National Aluminium Co (BOM:532234) ROA %: 30.19% (As of Jun. 2026) — 202% Above Median

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BOM:532234 National Aluminium Co Ltd BOM:532234
80 GF Score
Price ₹384.00
GF Value ₹266.73
Valuation Significantly Overvalued
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What is National Aluminium Co ROA %?

National Aluminium Co BOM:532234 -1.03% 80 ROA % is 30.19% as of Jun. 2026, which is 202% above its 10-year median of 10.01. GuruFocus rates BOM:532234 with a GF Score™ of 80/100 and a GF Value™ of ₹266.73 (Significantly Overvalued). Among 2,667 Metals & Mining companies, National Aluminium Co ranks better than 96.03% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. National Aluminium Co's annualized Net Income for the quarter that ended in Jun. 2026 was ₹80,126 Mil. National Aluminium Co's average Total Assets over the quarter that ended in Jun. 2026 was ₹265,444 Mil. Therefore, National Aluminium Co's annualized ROA % for the quarter that ended in Jun. 2026 was 30.19%.

The historical rank and industry rank for National Aluminium Co's ROA % or its related term are showing as below:

BOM:532234' s ROA % Range Over the Past 10 Years
Min: 0.92   Med: 10.01   Max: 27.21
Current: 27.21

During the past 13 years, National Aluminium Co's highest ROA % was 27.21%. The lowest was 0.92%. And the median was 10.01%.

BOM:532234's ROA % is ranked better than
96.03% of 2667 companies
in the Metals & Mining industry
Industry Median: -16.54 vs BOM:532234: 27.21

National Aluminium Co  (BOM:532234) 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 bank’s 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:

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=80125.6/265444
=(Net Income / Revenue)*(Revenue / Total Assets)
=(80125.6 / 212095.2)*(212095.2 / 265444)
=Net Margin %*Asset Turnover
=37.78 %*0.799
=30.19 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


National Aluminium Co ROA % Related Terms


National Aluminium Co ROA % Historical Data

* Premium members only.

The historical data trend for National Aluminium Co'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.

National Aluminium Co ROA % Chart

National Aluminium Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.33 8.17 10.79 25.02 23.46

National Aluminium Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.35 22.87 25.52 25.96 30.19

BOM:532234 vs AA: ROA % Comparison

For the Aluminum subindustry, National Aluminium Co'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.


National Aluminium Co ROA % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, National Aluminium Co's ROA % distribution charts can be found below:

* The bar in red indicates where National Aluminium Co's ROA % falls into.


BOM:532234
80GF Score
National Aluminium Co Ltd BOM:532234
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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National Aluminium Co ROA % Calculation

National Aluminium Co's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=57970.1/( (228821.6+265444)/ 2 )
=57970.1/247132.8
=23.46 %

National Aluminium Co's annualized ROA % for the quarter that ended in Jun. 2026 is calculated as:

ROA %=Net Income (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=80125.6/( (265444+0)/ 1 )
=80125.6/265444
=30.19 %

* 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 (Jun. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 30.19% mean?
National Aluminium Co (BOM:532234) has a ROA % of 30.19% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on National Aluminium Co and its competitors. This is 202% above median its historical median of 10.01. Over the past decade, National Aluminium Co's ROA % has ranged from 0.92 to 27.21. According to the industry distribution chart, National Aluminium Co ranks #106 out of 2667 companies in the Metals & Mining industry, placing it in the top 4%.
Is National Aluminium Co's ROA % too high?
National Aluminium Co's current ROA % of 30.19% is 202% above median its 10-year median of 10.01. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 27.21. Based on the distribution chart, National Aluminium Co ranks #106 out of 2667 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, National Aluminium Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Aluminium Co's ROA % compare to AA?
According to the Metals & Mining industry distribution chart, National Aluminium Co ranks #106 out of 2667 companies for ROA %. This places National Aluminium Co in the top 4% of its industry — outperforming the majority of peers. Historically, National Aluminium Co's own ROA % has ranged from 0.92 to 27.21 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 Metals & Mining company?
A good ROA % depends on the Metals & Mining industry context. 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 National Aluminium Co and its competitors. National Aluminium Co's current ROA % is 30.19%, which is 202% above median its own 10-year median of 10.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Aluminium Co stock overvalued right now?
Based on GuruFocus' analysis, National Aluminium Co (BOM:532234) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹266.73, compared to a current price of ₹384.00 — trading 44% above its estimated fair value. The current ROA % is 30.19%, which is 202% above median its 10-year median of 10.01. National Aluminium Co's overall GF Score™ is 80/100. 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 National Aluminium Co (BOM:532234), the current ROA % is 30.19% as of Jun. 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 National Aluminium Co (BOM:532234) Overvalued in 2026?

Based on GuruFocus' analysis, National Aluminium Co stock appears to be overvalued. The current stock price of ₹384.00 is trading 44% above its estimated GF Value™ of ₹266.73. GuruFocus considers National Aluminium Co to be Significantly Overvalued.

Key valuation signals for BOM:532234:

  • ROA %: 30.19% (202% above median its 10-year median of 10.01)
  • GF Value™: ₹266.73 vs. price of ₹384.00 (44% above fair value)
  • GF Score™: 80/100

No single metric tells the full story. See the BOM:532234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Aluminium Co Business Description

Other Exchanges NATIONALUM:India
Address Nalco Bhawan, Plot No. P/1, Nayapalli, Bhubaneswar, OR, IND, 751013
National Aluminium Co Ltd mines, produces and sells aluminum and alumina-based products in two segments: Aluminium and Chemicals. The company controls all stages of the aluminum process. The firm mines bauxite and refines it into alumina, then smelts maximum of the alumina into aluminum. The aluminum segment, which generates the majority of revenue, sells aluminum-based products. The chemicals segment sells calcinated alumina and alumina hydrate. The firm also owns and operates multiple power plants throughout India. The company derives maximum revenue from Aluminum segment.
80GF Score

Get the complete analysis for BOM:532234

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹384.00
Price
₹266.73
GF Value