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Shanti SpintexBOM:544059 +4.30%44 ROA % is 2.98% as of Mar. 2026, which is 42% below its 10-year median of 5.18. GuruFocus rates BOM:544059 with a GF Score™ of 44/100. The stock has 5 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Shanti Spintex ranks better than 74.28% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shanti Spintex's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹59 Mil.
Shanti Spintex's average Total Assets over the quarter that ended in Mar. 2026 was ₹1,996 Mil. Therefore, Shanti Spintex's annualized ROA % for the quarter that ended in Mar. 2026 was 2.98%.
The historical rank and industry rank for Shanti Spintex's ROA % or its related term are showing as below:
BOM:544059'
s ROA % Range Over the Past 10 Years
Min: 2.83 Med: 5.18 Max: 7.04
Current: 5.16
During the past 6 years, Shanti Spintex's highest ROA % was 7.04%. The lowest was 2.83%. And the median was 5.18%.
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.
Shanti Spintex ROA % Related Terms
Shanti Spintex ROA % Historical Data
* Premium members only.
The historical data trend for Shanti Spintex'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 Textile Manufacturing subindustry, Shanti Spintex'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.
Shanti Spintex ROA % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanti Spintex's ROA % distribution charts can be found below:
* The bar in red indicates where Shanti Spintex'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.
Shanti Spintex (BOM:544059) has a ROA % of 2.98% 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 Shanti Spintex and its competitors. This is 42% below median its historical median of 5.18. Over the past decade, Shanti Spintex's ROA % has ranged from 2.83 to 7.04. According to the industry distribution chart, Shanti Spintex ranks #275 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 25.7%.
Is Shanti Spintex's ROA % too high?
Shanti Spintex's current ROA % of 2.98% is 42% below median its 10-year median of 5.18. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 7.04. The Manufacturing - Apparel & Accessories industry median ROA % is 1.88. Shanti Spintex's value of 2.98% is 58.5% above this industry median. Based on the distribution chart, Shanti Spintex ranks #275 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Shanti Spintex has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Spintex's ROA % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shanti Spintex ranks #275 out of 1069 companies for ROA %. This puts Shanti Spintex in the upper half of its industry. The industry median ROA % is 1.88. Shanti Spintex's value of 2.98% is 58.5% above this benchmark. Historically, Shanti Spintex's own ROA % has ranged from 2.83 to 7.04 over the past decade. While the company's 10-year median is 5.18 vs. the industry median of 1.88, Shanti Spintex 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 Manufacturing - Apparel & Accessories company?
The median ROA % among Manufacturing - Apparel & Accessories companies is 1.88, based on 1,069 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. Shanti Spintex's current ROA % of 2.98% is 58.5% 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 Shanti Spintex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanti Spintex's current ROA % is 2.98%, which is 42% below median its own 10-year median of 5.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Spintex stock overvalued right now?
Shanti Spintex (BOM:544059) has a current ROA % of 2.98%. The current ROA % is 2.98%, which is 42% below median its 10-year median of 5.18 and 58.5% above the Manufacturing - Apparel & Accessories industry median of 1.88. Shanti Spintex's overall GF Score™ is 44/100 with 5 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 Shanti Spintex (BOM:544059), the current ROA % is 2.98% 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.
Shanti Spintex Ltd is engaged in the Manufacturing and selling of Cotton Yarn and Fabrics. It manufactures various types of denim fabrics such as power stretch spandex denim, knit denim, lightweight denim, rigid denim, over-dyed denim, and flat finish 3/1 denim and also offers denim fabrics in a diverse spectrum of shades such as indigo blue, IBST, sulphur black, sulphur grey, etc. The Company's operations encompass the utilization of diverse types of yarns such as cotton yarn, ring yarn, viscose yarn, slub yarn, cotton spandex, polyester spandex, tencel, lyocell, etc. The Company is currently organized into two operating activities - 1. Textile Manufacturing and 2. Windmill Operations. The company generates the majority of its revenue from the Textile segment.
44GF Score
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