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Laxmi DentalNSE:LAXMIDENTL +0.99%16 Return-on-Tangible-Equity is 16.81% as of Mar. 2026, which is 30% above its 10-year median of 12.98. GuruFocus rates NSE:LAXMIDENTL with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 760 Medical Devices & Instruments companies, Laxmi Dental ranks better than 73.55% 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. Laxmi Dental's annualized net income for the quarter that ended in Mar. 2026 was ₹403 Mil. Laxmi Dental's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹2,399 Mil. Therefore, Laxmi Dental's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.81%.
The historical rank and industry rank for Laxmi Dental's Return-on-Tangible-Equity or its related term are showing as below:
NSE:LAXMIDENTL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -88.37 Med: 12.98 Max: 86.2
Current: 12.9
During the past 5 years, Laxmi Dental's highest Return-on-Tangible-Equity was 86.20%. The lowest was -88.37%. And the median was 12.98%.
NSE:LAXMIDENTL's Return-on-Tangible-Equity is ranked better than 73.55% of 760
companies
in the Medical Devices & Instruments industry
Industry Median: 4.03
vs NSE:LAXMIDENTL: 12.90
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.
Laxmi Dental Return-on-Tangible-Equity Related Terms
Laxmi Dental Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Laxmi Dental'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:LAXMIDENTL vs ISRG, BDX, MDLN: Return-on-Tangible-Equity Comparison
For the Medical Instruments & Supplies subindustry, Laxmi Dental'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.
Laxmi Dental Return-on-Tangible-Equity vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Laxmi Dental's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Laxmi Dental'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 16.81% mean?
Laxmi Dental (NSE:LAXMIDENTL) has a Return-on-Tangible-Equity of 16.81% 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 Laxmi Dental and its competitors. This is 30% above median its historical median of 12.98. According to the industry distribution chart, Laxmi Dental ranks #201 out of 760 companies in the Medical Devices & Instruments industry, placing it in the top 26.4%.
Is Laxmi Dental's Return-on-Tangible-Equity too high?
Laxmi Dental's current Return-on-Tangible-Equity of 16.81% is 30% above median its 10-year median of 12.98. The Medical Devices & Instruments industry median Return-on-Tangible-Equity is 4.03. Laxmi Dental's value of 16.81% is 317.1% above this industry median. Based on the distribution chart, Laxmi Dental ranks #201 out of 760 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. 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-Equity compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Laxmi Dental ranks #201 out of 760 companies for Return-on-Tangible-Equity. This puts Laxmi Dental in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.03. Laxmi Dental's value of 16.81% is 317.1% above this benchmark. While the company's 10-year median is 12.98 vs. the industry median of 4.03, 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-Equity for a Medical Devices & Instruments company?
The median Return-on-Tangible-Equity among Medical Devices & Instruments companies is 4.03, based on 760 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. Laxmi Dental's current Return-on-Tangible-Equity of 16.81% is 317.1% 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 Laxmi Dental and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Equity is 4.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmi Dental's current Return-on-Tangible-Equity is 16.81%, which is 30% above median its own 10-year median of 12.98. 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-Equity of 16.81%. The current Return-on-Tangible-Equity is 16.81%, which is 30% above median its 10-year median of 12.98 and 317.1% above the Medical Devices & Instruments industry median of 4.03. 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Laxmi Dental (NSE:LAXMIDENTL), the current Return-on-Tangible-Equity is 16.81% 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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