Felix Industries (NSE:FELIX) ROA %: 9.39% (As of Sep. 2025) — 156% Above Median


NSE:FELIX Felix Industries Ltd NSE:FELIX
81 GF Score
Price ₹186.75
GF Value ₹199.94
Valuation Fairly Valued
! 6 Warning Signs
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What is Felix Industries ROA %?

Felix Industries NSE:FELIX -2.45% 81 ROA % is 9.39% as of Sep. 2025, which is 156% above its 10-year median of 3.67. GuruFocus rates NSE:FELIX with a GF Score™ of 81/100 and a GF Value™ of ₹199.94 (Fairly Valued). The stock has 6 warning signs investors should review. Among 249 Waste Management companies, Felix Industries ranks better than 91.57% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Felix Industries's annualized Net Income for the quarter that ended in Sep. 2025 was ₹169.7 Mil. Felix Industries's average Total Assets over the quarter that ended in Sep. 2025 was ₹1,807.8 Mil. Therefore, Felix Industries's annualized ROA % for the quarter that ended in Sep. 2025 was 9.39%.

The historical rank and industry rank for Felix Industries's ROA % or its related term are showing as below:

NSE:FELIX' s ROA % Range Over the Past 10 Years
Min: -11.38   Med: 3.67   Max: 10.6
Current: 10.6

During the past 13 years, Felix Industries's highest ROA % was 10.60%. The lowest was -11.38%. And the median was 3.67%.

NSE:FELIX's ROA % is ranked better than
91.57% of 249 companies
in the Waste Management industry
Industry Median: 1.54 vs NSE:FELIX: 10.60

Felix Industries  (NSE:FELIX) 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 bank’s 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:

ROA %(Q: Sep. 2025 )
=Net Income/Total Assets
=169.664/1807.775
=(Net Income / Revenue)*(Revenue / Total Assets)
=(169.664 / 759.994)*(759.994 / 1807.775)
=Net Margin %*Asset Turnover
=22.32 %*0.4204
=9.39 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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.


Felix Industries ROA % Related Terms


Felix Industries ROA % Historical Data

* Premium members only.

The historical data trend for Felix Industries'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.

Felix Industries ROA % Chart

Felix Industries Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.50 6.15 5.90 9.92 8.09

Felix Industries Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.63 13.28 2.23 12.64 9.39

NSE:FELIX vs WM, RSG, WCN: ROA % Comparison

For the Waste Management subindustry, Felix 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.


Felix Industries ROA % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Felix Industries's ROA % distribution charts can be found below:

* The bar in red indicates where Felix Industries's ROA % falls into.


NSE:FELIX
81GF Score
Felix Industries Ltd NSE:FELIX
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Felix Industries ROA % Calculation

Felix Industries's annualized ROA % for the fiscal year that ended in Mar. 2025 is calculated as:

ROA %=Net Income (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=91.133/( (766.655+1486.536)/ 2 )
=91.133/1126.5955
=8.09 %

Felix Industries's annualized ROA % for the quarter that ended in Sep. 2025 is calculated as:

ROA %=Net Income (Q: Sep. 2025 )/( (Total Assets (Q: Mar. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=169.664/( (1486.536+2129.014)/ 2 )
=169.664/1807.775
=9.39 %

* 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 (Sep. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 9.39% mean?
Felix Industries (NSE:FELIX) has a ROA % of 9.39% as of Sep. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Felix Industries and its competitors. This is 156% above median its historical median of 3.67. According to the industry distribution chart, Felix Industries ranks #21 out of 249 companies in the Waste Management industry, placing it in the top 8.4%.
Is Felix Industries' ROA % too high?
Felix Industries' current ROA % of 9.39% is 156% above median its 10-year median of 3.67. The Waste Management industry median ROA % is 1.54. Felix Industries' value of 9.39% is 509.7% above this industry median. Based on the distribution chart, Felix Industries ranks #21 out of 249 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Felix Industries has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Felix Industries' ROA % compare to WM and RSG?
According to the Waste Management industry distribution chart, Felix Industries ranks #21 out of 249 companies for ROA %. This places Felix Industries in the top 8% of its industry — outperforming the majority of peers. The industry median ROA % is 1.54. Felix Industries' value of 9.39% is 509.7% above this benchmark. While the company's 10-year median is 3.67 vs. the industry median of 1.54, Felix 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 Waste Management company?
The median ROA % among Waste Management companies is 1.54, based on 249 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. Felix Industries's current ROA % of 9.39% is 509.7% 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 Felix Industries and its competitors. For the Waste Management industry, the median ROA % is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Felix Industries's current ROA % is 9.39%, which is 156% above median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Felix Industries stock overvalued right now?
Based on GuruFocus' analysis, Felix Industries (NSE:FELIX) is currently considered Fairly Valued. The stock's GF Value™ is ₹199.94, compared to a current price of ₹186.75 — trading 6.6% below its estimated fair value. The current ROA % is 9.39%, which is 156% above median its 10-year median of 3.67 and 509.7% above the Waste Management industry median of 1.54. Felix Industries' overall GF Score™ is 81/100 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 Felix Industries (NSE:FELIX), the current ROA % is 9.39% as of Sep. 2025. 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 Felix Industries (NSE:FELIX) Overvalued in 2026?

Based on GuruFocus' analysis, Felix Industries stock appears to be undervalued. The current stock price of ₹186.75 is trading 6.6% below its estimated GF Value™ of ₹199.94. GuruFocus considers Felix Industries to be Fairly Valued.

Key valuation signals for NSE:FELIX:

  • ROA %: 9.39% (156% above median its 10-year median of 3.67)
  • GF Value™: ₹199.94 vs. price of ₹186.75 (6.6% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 509.7% above the Waste Management median (#21 of 249)

No single metric tells the full story. See the NSE:FELIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Felix Industries Business Description

Address Piplaj Pirana Road, Plot No. 123, Devraj Industrial Park, Pirana, Ahmedabad, GJ, IND, 382405
Felix Industries Ltd is an Indian company engaged in water collection, treatment, and supply. It offers solutions for water and wastewater management by way of Reverse Osmosis Systems, Effluent Recycling Systems, and Zero Liquid Discharge Systems. The company provides services in the areas of water and wastewater engineering, industrial piping division, and E-waste recycling. The group operates in two different geographical territories, i.e., India and Oman. It generates the majority of its revenue within India.
81GF Score

Get the complete analysis for NSE:FELIX

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹186.75
Price
₹199.94
GF Value