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Laxmi DentalNSE:LAXMIDENTL -1.60%16 Return-on-Tangible-Asset is 13.88% as of Mar. 2026, which is 37% above its 10-year median of 10.11. GuruFocus rates NSE:LAXMIDENTL with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 854 Medical Devices & Instruments companies, Laxmi Dental ranks better than 84.07% 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. Laxmi Dental's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹403 Mil. Laxmi Dental's average total tangible assets for the quarter that ended in Mar. 2026 was ₹2,905 Mil. Therefore, Laxmi Dental's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 13.88%.
The historical rank and industry rank for Laxmi Dental's Return-on-Tangible-Asset or its related term are showing as below:
NSE:LAXMIDENTL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -17.92 Med: 10.11 Max: 21.71
Current: 10.38
During the past 5 years, Laxmi Dental's highest Return-on-Tangible-Asset was 21.71%. The lowest was -17.92%. And the median was 10.11%.
NSE:LAXMIDENTL's Return-on-Tangible-Asset is ranked better than 84.07% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 0.735
vs NSE:LAXMIDENTL: 10.38
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.
Laxmi Dental Return-on-Tangible-Asset Related Terms
Laxmi Dental Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Laxmi Dental'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:LAXMIDENTL vs ISRG, BDX, MDLN: Return-on-Tangible-Asset Comparison
For the Medical Instruments & Supplies subindustry, Laxmi Dental'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.
Laxmi Dental Return-on-Tangible-Asset vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Laxmi Dental's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Laxmi Dental'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 13.88% mean?
Laxmi Dental (NSE:LAXMIDENTL) has a Return-on-Tangible-Asset of 13.88% 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 Laxmi Dental and its competitors. This is 37% above median its historical median of 10.11. According to the industry distribution chart, Laxmi Dental ranks #136 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 15.9%.
Is Laxmi Dental's Return-on-Tangible-Asset too high?
Laxmi Dental's current Return-on-Tangible-Asset of 13.88% is 37% above median its 10-year median of 10.11. The Medical Devices & Instruments industry median Return-on-Tangible-Asset is 0.74. Laxmi Dental's value of 13.88% is 1788.4% above this industry median. Based on the distribution chart, Laxmi Dental ranks #136 out of 854 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Laxmi Dental has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Laxmi Dental's Return-on-Tangible-Asset compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Laxmi Dental ranks #136 out of 854 companies for Return-on-Tangible-Asset. This places Laxmi Dental in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.74. Laxmi Dental's value of 13.88% is 1788.4% above this benchmark. While the company's 10-year median is 10.11 vs. the industry median of 0.74, Laxmi Dental 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Asset among Medical Devices & Instruments companies is 0.74, based on 854 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. Laxmi Dental's current Return-on-Tangible-Asset of 13.88% is 1788.4% 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 Laxmi Dental and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Asset is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmi Dental's current Return-on-Tangible-Asset is 13.88%, which is 37% above median its own 10-year median of 10.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmi Dental stock overvalued right now?
Laxmi Dental (NSE:LAXMIDENTL) has a current Return-on-Tangible-Asset of 13.88%. The current Return-on-Tangible-Asset is 13.88%, which is 37% above median its 10-year median of 10.11 and 1788.4% above the Medical Devices & Instruments industry median of 0.74. Laxmi Dental's overall GF Score™ is 16/100 with 4 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 Laxmi Dental (NSE:LAXMIDENTL), the current Return-on-Tangible-Asset is 13.88% 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.
Laxmi Dental Ltd is an end-to-end integrated dental products company. Its products include custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets, and aligner-related products as a part of aligner solutions, and paediatric dental products. The Group has three reportable segments: Laboratory Business segment comprises dental prostheses, such as metal-free crowns & bridges, Porcelain Fused to Metal (PFM) Crowns and Bridges, and Dentures. The Aligners Business segment comprises dental aligners, Retainers, Raw Materials for Aligners, Sport Guards, Night Guards, and Sleep Apnea Devices. The Other Business segment comprises Dental distribution products used in Dental Laboratory, Dental Clinical Services, and Dental Educational Courses.
16GF Score
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