Titas Gas Transmission and Distribution (DHA:TITASGAS) ROCE %: -4.01% (As of Mar. 2026)


DHA:TITASGAS Titas Gas Transmission and Distribution PLC DHA:TITASGAS
68 GF Score
Price BDT17.80
GF Value BDT23.36
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Titas Gas Transmission and Distribution ROCE %?

Titas Gas Transmission and Distribution DHA:TITASGAS -0.56% 68 ROCE % is -4.01% as of Mar. 2026. GuruFocus rates DHA:TITASGAS with a GF Score™ of 68/100 and a GF Value™ of BDT23.36 (Modestly Undervalued). The stock has 7 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. Titas Gas Transmission and Distribution's annualized ROCE % for the quarter that ended in Mar. 2026 was -4.01%.


Titas Gas Transmission and Distribution  (DHA:TITASGAS) 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.


Titas Gas Transmission and Distribution ROCE % Related Terms


Titas Gas Transmission and Distribution ROCE % Historical Data

* Premium members only.

The historical data trend for Titas Gas Transmission and Distribution'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.

Titas Gas Transmission and Distribution ROCE % Chart

Titas Gas Transmission and Distribution Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.39 3.72 -1.62 1.04 -0.43

Titas Gas Transmission and Distribution 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 -1.71 11.11 -5.33 -1.61 -4.01
DHA:TITASGAS
68GF Score
Titas Gas Transmission and Distribution PLC DHA:TITASGAS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Titas Gas Transmission and Distribution ROCE % Calculation

Titas Gas Transmission and Distribution'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 )
=-614.506/( ( (350693.066 - 203848.81) + (382069.364 - 240647.012) )/ 2 )
=-614.506/( (146844.256+141422.352)/ 2 )
=-614.506/144133.304
=-0.43 %

Titas Gas Transmission and Distribution'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 )
=-5507.292/( ( (393100.951 - 254953.718) + (387555.401 - 251286.052) )/ 2 )
=-5507.292/( ( 138147.233 + 136269.349 )/ 2 )
=-5507.292/137208.291
=-4.01 %

(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 -4.01% mean?
Titas Gas Transmission and Distribution (DHA:TITASGAS) has a ROCE % of -4.01% as of Mar. 2026.
Is Titas Gas Transmission and Distribution's ROCE % too high?
Titas Gas Transmission and Distribution's current ROCE % is -4.01%. Overall, Titas Gas Transmission and Distribution has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Titas Gas Transmission and Distribution's ROCE % compare to ATO and NI?
Titas Gas Transmission and Distribution's ROCE % of -4.01% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.91. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.91, based on 504 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 Utilities - Regulated industry, the median ROCE % is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titas Gas Transmission and Distribution's current ROCE % is -4.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titas Gas Transmission and Distribution stock overvalued right now?
Based on GuruFocus' analysis, Titas Gas Transmission and Distribution (DHA:TITASGAS) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT23.36, compared to a current price of BDT17.80 — trading 23.8% below its estimated fair value. The current ROCE % is -4.01%. Titas Gas Transmission and Distribution's overall GF Score™ is 68/100 with 7 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 Titas Gas Transmission and Distribution (DHA:TITASGAS), the current ROCE % is -4.01% 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 Titas Gas Transmission and Distribution (DHA:TITASGAS) Overvalued in 2026?

Based on GuruFocus' analysis, Titas Gas Transmission and Distribution stock appears to be undervalued. The current stock price of BDT17.80 is trading 23.8% below its estimated GF Value™ of BDT23.36. GuruFocus considers Titas Gas Transmission and Distribution to be Modestly Undervalued.

Key valuation signals for DHA:TITASGAS:

  • ROCE %: -4.01%
  • GF Value™: BDT23.36 vs. price of BDT17.80 (23.8% below fair value)
  • GF Score™: 68/100 with 7 warning signs

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


Titas Gas Transmission and Distribution Business Description

Address 105, Kazi Nazrul Islam Avenue, Titas Gas Bhaban, Kawran Bazar Commerial Area, Dhaka, BGD, 1215
Titas Gas Transmission and Distribution PLC is principally engaged in the business of natural gas distribution. The company aims to transmit natural gas from the gas fields to different areas to distribute the same to the consumers in power, fertilizer, industrial, commercial, captive power, feed gas for CNG, and domestic categories within its franchise areas, viz. greater Dhaka & Mymensingh districts. The company supplies gas to power stations, fertilizer factories, industries, commercial users, captive power plants, compressed natural gas stations, and households through an extensive pipeline network.
68GF Score

Get the complete analysis for DHA:TITASGAS

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

BDT17.80
Price
BDT23.36
GF Value