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Prevest Denpro (BOM:543363) Return-on-Tangible-Asset : 18.27% (As of Mar. 2025)


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What is Prevest Denpro Return-on-Tangible-Asset?

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. Prevest Denpro's annualized Net Income for the quarter that ended in Mar. 2025 was ₹205.6 Mil. Prevest Denpro's average total tangible assets for the quarter that ended in Mar. 2025 was ₹1,125.3 Mil. Therefore, Prevest Denpro's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 18.27%.

The historical rank and industry rank for Prevest Denpro's Return-on-Tangible-Asset or its related term are showing as below:

BOM:543363' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 17.51   Med: 27.5   Max: 43.91
Current: 17.57

During the past 7 years, Prevest Denpro's highest Return-on-Tangible-Asset was 43.91%. The lowest was 17.51%. And the median was 27.50%.

BOM:543363's Return-on-Tangible-Asset is ranked better than
94.34% of 865 companies
in the Medical Devices & Instruments industry
Industry Median: -0.95 vs BOM:543363: 17.57

Prevest Denpro Return-on-Tangible-Asset Historical Data

The historical data trend for Prevest Denpro'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.

* Premium members only.

Prevest Denpro Return-on-Tangible-Asset Chart

Prevest Denpro Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 27.85 24.40 43.91 31.57 17.51

Prevest Denpro Quarterly Data
Mar19 Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.14 15.49 18.76 17.63 18.27

Competitive Comparison of Prevest Denpro's Return-on-Tangible-Asset

For the Medical Instruments & Supplies subindustry, Prevest Denpro'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.


Prevest Denpro's Return-on-Tangible-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Prevest Denpro's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Prevest Denpro's Return-on-Tangible-Asset falls into.


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Prevest Denpro Return-on-Tangible-Asset Calculation

Prevest Denpro's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=181.552/( (948.158+1125.286)/ 2 )
=181.552/1036.722
=17.51 %

Prevest Denpro's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=205.644/( (0+1125.286)/ 1 )
=205.644/1125.286
=18.27 %

* 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 (Mar. 2025) net income data.


Prevest Denpro  (BOM:543363) 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 company’s 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 company’s 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.


Prevest Denpro Return-on-Tangible-Asset Related Terms

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Prevest Denpro Business Description

Traded in Other Exchanges
N/A
Address
EPIP, Kartholi, Bari Brahmana, Samba, Jammu & Kashmir, HP, IND, 181133
Prevest Denpro Ltd develops, manufactures and markets a comprehensive portfolio of dental materials for diagnosing, treating and preventing dental conditions as well as improving the aesthetics of the human smile. The company's product portfolio covers wide spectrum of materials for endodontics, prosthodontics, orthodontics, periodontics, restorative dentistry, aesthetic dentistry and laboratory consumables.

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