Dixon Technologies (India) (BOM:540699) ROA %: 13.85% (As of Jun. 2026) — 98% Above Median

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BOM:540699 Dixon Technologies (India) Ltd BOM:540699
93 GF Score
Price ₹14,050.00
GF Value ₹23,561.51
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Dixon Technologies (India) ROA %?

Dixon Technologies (India) BOM:540699 -0.63% 93 ROA % is 13.85% as of Jun. 2026, which is 98% above its 10-year median of 6.99. GuruFocus rates BOM:540699 with a GF Score™ of 93/100 and a GF Value™ of ₹23,561.51 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,502 Hardware companies, Dixon Technologies (India) ranks better than 87.57% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Dixon Technologies (India)'s annualized Net Income for the quarter that ended in Jun. 2026 was ₹26,537 Mil. Dixon Technologies (India)'s average Total Assets over the quarter that ended in Jun. 2026 was ₹191,616 Mil. Therefore, Dixon Technologies (India)'s annualized ROA % for the quarter that ended in Jun. 2026 was 13.85%.

The historical rank and industry rank for Dixon Technologies (India)'s ROA % or its related term are showing as below:

BOM:540699' s ROA % Range Over the Past 10 Years
Min: 5.16   Med: 6.99   Max: 10.13
Current: 10.13

During the past 12 years, Dixon Technologies (India)'s highest ROA % was 10.13%. The lowest was 5.16%. And the median was 6.99%.

BOM:540699's ROA % is ranked better than
87.57% of 2502 companies
in the Hardware industry
Industry Median: 2.295 vs BOM:540699: 10.13

Dixon Technologies (India)  (BOM:540699) 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
=26536.8/191616.4
=(Net Income / Revenue)*(Revenue / Total Assets)
=(26536.8 / 621906.4)*(621906.4 / 191616.4)
=Net Margin %*Asset Turnover
=4.27 %*3.2456
=13.85 %

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.


Dixon Technologies (India) ROA % Related Terms


Dixon Technologies (India) ROA % Historical Data

* Premium members only.

The historical data trend for Dixon Technologies (India)'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.

Dixon Technologies (India) ROA % Chart

Dixon Technologies (India) 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 5.34 5.71 6.30 9.22 8.01

Dixon Technologies (India) 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 5.37 13.64 5.85 5.35 13.85

BOM:540699 vs AAPL: ROA % Comparison

For the Consumer Electronics subindustry, Dixon Technologies (India)'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.


Dixon Technologies (India) ROA % vs Hardware Industry

For the Hardware industry and Technology sector, Dixon Technologies (India)'s ROA % distribution charts can be found below:

* The bar in red indicates where Dixon Technologies (India)'s ROA % falls into.


BOM:540699
93GF Score
Dixon Technologies (India) Ltd BOM:540699
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dixon Technologies (India) ROA % Calculation

Dixon Technologies (India)'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 )
=14386.4/( (167668.7+191616.4)/ 2 )
=14386.4/179642.55
=8.01 %

Dixon Technologies (India)'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 )
=26536.8/( (191616.4+0)/ 1 )
=26536.8/191616.4
=13.85 %

* 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 13.85% mean?
Dixon Technologies (India) (BOM:540699) has a ROA % of 13.85% 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 Dixon Technologies (India) and its competitors. This is 98% above median its historical median of 6.99. Over the past decade, Dixon Technologies (India)'s ROA % has ranged from 5.16 to 10.13. According to the industry distribution chart, Dixon Technologies (India) ranks #311 out of 2502 companies in the Hardware industry, placing it in the top 12.4%.
Is Dixon Technologies (India)'s ROA % too high?
Dixon Technologies (India)'s current ROA % of 13.85% is 98% above median its 10-year median of 6.99. Over the past 10 years, this metric has ranged from a low of 5.16 to a high of 10.13. The Hardware industry median ROA % is 2.30. Dixon Technologies (India)'s value of 13.85% is 503.5% above this industry median. Based on the distribution chart, Dixon Technologies (India) ranks #311 out of 2502 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Dixon Technologies (India) has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dixon Technologies (India)'s ROA % compare to AAPL?
According to the Hardware industry distribution chart, Dixon Technologies (India) ranks #311 out of 2502 companies for ROA %. This places Dixon Technologies (India) in the top 12% of its industry — outperforming the majority of peers. The industry median ROA % is 2.30. Dixon Technologies (India)'s value of 13.85% is 503.5% above this benchmark. Historically, Dixon Technologies (India)'s own ROA % has ranged from 5.16 to 10.13 over the past decade. While the company's 10-year median is 6.99 vs. the industry median of 2.30, Dixon Technologies (India) 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 Hardware company?
The median ROA % among Hardware companies is 2.30, based on 2,502 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. Dixon Technologies (India)'s current ROA % of 13.85% is 503.5% 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 Dixon Technologies (India) and its competitors. For the Hardware industry, the median ROA % is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dixon Technologies (India)'s current ROA % is 13.85%, which is 98% above median its own 10-year median of 6.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dixon Technologies (India) stock overvalued right now?
Based on GuruFocus' analysis, Dixon Technologies (India) (BOM:540699) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹23,561.51, compared to a current price of ₹14,050.00 — trading 40.4% below its estimated fair value. The current ROA % is 13.85%, which is 98% above median its 10-year median of 6.99 and 503.5% above the Hardware industry median of 2.30. Dixon Technologies (India)'s overall GF Score™ is 93/100 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 Dixon Technologies (India) (BOM:540699), the current ROA % is 13.85% 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 Dixon Technologies (India) (BOM:540699) Overvalued in 2026?

Based on GuruFocus' analysis, Dixon Technologies (India) stock appears to be undervalued. The current stock price of ₹14,050.00 is trading 40.4% below its estimated GF Value™ of ₹23,561.51. GuruFocus considers Dixon Technologies (India) to be Significantly Undervalued.

Key valuation signals for BOM:540699:

  • ROA %: 13.85% (98% above median its 10-year median of 6.99)
  • GF Value™: ₹23,561.51 vs. price of ₹14,050.00 (40.4% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 503.5% above the Hardware median (#311 of 2502)

No single metric tells the full story. See the BOM:540699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dixon Technologies (India) Business Description

Other Exchanges DIXON:India
Address B-14 and 15, Phase-II, District Gautam Buddha Nagar, Noida, UP, IND, 201 305
Dixon Technologies (India) Ltd provides electronic manufacturing services (EMS) to its customers, serving as an original equipment manufacturer (OEM) as well as an original design manufacturer (ODM) for various brands. It is engaged in the in manufacturing of electronic goods such as consumer durables, home appliances, lighting products and mobile phones. It operates in single operating segment: Electronics Goods. The company engages in domestic sales of goods as well as exports its products outside India, of which a majority of its revenue is generated from the domestic market.
93GF Score

Get the complete analysis for BOM:540699

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

₹14,050.00
Price
₹23,561.51
GF Value