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Shiv Aum SteelsNSE:SHIVAUM +0.47%66 ROA % is 4.38% as of Mar. 2026, which is 5% below its 10-year median of 4.60. GuruFocus rates NSE:SHIVAUM with a GF Score™ of 66/100 and a GF Value™ of ₹324.96 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 633 Steel companies, Shiv Aum Steels ranks better than 62.72% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shiv Aum Steels's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹93 Mil.
Shiv Aum Steels's average Total Assets over the quarter that ended in Mar. 2026 was ₹2,112 Mil. Therefore, Shiv Aum Steels's annualized ROA % for the quarter that ended in Mar. 2026 was 4.38%.
The historical rank and industry rank for Shiv Aum Steels's ROA % or its related term are showing as below:
NSE:SHIVAUM'
s ROA % Range Over the Past 10 Years
Min: 1.77 Med: 4.6 Max: 9.77
Current: 3.38
During the past 10 years, Shiv Aum Steels's highest ROA % was 9.77%. The lowest was 1.77%. And the median was 4.60%.
NSE:SHIVAUM's ROA % is ranked better than 62.72% of 633
companies
in the Steel industry
Industry Median: 1.98
vs NSE:SHIVAUM: 3.38
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 two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
Shiv Aum Steels ROA % Related Terms
Shiv Aum Steels ROA % Historical Data
* Premium members only.
The historical data trend for Shiv Aum Steels'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 Steel subindustry, Shiv Aum Steels'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.
Shiv Aum Steels ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Shiv Aum Steels's ROA % distribution charts can be found below:
* The bar in red indicates where Shiv Aum Steels'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 two times the semi-annual (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Shiv Aum Steels (NSE:SHIVAUM) has a ROA % of 4.38% 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 Shiv Aum Steels and its competitors. This is near median its historical median of 4.60. Over the past decade, Shiv Aum Steels' ROA % has ranged from 1.77 to 9.77. According to the industry distribution chart, Shiv Aum Steels ranks #236 out of 633 companies in the Steel industry, placing it in the top 37.3%.
Is Shiv Aum Steels' ROA % too high?
Shiv Aum Steels' current ROA % of 4.38% is near median its 10-year median of 4.60. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 9.77. The Steel industry median ROA % is 1.98. Shiv Aum Steels' value of 4.38% is 121.2% above this industry median. Based on the distribution chart, Shiv Aum Steels ranks #236 out of 633 companies in the Steel industry, which is above the industry midpoint. Overall, Shiv Aum Steels has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shiv Aum Steels' ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Shiv Aum Steels ranks #236 out of 633 companies for ROA %. This puts Shiv Aum Steels in the upper half of its industry. The industry median ROA % is 1.98. Shiv Aum Steels' value of 4.38% is 121.2% above this benchmark. Historically, Shiv Aum Steels' own ROA % has ranged from 1.77 to 9.77 over the past decade. While the company's 10-year median is 4.60 vs. the industry median of 1.98, Shiv Aum Steels 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 1.98, 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. Shiv Aum Steels's current ROA % of 4.38% is 121.2% 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 Shiv Aum Steels and its competitors. For the Steel industry, the median ROA % is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiv Aum Steels's current ROA % is 4.38%, which is near median its own 10-year median of 4.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiv Aum Steels stock overvalued right now?
Based on GuruFocus' analysis, Shiv Aum Steels (NSE:SHIVAUM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹324.96, compared to a current price of ₹447.10 — trading 37.6% above its estimated fair value. The current ROA % is 4.38%, which is near median its 10-year median of 4.60 and 121.2% above the Steel industry median of 1.98. Shiv Aum Steels' overall GF Score™ is 66/100 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 Shiv Aum Steels (NSE:SHIVAUM), the current ROA % is 4.38% 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 Shiv Aum Steels (NSE:SHIVAUM) Overvalued in 2026?
Based on GuruFocus' analysis, Shiv Aum Steels stock appears to be overvalued.
The current stock price of ₹447.10 is trading 37.6% above its estimated GF Value™ of ₹324.96.
GuruFocus considers Shiv Aum Steels to be Significantly Overvalued.
Key valuation signals for NSE:SHIVAUM:
ROA %: 4.38% (near median its 10-year median of 4.60)
GF Value™: ₹324.96 vs. price of ₹447.10 (37.6% above fair value)
Industry Position: 121.2% above the Steel median (#236 of 633)
No single metric tells the full story. See the NSE:SHIVAUM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shiv Aum Steels Ltd is engaged in the business of iron and steel products, dealing in structural steel, coils, and plates. It trades mild steel products such as beams, angles, plates, channels, coils, and thermo mechanically treated (TMT) bars. Operating as a trader, stockist, and distributor, it offers various steel products, including I-Beams, H-Beams, C Channels, Angles, T-Angles, Coils, and Plates in different sizes as per customer requirements. The Company is an authorized distributor for premium steel brands like Jindal Steel & Power Limited (JSPL), Steel Authority of India (SAIL), and Rashtriya Ispat Nigam Limited (RINL), among others. It serves a broad customer base across India, ranging from small steel processing units to large EPC companies and real estate developers.
66GF Score
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