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Danish PowerNSE:DANISH -1.18%21 Return-on-Tangible-Asset is 20.41% as of Mar. 2025, which is 45% above its 10-year median of 14.03. GuruFocus rates NSE:DANISH with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 3,077 Industrial Products companies, Danish Power ranks better than 97.53% 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. Danish Power's annualizedNet Income for the quarter that ended in Mar. 2025 was ₹576 Mil. Danish Power's average total tangible assets for the quarter that ended in Mar. 2025 was ₹2,821 Mil. Therefore, Danish Power's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 20.41%.
The historical rank and industry rank for Danish Power's Return-on-Tangible-Asset or its related term are showing as below:
NSE:DANISH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.51 Med: 14.03 Max: 27.93
Current: 20.41
During the past 4 years, Danish Power's highest Return-on-Tangible-Asset was 27.93%. The lowest was 4.51%. And the median was 14.03%.
NSE:DANISH's Return-on-Tangible-Asset is ranked better than 97.53% of 3077
companies
in the Industrial Products industry
Industry Median: 3.26
vs NSE:DANISH: 20.41
Danish Power (NSE:DANISH) 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.
Danish Power Return-on-Tangible-Asset Related Terms
Danish Power Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Danish Power'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.
Danish Power Return-on-Tangible-Asset Chart
Danish Power Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
4.51
7.64
27.93
20.41
Danish Power Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
4.51
7.64
27.93
20.41
NSE:DANISH vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Danish Power'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.
Danish Power Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Danish Power's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Danish Power'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 one times the annual (Mar. 2025) net income data.
What does a Return-on-Tangible-Asset of 20.41% mean?
Danish Power (NSE:DANISH) has a Return-on-Tangible-Asset of 20.41% as of Mar. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Danish Power and its competitors. This is 45% above median its historical median of 14.03. Over the past decade, Danish Power's Return-on-Tangible-Asset has ranged from 4.51 to 27.93. According to the industry distribution chart, Danish Power ranks #76 out of 3077 companies in the Industrial Products industry, placing it in the top 2.5%.
Is Danish Power's Return-on-Tangible-Asset too high?
Danish Power's current Return-on-Tangible-Asset of 20.41% is 45% above median its 10-year median of 14.03. Over the past 10 years, this metric has ranged from a low of 4.51 to a high of 27.93. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Danish Power's value of 20.41% is 526.1% above this industry median. Based on the distribution chart, Danish Power ranks #76 out of 3077 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Danish Power has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Danish Power's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Danish Power ranks #76 out of 3077 companies for Return-on-Tangible-Asset. This places Danish Power in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. Danish Power's value of 20.41% is 526.1% above this benchmark. Historically, Danish Power's own Return-on-Tangible-Asset has ranged from 4.51 to 27.93 over the past decade. While the company's 10-year median is 14.03 vs. the industry median of 3.26, Danish Power 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 Return-on-Tangible-Asset for an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,077 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. Danish Power's current Return-on-Tangible-Asset of 20.41% is 526.1% 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 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 Danish Power and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Danish Power's current Return-on-Tangible-Asset is 20.41%, which is 45% above median its own 10-year median of 14.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danish Power stock overvalued right now?
Danish Power (NSE:DANISH) has a current Return-on-Tangible-Asset of 20.41%. The current Return-on-Tangible-Asset is 20.41%, which is 45% above median its 10-year median of 14.03 and 526.1% above the Industrial Products industry median of 3.26. Danish Power's overall GF Score™ is 21/100 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 Danish Power (NSE:DANISH), the current Return-on-Tangible-Asset is 20.41% as of Mar. 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.
Danish Power Ltd is a manufacturer of power equipment specializing in transformers, panels, automation, and substations, serving both Indian and international markets. The company operates through two business segments: Transformers and Panels, with the Transformers segment accounting for the majority of its revenue. Its product portfolio includes power transformers up to 100 MVA 245 kV, distribution transformers up to 5 MVA 33 kV, dry-type cast resin transformers, inverter duty and wind turbine generator transformers, special application transformers, control relay panels with substation automation (up to 400 kV), compact and pad-mounted substations, and traction transformers. The company derives the majority of its revenue from the domestic market.
21GF Score
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