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IC Electricals CoNSE:ICELCO +1.35%17 ROA % is 7.96% as of Mar. 2026, which is 67% above its 10-year median of 4.77. GuruFocus rates NSE:ICELCO with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 1,018 Transportation companies, IC Electricals Co ranks better than 80.06% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. IC Electricals Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹141 Mil.
IC Electricals Co's average Total Assets over the quarter that ended in Mar. 2026 was ₹1,767 Mil. Therefore, IC Electricals Co's annualized ROA % for the quarter that ended in Mar. 2026 was 7.96%.
The historical rank and industry rank for IC Electricals Co's ROA % or its related term are showing as below:
NSE:ICELCO'
s ROA % Range Over the Past 10 Years
Min: 1.33 Med: 4.77 Max: 7.96
Current: 7.96
During the past 4 years, IC Electricals Co's highest ROA % was 7.96%. The lowest was 1.33%. And the median was 4.77%.
NSE:ICELCO's ROA % is ranked better than 80.06% of 1018
companies
in the Transportation industry
Industry Median: 3.535
vs NSE:ICELCO: 7.96
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 one times the annual (Mar. 2026) net income data. The Revenue data used here is one times the 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.
IC Electricals Co ROA % Related Terms
IC Electricals Co ROA % Historical Data
* Premium members only.
The historical data trend for IC Electricals Co'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.
IC Electricals Co ROA % Chart
IC Electricals Co Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
ROA %
1.33
3.36
6.17
7.96
IC Electricals Co Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
ROA %
1.33
3.36
6.17
7.96
NSE:ICELCO vs UNP, CSX, NSC: ROA % Comparison
For the Railroads subindustry, IC Electricals Co'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.
IC Electricals Co ROA % vs Transportation Industry
For the Transportation industry and Industrials sector, IC Electricals Co's ROA % distribution charts can be found below:
* The bar in red indicates where IC Electricals Co'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 one times the annual (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
IC Electricals Co (NSE:ICELCO) has a ROA % of 7.96% 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 IC Electricals Co and its competitors. This is 67% above median its historical median of 4.77. Over the past decade, IC Electricals Co's ROA % has ranged from 1.33 to 7.96. According to the industry distribution chart, IC Electricals Co ranks #203 out of 1018 companies in the Transportation industry, placing it in the top 19.9%.
Is IC Electricals Co's ROA % too high?
IC Electricals Co's current ROA % of 7.96% is 67% above median its 10-year median of 4.77. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 7.96. The Transportation industry median ROA % is 3.54. IC Electricals Co's value of 7.96% is 125.2% above this industry median. Based on the distribution chart, IC Electricals Co ranks #203 out of 1018 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, IC Electricals Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does IC Electricals Co's ROA % compare to UNP and CSX?
According to the Transportation industry distribution chart, IC Electricals Co ranks #203 out of 1018 companies for ROA %. This places IC Electricals Co in the top 20% of its industry — outperforming the majority of peers. The industry median ROA % is 3.54. IC Electricals Co's value of 7.96% is 125.2% above this benchmark. Historically, IC Electricals Co's own ROA % has ranged from 1.33 to 7.96 over the past decade. While the company's 10-year median is 4.77 vs. the industry median of 3.54, IC Electricals Co 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 Transportation company?
The median ROA % among Transportation companies is 3.54, based on 1,018 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. IC Electricals Co's current ROA % of 7.96% is 125.2% 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 IC Electricals Co and its competitors. For the Transportation industry, the median ROA % is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IC Electricals Co's current ROA % is 7.96%, which is 67% above median its own 10-year median of 4.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IC Electricals Co stock overvalued right now?
IC Electricals Co (NSE:ICELCO) has a current ROA % of 7.96%. The current ROA % is 7.96%, which is 67% above median its 10-year median of 4.77 and 125.2% above the Transportation industry median of 3.54. IC Electricals Co's overall GF Score™ is 17/100 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 IC Electricals Co (NSE:ICELCO), the current ROA % is 7.96% 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.
IC Electricals Co Ltd is engaged in the business of manufacturing of electronic equipment for Railways Application. Its offerings include various electronic products such as regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, and vigilance control devices, compliant with the latest technical standards. Additionally, the company also manufactures railway components, including alternators, traction motors, and permanent magnet alternators with controllers. The majority of its revenue is derived from the sale of electronic products to government departments and ministries such as Ministry of Railways.
17GF Score
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