Bangladesh Submarine Cables (DHA:BSCPLC) Return-on-Tangible-Equity: 16.09% (As of Mar. 2026) — 27% Above Median


DHA:BSCPLC Bangladesh Submarine Cables PLC DHA:BSCPLC
90 GF Score
Price BDT161.40
GF Value BDT185.30
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Bangladesh Submarine Cables Return-on-Tangible-Equity?

Bangladesh Submarine Cables DHA:BSCPLC +3.53% 90 Return-on-Tangible-Equity is 16.09% as of Mar. 2026, which is 27% above its 10-year median of 12.68. GuruFocus rates DHA:BSCPLC with a GF Score™ of 90/100 and a GF Value™ of BDT185.30 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 326 Telecommunication Services companies, Bangladesh Submarine Cables ranks better than 52.76% 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 Submarine Cables's annualized net income for the quarter that ended in Mar. 2026 was BDT2,897 Mil. Bangladesh Submarine Cables's average shareholder tangible equity for the quarter that ended in Mar. 2026 was BDT18,006 Mil. Therefore, Bangladesh Submarine Cables's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.09%.

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

DHA:BSCPLC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.23   Med: 12.68   Max: 25.82
Current: 16.45

During the past 12 years, Bangladesh Submarine Cables's highest Return-on-Tangible-Equity was 25.82%. The lowest was 1.23%. And the median was 12.68%.

DHA:BSCPLC's Return-on-Tangible-Equity is ranked better than
52.76% of 326 companies
in the Telecommunication Services industry
Industry Median: 14.005 vs DHA:BSCPLC: 16.45

Bangladesh Submarine Cables  (DHA:BSCPLC) 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 Submarine Cables Return-on-Tangible-Equity Related Terms


Bangladesh Submarine Cables Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Bangladesh Submarine Cables'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 Submarine Cables Return-on-Tangible-Equity Chart

Bangladesh Submarine Cables Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.87 25.82 22.84 12.55 12.81

Bangladesh Submarine Cables 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 12.12 15.99 15.89 17.72 16.09

DHA:BSCPLC vs TMUS, VZ, T: Return-on-Tangible-Equity Comparison

For the Telecom Services subindustry, Bangladesh Submarine Cables'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 Submarine Cables Return-on-Tangible-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bangladesh Submarine Cables's Return-on-Tangible-Equity distribution charts can be found below:

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


DHA:BSCPLC
90GF Score
Bangladesh Submarine Cables PLC DHA:BSCPLC
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bangladesh Submarine Cables Return-on-Tangible-Equity Calculation

Bangladesh Submarine Cables'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 )
=2059.424/( (15242.379+16920.89 )/ 2 )
=2059.424/16081.6345
=12.81 %

Bangladesh Submarine Cables'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 )
=2897.188/( (17643.247+18369.453)/ 2 )
=2897.188/18006.35
=16.09 %

* 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 16.09% mean?
Bangladesh Submarine Cables (DHA:BSCPLC) has a Return-on-Tangible-Equity of 16.09% 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 Submarine Cables and its competitors. This is 27% above median its historical median of 12.68. Over the past decade, Bangladesh Submarine Cables' Return-on-Tangible-Equity has ranged from 1.23 to 25.82. According to the industry distribution chart, Bangladesh Submarine Cables ranks #154 out of 326 companies in the Telecommunication Services industry, placing it in the top 47.2%.
Is Bangladesh Submarine Cables' Return-on-Tangible-Equity too high?
Bangladesh Submarine Cables' current Return-on-Tangible-Equity of 16.09% is 27% above median its 10-year median of 12.68. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 25.82. The Telecommunication Services industry median Return-on-Tangible-Equity is 14.01. Bangladesh Submarine Cables' value of 16.09% is 14.9% above this industry median. Based on the distribution chart, Bangladesh Submarine Cables ranks #154 out of 326 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Bangladesh Submarine Cables has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bangladesh Submarine Cables' Return-on-Tangible-Equity compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Bangladesh Submarine Cables ranks #154 out of 326 companies for Return-on-Tangible-Equity. This puts Bangladesh Submarine Cables in the upper half of its industry. The industry median Return-on-Tangible-Equity is 14.01. Bangladesh Submarine Cables' value of 16.09% is 14.9% above this benchmark. Historically, Bangladesh Submarine Cables' own Return-on-Tangible-Equity has ranged from 1.23 to 25.82 over the past decade. While the company's 10-year median is 12.68 vs. the industry median of 14.01, Bangladesh Submarine Cables 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 Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 14.01, based on 326 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 Submarine Cables's current Return-on-Tangible-Equity of 16.09% is 14.9% 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 Submarine Cables and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 14.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangladesh Submarine Cables's current Return-on-Tangible-Equity is 16.09%, which is 27% above median its own 10-year median of 12.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangladesh Submarine Cables stock overvalued right now?
Based on GuruFocus' analysis, Bangladesh Submarine Cables (DHA:BSCPLC) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT185.30, compared to a current price of BDT161.40 — trading 12.9% below its estimated fair value. The current Return-on-Tangible-Equity is 16.09%, which is 27% above median its 10-year median of 12.68 and 14.9% above the Telecommunication Services industry median of 14.01. Bangladesh Submarine Cables' overall GF Score™ is 90/100 with 7 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 Submarine Cables (DHA:BSCPLC), the current Return-on-Tangible-Equity is 16.09% 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 Submarine Cables (DHA:BSCPLC) Overvalued in 2026?

Based on GuruFocus' analysis, Bangladesh Submarine Cables stock appears to be undervalued. The current stock price of BDT161.40 is trading 12.9% below its estimated GF Value™ of BDT185.30. GuruFocus considers Bangladesh Submarine Cables to be Modestly Undervalued.

Key valuation signals for DHA:BSCPLC:

  • Return-on-Tangible-Equity: 16.09% (27% above median its 10-year median of 12.68)
  • GF Value™: BDT185.30 vs. price of BDT161.40 (12.9% below fair value)
  • GF Score™: 90/100 with 7 warning signs
  • Industry Position: 14.9% above the Telecommunication Services median (#154 of 326)

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


Bangladesh Submarine Cables Business Description

Address 191/1, Tejgaon-Gulshan Link Road, Rahman’s Regnum Center (7th and 8th Floor), Dhaka, BGD, 1208
Bangladesh Submarine Cables PLC provides high-capacity bandwidth through submarine cable to IGW, IIG, ISP, and other operators across Bangladesh, ensuring customers benefit from telecom and IT-related services. It is the sole provider of submarine cable bandwidth services in the country, manages the country's submarine cable systems, and also acts as an IIG service provider. The company provides bandwidth and IPLC services (E-1, STM-1, STM-4, STM-16, STM-64/10GE, and 100GE) to IIG and IGW operators, IP transit to IIGs and ISPs, IPLC to corporate and other BTRC-permitted customers, co-location services at its data center and landing stations, and National Internet Exchange (NIX) service.
90GF Score

Get the complete analysis for DHA:BSCPLC

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

BDT161.40
Price
BDT185.30
GF Value