Happy Square Outsourcing ServicesNSE:WHITEFORCE 18 ROA % is 11.86% as of Mar. 2026, which is 21% below its 10-year median of 14.98. GuruFocus rates NSE:WHITEFORCE with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 1,096 Business Services companies, Happy Square Outsourcing Services ranks better than 85.86% on this metric.
NSE:WHITEFORCE'
s ROA % Range Over the Past 10 Years
Min: 11.86 Med: 14.98 Max: 20.56
Current: 11.86
During the past 4 years, Happy Square Outsourcing Services's highest ROA % was 20.56%. The lowest was 11.86%. And the median was 14.98%.
NSE:WHITEFORCE's ROA % is ranked better than 85.86% of 1096
companies
in the Business Services industry
Industry Median: 3.455
vs NSE:WHITEFORCE: 11.86
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. 2026) net income data. The Revenue data used here is one times the 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.
Happy Square Outsourcing Services ROA % Related Terms
Happy Square Outsourcing Services 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.
Happy Square Outsourcing Services ROA % Chart
Happy Square Outsourcing Services Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
ROA %
12.48
20.56
17.47
11.86
Happy Square Outsourcing Services Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
ROA %
12.48
20.56
17.47
11.86
NSE:WHITEFORCE vs KFY, RHI, TNET: ROA % Comparison
For the Staffing & Employment Services subindustry, Happy Square Outsourcing Services'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.
Happy Square Outsourcing Services ROA % vs Business Services Industry
For the Business Services industry and Industrials sector, Happy Square Outsourcing Services's ROA % distribution charts can be found below:
* The bar in red indicates where Happy Square Outsourcing Services'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. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a ROA % of 11.86% 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 Happy Square Outsourcing Services and its competitors. This is 21% below median its historical median of 14.98. Over the past decade, Happy Square Outsourcing Services' ROA % has ranged from 11.86 to 20.56. According to the industry distribution chart, Happy Square Outsourcing Services ranks #155 out of 1096 companies in the Business Services industry, placing it in the top 14.1%.
Is Happy Square Outsourcing Services' ROA % too high?
Happy Square Outsourcing Services' current ROA % of 11.86% is 21% below median its 10-year median of 14.98. Over the past 10 years, this metric has ranged from a low of 11.86 to a high of 20.56. The Business Services industry median ROA % is 3.46. Happy Square Outsourcing Services' value of 11.86% is 243.3% above this industry median. Based on the distribution chart, Happy Square Outsourcing Services ranks #155 out of 1096 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Happy Square Outsourcing Services has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Happy Square Outsourcing Services' ROA % compare to KFY and RHI?
According to the Business Services industry distribution chart, Happy Square Outsourcing Services ranks #155 out of 1096 companies for ROA %. This places Happy Square Outsourcing Services in the top 14% of its industry — outperforming the majority of peers. The industry median ROA % is 3.46. Happy Square Outsourcing Services' value of 11.86% is 243.3% above this benchmark. Historically, Happy Square Outsourcing Services' own ROA % has ranged from 11.86 to 20.56 over the past decade. While the company's 10-year median is 14.98 vs. the industry median of 3.46, Happy Square Outsourcing Services 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 Business Services company?
The median ROA % among Business Services companies is 3.46, based on 1,096 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. Happy Square Outsourcing Services's current ROA % of 11.86% is 243.3% 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 Happy Square Outsourcing Services and its competitors. For the Business Services industry, the median ROA % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Square Outsourcing Services's current ROA % is 11.86%, which is 21% below median its own 10-year median of 14.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Square Outsourcing Services stock overvalued right now?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a current ROA % of 11.86%. The current ROA % is 11.86%, which is 21% below median its 10-year median of 14.98 and 243.3% above the Business Services industry median of 3.46. Happy Square Outsourcing Services' overall GF Score™ is 18/100 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 Happy Square Outsourcing Services (NSE:WHITEFORCE), the current ROA % is 11.86% 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.
Happy Square Outsourcing Services Business Description
Happy Square Outsourcing Services Ltd is a technology-based consulting firm, involved in tech-based human resource outsourcing business, which focuses on end-to-end solutions. It offers a wide array of services such as Recruitment, Payroll, Onboarding, and flexible staffing. Its comprehensive network, structured processes, professionalism, and work ethics ensure that the company remains at the top on the domestic scale. The company satisfies firms' staffing and recruitment needs in India through its specialized, rich knowledge.
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