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JSW DuluxNSE:JSWDULUX +3.33%72 Return-on-Tangible-Asset is 12.06% as of Jun. 2026, which is 4% below its 10-year median of 12.60. GuruFocus rates NSE:JSWDULUX with a GF Score™ of 72/100 and a GF Value™ of ₹2,800.52 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,615 Chemicals companies, JSW Dulux ranks better than 99.81% 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. JSW Dulux's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹3,188 Mil. JSW Dulux's average total tangible assets for the quarter that ended in Jun. 2026 was ₹26,425 Mil. Therefore, JSW Dulux's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 12.06%.
The historical rank and industry rank for JSW Dulux's Return-on-Tangible-Asset or its related term are showing as below:
NSE:JSWDULUX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.57 Med: 12.6 Max: 73.64
Current: 73.64
During the past 13 years, JSW Dulux's highest Return-on-Tangible-Asset was 73.64%. The lowest was 8.57%. And the median was 12.60%.
NSE:JSWDULUX's Return-on-Tangible-Asset is ranked better than 99.81% of 1615
companies
in the Chemicals industry
Industry Median: 3.16
vs NSE:JSWDULUX: 73.64
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.
JSW Dulux Return-on-Tangible-Asset Related Terms
JSW Dulux Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for JSW Dulux'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:JSWDULUX vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, JSW Dulux'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.
JSW Dulux Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, JSW Dulux's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where JSW Dulux'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 12.06% mean?
JSW Dulux (NSE:JSWDULUX) has a Return-on-Tangible-Asset of 12.06% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on JSW Dulux and its competitors. This is near median its historical median of 12.60. Over the past decade, JSW Dulux's Return-on-Tangible-Asset has ranged from 8.57 to 73.64. According to the industry distribution chart, JSW Dulux ranks #3 out of 1615 companies in the Chemicals industry, placing it in the top 0.2%.
Is JSW Dulux's Return-on-Tangible-Asset too high?
JSW Dulux's current Return-on-Tangible-Asset of 12.06% is near median its 10-year median of 12.60. Over the past 10 years, this metric has ranged from a low of 8.57 to a high of 73.64. The Chemicals industry median Return-on-Tangible-Asset is 3.16. JSW Dulux's value of 12.06% is 281.6% above this industry median. Based on the distribution chart, JSW Dulux ranks #3 out of 1615 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, JSW Dulux has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JSW Dulux's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, JSW Dulux ranks #3 out of 1615 companies for Return-on-Tangible-Asset. This places JSW Dulux in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.16. JSW Dulux's value of 12.06% is 281.6% above this benchmark. Historically, JSW Dulux's own Return-on-Tangible-Asset has ranged from 8.57 to 73.64 over the past decade. While the company's 10-year median is 12.60 vs. the industry median of 3.16, JSW Dulux 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 3.16, based on 1,615 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. JSW Dulux's current Return-on-Tangible-Asset of 12.06% is 281.6% 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 JSW Dulux and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Dulux's current Return-on-Tangible-Asset is 12.06%, which is near median its own 10-year median of 12.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Dulux stock overvalued right now?
Based on GuruFocus' analysis, JSW Dulux (NSE:JSWDULUX) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹2,800.52, compared to a current price of ₹3,157.00 — trading 12.7% above its estimated fair value. The current Return-on-Tangible-Asset is 12.06%, which is near median its 10-year median of 12.60 and 281.6% above the Chemicals industry median of 3.16. JSW Dulux's overall GF Score™ is 72/100 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 JSW Dulux (NSE:JSWDULUX), the current Return-on-Tangible-Asset is 12.06% as of Jun. 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 JSW Dulux (NSE:JSWDULUX) Overvalued in 2026?
Based on GuruFocus' analysis, JSW Dulux stock appears to be overvalued.
The current stock price of ₹3,157.00 is trading 12.7% above its estimated GF Value™ of ₹2,800.52.
GuruFocus considers JSW Dulux to be Modestly Overvalued.
Key valuation signals for NSE:JSWDULUX:
Return-on-Tangible-Asset: 12.06% (near median its 10-year median of 12.60)
GF Value™: ₹2,800.52 vs. price of ₹3,157.00 (12.7% above fair value)
Industry Position: 281.6% above the Chemicals median (#3 of 1615)
No single metric tells the full story. See the NSE:JSWDULUX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JSW Dulux Ltd is engaged in the business of manufacturing, trading and selling paints and related products. The Company is principally engaged in the manufacturing of paints, coatings and allied products in India. It operates through the Paints segment. The Company generates maximum revenue from Domestic operations and also has Overseas operations.
72GF Score
Get the complete analysis for NSE:JSWDULUX
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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