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BDCOM Online (DHA:BDCOM) Return-on-Tangible-Asset : 0.69% (As of Mar. 2024)


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What is BDCOM Online Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. BDCOM Online's annualized Net Income for the quarter that ended in Mar. 2024 was BDT8.7 Mil. BDCOM Online's average total tangible assets for the quarter that ended in Mar. 2024 was BDT1,268.3 Mil. Therefore, BDCOM Online's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was 0.69%.

The historical rank and industry rank for BDCOM Online's Return-on-Tangible-Asset or its related term are showing as below:

DHA:BDCOM' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.59   Med: 8.33   Max: 9.55
Current: 3.59

During the past 13 years, BDCOM Online's highest Return-on-Tangible-Asset was 9.55%. The lowest was 3.59%. And the median was 8.33%.

DHA:BDCOM's Return-on-Tangible-Asset is ranked better than
52.85% of 386 companies
in the Telecommunication Services industry
Industry Median: 3.185 vs DHA:BDCOM: 3.59

BDCOM Online Return-on-Tangible-Asset Historical Data

The historical data trend for BDCOM Online's Return-on-Tangible-Asset 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.

* Premium members only.

BDCOM Online Return-on-Tangible-Asset Chart

BDCOM Online Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.76 5.60 5.16 6.67 6.23

BDCOM Online Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.25 2.69 6.63 4.44 0.69

Competitive Comparison of BDCOM Online's Return-on-Tangible-Asset

For the Telecom Services subindustry, BDCOM Online's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


BDCOM Online's Return-on-Tangible-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, BDCOM Online's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where BDCOM Online's Return-on-Tangible-Asset falls into.



BDCOM Online Return-on-Tangible-Asset Calculation

BDCOM Online's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=74.546/( (1197.129+1196.278)/ 2 )
=74.546/1196.7035
=6.23 %

BDCOM Online's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=8.732/( (1287.502+1249.135)/ 2 )
=8.732/1268.3185
=0.69 %

* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2024) net income data.


BDCOM Online  (DHA:BDCOM) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset 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. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


BDCOM Online Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of BDCOM Online's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


BDCOM Online (DHA:BDCOM) Business Description

Traded in Other Exchanges
N/A
Address
Road No 1, Gulshan Avenue, House No 1, 5th floor, JL Bhaban, Gulshan-1, Dhaka, BGD, 1212
BDCOM Online Ltd operates as an internet service provider (ISP) in Bangladesh. The company's operating segments include Unit-1 for internet, data connectivity, hardware and other IT enabled services; Unit-2 for software development, graphic design, AVLS support and service, web development, domain registration, domain hosting; and Unit-3 for IP telephony services and goods. It generates maximum revenue from the Unit -1 segment that includes Internet/Data Connectivity Services. The company offers its services to NBFI, corporate, telecom, and home users.

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