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Marine Electricals (India)NSE:MARINE +4.47%86 ROA % is 8.30% as of Mar. 2026, which is 88% above its 10-year median of 4.42. GuruFocus rates NSE:MARINE with a GF Score™ of 86/100 and a GF Value™ of ₹199.17 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,077 Industrial Products companies, Marine Electricals (India) ranks better than 77.54% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Marine Electricals (India)'s annualizedNet Income for the quarter that ended in Mar. 2026 was ₹739 Mil.
Marine Electricals (India)'s average Total Assets over the quarter that ended in Mar. 2026 was ₹8,904 Mil. Therefore, Marine Electricals (India)'s annualized ROA % for the quarter that ended in Mar. 2026 was 8.30%.
The historical rank and industry rank for Marine Electricals (India)'s ROA % or its related term are showing as below:
NSE:MARINE'
s ROA % Range Over the Past 10 Years
Min: 1.52 Med: 4.42 Max: 7.38
Current: 7.38
During the past 13 years, Marine Electricals (India)'s highest ROA % was 7.38%. The lowest was 1.52%. And the median was 4.42%.
NSE:MARINE's ROA % is ranked better than 77.54% of 3077
companies
in the Industrial Products industry
Industry Median: 3.05
vs NSE:MARINE: 7.38
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.
For the Electrical Equipment & Parts subindustry, Marine Electricals (India)'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.
Marine Electricals (India) ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Marine Electricals (India)'s ROA % distribution charts can be found below:
* The bar in red indicates where Marine Electricals (India)'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.
Marine Electricals (India) (NSE:MARINE) has a ROA % of 8.30% 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 Marine Electricals (India) and its competitors. This is 88% above median its historical median of 4.42. Over the past decade, Marine Electricals (India)'s ROA % has ranged from 1.52 to 7.38. According to the industry distribution chart, Marine Electricals (India) ranks #691 out of 3077 companies in the Industrial Products industry, placing it in the top 22.5%.
Is Marine Electricals (India)'s ROA % too high?
Marine Electricals (India)'s current ROA % of 8.30% is 88% above median its 10-year median of 4.42. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 7.38. The Industrial Products industry median ROA % is 3.05. Marine Electricals (India)'s value of 8.30% is 172.1% above this industry median. Based on the distribution chart, Marine Electricals (India) ranks #691 out of 3077 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Marine Electricals (India) has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marine Electricals (India)'s ROA % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Marine Electricals (India) ranks #691 out of 3077 companies for ROA %. This places Marine Electricals (India) in the top 23% of its industry — outperforming the majority of peers. The industry median ROA % is 3.05. Marine Electricals (India)'s value of 8.30% is 172.1% above this benchmark. Historically, Marine Electricals (India)'s own ROA % has ranged from 1.52 to 7.38 over the past decade. While the company's 10-year median is 4.42 vs. the industry median of 3.05, Marine Electricals (India) 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 Industrial Products company?
The median ROA % among Industrial Products companies is 3.05, based on 3,077 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. Marine Electricals (India)'s current ROA % of 8.30% is 172.1% 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 Marine Electricals (India) and its competitors. For the Industrial Products industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marine Electricals (India)'s current ROA % is 8.30%, which is 88% above median its own 10-year median of 4.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marine Electricals (India) stock overvalued right now?
Based on GuruFocus' analysis, Marine Electricals (India) (NSE:MARINE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹199.17, compared to a current price of ₹300.60 — trading 50.9% above its estimated fair value. The current ROA % is 8.30%, which is 88% above median its 10-year median of 4.42 and 172.1% above the Industrial Products industry median of 3.05. Marine Electricals (India)'s overall GF Score™ is 86/100 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 Marine Electricals (India) (NSE:MARINE), the current ROA % is 8.30% 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 Marine Electricals (India) (NSE:MARINE) Overvalued in 2026?
Based on GuruFocus' analysis, Marine Electricals (India) stock appears to be overvalued.
The current stock price of ₹300.60 is trading 50.9% above its estimated GF Value™ of ₹199.17.
GuruFocus considers Marine Electricals (India) to be Significantly Overvalued.
Key valuation signals for NSE:MARINE:
ROA %: 8.30% (88% above median its 10-year median of 4.42)
GF Value™: ₹199.17 vs. price of ₹300.60 (50.9% above fair value)
Industry Position: 172.1% above the Industrial Products median (#691 of 3077)
No single metric tells the full story. See the NSE:MARINE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marine Electricals (India) Ltd is engaged in providing integrated electrical and automation solutions. It is engaged in the manufacturing and sale of all types of marine and industrial electrical and electronic components like switch-gears, marine motors, control-gears, monitoring and control systems, etc., and is also engaged in the renewable energy sector, specifically solar. The company also provides services like designing, fabricating, etc., for all types of electrical and electronic installations and undertakes annual maintenance contracts. Its segments are: Marine and Industry. The Industry segment, which generates maximum revenue, provides products and services of power distribution and solutions for industries like data centres, industrial, and large buildings.
86GF Score
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