INOX Green Energy ServicesNSE:INOXGREEN -0.04%75 ROA % is 5.26% as of Mar. 2026, which is 4682% above its 10-year median of 0.11. GuruFocus rates NSE:INOXGREEN with a GF Score™ of 75/100 and a GF Value™ of ₹173.61 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 448 Utilities - Independent Power Producers companies, INOX Green Energy Services ranks better than 75.89% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. INOX Green Energy Services's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,112 Mil.
INOX Green Energy Services's average Total Assets over the quarter that ended in Mar. 2026 was ₹21,129 Mil. Therefore, INOX Green Energy Services's annualized ROA % for the quarter that ended in Mar. 2026 was 5.26%.
The historical rank and industry rank for INOX Green Energy Services's ROA % or its related term are showing as below:
NSE:INOXGREEN'
s ROA % Range Over the Past 10 Years
Min: -4.65 Med: 0.11 Max: 4.45
Current: 4.35
During the past 7 years, INOX Green Energy Services's highest ROA % was 4.45%. The lowest was -4.65%. And the median was 0.11%.
NSE:INOXGREEN's ROA % is ranked better than 75.89% of 448
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.12
vs NSE:INOXGREEN: 4.35
INOX Green Energy Services (NSE:INOXGREEN) 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 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.
INOX Green Energy Services ROA % Competitor Comparison
For the Utilities - Renewable subindustry, INOX Green Energy Services'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.
INOX Green Energy Services ROA % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, INOX Green Energy Services's ROA % distribution charts can be found below:
* The bar in red indicates where INOX Green Energy Services'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.
INOX Green Energy Services (NSE:INOXGREEN) has a ROA % of 5.26% 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 INOX Green Energy Services and its competitors. This is 4682% above median its historical median of 0.11. According to the industry distribution chart, INOX Green Energy Services ranks #108 out of 448 companies in the Utilities - Independent Power Producers industry, placing it in the top 24.1%.
Is INOX Green Energy Services' ROA % too high?
INOX Green Energy Services' current ROA % of 5.26% is 4682% above median its 10-year median of 0.11. The Utilities - Independent Power Producers industry median ROA % is 1.12. INOX Green Energy Services' value of 5.26% is 369.6% above this industry median. Based on the distribution chart, INOX Green Energy Services ranks #108 out of 448 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, INOX Green Energy Services has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does INOX Green Energy Services' ROA % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, INOX Green Energy Services ranks #108 out of 448 companies for ROA %. This places INOX Green Energy Services in the top 24% of its industry — outperforming the majority of peers. The industry median ROA % is 1.12. INOX Green Energy Services' value of 5.26% is 369.6% above this benchmark. While the company's 10-year median is 0.11 vs. the industry median of 1.12, INOX Green Energy Services 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 Utilities - Independent Power Producers company?
The median ROA % among Utilities - Independent Power Producers companies is 1.12, based on 448 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. INOX Green Energy Services's current ROA % of 5.26% is 369.6% 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 INOX Green Energy Services and its competitors. For the Utilities - Independent Power Producers industry, the median ROA % is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INOX Green Energy Services's current ROA % is 5.26%, which is 4682% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INOX Green Energy Services stock overvalued right now?
Based on GuruFocus' analysis, INOX Green Energy Services (NSE:INOXGREEN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹173.61, compared to a current price of ₹199.94 — trading 15.2% above its estimated fair value. The current ROA % is 5.26%, which is 4682% above median its 10-year median of 0.11 and 369.6% above the Utilities - Independent Power Producers industry median of 1.12. INOX Green Energy Services' overall GF Score™ is 75/100 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 INOX Green Energy Services (NSE:INOXGREEN), the current ROA % is 5.26% 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 INOX Green Energy Services (NSE:INOXGREEN) Overvalued in 2026?
Based on GuruFocus' analysis, INOX Green Energy Services stock appears to be overvalued.
The current stock price of ₹199.94 is trading 15.2% above its estimated GF Value™ of ₹173.61.
GuruFocus considers INOX Green Energy Services to be Modestly Overvalued.
Key valuation signals for NSE:INOXGREEN:
ROA %: 5.26% (4682% above median its 10-year median of 0.11)
GF Value™: ₹173.61 vs. price of ₹199.94 (15.2% above fair value)
Industry Position: 369.6% above the Utilities - Independent Power Producers median (#108 of 448)
No single metric tells the full story. See the NSE:INOXGREEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
INOX Green Energy Services Ltd is a wind power operation and maintenance (O&M) service provider within India. It is engaged in the business of providing long-term O&M services for wind projects, specifically the provision of O&M services for wind turbine generators and common infrastructure facilities. The company generates almost all of its revenue from the sale of services.
75GF Score
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