Linde Bangladesh (DHA:LINDEBD) ROA %: 8.51% (As of Mar. 2026) — 44% Below Median


DHA:LINDEBD Linde Bangladesh Ltd DHA:LINDEBD
75 GF Score
Price BDT700.00
GF Value BDT855.28
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Linde Bangladesh ROA %?

Linde Bangladesh DHA:LINDEBD +0.66% 75 ROA % is 8.51% as of Mar. 2026, which is 44% below its 10-year median of 15.32. GuruFocus rates DHA:LINDEBD with a GF Score™ of 75/100 and a GF Value™ of BDT855.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,614 Chemicals companies, Linde Bangladesh ranks better than 77.26% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Linde Bangladesh's annualized Net Income for the quarter that ended in Mar. 2026 was BDT440 Mil. Linde Bangladesh's average Total Assets over the quarter that ended in Mar. 2026 was BDT5,170 Mil. Therefore, Linde Bangladesh's annualized ROA % for the quarter that ended in Mar. 2026 was 8.51%.

The historical rank and industry rank for Linde Bangladesh's ROA % or its related term are showing as below:

DHA:LINDEBD' s ROA % Range Over the Past 10 Years
Min: 2.77   Med: 15.32   Max: 91.45
Current: 6.97

During the past 13 years, Linde Bangladesh's highest ROA % was 91.45%. The lowest was 2.77%. And the median was 15.32%.

DHA:LINDEBD's ROA % is ranked better than
77.26% of 1614 companies
in the Chemicals industry
Industry Median: 2.9 vs DHA:LINDEBD: 6.97

Linde Bangladesh  (DHA:LINDEBD) 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 bank’s 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:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=439.728/5169.9115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(439.728 / 2367.964)*(2367.964 / 5169.9115)
=Net Margin %*Asset Turnover
=18.57 %*0.458
=8.51 %

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.


Linde Bangladesh ROA % Related Terms


Linde Bangladesh ROA % Historical Data

* Premium members only.

The historical data trend for Linde Bangladesh'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.

Linde Bangladesh ROA % Chart

Linde Bangladesh Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.94 10.50 2.77 91.45 6.22

Linde Bangladesh Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 5.44 7.58 7.50 4.50 8.51

DHA:LINDEBD vs LIN, SHW, ECL: ROA % Comparison

For the Specialty Chemicals subindustry, Linde Bangladesh'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.


Linde Bangladesh ROA % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Linde Bangladesh's ROA % distribution charts can be found below:

* The bar in red indicates where Linde Bangladesh's ROA % falls into.


DHA:LINDEBD
75GF Score
Linde Bangladesh Ltd DHA:LINDEBD
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Linde Bangladesh ROA % Calculation

Linde Bangladesh's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=343.965/( (5937.818+5130.388)/ 2 )
=343.965/5534.103
=6.22 %

Linde Bangladesh's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=439.728/( (5130.388+5209.435)/ 2 )
=439.728/5169.9115
=8.51 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 8.51% mean?
Linde Bangladesh (DHA:LINDEBD) has a ROA % of 8.51% 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 Linde Bangladesh and its competitors. This is 44% below median its historical median of 15.32. Over the past decade, Linde Bangladesh's ROA % has ranged from 2.77 to 91.45. According to the industry distribution chart, Linde Bangladesh ranks #367 out of 1614 companies in the Chemicals industry, placing it in the top 22.7%.
Is Linde Bangladesh's ROA % too high?
Linde Bangladesh's current ROA % of 8.51% is 44% below median its 10-year median of 15.32. Over the past 10 years, this metric has ranged from a low of 2.77 to a high of 91.45. The Chemicals industry median ROA % is 2.90. Linde Bangladesh's value of 8.51% is 193.4% above this industry median. Based on the distribution chart, Linde Bangladesh ranks #367 out of 1614 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Linde Bangladesh has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Linde Bangladesh's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Linde Bangladesh ranks #367 out of 1614 companies for ROA %. This places Linde Bangladesh in the top 23% of its industry — outperforming the majority of peers. The industry median ROA % is 2.90. Linde Bangladesh's value of 8.51% is 193.4% above this benchmark. Historically, Linde Bangladesh's own ROA % has ranged from 2.77 to 91.45 over the past decade. While the company's 10-year median is 15.32 vs. the industry median of 2.90, 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 ROA % for a Chemicals company?
The median ROA % among Chemicals companies is 2.90, based on 1,614 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. Linde Bangladesh's current ROA % of 8.51% is 193.4% 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 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 Linde Bangladesh and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linde Bangladesh's current ROA % is 8.51%, which is 44% below median its own 10-year median of 15.32. 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 BDT855.28, compared to a current price of BDT700.00 — trading 18.2% below its estimated fair value. The current ROA % is 8.51%, which is 44% below median its 10-year median of 15.32 and 193.4% above the Chemicals industry median of 2.90. Linde Bangladesh's overall GF Score™ is 75/100 with 4 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 Linde Bangladesh (DHA:LINDEBD), the current ROA % is 8.51% 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 BDT700.00 is trading 18.2% below its estimated GF Value™ of BDT855.28. GuruFocus considers Linde Bangladesh to be Modestly Undervalued.

Key valuation signals for DHA:LINDEBD:

  • ROA %: 8.51% (44% below median its 10-year median of 15.32)
  • GF Value™: BDT855.28 vs. price of BDT700.00 (18.2% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 193.4% above the Chemicals median (#367 of 1614)

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 Business Description

Address 285 Tejgaon Industrial Area, Dhaka, BGD, 1208
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.
75GF Score

Get the complete analysis for DHA:LINDEBD

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT700.00
Price
BDT855.28
GF Value