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Devine ImpexBOM:531585 67 Return-on-Tangible-Asset is 1.14% as of Jun. 2026, which is 418% above its 10-year median of 0.22. GuruFocus rates BOM:531585 with a GF Score™ of 67/100 and a GF Value™ of ₹8.42 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,132 Retail - Cyclical companies, Devine Impex ranks worse than 66.7% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Devine Impex's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹1.57 Mil. Devine Impex's average total tangible assets for the quarter that ended in Jun. 2026 was ₹137.82 Mil. Therefore, Devine Impex's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.14%.
The historical rank and industry rank for Devine Impex's Return-on-Tangible-Asset or its related term are showing as below:
BOM:531585'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.13 Med: 0.22 Max: 0.59
Current: 0.59
During the past 13 years, Devine Impex's highest Return-on-Tangible-Asset was 0.59%. The lowest was 0.13%. And the median was 0.22%.
BOM:531585's Return-on-Tangible-Asset is ranked worse than 66.7% of 1132
companies
in the Retail - Cyclical industry
Industry Median: 3
vs BOM:531585: 0.59
Devine Impex (BOM:531585) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Devine Impex Return-on-Tangible-Asset Related Terms
Devine Impex Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Devine Impex's Return-on-Tangible-Asset 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.
BOM:531585 vs TPR: Return-on-Tangible-Asset Comparison
For the Luxury Goods subindustry, Devine Impex's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Devine Impex Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Devine Impex's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Devine Impex's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.14% mean?
Devine Impex (BOM:531585) has a Return-on-Tangible-Asset of 1.14% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Devine Impex and its competitors. This is 418% above median its historical median of 0.22. Over the past decade, Devine Impex's Return-on-Tangible-Asset has ranged from 0.13 to 0.59. According to the industry distribution chart, Devine Impex ranks #755 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 66.7%.
Is Devine Impex's Return-on-Tangible-Asset too high?
Devine Impex's current Return-on-Tangible-Asset of 1.14% is 418% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.59. The Retail - Cyclical industry median Return-on-Tangible-Asset is 3.00. Devine Impex's value of 1.14% is 62% below this industry median. Based on the distribution chart, Devine Impex ranks #755 out of 1132 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Devine Impex has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Devine Impex's Return-on-Tangible-Asset compare to TPR?
According to the Retail - Cyclical industry distribution chart, Devine Impex ranks #755 out of 1132 companies for Return-on-Tangible-Asset. This places Devine Impex in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.00. Devine Impex's value of 1.14% is 62% below this benchmark. Historically, Devine Impex's own Return-on-Tangible-Asset has ranged from 0.13 to 0.59 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 3.00, Devine Impex has consistently been below 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 Return-on-Tangible-Asset for a Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 3.00, based on 1,132 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Devine Impex's current Return-on-Tangible-Asset of 1.14% is 62% below 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Devine Impex and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Devine Impex's current Return-on-Tangible-Asset is 1.14%, which is 418% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devine Impex stock overvalued right now?
Based on GuruFocus' analysis, Devine Impex (BOM:531585) is currently considered Fairly Valued. The stock's GF Value™ is ₹8.42, compared to a current price of ₹8.55 — trading 1.5% above its estimated fair value. The current Return-on-Tangible-Asset is 1.14%, which is 418% above median its 10-year median of 0.22 and 62% below the Retail - Cyclical industry median of 3.00. Devine Impex's overall GF Score™ is 67/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Devine Impex (BOM:531585), the current Return-on-Tangible-Asset is 1.14% as of Jun. 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 Devine Impex (BOM:531585) Overvalued in 2026?
Based on GuruFocus' analysis, Devine Impex stock appears to be overvalued.
The current stock price of ₹8.55 is trading 1.5% above its estimated GF Value™ of ₹8.42.
GuruFocus considers Devine Impex to be Fairly Valued.
Key valuation signals for BOM:531585:
Return-on-Tangible-Asset: 1.14% (418% above median its 10-year median of 0.22)
GF Value™: ₹8.42 vs. price of ₹8.55 (1.5% above fair value)
Industry Position: 62% below the Retail - Cyclical median (#755 of 1132)
No single metric tells the full story. See the BOM:531585 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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