Garware Technical FibresNSE:GARFIBRES +2.15%87 ROA % is 12.19% as of Mar. 2026, which is 1% above its 10-year median of 12.12. GuruFocus rates NSE:GARFIBRES with a GF Score™ of 87/100 and a GF Value™ of ₹824.27 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, Garware Technical Fibres ranks better than 91.46% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Garware Technical Fibres's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹2,290 Mil.
Garware Technical Fibres's average Total Assets over the quarter that ended in Mar. 2026 was ₹18,787 Mil. Therefore, Garware Technical Fibres's annualized ROA % for the quarter that ended in Mar. 2026 was 12.19%.
The historical rank and industry rank for Garware Technical Fibres's ROA % or its related term are showing as below:
NSE:GARFIBRES'
s ROA % Range Over the Past 10 Years
Min: 10.81 Med: 12.12 Max: 13.13
Current: 10.81
During the past 13 years, Garware Technical Fibres's highest ROA % was 13.13%. The lowest was 10.81%. And the median was 12.12%.
NSE:GARFIBRES's ROA % is ranked better than 91.46% of 1066
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.9
vs NSE:GARFIBRES: 10.81
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.
* 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 Textile Manufacturing subindustry, Garware Technical Fibres'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.
Garware Technical Fibres ROA % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Garware Technical Fibres's ROA % distribution charts can be found below:
* The bar in red indicates where Garware Technical Fibres'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.
Garware Technical Fibres (NSE:GARFIBRES) has a ROA % of 12.19% 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 Garware Technical Fibres and its competitors. This is near median its historical median of 12.12. Over the past decade, Garware Technical Fibres' ROA % has ranged from 10.81 to 13.13. According to the industry distribution chart, Garware Technical Fibres ranks #91 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 8.5%.
Is Garware Technical Fibres' ROA % too high?
Garware Technical Fibres' current ROA % of 12.19% is near median its 10-year median of 12.12. Over the past 10 years, this metric has ranged from a low of 10.81 to a high of 13.13. The Manufacturing - Apparel & Accessories industry median ROA % is 1.90. Garware Technical Fibres' value of 12.19% is 541.6% above this industry median. Based on the distribution chart, Garware Technical Fibres ranks #91 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Garware Technical Fibres has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Garware Technical Fibres' ROA % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Garware Technical Fibres ranks #91 out of 1066 companies for ROA %. This places Garware Technical Fibres in the top 9% of its industry — outperforming the majority of peers. The industry median ROA % is 1.90. Garware Technical Fibres' value of 12.19% is 541.6% above this benchmark. Historically, Garware Technical Fibres' own ROA % has ranged from 10.81 to 13.13 over the past decade. While the company's 10-year median is 12.12 vs. the industry median of 1.90, Garware Technical Fibres 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 Manufacturing - Apparel & Accessories company?
The median ROA % among Manufacturing - Apparel & Accessories companies is 1.90, based on 1,066 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. Garware Technical Fibres's current ROA % of 12.19% is 541.6% 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 Garware Technical Fibres and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garware Technical Fibres's current ROA % is 12.19%, which is near median its own 10-year median of 12.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Technical Fibres stock overvalued right now?
Based on GuruFocus' analysis, Garware Technical Fibres (NSE:GARFIBRES) is currently considered Fairly Valued. The stock's GF Value™ is ₹824.27, compared to a current price of ₹765.65 — trading 7.1% below its estimated fair value. The current ROA % is 12.19%, which is near median its 10-year median of 12.12 and 541.6% above the Manufacturing - Apparel & Accessories industry median of 1.90. Garware Technical Fibres' overall GF Score™ is 87/100 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 Garware Technical Fibres (NSE:GARFIBRES), the current ROA % is 12.19% 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 Garware Technical Fibres (NSE:GARFIBRES) Overvalued in 2026?
Based on GuruFocus' analysis, Garware Technical Fibres stock appears to be undervalued.
The current stock price of ₹765.65 is trading 7.1% below its estimated GF Value™ of ₹824.27.
GuruFocus considers Garware Technical Fibres to be Fairly Valued.
Key valuation signals for NSE:GARFIBRES:
ROA %: 12.19% (near median its 10-year median of 12.12)
GF Value™: ₹824.27 vs. price of ₹765.65 (7.1% below fair value)
Industry Position: 541.6% above the Manufacturing - Apparel & Accessories median (#91 of 1066)
No single metric tells the full story. See the NSE:GARFIBRES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garware Technical Fibres Ltd is involved in the textile business. It provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. The company and its subsidiaries manufacture and sell various products such as ropes, twine, yarn, fishnet, other nets, and technical textiles. Its operating segments are; Synthetic Cordage, and Fibre and Industrial Products and Projects. The maximum revenue is derived from its Synthetic Cordage segment. Geographically, the company caters to both domestic and international markets of which, maximum revenue is generated from international markets through its customers located outside India.
87GF Score
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