Argon DenimsDHA:ARGONDENIM +2.53%87 ROA % is 1.75% as of Mar. 2026, which is 50% below its 10-year median of 3.50. GuruFocus rates DHA:ARGONDENIM with a GF Score™ of 87/100 and a GF Value™ of BDT16.65 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, Argon Denims ranks better than 52.72% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Argon Denims's annualizedNet Income for the quarter that ended in Mar. 2026 was BDT120 Mil.
Argon Denims's average Total Assets over the quarter that ended in Mar. 2026 was BDT6,857 Mil. Therefore, Argon Denims's annualized ROA % for the quarter that ended in Mar. 2026 was 1.75%.
The historical rank and industry rank for Argon Denims's ROA % or its related term are showing as below:
DHA:ARGONDENIM'
s ROA % Range Over the Past 10 Years
Min: 1.14 Med: 3.5 Max: 8.05
Current: 2.34
During the past 11 years, Argon Denims's highest ROA % was 8.05%. The lowest was 1.14%. And the median was 3.50%.
DHA:ARGONDENIM's ROA % is ranked better than 52.72% of 1066
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.9
vs DHA:ARGONDENIM: 2.34
Argon Denims (DHA:ARGONDENIM) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Argon Denims ROA % Related Terms
Argon Denims ROA % Historical Data
* Premium members only.
The historical data trend for Argon Denims's ROA % 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.
For the Textile Manufacturing subindustry, Argon Denims's ROA %, along with its competitors' market caps and ROA % 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.
Argon Denims ROA % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Argon Denims's ROA % distribution charts can be found below:
* The bar in red indicates where Argon Denims's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets 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.
ROA % is displayed in the 30-year financial page.
Argon Denims (DHA:ARGONDENIM) has a ROA % of 1.75% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Argon Denims and its competitors. This is 50% below median its historical median of 3.50. Over the past decade, Argon Denims' ROA % has ranged from 1.14 to 8.05. According to the industry distribution chart, Argon Denims ranks #504 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 47.3%.
Is Argon Denims' ROA % too high?
Argon Denims' current ROA % of 1.75% is 50% below median its 10-year median of 3.50. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 8.05. The Manufacturing - Apparel & Accessories industry median ROA % is 1.90. Argon Denims' value of 1.75% is 7.9% below this industry median. Based on the distribution chart, Argon Denims ranks #504 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Argon Denims has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argon Denims' ROA % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Argon Denims ranks #504 out of 1066 companies for ROA %. This puts Argon Denims in the upper half of its industry. The industry median ROA % is 1.90. Argon Denims' value of 1.75% is 7.9% below this benchmark. Historically, Argon Denims' own ROA % has ranged from 1.14 to 8.05 over the past decade. While the company's 10-year median is 3.50 vs. the industry median of 1.90, Argon Denims 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 ROA % for a Manufacturing - Apparel & Accessories company?
The median ROA % among Manufacturing - Apparel & Accessories companies is 1.90, based on 1,066 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argon Denims's current ROA % of 1.75% is 7.9% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Argon Denims and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argon Denims's current ROA % is 1.75%, which is 50% below median its own 10-year median of 3.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argon Denims stock overvalued right now?
Based on GuruFocus' analysis, Argon Denims (DHA:ARGONDENIM) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT16.65, compared to a current price of BDT20.30 — trading 21.9% above its estimated fair value. The current ROA % is 1.75%, which is 50% below median its 10-year median of 3.50 and 7.9% below the Manufacturing - Apparel & Accessories industry median of 1.90. Argon Denims' overall GF Score™ is 87/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Argon Denims (DHA:ARGONDENIM), the current ROA % is 1.75% 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 Argon Denims (DHA:ARGONDENIM) Overvalued in 2026?
Based on GuruFocus' analysis, Argon Denims stock appears to be overvalued.
The current stock price of BDT20.30 is trading 21.9% above its estimated GF Value™ of BDT16.65.
GuruFocus considers Argon Denims to be Modestly Overvalued.
Key valuation signals for DHA:ARGONDENIM:
ROA %: 1.75% (50% below median its 10-year median of 3.50)
GF Value™: BDT16.65 vs. price of BDT20.30 (21.9% above fair value)
Industry Position: 7.9% below the Manufacturing - Apparel & Accessories median (#504 of 1066)
No single metric tells the full story. See the DHA:ARGONDENIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argon Denims Ltd is engaged in manufacturing, dyeing, and finishing Denim Fabric based in Bangladesh and focuses on exports. The firm carries out the business of weaving, spinning, bleaching, dyeing, mercerizing, printing, finishing, and selling denim fabrics, yarn, cloth, linen, hosiery, and other goods and fabrics, whether textiles knitted or looped. It produces a medium and premium range of denim fabrics in various weights. The products include fabrics in 100% cotton, cotton stretch, cotton polyester, and cotton-polyester stretch. The dyeing line is equipped with light and dark indigo, Sulphur black, SBIT, IBST, with casts and colors.
87GF Score
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