Jet SolarBOM:538794 -0.37%64 ROA % is 0.14% as of Mar. 2026, which is 79% below its 10-year median of 0.68. GuruFocus rates BOM:538794 with a GF Score™ of 64/100 and a GF Value™ of ₹9.74 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,799 Real Estate companies, Jet Solar ranks worse than 65.98% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Jet Solar's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹0.32 Mil.
Jet Solar's average Total Assets over the quarter that ended in Mar. 2026 was ₹221.95 Mil. Therefore, Jet Solar's annualized ROA % for the quarter that ended in Mar. 2026 was 0.14%.
The historical rank and industry rank for Jet Solar's ROA % or its related term are showing as below:
BOM:538794'
s ROA % Range Over the Past 10 Years
Min: -4.85 Med: 0.68 Max: 1.22
Current: 0.16
During the past 13 years, Jet Solar's highest ROA % was 1.22%. The lowest was -4.85%. And the median was 0.68%.
BOM:538794's ROA % is ranked worse than 65.98% of 1799
companies
in the Real Estate industry
Industry Median: 1.7
vs BOM:538794: 0.16
Jet Solar (BOM:538794) 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.
Jet Solar ROA % Related Terms
Jet Solar ROA % Historical Data
* Premium members only.
The historical data trend for Jet Solar'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 Real Estate - Development subindustry, Jet Solar'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.
Jet Solar ROA % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Jet Solar's ROA % distribution charts can be found below:
* The bar in red indicates where Jet Solar'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.
Jet Solar (BOM:538794) has a ROA % of 0.14% 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 Jet Solar and its competitors. This is 79% below median its historical median of 0.68. According to the industry distribution chart, Jet Solar ranks #1187 out of 1799 companies in the Real Estate industry, placing it in the top 66%.
Is Jet Solar's ROA % too high?
Jet Solar's current ROA % of 0.14% is 79% below median its 10-year median of 0.68. The Real Estate industry median ROA % is 1.70. Jet Solar's value of 0.14% is 91.8% below this industry median. Based on the distribution chart, Jet Solar ranks #1187 out of 1799 companies in the Real Estate industry, which is below the industry midpoint. Overall, Jet Solar has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jet Solar's ROA % compare to competitors?
According to the Real Estate industry distribution chart, Jet Solar ranks #1187 out of 1799 companies for ROA %. This places Jet Solar in the lower half of its industry. The industry median ROA % is 1.70. Jet Solar's value of 0.14% is 91.8% below this benchmark. While the company's 10-year median is 0.68 vs. the industry median of 1.70, Jet Solar has consistently been below 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 Real Estate company?
The median ROA % among Real Estate companies is 1.70, based on 1,799 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. Jet Solar's current ROA % of 0.14% is 91.8% below 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 Jet Solar and its competitors. For the Real Estate industry, the median ROA % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jet Solar's current ROA % is 0.14%, which is 79% below median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jet Solar stock overvalued right now?
Based on GuruFocus' analysis, Jet Solar (BOM:538794) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹9.74, compared to a current price of ₹8.00 — trading 17.9% below its estimated fair value. The current ROA % is 0.14%, which is 79% below median its 10-year median of 0.68 and 91.8% below the Real Estate industry median of 1.70. Jet Solar's overall GF Score™ is 64/100 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 Jet Solar (BOM:538794), the current ROA % is 0.14% 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 Jet Solar (BOM:538794) Overvalued in 2026?
Based on GuruFocus' analysis, Jet Solar stock appears to be undervalued.
The current stock price of ₹8.00 is trading 17.9% below its estimated GF Value™ of ₹9.74.
GuruFocus considers Jet Solar to be Modestly Undervalued.
Key valuation signals for BOM:538794:
ROA %: 0.14% (79% below median its 10-year median of 0.68)
GF Value™: ₹9.74 vs. price of ₹8.00 (17.9% below fair value)
Industry Position: 91.8% below the Real Estate median (#1187 of 1799)
No single metric tells the full story. See the BOM:538794 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jet Solar Ltd focuses on residential projects in the States of Maharashtra and Gujarat by developing projects featuring apt model of execution. The company develops projects on affordable pricing to its prospective customers, without compromising on quality construction. It constructs properties for residential and commercial purposes.
64GF Score
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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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