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Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Aftab Automobiles's annualized net income for the quarter that ended in Mar. 2026 was BDT-156.5 Mil. Aftab Automobiles's average shareholder tangible equity for the quarter that ended in Mar. 2026 was BDT4,840.8 Mil. Therefore, Aftab Automobiles's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -3.23%.
The historical rank and industry rank for Aftab Automobiles's Return-on-Tangible-Equity or its related term are showing as below:
DHA:AFTABAUTO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.28 Med: 0.12 Max: 7.26
Current: -3.27
During the past 13 years, Aftab Automobiles's highest Return-on-Tangible-Equity was 7.26%. The lowest was -3.28%. And the median was 0.12%.
DHA:AFTABAUTO's Return-on-Tangible-Equity is ranked worse than 82.31% of 1283
companies
in the Vehicles & Parts industry
Industry Median: 7.47
vs DHA:AFTABAUTO: -3.27
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Aftab Automobiles Return-on-Tangible-Equity Related Terms
Aftab Automobiles Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Aftab Automobiles's Return-on-Tangible-Equity 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:AFTABAUTO vs TSLA, GM, F: Return-on-Tangible-Equity Comparison
For the Auto Manufacturers subindustry, Aftab Automobiles's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Aftab Automobiles Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Aftab Automobiles's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aftab Automobiles's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -3.23% mean?
Aftab Automobiles (DHA:AFTABAUTO) has a Return-on-Tangible-Equity of -3.23% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aftab Automobiles and its competitors. According to the industry distribution chart, Aftab Automobiles ranks #1056 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 82.3%.
Is Aftab Automobiles' Return-on-Tangible-Equity too high?
Aftab Automobiles' current Return-on-Tangible-Equity is -3.23%. Based on the distribution chart, Aftab Automobiles ranks #1056 out of 1283 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Aftab Automobiles has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aftab Automobiles' Return-on-Tangible-Equity compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Aftab Automobiles ranks #1056 out of 1283 companies for Return-on-Tangible-Equity. This places Aftab Automobiles in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.47. 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-Equity for a Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.47, based on 1,283 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aftab Automobiles and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aftab Automobiles's current Return-on-Tangible-Equity is -3.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aftab Automobiles stock overvalued right now?
Based on GuruFocus' analysis, Aftab Automobiles (DHA:AFTABAUTO) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT37.48, compared to a current price of BDT31.50 — trading 16% below its estimated fair value. The current Return-on-Tangible-Equity is -3.23%. Aftab Automobiles' overall GF Score™ is 73/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Aftab Automobiles (DHA:AFTABAUTO), the current Return-on-Tangible-Equity is -3.23% 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 Aftab Automobiles (DHA:AFTABAUTO) Overvalued in 2026?
Based on GuruFocus' analysis, Aftab Automobiles stock appears to be undervalued.
The current stock price of BDT31.50 is trading 16% below its estimated GF Value™ of BDT37.48.
GuruFocus considers Aftab Automobiles to be Modestly Undervalued.
Key valuation signals for DHA:AFTABAUTO:
Return-on-Tangible-Equity: -3.23%
GF Value™: BDT37.48 vs. price of BDT31.50 (16% below fair value)
No single metric tells the full story. See the DHA:AFTABAUTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aftab Automobiles Ltd is mainly a vehicle assembler and bus body fabricator operating in Bangladesh. The company has been assembling Toyota and Hino vehicles. Its activities include assembling Toyota Land Cruiser soft top and pick up, Land Cruiser Prado, Hino bus, and Hino mini bus and truck chassis, with a yearly production capacity in three shifts. Presently, the company is mainly engaged in assembling Hino bus chassis and bus body fabrication, including luxury buses that operate on routes across the country as well as international routes. The company operates through three operating segments, namely the assembling unit, motorcycle unit, and body unit, with the majority of revenue generated from the assembling unit. The company operates in Bangladesh.
73GF Score
Get the complete analysis for DHA:AFTABAUTO
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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