Shining ToolsBOM:544607 +3.61%19 ROA % is 13.98% as of Mar. 2026, which is 38% above its 10-year median of 10.12. GuruFocus rates BOM:544607 with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 3,075 Industrial Products companies, Shining Tools ranks better than 94.5% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shining Tools's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹38.9 Mil.
Shining Tools's average Total Assets over the quarter that ended in Mar. 2026 was ₹278.2 Mil. Therefore, Shining Tools's annualized ROA % for the quarter that ended in Mar. 2026 was 13.98%.
The historical rank and industry rank for Shining Tools's ROA % or its related term are showing as below:
BOM:544607'
s ROA % Range Over the Past 10 Years
Min: -0.47 Med: 10.12 Max: 13.98
Current: 13.98
During the past 4 years, Shining Tools's highest ROA % was 13.98%. The lowest was -0.47%. And the median was 10.12%.
BOM:544607's ROA % is ranked better than 94.5% of 3075
companies
in the Industrial Products industry
Industry Median: 3.05
vs BOM:544607: 13.98
Shining Tools (BOM:544607) 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 one times the annual (Mar. 2026) net income data. The Revenue data used here is one times the 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.
Shining Tools ROA % Related Terms
Shining Tools ROA % Historical Data
* Premium members only.
The historical data trend for Shining Tools'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.
Shining Tools ROA % Chart
Shining Tools Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
ROA %
-0.47
9.89
10.35
13.98
Shining Tools Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
ROA %
-0.47
9.89
10.35
13.98
BOM:544607 vs SNA, RBC, LECO: ROA % Comparison
For the Tools & Accessories subindustry, Shining Tools'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.
Shining Tools ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shining Tools's ROA % distribution charts can be found below:
* The bar in red indicates where Shining Tools'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 one times the annual (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Shining Tools (BOM:544607) has a ROA % of 13.98% 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 Shining Tools and its competitors. This is 38% above median its historical median of 10.12. According to the industry distribution chart, Shining Tools ranks #169 out of 3075 companies in the Industrial Products industry, placing it in the top 5.5%.
Is Shining Tools' ROA % too high?
Shining Tools' current ROA % of 13.98% is 38% above median its 10-year median of 10.12. The Industrial Products industry median ROA % is 3.05. Shining Tools' value of 13.98% is 358.4% above this industry median. Based on the distribution chart, Shining Tools ranks #169 out of 3075 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shining Tools has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Shining Tools' ROA % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Shining Tools ranks #169 out of 3075 companies for ROA %. This places Shining Tools in the top 6% of its industry — outperforming the majority of peers. The industry median ROA % is 3.05. Shining Tools' value of 13.98% is 358.4% above this benchmark. While the company's 10-year median is 10.12 vs. the industry median of 3.05, Shining Tools 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 an Industrial Products company?
The median ROA % among Industrial Products companies is 3.05, based on 3,075 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. Shining Tools's current ROA % of 13.98% is 358.4% 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 Shining Tools and its competitors. For the Industrial Products industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shining Tools's current ROA % is 13.98%, which is 38% above median its own 10-year median of 10.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Tools stock overvalued right now?
Shining Tools (BOM:544607) has a current ROA % of 13.98%. The current ROA % is 13.98%, which is 38% above median its 10-year median of 10.12 and 358.4% above the Industrial Products industry median of 3.05. Shining Tools' overall GF Score™ is 19/100 with 2 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 Shining Tools (BOM:544607), the current ROA % is 13.98% 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.
Shining Tools Ltd is engaged in the designing and manufacturing of high-performance solid carbide cutting tools catering to various industries in India. Additionally, the company provides reconditioning services for used tools, ensuring their extended usability and performance. It is engaged in producing a wide range of high-performance cutting tools, including end mills, thread mills, drills, and reamers, offering tooling solutions for modern manufacturing needs. The company derives the majority of its revenue from the manufacturing of customized tools.
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