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NSE:VICTORYEV's ROA % is ranked better than 66.79% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 2.95
vs NSE:VICTORYEV: 5.04
Victory Electric Vehicles International (NSE:VICTORYEV) 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 (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.
Victory Electric Vehicles International ROA % Related Terms
Victory Electric Vehicles International 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.
Victory Electric Vehicles International ROA % Chart
Victory Electric Vehicles International Annual Data
Trend
Mar23
Mar24
Mar25
ROA %
4.11
23.80
19.44
Victory Electric Vehicles International Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
ROA %
0.00
0.00
0.00
10.08
NSE:VICTORYEV vs TSLA, GM, F: ROA % Comparison
For the Auto Manufacturers subindustry, Victory Electric Vehicles International'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.
Victory Electric Vehicles International ROA % vs Vehicles & Parts Industry
* 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 (Sep. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Victory Electric Vehicles International (NSE:VICTORYEV) has a ROA % of 10.08% as of Sep. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Victory Electric Vehicles International and its competitors. This is 48% below median its historical median of 19.44. Over the past decade, Victory Electric Vehicles International's ROA % has ranged from 4.11 to 23.80. According to the industry distribution chart, Victory Electric Vehicles International ranks #442 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 33.2%.
Is Victory Electric Vehicles International's ROA % too high?
Victory Electric Vehicles International's current ROA % of 10.08% is 48% below median its 10-year median of 19.44. Over the past 10 years, this metric has ranged from a low of 4.11 to a high of 23.80. The Vehicles & Parts industry median ROA % is 2.95. Victory Electric Vehicles International's value of 10.08% is 241.7% above this industry median. Based on the distribution chart, Victory Electric Vehicles International ranks #442 out of 1331 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Victory Electric Vehicles International has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Victory Electric Vehicles International's ROA % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Victory Electric Vehicles International ranks #442 out of 1331 companies for ROA %. This puts Victory Electric Vehicles International in the upper half of its industry. The industry median ROA % is 2.95. Victory Electric Vehicles International's value of 10.08% is 241.7% above this benchmark. Historically, Victory Electric Vehicles International's own ROA % has ranged from 4.11 to 23.80 over the past decade. While the company's 10-year median is 19.44 vs. the industry median of 2.95, Victory Electric Vehicles International 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 Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 2.95, based on 1,331 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. Victory Electric Vehicles International's current ROA % of 10.08% is 241.7% 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 Victory Electric Vehicles International and its competitors. For the Vehicles & Parts industry, the median ROA % is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victory Electric Vehicles International's current ROA % is 10.08%, which is 48% below median its own 10-year median of 19.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory Electric Vehicles International stock overvalued right now?
Victory Electric Vehicles International (NSE:VICTORYEV) has a current ROA % of 10.08%. The current ROA % is 10.08%, which is 48% below median its 10-year median of 19.44 and 241.7% above the Vehicles & Parts industry median of 2.95. Victory Electric Vehicles International's overall GF Score™ is 18/100 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 Victory Electric Vehicles International (NSE:VICTORYEV), the current ROA % is 10.08% as of Sep. 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.
Victory Electric Vehicles International Business Description
Victory Electric Vehicles International Ltd is engaged in the business of manufacturing of battery operated electric rickshaws and electric scooters. The company's key offerings include solar rickshaws, Auto-rickshaws, Motor vehicles, Scooters, Motor-Scooters, three-wheelers, motor cycles, cycles automobiles, and motorcars. Its product segments include Two wheelers, Three wheelers, Passenger Vehicles, and Commercial Vehicles. The company generates the majority of revenue from the sale of Electric Vehicles, mainly from Three-Wheeler vehicle sales.
18GF Score
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