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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. Safko Spinning Mills's annualizedNet Income for the quarter that ended in Mar. 2026 was BDT-141.56 Mil. Safko Spinning Mills's average total tangible assets for the quarter that ended in Mar. 2026 was BDT1,394.92 Mil. Therefore, Safko Spinning Mills's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -10.15%.
The historical rank and industry rank for Safko Spinning Mills's Return-on-Tangible-Asset or its related term are showing as below:
DHA:SAFKOSPINN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -21.37 Med: -0.91 Max: 0.88
Current: -8.44
During the past 13 years, Safko Spinning Mills's highest Return-on-Tangible-Asset was 0.88%. The lowest was -21.37%. And the median was -0.91%.
DHA:SAFKOSPINN's Return-on-Tangible-Asset is ranked worse than 87.55% of 1068
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.02
vs DHA:SAFKOSPINN: -8.44
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.
Safko Spinning Mills Return-on-Tangible-Asset Related Terms
Safko Spinning Mills Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Safko Spinning Mills'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:SAFKOSPINN vs AIN: Return-on-Tangible-Asset Comparison
For the Textile Manufacturing subindustry, Safko Spinning Mills'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.
Safko Spinning Mills Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Safko Spinning Mills's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Safko Spinning Mills'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 -10.15% mean?
Safko Spinning Mills (DHA:SAFKOSPINN) has a Return-on-Tangible-Asset of -10.15% 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 Safko Spinning Mills and its competitors. According to the industry distribution chart, Safko Spinning Mills ranks #935 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 87.5%.
Is Safko Spinning Mills' Return-on-Tangible-Asset too high?
Safko Spinning Mills' current Return-on-Tangible-Asset is -10.15%. Based on the distribution chart, Safko Spinning Mills ranks #935 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Safko Spinning Mills has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safko Spinning Mills' Return-on-Tangible-Asset compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Safko Spinning Mills ranks #935 out of 1068 companies for Return-on-Tangible-Asset. This places Safko Spinning Mills in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.02. 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 2.02, based on 1,068 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 Safko Spinning Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safko Spinning Mills's current Return-on-Tangible-Asset is -10.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safko Spinning Mills stock overvalued right now?
Based on GuruFocus' analysis, Safko Spinning Mills (DHA:SAFKOSPINN) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT14.95, compared to a current price of BDT21.10 — trading 41.1% above its estimated fair value. The current Return-on-Tangible-Asset is -10.15%. Safko Spinning Mills' overall GF Score™ is 52/100 with 6 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 Safko Spinning Mills (DHA:SAFKOSPINN), the current Return-on-Tangible-Asset is -10.15% 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 Safko Spinning Mills (DHA:SAFKOSPINN) Overvalued in 2026?
Based on GuruFocus' analysis, Safko Spinning Mills stock appears to be overvalued.
The current stock price of BDT21.10 is trading 41.1% above its estimated GF Value™ of BDT14.95.
GuruFocus considers Safko Spinning Mills to be Significantly Overvalued.
Key valuation signals for DHA:SAFKOSPINN:
Return-on-Tangible-Asset: -10.15%
GF Value™: BDT14.95 vs. price of BDT21.10 (41.1% above fair value)
No single metric tells the full story. See the DHA:SAFKOSPINN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Safko Spinning Mills Ltd is engaged in the manufacturing of Cotton yarn, Polyester, Cotton Blended yarn, Synthetic yarn, or other yarn for sale and export purpose. The spinning mill supplies yarns to the textile weaving market in Bangladesh and international markets. Its operations include the production of carded and combed cotton yarns, as well as polyester yarns. The company derives revenue from the sale of yarn to both the domestic textile sector and export oriented home textile industries.
52GF Score
Get the complete analysis for DHA:SAFKOSPINN
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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