ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mughal Iron & Steel Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₨1,679 Mil.
Mughal Iron & Steel Industries's average Total Assets over the quarter that ended in Mar. 2026 was ₨75,869 Mil. Therefore, Mughal Iron & Steel Industries's annualized ROA % for the quarter that ended in Mar. 2026 was 2.21%.
The historical rank and industry rank for Mughal Iron & Steel Industries's ROA % or its related term are showing as below:
KAR:MUGHAL'
s ROA % Range Over the Past 10 Years
Min: 1.23 Med: 6.99 Max: 11.41
Current: 3.17
During the past 12 years, Mughal Iron & Steel Industries's highest ROA % was 11.41%. The lowest was 1.23%. And the median was 6.99%.
KAR:MUGHAL's ROA % is ranked better than 61.07% of 637
companies
in the Steel industry
Industry Median: 1.92
vs KAR:MUGHAL: 3.17
Mughal Iron & Steel Industries (KAR:MUGHAL) 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 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.
Mughal Iron & Steel Industries ROA % Related Terms
Mughal Iron & Steel Industries ROA % Historical 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.
For the Steel subindustry, Mughal Iron & Steel Industries'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.
Mughal Iron & Steel Industries ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Mughal Iron & Steel Industries's ROA % distribution charts can be found below:
* The bar in red indicates where Mughal Iron & Steel Industries'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.
Mughal Iron & Steel Industries (KAR:MUGHAL) has a ROA % of 2.21% 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 Mughal Iron & Steel Industries and its competitors. This is 68% below median its historical median of 6.99. Over the past decade, Mughal Iron & Steel Industries' ROA % has ranged from 1.23 to 11.41. According to the industry distribution chart, Mughal Iron & Steel Industries ranks #248 out of 637 companies in the Steel industry, placing it in the top 38.9%.
Is Mughal Iron & Steel Industries' ROA % too high?
Mughal Iron & Steel Industries' current ROA % of 2.21% is 68% below median its 10-year median of 6.99. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 11.41. The Steel industry median ROA % is 1.92. Mughal Iron & Steel Industries' value of 2.21% is 15.1% above this industry median. Based on the distribution chart, Mughal Iron & Steel Industries ranks #248 out of 637 companies in the Steel industry, which is above the industry midpoint. Overall, Mughal Iron & Steel Industries has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mughal Iron & Steel Industries' ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Mughal Iron & Steel Industries ranks #248 out of 637 companies for ROA %. This puts Mughal Iron & Steel Industries in the upper half of its industry. The industry median ROA % is 1.92. Mughal Iron & Steel Industries' value of 2.21% is 15.1% above this benchmark. Historically, Mughal Iron & Steel Industries' own ROA % has ranged from 1.23 to 11.41 over the past decade. While the company's 10-year median is 6.99 vs. the industry median of 1.92, Mughal Iron & Steel Industries 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 1.92, based on 637 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. Mughal Iron & Steel Industries's current ROA % of 2.21% is 15.1% 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 Mughal Iron & Steel Industries and its competitors. For the Steel industry, the median ROA % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mughal Iron & Steel Industries's current ROA % is 2.21%, which is 68% below median its own 10-year median of 6.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mughal Iron & Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Mughal Iron & Steel Industries (KAR:MUGHAL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨69.86, compared to a current price of ₨86.49 — trading 23.8% above its estimated fair value. The current ROA % is 2.21%, which is 68% below median its 10-year median of 6.99 and 15.1% above the Steel industry median of 1.92. Mughal Iron & Steel Industries' overall GF Score™ is 89/100 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 Mughal Iron & Steel Industries (KAR:MUGHAL), the current ROA % is 2.21% 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 Mughal Iron & Steel Industries (KAR:MUGHAL) Overvalued in 2026?
Based on GuruFocus' analysis, Mughal Iron & Steel Industries stock appears to be overvalued.
The current stock price of ₨86.49 is trading 23.8% above its estimated GF Value™ of ₨69.86.
GuruFocus considers Mughal Iron & Steel Industries to be Modestly Overvalued.
Key valuation signals for KAR:MUGHAL:
ROA %: 2.21% (68% below median its 10-year median of 6.99)
GF Value™: ₨69.86 vs. price of ₨86.49 (23.8% above fair value)
Industry Position: 15.1% above the Steel median (#248 of 637)
No single metric tells the full story. See the KAR:MUGHAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mughal Iron & Steel Industries Business Description
Mughal Iron & Steel Industries Ltd is engaged in the manufacturing and trading of mild steel products. The operating segments of the company are Ferrous, Non-Ferrous, and the Energy segment. The company's main products involve Steel re-bars (G60 / Mughal Supreme), Girders, Billets, Copper ingots, and Copper granules.
89GF Score
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