ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Protean eGov Technologies's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,215 Mil.
Protean eGov Technologies's average Total Assets over the quarter that ended in Mar. 2026 was ₹14,736 Mil. Therefore, Protean eGov Technologies's annualized ROA % for the quarter that ended in Mar. 2026 was 8.25%.
The historical rank and industry rank for Protean eGov Technologies's ROA % or its related term are showing as below:
BOM:544021'
s ROA % Range Over the Past 10 Years
Min: 7.24 Med: 9.37 Max: 15.56
Current: 7.37
During the past 6 years, Protean eGov Technologies's highest ROA % was 15.56%. The lowest was 7.24%. And the median was 9.37%.
BOM:544021's ROA % is ranked better than 73.77% of 2886
companies
in the Software industry
Industry Median: 1.675
vs BOM:544021: 7.37
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 Information Technology Services subindustry, Protean eGov Technologies'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.
Protean eGov Technologies ROA % vs Software Industry
For the Software industry and Technology sector, Protean eGov Technologies's ROA % distribution charts can be found below:
* The bar in red indicates where Protean eGov Technologies'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.
Protean eGov Technologies (BOM:544021) has a ROA % of 8.25% 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 Protean eGov Technologies and its competitors. This is 12% below median its historical median of 9.37. Over the past decade, Protean eGov Technologies' ROA % has ranged from 7.24 to 15.56. According to the industry distribution chart, Protean eGov Technologies ranks #757 out of 2886 companies in the Software industry, placing it in the top 26.2%.
Is Protean eGov Technologies' ROA % too high?
Protean eGov Technologies' current ROA % of 8.25% is 12% below median its 10-year median of 9.37. Over the past 10 years, this metric has ranged from a low of 7.24 to a high of 15.56. The Software industry median ROA % is 1.68. Protean eGov Technologies' value of 8.25% is 392.5% above this industry median. Based on the distribution chart, Protean eGov Technologies ranks #757 out of 2886 companies in the Software industry, which is above the industry midpoint. Overall, Protean eGov Technologies has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Protean eGov Technologies' ROA % compare to IBM and ACN?
According to the Software industry distribution chart, Protean eGov Technologies ranks #757 out of 2886 companies for ROA %. This puts Protean eGov Technologies in the upper half of its industry. The industry median ROA % is 1.68. Protean eGov Technologies' value of 8.25% is 392.5% above this benchmark. Historically, Protean eGov Technologies' own ROA % has ranged from 7.24 to 15.56 over the past decade. While the company's 10-year median is 9.37 vs. the industry median of 1.68, Protean eGov Technologies 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 Software company?
The median ROA % among Software companies is 1.68, based on 2,886 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. Protean eGov Technologies's current ROA % of 8.25% is 392.5% 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 Protean eGov Technologies and its competitors. For the Software industry, the median ROA % is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Protean eGov Technologies's current ROA % is 8.25%, which is 12% below median its own 10-year median of 9.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Protean eGov Technologies stock overvalued right now?
Based on GuruFocus' analysis, Protean eGov Technologies (BOM:544021) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,378.64, compared to a current price of ₹588.50 — trading 57.3% below its estimated fair value. The current ROA % is 8.25%, which is 12% below median its 10-year median of 9.37 and 392.5% above the Software industry median of 1.68. Protean eGov Technologies' overall GF Score™ is 58/100 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 Protean eGov Technologies (BOM:544021), the current ROA % is 8.25% 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 Protean eGov Technologies (BOM:544021) Overvalued in 2026?
Based on GuruFocus' analysis, Protean eGov Technologies stock appears to be undervalued.
The current stock price of ₹588.50 is trading 57.3% below its estimated GF Value™ of ₹1,378.64.
GuruFocus considers Protean eGov Technologies to be Possible Value Trap.
Key valuation signals for BOM:544021:
ROA %: 8.25% (12% below median its 10-year median of 9.37)
GF Value™: ₹1,378.64 vs. price of ₹588.50 (57.3% below fair value)
Industry Position: 392.5% above the Software median (#757 of 2886)
No single metric tells the full story. See the BOM:544021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Protean eGov Technologies Ltd is engaged in providing Information Technology (IT) enabled e-Governance services. It works on tax modernization, open digital ecosystems, and social security-related projects. It offers citizen services, e-governance solutions, system integration, business process re-engineering, data center co-location, and IT consulting services for citizens, corporations, and the government. Some of the projects that the company works on include the acceptance and processing of PAN applications, e-KYC, GST verification, PAN verification, and others. Geographically, the company currently offers its services only in India.
58GF Score
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