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Associated CoatersBOM:544183 -13.61%21 ROA % is 11.94% as of Mar. 2026, which is 17% below its 10-year median of 14.35. GuruFocus rates BOM:544183 with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 1,098 Business Services companies, Associated Coaters ranks better than 84.52% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Associated Coaters's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹12.19 Mil.
Associated Coaters's average Total Assets over the quarter that ended in Mar. 2026 was ₹102.15 Mil. Therefore, Associated Coaters's annualized ROA % for the quarter that ended in Mar. 2026 was 11.94%.
The historical rank and industry rank for Associated Coaters's ROA % or its related term are showing as below:
BOM:544183'
s ROA % Range Over the Past 10 Years
Min: -5.15 Med: 14.35 Max: 26.37
Current: 10.96
During the past 6 years, Associated Coaters's highest ROA % was 26.37%. The lowest was -5.15%. And the median was 14.35%.
BOM:544183's ROA % is ranked better than 84.52% of 1098
companies
in the Business Services industry
Industry Median: 3.475
vs BOM:544183: 10.96
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.
Associated Coaters ROA % Related Terms
Associated Coaters ROA % Historical Data
* Premium members only.
The historical data trend for Associated Coaters'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 Specialty Business Services subindustry, Associated Coaters'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.
Associated Coaters ROA % vs Business Services Industry
For the Business Services industry and Industrials sector, Associated Coaters's ROA % distribution charts can be found below:
* The bar in red indicates where Associated Coaters'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.
Associated Coaters (BOM:544183) has a ROA % of 11.94% 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 Associated Coaters and its competitors. This is 17% below median its historical median of 14.35. According to the industry distribution chart, Associated Coaters ranks #170 out of 1098 companies in the Business Services industry, placing it in the top 15.5%.
Is Associated Coaters' ROA % too high?
Associated Coaters' current ROA % of 11.94% is 17% below median its 10-year median of 14.35. The Business Services industry median ROA % is 3.48. Associated Coaters' value of 11.94% is 243.6% above this industry median. Based on the distribution chart, Associated Coaters ranks #170 out of 1098 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Associated Coaters has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Associated Coaters' ROA % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Associated Coaters ranks #170 out of 1098 companies for ROA %. This places Associated Coaters in the top 16% of its industry — outperforming the majority of peers. The industry median ROA % is 3.48. Associated Coaters' value of 11.94% is 243.6% above this benchmark. While the company's 10-year median is 14.35 vs. the industry median of 3.48, Associated Coaters 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 Business Services company?
The median ROA % among Business Services companies is 3.48, based on 1,098 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. Associated Coaters's current ROA % of 11.94% is 243.6% 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 Associated Coaters and its competitors. For the Business Services industry, the median ROA % is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Coaters's current ROA % is 11.94%, which is 17% below median its own 10-year median of 14.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Coaters stock overvalued right now?
Associated Coaters (BOM:544183) has a current ROA % of 11.94%. The current ROA % is 11.94%, which is 17% below median its 10-year median of 14.35 and 243.6% above the Business Services industry median of 3.48. Associated Coaters' overall GF Score™ is 21/100 with 1 warning sign 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 Associated Coaters (BOM:544183), the current ROA % is 11.94% 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.
Associated Coaters Ltd is engaged in the business of providing services by way of pre-treatment and powder coating of aluminium extrusions in the Architect and Real Estate Industry. The company's process begins with surface cleaning to eliminate dirt, grease, or other contaminants, followed by the application of a strategic chemical solution to enhance powder coating adhesion. Techniques such as acidic surface etching and specialized pretreatment agents ensure optimal surface wettability.
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