Argon Denims (DHA:ARGONDENIM) ROCE %: 7.33% (As of Mar. 2026)


DHA:ARGONDENIM Argon Denims Ltd DHA:ARGONDENIM
87 GF Score
Price BDT19.80
GF Value BDT16.64
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Argon Denims ROCE %?

Argon Denims DHA:ARGONDENIM +1.02% 87 ROCE % is 7.33% as of Mar. 2026. GuruFocus rates DHA:ARGONDENIM with a GF Score™ of 87/100 and a GF Value™ of BDT16.64 (Modestly Overvalued). The stock has 12 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Argon Denims's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.33%.

Argon Denims  (DHA:ARGONDENIM) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Argon Denims ROCE % Related Terms

Argon Denims ROCE % Historical Data

* Premium members only.

The historical data trend for Argon Denims's ROCE % 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.

Argon Denims ROCE % Chart

Argon Denims Annual Data
Trend Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.31 4.45 6.01 7.83 10.70

Argon Denims Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 10.41 7.06 12.98 5.48 7.33
DHA:ARGONDENIM
87GF Score
Argon Denims Ltd DHA:ARGONDENIM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Argon Denims ROCE % Calculation

Argon Denims's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=387.262/( ( (6747.004 - 3173.111) + (6727.474 - 3062.331) )/ 2 )
=387.262/( (3573.893+3665.143)/ 2 )
=387.262/3619.518
=10.70 %

Argon Denims's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=271.332/( ( (7075.149 - 3335.686) + (6638.232 - 2972.868) )/ 2 )
=271.332/( ( 3739.463 + 3665.364 )/ 2 )
=271.332/3702.4135
=7.33 %

(1) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 7.33% mean?
Argon Denims (DHA:ARGONDENIM) has a ROCE % of 7.33% as of Mar. 2026.
Is Argon Denims' ROCE % too high?
Argon Denims' current ROCE % is 7.33%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.12. Argon Denims' value of 7.33% is 19.8% above this industry median. Overall, Argon Denims has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argon Denims' ROCE % compare to competitors?
Argon Denims' ROCE % of 7.33% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.12. Argon Denims' value of 7.33% is 19.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.12, based on 1,038 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argon Denims's current ROCE % of 7.33% is 19.8% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argon Denims's current ROCE % is 7.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argon Denims stock overvalued right now?
Based on GuruFocus' analysis, Argon Denims (DHA:ARGONDENIM) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT16.64, compared to a current price of BDT19.80 — trading 19% above its estimated fair value. The current ROCE % is 7.33% and 19.8% above the Manufacturing - Apparel & Accessories industry median of 6.12. Argon Denims' overall GF Score™ is 87/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Argon Denims (DHA:ARGONDENIM), the current ROCE % is 7.33% 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 Argon Denims (DHA:ARGONDENIM) Overvalued in 2026?

Based on GuruFocus' analysis, Argon Denims stock appears to be overvalued. The current stock price of BDT19.80 is trading 19% above its estimated GF Value™ of BDT16.64. GuruFocus considers Argon Denims to be Modestly Overvalued.

Key valuation signals for DHA:ARGONDENIM:

  • ROCE %: 7.33%
  • GF Value™: BDT16.64 vs. price of BDT19.80 (19% above fair value)
  • GF Score™: 87/100 with 12 warning signs
  • Industry Position: 19.8% above the Manufacturing - Apparel & Accessories median

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

Argon Denims Business Description

Address 57, Joar Sahara, New Airport Road, Level-6, Lotus Kamal Tower ONE, Nikunja-2- C/A, Dhaka, BGD, 1229
Argon Denims Ltd is engaged in manufacturing, dyeing, and finishing Denim Fabric based in Bangladesh and focuses on exports. The firm carries out the business of weaving, spinning, bleaching, dyeing, mercerizing, printing, finishing, and selling denim fabrics, yarn, cloth, linen, hosiery, and other goods and fabrics, whether textiles knitted or looped. It produces a medium and premium range of denim fabrics in various weights. The products include fabrics in 100% cotton, cotton stretch, cotton polyester, and cotton-polyester stretch. The dyeing line is equipped with light and dark indigo, Sulphur black, SBIT, IBST, with casts and colors.
87GF Score

Get the complete analysis for DHA:ARGONDENIM

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

BDT19.80
Price
BDT16.64
GF Value