Case study

DEVX

DEVX

Tread carefully
39Score

DEVX (DEVX) Stock Analysis & Case Study

Is DEVX a good buy? The data-driven verdict.

DEVX (DEVX) trades at ₹34,on the numbers it tread carefully, a Downstox Snapshot Score of 39/100.

On the numbers, DEVX (DEVX) tread carefully, a Downstox Snapshot Score of 39/100, weighing premium at 37.0× earnings, ROE of 7.3%. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

DEVX fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹322 Cr
Current price
₹34
P/E ratio
37.0×
P/B ratio
1.65×
Book value
₹21
ROCE
12.0%
ROE
7.3%
Piotroski F-Score
4/8

How DEVX ranks against the 2,373 companies in our screener

Is DEVX overvalued? DEVX P/E vs peers

DEVX trades at 37.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

The bull case for DEVX

  • DEVX is part of the nifty500 universe with live, tracked fundamentals on Downstox.

The bear case & risks

  • DEVX's P/E of 37.0x is lower than 37% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • DEVX's return on equity of 7.3% ranks in the 37th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

DEVX Piotroski F-Score: 4/8, how financially strong is it?

4/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. DEVX scores 4/8, mixed financial health.

DEVX MTF margin & leverage across 1 brokers

Margin Trading Facility lets you buy DEVX with part of the capital. Lower margin % = higher leverage. Rates compared across 1 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
DhanCHEAPEST60.00%1.7×

Compare every broker on the DEVX MTF page.

About DEVX: sector, index & market-cap context

DEVX (DEVX) is a small-cap NSE-listed company, with a market capitalisation of ₹322 Cr. See more stocks on our screener.

How the DEVX Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of DEVX's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

DEVX analysis, FAQs

Is DEVX (DEVX) a good buy?

On the numbers, DEVX (DEVX) tread carefully, a Downstox Snapshot Score of 39/100, weighing premium at 37.0× earnings, ROE of 7.3%. This is a data snapshot for research, not investment advice.

Is DEVX overvalued or undervalued?

DEVX trades at 37.0× earnings, premium versus the ~22× long-run Nifty average.

What is the bull case for DEVX?

DEVX is part of the nifty500 universe with live, tracked fundamentals on Downstox.

What are the risks in DEVX?

DEVX's P/E of 37.0x is lower than 37% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. DEVX's return on equity of 7.3% ranks in the 37th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on DEVX