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National Polymer IndustriesDHA:NPOLYMER -1.42%68 Return-on-Tangible-Equity is 2.36% as of Mar. 2026, which is 69% below its 10-year median of 7.57. GuruFocus rates DHA:NPOLYMER with a GF Score™ of 68/100 and a GF Value™ of BDT17.24 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,713 Construction companies, National Polymer Industries ranks worse than 79.22% 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. National Polymer Industries's annualized net income for the quarter that ended in Mar. 2026 was BDT51 Mil. National Polymer Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was BDT2,145 Mil. Therefore, National Polymer Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.36%.
The historical rank and industry rank for National Polymer Industries's Return-on-Tangible-Equity or its related term are showing as below:
DHA:NPOLYMER'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.31 Med: 7.57 Max: 12.14
Current: -1.31
During the past 13 years, National Polymer Industries's highest Return-on-Tangible-Equity was 12.14%. The lowest was -1.31%. And the median was 7.57%.
DHA:NPOLYMER's Return-on-Tangible-Equity is ranked worse than 79.22% of 1713
companies
in the Construction industry
Industry Median: 8.21
vs DHA:NPOLYMER: -1.31
National Polymer Industries (DHA:NPOLYMER) 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.
National Polymer Industries Return-on-Tangible-Equity Related Terms
National Polymer Industries Return-on-Tangible-Equity Historical Data
* 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.
National Polymer Industries Return-on-Tangible-Equity Chart
DHA:NPOLYMER vs TT, JCI, CARR: Return-on-Tangible-Equity Comparison
For the Building Products & Equipment subindustry, National Polymer Industries'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.
National Polymer Industries Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, National Polymer Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where National Polymer Industries'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 2.36% mean?
National Polymer Industries (DHA:NPOLYMER) has a Return-on-Tangible-Equity of 2.36% 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 National Polymer Industries and its competitors. This is 69% below median its historical median of 7.57. According to the industry distribution chart, National Polymer Industries ranks #1357 out of 1713 companies in the Construction industry, placing it in the top 79.2%.
Is National Polymer Industries' Return-on-Tangible-Equity too high?
National Polymer Industries' current Return-on-Tangible-Equity of 2.36% is 69% below median its 10-year median of 7.57. The Construction industry median Return-on-Tangible-Equity is 8.21. National Polymer Industries' value of 2.36% is 71.3% below this industry median. Based on the distribution chart, National Polymer Industries ranks #1357 out of 1713 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, National Polymer Industries has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Polymer Industries' Return-on-Tangible-Equity compare to TT and JCI?
According to the Construction industry distribution chart, National Polymer Industries ranks #1357 out of 1713 companies for Return-on-Tangible-Equity. This places National Polymer Industries in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. National Polymer Industries' value of 2.36% is 71.3% below this benchmark. While the company's 10-year median is 7.57 vs. the industry median of 8.21, National Polymer Industries 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,713 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. National Polymer Industries's current Return-on-Tangible-Equity of 2.36% is 71.3% 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 National Polymer Industries and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Polymer Industries's current Return-on-Tangible-Equity is 2.36%, which is 69% below median its own 10-year median of 7.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Polymer Industries stock overvalued right now?
Based on GuruFocus' analysis, National Polymer Industries (DHA:NPOLYMER) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT17.24, compared to a current price of BDT34.70 — trading 101.3% above its estimated fair value. The current Return-on-Tangible-Equity is 2.36%, which is 69% below median its 10-year median of 7.57 and 71.3% below the Construction industry median of 8.21. National Polymer Industries' overall GF Score™ is 68/100 with 10 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 National Polymer Industries (DHA:NPOLYMER), the current Return-on-Tangible-Equity is 2.36% 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 National Polymer Industries (DHA:NPOLYMER) Overvalued in 2026?
Based on GuruFocus' analysis, National Polymer Industries stock appears to be overvalued.
The current stock price of BDT34.70 is trading 101.3% above its estimated GF Value™ of BDT17.24.
GuruFocus considers National Polymer Industries to be Significantly Overvalued.
Key valuation signals for DHA:NPOLYMER:
Return-on-Tangible-Equity: 2.36% (69% below median its 10-year median of 7.57)
GF Value™: BDT17.24 vs. price of BDT34.70 (101.3% above fair value)
Industry Position: 71.3% below the Construction median (#1357 of 1713)
No single metric tells the full story. See the DHA:NPOLYMER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Polymer Industries PLC is engaged in manufacturing a wide range of plastic products for building, construction, sanitation and irrigation applications. It owns and operates PVC Pipes, PVC Water Tanks, PVC Doors and Bottle grade PVC Compound Manufacturing Plant, produces and markets the same in the local and foreign markets. The company generates revenue from the sale of its products.
68GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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