Western Marine Shipyard (DHA:WMSHIPYARD) ROCE %: 1.52% (As of Jun. 2025)

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DHA:WMSHIPYARD Western Marine Shipyard Ltd DHA:WMSHIPYARD
71 GF Score
Price BDT9.70
GF Value BDT13.10
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Western Marine Shipyard ROCE %?

Western Marine Shipyard DHA:WMSHIPYARD -2.02% 71 ROCE % is 1.52% as of Jun. 2025. GuruFocus rates DHA:WMSHIPYARD with a GF Score™ of 71/100 and a GF Value™ of BDT13.10 (Modestly Undervalued). The stock has 8 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. Western Marine Shipyard's annualized ROCE % for the quarter that ended in Jun. 2025 was 1.52%.

Western Marine Shipyard  (DHA:WMSHIPYARD) 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.

Western Marine Shipyard ROCE % Related Terms

Western Marine Shipyard ROCE % Historical Data

* Premium members only.

The historical data trend for Western Marine Shipyard'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.

Western Marine Shipyard ROCE % Chart

Western Marine Shipyard 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 1.45 1.32 1.46 1.50 1.52

Western Marine Shipyard Semi-Annual Data
Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.45 1.32 1.46 1.50 1.52
DHA:WMSHIPYARD
71GF Score
Western Marine Shipyard Ltd DHA:WMSHIPYARD
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Marine Shipyard ROCE % Calculation

Western Marine Shipyard'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 )
=393.595/( ( (26714.756 - 1314.987) + (27832.609 - 1524.668) )/ 2 )
=393.595/( (25399.769+26307.941)/ 2 )
=393.595/25853.855
=1.52 %

Western Marine Shipyard's ROCE % of for the quarter that ended in Jun. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2025 )  (Q: Jun. 2024 )(Q: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2025 )  (Q: Jun. 2024 )(Q: Jun. 2025 )
=393.595/( ( (26714.756 - 1314.987) + (27832.609 - 1524.668) )/ 2 )
=393.595/( ( 25399.769 + 26307.941 )/ 2 )
=393.595/25853.855
=1.52 %

(1) Note: The EBIT data used here is one times the annual (Jun. 2025) 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 1.52% mean?
Western Marine Shipyard (DHA:WMSHIPYARD) has a ROCE % of 1.52% as of Jun. 2025.
Is Western Marine Shipyard's ROCE % too high?
Western Marine Shipyard's current ROCE % is 1.52%. The Aerospace & Defense industry median ROCE % is 6.66. Western Marine Shipyard's value of 1.52% is 77.2% below this industry median. Overall, Western Marine Shipyard has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Marine Shipyard's ROCE % compare to SPCX and GE?
Western Marine Shipyard's ROCE % of 1.52% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.66. Western Marine Shipyard's value of 1.52% is 77.2% below 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 an Aerospace & Defense company?
The median ROCE % among Aerospace & Defense companies is 6.66, based on 352 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. Western Marine Shipyard's current ROCE % of 1.52% is 77.2% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median ROCE % is 6.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Marine Shipyard's current ROCE % is 1.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Marine Shipyard stock overvalued right now?
Based on GuruFocus' analysis, Western Marine Shipyard (DHA:WMSHIPYARD) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT13.10, compared to a current price of BDT9.70 — trading 26% below its estimated fair value. The current ROCE % is 1.52% and 77.2% below the Aerospace & Defense industry median of 6.66. Western Marine Shipyard's overall GF Score™ is 71/100 with 8 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 Western Marine Shipyard (DHA:WMSHIPYARD), the current ROCE % is 1.52% as of Jun. 2025. 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 Western Marine Shipyard (DHA:WMSHIPYARD) Overvalued in 2026?

Based on GuruFocus' analysis, Western Marine Shipyard stock appears to be undervalued. The current stock price of BDT9.70 is trading 26% below its estimated GF Value™ of BDT13.10. GuruFocus considers Western Marine Shipyard to be Modestly Undervalued.

Key valuation signals for DHA:WMSHIPYARD:

  • ROCE %: 1.52%
  • GF Value™: BDT13.10 vs. price of BDT9.70 (26% below fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 77.2% below the Aerospace & Defense median

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

Western Marine Shipyard Business Description

Address 1140/A-8 Strand Road, Amin Future Park, 7th Floor, Chattogram, BGD
Western Marine Shipyard Ltd is a public limited company engaged in shipbuilding and related marine engineering activities and operates as an export-oriented shipyard in Bangladesh. The Company specializes in the construction of various vessels, including multi-purpose cargo ships, inland container vessels, inland tankers, passenger ships, Ro-Ro ferries, port utility vessels, tugs, offshore petroleum vessels, fishing trawlers, barges, dredgers, and landing crafts. Its activities mainly comprise new shipbuilding for domestic use and for export markets, supported by in-house ship design facilities and shipyard operations. The Company operates in Bangladesh and has exported vessels to countries such as Germany, Norway, Ecuador, New Zealand, and Kenya, as well as serving domestic clients.
71GF Score

Get the complete analysis for DHA:WMSHIPYARD

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

BDT9.70
Price
BDT13.10
GF Value