Galaxy MedicareNSE:GML -3.51%19 ROA % is 5.94% as of Mar. 2026, which is 30% below its 10-year median of 8.52. GuruFocus rates NSE:GML with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 857 Medical Devices & Instruments companies, Galaxy Medicare ranks better than 81.68% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Galaxy Medicare's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹28.0 Mil.
Galaxy Medicare's average Total Assets over the quarter that ended in Mar. 2026 was ₹471.0 Mil. Therefore, Galaxy Medicare's annualized ROA % for the quarter that ended in Mar. 2026 was 5.94%.
The historical rank and industry rank for Galaxy Medicare's ROA % or its related term are showing as below:
NSE:GML'
s ROA % Range Over the Past 10 Years
Min: -0.7 Med: 8.52 Max: 11.43
Current: 8.16
During the past 5 years, Galaxy Medicare's highest ROA % was 11.43%. The lowest was -0.70%. And the median was 8.52%.
NSE:GML's ROA % is ranked better than 81.68% of 857
companies
in the Medical Devices & Instruments industry
Industry Median: 0.56
vs NSE:GML: 8.16
Galaxy Medicare (NSE:GML) 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 two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
Galaxy Medicare ROA % Related Terms
Galaxy Medicare ROA % Historical Data
* Premium members only.
The historical data trend for Galaxy Medicare'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 Medical Instruments & Supplies subindustry, Galaxy Medicare'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.
Galaxy Medicare ROA % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Galaxy Medicare's ROA % distribution charts can be found below:
* The bar in red indicates where Galaxy Medicare'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 two times the semi-annual (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Galaxy Medicare (NSE:GML) has a ROA % of 5.94% 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 Galaxy Medicare and its competitors. This is 30% below median its historical median of 8.52. According to the industry distribution chart, Galaxy Medicare ranks #157 out of 857 companies in the Medical Devices & Instruments industry, placing it in the top 18.3%.
Is Galaxy Medicare's ROA % too high?
Galaxy Medicare's current ROA % of 5.94% is 30% below median its 10-year median of 8.52. The Medical Devices & Instruments industry median ROA % is 0.56. Galaxy Medicare's value of 5.94% is 960.7% above this industry median. Based on the distribution chart, Galaxy Medicare ranks #157 out of 857 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Galaxy Medicare has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Galaxy Medicare's ROA % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Galaxy Medicare ranks #157 out of 857 companies for ROA %. This places Galaxy Medicare in the top 18% of its industry — outperforming the majority of peers. The industry median ROA % is 0.56. Galaxy Medicare's value of 5.94% is 960.7% above this benchmark. While the company's 10-year median is 8.52 vs. the industry median of 0.56, Galaxy Medicare 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 Medical Devices & Instruments company?
The median ROA % among Medical Devices & Instruments companies is 0.56, based on 857 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. Galaxy Medicare's current ROA % of 5.94% is 960.7% 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 Galaxy Medicare and its competitors. For the Medical Devices & Instruments industry, the median ROA % is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galaxy Medicare's current ROA % is 5.94%, which is 30% below median its own 10-year median of 8.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galaxy Medicare stock overvalued right now?
Galaxy Medicare (NSE:GML) has a current ROA % of 5.94%. The current ROA % is 5.94%, which is 30% below median its 10-year median of 8.52 and 960.7% above the Medical Devices & Instruments industry median of 0.56. Galaxy Medicare's overall GF Score™ is 19/100 with 2 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 Galaxy Medicare (NSE:GML), the current ROA % is 5.94% 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.
Galaxy Medicare Ltd is engaged into the manufacturing, trading and exporting of Medical Devices, Plasters of Paris Bandages (POP Bandage) and Other surgical dressings in India. Its business encompass: Manufacturing and Branding of its own products under its flagship brands i.e. POP BAND, POP CAST, G CAST, GYPSOSOFT, GYPSOPLAST, CARETAPE, GYPSOCREPE, CARECREPE, CAREPORE GYPSONET, GYPSOCHLOR, FIXCAN ETC.
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