Avenue SupermartsNSE:DMART -0.95%98 ROA % is 8.90% as of Mar. 2026, which is 28% below its 10-year median of 12.41. GuruFocus rates NSE:DMART with a GF Score™ of 98/100 and a GF Value™ of ₹5,526.62 (Modestly Undervalued). Among 312 Retail - Defensive companies, Avenue Supermarts ranks better than 90.06% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Avenue Supermarts's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹26,264 Mil.
Avenue Supermarts's average Total Assets over the quarter that ended in Mar. 2026 was ₹295,243 Mil. Therefore, Avenue Supermarts's annualized ROA % for the quarter that ended in Mar. 2026 was 8.90%.
The historical rank and industry rank for Avenue Supermarts's ROA % or its related term are showing as below:
NSE:DMART'
s ROA % Range Over the Past 10 Years
Min: 8.55 Med: 12.41 Max: 14.26
Current: 11.03
During the past 13 years, Avenue Supermarts's highest ROA % was 14.26%. The lowest was 8.55%. And the median was 12.41%.
NSE:DMART's ROA % is ranked better than 90.06% of 312
companies
in the Retail - Defensive industry
Industry Median: 3.56
vs NSE:DMART: 11.03
Avenue Supermarts (NSE:DMART) 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.
Avenue Supermarts ROA % Related Terms
Avenue Supermarts ROA % Historical Data
* Premium members only.
The historical data trend for Avenue Supermarts'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 Discount Stores subindustry, Avenue Supermarts'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.
Avenue Supermarts ROA % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Avenue Supermarts's ROA % distribution charts can be found below:
* The bar in red indicates where Avenue Supermarts'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.
Avenue Supermarts (NSE:DMART) has a ROA % of 8.90% 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 Avenue Supermarts and its competitors. This is 28% below median its historical median of 12.41. Over the past decade, Avenue Supermarts' ROA % has ranged from 8.55 to 14.26. According to the industry distribution chart, Avenue Supermarts ranks #31 out of 312 companies in the Retail - Defensive industry, placing it in the top 9.9%.
Is Avenue Supermarts' ROA % too high?
Avenue Supermarts' current ROA % of 8.90% is 28% below median its 10-year median of 12.41. Over the past 10 years, this metric has ranged from a low of 8.55 to a high of 14.26. The Retail - Defensive industry median ROA % is 3.56. Avenue Supermarts' value of 8.90% is 150% above this industry median. Based on the distribution chart, Avenue Supermarts ranks #31 out of 312 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Avenue Supermarts has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avenue Supermarts' ROA % compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Avenue Supermarts ranks #31 out of 312 companies for ROA %. This places Avenue Supermarts in the top 10% of its industry — outperforming the majority of peers. The industry median ROA % is 3.56. Avenue Supermarts' value of 8.90% is 150% above this benchmark. Historically, Avenue Supermarts' own ROA % has ranged from 8.55 to 14.26 over the past decade. While the company's 10-year median is 12.41 vs. the industry median of 3.56, Avenue Supermarts 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 Retail - Defensive company?
The median ROA % among Retail - Defensive companies is 3.56, based on 312 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. Avenue Supermarts's current ROA % of 8.90% is 150% 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 Avenue Supermarts and its competitors. For the Retail - Defensive industry, the median ROA % is 3.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avenue Supermarts's current ROA % is 8.90%, which is 28% below median its own 10-year median of 12.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avenue Supermarts stock overvalued right now?
Based on GuruFocus' analysis, Avenue Supermarts (NSE:DMART) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹5,526.62, compared to a current price of ₹4,294.60 — trading 22.3% below its estimated fair value. The current ROA % is 8.90%, which is 28% below median its 10-year median of 12.41 and 150% above the Retail - Defensive industry median of 3.56. Avenue Supermarts' overall GF Score™ is 98/100. 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 Avenue Supermarts (NSE:DMART), the current ROA % is 8.90% 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 Avenue Supermarts (NSE:DMART) Overvalued in 2026?
Based on GuruFocus' analysis, Avenue Supermarts stock appears to be undervalued.
The current stock price of ₹4,294.60 is trading 22.3% below its estimated GF Value™ of ₹5,526.62.
GuruFocus considers Avenue Supermarts to be Modestly Undervalued.
Key valuation signals for NSE:DMART:
ROA %: 8.90% (28% below median its 10-year median of 12.41)
GF Value™: ₹5,526.62 vs. price of ₹4,294.60 (22.3% below fair value)
Industry Position: 150% above the Retail - Defensive median (#31 of 312)
No single metric tells the full story. See the NSE:DMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avenue Supermarts Ltd is an India-based company engaged in the business of organized retail and operates supermarkets under the brand name of D-Mart. It provides products under the categories of Foods, Non-Foods (FMCG) and General Merchandise and Apparel. Foods category includes products such as dairy, staples, groceries, snacks, frozen products, processed foods, beverages and confectionary and fruits and vegetables. Non-Foods (FMCG) comprises home care products, personal care products, toiletries and other over-the-counter products. General Merchandise and Apparel include bed and bath, toys and games, crockery, plastic goods, garments, footwear, utensils and home appliances. The business operations of the company are principally carried out in India.
98GF Score
Get the complete analysis for NSE:DMART
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:DMART has been successfully added to your 
