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Linde BangladeshDHA:LINDEBD -0.21%78 Return-on-Tangible-Asset is 8.51% as of Mar. 2026, which is 45% below its 10-year median of 15.34. GuruFocus rates DHA:LINDEBD with a GF Score™ of 78/100 and a GF Value™ of BDT838.08 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,611 Chemicals companies, Linde Bangladesh ranks better than 74.98% 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. Linde Bangladesh's annualizedNet Income for the quarter that ended in Mar. 2026 was BDT440 Mil. Linde Bangladesh's average total tangible assets for the quarter that ended in Mar. 2026 was BDT5,170 Mil. Therefore, Linde Bangladesh's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.51%.
The historical rank and industry rank for Linde Bangladesh's Return-on-Tangible-Asset or its related term are showing as below:
DHA:LINDEBD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.77 Med: 15.34 Max: 91.45
Current: 6.97
During the past 13 years, Linde Bangladesh's highest Return-on-Tangible-Asset was 91.45%. The lowest was 2.77%. And the median was 15.34%.
DHA:LINDEBD's Return-on-Tangible-Asset is ranked better than 74.98% of 1611
companies
in the Chemicals industry
Industry Median: 3.09
vs DHA:LINDEBD: 6.97
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.
Linde Bangladesh Return-on-Tangible-Asset Related Terms
Linde Bangladesh Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Linde 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.
DHA:LINDEBD vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Linde 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.
Linde Bangladesh Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Linde Bangladesh's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Linde 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 8.51% mean?
Linde Bangladesh (DHA:LINDEBD) has a Return-on-Tangible-Asset of 8.51% 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 Linde Bangladesh and its competitors. This is 45% below median its historical median of 15.34. Over the past decade, Linde Bangladesh's Return-on-Tangible-Asset has ranged from 2.77 to 91.45. According to the industry distribution chart, Linde Bangladesh ranks #403 out of 1611 companies in the Chemicals industry, placing it in the top 25%.
Is Linde Bangladesh's Return-on-Tangible-Asset too high?
Linde Bangladesh's current Return-on-Tangible-Asset of 8.51% is 45% below median its 10-year median of 15.34. Over the past 10 years, this metric has ranged from a low of 2.77 to a high of 91.45. The Chemicals industry median Return-on-Tangible-Asset is 3.09. Linde Bangladesh's value of 8.51% is 175.4% above this industry median. Based on the distribution chart, Linde Bangladesh ranks #403 out of 1611 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Linde Bangladesh has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Linde Bangladesh's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Linde Bangladesh ranks #403 out of 1611 companies for Return-on-Tangible-Asset. This places Linde Bangladesh in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.09. Linde Bangladesh's value of 8.51% is 175.4% above this benchmark. Historically, Linde Bangladesh's own Return-on-Tangible-Asset has ranged from 2.77 to 91.45 over the past decade. While the company's 10-year median is 15.34 vs. the industry median of 3.09, Linde 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.09, based on 1,611 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. Linde Bangladesh's current Return-on-Tangible-Asset of 8.51% is 175.4% 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 Linde Bangladesh and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linde Bangladesh's current Return-on-Tangible-Asset is 8.51%, which is 45% below median its own 10-year median of 15.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linde Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, Linde Bangladesh (DHA:LINDEBD) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT838.08, compared to a current price of BDT724.20 — trading 13.6% below its estimated fair value. The current Return-on-Tangible-Asset is 8.51%, which is 45% below median its 10-year median of 15.34 and 175.4% above the Chemicals industry median of 3.09. Linde Bangladesh's overall GF Score™ is 78/100 with 4 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 Linde Bangladesh (DHA:LINDEBD), the current Return-on-Tangible-Asset is 8.51% 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 Linde Bangladesh (DHA:LINDEBD) Overvalued in 2026?
Based on GuruFocus' analysis, Linde Bangladesh stock appears to be undervalued.
The current stock price of BDT724.20 is trading 13.6% below its estimated GF Value™ of BDT838.08.
GuruFocus considers Linde Bangladesh to be Modestly Undervalued.
Key valuation signals for DHA:LINDEBD:
Return-on-Tangible-Asset: 8.51% (45% below median its 10-year median of 15.34)
GF Value™: BDT838.08 vs. price of BDT724.20 (13.6% below fair value)
Industry Position: 175.4% above the Chemicals median (#403 of 1611)
No single metric tells the full story. See the DHA:LINDEBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Linde Bangladesh Ltd is a multinational industrial and medical gases company. The company provides products and services within a specific economic environment and supplies customers across a wide spectrum of industries ranging from chemicals and petrochemicals to steel. It operates 2 Air Separation Units (ASUs), 2 carbon dioxide manufacturing plants, and a DA manufacturing plant in the country. It serves various end markets such as chemicals and energy, food, beverage, electronics, healthcare, manufacturing, metals, defense, infrastructure, aerospace, and institutions. Its segments include Bulk Gases; Packaged Gas and Products; and the Healthcare business, which generates maximum revenue and comprises various medical gases, medical equipment, and medical pipelines.
78GF Score
Get the complete analysis for DHA:LINDEBD
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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