Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Turtlemint Fintech Solutions's annualizedNet Income for the quarter that ended in Mar. 2025 was ₹-2,026 Mil.
Turtlemint Fintech Solutions's average Total Assets over the quarter that ended in Mar. 2025 was ₹5,956 Mil. Therefore, Turtlemint Fintech Solutions's annualized ROA % for the quarter that ended in Mar. 2025 was -34.01%.
The historical rank and industry rank for Turtlemint Fintech Solutions's ROA % or its related term are showing as below:
NSE:TURTLEMINT'
s ROA % Range Over the Past 10 Years
Min: -34.01 Med: -31.52 Max: -24.72
Current: -34.01
During the past 3 years, Turtlemint Fintech Solutions's highest ROA % was -24.72%. The lowest was -34.01%. And the median was -31.52%.
NSE:TURTLEMINT's ROA % is ranked worse than 99.21% of 509
companies
in the Insurance industry
Industry Median: 2.64
vs NSE:TURTLEMINT: -34.01
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 one times the annual (Mar. 2025) net income data. The Revenue data used here is one times the annual (Mar. 2025) 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.
Turtlemint Fintech Solutions ROA % Related Terms
Turtlemint Fintech Solutions 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.
Turtlemint Fintech Solutions ROA % Chart
Turtlemint Fintech Solutions Annual Data
Trend
Mar23
Mar24
Mar25
ROA %
-31.52
-24.72
-34.01
Turtlemint Fintech Solutions Semi-Annual Data
Mar23
Mar24
Mar25
ROA %
-31.52
-24.72
-34.01
NSE:TURTLEMINT vs MRSH, AON, AJG: ROA % Comparison
For the Insurance Brokers subindustry, Turtlemint Fintech Solutions'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.
Turtlemint Fintech Solutions ROA % vs Insurance Industry
For the Insurance industry and Financial Services sector, Turtlemint Fintech Solutions's ROA % distribution charts can be found below:
* The bar in red indicates where Turtlemint Fintech Solutions'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 one times the annual (Mar. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Turtlemint Fintech Solutions (NSE:TURTLEMINT) has a ROA % of -34.01% as of Mar. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Turtlemint Fintech Solutions and its competitors. According to the industry distribution chart, Turtlemint Fintech Solutions ranks #505 out of 509 companies in the Insurance industry, placing it in the top 99.2%.
Is Turtlemint Fintech Solutions' ROA % too high?
Turtlemint Fintech Solutions' current ROA % is -34.01%. Based on the distribution chart, Turtlemint Fintech Solutions ranks #505 out of 509 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Turtlemint Fintech Solutions has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Turtlemint Fintech Solutions' ROA % compare to MRSH and AON?
According to the Insurance industry distribution chart, Turtlemint Fintech Solutions ranks #505 out of 509 companies for ROA %. This places Turtlemint Fintech Solutions in the lower half of its industry. The industry median ROA % is 2.64. 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 Insurance company?
The median ROA % among Insurance companies is 2.64, based on 509 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 Turtlemint Fintech Solutions and its competitors. For the Insurance industry, the median ROA % is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turtlemint Fintech Solutions's current ROA % is -34.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turtlemint Fintech Solutions stock overvalued right now?
Turtlemint Fintech Solutions (NSE:TURTLEMINT) has a current ROA % of -34.01%. The current ROA % is -34.01%. Turtlemint Fintech Solutions' overall GF Score™ is 8/100 with 1 warning sign 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 Turtlemint Fintech Solutions (NSE:TURTLEMINT), the current ROA % is -34.01% as of Mar. 2025. 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.
Turtlemint Fintech Solutions Ltd is engaged in the business of providing information technology and business support services, advertising and marketing services and distribution of mutual funds. It also provides insurance broking services for retail insurance products such as motor, health, and life insurance. The company owns the TurtlemintPro application, which is used to facilitate the promotion of its services. It derives the majority of its revenue from general insurance companies, arising from the sale of motor insurance products.
8GF Score
Get the complete analysis for NSE:TURTLEMINT
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:TURTLEMINT has been successfully added to your 
