ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Surani Steel Tubes's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹-1.3 Mil.
Surani Steel Tubes's average Total Assets over the quarter that ended in Mar. 2026 was ₹1,877.9 Mil. Therefore, Surani Steel Tubes's annualized ROA % for the quarter that ended in Mar. 2026 was -0.07%.
The historical rank and industry rank for Surani Steel Tubes's ROA % or its related term are showing as below:
NSE:SURANI'
s ROA % Range Over the Past 10 Years
Min: -10.67 Med: 0.79 Max: 8.36
Current: 1.15
During the past 13 years, Surani Steel Tubes's highest ROA % was 8.36%. The lowest was -10.67%. And the median was 0.79%.
NSE:SURANI's ROA % is ranked worse than 55.92% of 633
companies
in the Steel industry
Industry Median: 1.92
vs NSE:SURANI: 1.15
Surani Steel Tubes (NSE:SURANI) 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.
Surani Steel Tubes ROA % Related Terms
Surani Steel Tubes ROA % Historical Data
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The historical data trend for Surani Steel Tubes'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, Surani Steel Tubes'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.
Surani Steel Tubes ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Surani Steel Tubes's ROA % distribution charts can be found below:
* The bar in red indicates where Surani Steel Tubes'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.
Surani Steel Tubes (NSE:SURANI) has a ROA % of -0.07% 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 Surani Steel Tubes and its competitors. According to the industry distribution chart, Surani Steel Tubes ranks #354 out of 633 companies in the Steel industry, placing it in the top 55.9%.
Is Surani Steel Tubes' ROA % too high?
Surani Steel Tubes' current ROA % is -0.07%. Based on the distribution chart, Surani Steel Tubes ranks #354 out of 633 companies in the Steel industry, which is below the industry midpoint. Overall, Surani Steel Tubes has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surani Steel Tubes' ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Surani Steel Tubes ranks #354 out of 633 companies for ROA %. This places Surani Steel Tubes in the lower half of its industry. The industry median ROA % is 1.92. 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 1.92, 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. 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 Surani Steel Tubes and its competitors. For the Steel industry, the median ROA % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surani Steel Tubes's current ROA % is -0.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surani Steel Tubes stock overvalued right now?
Based on GuruFocus' analysis, Surani Steel Tubes (NSE:SURANI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹71.08, compared to a current price of ₹99.35 — trading 39.8% above its estimated fair value. The current ROA % is -0.07%. Surani Steel Tubes' overall GF Score™ is 59/100 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 Surani Steel Tubes (NSE:SURANI), the current ROA % is -0.07% 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 Surani Steel Tubes (NSE:SURANI) Overvalued in 2026?
Based on GuruFocus' analysis, Surani Steel Tubes stock appears to be overvalued.
The current stock price of ₹99.35 is trading 39.8% above its estimated GF Value™ of ₹71.08.
GuruFocus considers Surani Steel Tubes to be Significantly Overvalued.
Key valuation signals for NSE:SURANI:
ROA %: -0.07%
GF Value™: ₹71.08 vs. price of ₹99.35 (39.8% above fair value)
No single metric tells the full story. See the NSE:SURANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Surani Steel Tubes Ltd is engaged in manufacturing and supplying ERW pipes and steel tubes. The company operates a single segment named manufacturing ERW MS PIPES and trading of MS PIPE. The company's products include ERW Round Pipes and Tubes, Square and Rectangle Hollow Sections, MS Slit Coils and Strips, Hot Roll Coils, and others. Geographically, it operates only in India.
59GF Score
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