Dollex Agrotech (NSE:DOLLEX) Return-on-Tangible-Asset: 4.49% (As of Mar. 2026) — 50% Above Median

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NSE:DOLLEX Dollex Agrotech Ltd NSE:DOLLEX
72 GF Score
Price ₹29.65
GF Value ₹45.10
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Dollex Agrotech Return-on-Tangible-Asset?

Dollex Agrotech NSE:DOLLEX -2.31% 72 Return-on-Tangible-Asset is 4.49% as of Mar. 2026, which is 50% above its 10-year median of 2.99. GuruFocus rates NSE:DOLLEX with a GF Score™ of 72/100 and a GF Value™ of ₹45.10 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,997 Consumer Packaged Goods companies, Dollex Agrotech ranks worse than 56.43% 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. Dollex Agrotech's annualized Net Income for the quarter that ended in Mar. 2026 was ₹186 Mil. Dollex Agrotech's average total tangible assets for the quarter that ended in Mar. 2026 was ₹4,135 Mil. Therefore, Dollex Agrotech's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.49%.

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

NSE:DOLLEX' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.65   Med: 2.99   Max: 4.34
Current: 2.54

During the past 7 years, Dollex Agrotech's highest Return-on-Tangible-Asset was 4.34%. The lowest was 0.65%. And the median was 2.99%.

NSE:DOLLEX's Return-on-Tangible-Asset is ranked worse than
56.43% of 1997 companies
in the Consumer Packaged Goods industry
Industry Median: 3.43 vs NSE:DOLLEX: 2.54

Dollex Agrotech  (NSE:DOLLEX) 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.


Dollex Agrotech Return-on-Tangible-Asset Related Terms


Dollex Agrotech Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Dollex Agrotech'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.

Dollex Agrotech Return-on-Tangible-Asset Chart

Dollex Agrotech Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial 2.99 4.34 3.21 2.99 2.42

Dollex Agrotech Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Mar23 Sep23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.24 2.47 0.49 2.24 4.49

NSE:DOLLEX vs MDLZ, HSY, TR: Return-on-Tangible-Asset Comparison

For the Confectioners subindustry, Dollex Agrotech'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.


Dollex Agrotech Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dollex Agrotech's Return-on-Tangible-Asset distribution charts can be found below:

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


NSE:DOLLEX
72GF Score
Dollex Agrotech Ltd NSE:DOLLEX
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dollex Agrotech Return-on-Tangible-Asset Calculation

Dollex Agrotech's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=84.161/( (2828.442+4134.635)/ 2 )
=84.161/3481.5385
=2.42 %

Dollex Agrotech's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=185.524/( (0+4134.635)/ 1 )
=185.524/4134.635
=4.49 %

* 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 4.49% mean?
Dollex Agrotech (NSE:DOLLEX) has a Return-on-Tangible-Asset of 4.49% 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 Dollex Agrotech and its competitors. This is 50% above median its historical median of 2.99. Over the past decade, Dollex Agrotech's Return-on-Tangible-Asset has ranged from 0.65 to 4.34. According to the industry distribution chart, Dollex Agrotech ranks #1127 out of 1997 companies in the Consumer Packaged Goods industry, placing it in the top 56.4%.
Is Dollex Agrotech's Return-on-Tangible-Asset too high?
Dollex Agrotech's current Return-on-Tangible-Asset of 4.49% is 50% above median its 10-year median of 2.99. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 4.34. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.43. Dollex Agrotech's value of 4.49% is 30.9% above this industry median. Based on the distribution chart, Dollex Agrotech ranks #1127 out of 1997 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Dollex Agrotech has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dollex Agrotech's Return-on-Tangible-Asset compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Dollex Agrotech ranks #1127 out of 1997 companies for Return-on-Tangible-Asset. This places Dollex Agrotech in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.43. Dollex Agrotech's value of 4.49% is 30.9% above this benchmark. Historically, Dollex Agrotech's own Return-on-Tangible-Asset has ranged from 0.65 to 4.34 over the past decade. While the company's 10-year median is 2.99 vs. the industry median of 3.43, Dollex Agrotech 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.43, based on 1,997 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. Dollex Agrotech's current Return-on-Tangible-Asset of 4.49% is 30.9% 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 Dollex Agrotech and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dollex Agrotech's current Return-on-Tangible-Asset is 4.49%, which is 50% above median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dollex Agrotech stock overvalued right now?
Based on GuruFocus' analysis, Dollex Agrotech (NSE:DOLLEX) is currently considered Possible Value Trap. The stock's GF Value™ is ₹45.10, compared to a current price of ₹29.65 — trading 34.3% below its estimated fair value. The current Return-on-Tangible-Asset is 4.49%, which is 50% above median its 10-year median of 2.99 and 30.9% above the Consumer Packaged Goods industry median of 3.43. Dollex Agrotech's overall GF Score™ is 72/100 with 9 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 Dollex Agrotech (NSE:DOLLEX), the current Return-on-Tangible-Asset is 4.49% 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 Dollex Agrotech (NSE:DOLLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Dollex Agrotech stock appears to be undervalued. The current stock price of ₹29.65 is trading 34.3% below its estimated GF Value™ of ₹45.10. GuruFocus considers Dollex Agrotech to be Possible Value Trap.

Key valuation signals for NSE:DOLLEX:

  • Return-on-Tangible-Asset: 4.49% (50% above median its 10-year median of 2.99)
  • GF Value™: ₹45.10 vs. price of ₹29.65 (34.3% below fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 30.9% above the Consumer Packaged Goods median (#1127 of 1997)

No single metric tells the full story. See the NSE:DOLLEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dollex Agrotech Business Description

Address 19/1 Manorama Ganj, 205, Naroli Arcade, Near Palasia Square, Indore, MP, IND, 452001
Dollex Agrotech Ltd is engaged in the business of manufacturing and trading sugar with captive power cogeneration capabilities. The company produces and sells its primary products, which include jaggery powder, khandsari sugar, and sells by-products such as molasses, press mud, and bagasse. The bagasse generated produces power, enabling captive power generation up to 3 MW. The company operates through two segments: trading and manufacturing, with the manufacturing segment generating the maximum revenue.
72GF Score

Get the complete analysis for NSE:DOLLEX

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹29.65
Price
₹45.10
GF Value