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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Confidence Futuristic Energetech's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹255 Mil.
Confidence Futuristic Energetech's average Total Assets over the quarter that ended in Mar. 2026 was ₹4,057 Mil. Therefore, Confidence Futuristic Energetech's annualized ROA % for the quarter that ended in Mar. 2026 was 6.29%.
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.
Confidence Futuristic Energetech ROA % Related Terms
Confidence Futuristic Energetech 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 Utilities - Regulated Gas subindustry, Confidence Futuristic Energetech'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.
Confidence Futuristic Energetech ROA % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Confidence Futuristic Energetech's ROA % distribution charts can be found below:
* The bar in red indicates where Confidence Futuristic Energetech'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.
Confidence Futuristic Energetech (BOM:539991) has a ROA % of 6.29% 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 Confidence Futuristic Energetech and its competitors. This is 477% above median its historical median of 1.09. Over the past decade, Confidence Futuristic Energetech's ROA % has ranged from 0.01 to 3.29. According to the industry distribution chart, Confidence Futuristic Energetech ranks #355 out of 508 companies in the Utilities - Regulated industry, placing it in the top 69.9%.
Is Confidence Futuristic Energetech's ROA % too high?
Confidence Futuristic Energetech's current ROA % of 6.29% is 477% above median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 3.29. The Utilities - Regulated industry median ROA % is 3.09. Confidence Futuristic Energetech's value of 6.29% is 103.6% above this industry median. Based on the distribution chart, Confidence Futuristic Energetech ranks #355 out of 508 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Confidence Futuristic Energetech has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Confidence Futuristic Energetech's ROA % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Confidence Futuristic Energetech ranks #355 out of 508 companies for ROA %. This places Confidence Futuristic Energetech in the lower half of its industry. The industry median ROA % is 3.09. Confidence Futuristic Energetech's value of 6.29% is 103.6% above this benchmark. Historically, Confidence Futuristic Energetech's own ROA % has ranged from 0.01 to 3.29 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 3.09, Confidence Futuristic Energetech 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 an Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.09, based on 508 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. Confidence Futuristic Energetech's current ROA % of 6.29% is 103.6% 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 Confidence Futuristic Energetech and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Confidence Futuristic Energetech's current ROA % is 6.29%, which is 477% above median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Confidence Futuristic Energetech stock overvalued right now?
Based on GuruFocus' analysis, Confidence Futuristic Energetech (BOM:539991) is currently considered Possible Value Trap. The stock's GF Value™ is ₹57.26, compared to a current price of ₹34.05 — trading 40.5% below its estimated fair value. The current ROA % is 6.29%, which is 477% above median its 10-year median of 1.09 and 103.6% above the Utilities - Regulated industry median of 3.09. Confidence Futuristic Energetech's overall GF Score™ is 66/100 with 9 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 Confidence Futuristic Energetech (BOM:539991), the current ROA % is 6.29% 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 Confidence Futuristic Energetech (BOM:539991) Overvalued in 2026?
Based on GuruFocus' analysis, Confidence Futuristic Energetech stock appears to be undervalued.
The current stock price of ₹34.05 is trading 40.5% below its estimated GF Value™ of ₹57.26.
GuruFocus considers Confidence Futuristic Energetech to be Possible Value Trap.
Key valuation signals for BOM:539991:
ROA %: 6.29% (477% above median its 10-year median of 1.09)
GF Value™: ₹57.26 vs. price of ₹34.05 (40.5% below fair value)
Industry Position: 103.6% above the Utilities - Regulated median (#355 of 508)
No single metric tells the full story. See the BOM:539991 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Confidence Futuristic Energetech Ltd, along with its subsidiary entities, is actively engaged in the manufacturing and supply of high-pressure CNG cylinders, LPG cylinders, CNG cascades, medical oxygen cylinders, and seamless steel gas cylinders for industrial gases. It offers a wide range of onboard CNG cylinder sizes at competitive prices, making CNG a more affordable and accessible option for consumers transitioning to cleaner fuel alternatives. The company is involved in the Parallel LPG Market by the name of Pack Cylinder Division with GO GAS ELITE as its brand, and is into selling LPG to both domestic and commercial users at competitive rates. Its operating segments are: Cylinder Division, which generates the maximum revenue, and LPG Division.
66GF Score
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