ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mazagon Dock Shipbuilders's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹27,167 Mil.
Mazagon Dock Shipbuilders's average Total Assets over the quarter that ended in Mar. 2026 was ₹274,578 Mil. Therefore, Mazagon Dock Shipbuilders's annualized ROA % for the quarter that ended in Mar. 2026 was 9.89%.
The historical rank and industry rank for Mazagon Dock Shipbuilders's ROA % or its related term are showing as below:
BOM:543237'
s ROA % Range Over the Past 10 Years
Min: 2.22 Med: 2.87 Max: 10.09
Current: 10.09
During the past 10 years, Mazagon Dock Shipbuilders's highest ROA % was 10.09%. The lowest was 2.22%. And the median was 2.87%.
BOM:543237's ROA % is ranked better than 88.58% of 359
companies
in the Aerospace & Defense industry
Industry Median: 2.46
vs BOM:543237: 10.09
Mazagon Dock Shipbuilders (BOM:543237) 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 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.
* 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 Aerospace & Defense subindustry, Mazagon Dock Shipbuilders'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.
Mazagon Dock Shipbuilders ROA % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Mazagon Dock Shipbuilders's ROA % distribution charts can be found below:
* The bar in red indicates where Mazagon Dock Shipbuilders'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.
Mazagon Dock Shipbuilders (BOM:543237) has a ROA % of 9.89% 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 Mazagon Dock Shipbuilders and its competitors. This is 245% above median its historical median of 2.87. Over the past decade, Mazagon Dock Shipbuilders' ROA % has ranged from 2.22 to 10.09. According to the industry distribution chart, Mazagon Dock Shipbuilders ranks #41 out of 359 companies in the Aerospace & Defense industry, placing it in the top 11.4%.
Is Mazagon Dock Shipbuilders' ROA % too high?
Mazagon Dock Shipbuilders' current ROA % of 9.89% is 245% above median its 10-year median of 2.87. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 10.09. The Aerospace & Defense industry median ROA % is 2.46. Mazagon Dock Shipbuilders' value of 9.89% is 302% above this industry median. Based on the distribution chart, Mazagon Dock Shipbuilders ranks #41 out of 359 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Mazagon Dock Shipbuilders has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mazagon Dock Shipbuilders' ROA % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Mazagon Dock Shipbuilders ranks #41 out of 359 companies for ROA %. This places Mazagon Dock Shipbuilders in the top 11% of its industry — outperforming the majority of peers. The industry median ROA % is 2.46. Mazagon Dock Shipbuilders' value of 9.89% is 302% above this benchmark. Historically, Mazagon Dock Shipbuilders' own ROA % has ranged from 2.22 to 10.09 over the past decade. While the company's 10-year median is 2.87 vs. the industry median of 2.46, Mazagon Dock Shipbuilders 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 Aerospace & Defense company?
The median ROA % among Aerospace & Defense companies is 2.46, based on 359 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. Mazagon Dock Shipbuilders's current ROA % of 9.89% is 302% 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 Mazagon Dock Shipbuilders and its competitors. For the Aerospace & Defense industry, the median ROA % is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mazagon Dock Shipbuilders's current ROA % is 9.89%, which is 245% above median its own 10-year median of 2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mazagon Dock Shipbuilders stock overvalued right now?
Based on GuruFocus' analysis, Mazagon Dock Shipbuilders (BOM:543237) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,824.21, compared to a current price of ₹2,420.10 — trading 14.3% below its estimated fair value. The current ROA % is 9.89%, which is 245% above median its 10-year median of 2.87 and 302% above the Aerospace & Defense industry median of 2.46. Mazagon Dock Shipbuilders' overall GF Score™ is 93/100 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 Mazagon Dock Shipbuilders (BOM:543237), the current ROA % is 9.89% 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 Mazagon Dock Shipbuilders (BOM:543237) Overvalued in 2026?
Based on GuruFocus' analysis, Mazagon Dock Shipbuilders stock appears to be undervalued.
The current stock price of ₹2,420.10 is trading 14.3% below its estimated GF Value™ of ₹2,824.21.
GuruFocus considers Mazagon Dock Shipbuilders to be Modestly Undervalued.
Key valuation signals for BOM:543237:
ROA %: 9.89% (245% above median its 10-year median of 2.87)
GF Value™: ₹2,824.21 vs. price of ₹2,420.10 (14.3% below fair value)
Industry Position: 302% above the Aerospace & Defense median (#41 of 359)
No single metric tells the full story. See the BOM:543237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mazagon Dock Shipbuilders Ltd is a defense public sector undertaking shipyard under the Ministry of Defence. The company is engaged in building and repairing ships, submarines, various types of vessels, and related engineering products for its customers. The company's activities are the construction of warships, ferries, tugs, dredgers, barges, submarines, merchant ships, etc., with facilities situated in Mumbai and Nhava. It also offers ship designing, ship repairs and refit, tug support, and other related services. The company is organized into two segments: Shipbuilding and Submarine (New Construction and Repairs) and others.
93GF Score
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