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Bay Leasing & InvestmentDHA:BAYLEASING 20 Return-on-Tangible-Asset is -6.09% as of Mar. 2026. GuruFocus rates DHA:BAYLEASING with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 545 Credit Services companies, Bay Leasing & Investment ranks worse than 90.64% 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. Bay Leasing & Investment's annualizedNet Income for the quarter that ended in Mar. 2026 was BDT-790.20 Mil. Bay Leasing & Investment's average total tangible assets for the quarter that ended in Mar. 2026 was BDT12,975.75 Mil. Therefore, Bay Leasing & Investment's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -6.09%.
The historical rank and industry rank for Bay Leasing & Investment's Return-on-Tangible-Asset or its related term are showing as below:
DHA:BAYLEASING'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -31.54 Med: 0 Max: 1.26
Current: -8.88
During the past 13 years, Bay Leasing & Investment's highest Return-on-Tangible-Asset was 1.26%. The lowest was -31.54%. And the median was 0.00%.
DHA:BAYLEASING's Return-on-Tangible-Asset is ranked worse than 90.64% of 545
companies
in the Credit Services industry
Industry Median: 1.91
vs DHA:BAYLEASING: -8.88
Bay Leasing & Investment (DHA:BAYLEASING) 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.
Bay Leasing & Investment Return-on-Tangible-Asset Related Terms
Bay Leasing & Investment Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bay Leasing & Investment'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.
Bay Leasing & Investment Return-on-Tangible-Asset Chart
DHA:BAYLEASING vs V, MA, AXP: Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, Bay Leasing & Investment'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.
Bay Leasing & Investment Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Bay Leasing & Investment's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bay Leasing & Investment'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -6.09% mean?
Bay Leasing & Investment (DHA:BAYLEASING) has a Return-on-Tangible-Asset of -6.09% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bay Leasing & Investment and its competitors. According to the industry distribution chart, Bay Leasing & Investment ranks #494 out of 545 companies in the Credit Services industry, placing it in the top 90.6%.
Is Bay Leasing & Investment's Return-on-Tangible-Asset too high?
Bay Leasing & Investment's current Return-on-Tangible-Asset is -6.09%. Based on the distribution chart, Bay Leasing & Investment ranks #494 out of 545 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Bay Leasing & Investment has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Bay Leasing & Investment's Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, Bay Leasing & Investment ranks #494 out of 545 companies for Return-on-Tangible-Asset. This places Bay Leasing & Investment in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.91. 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 Credit Services company?
The median Return-on-Tangible-Asset among Credit Services companies is 1.91, based on 545 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. 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 Bay Leasing & Investment and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bay Leasing & Investment's current Return-on-Tangible-Asset is -6.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bay Leasing & Investment stock overvalued right now?
Bay Leasing & Investment (DHA:BAYLEASING) has a current Return-on-Tangible-Asset of -6.09%. The current Return-on-Tangible-Asset is -6.09%. Bay Leasing & Investment's overall GF Score™ is 20/100 with 2 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 Bay Leasing & Investment (DHA:BAYLEASING), the current Return-on-Tangible-Asset is -6.09% 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.
Bay Leasing & Investment Ltd is engaged in lease financing for all types of machinery and equipment including vehicles for industrial, commercial and private purposes. The company is also engaged in term finance, housing finance among others. The company's products and services include Lease finance, Term loan, Home loan, SME loan, and Other.
20GF Score
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