Rockingdeals Circular Economy (NSE:ROCKINGDCE) Return-on-Tangible-Asset: 11.35% (As of Mar. 2025) — Near Median

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NSE:ROCKINGDCE Rockingdeals Circular Economy Ltd NSE:ROCKINGDCE
18 GF Score
Price ₹188.00
! 3 Warning Signs
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What is Rockingdeals Circular Economy Return-on-Tangible-Asset?

Rockingdeals Circular Economy NSE:ROCKINGDCE -6.72% 18 Return-on-Tangible-Asset is 11.35% as of Mar. 2025, which is 3% above its 10-year median of 11.06. GuruFocus rates NSE:ROCKINGDCE with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,137 Retail - Cyclical companies, Rockingdeals Circular Economy ranks better than 85.22% 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. Rockingdeals Circular Economy's annualized Net Income for the quarter that ended in Mar. 2025 was ₹53.4 Mil. Rockingdeals Circular Economy's average total tangible assets for the quarter that ended in Mar. 2025 was ₹470.4 Mil. Therefore, Rockingdeals Circular Economy's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 11.35%.

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

NSE:ROCKINGDCE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.08   Med: 11.06   Max: 19.88
Current: 11.35

During the past 5 years, Rockingdeals Circular Economy's highest Return-on-Tangible-Asset was 19.88%. The lowest was -0.08%. And the median was 11.06%.

NSE:ROCKINGDCE's Return-on-Tangible-Asset is ranked better than
85.22% of 1137 companies
in the Retail - Cyclical industry
Industry Median: 2.93 vs NSE:ROCKINGDCE: 11.35

Rockingdeals Circular Economy  (NSE:ROCKINGDCE) 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.


Rockingdeals Circular Economy Return-on-Tangible-Asset Related Terms


Rockingdeals Circular Economy Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Rockingdeals Circular Economy'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.

Rockingdeals Circular Economy Return-on-Tangible-Asset Chart

Rockingdeals Circular Economy Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
-0.08 0.88 11.06 19.88 11.35

Rockingdeals Circular Economy Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset -0.08 0.88 11.06 19.88 11.35

NSE:ROCKINGDCE vs DDS, M: Return-on-Tangible-Asset Comparison

For the Department Stores subindustry, Rockingdeals Circular Economy'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.


Rockingdeals Circular Economy Return-on-Tangible-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rockingdeals Circular Economy's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Rockingdeals Circular Economy's Return-on-Tangible-Asset falls into.


NSE:ROCKINGDCE
18GF Score
Rockingdeals Circular Economy Ltd NSE:ROCKINGDCE
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Rockingdeals Circular Economy Return-on-Tangible-Asset Calculation

Rockingdeals Circular Economy's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=53.377/( (401.367+539.523)/ 2 )
=53.377/470.445
=11.35 %

Rockingdeals Circular Economy's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Mar. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Mar. 2024 )(Q: Mar. 2025 )
=53.377/( (401.367+539.523)/ 2 )
=53.377/470.445
=11.35 %

* 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 11.35% mean?
Rockingdeals Circular Economy (NSE:ROCKINGDCE) has a Return-on-Tangible-Asset of 11.35% 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 Rockingdeals Circular Economy and its competitors. This is near median its historical median of 11.06. According to the industry distribution chart, Rockingdeals Circular Economy ranks #168 out of 1137 companies in the Retail - Cyclical industry, placing it in the top 14.8%.
Is Rockingdeals Circular Economy's Return-on-Tangible-Asset too high?
Rockingdeals Circular Economy's current Return-on-Tangible-Asset of 11.35% is near median its 10-year median of 11.06. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.93. Rockingdeals Circular Economy's value of 11.35% is 287.4% above this industry median. Based on the distribution chart, Rockingdeals Circular Economy ranks #168 out of 1137 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Rockingdeals Circular Economy has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Rockingdeals Circular Economy's Return-on-Tangible-Asset compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Rockingdeals Circular Economy ranks #168 out of 1137 companies for Return-on-Tangible-Asset. This places Rockingdeals Circular Economy in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.93. Rockingdeals Circular Economy's value of 11.35% is 287.4% above this benchmark. While the company's 10-year median is 11.06 vs. the industry median of 2.93, Rockingdeals Circular Economy 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.93, based on 1,137 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. Rockingdeals Circular Economy's current Return-on-Tangible-Asset of 11.35% is 287.4% 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 Rockingdeals Circular Economy and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rockingdeals Circular Economy's current Return-on-Tangible-Asset is 11.35%, which is near median its own 10-year median of 11.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rockingdeals Circular Economy stock overvalued right now?
Rockingdeals Circular Economy (NSE:ROCKINGDCE) has a current Return-on-Tangible-Asset of 11.35%. The current Return-on-Tangible-Asset is 11.35%, which is near median its 10-year median of 11.06 and 287.4% above the Retail - Cyclical industry median of 2.93. Rockingdeals Circular Economy's overall GF Score™ is 18/100 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 Rockingdeals Circular Economy (NSE:ROCKINGDCE), the current Return-on-Tangible-Asset is 11.35% 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.

Rockingdeals Circular Economy Business Description

Other Exchanges ROCKPP:India
Address Mile Stone, 12/3, NH 44, Mathura Road, Sector 37, Near Sarai Metro Station, Faridabad, HR, IND, 121003
Rockingdeals Circular Economy Ltd is engaged in bulk trading of excess inventory, open-boxed inventory, re-commerce products and refurbished products. These products range in several categories such as small home appliances, apparel, kitchenware and household, speaker & mobile accessories, large appliances, footwear, etc. These products are generally of various brands such as Samsung, Thomson, MI, LG, symphony, ZARA, Nike, Reebok, Campus, Sony, JBL, Boat, Gizmore, One Plus etc.
18GF Score

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

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