Bangladesh Submarine Cables (DHA:BSCPLC) Return-on-Tangible-Asset: 11.39% (As of Mar. 2026) — 42% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
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DHA:BSCPLC Bangladesh Submarine Cables PLC DHA:BSCPLC
86 GF Score
Price BDT157.80
GF Value BDT186.89
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Bangladesh Submarine Cables Return-on-Tangible-Asset?

Bangladesh Submarine Cables DHA:BSCPLC -0.19% 86 Return-on-Tangible-Asset is 11.39% as of Mar. 2026, which is 42% above its 10-year median of 8.03. GuruFocus rates DHA:BSCPLC with a GF Score™ of 86/100 and a GF Value™ of BDT186.89 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 366 Telecommunication Services companies, Bangladesh Submarine Cables ranks better than 86.07% 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. Bangladesh Submarine Cables's annualized Net Income for the quarter that ended in Mar. 2026 was BDT2,897 Mil. Bangladesh Submarine Cables's average total tangible assets for the quarter that ended in Mar. 2026 was BDT25,437 Mil. Therefore, Bangladesh Submarine Cables's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.39%.

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

DHA:BSCPLC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.72   Med: 8.03   Max: 16.11
Current: 11.69

During the past 12 years, Bangladesh Submarine Cables's highest Return-on-Tangible-Asset was 16.11%. The lowest was 0.72%. And the median was 8.03%.

DHA:BSCPLC's Return-on-Tangible-Asset is ranked better than
86.07% of 366 companies
in the Telecommunication Services industry
Industry Median: 3.43 vs DHA:BSCPLC: 11.69

Bangladesh Submarine Cables  (DHA:BSCPLC) 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.


Bangladesh Submarine Cables Return-on-Tangible-Asset Related Terms


Bangladesh Submarine Cables Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Bangladesh Submarine Cables'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.

Bangladesh Submarine Cables Return-on-Tangible-Asset Chart

Bangladesh Submarine Cables Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.25 16.11 14.88 8.58 9.01

Bangladesh Submarine Cables Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.49 11.38 11.33 12.56 11.39

DHA:BSCPLC vs VZ, TMUS, T: Return-on-Tangible-Asset Comparison

For the Telecom Services subindustry, Bangladesh Submarine Cables'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.


Bangladesh Submarine Cables Return-on-Tangible-Asset vs Telecommunication Services Industry

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

* The bar in red indicates where Bangladesh Submarine Cables's Return-on-Tangible-Asset falls into.


DHA:BSCPLC
86GF Score
Bangladesh Submarine Cables PLC DHA:BSCPLC
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangladesh Submarine Cables Return-on-Tangible-Asset Calculation

Bangladesh Submarine Cables's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=2059.424/( (21935.602+23754.583)/ 2 )
=2059.424/22845.0925
=9.01 %

Bangladesh Submarine Cables's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=2897.188/( (25059.877+25814.319)/ 2 )
=2897.188/25437.098
=11.39 %

* 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 11.39% mean?
Bangladesh Submarine Cables (DHA:BSCPLC) has a Return-on-Tangible-Asset of 11.39% 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 Bangladesh Submarine Cables and its competitors. This is 42% above median its historical median of 8.03. Over the past decade, Bangladesh Submarine Cables' Return-on-Tangible-Asset has ranged from 0.72 to 16.11. According to the industry distribution chart, Bangladesh Submarine Cables ranks #51 out of 366 companies in the Telecommunication Services industry, placing it in the top 13.9%.
Is Bangladesh Submarine Cables' Return-on-Tangible-Asset too high?
Bangladesh Submarine Cables' current Return-on-Tangible-Asset of 11.39% is 42% above median its 10-year median of 8.03. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 16.11. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.43. Bangladesh Submarine Cables' value of 11.39% is 232.1% above this industry median. Based on the distribution chart, Bangladesh Submarine Cables ranks #51 out of 366 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Bangladesh Submarine Cables has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bangladesh Submarine Cables' Return-on-Tangible-Asset compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Bangladesh Submarine Cables ranks #51 out of 366 companies for Return-on-Tangible-Asset. This places Bangladesh Submarine Cables in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.43. Bangladesh Submarine Cables' value of 11.39% is 232.1% above this benchmark. Historically, Bangladesh Submarine Cables' own Return-on-Tangible-Asset has ranged from 0.72 to 16.11 over the past decade. While the company's 10-year median is 8.03 vs. the industry median of 3.43, Bangladesh Submarine Cables 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 Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.43, based on 366 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. Bangladesh Submarine Cables's current Return-on-Tangible-Asset of 11.39% is 232.1% 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 Bangladesh Submarine Cables and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangladesh Submarine Cables's current Return-on-Tangible-Asset is 11.39%, which is 42% above median its own 10-year median of 8.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangladesh Submarine Cables stock overvalued right now?
Based on GuruFocus' analysis, Bangladesh Submarine Cables (DHA:BSCPLC) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT186.89, compared to a current price of BDT157.80 — trading 15.6% below its estimated fair value. The current Return-on-Tangible-Asset is 11.39%, which is 42% above median its 10-year median of 8.03 and 232.1% above the Telecommunication Services industry median of 3.43. Bangladesh Submarine Cables' overall GF Score™ is 86/100 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 Bangladesh Submarine Cables (DHA:BSCPLC), the current Return-on-Tangible-Asset is 11.39% 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 Bangladesh Submarine Cables (DHA:BSCPLC) Overvalued in 2026?

Based on GuruFocus' analysis, Bangladesh Submarine Cables stock appears to be undervalued. The current stock price of BDT157.80 is trading 15.6% below its estimated GF Value™ of BDT186.89. GuruFocus considers Bangladesh Submarine Cables to be Modestly Undervalued.

Key valuation signals for DHA:BSCPLC:

  • Return-on-Tangible-Asset: 11.39% (42% above median its 10-year median of 8.03)
  • GF Value™: BDT186.89 vs. price of BDT157.80 (15.6% below fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 232.1% above the Telecommunication Services median (#51 of 366)

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


Bangladesh Submarine Cables Business Description

Address 191/1, Tejgaon-Gulshan Link Road, Rahman’s Regnum Center (7th and 8th Floor), Dhaka, BGD, 1208
Bangladesh Submarine Cables PLC provides high-capacity bandwidth through submarine cable to IGW, IIG, ISP, and other operators across Bangladesh, ensuring customers benefit from telecom and IT-related services. It is the sole provider of submarine cable bandwidth services in the country, manages the country's submarine cable systems, and also acts as an IIG service provider. The company provides bandwidth and IPLC services (E-1, STM-1, STM-4, STM-16, STM-64/10GE, and 100GE) to IIG and IGW operators, IP transit to IIGs and ISPs, IPLC to corporate and other BTRC-permitted customers, co-location services at its data center and landing stations, and National Internet Exchange (NIX) service.
86GF Score

Get the complete analysis for DHA:BSCPLC

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

BDT157.80
Price
BDT186.89
GF Value