ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ashish Polyplast's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹-13.6 Mil.
Ashish Polyplast's average Total Assets over the quarter that ended in Mar. 2026 was ₹95.4 Mil. Therefore, Ashish Polyplast's annualized ROA % for the quarter that ended in Mar. 2026 was -14.28%.
The historical rank and industry rank for Ashish Polyplast's ROA % or its related term are showing as below:
BOM:530429'
s ROA % Range Over the Past 10 Years
Min: 1.48 Med: 2.68 Max: 10.39
Current: 1.51
During the past 13 years, Ashish Polyplast's highest ROA % was 10.39%. The lowest was 1.48%. And the median was 2.68%.
BOM:530429's ROA % is ranked worse than 61.78% of 1609
companies
in the Chemicals industry
Industry Median: 2.91
vs BOM:530429: 1.51
Ashish Polyplast (BOM:530429) 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.
Ashish Polyplast ROA % Related Terms
Ashish Polyplast ROA % Historical Data
* Premium members only.
The historical data trend for Ashish Polyplast'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 Specialty Chemicals subindustry, Ashish Polyplast'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.
Ashish Polyplast ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ashish Polyplast's ROA % distribution charts can be found below:
* The bar in red indicates where Ashish Polyplast'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.
Ashish Polyplast (BOM:530429) has a ROA % of -14.28% 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 Ashish Polyplast and its competitors. Over the past decade, Ashish Polyplast's ROA % has ranged from 1.48 to 10.39. According to the industry distribution chart, Ashish Polyplast ranks #994 out of 1609 companies in the Chemicals industry, placing it in the top 61.8%.
Is Ashish Polyplast's ROA % too high?
Ashish Polyplast's current ROA % is -14.28%. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 10.39. Based on the distribution chart, Ashish Polyplast ranks #994 out of 1609 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ashish Polyplast has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashish Polyplast's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ashish Polyplast ranks #994 out of 1609 companies for ROA %. This places Ashish Polyplast in the lower half of its industry. The industry median ROA % is 2.91. Historically, Ashish Polyplast's own ROA % has ranged from 1.48 to 10.39 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 Chemicals company?
The median ROA % among Chemicals companies is 2.91, based on 1,609 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 Ashish Polyplast and its competitors. For the Chemicals industry, the median ROA % is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashish Polyplast's current ROA % is -14.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashish Polyplast stock overvalued right now?
Based on GuruFocus' analysis, Ashish Polyplast (BOM:530429) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹33.62, compared to a current price of ₹28.38 — trading 15.6% below its estimated fair value. The current ROA % is -14.28%. Ashish Polyplast's overall GF Score™ is 55/100 with 2 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 Ashish Polyplast (BOM:530429), the current ROA % is -14.28% 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 Ashish Polyplast (BOM:530429) Overvalued in 2026?
Based on GuruFocus' analysis, Ashish Polyplast stock appears to be undervalued.
The current stock price of ₹28.38 is trading 15.6% below its estimated GF Value™ of ₹33.62.
GuruFocus considers Ashish Polyplast to be Modestly Undervalued.
Key valuation signals for BOM:530429:
ROA %: -14.28%
GF Value™: ₹33.62 vs. price of ₹28.38 (15.6% below fair value)
No single metric tells the full story. See the BOM:530429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashish Polyplast Ltd is an India-based company principally engaged in the manufacturing of polyvinyl chloride (PVC) pipes. It manufactures and exports braided hoses and flexible PVC hoses. The Company has only one segment, which is PVC Pipes and majorly operates in the domestic market. The company's product portfolio includes Braided hose, Flexible duct hose, Flexible heavy-duty suction and delivery hose, and other related products.
55GF Score
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