Abha Power and SteelNSE:ABHAPOWER +0.56%12 ROA % is 1.03% as of Mar. 2026, which is 71% below its 10-year median of 3.50. GuruFocus rates NSE:ABHAPOWER with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 635 Steel companies, Abha Power and Steel ranks better than 60% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Abha Power and Steel's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹8.6 Mil.
Abha Power and Steel's average Total Assets over the quarter that ended in Mar. 2026 was ₹833.7 Mil. Therefore, Abha Power and Steel's annualized ROA % for the quarter that ended in Mar. 2026 was 1.03%.
The historical rank and industry rank for Abha Power and Steel's ROA % or its related term are showing as below:
NSE:ABHAPOWER'
s ROA % Range Over the Past 10 Years
Min: -2.02 Med: 3.5 Max: 9.84
Current: 3
During the past 5 years, Abha Power and Steel's highest ROA % was 9.84%. The lowest was -2.02%. And the median was 3.50%.
NSE:ABHAPOWER's ROA % is ranked better than 60% of 635
companies
in the Steel industry
Industry Median: 1.88
vs NSE:ABHAPOWER: 3.00
Abha Power and Steel (NSE:ABHAPOWER) 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.
* 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, Abha Power and Steel'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.
Abha Power and Steel ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Abha Power and Steel's ROA % distribution charts can be found below:
* The bar in red indicates where Abha Power and Steel'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.
Abha Power and Steel (NSE:ABHAPOWER) has a ROA % of 1.03% 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 Abha Power and Steel and its competitors. This is 71% below median its historical median of 3.50. According to the industry distribution chart, Abha Power and Steel ranks #254 out of 635 companies in the Steel industry, placing it in the top 40%.
Is Abha Power and Steel's ROA % too high?
Abha Power and Steel's current ROA % of 1.03% is 71% below median its 10-year median of 3.50. The Steel industry median ROA % is 1.88. Abha Power and Steel's value of 1.03% is 45.2% below this industry median. Based on the distribution chart, Abha Power and Steel ranks #254 out of 635 companies in the Steel industry, which is above the industry midpoint. Overall, Abha Power and Steel has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Abha Power and Steel's ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Abha Power and Steel ranks #254 out of 635 companies for ROA %. This puts Abha Power and Steel in the upper half of its industry. The industry median ROA % is 1.88. Abha Power and Steel's value of 1.03% is 45.2% below this benchmark. While the company's 10-year median is 3.50 vs. the industry median of 1.88, Abha Power and Steel has consistently been below 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 1.88, 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. Abha Power and Steel's current ROA % of 1.03% is 45.2% below 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 Abha Power and Steel and its competitors. For the Steel industry, the median ROA % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abha Power and Steel's current ROA % is 1.03%, which is 71% below median its own 10-year median of 3.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abha Power and Steel stock overvalued right now?
Abha Power and Steel (NSE:ABHAPOWER) has a current ROA % of 1.03%. The current ROA % is 1.03%, which is 71% below median its 10-year median of 3.50 and 45.2% below the Steel industry median of 1.88. Abha Power and Steel's overall GF Score™ is 12/100 with 3 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 Abha Power and Steel (NSE:ABHAPOWER), the current ROA % is 1.03% 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.
Abha Power and Steel Ltd is engaged in the business of iron and steel foundry, particularly in casting and manufacturing customized products in mostly all grades of iron and steel. Its versatile product portfolio covers all grades of mild steel, spheroidal graphite cast iron, manganese steel, stainless steel, low alloy and high alloy castings (high CR & high Ni), HRCS & WRCS, from as small as 0.5 Kgs to 6 Tonnes single finished casting.
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