JSW CementNSE:JSWCEMENT -0.03%12 ROA % is 10.22% as of Mar. 2026. GuruFocus rates NSE:JSWCEMENT with a GF Score™ of 12/100. The stock has 4 warning signs investors should review. Among 411 Building Materials companies, JSW Cement ranks better than 64.48% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. JSW Cement's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹14,853 Mil.
JSW Cement's average Total Assets over the quarter that ended in Mar. 2026 was ₹145,355 Mil. Therefore, JSW Cement's annualized ROA % for the quarter that ended in Mar. 2026 was 10.22%.
The historical rank and industry rank for JSW Cement's ROA % or its related term are showing as below:
NSE:JSWCEMENT'
s ROA % Range Over the Past 10 Years
Min: -5.7 Med: -0.08 Max: 4.43
Current: 4.43
During the past 4 years, JSW Cement's highest ROA % was 4.43%. The lowest was -5.70%. And the median was -0.08%.
NSE:JSWCEMENT's ROA % is ranked better than 64.48% of 411
companies
in the Building Materials industry
Industry Median: 2.35
vs NSE:JSWCEMENT: 4.43
JSW Cement (NSE:JSWCEMENT) 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.
JSW Cement ROA % Related Terms
JSW Cement ROA % Historical Data
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The historical data trend for JSW Cement'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 Building Materials subindustry, JSW Cement'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.
JSW Cement ROA % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, JSW Cement's ROA % distribution charts can be found below:
* The bar in red indicates where JSW Cement'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.
JSW Cement (NSE:JSWCEMENT) has a ROA % of 10.22% 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 JSW Cement and its competitors. According to the industry distribution chart, JSW Cement ranks #146 out of 411 companies in the Building Materials industry, placing it in the top 35.5%.
Is JSW Cement's ROA % too high?
JSW Cement's current ROA % is 10.22%. The Building Materials industry median ROA % is 2.35. JSW Cement's value of 10.22% is 334.9% above this industry median. Based on the distribution chart, JSW Cement ranks #146 out of 411 companies in the Building Materials industry, which is above the industry midpoint. Overall, JSW Cement has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does JSW Cement's ROA % compare to CRH and VMC?
According to the Building Materials industry distribution chart, JSW Cement ranks #146 out of 411 companies for ROA %. This puts JSW Cement in the upper half of its industry. The industry median ROA % is 2.35. JSW Cement's value of 10.22% is 334.9% above this benchmark. 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 Building Materials company?
The median ROA % among Building Materials companies is 2.35, based on 411 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. JSW Cement's current ROA % of 10.22% is 334.9% 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 JSW Cement and its competitors. For the Building Materials industry, the median ROA % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Cement's current ROA % is 10.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Cement stock overvalued right now?
JSW Cement (NSE:JSWCEMENT) has a current ROA % of 10.22%. The current ROA % is 10.22% and 334.9% above the Building Materials industry median of 2.35. JSW Cement's overall GF Score™ is 12/100 with 4 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 JSW Cement (NSE:JSWCEMENT), the current ROA % is 10.22% 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.
JSW Cement Ltd is a cement company based in India. Its products include: Cement, additives, plaster, aggregates, ready-mix concrete, cementitious materials.
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