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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. RAK Ceramics (Bangladesh)'s annualized net income for the quarter that ended in Mar. 2026 was BDT-223 Mil. RAK Ceramics (Bangladesh)'s average shareholder tangible equity for the quarter that ended in Mar. 2026 was BDT6,455 Mil. Therefore, RAK Ceramics (Bangladesh)'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -3.45%.
The historical rank and industry rank for RAK Ceramics (Bangladesh)'s Return-on-Tangible-Equity or its related term are showing as below:
DHA:RAKCERAMIC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.4 Med: 9.7 Max: 16.22
Current: -6.4
During the past 13 years, RAK Ceramics (Bangladesh)'s highest Return-on-Tangible-Equity was 16.22%. The lowest was -6.40%. And the median was 9.70%.
DHA:RAKCERAMIC's Return-on-Tangible-Equity is ranked worse than 83.7% of 1712
companies
in the Construction industry
Industry Median: 8.21
vs DHA:RAKCERAMIC: -6.40
RAK Ceramics (Bangladesh) (DHA:RAKCERAMIC) 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.
RAK Ceramics (Bangladesh) Return-on-Tangible-Equity Related Terms
RAK Ceramics (Bangladesh) Return-on-Tangible-Equity Historical Data
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The historical data trend for RAK Ceramics (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.
RAK Ceramics (Bangladesh) Return-on-Tangible-Equity Chart
DHA:RAKCERAMIC vs TT, JCI, CARR: Return-on-Tangible-Equity Comparison
For the Building Products & Equipment subindustry, RAK Ceramics (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.
RAK Ceramics (Bangladesh) Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, RAK Ceramics (Bangladesh)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where RAK Ceramics (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 -3.45% mean?
RAK Ceramics (Bangladesh) (DHA:RAKCERAMIC) has a Return-on-Tangible-Equity of -3.45% 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 RAK Ceramics (Bangladesh) and its competitors. According to the industry distribution chart, RAK Ceramics (Bangladesh) ranks #1433 out of 1712 companies in the Construction industry, placing it in the top 83.7%.
Is RAK Ceramics (Bangladesh)'s Return-on-Tangible-Equity too high?
RAK Ceramics (Bangladesh)'s current Return-on-Tangible-Equity is -3.45%. Based on the distribution chart, RAK Ceramics (Bangladesh) ranks #1433 out of 1712 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, RAK Ceramics (Bangladesh) has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RAK Ceramics (Bangladesh)'s Return-on-Tangible-Equity compare to TT and JCI?
According to the Construction industry distribution chart, RAK Ceramics (Bangladesh) ranks #1433 out of 1712 companies for Return-on-Tangible-Equity. This places RAK Ceramics (Bangladesh) in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. 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 1,712 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. 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 RAK Ceramics (Bangladesh) 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. RAK Ceramics (Bangladesh)'s current Return-on-Tangible-Equity is -3.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RAK Ceramics (Bangladesh) stock overvalued right now?
Based on GuruFocus' analysis, RAK Ceramics (Bangladesh) (DHA:RAKCERAMIC) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT26.76, compared to a current price of BDT31.20 — trading 16.6% above its estimated fair value. The current Return-on-Tangible-Equity is -3.45%. RAK Ceramics (Bangladesh)'s overall GF Score™ is 66/100 with 8 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 RAK Ceramics (Bangladesh) (DHA:RAKCERAMIC), the current Return-on-Tangible-Equity is -3.45% 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 RAK Ceramics (Bangladesh) (DHA:RAKCERAMIC) Overvalued in 2026?
Based on GuruFocus' analysis, RAK Ceramics (Bangladesh) stock appears to be overvalued.
The current stock price of BDT31.20 is trading 16.6% above its estimated GF Value™ of BDT26.76.
GuruFocus considers RAK Ceramics (Bangladesh) to be Modestly Overvalued.
Key valuation signals for DHA:RAKCERAMIC:
Return-on-Tangible-Equity: -3.45%
GF Value™: BDT26.76 vs. price of BDT31.20 (16.6% above fair value)
No single metric tells the full story. See the DHA:RAKCERAMIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RAK Ceramics (Bangladesh) Ltd is a tile and sanitary ware brand in Bangladesh. The core business of RAK Ceramics is to manufacture and sell ceramics and gres porcellanato (porcelain/ fully vitrified) tiles, bathroom sets, and all types of sanitary ware. The operating segments of the group are Ceramic and sanitary ware, Power and Security, and services. Substantial revenue for the group is derived from the Ceramics and sanitary ware segment that engages in manufacturing and marketing of ceramic tiles, bathroom sets, and all types of sanitary ware.
66GF Score
Get the complete analysis for DHA:RAKCERAMIC
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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