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Innovana ThinklabsBOM:544302 +1.90%64 ROA % is 3.23% as of Mar. 2026, which is 82% below its 10-year median of 17.61. GuruFocus rates BOM:544302 with a GF Score™ of 64/100 and a GF Value™ of ₹483.35 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,893 Software companies, Innovana Thinklabs ranks better than 85.62% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Innovana Thinklabs's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹118 Mil.
Innovana Thinklabs's average Total Assets over the quarter that ended in Mar. 2026 was ₹3,650 Mil. Therefore, Innovana Thinklabs's annualized ROA % for the quarter that ended in Mar. 2026 was 3.23%.
The historical rank and industry rank for Innovana Thinklabs's ROA % or its related term are showing as below:
BOM:544302'
s ROA % Range Over the Past 10 Years
Min: 11.39 Med: 17.61 Max: 41.26
Current: 11.39
During the past 11 years, Innovana Thinklabs's highest ROA % was 41.26%. The lowest was 11.39%. And the median was 17.61%.
BOM:544302's ROA % is ranked better than 85.62% of 2893
companies
in the Software industry
Industry Median: 1.7
vs BOM:544302: 11.39
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.
Innovana Thinklabs ROA % Related Terms
Innovana Thinklabs ROA % Historical Data
* Premium members only.
The historical data trend for Innovana Thinklabs'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 Software - Application subindustry, Innovana Thinklabs'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.
Innovana Thinklabs ROA % vs Software Industry
For the Software industry and Technology sector, Innovana Thinklabs's ROA % distribution charts can be found below:
* The bar in red indicates where Innovana Thinklabs'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.
Innovana Thinklabs (BOM:544302) has a ROA % of 3.23% 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 Innovana Thinklabs and its competitors. This is 82% below median its historical median of 17.61. Over the past decade, Innovana Thinklabs' ROA % has ranged from 11.39 to 41.26. According to the industry distribution chart, Innovana Thinklabs ranks #416 out of 2893 companies in the Software industry, placing it in the top 14.4%.
Is Innovana Thinklabs' ROA % too high?
Innovana Thinklabs' current ROA % of 3.23% is 82% below median its 10-year median of 17.61. Over the past 10 years, this metric has ranged from a low of 11.39 to a high of 41.26. The Software industry median ROA % is 1.70. Innovana Thinklabs' value of 3.23% is 90% above this industry median. Based on the distribution chart, Innovana Thinklabs ranks #416 out of 2893 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Innovana Thinklabs has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Innovana Thinklabs' ROA % compare to QH and SHOP?
According to the Software industry distribution chart, Innovana Thinklabs ranks #416 out of 2893 companies for ROA %. This places Innovana Thinklabs in the top 14% of its industry — outperforming the majority of peers. The industry median ROA % is 1.70. Innovana Thinklabs' value of 3.23% is 90% above this benchmark. Historically, Innovana Thinklabs' own ROA % has ranged from 11.39 to 41.26 over the past decade. While the company's 10-year median is 17.61 vs. the industry median of 1.70, Innovana Thinklabs 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 1.70, based on 2,893 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. Innovana Thinklabs's current ROA % of 3.23% is 90% 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 Innovana Thinklabs and its competitors. For the Software industry, the median ROA % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovana Thinklabs's current ROA % is 3.23%, which is 82% below median its own 10-year median of 17.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovana Thinklabs stock overvalued right now?
Based on GuruFocus' analysis, Innovana Thinklabs (BOM:544302) is currently considered Possible Value Trap. The stock's GF Value™ is ₹483.35, compared to a current price of ₹324.00 — trading 33% below its estimated fair value. The current ROA % is 3.23%, which is 82% below median its 10-year median of 17.61 and 90% above the Software industry median of 1.70. Innovana Thinklabs' overall GF Score™ is 64/100 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 Innovana Thinklabs (BOM:544302), the current ROA % is 3.23% 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 Innovana Thinklabs (BOM:544302) Overvalued in 2026?
Based on GuruFocus' analysis, Innovana Thinklabs stock appears to be undervalued.
The current stock price of ₹324.00 is trading 33% below its estimated GF Value™ of ₹483.35.
GuruFocus considers Innovana Thinklabs to be Possible Value Trap.
Key valuation signals for BOM:544302:
ROA %: 3.23% (82% below median its 10-year median of 17.61)
GF Value™: ₹483.35 vs. price of ₹324.00 (33% below fair value)
Industry Position: 90% above the Software median (#416 of 2893)
No single metric tells the full story. See the BOM:544302 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovana Thinklabs Ltd is engaged in software and application development business services to the retail user. Principally, the company designs develops, and maintains software systems and solutions, as well as creates new applications and enhances the functionality of existing software products. Its product portfolio consists of applications and software such as adblocker, disk cleanup, space reviver, file opener, and privacy protector. In addition, the company also produces applications and software such as password manager, identity protector, malware protection, disk speedup, systems boost, and web protection.
64GF Score
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