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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Max Earth Resources's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹26.5 Mil.
Max Earth Resources's average Total Assets over the quarter that ended in Mar. 2026 was ₹121.2 Mil. Therefore, Max Earth Resources's annualized ROA % for the quarter that ended in Mar. 2026 was 21.82%.
The historical rank and industry rank for Max Earth Resources's ROA % or its related term are showing as below:
BOM:534563'
s ROA % Range Over the Past 10 Years
Min: -151.03 Med: 0.09 Max: 83.98
Current: 59.32
During the past 13 years, Max Earth Resources's highest ROA % was 83.98%. The lowest was -151.03%. And the median was 0.09%.
BOM:534563's ROA % is not ranked
in the Building Materials industry.
Industry Median: 2.24
vs BOM:534563: 59.32
Max Earth Resources (BOM:534563) 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 two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
Max Earth Resources ROA % Related Terms
Max Earth Resources ROA % Historical Data
* Premium members only.
The historical data trend for Max Earth Resources'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 Building Materials subindustry, Max Earth Resources'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.
Max Earth Resources ROA % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Max Earth Resources's ROA % distribution charts can be found below:
* The bar in red indicates where Max Earth Resources'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 two times the semi-annual (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Max Earth Resources (BOM:534563) has a ROA % of 21.82% 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 Max Earth Resources and its competitors. This is 24144% above median its historical median of 0.09.
Is Max Earth Resources' ROA % too high?
Max Earth Resources' current ROA % of 21.82% is 24144% above median its 10-year median of 0.09. The Building Materials industry median ROA % is 2.24. Max Earth Resources' value of 21.82% is 874.1% above this industry median. Overall, Max Earth Resources has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Max Earth Resources' ROA % compare to CRH and VMC?
Max Earth Resources' ROA % of 21.82% can be compared against companies in the Building Materials industry. The industry median ROA % is 2.24. Max Earth Resources' value of 21.82% is 874.1% above this benchmark. While the company's 10-year median is 0.09 vs. the industry median of 2.24, Max Earth Resources 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 Building Materials company?
The median ROA % among Building Materials companies is 2.24, based on 411 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. Max Earth Resources's current ROA % of 21.82% is 874.1% 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 Max Earth Resources and its competitors. For the Building Materials industry, the median ROA % is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Max Earth Resources's current ROA % is 21.82%, which is 24144% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Earth Resources stock overvalued right now?
Max Earth Resources (BOM:534563) has a current ROA % of 21.82%. The stock's GF Value™ is ₹26.95, compared to a current price of ₹44.50 — trading 65.1% above its estimated fair value. The current ROA % is 21.82%, which is 24144% above median its 10-year median of 0.09 and 874.1% above the Building Materials industry median of 2.24. Max Earth Resources' overall GF Score™ is 6/100 with 4 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 Max Earth Resources (BOM:534563), the current ROA % is 21.82% 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 Max Earth Resources (BOM:534563) Overvalued in 2026?
Based on GuruFocus' analysis, Max Earth Resources stock appears to be overvalued.
The current stock price of ₹44.50 is trading 65.1% above its estimated GF Value™ of ₹26.95.
Key valuation signals for BOM:534563:
ROA %: 21.82% (24144% above median its 10-year median of 0.09)
GF Value™: ₹26.95 vs. price of ₹44.50 (65.1% above fair value)
Industry Position: 874.1% above the Building Materials median
No single metric tells the full story. See the BOM:534563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Max Earth Resources Ltd is a dynamic company specializing in stone crushing, mining, and turnkey solutions for the telecommunications sector. It has operations across Jharkhand, Maharashtra, Odisha, and Kerala.
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