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De Nora IndiaNSE:DENORA -3.23%77 ROA % is 15.99% as of Jun. 2026, which is 141% above its 10-year median of 6.64. GuruFocus rates NSE:DENORA with a GF Score™ of 77/100 and a GF Value™ of ₹1,608.03 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 3,076 Industrial Products companies, De Nora India ranks better than 78.74% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. De Nora India's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹256 Mil.
De Nora India's average Total Assets over the quarter that ended in Jun. 2026 was ₹1,598 Mil. Therefore, De Nora India's annualized ROA % for the quarter that ended in Jun. 2026 was 15.99%.
The historical rank and industry rank for De Nora India's ROA % or its related term are showing as below:
NSE:DENORA'
s ROA % Range Over the Past 10 Years
Min: 1.26 Med: 6.64 Max: 19.38
Current: 7.67
During the past 13 years, De Nora India's highest ROA % was 19.38%. The lowest was 1.26%. And the median was 6.64%.
NSE:DENORA's ROA % is ranked better than 78.74% of 3076
companies
in the Industrial Products industry
Industry Median: 3.13
vs NSE:DENORA: 7.67
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 (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
De Nora India ROA % Related Terms
De Nora India ROA % Historical Data
* Premium members only.
The historical data trend for De Nora India'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 Electrical Equipment & Parts subindustry, De Nora India'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.
De Nora India ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, De Nora India's ROA % distribution charts can be found below:
* The bar in red indicates where De Nora India'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 (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
De Nora India (NSE:DENORA) has a ROA % of 15.99% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on De Nora India and its competitors. This is 141% above median its historical median of 6.64. Over the past decade, De Nora India's ROA % has ranged from 1.26 to 19.38. According to the industry distribution chart, De Nora India ranks #654 out of 3076 companies in the Industrial Products industry, placing it in the top 21.3%.
Is De Nora India's ROA % too high?
De Nora India's current ROA % of 15.99% is 141% above median its 10-year median of 6.64. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 19.38. The Industrial Products industry median ROA % is 3.13. De Nora India's value of 15.99% is 410.9% above this industry median. Based on the distribution chart, De Nora India ranks #654 out of 3076 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, De Nora India has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does De Nora India's ROA % compare to VRT and BE?
According to the Industrial Products industry distribution chart, De Nora India ranks #654 out of 3076 companies for ROA %. This places De Nora India in the top 21% of its industry — outperforming the majority of peers. The industry median ROA % is 3.13. De Nora India's value of 15.99% is 410.9% above this benchmark. Historically, De Nora India's own ROA % has ranged from 1.26 to 19.38 over the past decade. While the company's 10-year median is 6.64 vs. the industry median of 3.13, De Nora India 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 3.13, based on 3,076 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. De Nora India's current ROA % of 15.99% is 410.9% 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 De Nora India and its competitors. For the Industrial Products industry, the median ROA % is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. De Nora India's current ROA % is 15.99%, which is 141% above median its own 10-year median of 6.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is De Nora India stock overvalued right now?
Based on GuruFocus' analysis, De Nora India (NSE:DENORA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,608.03, compared to a current price of ₹846.30 — trading 47.4% below its estimated fair value. The current ROA % is 15.99%, which is 141% above median its 10-year median of 6.64 and 410.9% above the Industrial Products industry median of 3.13. De Nora India's overall GF Score™ is 77/100 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 De Nora India (NSE:DENORA), the current ROA % is 15.99% as of Jun. 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 De Nora India (NSE:DENORA) Overvalued in 2026?
Based on GuruFocus' analysis, De Nora India stock appears to be undervalued.
The current stock price of ₹846.30 is trading 47.4% below its estimated GF Value™ of ₹1,608.03.
GuruFocus considers De Nora India to be Significantly Undervalued.
Key valuation signals for NSE:DENORA:
ROA %: 15.99% (141% above median its 10-year median of 6.64)
GF Value™: ₹1,608.03 vs. price of ₹846.30 (47.4% below fair value)
Industry Position: 410.9% above the Industrial Products median (#654 of 3076)
No single metric tells the full story. See the NSE:DENORA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
De Nora India Ltd is principally engaged in the manufacturing of Electrolytic Products, including anodes, cathodes, electrochlorinators, and Water Technology products. It operates as a single integrated business unit. The company generates the majority of its revenue from the Sale of services. Geographically, the company generates the majority of its revenue from India.
77GF Score
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