Ddev Plastiks lndustriesNSE:DDEVPLSTIK +2.76%44 Return-on-Tangible-Asset is 15.10% as of Mar. 2026, which is 11% above its 10-year median of 13.66. GuruFocus rates NSE:DDEVPLSTIK with a GF Score™ of 44/100 and a GF Value™ of ₹216.26 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,611 Chemicals companies, Ddev Plastiks lndustries ranks better than 95.97% 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. Ddev Plastiks lndustries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹2,181 Mil. Ddev Plastiks lndustries's average total tangible assets for the quarter that ended in Mar. 2026 was ₹14,437 Mil. Therefore, Ddev Plastiks lndustries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 15.10%.
The historical rank and industry rank for Ddev Plastiks lndustries's Return-on-Tangible-Asset or its related term are showing as below:
NSE:DDEVPLSTIK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.01 Med: 13.66 Max: 19.05
Current: 15.82
During the past 7 years, Ddev Plastiks lndustries's highest Return-on-Tangible-Asset was 19.05%. The lowest was -4.01%. And the median was 13.66%.
NSE:DDEVPLSTIK's Return-on-Tangible-Asset is ranked better than 95.97% of 1611
companies
in the Chemicals industry
Industry Median: 3.08
vs NSE:DDEVPLSTIK: 15.82
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.
Ddev Plastiks lndustries Return-on-Tangible-Asset Related Terms
Ddev Plastiks lndustries Return-on-Tangible-Asset Historical Data
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The historical data trend for Ddev Plastiks lndustries'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.
NSE:DDEVPLSTIK vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Ddev Plastiks lndustries'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.
Ddev Plastiks lndustries Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ddev Plastiks lndustries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ddev Plastiks lndustries'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 15.10% mean?
Ddev Plastiks lndustries (NSE:DDEVPLSTIK) has a Return-on-Tangible-Asset of 15.10% 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 Ddev Plastiks lndustries and its competitors. This is 11% above median its historical median of 13.66. According to the industry distribution chart, Ddev Plastiks lndustries ranks #65 out of 1611 companies in the Chemicals industry, placing it in the top 4%.
Is Ddev Plastiks lndustries' Return-on-Tangible-Asset too high?
Ddev Plastiks lndustries' current Return-on-Tangible-Asset of 15.10% is 11% above median its 10-year median of 13.66. The Chemicals industry median Return-on-Tangible-Asset is 3.08. Ddev Plastiks lndustries' value of 15.10% is 390.3% above this industry median. Based on the distribution chart, Ddev Plastiks lndustries ranks #65 out of 1611 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Ddev Plastiks lndustries has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ddev Plastiks lndustries' Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ddev Plastiks lndustries ranks #65 out of 1611 companies for Return-on-Tangible-Asset. This places Ddev Plastiks lndustries in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.08. Ddev Plastiks lndustries' value of 15.10% is 390.3% above this benchmark. While the company's 10-year median is 13.66 vs. the industry median of 3.08, Ddev Plastiks lndustries 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 a Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.08, based on 1,611 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. Ddev Plastiks lndustries's current Return-on-Tangible-Asset of 15.10% is 390.3% 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 Ddev Plastiks lndustries and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ddev Plastiks lndustries's current Return-on-Tangible-Asset is 15.10%, which is 11% above median its own 10-year median of 13.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ddev Plastiks lndustries stock overvalued right now?
Based on GuruFocus' analysis, Ddev Plastiks lndustries (NSE:DDEVPLSTIK) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹216.26, compared to a current price of ₹284.75 — trading 31.7% above its estimated fair value. The current Return-on-Tangible-Asset is 15.10%, which is 11% above median its 10-year median of 13.66 and 390.3% above the Chemicals industry median of 3.08. Ddev Plastiks lndustries' overall GF Score™ is 44/100 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 Ddev Plastiks lndustries (NSE:DDEVPLSTIK), the current Return-on-Tangible-Asset is 15.10% 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.
Is Ddev Plastiks lndustries (NSE:DDEVPLSTIK) Overvalued in 2026?
Based on GuruFocus' analysis, Ddev Plastiks lndustries stock appears to be overvalued.
The current stock price of ₹284.75 is trading 31.7% above its estimated GF Value™ of ₹216.26.
GuruFocus considers Ddev Plastiks lndustries to be Significantly Overvalued.
Key valuation signals for NSE:DDEVPLSTIK:
Return-on-Tangible-Asset: 15.10% (11% above median its 10-year median of 13.66)
GF Value™: ₹216.26 vs. price of ₹284.75 (31.7% above fair value)
Industry Position: 390.3% above the Chemicals median (#65 of 1611)
No single metric tells the full story. See the NSE:DDEVPLSTIK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ddev Plastiks lndustries Ltd is a quality supplier of PVC compounds. Its only segment is the manufacturing and sale of Poly Vinyl Chloride Polyethylene, Antifab, and EP Compound. Geographically, it derives a majority of its revenue from India.
44GF Score
Get the complete analysis for NSE:DDEVPLSTIK
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