ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Steel Authority Of India's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹73,419 Mil.
Steel Authority Of India's average Total Assets over the quarter that ended in Mar. 2026 was ₹1,358,961 Mil. Therefore, Steel Authority Of India's annualized ROA % for the quarter that ended in Mar. 2026 was 5.40%.
The historical rank and industry rank for Steel Authority Of India's ROA % or its related term are showing as below:
NSE:SAIL'
s ROA % Range Over the Past 10 Years
Min: -2.64 Med: 1.88 Max: 10.29
Current: 2.49
During the past 13 years, Steel Authority Of India's highest ROA % was 10.29%. The lowest was -2.64%. And the median was 1.88%.
NSE:SAIL's ROA % is ranked better than 55.29% of 633
companies
in the Steel industry
Industry Median: 1.92
vs NSE:SAIL: 2.49
Steel Authority Of India (NSE:SAIL) 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.
* 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 Steel subindustry, Steel Authority 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.
Steel Authority Of India ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Steel Authority Of India's ROA % distribution charts can be found below:
* The bar in red indicates where Steel Authority 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.
Steel Authority Of India (NSE:SAIL) has a ROA % of 5.40% 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 Steel Authority Of India and its competitors. This is 187% above median its historical median of 1.88. According to the industry distribution chart, Steel Authority Of India ranks #283 out of 633 companies in the Steel industry, placing it in the top 44.7%.
Is Steel Authority Of India's ROA % too high?
Steel Authority Of India's current ROA % of 5.40% is 187% above median its 10-year median of 1.88. The Steel industry median ROA % is 1.92. Steel Authority Of India's value of 5.40% is 181.3% above this industry median. Based on the distribution chart, Steel Authority Of India ranks #283 out of 633 companies in the Steel industry, which is above the industry midpoint. Overall, Steel Authority Of India has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Authority Of India's ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Steel Authority Of India ranks #283 out of 633 companies for ROA %. This puts Steel Authority Of India in the upper half of its industry. The industry median ROA % is 1.92. Steel Authority Of India's value of 5.40% is 181.3% above this benchmark. While the company's 10-year median is 1.88 vs. the industry median of 1.92, Steel Authority 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 Steel company?
The median ROA % among Steel companies is 1.92, based on 633 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. Steel Authority Of India's current ROA % of 5.40% is 181.3% 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 Steel Authority Of India and its competitors. For the Steel industry, the median ROA % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Authority Of India's current ROA % is 5.40%, which is 187% above median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Authority Of India stock overvalued right now?
Based on GuruFocus' analysis, Steel Authority Of India (NSE:SAIL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹140.84, compared to a current price of ₹169.23 — trading 20.2% above its estimated fair value. The current ROA % is 5.40%, which is 187% above median its 10-year median of 1.88 and 181.3% above the Steel industry median of 1.92. Steel Authority Of India's overall GF Score™ is 78/100 with 3 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 Steel Authority Of India (NSE:SAIL), the current ROA % is 5.40% 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 Steel Authority Of India (NSE:SAIL) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Authority Of India stock appears to be overvalued.
The current stock price of ₹169.23 is trading 20.2% above its estimated GF Value™ of ₹140.84.
GuruFocus considers Steel Authority Of India to be Modestly Overvalued.
Key valuation signals for NSE:SAIL:
ROA %: 5.40% (187% above median its 10-year median of 1.88)
GF Value™: ₹140.84 vs. price of ₹169.23 (20.2% above fair value)
Industry Position: 181.3% above the Steel median (#283 of 633)
No single metric tells the full story. See the NSE:SAIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Authority Of India Ltd is a steelmaker. The company produces flat steel products (including plates, sheets, coils, and galvanized plain), long steel products (rails, structural, wire rods, and merchant products), electric-resistance-welded pipes, and silicon steel sheets. Flat and long products account for the majority of the company's sales. The company runs five integrated steel plants and three alloy steel plants. The segments of the company include BSP, DSP, RSP, BSL, ISP, ASP, SSP, VISL and Others. It generates maximum of its revenue from the Indian domestic market.
78GF Score
Get the complete analysis for NSE:SAIL
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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