Mittal Sections (BOM:544575) ROA %: 3.10% (As of Mar. 2026) — 43% Below Median

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BOM:544575 Mittal Sections Ltd BOM:544575
13 GF Score
Price ₹28.15
! 6 Warning Signs
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What is Mittal Sections ROA %?

Mittal Sections BOM:544575 13 ROA % is 3.10% as of Mar. 2026, which is 43% below its 10-year median of 5.44. GuruFocus rates BOM:544575 with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 635 Steel companies, Mittal Sections ranks worse than 53.54% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mittal Sections's annualized Net Income for the quarter that ended in Mar. 2026 was ₹22.4 Mil. Mittal Sections's average Total Assets over the quarter that ended in Mar. 2026 was ₹720.4 Mil. Therefore, Mittal Sections's annualized ROA % for the quarter that ended in Mar. 2026 was 3.10%.

The historical rank and industry rank for Mittal Sections's ROA % or its related term are showing as below:

BOM:544575' s ROA % Range Over the Past 10 Years
Min: 1.55   Med: 5.44   Max: 9.23
Current: 1.55

During the past 4 years, Mittal Sections's highest ROA % was 9.23%. The lowest was 1.55%. And the median was 5.44%.

BOM:544575's ROA % is ranked worse than
53.54% of 635 companies
in the Steel industry
Industry Median: 1.94 vs BOM:544575: 1.55

Mittal Sections  (BOM:544575) 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 bank’s 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:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=22.352/720.3575
=(Net Income / Revenue)*(Revenue / Total Assets)
=(22.352 / 1566.64)*(1566.64 / 720.3575)
=Net Margin %*Asset Turnover
=1.43 %*2.1748
=3.10 %

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.


Mittal Sections ROA % Related Terms


Mittal Sections ROA % Historical Data

* Premium members only.

The historical data trend for Mittal Sections'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.

Mittal Sections ROA % Chart

Mittal Sections Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROA %
1.67 6.07 9.23 4.80

Mittal Sections Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
ROA % 0.00 0.00 5.50 3.10

BOM:544575 vs NUE, STLD, RS: ROA % Comparison

For the Steel subindustry, Mittal Sections'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.


Mittal Sections ROA % vs Steel Industry

For the Steel industry and Basic Materials sector, Mittal Sections's ROA % distribution charts can be found below:

* The bar in red indicates where Mittal Sections's ROA % falls into.


BOM:544575
13GF Score
Mittal Sections Ltd BOM:544575
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mittal Sections ROA % Calculation

Mittal Sections's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=34.55/( (454.157+986.558)/ 2 )
=34.55/720.3575
=4.80 %

Mittal Sections's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Mar. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=22.352/( (454.157+986.558)/ 2 )
=22.352/720.3575
=3.10 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 3.10% mean?
Mittal Sections (BOM:544575) has a ROA % of 3.10% 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 Mittal Sections and its competitors. This is 43% below median its historical median of 5.44. Over the past decade, Mittal Sections' ROA % has ranged from 1.55 to 9.23. According to the industry distribution chart, Mittal Sections ranks #340 out of 635 companies in the Steel industry, placing it in the top 53.5%.
Is Mittal Sections' ROA % too high?
Mittal Sections' current ROA % of 3.10% is 43% below median its 10-year median of 5.44. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 9.23. The Steel industry median ROA % is 1.94. Mittal Sections' value of 3.10% is 59.8% above this industry median. Based on the distribution chart, Mittal Sections ranks #340 out of 635 companies in the Steel industry, which is below the industry midpoint. Overall, Mittal Sections has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Mittal Sections' ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Mittal Sections ranks #340 out of 635 companies for ROA %. This places Mittal Sections in the lower half of its industry. The industry median ROA % is 1.94. Mittal Sections' value of 3.10% is 59.8% above this benchmark. Historically, Mittal Sections' own ROA % has ranged from 1.55 to 9.23 over the past decade. While the company's 10-year median is 5.44 vs. the industry median of 1.94, Mittal Sections 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 Steel company?
The median ROA % among Steel companies is 1.94, based on 635 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. Mittal Sections's current ROA % of 3.10% is 59.8% 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 Mittal Sections and its competitors. For the Steel industry, the median ROA % is 1.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mittal Sections's current ROA % is 3.10%, which is 43% below median its own 10-year median of 5.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mittal Sections stock overvalued right now?
Mittal Sections (BOM:544575) has a current ROA % of 3.10%. The current ROA % is 3.10%, which is 43% below median its 10-year median of 5.44 and 59.8% above the Steel industry median of 1.94. Mittal Sections' overall GF Score™ is 13/100 with 6 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 Mittal Sections (BOM:544575), the current ROA % is 3.10% 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.

Mittal Sections Business Description

Address C.G. Road, 01, Sona Roopa Apartment, Opposite Lal Bunglow, Navrangpura, Ahmedabad, GJ, IND, 380009
Mittal Sections Ltd is engaged in the manufacturing and sale of structural steel products. The Company's operations include the manufacturing of steel products and the wholesale trade of metals and metal ores. Its products are mainly sold in the local market.
13GF Score

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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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