Goldstar Power (NSE:GOLDSTAR) ROA %: 4.33% (As of Mar. 2025) — 147% Above Median


NSE:GOLDSTAR Goldstar Power Ltd NSE:GOLDSTAR
66 GF Score
Price ₹7.85
GF Value ₹10.86
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Goldstar Power ROA %?

Goldstar Power NSE:GOLDSTAR 66 ROA % is 4.33% as of Mar. 2025, which is 147% above its 10-year median of 1.75. GuruFocus rates NSE:GOLDSTAR with a GF Score™ of 66/100 and a GF Value™ of ₹10.86 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 3,081 Industrial Products companies, Goldstar Power ranks better than 59.4% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Goldstar Power's annualized Net Income for the quarter that ended in Mar. 2025 was ₹22.8 Mil. Goldstar Power's average Total Assets over the quarter that ended in Mar. 2025 was ₹526.4 Mil. Therefore, Goldstar Power's annualized ROA % for the quarter that ended in Mar. 2025 was 4.33%.

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

NSE:GOLDSTAR' s ROA % Range Over the Past 10 Years
Min: -1.09   Med: 1.75   Max: 8.23
Current: 4.33

During the past 13 years, Goldstar Power's highest ROA % was 8.23%. The lowest was -1.09%. And the median was 1.75%.

NSE:GOLDSTAR's ROA % is ranked better than
59.4% of 3081 companies
in the Industrial Products industry
Industry Median: 3.06 vs NSE:GOLDSTAR: 4.33

Goldstar Power  (NSE:GOLDSTAR) 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: Mar. 2025 )
=Net Income/Total Assets
=22.8/526.3825
=(Net Income / Revenue)*(Revenue / Total Assets)
=(22.8 / 483.427)*(483.427 / 526.3825)
=Net Margin %*Asset Turnover
=4.72 %*0.9184
=4.33 %

Note: The Net Income data used here is one times the annual (Mar. 2025) net income data. The Revenue data used here is one times the annual (Mar. 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.


Goldstar Power ROA % Related Terms


Goldstar Power ROA % Historical Data

* Premium members only.

The historical data trend for Goldstar Power'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.

Goldstar Power ROA % Chart

Goldstar Power 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 0.22 1.73 8.22 8.23 4.33

Goldstar Power Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 1.73 8.22 8.23 4.33

NSE:GOLDSTAR vs VRT, BE: ROA % Comparison

For the Electrical Equipment & Parts subindustry, Goldstar Power'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.


Goldstar Power ROA % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goldstar Power's ROA % distribution charts can be found below:

* The bar in red indicates where Goldstar Power's ROA % falls into.


NSE:GOLDSTAR
66GF Score
Goldstar Power Ltd NSE:GOLDSTAR
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goldstar Power ROA % Calculation

Goldstar Power'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 )
=22.8/( (538.433+514.332)/ 2 )
=22.8/526.3825
=4.33 %

Goldstar Power's annualized ROA % for the quarter that ended in Mar. 2025 is calculated as:

ROA %=Net Income (Q: Mar. 2025 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=22.8/( (538.433+514.332)/ 2 )
=22.8/526.3825
=4.33 %

* 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 one times the annual (Mar. 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 4.33% mean?
Goldstar Power (NSE:GOLDSTAR) has a ROA % of 4.33% as of Mar. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Goldstar Power and its competitors. This is 147% above median its historical median of 1.75. According to the industry distribution chart, Goldstar Power ranks #1251 out of 3081 companies in the Industrial Products industry, placing it in the top 40.6%.
Is Goldstar Power's ROA % too high?
Goldstar Power's current ROA % of 4.33% is 147% above median its 10-year median of 1.75. The Industrial Products industry median ROA % is 3.06. Goldstar Power's value of 4.33% is 41.5% above this industry median. Based on the distribution chart, Goldstar Power ranks #1251 out of 3081 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Goldstar Power has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldstar Power's ROA % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Goldstar Power ranks #1251 out of 3081 companies for ROA %. This puts Goldstar Power in the upper half of its industry. The industry median ROA % is 3.06. Goldstar Power's value of 4.33% is 41.5% above this benchmark. While the company's 10-year median is 1.75 vs. the industry median of 3.06, Goldstar Power 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 3.06, based on 3,081 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. Goldstar Power's current ROA % of 4.33% is 41.5% 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 Goldstar Power and its competitors. For the Industrial Products industry, the median ROA % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldstar Power's current ROA % is 4.33%, which is 147% above median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldstar Power stock overvalued right now?
Based on GuruFocus' analysis, Goldstar Power (NSE:GOLDSTAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹10.86, compared to a current price of ₹7.85 — trading 27.7% below its estimated fair value. The current ROA % is 4.33%, which is 147% above median its 10-year median of 1.75 and 41.5% above the Industrial Products industry median of 3.06. Goldstar Power's overall GF Score™ is 66/100 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 Goldstar Power (NSE:GOLDSTAR), the current ROA % is 4.33% as of Mar. 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 Goldstar Power (NSE:GOLDSTAR) Overvalued in 2026?

Based on GuruFocus' analysis, Goldstar Power stock appears to be undervalued. The current stock price of ₹7.85 is trading 27.7% below its estimated GF Value™ of ₹10.86. GuruFocus considers Goldstar Power to be Modestly Undervalued.

Key valuation signals for NSE:GOLDSTAR:

  • ROA %: 4.33% (147% above median its 10-year median of 1.75)
  • GF Value™: ₹10.86 vs. price of ₹7.85 (27.7% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 41.5% above the Industrial Products median (#1251 of 3081)

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


Goldstar Power Business Description

Address Rajkot Highway, Behind Ravi Petrol Pump, At & Post Hapa, Jamanagar, GJ, IND, 361120
Goldstar Power Ltd is a battery manufacturing company. It sells its products under the brand GOLDSTAR that includes Fully Automotive Batteries for Car, Tractor, and Heavy Duty Trucks, Tubular Batteries for E-Rickshaw, SMF-VRLA Batteries for UPS Application, Motorcycle Batteries, Solar Batteries, Pure Lead, and Alloy. The company has two reportable segments: Manufacturing of Battery, Lead Alloy, and Trading of Inverter, Chemicals & other battery related equipment. Key revenue is generated from the Manufacturing of Battery, Lead Alloy segment.
66GF Score

Get the complete analysis for NSE:GOLDSTAR

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

₹7.85
Price
₹10.86
GF Value