Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Ajax EngineeringNSE:AJAXENGG +10.00%32 ROA % is 21.68% as of Mar. 2026, which is 36% above its 10-year median of 15.97. GuruFocus rates NSE:AJAXENGG with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 212 Farm & Heavy Construction Machinery companies, Ajax Engineering ranks better than 94.81% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ajax Engineering's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹3,799 Mil.
Ajax Engineering's average Total Assets over the quarter that ended in Mar. 2026 was ₹17,517 Mil. Therefore, Ajax Engineering's annualized ROA % for the quarter that ended in Mar. 2026 was 21.68%.
The historical rank and industry rank for Ajax Engineering's ROA % or its related term are showing as below:
NSE:AJAXENGG'
s ROA % Range Over the Past 10 Years
Min: 9 Med: 15.97 Max: 20.44
Current: 14.39
During the past 5 years, Ajax Engineering's highest ROA % was 20.44%. The lowest was 9.00%. And the median was 15.97%.
NSE:AJAXENGG's ROA % is ranked better than 94.81% of 212
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 3.815
vs NSE:AJAXENGG: 14.39
Ajax Engineering (NSE:AJAXENGG) 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.
Ajax Engineering ROA % Related Terms
Ajax Engineering ROA % Historical Data
* Premium members only.
The historical data trend for Ajax Engineering'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.
For the Farm & Heavy Construction Machinery subindustry, Ajax Engineering'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.
Ajax Engineering ROA % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Ajax Engineering's ROA % distribution charts can be found below:
* The bar in red indicates where Ajax Engineering'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.
Ajax Engineering (NSE:AJAXENGG) has a ROA % of 21.68% 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 Ajax Engineering and its competitors. This is 36% above median its historical median of 15.97. Over the past decade, Ajax Engineering's ROA % has ranged from 9.00 to 20.44. According to the industry distribution chart, Ajax Engineering ranks #11 out of 212 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 5.2%.
Is Ajax Engineering's ROA % too high?
Ajax Engineering's current ROA % of 21.68% is 36% above median its 10-year median of 15.97. Over the past 10 years, this metric has ranged from a low of 9.00 to a high of 20.44. The Farm & Heavy Construction Machinery industry median ROA % is 3.82. Ajax Engineering's value of 21.68% is 468.3% above this industry median. Based on the distribution chart, Ajax Engineering ranks #11 out of 212 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Ajax Engineering has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Ajax Engineering's ROA % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Ajax Engineering ranks #11 out of 212 companies for ROA %. This places Ajax Engineering in the top 5% of its industry — outperforming the majority of peers. The industry median ROA % is 3.82. Ajax Engineering's value of 21.68% is 468.3% above this benchmark. Historically, Ajax Engineering's own ROA % has ranged from 9.00 to 20.44 over the past decade. While the company's 10-year median is 15.97 vs. the industry median of 3.82, Ajax Engineering 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 Farm & Heavy Construction Machinery company?
The median ROA % among Farm & Heavy Construction Machinery companies is 3.82, based on 212 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. Ajax Engineering's current ROA % of 21.68% is 468.3% 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 Ajax Engineering and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROA % is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajax Engineering's current ROA % is 21.68%, which is 36% above median its own 10-year median of 15.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajax Engineering stock overvalued right now?
Ajax Engineering (NSE:AJAXENGG) has a current ROA % of 21.68%. The current ROA % is 21.68%, which is 36% above median its 10-year median of 15.97 and 468.3% above the Farm & Heavy Construction Machinery industry median of 3.82. Ajax Engineering's overall GF Score™ is 32/100 with 1 warning sign 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 Ajax Engineering (NSE:AJAXENGG), the current ROA % is 21.68% 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.
Ajax Engineering Ltd concrete equipment manufacturer with a comprehensive range of concrete equipment, services and solutions across the concrete application value chain.
32GF Score
Get the complete analysis for NSE:AJAXENGG
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:AJAXENGG has been successfully added to your 
