MTAR TechnologiesNSE:MTARTECH +2.57%69 ROA % is 10.16% as of Mar. 2026, which is 10% above its 10-year median of 9.26. GuruFocus rates NSE:MTARTECH with a GF Score™ of 69/100 and a GF Value™ of ₹3,338.82 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 3,081 Industrial Products companies, MTAR Technologies ranks better than 75.59% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. MTAR Technologies's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,771 Mil.
MTAR Technologies's average Total Assets over the quarter that ended in Mar. 2026 was ₹17,434 Mil. Therefore, MTAR Technologies's annualized ROA % for the quarter that ended in Mar. 2026 was 10.16%.
The historical rank and industry rank for MTAR Technologies's ROA % or its related term are showing as below:
NSE:MTARTECH'
s ROA % Range Over the Past 10 Years
Min: 1.93 Med: 9.26 Max: 13.37
Current: 6.97
During the past 9 years, MTAR Technologies's highest ROA % was 13.37%. The lowest was 1.93%. And the median was 9.26%.
NSE:MTARTECH's ROA % is ranked better than 75.59% of 3081
companies
in the Industrial Products industry
Industry Median: 3.06
vs NSE:MTARTECH: 6.97
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.
MTAR Technologies ROA % Related Terms
MTAR Technologies ROA % Historical Data
* Premium members only.
The historical data trend for MTAR Technologies'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 Specialty Industrial Machinery subindustry, MTAR Technologies'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.
MTAR Technologies ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MTAR Technologies's ROA % distribution charts can be found below:
* The bar in red indicates where MTAR Technologies'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.
MTAR Technologies (NSE:MTARTECH) has a ROA % of 10.16% 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 MTAR Technologies and its competitors. This is 10% above median its historical median of 9.26. Over the past decade, MTAR Technologies' ROA % has ranged from 1.93 to 13.37. According to the industry distribution chart, MTAR Technologies ranks #752 out of 3081 companies in the Industrial Products industry, placing it in the top 24.4%.
Is MTAR Technologies' ROA % too high?
MTAR Technologies' current ROA % of 10.16% is 10% above median its 10-year median of 9.26. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 13.37. The Industrial Products industry median ROA % is 3.06. MTAR Technologies' value of 10.16% is 232% above this industry median. Based on the distribution chart, MTAR Technologies ranks #752 out of 3081 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, MTAR Technologies has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTAR Technologies' ROA % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, MTAR Technologies ranks #752 out of 3081 companies for ROA %. This places MTAR Technologies in the top 24% of its industry — outperforming the majority of peers. The industry median ROA % is 3.06. MTAR Technologies' value of 10.16% is 232% above this benchmark. Historically, MTAR Technologies' own ROA % has ranged from 1.93 to 13.37 over the past decade. While the company's 10-year median is 9.26 vs. the industry median of 3.06, MTAR Technologies 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 3.06, based on 3,081 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. MTAR Technologies's current ROA % of 10.16% is 232% 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 MTAR Technologies and its competitors. For the Industrial Products industry, the median ROA % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTAR Technologies's current ROA % is 10.16%, which is 10% above median its own 10-year median of 9.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTAR Technologies stock overvalued right now?
Based on GuruFocus' analysis, MTAR Technologies (NSE:MTARTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,338.82, compared to a current price of ₹7,976.50 — trading 138.9% above its estimated fair value. The current ROA % is 10.16%, which is 10% above median its 10-year median of 9.26 and 232% above the Industrial Products industry median of 3.06. MTAR Technologies' overall GF Score™ is 69/100 with 8 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 MTAR Technologies (NSE:MTARTECH), the current ROA % is 10.16% 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 MTAR Technologies (NSE:MTARTECH) Overvalued in 2026?
Based on GuruFocus' analysis, MTAR Technologies stock appears to be overvalued.
The current stock price of ₹7,976.50 is trading 138.9% above its estimated GF Value™ of ₹3,338.82.
GuruFocus considers MTAR Technologies to be Significantly Overvalued.
Key valuation signals for NSE:MTARTECH:
ROA %: 10.16% (10% above median its 10-year median of 9.26)
GF Value™: ₹3,338.82 vs. price of ₹7,976.50 (138.9% above fair value)
Industry Position: 232% above the Industrial Products median (#752 of 3081)
No single metric tells the full story. See the NSE:MTARTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MTAR Technologies Ltd is a national player in the precision engineering industry. It is engaged in the manufacturing of mission-critical precision components with close tolerance and in critical assemblies through its precision machining, assembly, specialized fabrication, testing, and quality control processes. A wide range of complex product portfolios meets the varied requirements of the Nuclear, Space and Defence, and Clean Energy sector. Geographically, it operates in India as well as Outside India.
69GF Score
Get the complete analysis for NSE:MTARTECH
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:MTARTECH has been successfully added to your 
