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Dev Labtech VentureBOM:543848 -2.82%69 ROA % is 17.24% as of Mar. 2026, which is 237% above its 10-year median of 5.12. GuruFocus rates BOM:543848 with a GF Score™ of 69/100 and a GF Value™ of ₹56.68 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,138 Retail - Cyclical companies, Dev Labtech Venture ranks better than 86.38% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Dev Labtech Venture's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹185 Mil.
Dev Labtech Venture's average Total Assets over the quarter that ended in Mar. 2026 was ₹1,071 Mil. Therefore, Dev Labtech Venture's annualized ROA % for the quarter that ended in Mar. 2026 was 17.24%.
The historical rank and industry rank for Dev Labtech Venture's ROA % or its related term are showing as below:
BOM:543848'
s ROA % Range Over the Past 10 Years
Min: 0.01 Med: 5.12 Max: 11.12
Current: 11.12
During the past 7 years, Dev Labtech Venture's highest ROA % was 11.12%. The lowest was 0.01%. And the median was 5.12%.
BOM:543848's ROA % is ranked better than 86.38% of 1138
companies
in the Retail - Cyclical industry
Industry Median: 2.795
vs BOM:543848: 11.12
Dev Labtech Venture (BOM:543848) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Dev Labtech Venture ROA % Related Terms
Dev Labtech Venture ROA % Historical Data
* Premium members only.
The historical data trend for Dev Labtech Venture's ROA % 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.
For the Luxury Goods subindustry, Dev Labtech Venture's ROA %, along with its competitors' market caps and ROA % 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 Labtech Venture ROA % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Dev Labtech Venture's ROA % distribution charts can be found below:
* The bar in red indicates where Dev Labtech Venture's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets 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.
ROA % is displayed in the 30-year financial page.
Dev Labtech Venture (BOM:543848) has a ROA % of 17.24% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Dev Labtech Venture and its competitors. This is 237% above median its historical median of 5.12. Over the past decade, Dev Labtech Venture's ROA % has ranged from 0.01 to 11.12. According to the industry distribution chart, Dev Labtech Venture ranks #155 out of 1138 companies in the Retail - Cyclical industry, placing it in the top 13.6%.
Is Dev Labtech Venture's ROA % too high?
Dev Labtech Venture's current ROA % of 17.24% is 237% above median its 10-year median of 5.12. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 11.12. The Retail - Cyclical industry median ROA % is 2.80. Dev Labtech Venture's value of 17.24% is 516.8% above this industry median. Based on the distribution chart, Dev Labtech Venture ranks #155 out of 1138 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Dev Labtech Venture has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dev Labtech Venture's ROA % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Dev Labtech Venture ranks #155 out of 1138 companies for ROA %. This places Dev Labtech Venture in the top 14% of its industry — outperforming the majority of peers. The industry median ROA % is 2.80. Dev Labtech Venture's value of 17.24% is 516.8% above this benchmark. Historically, Dev Labtech Venture's own ROA % has ranged from 0.01 to 11.12 over the past decade. While the company's 10-year median is 5.12 vs. the industry median of 2.80, Dev Labtech Venture 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 ROA % for a Retail - Cyclical company?
The median ROA % among Retail - Cyclical companies is 2.80, based on 1,138 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dev Labtech Venture's current ROA % of 17.24% is 516.8% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Dev Labtech Venture and its competitors. For the Retail - Cyclical industry, the median ROA % is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Labtech Venture's current ROA % is 17.24%, which is 237% above median its own 10-year median of 5.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Labtech Venture stock overvalued right now?
Based on GuruFocus' analysis, Dev Labtech Venture (BOM:543848) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.68, compared to a current price of ₹18.62 — trading 67.1% below its estimated fair value. The current ROA % is 17.24%, which is 237% above median its 10-year median of 5.12 and 516.8% above the Retail - Cyclical industry median of 2.80. Dev Labtech Venture's overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Dev Labtech Venture (BOM:543848), the current ROA % is 17.24% 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.
Is Dev Labtech Venture (BOM:543848) Overvalued in 2026?
Based on GuruFocus' analysis, Dev Labtech Venture stock appears to be undervalued.
The current stock price of ₹18.62 is trading 67.1% below its estimated GF Value™ of ₹56.68.
GuruFocus considers Dev Labtech Venture to be Possible Value Trap.
Key valuation signals for BOM:543848:
ROA %: 17.24% (237% above median its 10-year median of 5.12)
GF Value™: ₹56.68 vs. price of ₹18.62 (67.1% below fair value)
Industry Position: 516.8% above the Retail - Cyclical median (#155 of 1138)
No single metric tells the full story. See the BOM:543848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dev Labtech Venture Ltd is engaged in the business of manufacturing, marketing, and sourcing of diamonds: Natural and lab-grown, having wide application in Jewelry. It operates in both domestic and export markets. The company operates in two geographical areas, namely Gujarat and Maharashtra. It exports its products to the United States and Hong Kong.
69GF Score
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