Smarten Power SystemsNSE:SMARTEN -2.70%18 ROA % is 7.46% as of Mar. 2026, which is 0% below its 10-year median of 7.47. GuruFocus rates NSE:SMARTEN with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,028 Semiconductors companies, Smarten Power Systems ranks better than 73.35% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Smarten Power Systems's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹88 Mil.
Smarten Power Systems's average Total Assets over the quarter that ended in Mar. 2026 was ₹1,180 Mil. Therefore, Smarten Power Systems's annualized ROA % for the quarter that ended in Mar. 2026 was 7.46%.
The historical rank and industry rank for Smarten Power Systems's ROA % or its related term are showing as below:
NSE:SMARTEN'
s ROA % Range Over the Past 10 Years
Min: 6.43 Med: 7.47 Max: 14.54
Current: 7.46
During the past 5 years, Smarten Power Systems's highest ROA % was 14.54%. The lowest was 6.43%. And the median was 7.47%.
NSE:SMARTEN's ROA % is ranked better than 73.35% of 1028
companies
in the Semiconductors industry
Industry Median: 2.45
vs NSE:SMARTEN: 7.46
Smarten Power Systems (NSE:SMARTEN) 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 one times the annual (Mar. 2026) net income data. The Revenue data used here is one times the 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.
* 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.
Smarten Power Systems ROA % Chart
Smarten Power Systems Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Mar26
ROA %
6.43
7.47
14.54
14.47
7.46
Smarten Power Systems Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Mar26
ROA %
6.43
7.47
14.54
14.47
7.46
NSE:SMARTEN vs FSLR, NXT, ENPH: ROA % Comparison
For the Solar subindustry, Smarten Power Systems'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.
Smarten Power Systems ROA % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Smarten Power Systems's ROA % distribution charts can be found below:
* The bar in red indicates where Smarten Power Systems'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 one times the annual (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Smarten Power Systems (NSE:SMARTEN) has a ROA % of 7.46% 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 Smarten Power Systems and its competitors. This is near median its historical median of 7.47. Over the past decade, Smarten Power Systems' ROA % has ranged from 6.43 to 14.54. According to the industry distribution chart, Smarten Power Systems ranks #274 out of 1028 companies in the Semiconductors industry, placing it in the top 26.7%.
Is Smarten Power Systems' ROA % too high?
Smarten Power Systems' current ROA % of 7.46% is near median its 10-year median of 7.47. Over the past 10 years, this metric has ranged from a low of 6.43 to a high of 14.54. The Semiconductors industry median ROA % is 2.45. Smarten Power Systems' value of 7.46% is 204.5% above this industry median. Based on the distribution chart, Smarten Power Systems ranks #274 out of 1028 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Smarten Power Systems has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Smarten Power Systems' ROA % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Smarten Power Systems ranks #274 out of 1028 companies for ROA %. This puts Smarten Power Systems in the upper half of its industry. The industry median ROA % is 2.45. Smarten Power Systems' value of 7.46% is 204.5% above this benchmark. Historically, Smarten Power Systems' own ROA % has ranged from 6.43 to 14.54 over the past decade. While the company's 10-year median is 7.47 vs. the industry median of 2.45, Smarten Power Systems 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 Semiconductors company?
The median ROA % among Semiconductors companies is 2.45, based on 1,028 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. Smarten Power Systems's current ROA % of 7.46% is 204.5% 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 Smarten Power Systems and its competitors. For the Semiconductors industry, the median ROA % is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smarten Power Systems's current ROA % is 7.46%, which is near median its own 10-year median of 7.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smarten Power Systems stock overvalued right now?
Smarten Power Systems (NSE:SMARTEN) has a current ROA % of 7.46%. The current ROA % is 7.46%, which is near median its 10-year median of 7.47 and 204.5% above the Semiconductors industry median of 2.45. Smarten Power Systems' 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 Smarten Power Systems (NSE:SMARTEN), the current ROA % is 7.46% 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.
Smarten Power Systems Ltd is engaged into designing and assembling of power back-up and developed solar power products such as Home UPS systems, solar inverters, solar power conditioning units (PCUs), solar charge controllers. It is also engaged in the trading of solar panels and batteries. It sells its products through its distributors within India. Currently, The Company is operating in 23 states and 2 union territories within India and has also established footprint in over 18 countries which includes Middle East, Africa, and South Asia region.
18GF Score
Get the complete analysis for NSE:SMARTEN
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:SMARTEN has been successfully added to your 