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BDCOM OnlineDHA:BDCOM +2.17%85 ROC (Joel Greenblatt) % is 11.37% as of Mar. 2026, which is 54% below its 10-year median of 24.69. GuruFocus rates DHA:BDCOM with a GF Score™ of 85/100 and a GF Value™ of BDT25.52 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 365 Telecommunication Services companies, BDCOM Online ranks better than 60.55% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. BDCOM Online's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.37%.
The historical rank and industry rank for BDCOM Online's ROC (Joel Greenblatt) % or its related term are showing as below:
DHA:BDCOM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 18.07 Med: 24.69 Max: 27.17
Current: 20.83
During the past 13 years, BDCOM Online's highest ROC (Joel Greenblatt) % was 27.17%. The lowest was 18.07%. And the median was 24.69%.
DHA:BDCOM's ROC (Joel Greenblatt) % is ranked better than 60.55% of 365
companies
in the Telecommunication Services industry
Industry Median: 14.86
vs DHA:BDCOM: 20.83
BDCOM Online's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 7.00% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
BDCOM Online ROC (Joel Greenblatt) % Related Terms
BDCOM Online ROC (Joel Greenblatt) % Historical Data
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The historical data trend for BDCOM Online's ROC (Joel Greenblatt) % 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:BDCOM vs VZ, TMUS, T: ROC (Joel Greenblatt) % Comparison
For the Telecom Services subindustry, BDCOM Online's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.
BDCOM Online ROC (Joel Greenblatt) % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, BDCOM Online's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where BDCOM Online's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.
What does a ROC (Joel Greenblatt) % of 11.37% mean?
BDCOM Online (DHA:BDCOM) has a ROC (Joel Greenblatt) % of 11.37% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on BDCOM Online and its competitors. This is 54% below median its historical median of 24.69. Over the past decade, BDCOM Online's ROC (Joel Greenblatt) % has ranged from 18.07 to 27.17. According to the industry distribution chart, BDCOM Online ranks #144 out of 365 companies in the Telecommunication Services industry, placing it in the top 39.5%.
Is BDCOM Online's ROC (Joel Greenblatt) % too high?
BDCOM Online's current ROC (Joel Greenblatt) % of 11.37% is 54% below median its 10-year median of 24.69. Over the past 10 years, this metric has ranged from a low of 18.07 to a high of 27.17. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 14.86. BDCOM Online's value of 11.37% is 23.5% below this industry median. Based on the distribution chart, BDCOM Online ranks #144 out of 365 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, BDCOM Online has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BDCOM Online's ROC (Joel Greenblatt) % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, BDCOM Online ranks #144 out of 365 companies for ROC (Joel Greenblatt) %. This puts BDCOM Online in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.86. BDCOM Online's value of 11.37% is 23.5% below this benchmark. Historically, BDCOM Online's own ROC (Joel Greenblatt) % has ranged from 18.07 to 27.17 over the past decade. While the company's 10-year median is 24.69 vs. the industry median of 14.86, BDCOM Online 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 ROC (Joel Greenblatt) % for a Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 14.86, based on 365 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BDCOM Online's current ROC (Joel Greenblatt) % of 11.37% is 23.5% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on BDCOM Online and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 14.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BDCOM Online's current ROC (Joel Greenblatt) % is 11.37%, which is 54% below median its own 10-year median of 24.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BDCOM Online stock overvalued right now?
Based on GuruFocus' analysis, BDCOM Online (DHA:BDCOM) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT25.52, compared to a current price of BDT32.90 — trading 28.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 11.37%, which is 54% below median its 10-year median of 24.69 and 23.5% below the Telecommunication Services industry median of 14.86. BDCOM Online's overall GF Score™ is 85/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For BDCOM Online (DHA:BDCOM), the current ROC (Joel Greenblatt) % is 11.37% 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 BDCOM Online (DHA:BDCOM) Overvalued in 2026?
Based on GuruFocus' analysis, BDCOM Online stock appears to be overvalued.
The current stock price of BDT32.90 is trading 28.9% above its estimated GF Value™ of BDT25.52.
GuruFocus considers BDCOM Online to be Modestly Overvalued.
Key valuation signals for DHA:BDCOM:
ROC (Joel Greenblatt) %: 11.37% (54% below median its 10-year median of 24.69)
GF Value™: BDT25.52 vs. price of BDT32.90 (28.9% above fair value)
Industry Position: 23.5% below the Telecommunication Services median (#144 of 365)
No single metric tells the full story. See the DHA:BDCOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BDCOM Online Ltd operates as an internet service provider (ISP) in Bangladesh. The company's operating segments include Unit-1 for internet, data connectivity, hardware, and other IT-enabled services; Unit-2 for software development, graphic design, VTS support and service, web development, domain registration, and domain hosting; and Unit-3 for IP telephony services and goods. It generates maximum revenue from the Unit -1 segment which includes Internet/Data Connectivity Services. The company offers its services to NBFI, corporate, telecom, and home users.
85GF Score
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