ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Multi Commodity Exchange of India's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹21,191 Mil.
Multi Commodity Exchange of India's average Total Assets over the quarter that ended in Mar. 2026 was ₹75,006 Mil. Therefore, Multi Commodity Exchange of India's annualized ROA % for the quarter that ended in Mar. 2026 was 28.25%.
NSE:MCX'
s ROA % Range Over the Past 10 Years
Min: 2.58 Med: 7.02 Max: 23.37
Current: 23.37
During the past 13 years, Multi Commodity Exchange of India's highest ROA % was 23.37%. The lowest was 2.58%. And the median was 7.02%.
NSE:MCX's ROA % is ranked better than 96.83% of 819
companies
in the Capital Markets industry
Industry Median: 1.5
vs NSE:MCX: 23.37
Multi Commodity Exchange of India (NSE:MCX) 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.
Multi Commodity Exchange of India ROA % Related Terms
Multi Commodity Exchange of India ROA % Historical 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.
For the Financial Data & Stock Exchanges subindustry, Multi Commodity Exchange of 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.
Multi Commodity Exchange of India ROA % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Multi Commodity Exchange of India's ROA % distribution charts can be found below:
* The bar in red indicates where Multi Commodity Exchange of 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.
Multi Commodity Exchange of India (NSE:MCX) has a ROA % of 28.25% 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 Multi Commodity Exchange of India and its competitors. This is 302% above median its historical median of 7.02. Over the past decade, Multi Commodity Exchange of India's ROA % has ranged from 2.58 to 23.37. According to the industry distribution chart, Multi Commodity Exchange of India ranks #26 out of 819 companies in the Capital Markets industry, placing it in the top 3.2%.
Is Multi Commodity Exchange of India's ROA % too high?
Multi Commodity Exchange of India's current ROA % of 28.25% is 302% above median its 10-year median of 7.02. Over the past 10 years, this metric has ranged from a low of 2.58 to a high of 23.37. The Capital Markets industry median ROA % is 1.50. Multi Commodity Exchange of India's value of 28.25% is 1783.3% above this industry median. Based on the distribution chart, Multi Commodity Exchange of India ranks #26 out of 819 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Multi Commodity Exchange of India has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Multi Commodity Exchange of India's ROA % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Multi Commodity Exchange of India ranks #26 out of 819 companies for ROA %. This places Multi Commodity Exchange of India in the top 3% of its industry — outperforming the majority of peers. The industry median ROA % is 1.50. Multi Commodity Exchange of India's value of 28.25% is 1783.3% above this benchmark. Historically, Multi Commodity Exchange of India's own ROA % has ranged from 2.58 to 23.37 over the past decade. While the company's 10-year median is 7.02 vs. the industry median of 1.50, Multi Commodity Exchange of 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 a Capital Markets company?
The median ROA % among Capital Markets companies is 1.50, based on 819 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. Multi Commodity Exchange of India's current ROA % of 28.25% is 1783.3% 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 Multi Commodity Exchange of India and its competitors. For the Capital Markets industry, the median ROA % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multi Commodity Exchange of India's current ROA % is 28.25%, which is 302% above median its own 10-year median of 7.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multi Commodity Exchange of India stock overvalued right now?
Based on GuruFocus' analysis, Multi Commodity Exchange of India (NSE:MCX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,271.66, compared to a current price of ₹2,831.70 — trading 13.4% below its estimated fair value. The current ROA % is 28.25%, which is 302% above median its 10-year median of 7.02 and 1783.3% above the Capital Markets industry median of 1.50. Multi Commodity Exchange of India's overall GF Score™ is 90/100. 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 Multi Commodity Exchange of India (NSE:MCX), the current ROA % is 28.25% 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 Multi Commodity Exchange of India (NSE:MCX) Overvalued in 2026?
Based on GuruFocus' analysis, Multi Commodity Exchange of India stock appears to be undervalued.
The current stock price of ₹2,831.70 is trading 13.4% below its estimated GF Value™ of ₹3,271.66.
GuruFocus considers Multi Commodity Exchange of India to be Modestly Undervalued.
Key valuation signals for NSE:MCX:
ROA %: 28.25% (302% above median its 10-year median of 7.02)
GF Value™: ₹3,271.66 vs. price of ₹2,831.70 (13.4% below fair value)
Industry Position: 1783.3% above the Capital Markets median (#26 of 819)
No single metric tells the full story. See the NSE:MCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Multi Commodity Exchange of India Business Description
Multi Commodity Exchange of India Ltd is an India-based deemed Stock Exchange recognized under the Securities Contracts (Regulation) Act, 1956. The company facilitates online trading, and clearing and settlement of commodity futures transactions, thereby providing a platform for risk management. The company is a demutualized Exchange and has permanent recognition from the Government of India to facilitate nationwide online trading, clearing, and settlement operations of commodity derivatives. The company derives its revenues from transaction fees, admission fees, annual subscription fees, terminal charges, connectivity income, interest income, dividends from and gains on the sale of investments and other miscellaneous income.
90GF Score
Get the complete analysis for NSE:MCX
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:MCX has been successfully added to your 
