Dev AcceleratorNSE:DEVX +0.73%10 Return-on-Tangible-Equity is 17.40% as of Mar. 2026, which is 269% above its 10-year median of 4.72. GuruFocus rates NSE:DEVX with a GF Score™ of 10/100. The stock has 4 warning signs investors should review. Among 1,718 Real Estate companies, Dev Accelerator ranks better than 59.08% 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. Dev Accelerator's annualized net income for the quarter that ended in Mar. 2026 was ₹316 Mil. Dev Accelerator's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,816 Mil. Therefore, Dev Accelerator's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.40%.
The historical rank and industry rank for Dev Accelerator's Return-on-Tangible-Equity or its related term are showing as below:
NSE:DEVX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.48 Med: 4.72 Max: 7.59
Current: 6.34
During the past 5 years, Dev Accelerator's highest Return-on-Tangible-Equity was 7.59%. The lowest was 3.48%. And the median was 4.72%.
NSE:DEVX's Return-on-Tangible-Equity is ranked better than 59.08% of 1718
companies
in the Real Estate industry
Industry Median: 4.195
vs NSE:DEVX: 6.34
Dev Accelerator (NSE:DEVX) 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.
Dev Accelerator Return-on-Tangible-Equity Related Terms
Dev Accelerator Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Dev Accelerator'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.
NSE:DEVX vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Dev Accelerator'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.
Dev Accelerator Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Dev Accelerator's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Dev Accelerator'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 four times the quarterly (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 17.40% mean?
Dev Accelerator (NSE:DEVX) has a Return-on-Tangible-Equity of 17.40% 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 Dev Accelerator and its competitors. This is 269% above median its historical median of 4.72. Over the past decade, Dev Accelerator's Return-on-Tangible-Equity has ranged from 3.48 to 7.59. According to the industry distribution chart, Dev Accelerator ranks #703 out of 1718 companies in the Real Estate industry, placing it in the top 40.9%.
Is Dev Accelerator's Return-on-Tangible-Equity too high?
Dev Accelerator's current Return-on-Tangible-Equity of 17.40% is 269% above median its 10-year median of 4.72. Over the past 10 years, this metric has ranged from a low of 3.48 to a high of 7.59. The Real Estate industry median Return-on-Tangible-Equity is 4.20. Dev Accelerator's value of 17.40% is 314.8% above this industry median. Based on the distribution chart, Dev Accelerator ranks #703 out of 1718 companies in the Real Estate industry, which is above the industry midpoint. Overall, Dev Accelerator has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Dev Accelerator's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Dev Accelerator ranks #703 out of 1718 companies for Return-on-Tangible-Equity. This puts Dev Accelerator in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.20. Dev Accelerator's value of 17.40% is 314.8% above this benchmark. Historically, Dev Accelerator's own Return-on-Tangible-Equity has ranged from 3.48 to 7.59 over the past decade. While the company's 10-year median is 4.72 vs. the industry median of 4.20, Dev Accelerator 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-Equity for a Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.20, based on 1,718 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. Dev Accelerator's current Return-on-Tangible-Equity of 17.40% is 314.8% 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-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 Dev Accelerator and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Accelerator's current Return-on-Tangible-Equity is 17.40%, which is 269% above median its own 10-year median of 4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Accelerator stock overvalued right now?
Dev Accelerator (NSE:DEVX) has a current Return-on-Tangible-Equity of 17.40%. The current Return-on-Tangible-Equity is 17.40%, which is 269% above median its 10-year median of 4.72 and 314.8% above the Real Estate industry median of 4.20. Dev Accelerator's overall GF Score™ is 10/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Dev Accelerator (NSE:DEVX), the current Return-on-Tangible-Equity is 17.40% 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.
Dev Accelerator Ltd is one of the flex space operators. Its comprehensive office space solutions include sourcing office spaces, customizing designs, developing spaces and providing technology solutions to providing complete asset management. Its clientele comprises of large corporates, MNCs and SMEs, to whom the company offers a variety of flexible office space solutions such as managed office spaces and coworking spaces as well as design and execution services through its Subsidiary. The flexible workspace solutions provided by the company at its Centers are divided in the following segments: Managed office spaces, Coworking spaces, Design and execution services, Payroll management services, Facility management services, and IT/ITes services.
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