Argon Denims (DHA:ARGONDENIM) EBIT: BDT304 Mil (TTM As of Mar. 2026)


DHA:ARGONDENIM Argon Denims Ltd DHA:ARGONDENIM
87 GF Score
Price BDT19.60
GF Value BDT16.63
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Argon Denims EBIT?

Argon Denims DHA:ARGONDENIM +0.51% 87 EBIT is BDT304 Mil as of Mar. 2026. GuruFocus rates DHA:ARGONDENIM with a GF Score™ of 87/100 and a GF Value™ of BDT16.63 (Modestly Overvalued). The stock has 12 warning signs investors should review.

Argon Denims's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was BDT68 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was BDT304 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Argon Denims's annualized ROC % for the quarter that ended in Mar. 2026 was 3.15%. Argon Denims's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Argon Denims's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.90%.


Argon Denims  (DHA:ARGONDENIM) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Argon Denims's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=261.068 * ( 1 - 33.66% )/( (5607.96 + 5399.291)/ 2 )
=173.1925112/5503.6255
=3.15 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=7075.149 - 32.258 - ( 1434.931 - max(0, 3335.686 - 5610.324+1434.931))
=5607.96

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6638.232 - 27.061 - ( 1211.88 - max(0, 2972.868 - 5198.972+1211.88))
=5399.291

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Argon Denims's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=271.332/( ( (1464.825 + max(2517.887, 0)) + (1439.261 + max(2470.952, 0)) )/ 2 )
=271.332/( ( 3982.712 + 3910.213 )/ 2 )
=271.332/3946.4625
=6.88 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 2352.96 + 463.983) - (32.258 + 0 + 266.798)
=2517.887

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 2298.975 + 407.415) - (27.061 + 0 + 208.377)
=2470.952

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Argon Denims's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=303.721/4401.633
=6.90 %

* 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.


Argon Denims EBIT Related Terms


Argon Denims EBIT Historical Data

* Premium members only.

The historical data trend for Argon Denims's EBIT 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.

Argon Denims EBIT Chart

Argon Denims Annual Data
Trend Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 235.84 163.98 215.43 278.74 387.26

Argon Denims Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 95.24 64.22 120.37 51.30 67.83

Argon Denims EBIT Competitor Comparison

For the Textile Manufacturing subindustry, Argon Denims's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Argon Denims EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Argon Denims's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Argon Denims's EV-to-EBIT falls into.


DHA:ARGONDENIM
87GF Score
Argon Denims Ltd DHA:ARGONDENIM
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Argon Denims EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT304 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of BDT304 Mil mean?
Argon Denims (DHA:ARGONDENIM) has a EBIT of BDT304 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Argon Denims.
Is Argon Denims' EBIT too high?
Argon Denims' current EBIT is BDT304 Mil. Overall, Argon Denims has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argon Denims' EBIT compare to competitors?
Argon Denims' EBIT of BDT304 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Manufacturing - Apparel & Accessories company?
A good EBIT depends on the Manufacturing - Apparel & Accessories industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Argon Denims. Argon Denims's current EBIT is BDT304 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argon Denims stock overvalued right now?
Based on GuruFocus' analysis, Argon Denims (DHA:ARGONDENIM) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT16.63, compared to a current price of BDT19.60 — trading 17.9% above its estimated fair value. The current EBIT is BDT304 Mil. Argon Denims' overall GF Score™ is 87/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Argon Denims (DHA:ARGONDENIM), the current EBIT is BDT304 Mil 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 Argon Denims (DHA:ARGONDENIM) Overvalued in 2026?

Based on GuruFocus' analysis, Argon Denims stock appears to be overvalued. The current stock price of BDT19.60 is trading 17.9% above its estimated GF Value™ of BDT16.63. GuruFocus considers Argon Denims to be Modestly Overvalued.

Key valuation signals for DHA:ARGONDENIM:

  • EBIT: BDT304 Mil
  • GF Value™: BDT16.63 vs. price of BDT19.60 (17.9% above fair value)
  • GF Score™: 87/100 with 12 warning signs

No single metric tells the full story. See the DHA:ARGONDENIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Argon Denims Business Description

Address 57, Joar Sahara, New Airport Road, Level-6, Lotus Kamal Tower ONE, Nikunja-2- C/A, Dhaka, BGD, 1229
Argon Denims Ltd is engaged in manufacturing, dyeing, and finishing Denim Fabric based in Bangladesh and focuses on exports. The firm carries out the business of weaving, spinning, bleaching, dyeing, mercerizing, printing, finishing, and selling denim fabrics, yarn, cloth, linen, hosiery, and other goods and fabrics, whether textiles knitted or looped. It produces a medium and premium range of denim fabrics in various weights. The products include fabrics in 100% cotton, cotton stretch, cotton polyester, and cotton-polyester stretch. The dyeing line is equipped with light and dark indigo, Sulphur black, SBIT, IBST, with casts and colors.
87GF Score

Get the complete analysis for DHA:ARGONDENIM

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT19.60
Price
BDT16.63
GF Value