British American Tobacco Bangladesh Co (DHA:BATBC) Return-on-Tangible-Equity: 15.08% (As of Mar. 2026) — 60% Below Median


DHA:BATBC British American Tobacco Bangladesh Co Ltd DHA:BATBC
85 GF Score
Price BDT218.70
GF Value BDT309.81
Valuation Modestly Undervalued
! 9 Warning Signs
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What is British American Tobacco Bangladesh Co Return-on-Tangible-Equity?

British American Tobacco Bangladesh Co DHA:BATBC -0.50% 85 Return-on-Tangible-Equity is 15.08% as of Mar. 2026, which is 60% below its 10-year median of 37.50. GuruFocus rates DHA:BATBC with a GF Score™ of 85/100 and a GF Value™ of BDT309.81 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 44 Tobacco Products companies, British American Tobacco Bangladesh Co ranks worse than 68.18% 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. British American Tobacco Bangladesh Co's annualized net income for the quarter that ended in Mar. 2026 was BDT8,380 Mil. British American Tobacco Bangladesh Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was BDT55,586 Mil. Therefore, British American Tobacco Bangladesh Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.08%.

The historical rank and industry rank for British American Tobacco Bangladesh Co's Return-on-Tangible-Equity or its related term are showing as below:

DHA:BATBC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.66   Med: 37.5   Max: 45.84
Current: 8.66

During the past 11 years, British American Tobacco Bangladesh Co's highest Return-on-Tangible-Equity was 45.84%. The lowest was 8.66%. And the median was 37.50%.

DHA:BATBC's Return-on-Tangible-Equity is ranked worse than
68.18% of 44 companies
in the Tobacco Products industry
Industry Median: 25.395 vs DHA:BATBC: 8.66

British American Tobacco Bangladesh Co  (DHA:BATBC) 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.


British American Tobacco Bangladesh Co Return-on-Tangible-Equity Related Terms


British American Tobacco Bangladesh Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for British American Tobacco Bangladesh Co'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.

British American Tobacco Bangladesh Co Return-on-Tangible-Equity Chart

British American Tobacco Bangladesh Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.29 45.84 37.71 31.45 10.33

British American Tobacco Bangladesh Co 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-Equity 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 23.02 7.30 22.07 -9.72 15.08

DHA:BATBC vs PM, MO, TPB: Return-on-Tangible-Equity Comparison

For the Tobacco subindustry, British American Tobacco Bangladesh Co'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.


British American Tobacco Bangladesh Co Return-on-Tangible-Equity vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, British American Tobacco Bangladesh Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where British American Tobacco Bangladesh Co's Return-on-Tangible-Equity falls into.


DHA:BATBC
85GF Score
British American Tobacco Bangladesh Co Ltd DHA:BATBC
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

British American Tobacco Bangladesh Co Return-on-Tangible-Equity Calculation

British American Tobacco Bangladesh Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=5839.923/( (57717.441+55348.411 )/ 2 )
=5839.923/56532.926
=10.33 %

British American Tobacco Bangladesh Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=8380.256/( (55348.411+55823.475)/ 2 )
=8380.256/55585.943
=15.08 %

* 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 15.08% mean?
British American Tobacco Bangladesh Co (DHA:BATBC) has a Return-on-Tangible-Equity of 15.08% 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 British American Tobacco Bangladesh Co and its competitors. This is 60% below median its historical median of 37.50. Over the past decade, British American Tobacco Bangladesh Co's Return-on-Tangible-Equity has ranged from 8.66 to 45.84. According to the industry distribution chart, British American Tobacco Bangladesh Co ranks #30 out of 44 companies in the Tobacco Products industry, placing it in the top 68.2%.
Is British American Tobacco Bangladesh Co's Return-on-Tangible-Equity too high?
British American Tobacco Bangladesh Co's current Return-on-Tangible-Equity of 15.08% is 60% below median its 10-year median of 37.50. Over the past 10 years, this metric has ranged from a low of 8.66 to a high of 45.84. The Tobacco Products industry median Return-on-Tangible-Equity is 25.40. British American Tobacco Bangladesh Co's value of 15.08% is 40.6% below this industry median. Based on the distribution chart, British American Tobacco Bangladesh Co ranks #30 out of 44 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, British American Tobacco Bangladesh Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does British American Tobacco Bangladesh Co's Return-on-Tangible-Equity compare to PM and MO?
According to the Tobacco Products industry distribution chart, British American Tobacco Bangladesh Co ranks #30 out of 44 companies for Return-on-Tangible-Equity. This places British American Tobacco Bangladesh Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 25.40. British American Tobacco Bangladesh Co's value of 15.08% is 40.6% below this benchmark. Historically, British American Tobacco Bangladesh Co's own Return-on-Tangible-Equity has ranged from 8.66 to 45.84 over the past decade. While the company's 10-year median is 37.50 vs. the industry median of 25.40, British American Tobacco Bangladesh Co has consistently been below 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 Tobacco Products company?
The median Return-on-Tangible-Equity among Tobacco Products companies is 25.40, based on 44 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. British American Tobacco Bangladesh Co's current Return-on-Tangible-Equity of 15.08% is 40.6% below 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 British American Tobacco Bangladesh Co and its competitors. For the Tobacco Products industry, the median Return-on-Tangible-Equity is 25.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. British American Tobacco Bangladesh Co's current Return-on-Tangible-Equity is 15.08%, which is 60% below median its own 10-year median of 37.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is British American Tobacco Bangladesh Co stock overvalued right now?
Based on GuruFocus' analysis, British American Tobacco Bangladesh Co (DHA:BATBC) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT309.81, compared to a current price of BDT218.70 — trading 29.4% below its estimated fair value. The current Return-on-Tangible-Equity is 15.08%, which is 60% below median its 10-year median of 37.50 and 40.6% below the Tobacco Products industry median of 25.40. British American Tobacco Bangladesh Co's overall GF Score™ is 85/100 with 9 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 British American Tobacco Bangladesh Co (DHA:BATBC), the current Return-on-Tangible-Equity is 15.08% 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 British American Tobacco Bangladesh Co (DHA:BATBC) Overvalued in 2026?

Based on GuruFocus' analysis, British American Tobacco Bangladesh Co stock appears to be undervalued. The current stock price of BDT218.70 is trading 29.4% below its estimated GF Value™ of BDT309.81. GuruFocus considers British American Tobacco Bangladesh Co to be Modestly Undervalued.

Key valuation signals for DHA:BATBC:

  • Return-on-Tangible-Equity: 15.08% (60% below median its 10-year median of 37.50)
  • GF Value™: BDT309.81 vs. price of BDT218.70 (29.4% below fair value)
  • GF Score™: 85/100 with 9 warning signs
  • Industry Position: 40.6% below the Tobacco Products median (#30 of 44)

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


British American Tobacco Bangladesh Co Business Description

Address Balibhadra Bazar, Dehora, Dhamsona, Ashulia, Dhaka, BGD, 1349
British American Tobacco Bangladesh Co Ltd is engaged in the manufacturing and marketing of cigarettes in Bangladesh. It manufactures and markets brands including Benson & Hedges, John Player Gold Leaf, John Player Series, Capstan, Lucky Strike, Star, Royals, Derby, Pilot, and Hollywood.
85GF Score

Get the complete analysis for DHA:BATBC

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

BDT218.70
Price
BDT309.81
GF Value