Saiham Cotton Mills (DHA:SAIHAMCOT) ROC (Joel Greenblatt) %: 6.15% (As of Mar. 2026) — 21% Above Median

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DHA:SAIHAMCOT Saiham Cotton Mills Ltd DHA:SAIHAMCOT
90 GF Score
Price BDT22.30
GF Value BDT16.76
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Saiham Cotton Mills ROC (Joel Greenblatt) %?

Saiham Cotton Mills DHA:SAIHAMCOT +1.36% 90 ROC (Joel Greenblatt) % is 6.15% as of Mar. 2026, which is 21% above its 10-year median of 5.07. GuruFocus rates DHA:SAIHAMCOT with a GF Score™ of 90/100 and a GF Value™ of BDT16.76 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Saiham Cotton Mills ranks worse than 60.83% 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. Saiham Cotton Mills's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.15%.

The historical rank and industry rank for Saiham Cotton Mills's ROC (Joel Greenblatt) % or its related term are showing as below:

DHA:SAIHAMCOT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.49   Med: 5.07   Max: 6.43
Current: 5.26

During the past 11 years, Saiham Cotton Mills's highest ROC (Joel Greenblatt) % was 6.43%. The lowest was 1.49%. And the median was 5.07%.

DHA:SAIHAMCOT's ROC (Joel Greenblatt) % is ranked worse than
60.83% of 1062 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.62 vs DHA:SAIHAMCOT: 5.26

Saiham Cotton Mills's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 23.60% per year.


Saiham Cotton Mills  (DHA:SAIHAMCOT) 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.


Saiham Cotton Mills ROC (Joel Greenblatt) % Related Terms


Saiham Cotton Mills ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Saiham Cotton Mills'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.

Saiham Cotton Mills ROC (Joel Greenblatt) % Chart

Saiham Cotton Mills Annual Data
Trend Apr16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 4.97 2.59 5.17 5.44

Saiham Cotton Mills 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 5.22 5.07 5.16 4.56 6.15

Saiham Cotton Mills ROC (Joel Greenblatt) % Competitor Comparison

For the Textile Manufacturing subindustry, Saiham Cotton Mills'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.


Saiham Cotton Mills ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Saiham Cotton Mills's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Saiham Cotton Mills's ROC (Joel Greenblatt) % falls into.


DHA:SAIHAMCOT
90GF Score
Saiham Cotton Mills Ltd DHA:SAIHAMCOT
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Saiham Cotton Mills 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)
=(1321.507 + 4213.765 + 98.562999999999) - (1331.43 + 0 + 113.082)
=4189.323

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1176.214 + 4376.208 + 113.067) - (1786.36 + 0 + 117.825)
=3761.304

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Saiham Cotton Mills 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 )
=543.78/( ( (4893.087 + max(4189.323, 0)) + (4838.206 + max(3761.304, 0)) )/ 2 )
=543.78/( ( 9082.41 + 8599.51 )/ 2 )
=543.78/8840.96
=6.15 %

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 6.15% mean?
Saiham Cotton Mills (DHA:SAIHAMCOT) has a ROC (Joel Greenblatt) % of 6.15% 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 Saiham Cotton Mills and its competitors. This is 21% above median its historical median of 5.07. Over the past decade, Saiham Cotton Mills' ROC (Joel Greenblatt) % has ranged from 1.49 to 6.43. According to the industry distribution chart, Saiham Cotton Mills ranks #646 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 60.8%.
Is Saiham Cotton Mills' ROC (Joel Greenblatt) % too high?
Saiham Cotton Mills' current ROC (Joel Greenblatt) % of 6.15% is 21% above median its 10-year median of 5.07. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 6.43. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.62. Saiham Cotton Mills' value of 6.15% is 28.7% below this industry median. Based on the distribution chart, Saiham Cotton Mills ranks #646 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Saiham Cotton Mills has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saiham Cotton Mills' ROC (Joel Greenblatt) % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Saiham Cotton Mills ranks #646 out of 1062 companies for ROC (Joel Greenblatt) %. This places Saiham Cotton Mills in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.62. Saiham Cotton Mills' value of 6.15% is 28.7% below this benchmark. Historically, Saiham Cotton Mills' own ROC (Joel Greenblatt) % has ranged from 1.49 to 6.43 over the past decade. While the company's 10-year median is 5.07 vs. the industry median of 8.62, Saiham Cotton Mills 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.62, based on 1,062 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. Saiham Cotton Mills's current ROC (Joel Greenblatt) % of 6.15% is 28.7% 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 Saiham Cotton Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saiham Cotton Mills's current ROC (Joel Greenblatt) % is 6.15%, which is 21% above median its own 10-year median of 5.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saiham Cotton Mills stock overvalued right now?
Based on GuruFocus' analysis, Saiham Cotton Mills (DHA:SAIHAMCOT) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT16.76, compared to a current price of BDT22.30 — trading 33.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.15%, which is 21% above median its 10-year median of 5.07 and 28.7% below the Manufacturing - Apparel & Accessories industry median of 8.62. Saiham Cotton Mills' overall GF Score™ is 90/100 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 Saiham Cotton Mills (DHA:SAIHAMCOT), the current ROC (Joel Greenblatt) % is 6.15% 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 Saiham Cotton Mills (DHA:SAIHAMCOT) Overvalued in 2026?

Based on GuruFocus' analysis, Saiham Cotton Mills stock appears to be overvalued. The current stock price of BDT22.30 is trading 33.1% above its estimated GF Value™ of BDT16.76. GuruFocus considers Saiham Cotton Mills to be Significantly Overvalued.

Key valuation signals for DHA:SAIHAMCOT:

  • ROC (Joel Greenblatt) %: 6.15% (21% above median its 10-year median of 5.07)
  • GF Value™: BDT16.76 vs. price of BDT22.30 (33.1% above fair value)
  • GF Score™: 90/100 with 8 warning signs
  • Industry Position: 28.7% below the Manufacturing - Apparel & Accessories median (#646 of 1062)

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


Saiham Cotton Mills Business Description

Address House No. 34, Road No. 136, Gulshan-1, Saiham Tower, Block No. SE (C)-1, 11th Floor, Dhaka, BGD, 1212
Saiham Cotton Mills Ltd operates an industrial spinning plant with Bangladesh's modern cotton mills for export-oriented industries. The Company manufactures auto-coned electronically cleared cotton carded and combed grey yarn. Its products are Cotton Combed Yarn, Cotton Carded Yarn, Blended PC & CVC Yarn, Modal, and Others.
90GF Score

Get the complete analysis for DHA:SAIHAMCOT

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

BDT22.30
Price
BDT16.76
GF Value