Greenlam IndustriesNSE:GREENLAM +1.47%93 ROA % is 5.25% as of Mar. 2026, which is 22% below its 10-year median of 6.76. GuruFocus rates NSE:GREENLAM with a GF Score™ of 93/100 and a GF Value™ of ₹349.40 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Greenlam Industries ranks worse than 52.42% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Greenlam Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,578 Mil.
Greenlam Industries's average Total Assets over the quarter that ended in Mar. 2026 was ₹30,041 Mil. Therefore, Greenlam Industries's annualized ROA % for the quarter that ended in Mar. 2026 was 5.25%.
The historical rank and industry rank for Greenlam Industries's ROA % or its related term are showing as below:
NSE:GREENLAM'
s ROA % Range Over the Past 10 Years
Min: 1.9 Med: 6.76 Max: 8.75
Current: 1.9
During the past 13 years, Greenlam Industries's highest ROA % was 8.75%. The lowest was 1.90%. And the median was 6.76%.
NSE:GREENLAM's ROA % is ranked worse than 52.42% of 433
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.21
vs NSE:GREENLAM: 1.90
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.
Greenlam Industries ROA % Related Terms
Greenlam Industries ROA % Historical Data
* Premium members only.
The historical data trend for Greenlam 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.
For the Furnishings, Fixtures & Appliances subindustry, Greenlam 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.
Greenlam Industries ROA % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Greenlam Industries's ROA % distribution charts can be found below:
* The bar in red indicates where Greenlam Industries'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.
Greenlam Industries (NSE:GREENLAM) has a ROA % of 5.25% 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 Greenlam Industries and its competitors. This is 22% below median its historical median of 6.76. Over the past decade, Greenlam Industries' ROA % has ranged from 1.90 to 8.75. According to the industry distribution chart, Greenlam Industries ranks #227 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 52.4%.
Is Greenlam Industries' ROA % too high?
Greenlam Industries' current ROA % of 5.25% is 22% below median its 10-year median of 6.76. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 8.75. The Furnishings, Fixtures & Appliances industry median ROA % is 2.21. Greenlam Industries' value of 5.25% is 137.6% above this industry median. Based on the distribution chart, Greenlam Industries ranks #227 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Greenlam Industries has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greenlam Industries' ROA % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Greenlam Industries ranks #227 out of 433 companies for ROA %. This places Greenlam Industries in the lower half of its industry. The industry median ROA % is 2.21. Greenlam Industries' value of 5.25% is 137.6% above this benchmark. Historically, Greenlam Industries' own ROA % has ranged from 1.90 to 8.75 over the past decade. While the company's 10-year median is 6.76 vs. the industry median of 2.21, Greenlam 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 Furnishings, Fixtures & Appliances company?
The median ROA % among Furnishings, Fixtures & Appliances companies is 2.21, based on 433 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. Greenlam Industries's current ROA % of 5.25% is 137.6% 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 Greenlam Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROA % is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenlam Industries's current ROA % is 5.25%, which is 22% below median its own 10-year median of 6.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlam Industries stock overvalued right now?
Based on GuruFocus' analysis, Greenlam Industries (NSE:GREENLAM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹349.40, compared to a current price of ₹259.15 — trading 25.8% below its estimated fair value. The current ROA % is 5.25%, which is 22% below median its 10-year median of 6.76 and 137.6% above the Furnishings, Fixtures & Appliances industry median of 2.21. Greenlam Industries' overall GF Score™ is 93/100 with 5 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 Greenlam Industries (NSE:GREENLAM), the current ROA % is 5.25% 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 Greenlam Industries (NSE:GREENLAM) Overvalued in 2026?
Based on GuruFocus' analysis, Greenlam Industries stock appears to be undervalued.
The current stock price of ₹259.15 is trading 25.8% below its estimated GF Value™ of ₹349.40.
GuruFocus considers Greenlam Industries to be Modestly Undervalued.
Key valuation signals for NSE:GREENLAM:
ROA %: 5.25% (22% below median its 10-year median of 6.76)
GF Value™: ₹349.40 vs. price of ₹259.15 (25.8% below fair value)
Industry Position: 137.6% above the Furnishings, Fixtures & Appliances median (#227 of 433)
No single metric tells the full story. See the NSE:GREENLAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greenlam Industries Ltd d in the business of manufacturing laminates, decorative veneers, engineered wooden Flooring and Doors, and Plywood and allied products through its factories. The firm offers its products under the Greenlam Laminates, Greenlam Clads, NewMika Laminates, NewMika FX, Mikasa Decowood Veneers, and Other brand names. The operating segments of the company are Laminate and Allied products, Veneer and Allied products, and Plywood and Allied products. It generates the majority of its revenue from the Laminate and Allied products segment, which is engaged in the business of manufacturing Laminates and compact laminates. Geographically, the group has a business presence in India and Outside India, of which a majority of its revenue is derived from India.
93GF Score
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