Bangladesh Submarine Cables (DHA:BSCPLC) ROC (Joel Greenblatt) %: 23.31% (As of Mar. 2026) — 43% Above Median

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DHA:BSCPLC Bangladesh Submarine Cables PLC DHA:BSCPLC
91 GF Score
Price BDT162.80
GF Value BDT186.36
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Bangladesh Submarine Cables ROC (Joel Greenblatt) %?

Bangladesh Submarine Cables DHA:BSCPLC +0.74% 91 ROC (Joel Greenblatt) % is 23.31% as of Mar. 2026, which is 43% above its 10-year median of 16.25. GuruFocus rates DHA:BSCPLC with a GF Score™ of 91/100 and a GF Value™ of BDT186.36 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 364 Telecommunication Services companies, Bangladesh Submarine Cables ranks better than 64.29% 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. Bangladesh Submarine Cables's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.31%.

The historical rank and industry rank for Bangladesh Submarine Cables's ROC (Joel Greenblatt) % or its related term are showing as below:

DHA:BSCPLC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.07   Med: 16.25   Max: 38.4
Current: 22.55

During the past 12 years, Bangladesh Submarine Cables's highest ROC (Joel Greenblatt) % was 38.40%. The lowest was 5.07%. And the median was 16.25%.

DHA:BSCPLC's ROC (Joel Greenblatt) % is ranked better than
64.29% of 364 companies
in the Telecommunication Services industry
Industry Median: 14.97 vs DHA:BSCPLC: 22.55

Bangladesh Submarine Cables's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -6.10% per year.


Bangladesh Submarine Cables  (DHA:BSCPLC) ROC (Joel Greenblatt) % Explanation

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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Bangladesh Submarine Cables ROC (Joel Greenblatt) % Related Terms


Bangladesh Submarine Cables ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Bangladesh Submarine Cables'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.

Bangladesh Submarine Cables ROC (Joel Greenblatt) % Chart

Bangladesh Submarine Cables Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.98 38.40 29.78 15.88 16.81

Bangladesh Submarine Cables Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % 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 16.66 18.68 22.84 25.34 23.31

DHA:BSCPLC vs TMUS, VZ, T: ROC (Joel Greenblatt) % Comparison

For the Telecom Services subindustry, Bangladesh Submarine Cables'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.


Bangladesh Submarine Cables ROC (Joel Greenblatt) % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bangladesh Submarine Cables's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bangladesh Submarine Cables's ROC (Joel Greenblatt) % falls into.


DHA:BSCPLC
91GF Score
Bangladesh Submarine Cables PLC DHA:BSCPLC
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bangladesh Submarine Cables ROC (Joel Greenblatt) % Calculation

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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2110.704 + 0 + 1164.919) - (494.109 + 0 + 1556.538)
=1224.976

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2242.349 + 0 + 1298.459) - (262.353 + 0 + 1855.999)
=1422.456

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bangladesh Submarine Cables for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3707.024/( ( (14559.13 + max(1224.976, 0)) + (14601.233 + max(1422.456, 0)) )/ 2 )
=3707.024/( ( 15784.106 + 16023.689 )/ 2 )
=3707.024/15903.8975
=23.31 %

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 23.31% mean?
Bangladesh Submarine Cables (DHA:BSCPLC) has a ROC (Joel Greenblatt) % of 23.31% 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 Bangladesh Submarine Cables and its competitors. This is 43% above median its historical median of 16.25. Over the past decade, Bangladesh Submarine Cables' ROC (Joel Greenblatt) % has ranged from 5.07 to 38.40. According to the industry distribution chart, Bangladesh Submarine Cables ranks #130 out of 364 companies in the Telecommunication Services industry, placing it in the top 35.7%.
Is Bangladesh Submarine Cables' ROC (Joel Greenblatt) % too high?
Bangladesh Submarine Cables' current ROC (Joel Greenblatt) % of 23.31% is 43% above median its 10-year median of 16.25. Over the past 10 years, this metric has ranged from a low of 5.07 to a high of 38.40. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 14.97. Bangladesh Submarine Cables' value of 23.31% is 55.7% above this industry median. Based on the distribution chart, Bangladesh Submarine Cables ranks #130 out of 364 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Bangladesh Submarine Cables has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bangladesh Submarine Cables' ROC (Joel Greenblatt) % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Bangladesh Submarine Cables ranks #130 out of 364 companies for ROC (Joel Greenblatt) %. This puts Bangladesh Submarine Cables in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.97. Bangladesh Submarine Cables' value of 23.31% is 55.7% above this benchmark. Historically, Bangladesh Submarine Cables' own ROC (Joel Greenblatt) % has ranged from 5.07 to 38.40 over the past decade. While the company's 10-year median is 16.25 vs. the industry median of 14.97, Bangladesh Submarine Cables 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 ROC (Joel Greenblatt) % for a Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 14.97, based on 364 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. Bangladesh Submarine Cables's current ROC (Joel Greenblatt) % of 23.31% is 55.7% 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 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 Bangladesh Submarine Cables and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 14.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangladesh Submarine Cables's current ROC (Joel Greenblatt) % is 23.31%, which is 43% above median its own 10-year median of 16.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangladesh Submarine Cables stock overvalued right now?
Based on GuruFocus' analysis, Bangladesh Submarine Cables (DHA:BSCPLC) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT186.36, compared to a current price of BDT162.80 — trading 12.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 23.31%, which is 43% above median its 10-year median of 16.25 and 55.7% above the Telecommunication Services industry median of 14.97. Bangladesh Submarine Cables' overall GF Score™ is 91/100 with 8 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 Bangladesh Submarine Cables (DHA:BSCPLC), the current ROC (Joel Greenblatt) % is 23.31% 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 Bangladesh Submarine Cables (DHA:BSCPLC) Overvalued in 2026?

Based on GuruFocus' analysis, Bangladesh Submarine Cables stock appears to be undervalued. The current stock price of BDT162.80 is trading 12.6% below its estimated GF Value™ of BDT186.36. GuruFocus considers Bangladesh Submarine Cables to be Modestly Undervalued.

Key valuation signals for DHA:BSCPLC:

  • ROC (Joel Greenblatt) %: 23.31% (43% above median its 10-year median of 16.25)
  • GF Value™: BDT186.36 vs. price of BDT162.80 (12.6% below fair value)
  • GF Score™: 91/100 with 8 warning signs
  • Industry Position: 55.7% above the Telecommunication Services median (#130 of 364)

No single metric tells the full story. See the DHA:BSCPLC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bangladesh Submarine Cables Business Description

Address 191/1, Tejgaon-Gulshan Link Road, Rahman’s Regnum Center (7th and 8th Floor), Dhaka, BGD, 1208
Bangladesh Submarine Cables PLC provides high-capacity bandwidth through submarine cable to IGW, IIG, ISP, and other operators across Bangladesh, ensuring customers benefit from telecom and IT-related services. It is the sole provider of submarine cable bandwidth services in the country, manages the country's submarine cable systems, and also acts as an IIG service provider. The company provides bandwidth and IPLC services (E-1, STM-1, STM-4, STM-16, STM-64/10GE, and 100GE) to IIG and IGW operators, IP transit to IIGs and ISPs, IPLC to corporate and other BTRC-permitted customers, co-location services at its data center and landing stations, and National Internet Exchange (NIX) service.
91GF Score

Get the complete analysis for DHA:BSCPLC

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT162.80
Price
BDT186.36
GF Value