Solex EnergyNSE:SOLEX -2.01%85 ROA % is 19.61% as of Mar. 2026, which is 250% above its 10-year median of 5.61. GuruFocus rates NSE:SOLEX with a GF Score™ of 85/100 and a GF Value™ of ₹3,961.16 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,028 Semiconductors companies, Solex Energy ranks better than 78.6% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Solex Energy's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹2,316 Mil.
Solex Energy's average Total Assets over the quarter that ended in Mar. 2026 was ₹11,814 Mil. Therefore, Solex Energy's annualized ROA % for the quarter that ended in Mar. 2026 was 19.61%.
The historical rank and industry rank for Solex Energy's ROA % or its related term are showing as below:
NSE:SOLEX'
s ROA % Range Over the Past 10 Years
Min: 1.33 Med: 5.61 Max: 11.98
Current: 8.93
During the past 12 years, Solex Energy's highest ROA % was 11.98%. The lowest was 1.33%. And the median was 5.61%.
NSE:SOLEX's ROA % is ranked better than 78.6% of 1028
companies
in the Semiconductors industry
Industry Median: 2.45
vs NSE:SOLEX: 8.93
Solex Energy (NSE:SOLEX) 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.
Solex Energy ROA % Related Terms
Solex Energy ROA % Historical Data
* Premium members only.
The historical data trend for Solex Energy'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 Solar subindustry, Solex Energy'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.
Solex Energy ROA % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Solex Energy's ROA % distribution charts can be found below:
* The bar in red indicates where Solex Energy'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.
Solex Energy (NSE:SOLEX) has a ROA % of 19.61% 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 Solex Energy and its competitors. This is 250% above median its historical median of 5.61. Over the past decade, Solex Energy's ROA % has ranged from 1.33 to 11.98. According to the industry distribution chart, Solex Energy ranks #220 out of 1028 companies in the Semiconductors industry, placing it in the top 21.4%.
Is Solex Energy's ROA % too high?
Solex Energy's current ROA % of 19.61% is 250% above median its 10-year median of 5.61. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 11.98. The Semiconductors industry median ROA % is 2.45. Solex Energy's value of 19.61% is 700.4% above this industry median. Based on the distribution chart, Solex Energy ranks #220 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Solex Energy has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solex Energy's ROA % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Solex Energy ranks #220 out of 1028 companies for ROA %. This places Solex Energy in the top 21% of its industry — outperforming the majority of peers. The industry median ROA % is 2.45. Solex Energy's value of 19.61% is 700.4% above this benchmark. Historically, Solex Energy's own ROA % has ranged from 1.33 to 11.98 over the past decade. While the company's 10-year median is 5.61 vs. the industry median of 2.45, Solex Energy 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. Solex Energy's current ROA % of 19.61% is 700.4% 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 Solex Energy 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. Solex Energy's current ROA % is 19.61%, which is 250% above median its own 10-year median of 5.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solex Energy stock overvalued right now?
Based on GuruFocus' analysis, Solex Energy (NSE:SOLEX) is currently considered Possible Value Trap. The stock's GF Value™ is ₹3,961.16, compared to a current price of ₹1,091.00 — trading 72.5% below its estimated fair value. The current ROA % is 19.61%, which is 250% above median its 10-year median of 5.61 and 700.4% above the Semiconductors industry median of 2.45. Solex Energy's overall GF Score™ is 85/100 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 Solex Energy (NSE:SOLEX), the current ROA % is 19.61% 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 Solex Energy (NSE:SOLEX) Overvalued in 2026?
Based on GuruFocus' analysis, Solex Energy stock appears to be undervalued.
The current stock price of ₹1,091.00 is trading 72.5% below its estimated GF Value™ of ₹3,961.16.
GuruFocus considers Solex Energy to be Possible Value Trap.
Key valuation signals for NSE:SOLEX:
ROA %: 19.61% (250% above median its 10-year median of 5.61)
GF Value™: ₹3,961.16 vs. price of ₹1,091.00 (72.5% below fair value)
Industry Position: 700.4% above the Semiconductors median (#220 of 1028)
No single metric tells the full story. See the NSE:SOLEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solex Energy Ltd is a manufacturer of solar photovoltaic modules and is also engaged in the business of Engineering, Procurement, and Construction (EPC) in the solar energy market, where the manufactured modules are utilized. Its products are Tapi R, Tapi Trans, Tapi Series, Tapi Black, and Ganga.
85GF Score
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