries' ROA % too high?
Ashirwad Steels & Industries' current ROA % of 2.17% is 17% below median its 10-year median of 2.60. The Steel industry median ROA % is 2.01. Ashirwad Steels & Industries' value of 2.17% is 8.2% above this industry median. Based on the distribution chart, Ashirwad Steels & Industries ranks #291 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, Ashirwad Steels & Industries has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Ashirwad Steels & Industries' ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Ashirwad Steels & Industries ranks #291 out of 634 companies for ROA %. This puts Ashirwad Steels & Industries in the upper half of its industry. The industry median ROA % is 2.01. Ashirwad Steels & Industries' value of 2.17% is 8.2% above this benchmark. While the company's 10-year median is 2.60 vs. the industry median of 2.01, Ashirwad Steels & Industries 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 Steel company?
The median ROA % among Steel companies is 2.01, based on 634 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. Ashirwad Steels & Industries's current ROA % of 2.17% is 8.2% 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 Ashirwad Steels & Industries and its competitors. For the Steel industry, the median ROA % is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashirwad Steels & Industries's current ROA % is 2.17%, which is 17% below median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashirwad Steels & Industries stock overvalued right now?
Ashirwad Steels & Industries (BOM:526847) has a current ROA % of 2.17%. The current ROA % is 2.17%, which is 17% below median its 10-year median of 2.60 and 8.2% above the Steel industry median of 2.01. Ashirwad Steels & Industries' overall GF Score™ is 28/100 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 Ashirwad Steels & Industries (BOM:526847), the current ROA % is 2.17% 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.
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