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Bata Shoe Co (Bangladesh)DHA:BATASHOE +0.04%88 Return-on-Tangible-Asset is 6.69% as of Jun. 2026, which is 26% above its 10-year median of 5.33. GuruFocus rates DHA:BATASHOE with a GF Score™ of 88/100 and a GF Value™ of BDT979.94 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,064 Manufacturing - Apparel & Accessories companies, Bata Shoe Co (Bangladesh) ranks better than 59.59% on this metric.
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. Bata Shoe Co (Bangladesh)'s annualizedNet Income for the quarter that ended in Jun. 2026 was BDT532 Mil. Bata Shoe Co (Bangladesh)'s average total tangible assets for the quarter that ended in Jun. 2026 was BDT7,950 Mil. Therefore, Bata Shoe Co (Bangladesh)'s annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 6.69%.
The historical rank and industry rank for Bata Shoe Co (Bangladesh)'s Return-on-Tangible-Asset or its related term are showing as below:
DHA:BATASHOE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.85 Med: 5.33 Max: 17.69
Current: 3.2
During the past 13 years, Bata Shoe Co (Bangladesh)'s highest Return-on-Tangible-Asset was 17.69%. The lowest was -16.85%. And the median was 5.33%.
DHA:BATASHOE's Return-on-Tangible-Asset is ranked better than 59.59% of 1064
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.2
vs DHA:BATASHOE: 3.20
Bata Shoe Co (Bangladesh) (DHA:BATASHOE) 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 companys 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 companys 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.
Bata Shoe Co (Bangladesh) Return-on-Tangible-Asset Related Terms
Bata Shoe Co (Bangladesh) Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bata Shoe Co (Bangladesh)'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.
Bata Shoe Co (Bangladesh) Return-on-Tangible-Asset Chart
DHA:BATASHOE vs NKE, DECK, ONON: Return-on-Tangible-Asset Comparison
For the Footwear & Accessories subindustry, Bata Shoe Co (Bangladesh)'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.
Bata Shoe Co (Bangladesh) Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bata Shoe Co (Bangladesh)'s Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bata Shoe Co (Bangladesh)'s Return-on-Tangible-Asset 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-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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.69% mean?
Bata Shoe Co (Bangladesh) (DHA:BATASHOE) has a Return-on-Tangible-Asset of 6.69% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bata Shoe Co (Bangladesh) and its competitors. This is 26% above median its historical median of 5.33. According to the industry distribution chart, Bata Shoe Co (Bangladesh) ranks #430 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 40.4%.
Is Bata Shoe Co (Bangladesh)'s Return-on-Tangible-Asset too high?
Bata Shoe Co (Bangladesh)'s current Return-on-Tangible-Asset of 6.69% is 26% above median its 10-year median of 5.33. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.20. Bata Shoe Co (Bangladesh)'s value of 6.69% is 204.1% above this industry median. Based on the distribution chart, Bata Shoe Co (Bangladesh) ranks #430 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Bata Shoe Co (Bangladesh) has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bata Shoe Co (Bangladesh)'s Return-on-Tangible-Asset compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bata Shoe Co (Bangladesh) ranks #430 out of 1064 companies for Return-on-Tangible-Asset. This puts Bata Shoe Co (Bangladesh) in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.20. Bata Shoe Co (Bangladesh)'s value of 6.69% is 204.1% above this benchmark. While the company's 10-year median is 5.33 vs. the industry median of 2.20, Bata Shoe Co (Bangladesh) 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-Asset for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.20, based on 1,064 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bata Shoe Co (Bangladesh)'s current Return-on-Tangible-Asset of 6.69% is 204.1% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bata Shoe Co (Bangladesh) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bata Shoe Co (Bangladesh)'s current Return-on-Tangible-Asset is 6.69%, which is 26% above median its own 10-year median of 5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bata Shoe Co (Bangladesh) stock overvalued right now?
Based on GuruFocus' analysis, Bata Shoe Co (Bangladesh) (DHA:BATASHOE) is currently considered Fairly Valued. The stock's GF Value™ is BDT979.94, compared to a current price of BDT915.50 — trading 6.6% below its estimated fair value. The current Return-on-Tangible-Asset is 6.69%, which is 26% above median its 10-year median of 5.33 and 204.1% above the Manufacturing - Apparel & Accessories industry median of 2.20. Bata Shoe Co (Bangladesh)'s overall GF Score™ is 88/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Bata Shoe Co (Bangladesh) (DHA:BATASHOE), the current Return-on-Tangible-Asset is 6.69% as of Jun. 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 Bata Shoe Co (Bangladesh) (DHA:BATASHOE) Overvalued in 2026?
Based on GuruFocus' analysis, Bata Shoe Co (Bangladesh) stock appears to be undervalued.
The current stock price of BDT915.50 is trading 6.6% below its estimated GF Value™ of BDT979.94.
GuruFocus considers Bata Shoe Co (Bangladesh) to be Fairly Valued.
Key valuation signals for DHA:BATASHOE:
Return-on-Tangible-Asset: 6.69% (26% above median its 10-year median of 5.33)
GF Value™: BDT979.94 vs. price of BDT915.50 (6.6% below fair value)
Industry Position: 204.1% above the Manufacturing - Apparel & Accessories median (#430 of 1064)
No single metric tells the full story. See the DHA:BATASHOE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bata Shoe Co (Bangladesh) Ltd is engaged in the manufacturing and marketing of leather, rubber, plastic, canvas footwear, hosiery, and accessories items. It offers a range of designer collections for men, women, and children. The company's manufacturing plants are located in Tongi and Dhamrai. Its operating segments are Domestic and Other, of which a majority of revenue is derived from the Domestic segment. Its products include Sports shoes, Casual and closed shoes, Formal shoes, Wallets, Backpacks, Sunglasses, and others.
88GF Score
Get the complete analysis for DHA:BATASHOE
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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