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Linde BangladeshDHA:LINDEBD +0.23%78 Return-on-Tangible-Equity is 13.51% as of Mar. 2026, which is 41% below its 10-year median of 23.09. GuruFocus rates DHA:LINDEBD with a GF Score™ of 78/100 and a GF Value™ of BDT846.18 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,569 Chemicals companies, Linde Bangladesh ranks better than 73.55% 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. Linde Bangladesh's annualized net income for the quarter that ended in Mar. 2026 was BDT440 Mil. Linde Bangladesh's average shareholder tangible equity for the quarter that ended in Mar. 2026 was BDT3,255 Mil. Therefore, Linde Bangladesh's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.51%.
The historical rank and industry rank for Linde Bangladesh's Return-on-Tangible-Equity or its related term are showing as below:
DHA:LINDEBD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.91 Med: 23.09 Max: 140.53
Current: 11.44
During the past 13 years, Linde Bangladesh's highest Return-on-Tangible-Equity was 140.53%. The lowest was 3.91%. And the median was 23.09%.
DHA:LINDEBD's Return-on-Tangible-Equity is ranked better than 73.55% of 1569
companies
in the Chemicals industry
Industry Median: 5.73
vs DHA:LINDEBD: 11.44
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.
Linde Bangladesh Return-on-Tangible-Equity Related Terms
Linde Bangladesh Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Linde 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.
DHA:LINDEBD vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Linde 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.
Linde Bangladesh Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Linde Bangladesh's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Linde 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 13.51% mean?
Linde Bangladesh (DHA:LINDEBD) has a Return-on-Tangible-Equity of 13.51% 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 Linde Bangladesh and its competitors. This is 41% below median its historical median of 23.09. Over the past decade, Linde Bangladesh's Return-on-Tangible-Equity has ranged from 3.91 to 140.53. According to the industry distribution chart, Linde Bangladesh ranks #415 out of 1569 companies in the Chemicals industry, placing it in the top 26.4%.
Is Linde Bangladesh's Return-on-Tangible-Equity too high?
Linde Bangladesh's current Return-on-Tangible-Equity of 13.51% is 41% below median its 10-year median of 23.09. Over the past 10 years, this metric has ranged from a low of 3.91 to a high of 140.53. The Chemicals industry median Return-on-Tangible-Equity is 5.73. Linde Bangladesh's value of 13.51% is 135.8% above this industry median. Based on the distribution chart, Linde Bangladesh ranks #415 out of 1569 companies in the Chemicals industry, which is above the industry midpoint. Overall, Linde Bangladesh has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Linde Bangladesh's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Linde Bangladesh ranks #415 out of 1569 companies for Return-on-Tangible-Equity. This puts Linde Bangladesh in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.73. Linde Bangladesh's value of 13.51% is 135.8% above this benchmark. Historically, Linde Bangladesh's own Return-on-Tangible-Equity has ranged from 3.91 to 140.53 over the past decade. While the company's 10-year median is 23.09 vs. the industry median of 5.73, Linde 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.73, based on 1,569 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. Linde Bangladesh's current Return-on-Tangible-Equity of 13.51% is 135.8% 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 Linde Bangladesh and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linde Bangladesh's current Return-on-Tangible-Equity is 13.51%, which is 41% below median its own 10-year median of 23.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linde Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, Linde Bangladesh (DHA:LINDEBD) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT846.18, compared to a current price of BDT750.00 — trading 11.4% below its estimated fair value. The current Return-on-Tangible-Equity is 13.51%, which is 41% below median its 10-year median of 23.09 and 135.8% above the Chemicals industry median of 5.73. Linde Bangladesh's overall GF Score™ is 78/100 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 Linde Bangladesh (DHA:LINDEBD), the current Return-on-Tangible-Equity is 13.51% 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 Linde Bangladesh (DHA:LINDEBD) Overvalued in 2026?
Based on GuruFocus' analysis, Linde Bangladesh stock appears to be undervalued.
The current stock price of BDT750.00 is trading 11.4% below its estimated GF Value™ of BDT846.18.
GuruFocus considers Linde Bangladesh to be Modestly Undervalued.
Key valuation signals for DHA:LINDEBD:
Return-on-Tangible-Equity: 13.51% (41% below median its 10-year median of 23.09)
GF Value™: BDT846.18 vs. price of BDT750.00 (11.4% below fair value)
Industry Position: 135.8% above the Chemicals median (#415 of 1569)
No single metric tells the full story. See the DHA:LINDEBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Linde Bangladesh Ltd is a multinational industrial and medical gases company. The company provides products and services within a specific economic environment and supplies customers across a wide spectrum of industries ranging from chemicals and petrochemicals to steel. It operates 2 Air Separation Units (ASUs), 2 carbon dioxide manufacturing plants, and a DA manufacturing plant in the country. It serves various end markets such as chemicals and energy, food, beverage, electronics, healthcare, manufacturing, metals, defense, infrastructure, aerospace, and institutions. Its segments include Bulk Gases; Packaged Gas and Products; and the Healthcare business, which generates maximum revenue and comprises various medical gases, medical equipment, and medical pipelines.
78GF Score
Get the complete analysis for DHA:LINDEBD
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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