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Davin Sons RetailBOM:544331 21 Return-on-Tangible-Equity is 2.30% as of Mar. 2026, which is 93% below its 10-year median of 33.20. GuruFocus rates BOM:544331 with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 550 Conglomerates companies, Davin Sons Retail ranks worse than 61.82% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Davin Sons Retail's annualized net income for the quarter that ended in Mar. 2026 was ₹4.09 Mil. Davin Sons Retail's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹177.57 Mil. Therefore, Davin Sons Retail's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.30%.
The historical rank and industry rank for Davin Sons Retail's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544331'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.6 Med: 33.2 Max: 99.01
Current: 4.66
During the past 5 years, Davin Sons Retail's highest Return-on-Tangible-Equity was 99.01%. The lowest was 4.60%. And the median was 33.20%.
BOM:544331's Return-on-Tangible-Equity is ranked worse than 61.82% of 550
companies
in the Conglomerates industry
Industry Median: 7.465
vs BOM:544331: 4.66
Davin Sons Retail (BOM:544331) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Davin Sons Retail Return-on-Tangible-Equity Related Terms
Davin Sons Retail Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Davin Sons Retail's Return-on-Tangible-Equity 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.
BOM:544331 vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Davin Sons Retail's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Davin Sons Retail Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Davin Sons Retail's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Davin Sons Retail's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 2.30% mean?
Davin Sons Retail (BOM:544331) has a Return-on-Tangible-Equity of 2.30% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Davin Sons Retail and its competitors. This is 93% below median its historical median of 33.20. Over the past decade, Davin Sons Retail's Return-on-Tangible-Equity has ranged from 4.60 to 99.01. According to the industry distribution chart, Davin Sons Retail ranks #340 out of 550 companies in the Conglomerates industry, placing it in the top 61.8%.
Is Davin Sons Retail's Return-on-Tangible-Equity too high?
Davin Sons Retail's current Return-on-Tangible-Equity of 2.30% is 93% below median its 10-year median of 33.20. Over the past 10 years, this metric has ranged from a low of 4.60 to a high of 99.01. The Conglomerates industry median Return-on-Tangible-Equity is 7.47. Davin Sons Retail's value of 2.30% is 69.2% below this industry median. Based on the distribution chart, Davin Sons Retail ranks #340 out of 550 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Davin Sons Retail has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Davin Sons Retail's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Davin Sons Retail ranks #340 out of 550 companies for Return-on-Tangible-Equity. This places Davin Sons Retail in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.47. Davin Sons Retail's value of 2.30% is 69.2% below this benchmark. Historically, Davin Sons Retail's own Return-on-Tangible-Equity has ranged from 4.60 to 99.01 over the past decade. While the company's 10-year median is 33.20 vs. the industry median of 7.47, Davin Sons Retail has consistently been below 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-Equity for a Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.47, based on 550 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Davin Sons Retail's current Return-on-Tangible-Equity of 2.30% is 69.2% below 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Davin Sons Retail and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Davin Sons Retail's current Return-on-Tangible-Equity is 2.30%, which is 93% below median its own 10-year median of 33.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Davin Sons Retail stock overvalued right now?
Davin Sons Retail (BOM:544331) has a current Return-on-Tangible-Equity of 2.30%. The current Return-on-Tangible-Equity is 2.30%, which is 93% below median its 10-year median of 33.20 and 69.2% below the Conglomerates industry median of 7.47. Davin Sons Retail's overall GF Score™ is 21/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Davin Sons Retail (BOM:544331), the current Return-on-Tangible-Equity is 2.30% 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.
Davin Sons Retail Ltd operates through two main business verticals: manufacturing readymade garments and distributing fast-moving consumer goods (FMCG). The company designs and produces a variety of garments, including jeans, denim jackets, and shirts for other brands, outsourcing manufacturing on a job-work basis. Its FMCG distribution arm handles branded packaged foods, beverages such as non-alcoholic energy drinks, snacks, and other products, serving a broad customer base across several Indian states. Davin Sons Retail generates revenue from garment sales and FMCG product distribution; the majority of revenue is from the FMCG products.
21GF Score
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