Al-Haj Textile Mills (DHA:AL-HAJTEX) ROC %: -1.09% (As of Mar. 2023)

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DHA:AL-HAJTEX Al-Haj Textile Mills Ltd DHA:AL-HAJTEX
5 GF Score
Price BDT101.40
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What is Al-Haj Textile Mills ROC %?

Al-Haj Textile Mills DHA:AL-HAJTEX -3.15% 5 ROC % is -1.09% as of Mar. 2023. GuruFocus rates DHA:AL-HAJTEX with a GF Score™ of 5/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Al-Haj Textile Mills's annualized return on capital (ROC %) for the quarter that ended in Mar. 2023 was -1.09%.

As of today (2026-07-26), Al-Haj Textile Mills's WACC % is 0.00%. Al-Haj Textile Mills's ROC % is 0.00% (calculated using TTM income statement data). Al-Haj Textile Mills earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Al-Haj Textile Mills  (DHA:AL-HAJTEX) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Al-Haj Textile Mills's WACC % is 0.00%. Al-Haj Textile Mills's ROC % is 0.00% (calculated using TTM income statement data). Al-Haj Textile Mills earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of 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.


Al-Haj Textile Mills ROC % Related Terms


Al-Haj Textile Mills ROC % Historical Data

* Premium members only.

The historical data trend for Al-Haj Textile Mills's ROC % 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.

Al-Haj Textile Mills ROC % Chart

Al-Haj Textile Mills Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.67 -10.51 -8.00 -1.71 3.15

Al-Haj Textile Mills Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
ROC % 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 1.05 6.62 2.76 -2.58 -1.09
DHA:AL-HAJTEX
5GF Score
Al-Haj Textile Mills Ltd DHA:AL-HAJTEX
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Al-Haj Textile Mills ROC % Calculation

Al-Haj Textile Mills's annualized Return on Capital (ROC %) for the fiscal year that ended in Jun. 2022 is calculated as:

ROC % (A: Jun. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jun. 2021 ) + Invested Capital (A: Jun. 2022 ))/ count )
=26.166 * ( 1 - 28.08% )/( (594.416 + 599.433)/ 2 )
=18.8185872/596.9245
=3.15 %

where

Invested Capital(A: Jun. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=872.227 - 15.269 - ( 605.833 - max(0, 535.012 - 797.554+605.833))
=594.416

Invested Capital(A: Jun. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=931.642 - 7.661 - ( 553.397 - max(0, 538.935 - 863.483+553.397))
=599.433

Al-Haj Textile Mills's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=-6.372 * ( 1 - 0% )/( (587.746 + 584.843)/ 2 )
=-6.372/586.2945
=-1.09 %

where

Invested Capital(Q: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=939.648 - 7.833 - ( 594.991 - max(0, 533.368 - 877.437+594.991))
=587.746

Invested Capital(Q: Mar. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=935.003 - 8.292 - ( 545.329 - max(0, 530.237 - 872.105+545.329))
=584.843

Note: The Operating Income data used here is four times the quarterly (Mar. 2023) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -1.09% mean?
Al-Haj Textile Mills (DHA:AL-HAJTEX) has a ROC % of -1.09% as of Mar. 2023. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Al-Haj Textile Mills and its competitors.
Is Al-Haj Textile Mills' ROC % too high?
Al-Haj Textile Mills' current ROC % is -1.09%. Overall, Al-Haj Textile Mills has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Al-Haj Textile Mills' ROC % compare to AIN?
Al-Haj Textile Mills' ROC % of -1.09% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROC % is 2.91. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Manufacturing - Apparel & Accessories company?
The median ROC % among Manufacturing - Apparel & Accessories companies is 2.91, based on 1,045 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Al-Haj Textile Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC % is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al-Haj Textile Mills's current ROC % is -1.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al-Haj Textile Mills stock overvalued right now?
Al-Haj Textile Mills (DHA:AL-HAJTEX) has a current ROC % of -1.09%. The current ROC % is -1.09%. Al-Haj Textile Mills' overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Al-Haj Textile Mills (DHA:AL-HAJTEX), the current ROC % is -1.09% as of Mar. 2023. 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.

Al-Haj Textile Mills Business Description

Address 66, Dilkusha Commercial Area, 4th Floor, Dhaka, BGD, 1000
Al-Haj Textile Mills Ltd is a Bangladesh-based company mainly engaged in the manufacturing and sale of cotton yarns. It offers cotton, polyester spun, poly-viscose blend, poly-cotton blend, and viscose spun yarns.
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ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT101.40
Price