Bank of MaharashtraNSE:MAHABANK -0.26%57 ROA % is 1.99% as of Mar. 2026, which is 363% above its 10-year median of 0.43. GuruFocus rates NSE:MAHABANK with a GF Score™ of 57/100 and a GF Value™ of ₹63.75 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,530 Banks companies, Bank of Maharashtra ranks better than 85.42% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Bank of Maharashtra's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹81,795 Mil.
Bank of Maharashtra's average Total Assets over the quarter that ended in Mar. 2026 was ₹4,103,917 Mil. Therefore, Bank of Maharashtra's annualized ROA % for the quarter that ended in Mar. 2026 was 1.99%.
The historical rank and industry rank for Bank of Maharashtra's ROA % or its related term are showing as below:
NSE:MAHABANK'
s ROA % Range Over the Past 10 Years
Min: -2.97 Med: 0.43 Max: 1.79
Current: 1.79
During the past 13 years, Bank of Maharashtra's highest ROA % was 1.79%. The lowest was -2.97%. And the median was 0.43%.
NSE:MAHABANK's ROA % is ranked better than 85.42% of 1530
companies
in the Banks industry
Industry Median: 0.98
vs NSE:MAHABANK: 1.79
Bank of Maharashtra (NSE:MAHABANK) 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.
Bank of Maharashtra ROA % Related Terms
Bank of Maharashtra ROA % Historical Data
* Premium members only.
The historical data trend for Bank of Maharashtra'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 Banks - Regional subindustry, Bank of Maharashtra'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.
Bank of Maharashtra ROA % vs Banks Industry
For the Banks industry and Financial Services sector, Bank of Maharashtra's ROA % distribution charts can be found below:
* The bar in red indicates where Bank of Maharashtra'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.
Bank of Maharashtra (NSE:MAHABANK) has a ROA % of 1.99% 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 Bank of Maharashtra and its competitors. This is 363% above median its historical median of 0.43. According to the industry distribution chart, Bank of Maharashtra ranks #223 out of 1530 companies in the Banks industry, placing it in the top 14.6%.
Is Bank of Maharashtra's ROA % too high?
Bank of Maharashtra's current ROA % of 1.99% is 363% above median its 10-year median of 0.43. The Banks industry median ROA % is 0.98. Bank of Maharashtra's value of 1.99% is 103.1% above this industry median. Based on the distribution chart, Bank of Maharashtra ranks #223 out of 1530 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Bank of Maharashtra has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Maharashtra's ROA % compare to competitors?
According to the Banks industry distribution chart, Bank of Maharashtra ranks #223 out of 1530 companies for ROA %. This places Bank of Maharashtra in the top 15% of its industry — outperforming the majority of peers. The industry median ROA % is 0.98. Bank of Maharashtra's value of 1.99% is 103.1% above this benchmark. While the company's 10-year median is 0.43 vs. the industry median of 0.98, Bank of Maharashtra 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 Banks company?
The median ROA % among Banks companies is 0.98, based on 1,530 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. Bank of Maharashtra's current ROA % of 1.99% is 103.1% 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 Bank of Maharashtra and its competitors. For the Banks industry, the median ROA % is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Maharashtra's current ROA % is 1.99%, which is 363% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Maharashtra stock overvalued right now?
Based on GuruFocus' analysis, Bank of Maharashtra (NSE:MAHABANK) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹63.75, compared to a current price of ₹91.20 — trading 43.1% above its estimated fair value. The current ROA % is 1.99%, which is 363% above median its 10-year median of 0.43 and 103.1% above the Banks industry median of 0.98. Bank of Maharashtra's overall GF Score™ is 57/100 with 7 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 Bank of Maharashtra (NSE:MAHABANK), the current ROA % is 1.99% 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 Bank of Maharashtra (NSE:MAHABANK) Overvalued in 2026?
Based on GuruFocus' analysis, Bank of Maharashtra stock appears to be overvalued.
The current stock price of ₹91.20 is trading 43.1% above its estimated GF Value™ of ₹63.75.
GuruFocus considers Bank of Maharashtra to be Significantly Overvalued.
Key valuation signals for NSE:MAHABANK:
ROA %: 1.99% (363% above median its 10-year median of 0.43)
GF Value™: ₹63.75 vs. price of ₹91.20 (43.1% above fair value)
Industry Position: 103.1% above the Banks median (#223 of 1530)
No single metric tells the full story. See the NSE:MAHABANK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank of Maharashtra is an Indian banking corporation. The bank offers various deposit schemes, including savings accounts, current accounts, term deposits, and capital gain accounts. It also provides credit facilities such as term loans, overdrafts, letters of credit, and guarantees. The bank organizes its business in four segments, namely Treasury, Corporate/Wholesale banking; Retail banking; and Other banking operations. Its Treasury segment includes investment, balances with banks outside India, and interest accrued on investments; the corporate banking segment includes all advances to trusts, partnership firms, companies, and statutory bodies; retail banking includes exposure to individuals and small businesses. The bank principally generates revenue within India.
57GF Score
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