Bangladesh Shipping (DHA:BSC) Return-on-Tangible-Equity: 14.76% (As of Mar. 2026) — 20% Below Median


DHA:BSC Bangladesh Shipping Corp DHA:BSC
90 GF Score
Price BDT121.60
GF Value BDT123.63
Valuation Fairly Valued
! 4 Warning Signs
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What is Bangladesh Shipping Return-on-Tangible-Equity?

Bangladesh Shipping DHA:BSC +3.40% 90 Return-on-Tangible-Equity is 14.76% as of Mar. 2026, which is 20% below its 10-year median of 18.40. GuruFocus rates DHA:BSC with a GF Score™ of 90/100 and a GF Value™ of BDT123.63 (Fairly Valued). The stock has 4 warning signs investors should review. Among 977 Transportation companies, Bangladesh Shipping ranks better than 74.31% 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. Bangladesh Shipping's annualized net income for the quarter that ended in Mar. 2026 was BDT2,552 Mil. Bangladesh Shipping's average shareholder tangible equity for the quarter that ended in Mar. 2026 was BDT17,291 Mil. Therefore, Bangladesh Shipping's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.76%.

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

DHA:BSC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.85   Med: 18.4   Max: 22.29
Current: 17.44

During the past 6 years, Bangladesh Shipping's highest Return-on-Tangible-Equity was 22.29%. The lowest was 4.85%. And the median was 18.40%.

DHA:BSC's Return-on-Tangible-Equity is ranked better than
74.31% of 977 companies
in the Transportation industry
Industry Median: 9.02 vs DHA:BSC: 17.44

Bangladesh Shipping  (DHA:BSC) 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.


Bangladesh Shipping Return-on-Tangible-Equity Related Terms


Bangladesh Shipping Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Bangladesh Shipping'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.

Bangladesh Shipping Return-on-Tangible-Equity Chart

Bangladesh Shipping Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 8.12 22.29 20.29 17.36 19.44

Bangladesh Shipping 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 20.41 22.50 19.15 13.70 14.76

DHA:BSC vs KEX: Return-on-Tangible-Equity Comparison

For the Marine Shipping subindustry, Bangladesh Shipping'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.


Bangladesh Shipping Return-on-Tangible-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Bangladesh Shipping's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bangladesh Shipping's Return-on-Tangible-Equity falls into.


DHA:BSC
90GF Score
Bangladesh Shipping Corp DHA:BSC
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangladesh Shipping Return-on-Tangible-Equity Calculation

Bangladesh Shipping's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=3065.611/( (15553.674+15991.49 )/ 2 )
=3065.611/15772.582
=19.44 %

Bangladesh Shipping'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 )
=2551.684/( (16972.485+17610.406)/ 2 )
=2551.684/17291.4455
=14.76 %

* 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 14.76% mean?
Bangladesh Shipping (DHA:BSC) has a Return-on-Tangible-Equity of 14.76% 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 Bangladesh Shipping and its competitors. This is 20% below median its historical median of 18.40. Over the past decade, Bangladesh Shipping's Return-on-Tangible-Equity has ranged from 4.85 to 22.29. According to the industry distribution chart, Bangladesh Shipping ranks #251 out of 977 companies in the Transportation industry, placing it in the top 25.7%.
Is Bangladesh Shipping's Return-on-Tangible-Equity too high?
Bangladesh Shipping's current Return-on-Tangible-Equity of 14.76% is 20% below median its 10-year median of 18.40. Over the past 10 years, this metric has ranged from a low of 4.85 to a high of 22.29. The Transportation industry median Return-on-Tangible-Equity is 9.02. Bangladesh Shipping's value of 14.76% is 63.6% above this industry median. Based on the distribution chart, Bangladesh Shipping ranks #251 out of 977 companies in the Transportation industry, which is above the industry midpoint. Overall, Bangladesh Shipping has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bangladesh Shipping's Return-on-Tangible-Equity compare to KEX?
According to the Transportation industry distribution chart, Bangladesh Shipping ranks #251 out of 977 companies for Return-on-Tangible-Equity. This puts Bangladesh Shipping in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.02. Bangladesh Shipping's value of 14.76% is 63.6% above this benchmark. Historically, Bangladesh Shipping's own Return-on-Tangible-Equity has ranged from 4.85 to 22.29 over the past decade. While the company's 10-year median is 18.40 vs. the industry median of 9.02, Bangladesh Shipping 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.02, based on 977 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. Bangladesh Shipping's current Return-on-Tangible-Equity of 14.76% is 63.6% 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 Bangladesh Shipping and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangladesh Shipping's current Return-on-Tangible-Equity is 14.76%, which is 20% below median its own 10-year median of 18.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangladesh Shipping stock overvalued right now?
Based on GuruFocus' analysis, Bangladesh Shipping (DHA:BSC) is currently considered Fairly Valued. The stock's GF Value™ is BDT123.63, compared to a current price of BDT121.60 — trading 1.6% below its estimated fair value. The current Return-on-Tangible-Equity is 14.76%, which is 20% below median its 10-year median of 18.40 and 63.6% above the Transportation industry median of 9.02. Bangladesh Shipping's overall GF Score™ is 90/100 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 Bangladesh Shipping (DHA:BSC), the current Return-on-Tangible-Equity is 14.76% 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 Bangladesh Shipping (DHA:BSC) Overvalued in 2026?

Based on GuruFocus' analysis, Bangladesh Shipping stock appears to be undervalued. The current stock price of BDT121.60 is trading 1.6% below its estimated GF Value™ of BDT123.63. GuruFocus considers Bangladesh Shipping to be Fairly Valued.

Key valuation signals for DHA:BSC:

  • Return-on-Tangible-Equity: 14.76% (20% below median its 10-year median of 18.40)
  • GF Value™: BDT123.63 vs. price of BDT121.60 (1.6% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 63.6% above the Transportation median (#251 of 977)

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


Bangladesh Shipping Business Description

Address Saltgola Road, P.O. Box no. 641, BSC Bhaban, Chattogram, BGD, 4100
Bangladesh Shipping Corp is the national flag carrier engaged in shipping and ancillary businesses on International routes. Its Services are Liner Service, Chartering & Tramping service, Feeder Service, Crude Oil Carrying, Crude Oil Lightening, Food Grain Carrying, Food Grain Lightening, Agency Service, and Ship Repair.
90GF Score

Get the complete analysis for DHA:BSC

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

BDT121.60
Price
BDT123.63
GF Value