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Shanti Gold InternationalNSE:SHANTIGOLD +1.99%18 ROA % is 24.25% as of Mar. 2026, which is 163% above its 10-year median of 9.23. GuruFocus rates NSE:SHANTIGOLD with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,136 Retail - Cyclical companies, Shanti Gold International ranks better than 96.3% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shanti Gold International's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹2,077 Mil.
Shanti Gold International's average Total Assets over the quarter that ended in Mar. 2026 was ₹8,565 Mil. Therefore, Shanti Gold International's annualized ROA % for the quarter that ended in Mar. 2026 was 24.25%.
The historical rank and industry rank for Shanti Gold International's ROA % or its related term are showing as below:
NSE:SHANTIGOLD'
s ROA % Range Over the Past 10 Years
Min: 1.54 Med: 9.23 Max: 21.96
Current: 19.94
During the past 5 years, Shanti Gold International's highest ROA % was 21.96%. The lowest was 1.54%. And the median was 9.23%.
NSE:SHANTIGOLD's ROA % is ranked better than 96.3% of 1136
companies
in the Retail - Cyclical industry
Industry Median: 2.73
vs NSE:SHANTIGOLD: 19.94
Shanti Gold International (NSE:SHANTIGOLD) 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 Luxury Goods subindustry, Shanti Gold International'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.
Shanti Gold International ROA % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shanti Gold International's ROA % distribution charts can be found below:
* The bar in red indicates where Shanti Gold International'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.
Shanti Gold International (NSE:SHANTIGOLD) has a ROA % of 24.25% 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 Shanti Gold International and its competitors. This is 163% above median its historical median of 9.23. Over the past decade, Shanti Gold International's ROA % has ranged from 1.54 to 21.96. According to the industry distribution chart, Shanti Gold International ranks #42 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 3.7%.
Is Shanti Gold International's ROA % too high?
Shanti Gold International's current ROA % of 24.25% is 163% above median its 10-year median of 9.23. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 21.96. The Retail - Cyclical industry median ROA % is 2.73. Shanti Gold International's value of 24.25% is 788.3% above this industry median. Based on the distribution chart, Shanti Gold International ranks #42 out of 1136 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Shanti Gold International has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Gold International's ROA % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Shanti Gold International ranks #42 out of 1136 companies for ROA %. This places Shanti Gold International in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 2.73. Shanti Gold International's value of 24.25% is 788.3% above this benchmark. Historically, Shanti Gold International's own ROA % has ranged from 1.54 to 21.96 over the past decade. While the company's 10-year median is 9.23 vs. the industry median of 2.73, Shanti Gold International 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 Retail - Cyclical company?
The median ROA % among Retail - Cyclical companies is 2.73, based on 1,136 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. Shanti Gold International's current ROA % of 24.25% is 788.3% 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 Shanti Gold International and its competitors. For the Retail - Cyclical industry, the median ROA % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanti Gold International's current ROA % is 24.25%, which is 163% above median its own 10-year median of 9.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Gold International stock overvalued right now?
Shanti Gold International (NSE:SHANTIGOLD) has a current ROA % of 24.25%. The current ROA % is 24.25%, which is 163% above median its 10-year median of 9.23 and 788.3% above the Retail - Cyclical industry median of 2.73. Shanti Gold International's overall GF Score™ is 18/100 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 Shanti Gold International (NSE:SHANTIGOLD), the current ROA % is 24.25% 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.
Shanti Gold International Ltd is one of the manufacturers of high-quality 22kt CZ casting gold jewellery, specializing in the design and production of all types of gold jewellery. The Company offers a wide range of high-quality, intricately designed pieces, including bangles, rings, necklaces, and complete jewellery sets across various price points ranging from jewellery for special occasions, such as weddings to festive and daily-wear jewellery.
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