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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Novateor Research Laboratories's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹2.34 Mil.
Novateor Research Laboratories's average Total Assets over the quarter that ended in Mar. 2026 was ₹140.60 Mil. Therefore, Novateor Research Laboratories's annualized ROA % for the quarter that ended in Mar. 2026 was 1.66%.
The historical rank and industry rank for Novateor Research Laboratories's ROA % or its related term are showing as below:
BOM:542771'
s ROA % Range Over the Past 10 Years
Min: -2.67 Med: 0.22 Max: 7.1
Current: 0.74
During the past 10 years, Novateor Research Laboratories's highest ROA % was 7.10%. The lowest was -2.67%. And the median was 0.22%.
BOM:542771's ROA % is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 3.32
vs BOM:542771: 0.74
Novateor Research Laboratories (BOM:542771) 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.
Novateor Research Laboratories ROA % Related Terms
Novateor Research Laboratories 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 Household & Personal Products subindustry, Novateor Research Laboratories'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.
Novateor Research Laboratories ROA % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Novateor Research Laboratories's ROA % distribution charts can be found below:
* The bar in red indicates where Novateor Research Laboratories'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.
Novateor Research Laboratories (BOM:542771) has a ROA % of 1.66% 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 Novateor Research Laboratories and its competitors. This is 655% above median its historical median of 0.22.
Is Novateor Research Laboratories' ROA % too high?
Novateor Research Laboratories' current ROA % of 1.66% is 655% above median its 10-year median of 0.22. The Consumer Packaged Goods industry median ROA % is 3.32. Novateor Research Laboratories' value of 1.66% is 50% below this industry median. Overall, Novateor Research Laboratories has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Novateor Research Laboratories' ROA % compare to PG and CL?
Novateor Research Laboratories' ROA % of 1.66% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROA % is 3.32. Novateor Research Laboratories' value of 1.66% is 50% below this benchmark. While the company's 10-year median is 0.22 vs. the industry median of 3.32, Novateor Research Laboratories 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 Consumer Packaged Goods company?
The median ROA % among Consumer Packaged Goods companies is 3.32, based on 1,995 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. Novateor Research Laboratories's current ROA % of 1.66% is 50% 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 Novateor Research Laboratories and its competitors. For the Consumer Packaged Goods industry, the median ROA % is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novateor Research Laboratories's current ROA % is 1.66%, which is 655% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novateor Research Laboratories stock overvalued right now?
Novateor Research Laboratories (BOM:542771) has a current ROA % of 1.66%. The stock's GF Value™ is ₹83.64, compared to a current price of ₹32.85 — trading 60.7% below its estimated fair value. The current ROA % is 1.66%, which is 655% above median its 10-year median of 0.22 and 50% below the Consumer Packaged Goods industry median of 3.32. Novateor Research Laboratories' overall GF Score™ is 59/100 with 2 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 Novateor Research Laboratories (BOM:542771), the current ROA % is 1.66% 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 Novateor Research Laboratories (BOM:542771) Overvalued in 2026?
Based on GuruFocus' analysis, Novateor Research Laboratories stock appears to be undervalued.
The current stock price of ₹32.85 is trading 60.7% below its estimated GF Value™ of ₹83.64.
Key valuation signals for BOM:542771:
ROA %: 1.66% (655% above median its 10-year median of 0.22)
GF Value™: ₹83.64 vs. price of ₹32.85 (60.7% below fair value)
Industry Position: 50% below the Consumer Packaged Goods median
No single metric tells the full story. See the BOM:542771 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novateor Research Laboratories Ltd is a company engaged in the development of novel personal care products that are intended to provide safe, easy, and innovative approaches to the existing traditional personal care solutions. The company's teeth-whitening products are sold under the brand name SmiloShine. The company manufactures three different variants of teeth whitening strips, teeth whitening toothpaste and brush, kids's toothpaste and tongue cleaner, and teeth whitening gel.
59GF Score
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