Afloat EnterprisesBOM:543377 +3.99%50 ROA % is 2.06% as of Mar. 2026, which is 296% above its 10-year median of 0.52. GuruFocus rates BOM:543377 with a GF Score™ of 50/100 and a GF Value™ of ₹1.75 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 633 Steel companies, Afloat Enterprises ranks worse than 157977.73% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Afloat Enterprises's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹3.41 Mil.
Afloat Enterprises's average Total Assets over the quarter that ended in Mar. 2026 was ₹165.47 Mil. Therefore, Afloat Enterprises's annualized ROA % for the quarter that ended in Mar. 2026 was 2.06%.
The historical rank and industry rank for Afloat Enterprises's ROA % or its related term are showing as below:
During the past 8 years, Afloat Enterprises's highest ROA % was 52.19%. The lowest was -0.46%. And the median was 0.52%.
BOM:543377's ROA % is not ranked *
in the Steel industry.
Industry Median: 1.92 * Ranked among companies with meaningful ROA % only.
Afloat Enterprises (BOM:543377) 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.
Afloat Enterprises ROA % Related Terms
Afloat Enterprises ROA % Historical Data
* Premium members only.
The historical data trend for Afloat Enterprises'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 Steel subindustry, Afloat Enterprises'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.
Afloat Enterprises ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Afloat Enterprises's ROA % distribution charts can be found below:
* The bar in red indicates where Afloat Enterprises'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.
Afloat Enterprises (BOM:543377) has a ROA % of 2.06% 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 Afloat Enterprises and its competitors. This is 296% above median its historical median of 0.52. According to the industry distribution chart, Afloat Enterprises ranks #999999 out of 633 companies in the Steel industry.
Is Afloat Enterprises' ROA % too high?
Afloat Enterprises' current ROA % of 2.06% is 296% above median its 10-year median of 0.52. The Steel industry median ROA % is 1.92. Afloat Enterprises' value of 2.06% is 7.3% above this industry median. Based on the distribution chart, Afloat Enterprises ranks #999999 out of 633 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Afloat Enterprises has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Afloat Enterprises' ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Afloat Enterprises ranks #999999 out of 633 companies for ROA %. This places Afloat Enterprises in the lower half of its industry. The industry median ROA % is 1.92. Afloat Enterprises' value of 2.06% is 7.3% above this benchmark. While the company's 10-year median is 0.52 vs. the industry median of 1.92, Afloat Enterprises 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 Steel company?
The median ROA % among Steel companies is 1.92, based on 633 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. Afloat Enterprises's current ROA % of 2.06% is 7.3% 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 Afloat Enterprises and its competitors. For the Steel industry, the median ROA % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afloat Enterprises's current ROA % is 2.06%, which is 296% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afloat Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Afloat Enterprises (BOM:543377) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.75, compared to a current price of ₹13.82 — trading 689.7% above its estimated fair value. The current ROA % is 2.06%, which is 296% above median its 10-year median of 0.52 and 7.3% above the Steel industry median of 1.92. Afloat Enterprises' overall GF Score™ is 50/100 with 8 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 Afloat Enterprises (BOM:543377), the current ROA % is 2.06% 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 Afloat Enterprises (BOM:543377) Overvalued in 2026?
Based on GuruFocus' analysis, Afloat Enterprises stock appears to be overvalued.
The current stock price of ₹13.82 is trading 689.7% above its estimated GF Value™ of ₹1.75.
GuruFocus considers Afloat Enterprises to be Significantly Overvalued.
Key valuation signals for BOM:543377:
ROA %: 2.06% (296% above median its 10-year median of 0.52)
GF Value™: ₹1.75 vs. price of ₹13.82 (689.7% above fair value)
Industry Position: 7.3% above the Steel median (#999999 of 633)
No single metric tells the full story. See the BOM:543377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afloat Enterprises Ltd operates in the trading of metals, with a core focus on iron and steel products. The company's business activities include the manufacture, production, procurement, conversion, sale, and trading of various iron and steel items such as tin plates, ETP sheets, and stainless products. Additionally, it deals in commodities like diamonds, gold, wheat, rice, and oils, engaging in trading both within India and internationally. The company generates revenue prominently from its metal trading operations and commodities trading. Its operations are majorly based in India, serving various industrial and commodity markets across the country and abroad.
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