ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Waaree Renewable Technologies's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹6,230 Mil.
Waaree Renewable Technologies's average Total Assets over the quarter that ended in Mar. 2026 was ₹23,738 Mil. Therefore, Waaree Renewable Technologies's annualized ROA % for the quarter that ended in Mar. 2026 was 26.24%.
The historical rank and industry rank for Waaree Renewable Technologies's ROA % or its related term are showing as below:
BOM:534618'
s ROA % Range Over the Past 10 Years
Min: -3.46 Med: 2.68 Max: 29.15
Current: 29.04
During the past 13 years, Waaree Renewable Technologies's highest ROA % was 29.15%. The lowest was -3.46%. And the median was 2.68%.
BOM:534618's ROA % is ranked better than 99.44% of 1777
companies
in the Construction industry
Industry Median: 2.8
vs BOM:534618: 29.04
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.
Waaree Renewable Technologies ROA % Related Terms
Waaree Renewable Technologies 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 Engineering & Construction subindustry, Waaree Renewable Technologies'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.
Waaree Renewable Technologies ROA % vs Construction Industry
For the Construction industry and Industrials sector, Waaree Renewable Technologies's ROA % distribution charts can be found below:
* The bar in red indicates where Waaree Renewable Technologies'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.
Waaree Renewable Technologies (BOM:534618) has a ROA % of 26.24% 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 Waaree Renewable Technologies and its competitors. This is 879% above median its historical median of 2.68. According to the industry distribution chart, Waaree Renewable Technologies ranks #10 out of 1777 companies in the Construction industry, placing it in the top 0.59999999999999%.
Is Waaree Renewable Technologies' ROA % too high?
Waaree Renewable Technologies' current ROA % of 26.24% is 879% above median its 10-year median of 2.68. The Construction industry median ROA % is 2.80. Waaree Renewable Technologies' value of 26.24% is 837.1% above this industry median. Based on the distribution chart, Waaree Renewable Technologies ranks #10 out of 1777 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Waaree Renewable Technologies has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Waaree Renewable Technologies' ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, Waaree Renewable Technologies ranks #10 out of 1777 companies for ROA %. This places Waaree Renewable Technologies in the top 1% of its industry — outperforming the majority of peers. The industry median ROA % is 2.80. Waaree Renewable Technologies' value of 26.24% is 837.1% above this benchmark. While the company's 10-year median is 2.68 vs. the industry median of 2.80, Waaree Renewable Technologies 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 Construction company?
The median ROA % among Construction companies is 2.80, based on 1,777 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. Waaree Renewable Technologies's current ROA % of 26.24% is 837.1% 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 Waaree Renewable Technologies and its competitors. For the Construction industry, the median ROA % is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waaree Renewable Technologies's current ROA % is 26.24%, which is 879% above median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waaree Renewable Technologies stock overvalued right now?
Based on GuruFocus' analysis, Waaree Renewable Technologies (BOM:534618) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,396.34, compared to a current price of ₹1,004.55 — trading 58.1% below its estimated fair value. The current ROA % is 26.24%, which is 879% above median its 10-year median of 2.68 and 837.1% above the Construction industry median of 2.80. Waaree Renewable Technologies' overall GF Score™ is 82/100 with 3 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 Waaree Renewable Technologies (BOM:534618), the current ROA % is 26.24% 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 Waaree Renewable Technologies (BOM:534618) Overvalued in 2026?
Based on GuruFocus' analysis, Waaree Renewable Technologies stock appears to be undervalued.
The current stock price of ₹1,004.55 is trading 58.1% below its estimated GF Value™ of ₹2,396.34.
GuruFocus considers Waaree Renewable Technologies to be Possible Value Trap.
Key valuation signals for BOM:534618:
ROA %: 26.24% (879% above median its 10-year median of 2.68)
GF Value™: ₹2,396.34 vs. price of ₹1,004.55 (58.1% below fair value)
Industry Position: 837.1% above the Construction median (#10 of 1777)
No single metric tells the full story. See the BOM:534618 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Waaree Renewable Technologies Business Description
Waaree Renewable Technologies Ltd is engaged in the business of generation of power and providing consultancy services. It offers sustainable partnerships by providing renewable energy solutions to industrial, institutional, and commercial sectors and improves their profitability through the long-term renewable power supply. It generates maximum revenue from the EPC Contracts. Its projects include Ground Mounted, Rooftop Solar and Floating Solar.
82GF Score
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