Hamid Fabrics (DHA:HFL) ROCE %: -4.13% (As of Sep. 2024)

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DHA:HFL Hamid Fabrics PLC DHA:HFL
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Price BDT15.30
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What is Hamid Fabrics ROCE %?

Hamid Fabrics DHA:HFL -0.65% 10 ROCE % is -4.13% as of Sep. 2024. GuruFocus rates DHA:HFL with a GF Score™ of 10/100.

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. Hamid Fabrics's annualized ROCE % for the quarter that ended in Sep. 2024 was -4.13%.

Hamid Fabrics  (DHA:HFL) 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.

Hamid Fabrics ROCE % Related Terms

Hamid Fabrics ROCE % Historical Data

* Premium members only.

The historical data trend for Hamid Fabrics'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.

Hamid Fabrics ROCE % Chart

Hamid Fabrics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.46 4.56 -1.37 4.86 4.59

Hamid Fabrics Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 3.61 4.87 1.32 -2.21 -4.13
DHA:HFL
10GF Score
Hamid Fabrics PLC DHA:HFL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hamid Fabrics ROCE % Calculation

Hamid Fabrics's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=172.707/( ( (5165.058 - 1375.471) + (4969.981 - 1228.607) )/ 2 )
=172.707/( (3789.587+3741.374)/ 2 )
=172.707/3765.4805
=4.59 %

Hamid Fabrics's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=-163.8/( ( (4742.28 - 902.964) + (5710.62 - 1610.402) )/ 2 )
=-163.8/( ( 3839.316 + 4100.218 )/ 2 )
=-163.8/3969.767
=-4.13 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) 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 -4.13% mean?
Hamid Fabrics (DHA:HFL) has a ROCE % of -4.13% as of Sep. 2024.
Is Hamid Fabrics' ROCE % too high?
Hamid Fabrics' current ROCE % is -4.13%. Overall, Hamid Fabrics has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Hamid Fabrics' ROCE % compare to competitors?
Hamid Fabrics' ROCE % of -4.13% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.13. 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 6.13, based on 1,039 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. 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 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hamid Fabrics's current ROCE % is -4.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamid Fabrics stock overvalued right now?
Hamid Fabrics (DHA:HFL) has a current ROCE % of -4.13%. The current ROCE % is -4.13%. Hamid Fabrics' overall GF Score™ is 10/100. 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 Hamid Fabrics (DHA:HFL), the current ROCE % is -4.13% as of Sep. 2024. 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.

Hamid Fabrics Business Description

Address 24, Gulshan C/A, Circle-2, Hamid Tower (7th Floor), Dhaka, BGD, 1212
Hamid Fabrics PLC is a manufacturer of solid-dye fabric for the readymade garment industry. The company's product range includes cotton fabrics as well as blended fabrics such as cotton/polyester, cotton/viscose, nylon/cotton and cotton/lycra. The weaving unit produces grey fabrics in various designs and constructions such as Twill, Canvas, Oxford, Rib stop, Rib cord, Ottoman, Herringbone, and various dobby designs of different weight ranges. The finishing mix of Hamid Fabrics Limited comprises water repellent, fireproof, wrinkle-free, Teflon coating, aero finish and chintz finish. The company caters to the markets in the United States of American and the European Union.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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