ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Tamil Nadu Newsprint & Papers's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹9,612 Mil.
Tamil Nadu Newsprint & Papers's average Total Assets over the quarter that ended in Mar. 2026 was ₹62,101 Mil. Therefore, Tamil Nadu Newsprint & Papers's annualized ROA % for the quarter that ended in Mar. 2026 was 15.48%.
The historical rank and industry rank for Tamil Nadu Newsprint & Papers's ROA % or its related term are showing as below:
NSE:TNPL'
s ROA % Range Over the Past 10 Years
Min: -1.13 Med: 2.03 Max: 6.52
Current: 4.08
During the past 13 years, Tamil Nadu Newsprint & Papers's highest ROA % was 6.52%. The lowest was -1.13%. And the median was 2.03%.
NSE:TNPL's ROA % is ranked better than 80.56% of 288
companies
in the Forest Products industry
Industry Median: 0.95
vs NSE:TNPL: 4.08
Tamil Nadu Newsprint & Papers (NSE:TNPL) 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.
Tamil Nadu Newsprint & Papers ROA % Related Terms
Tamil Nadu Newsprint & Papers ROA % Historical 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.
Tamil Nadu Newsprint & Papers ROA % Competitor Comparison
For the Paper & Paper Products subindustry, Tamil Nadu Newsprint & Papers'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.
Tamil Nadu Newsprint & Papers ROA % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Tamil Nadu Newsprint & Papers's ROA % distribution charts can be found below:
* The bar in red indicates where Tamil Nadu Newsprint & Papers'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.
Tamil Nadu Newsprint & Papers (NSE:TNPL) has a ROA % of 15.48% 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 Tamil Nadu Newsprint & Papers and its competitors. This is 663% above median its historical median of 2.03. According to the industry distribution chart, Tamil Nadu Newsprint & Papers ranks #56 out of 288 companies in the Forest Products industry, placing it in the top 19.4%.
Is Tamil Nadu Newsprint & Papers' ROA % too high?
Tamil Nadu Newsprint & Papers' current ROA % of 15.48% is 663% above median its 10-year median of 2.03. The Forest Products industry median ROA % is 0.95. Tamil Nadu Newsprint & Papers' value of 15.48% is 1529.5% above this industry median. Based on the distribution chart, Tamil Nadu Newsprint & Papers ranks #56 out of 288 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Tamil Nadu Newsprint & Papers has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tamil Nadu Newsprint & Papers' ROA % compare to competitors?
According to the Forest Products industry distribution chart, Tamil Nadu Newsprint & Papers ranks #56 out of 288 companies for ROA %. This places Tamil Nadu Newsprint & Papers in the top 19% of its industry — outperforming the majority of peers. The industry median ROA % is 0.95. Tamil Nadu Newsprint & Papers' value of 15.48% is 1529.5% above this benchmark. While the company's 10-year median is 2.03 vs. the industry median of 0.95, Tamil Nadu Newsprint & Papers 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 Forest Products company?
The median ROA % among Forest Products companies is 0.95, based on 288 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. Tamil Nadu Newsprint & Papers's current ROA % of 15.48% is 1529.5% 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 Tamil Nadu Newsprint & Papers and its competitors. For the Forest Products industry, the median ROA % is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tamil Nadu Newsprint & Papers's current ROA % is 15.48%, which is 663% above median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamil Nadu Newsprint & Papers stock overvalued right now?
Based on GuruFocus' analysis, Tamil Nadu Newsprint & Papers (NSE:TNPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹183.57, compared to a current price of ₹144.99 — trading 21% below its estimated fair value. The current ROA % is 15.48%, which is 663% above median its 10-year median of 2.03 and 1529.5% above the Forest Products industry median of 0.95. Tamil Nadu Newsprint & Papers' overall GF Score™ is 72/100 with 6 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 Tamil Nadu Newsprint & Papers (NSE:TNPL), the current ROA % is 15.48% 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 Tamil Nadu Newsprint & Papers (NSE:TNPL) Overvalued in 2026?
Based on GuruFocus' analysis, Tamil Nadu Newsprint & Papers stock appears to be undervalued.
The current stock price of ₹144.99 is trading 21% below its estimated GF Value™ of ₹183.57.
GuruFocus considers Tamil Nadu Newsprint & Papers to be Modestly Undervalued.
Key valuation signals for NSE:TNPL:
ROA %: 15.48% (663% above median its 10-year median of 2.03)
GF Value™: ₹183.57 vs. price of ₹144.99 (21% below fair value)
Industry Position: 1529.5% above the Forest Products median (#56 of 288)
No single metric tells the full story. See the NSE:TNPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tamil Nadu Newsprint & Papers Business Description
Tamil Nadu Newsprint & Papers Ltd is engaged in the business of printing and writing paper. It operates in two segments Paper & Paper Board and Energy. Paper & Paper Board is involved in the Manufacturing and selling of Paper and Paper boards, and the Energy involved in the Generation of Power through TGs and Windmills for captive consumption and for export of power. Its products include Paper, Packaging Board, Cement, and Marketing Network.
72GF Score
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