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DCG Cables & WiresNSE:DCG +0.19%17 Return-on-Tangible-Asset is 7.86% as of Mar. 2025, which is 11% above its 10-year median of 7.08. GuruFocus rates NSE:DCG with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 3,079 Industrial Products companies, DCG Cables & Wires ranks better than 77.98% 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. DCG Cables & Wires's annualizedNet Income for the quarter that ended in Mar. 2025 was ₹81 Mil. DCG Cables & Wires's average total tangible assets for the quarter that ended in Mar. 2025 was ₹1,031 Mil. Therefore, DCG Cables & Wires's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 7.86%.
The historical rank and industry rank for DCG Cables & Wires's Return-on-Tangible-Asset or its related term are showing as below:
NSE:DCG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.1 Med: 7.08 Max: 14.64
Current: 7.86
During the past 5 years, DCG Cables & Wires's highest Return-on-Tangible-Asset was 14.64%. The lowest was 5.10%. And the median was 7.08%.
NSE:DCG's Return-on-Tangible-Asset is ranked better than 77.98% of 3079
companies
in the Industrial Products industry
Industry Median: 3.28
vs NSE:DCG: 7.86
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.
DCG Cables & Wires Return-on-Tangible-Asset Related Terms
DCG Cables & Wires Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for DCG Cables & Wires'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.
DCG Cables & Wires Return-on-Tangible-Asset Chart
DCG Cables & Wires Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
6.27
5.10
7.08
14.64
7.86
DCG Cables & Wires Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
6.27
5.10
7.08
14.64
7.86
NSE:DCG vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, DCG Cables & Wires'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.
DCG Cables & Wires Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, DCG Cables & Wires's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where DCG Cables & Wires'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 7.86% mean?
DCG Cables & Wires (NSE:DCG) has a Return-on-Tangible-Asset of 7.86% 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 DCG Cables & Wires and its competitors. This is 11% above median its historical median of 7.08. Over the past decade, DCG Cables & Wires' Return-on-Tangible-Asset has ranged from 5.10 to 14.64. According to the industry distribution chart, DCG Cables & Wires ranks #678 out of 3079 companies in the Industrial Products industry, placing it in the top 22%.
Is DCG Cables & Wires' Return-on-Tangible-Asset too high?
DCG Cables & Wires' current Return-on-Tangible-Asset of 7.86% is 11% above median its 10-year median of 7.08. Over the past 10 years, this metric has ranged from a low of 5.10 to a high of 14.64. The Industrial Products industry median Return-on-Tangible-Asset is 3.28. DCG Cables & Wires' value of 7.86% is 139.6% above this industry median. Based on the distribution chart, DCG Cables & Wires ranks #678 out of 3079 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, DCG Cables & Wires has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does DCG Cables & Wires' Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, DCG Cables & Wires ranks #678 out of 3079 companies for Return-on-Tangible-Asset. This places DCG Cables & Wires in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.28. DCG Cables & Wires' value of 7.86% is 139.6% above this benchmark. Historically, DCG Cables & Wires' own Return-on-Tangible-Asset has ranged from 5.10 to 14.64 over the past decade. While the company's 10-year median is 7.08 vs. the industry median of 3.28, DCG Cables & Wires 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 3.28, based on 3,079 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. DCG Cables & Wires's current Return-on-Tangible-Asset of 7.86% is 139.6% 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 DCG Cables & Wires and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DCG Cables & Wires's current Return-on-Tangible-Asset is 7.86%, which is 11% above median its own 10-year median of 7.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DCG Cables & Wires stock overvalued right now?
DCG Cables & Wires (NSE:DCG) has a current Return-on-Tangible-Asset of 7.86%. The current Return-on-Tangible-Asset is 7.86%, which is 11% above median its 10-year median of 7.08 and 139.6% above the Industrial Products industry median of 3.28. DCG Cables & Wires' overall GF Score™ is 17/100 with 3 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 DCG Cables & Wires (NSE:DCG), the current Return-on-Tangible-Asset is 7.86% 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.
DCG Cables & Wires Ltd is a manufacturer of copper cables and wires. It focus is on manufacturing of different types of copper cables which finds application in Transformers that consists of Copper Strips, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica) Bare Copper Wires and Strips, Copper Tapes and Fiber Glass Copper. It also provide paper-covered copper conductors in both rectangular and round shapes, as well as multi-paper-covered copper conductors and connection cables designed specifically for transformers.
17GF Score
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