Speb AdhesivesNSE:SPEB +2.29%21 ROA % is 14.31% as of Mar. 2026, which is 11% below its 10-year median of 16.11. GuruFocus rates NSE:SPEB with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,614 Chemicals companies, Speb Adhesives ranks better than 97.52% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Speb Adhesives's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹64.3 Mil.
Speb Adhesives's average Total Assets over the quarter that ended in Mar. 2026 was ₹449.2 Mil. Therefore, Speb Adhesives's annualized ROA % for the quarter that ended in Mar. 2026 was 14.31%.
The historical rank and industry rank for Speb Adhesives's ROA % or its related term are showing as below:
NSE:SPEB'
s ROA % Range Over the Past 10 Years
Min: 9.47 Med: 16.11 Max: 25.24
Current: 17.59
During the past 5 years, Speb Adhesives's highest ROA % was 25.24%. The lowest was 9.47%. And the median was 16.11%.
NSE:SPEB's ROA % is ranked better than 97.52% of 1614
companies
in the Chemicals industry
Industry Median: 2.9
vs NSE:SPEB: 17.59
Speb Adhesives (NSE:SPEB) 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 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.
Speb Adhesives ROA % Related Terms
Speb Adhesives ROA % Historical Data
* Premium members only.
The historical data trend for Speb Adhesives'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 Specialty Chemicals subindustry, Speb Adhesives'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.
Speb Adhesives ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Speb Adhesives's ROA % distribution charts can be found below:
* The bar in red indicates where Speb Adhesives'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.
Speb Adhesives (NSE:SPEB) has a ROA % of 14.31% 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 Speb Adhesives and its competitors. This is 11% below median its historical median of 16.11. Over the past decade, Speb Adhesives' ROA % has ranged from 9.47 to 25.24. According to the industry distribution chart, Speb Adhesives ranks #40 out of 1614 companies in the Chemicals industry, placing it in the top 2.5%.
Is Speb Adhesives' ROA % too high?
Speb Adhesives' current ROA % of 14.31% is 11% below median its 10-year median of 16.11. Over the past 10 years, this metric has ranged from a low of 9.47 to a high of 25.24. The Chemicals industry median ROA % is 2.90. Speb Adhesives' value of 14.31% is 393.4% above this industry median. Based on the distribution chart, Speb Adhesives ranks #40 out of 1614 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Speb Adhesives has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Speb Adhesives' ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Speb Adhesives ranks #40 out of 1614 companies for ROA %. This places Speb Adhesives in the top 3% of its industry — outperforming the majority of peers. The industry median ROA % is 2.90. Speb Adhesives' value of 14.31% is 393.4% above this benchmark. Historically, Speb Adhesives' own ROA % has ranged from 9.47 to 25.24 over the past decade. While the company's 10-year median is 16.11 vs. the industry median of 2.90, Speb Adhesives 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 Chemicals company?
The median ROA % among Chemicals companies is 2.90, based on 1,614 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. Speb Adhesives's current ROA % of 14.31% is 393.4% 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 Speb Adhesives and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Speb Adhesives's current ROA % is 14.31%, which is 11% below median its own 10-year median of 16.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speb Adhesives stock overvalued right now?
Speb Adhesives (NSE:SPEB) has a current ROA % of 14.31%. The current ROA % is 14.31%, which is 11% below median its 10-year median of 16.11 and 393.4% above the Chemicals industry median of 2.90. Speb Adhesives' overall GF Score™ is 21/100 with 4 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 Speb Adhesives (NSE:SPEB), the current ROA % is 14.31% 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.
Speb Adhesives Ltd is engaged in the manufacturing of solvent-based synthetic rubber adhesives and offers water-based adhesives. The company focuses on in-house manufacturing of solvent-based adhesives, with water-based adhesives being produced on a contractual manufacturing basis. Its product portfolio includes various products customized for industrial and retail applications, such as multi-purpose adhesives, spray-grade adhesives, premium bonding adhesives, Ducting and Insulation adhesives, woodworking adhesives, footwear-grade adhesives, and adhesives used in Generator Sets. The company operates a B2B model through three business channels: dealer-distribution network, industrial sales, and government supply contracts. It generates the majority of its revenue from overseas markets.
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