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Davin Sons RetailBOM:544331 21 Return-on-Tangible-Asset is 2.03% as of Mar. 2026, which is 89% below its 10-year median of 18.13. GuruFocus rates BOM:544331 with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 559 Conglomerates companies, Davin Sons Retail ranks better than 60.47% 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. Davin Sons Retail's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹4.09 Mil. Davin Sons Retail's average total tangible assets for the quarter that ended in Mar. 2026 was ₹201.31 Mil. Therefore, Davin Sons Retail's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.03%.
The historical rank and industry rank for Davin Sons Retail's Return-on-Tangible-Asset or its related term are showing as below:
BOM:544331'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.75 Med: 18.13 Max: 24.57
Current: 3.87
During the past 5 years, Davin Sons Retail's highest Return-on-Tangible-Asset was 24.57%. The lowest was 3.75%. And the median was 18.13%.
BOM:544331's Return-on-Tangible-Asset is ranked better than 60.47% of 559
companies
in the Conglomerates industry
Industry Median: 2.73
vs BOM:544331: 3.87
Davin Sons Retail (BOM:544331) 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.
Davin Sons Retail Return-on-Tangible-Asset Related Terms
Davin Sons Retail Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Davin Sons Retail'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:544331 vs MMM, HON: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Davin Sons Retail'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.
Davin Sons Retail Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Davin Sons Retail's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Davin Sons Retail'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.03% mean?
Davin Sons Retail (BOM:544331) has a Return-on-Tangible-Asset of 2.03% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Davin Sons Retail and its competitors. This is 89% below median its historical median of 18.13. Over the past decade, Davin Sons Retail's Return-on-Tangible-Asset has ranged from 3.75 to 24.57. According to the industry distribution chart, Davin Sons Retail ranks #221 out of 559 companies in the Conglomerates industry, placing it in the top 39.5%.
Is Davin Sons Retail's Return-on-Tangible-Asset too high?
Davin Sons Retail's current Return-on-Tangible-Asset of 2.03% is 89% below median its 10-year median of 18.13. Over the past 10 years, this metric has ranged from a low of 3.75 to a high of 24.57. The Conglomerates industry median Return-on-Tangible-Asset is 2.73. Davin Sons Retail's value of 2.03% is 25.6% below this industry median. Based on the distribution chart, Davin Sons Retail ranks #221 out of 559 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Davin Sons Retail has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Davin Sons Retail's Return-on-Tangible-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, Davin Sons Retail ranks #221 out of 559 companies for Return-on-Tangible-Asset. This puts Davin Sons Retail in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.73. Davin Sons Retail's value of 2.03% is 25.6% below this benchmark. Historically, Davin Sons Retail's own Return-on-Tangible-Asset has ranged from 3.75 to 24.57 over the past decade. While the company's 10-year median is 18.13 vs. the industry median of 2.73, Davin Sons Retail 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.73, based on 559 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. Davin Sons Retail's current Return-on-Tangible-Asset of 2.03% is 25.6% 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 Davin Sons Retail and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Davin Sons Retail's current Return-on-Tangible-Asset is 2.03%, which is 89% below median its own 10-year median of 18.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Davin Sons Retail stock overvalued right now?
Davin Sons Retail (BOM:544331) has a current Return-on-Tangible-Asset of 2.03%. The current Return-on-Tangible-Asset is 2.03%, which is 89% below median its 10-year median of 18.13 and 25.6% below the Conglomerates industry median of 2.73. Davin Sons Retail's overall GF Score™ is 21/100 with 5 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 Davin Sons Retail (BOM:544331), the current Return-on-Tangible-Asset is 2.03% 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.
Davin Sons Retail Ltd operates through two main business verticals: manufacturing readymade garments and distributing fast-moving consumer goods (FMCG). The company designs and produces a variety of garments, including jeans, denim jackets, and shirts for other brands, outsourcing manufacturing on a job-work basis. Its FMCG distribution arm handles branded packaged foods, beverages such as non-alcoholic energy drinks, snacks, and other products, serving a broad customer base across several Indian states. Davin Sons Retail generates revenue from garment sales and FMCG product distribution; the majority of revenue is from the FMCG products.
21GF Score
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