JSW HoldingsNSE:JSWHL -0.47%78 ROA % is 0.15% as of Mar. 2026, which is 83% below its 10-year median of 0.87. GuruFocus rates NSE:JSWHL with a GF Score™ of 78/100 and a GF Value™ of ₹10,041.56 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 565 Conglomerates companies, JSW Holdings ranks worse than 70.8% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. JSW Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹542 Mil.
JSW Holdings's average Total Assets over the quarter that ended in Mar. 2026 was ₹372,026 Mil. Therefore, JSW Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 0.15%.
The historical rank and industry rank for JSW Holdings's ROA % or its related term are showing as below:
NSE:JSWHL'
s ROA % Range Over the Past 10 Years
Min: 0.4 Med: 0.87 Max: 1.48
Current: 0.4
During the past 13 years, JSW Holdings's highest ROA % was 1.48%. The lowest was 0.40%. And the median was 0.87%.
NSE:JSWHL's ROA % is ranked worse than 70.8% of 565
companies
in the Conglomerates industry
Industry Median: 2.46
vs NSE:JSWHL: 0.40
JSW Holdings (NSE:JSWHL) 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 Holdings ROA % Related Terms
JSW Holdings ROA % Historical Data
* Premium members only.
The historical data trend for JSW Holdings'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 Conglomerates subindustry, JSW Holdings'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 Holdings ROA % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, JSW Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where JSW Holdings'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 Holdings (NSE:JSWHL) has a ROA % of 0.15% 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 Holdings and its competitors. This is 83% below median its historical median of 0.87. Over the past decade, JSW Holdings' ROA % has ranged from 0.40 to 1.48. According to the industry distribution chart, JSW Holdings ranks #400 out of 565 companies in the Conglomerates industry, placing it in the top 70.8%.
Is JSW Holdings' ROA % too high?
JSW Holdings' current ROA % of 0.15% is 83% below median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.48. The Conglomerates industry median ROA % is 2.46. JSW Holdings' value of 0.15% is 93.9% below this industry median. Based on the distribution chart, JSW Holdings ranks #400 out of 565 companies in the Conglomerates industry, which is below the industry midpoint. Overall, JSW Holdings has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JSW Holdings' ROA % compare to HON and MMM?
According to the Conglomerates industry distribution chart, JSW Holdings ranks #400 out of 565 companies for ROA %. This places JSW Holdings in the lower half of its industry. The industry median ROA % is 2.46. JSW Holdings' value of 0.15% is 93.9% below this benchmark. Historically, JSW Holdings' own ROA % has ranged from 0.40 to 1.48 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 2.46, JSW Holdings has consistently been below 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 Conglomerates company?
The median ROA % among Conglomerates companies is 2.46, based on 565 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 Holdings's current ROA % of 0.15% is 93.9% below 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 Holdings and its competitors. For the Conglomerates industry, the median ROA % is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Holdings's current ROA % is 0.15%, which is 83% below median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Holdings stock overvalued right now?
Based on GuruFocus' analysis, JSW Holdings (NSE:JSWHL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹10,041.56, compared to a current price of ₹12,150.00 — trading 21% above its estimated fair value. The current ROA % is 0.15%, which is 83% below median its 10-year median of 0.87 and 93.9% below the Conglomerates industry median of 2.46. JSW Holdings' overall GF Score™ is 78/100 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 JSW Holdings (NSE:JSWHL), the current ROA % is 0.15% 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 JSW Holdings (NSE:JSWHL) Overvalued in 2026?
Based on GuruFocus' analysis, JSW Holdings stock appears to be overvalued.
The current stock price of ₹12,150.00 is trading 21% above its estimated GF Value™ of ₹10,041.56.
GuruFocus considers JSW Holdings to be Modestly Overvalued.
Key valuation signals for NSE:JSWHL:
ROA %: 0.15% (83% below median its 10-year median of 0.87)
GF Value™: ₹10,041.56 vs. price of ₹12,150.00 (21% above fair value)
Industry Position: 93.9% below the Conglomerates median (#400 of 565)
No single metric tells the full story. See the NSE:JSWHL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JSW Holdings Ltd is a conglomerate company with businesses in steel, energy, infrastructure, and cement. Its primary business segment is Investing and Financing. It derives revenue from Interest Income, Dividend Income, and Pledge Fees. Product offering under Steel includes Hot Rolled, Cold Rolled, Color Coated Products, Galvanized, Galvalume, Avante Steel Doors, and Light Steel Building solutions. The infrastructure business develops seaports and terminals, shipyards, townships, port-based special economic zone, industrial clusters, and last-mile connectivity projects.
78GF Score
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