Tega IndustriesNSE:TEGA -0.51%90 ROA % is 3.96% as of Mar. 2026, which is 62% below its 10-year median of 10.34. GuruFocus rates NSE:TEGA with a GF Score™ of 90/100 and a GF Value™ of ₹1,699.09 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,075 Industrial Products companies, Tega Industries ranks better than 63.87% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Tega Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,707 Mil.
Tega Industries's average Total Assets over the quarter that ended in Mar. 2026 was ₹43,145 Mil. Therefore, Tega Industries's annualized ROA % for the quarter that ended in Mar. 2026 was 3.96%.
The historical rank and industry rank for Tega Industries's ROA % or its related term are showing as below:
NSE:TEGA'
s ROA % Range Over the Past 10 Years
Min: 4.13 Med: 10.34 Max: 14.32
Current: 5
During the past 8 years, Tega Industries's highest ROA % was 14.32%. The lowest was 4.13%. And the median was 10.34%.
NSE:TEGA's ROA % is ranked better than 63.87% of 3075
companies
in the Industrial Products industry
Industry Median: 3.05
vs NSE:TEGA: 5.00
Tega Industries (NSE:TEGA) 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.
Tega Industries ROA % Related Terms
Tega Industries ROA % Historical Data
* Premium members only.
The historical data trend for Tega Industries'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 Industrial Machinery subindustry, Tega Industries'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.
Tega Industries ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tega Industries's ROA % distribution charts can be found below:
* The bar in red indicates where Tega Industries'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.
Tega Industries (NSE:TEGA) has a ROA % of 3.96% 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 Tega Industries and its competitors. This is 62% below median its historical median of 10.34. Over the past decade, Tega Industries' ROA % has ranged from 4.13 to 14.32. According to the industry distribution chart, Tega Industries ranks #1111 out of 3075 companies in the Industrial Products industry, placing it in the top 36.1%.
Is Tega Industries' ROA % too high?
Tega Industries' current ROA % of 3.96% is 62% below median its 10-year median of 10.34. Over the past 10 years, this metric has ranged from a low of 4.13 to a high of 14.32. The Industrial Products industry median ROA % is 3.05. Tega Industries' value of 3.96% is 29.8% above this industry median. Based on the distribution chart, Tega Industries ranks #1111 out of 3075 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tega Industries has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tega Industries' ROA % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tega Industries ranks #1111 out of 3075 companies for ROA %. This puts Tega Industries in the upper half of its industry. The industry median ROA % is 3.05. Tega Industries' value of 3.96% is 29.8% above this benchmark. Historically, Tega Industries' own ROA % has ranged from 4.13 to 14.32 over the past decade. While the company's 10-year median is 10.34 vs. the industry median of 3.05, Tega Industries 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 an Industrial Products company?
The median ROA % among Industrial Products companies is 3.05, based on 3,075 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. Tega Industries's current ROA % of 3.96% is 29.8% 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 Tega Industries and its competitors. For the Industrial Products industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tega Industries's current ROA % is 3.96%, which is 62% below median its own 10-year median of 10.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tega Industries stock overvalued right now?
Based on GuruFocus' analysis, Tega Industries (NSE:TEGA) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,699.09, compared to a current price of ₹1,730.20 — trading 1.8% above its estimated fair value. The current ROA % is 3.96%, which is 62% below median its 10-year median of 10.34 and 29.8% above the Industrial Products industry median of 3.05. Tega Industries' overall GF Score™ is 90/100 with 5 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 Tega Industries (NSE:TEGA), the current ROA % is 3.96% 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 Tega Industries (NSE:TEGA) Overvalued in 2026?
Based on GuruFocus' analysis, Tega Industries stock appears to be overvalued.
The current stock price of ₹1,730.20 is trading 1.8% above its estimated GF Value™ of ₹1,699.09.
GuruFocus considers Tega Industries to be Fairly Valued.
Key valuation signals for NSE:TEGA:
ROA %: 3.96% (62% below median its 10-year median of 10.34)
GF Value™: ₹1,699.09 vs. price of ₹1,730.20 (1.8% above fair value)
Industry Position: 29.8% above the Industrial Products median (#1111 of 3075)
No single metric tells the full story. See the NSE:TEGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tega Industries Ltd is a manufacturer of specialized consumable products for the mineral beneficiation, mining, and bulk solids handling industry. The company offers a range of specialized abrasion and wear-resistant rubber, polyurethane, steel, and ceramic-based lining components required for mining and mineral processing, screening, grinding, and material handling. It operates in India as well as outside India.
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