PPAP AutomotiveNSE:PPAP -3.84%74 ROA % is 24.52% as of Mar. 2026, which is 763% above its 10-year median of 2.84. GuruFocus rates NSE:PPAP with a GF Score™ of 74/100 and a GF Value™ of ₹228.85 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,336 Vehicles & Parts companies, PPAP Automotive ranks better than 77.32% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PPAP Automotive's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,818 Mil.
PPAP Automotive's average Total Assets over the quarter that ended in Mar. 2026 was ₹7,413 Mil. Therefore, PPAP Automotive's annualized ROA % for the quarter that ended in Mar. 2026 was 24.52%.
The historical rank and industry rank for PPAP Automotive's ROA % or its related term are showing as below:
NSE:PPAP'
s ROA % Range Over the Past 10 Years
Min: -2.36 Med: 2.84 Max: 10.64
Current: 6.73
During the past 13 years, PPAP Automotive's highest ROA % was 10.64%. The lowest was -2.36%. And the median was 2.84%.
NSE:PPAP's ROA % is ranked better than 77.32% of 1336
companies
in the Vehicles & Parts industry
Industry Median: 2.95
vs NSE:PPAP: 6.73
PPAP Automotive (NSE:PPAP) 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.
PPAP Automotive ROA % Related Terms
PPAP Automotive ROA % Historical Data
* Premium members only.
The historical data trend for PPAP Automotive'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 Auto Parts subindustry, PPAP Automotive'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.
PPAP Automotive ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, PPAP Automotive's ROA % distribution charts can be found below:
* The bar in red indicates where PPAP Automotive'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.
PPAP Automotive (NSE:PPAP) has a ROA % of 24.52% 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 PPAP Automotive and its competitors. This is 763% above median its historical median of 2.84. According to the industry distribution chart, PPAP Automotive ranks #303 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 22.7%.
Is PPAP Automotive's ROA % too high?
PPAP Automotive's current ROA % of 24.52% is 763% above median its 10-year median of 2.84. The Vehicles & Parts industry median ROA % is 2.95. PPAP Automotive's value of 24.52% is 731.2% above this industry median. Based on the distribution chart, PPAP Automotive ranks #303 out of 1336 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, PPAP Automotive has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PPAP Automotive's ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, PPAP Automotive ranks #303 out of 1336 companies for ROA %. This places PPAP Automotive in the top 23% of its industry — outperforming the majority of peers. The industry median ROA % is 2.95. PPAP Automotive's value of 24.52% is 731.2% above this benchmark. While the company's 10-year median is 2.84 vs. the industry median of 2.95, PPAP Automotive 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 Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 2.95, based on 1,336 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. PPAP Automotive's current ROA % of 24.52% is 731.2% 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 PPAP Automotive and its competitors. For the Vehicles & Parts industry, the median ROA % is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PPAP Automotive's current ROA % is 24.52%, which is 763% above median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPAP Automotive stock overvalued right now?
Based on GuruFocus' analysis, PPAP Automotive (NSE:PPAP) is currently considered Fairly Valued. The stock's GF Value™ is ₹228.85, compared to a current price of ₹231.17 — trading 1% above its estimated fair value. The current ROA % is 24.52%, which is 763% above median its 10-year median of 2.84 and 731.2% above the Vehicles & Parts industry median of 2.95. PPAP Automotive's overall GF Score™ is 74/100 with 6 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 PPAP Automotive (NSE:PPAP), the current ROA % is 24.52% 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 PPAP Automotive (NSE:PPAP) Overvalued in 2026?
Based on GuruFocus' analysis, PPAP Automotive stock appears to be overvalued.
The current stock price of ₹231.17 is trading 1% above its estimated GF Value™ of ₹228.85.
GuruFocus considers PPAP Automotive to be Fairly Valued.
Key valuation signals for NSE:PPAP:
ROA %: 24.52% (763% above median its 10-year median of 2.84)
GF Value™: ₹228.85 vs. price of ₹231.17 (1% above fair value)
Industry Position: 731.2% above the Vehicles & Parts median (#303 of 1336)
No single metric tells the full story. See the NSE:PPAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PPAP Automotive Ltd is an Indian company specializing in the manufacturing of automotive sealing systems, interior and exterior automotive parts using plastic and rubber extrusion and plastic injection molding technologies. It serves many automotive OEMs in passenger vehicles, two-wheelers, and commercial vehicle segments. The company operates manufacturing facilities across key automotive hubs in India, including Noida, Surajpur, Chennai, Pathredi, and Viramgam. PPAP also develops high-precision plastic injection toolings and has expanded into lithium-ion battery pack solutions for electric two-wheelers and three-wheelers.
74GF Score
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