Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Manoj JewellersBOM:544400 48 ROA % is 12.82% as of Mar. 2026, which is 189% above its 10-year median of 4.43. GuruFocus rates BOM:544400 with a GF Score™ of 48/100. The stock has 5 warning signs investors should review. Among 1,138 Retail - Cyclical companies, Manoj Jewellers ranks better than 95.61% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Manoj Jewellers's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹67 Mil.
Manoj Jewellers's average Total Assets over the quarter that ended in Mar. 2026 was ₹526 Mil. Therefore, Manoj Jewellers's annualized ROA % for the quarter that ended in Mar. 2026 was 12.82%.
The historical rank and industry rank for Manoj Jewellers's ROA % or its related term are showing as below:
BOM:544400'
s ROA % Range Over the Past 10 Years
Min: 0.49 Med: 4.43 Max: 19.28
Current: 19.28
During the past 7 years, Manoj Jewellers's highest ROA % was 19.28%. The lowest was 0.49%. And the median was 4.43%.
BOM:544400's ROA % is ranked better than 95.61% of 1138
companies
in the Retail - Cyclical industry
Industry Median: 2.77
vs BOM:544400: 19.28
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.
Manoj Jewellers ROA % Related Terms
Manoj Jewellers ROA % Historical Data
* Premium members only.
The historical data trend for Manoj Jewellers'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 Luxury Goods subindustry, Manoj Jewellers'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.
Manoj Jewellers ROA % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Manoj Jewellers's ROA % distribution charts can be found below:
* The bar in red indicates where Manoj Jewellers'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.
Manoj Jewellers (BOM:544400) has a ROA % of 12.82% 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 Manoj Jewellers and its competitors. This is 189% above median its historical median of 4.43. Over the past decade, Manoj Jewellers' ROA % has ranged from 0.49 to 19.28. According to the industry distribution chart, Manoj Jewellers ranks #50 out of 1138 companies in the Retail - Cyclical industry, placing it in the top 4.4%.
Is Manoj Jewellers' ROA % too high?
Manoj Jewellers' current ROA % of 12.82% is 189% above median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 19.28. The Retail - Cyclical industry median ROA % is 2.77. Manoj Jewellers' value of 12.82% is 362.8% above this industry median. Based on the distribution chart, Manoj Jewellers ranks #50 out of 1138 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Manoj Jewellers has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Manoj Jewellers' ROA % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Manoj Jewellers ranks #50 out of 1138 companies for ROA %. This places Manoj Jewellers in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 2.77. Manoj Jewellers' value of 12.82% is 362.8% above this benchmark. Historically, Manoj Jewellers' own ROA % has ranged from 0.49 to 19.28 over the past decade. While the company's 10-year median is 4.43 vs. the industry median of 2.77, Manoj Jewellers 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 Retail - Cyclical company?
The median ROA % among Retail - Cyclical companies is 2.77, based on 1,138 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. Manoj Jewellers's current ROA % of 12.82% is 362.8% 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 Manoj Jewellers and its competitors. For the Retail - Cyclical industry, the median ROA % is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manoj Jewellers's current ROA % is 12.82%, which is 189% above median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manoj Jewellers stock overvalued right now?
Manoj Jewellers (BOM:544400) has a current ROA % of 12.82%. The current ROA % is 12.82%, which is 189% above median its 10-year median of 4.43 and 362.8% above the Retail - Cyclical industry median of 2.77. Manoj Jewellers' overall GF Score™ is 48/100 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 Manoj Jewellers (BOM:544400), the current ROA % is 12.82% 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.
Manoj Jewellers Ltd is engaged in the retail and wholesale business of jewellery and ornaments made from gold and diamonds, embellished with precious and semiprecious stones. Its extensive portfolio includes a wide range of items such as rings, earrings, armlets, pendants, nose rings, bracelets, chains, necklaces, bangles, and other wedding jewellery pieces. Its diverse collection caters to various tastes and occasions, offering customers a selection of exquisite pieces to choose from. The company aims to provide high-quality and beautifully crafted jewellery to meet the needs and preferences of its clients.
48GF Score
Get the complete analysis for BOM:544400
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:544400 has been successfully added to your 
