Max Estates (NSE:MAXESTATES) ROA %: -0.13% (As of Mar. 2026)


NSE:MAXESTATES Max Estates Ltd NSE:MAXESTATES
54 GF Score
Price ₹443.90
GF Value ₹604.12
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Max Estates ROA %?

Max Estates NSE:MAXESTATES +0.68% 54 ROA % is -0.13% as of Mar. 2026. GuruFocus rates NSE:MAXESTATES with a GF Score™ of 54/100 and a GF Value™ of ₹604.12 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,801 Real Estate companies, Max Estates ranks worse than 66.02% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Max Estates's annualized Net Income for the quarter that ended in Mar. 2026 was ₹-163 Mil. Max Estates's average Total Assets over the quarter that ended in Mar. 2026 was ₹124,372 Mil. Therefore, Max Estates's annualized ROA % for the quarter that ended in Mar. 2026 was -0.13%.

The historical rank and industry rank for Max Estates's ROA % or its related term are showing as below:

NSE:MAXESTATES' s ROA % Range Over the Past 10 Years
Min: -1.94   Med: 0.16   Max: 1.17
Current: 0.15

During the past 7 years, Max Estates's highest ROA % was 1.17%. The lowest was -1.94%. And the median was 0.16%.

NSE:MAXESTATES's ROA % is ranked worse than
66.02% of 1801 companies
in the Real Estate industry
Industry Median: 1.7 vs NSE:MAXESTATES: 0.15

Max Estates  (NSE:MAXESTATES) 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 bank’s 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:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-163.2/124372.04
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-163.2 / 1977.336)*(1977.336 / 124372.04)
=Net Margin %*Asset Turnover
=-8.25 %*0.0159
=-0.13 %

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.


Max Estates ROA % Related Terms


Max Estates ROA % Historical Data

* Premium members only.

The historical data trend for Max Estates'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.

Max Estates ROA % Chart

Max Estates Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial 0.58 1.17 -1.58 0.51 0.16

Max Estates Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.77 0.63 0.29 0.00 -0.13

Max Estates ROA % Competitor Comparison

For the Real Estate - Development subindustry, Max Estates'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.


Max Estates ROA % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Max Estates's ROA % distribution charts can be found below:

* The bar in red indicates where Max Estates's ROA % falls into.


NSE:MAXESTATES
54GF Score
Max Estates Ltd NSE:MAXESTATES
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Max Estates ROA % Calculation

Max Estates's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=156.926/( (72460.542+124372.04)/ 2 )
=156.926/98416.291
=0.16 %

Max Estates's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-163.2/( (0+124372.04)/ 1 )
=-163.2/124372.04
=-0.13 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -0.13% mean?
Max Estates (NSE:MAXESTATES) has a ROA % of -0.13% 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 Max Estates and its competitors. According to the industry distribution chart, Max Estates ranks #1189 out of 1801 companies in the Real Estate industry, placing it in the top 66%.
Is Max Estates' ROA % too high?
Max Estates' current ROA % is -0.13%. Based on the distribution chart, Max Estates ranks #1189 out of 1801 companies in the Real Estate industry, which is below the industry midpoint. Overall, Max Estates has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Max Estates' ROA % compare to competitors?
According to the Real Estate industry distribution chart, Max Estates ranks #1189 out of 1801 companies for ROA %. This places Max Estates in the lower half of its industry. The industry median ROA % is 1.70. 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 Real Estate company?
The median ROA % among Real Estate companies is 1.70, based on 1,801 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. 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 Max Estates and its competitors. For the Real Estate industry, the median ROA % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Max Estates's current ROA % is -0.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Estates stock overvalued right now?
Based on GuruFocus' analysis, Max Estates (NSE:MAXESTATES) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹604.12, compared to a current price of ₹443.90 — trading 26.5% below its estimated fair value. The current ROA % is -0.13%. Max Estates' overall GF Score™ is 54/100 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 Max Estates (NSE:MAXESTATES), the current ROA % is -0.13% 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 Max Estates (NSE:MAXESTATES) Overvalued in 2026?

Based on GuruFocus' analysis, Max Estates stock appears to be undervalued. The current stock price of ₹443.90 is trading 26.5% below its estimated GF Value™ of ₹604.12. GuruFocus considers Max Estates to be Modestly Undervalued.

Key valuation signals for NSE:MAXESTATES:

  • ROA %: -0.13%
  • GF Value™: ₹604.12 vs. price of ₹443.90 (26.5% below fair value)
  • GF Score™: 54/100 with 7 warning signs

No single metric tells the full story. See the NSE:MAXESTATES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Max Estates Business Description

Other Exchanges 544008:India
Address Plot No C 001/A, Sector 16B, Max Towers L 15, Noida, UP, IND, 201301
Max Estates Ltd is engaged in the business of real estate development. The company has paid close attention to creating a confluence of spaces that enable collaboration, innovation, and community, that are not just functional and aesthetically pleasing, but environmentally sustainable, and designed to promote the holistic wellness of its users. The Group is a one-segment company in the business of real estate development. The company involves Residential and Commercial Projects.
54GF Score

Get the complete analysis for NSE:MAXESTATES

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹443.90
Price
₹604.12
GF Value