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EarkartBOM:544549 19 ROA % is 12.34% as of Mar. 2026, which is 3% below its 10-year median of 12.69. GuruFocus rates BOM:544549 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 856 Medical Devices & Instruments companies, Earkart ranks better than 75% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Earkart's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹61.6 Mil.
Earkart's average Total Assets over the quarter that ended in Mar. 2026 was ₹498.9 Mil. Therefore, Earkart's annualized ROA % for the quarter that ended in Mar. 2026 was 12.34%.
The historical rank and industry rank for Earkart's ROA % or its related term are showing as below:
BOM:544549'
s ROA % Range Over the Past 10 Years
Min: 1.78 Med: 12.69 Max: 27.78
Current: 6.17
During the past 5 years, Earkart's highest ROA % was 27.78%. The lowest was 1.78%. And the median was 12.69%.
BOM:544549's ROA % is ranked better than 75% of 856
companies
in the Medical Devices & Instruments industry
Industry Median: 0.555
vs BOM:544549: 6.17
Earkart (BOM:544549) ROA % Explanation
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.
Earkart ROA % Related Terms
Earkart ROA % Historical Data
* Premium members only.
The historical data trend for Earkart'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.
Earkart ROA % Chart
Earkart Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Mar26
ROA %
1.78
12.69
18.00
27.78
9.89
Earkart Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Mar26
ROA %
0.00
0.00
0.00
0.00
12.34
BOM:544549 vs ABT, SYK, MDT: ROA % Comparison
For the Medical Devices subindustry, Earkart'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.
Earkart ROA % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Earkart's ROA % distribution charts can be found below:
* The bar in red indicates where Earkart'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.
Earkart (BOM:544549) has a ROA % of 12.34% 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 Earkart and its competitors. This is near median its historical median of 12.69. Over the past decade, Earkart's ROA % has ranged from 1.78 to 27.78. According to the industry distribution chart, Earkart ranks #214 out of 856 companies in the Medical Devices & Instruments industry, placing it in the top 25%.
Is Earkart's ROA % too high?
Earkart's current ROA % of 12.34% is near median its 10-year median of 12.69. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 27.78. The Medical Devices & Instruments industry median ROA % is 0.56. Earkart's value of 12.34% is 2123.4% above this industry median. Based on the distribution chart, Earkart ranks #214 out of 856 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Earkart has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Earkart's ROA % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Earkart ranks #214 out of 856 companies for ROA %. This places Earkart in the top 25% of its industry — outperforming the majority of peers. The industry median ROA % is 0.56. Earkart's value of 12.34% is 2123.4% above this benchmark. Historically, Earkart's own ROA % has ranged from 1.78 to 27.78 over the past decade. While the company's 10-year median is 12.69 vs. the industry median of 0.56, Earkart 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 Medical Devices & Instruments company?
The median ROA % among Medical Devices & Instruments companies is 0.56, based on 856 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. Earkart's current ROA % of 12.34% is 2123.4% 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 Earkart and its competitors. For the Medical Devices & Instruments industry, the median ROA % is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Earkart's current ROA % is 12.34%, which is near median its own 10-year median of 12.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Earkart stock overvalued right now?
Earkart (BOM:544549) has a current ROA % of 12.34%. The current ROA % is 12.34%, which is near median its 10-year median of 12.69 and 2123.4% above the Medical Devices & Instruments industry median of 0.56. Earkart's overall GF Score™ is 19/100 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 Earkart (BOM:544549), the current ROA % is 12.34% 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.
Earkart Ltd is a hearing care company based in India that manufactures and distributes modern hearing aids and related accessories at affordable prices. The company also trades in hearing aids and parts from both Indian and foreign brands. Earkart has expanded its product range to include mobility aids like adjustable foldable walkers and therapy kits for children with disabilities. It developed a remote audiometry machine operated by audiologists to facilitate hearing tests remotely, improving access to hearing care services across India. Earkart operates through a wide network of clinics and hearing solution dispensers, blending manufacturing with a customer-focused approach to reach underserved regions.
19GF Score
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