Bata Shoe Co (Bangladesh)DHA:BATASHOE +0.24%87 Return-on-Tangible-Equity is 54.39% as of Mar. 2026, which is 394% above its 10-year median of 11.02. GuruFocus rates DHA:BATASHOE with a GF Score™ of 87/100 and a GF Value™ of BDT1,003.64 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,011 Manufacturing - Apparel & Accessories companies, Bata Shoe Co (Bangladesh) ranks worse than 69.73% on this metric.
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. Bata Shoe Co (Bangladesh)'s annualized net income for the quarter that ended in Mar. 2026 was BDT1,485 Mil. Bata Shoe Co (Bangladesh)'s average shareholder tangible equity for the quarter that ended in Mar. 2026 was BDT2,730 Mil. Therefore, Bata Shoe Co (Bangladesh)'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 54.39%.
The historical rank and industry rank for Bata Shoe Co (Bangladesh)'s Return-on-Tangible-Equity or its related term are showing as below:
DHA:BATASHOE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -30.51 Med: 11.02 Max: 31.99
Current: 0.49
During the past 13 years, Bata Shoe Co (Bangladesh)'s highest Return-on-Tangible-Equity was 31.99%. The lowest was -30.51%. And the median was 11.02%.
DHA:BATASHOE's Return-on-Tangible-Equity is ranked worse than 69.73% of 1011
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs DHA:BATASHOE: 0.49
Bata Shoe Co (Bangladesh) (DHA:BATASHOE) Return-on-Tangible-Equity Explanation
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.
Bata Shoe Co (Bangladesh) Return-on-Tangible-Equity Related Terms
Bata Shoe Co (Bangladesh) Return-on-Tangible-Equity Historical Data
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The historical data trend for Bata Shoe Co (Bangladesh)'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.
Bata Shoe Co (Bangladesh) Return-on-Tangible-Equity Chart
DHA:BATASHOE vs NKE, DECK, ONON: Return-on-Tangible-Equity Comparison
For the Footwear & Accessories subindustry, Bata Shoe Co (Bangladesh)'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.
Bata Shoe Co (Bangladesh) Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bata Shoe Co (Bangladesh)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bata Shoe Co (Bangladesh)'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 54.39% mean?
Bata Shoe Co (Bangladesh) (DHA:BATASHOE) has a Return-on-Tangible-Equity of 54.39% 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 Bata Shoe Co (Bangladesh) and its competitors. This is 394% above median its historical median of 11.02. According to the industry distribution chart, Bata Shoe Co (Bangladesh) ranks #705 out of 1011 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 69.7%.
Is Bata Shoe Co (Bangladesh)'s Return-on-Tangible-Equity too high?
Bata Shoe Co (Bangladesh)'s current Return-on-Tangible-Equity of 54.39% is 394% above median its 10-year median of 11.02. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Bata Shoe Co (Bangladesh)'s value of 54.39% is 1127.8% above this industry median. Based on the distribution chart, Bata Shoe Co (Bangladesh) ranks #705 out of 1011 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Bata Shoe Co (Bangladesh) has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bata Shoe Co (Bangladesh)'s Return-on-Tangible-Equity compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bata Shoe Co (Bangladesh) ranks #705 out of 1011 companies for Return-on-Tangible-Equity. This places Bata Shoe Co (Bangladesh) in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Bata Shoe Co (Bangladesh)'s value of 54.39% is 1127.8% above this benchmark. While the company's 10-year median is 11.02 vs. the industry median of 4.43, Bata Shoe Co (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-Equity for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,011 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. Bata Shoe Co (Bangladesh)'s current Return-on-Tangible-Equity of 54.39% is 1127.8% 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-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 Bata Shoe Co (Bangladesh) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bata Shoe Co (Bangladesh)'s current Return-on-Tangible-Equity is 54.39%, which is 394% above median its own 10-year median of 11.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bata Shoe Co (Bangladesh) stock overvalued right now?
Based on GuruFocus' analysis, Bata Shoe Co (Bangladesh) (DHA:BATASHOE) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT1,003.64, compared to a current price of BDT882.20 — trading 12.1% below its estimated fair value. The current Return-on-Tangible-Equity is 54.39%, which is 394% above median its 10-year median of 11.02 and 1127.8% above the Manufacturing - Apparel & Accessories industry median of 4.43. Bata Shoe Co (Bangladesh)'s overall GF Score™ is 87/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Bata Shoe Co (Bangladesh) (DHA:BATASHOE), the current Return-on-Tangible-Equity is 54.39% 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 Bata Shoe Co (Bangladesh) (DHA:BATASHOE) Overvalued in 2026?
Based on GuruFocus' analysis, Bata Shoe Co (Bangladesh) stock appears to be undervalued.
The current stock price of BDT882.20 is trading 12.1% below its estimated GF Value™ of BDT1,003.64.
GuruFocus considers Bata Shoe Co (Bangladesh) to be Modestly Undervalued.
Key valuation signals for DHA:BATASHOE:
Return-on-Tangible-Equity: 54.39% (394% above median its 10-year median of 11.02)
GF Value™: BDT1,003.64 vs. price of BDT882.20 (12.1% below fair value)
Industry Position: 1127.8% above the Manufacturing - Apparel & Accessories median (#705 of 1011)
No single metric tells the full story. See the DHA:BATASHOE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bata Shoe Co (Bangladesh) Ltd is engaged in the manufacturing and marketing of leather, rubber, plastic, canvas footwear, hosiery, and accessories items. It offers a range of designer collections for men, women, and children. The company's manufacturing plants are located in Tongi and Dhamrai. Its operating segments are Domestic and Other, of which a majority of revenue is derived from the Domestic segment. Its products include Sports shoes, Casual and closed shoes, Formal shoes, Wallets, Backpacks, Sunglasses, and others.
87GF Score
Get the complete analysis for DHA:BATASHOE
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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