BSRM Steels (DHA:BSRMSTEEL) ROE %: 27.06% (As of Mar. 2026) — 101% Above Median


DHA:BSRMSTEEL BSRM Steels Ltd DHA:BSRMSTEEL
89 GF Score
Price BDT90.10
GF Value BDT88.77
Valuation Fairly Valued
! 8 Warning Signs
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What is BSRM Steels ROE %?

BSRM Steels DHA:BSRMSTEEL +1.35% 89 ROE % is 27.06% as of Mar. 2026, which is 101% above its 10-year median of 13.44. GuruFocus rates DHA:BSRMSTEEL with a GF Score™ of 89/100 and a GF Value™ of BDT88.77 (Fairly Valued). The stock has 8 warning signs investors should review. Among 619 Steel companies, BSRM Steels ranks better than 91.28% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BSRM Steels's annualized net income for the quarter that ended in Mar. 2026 was BDT9,556 Mil. BSRM Steels's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was BDT35,309 Mil. Therefore, BSRM Steels's annualized ROE % for the quarter that ended in Mar. 2026 was 27.06%.

The historical rank and industry rank for BSRM Steels's ROE % or its related term are showing as below:

DHA:BSRMSTEEL' s ROE % Range Over the Past 10 Years
Min: 3.51   Med: 13.44   Max: 22.16
Current: 17.62

During the past 13 years, BSRM Steels's highest ROE % was 22.16%. The lowest was 3.51%. And the median was 13.44%.

DHA:BSRMSTEEL's ROE % is ranked better than
91.28% of 619 companies
in the Steel industry
Industry Median: 3.7 vs DHA:BSRMSTEEL: 17.62

BSRM Steels  (DHA:BSRMSTEEL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=9556.096/35309.0285
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9556.096 / 165004.672)*(165004.672 / 92146.121)*(92146.121 / 35309.0285)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.79 %*1.7907*2.6097
=ROA %*Equity Multiplier
=10.37 %*2.6097
=27.06 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=9556.096/35309.0285
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (9556.096 / 12689.216) * (12689.216 / 15371.108) * (15371.108 / 165004.672) * (165004.672 / 92146.121) * (92146.121 / 35309.0285)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7531 * 0.8255 * 9.32 % * 1.7907 * 2.6097
=27.06 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


BSRM Steels ROE % Related Terms


BSRM Steels ROE % Historical Data

* Premium members only.

The historical data trend for BSRM Steels's ROE % 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.

BSRM Steels ROE % Chart

BSRM Steels Annual Data
Trend Dec15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.60 13.28 11.14 13.09 16.06

BSRM Steels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 21.31 21.08 11.27 11.03 27.06

DHA:BSRMSTEEL vs NUE, STLD, RS: ROE % Comparison

For the Steel subindustry, BSRM Steels's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BSRM Steels ROE % vs Steel Industry

For the Steel industry and Basic Materials sector, BSRM Steels's ROE % distribution charts can be found below:

* The bar in red indicates where BSRM Steels's ROE % falls into.


DHA:BSRMSTEEL
89GF Score
BSRM Steels Ltd DHA:BSRMSTEEL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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BSRM Steels ROE % Calculation

BSRM Steels's annualized ROE % for the fiscal year that ended in Jun. 2025 is calculated as

ROE %=Net Income (A: Jun. 2025 )/( (Total Stockholders Equity (A: Jun. 2024 )+Total Stockholders Equity (A: Jun. 2025 ))/ count )
=5176.044/( (30427.577+34033.023)/ 2 )
=5176.044/32230.3
=16.06 %

BSRM Steels's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=9556.096/( (34015.955+36602.102)/ 2 )
=9556.096/35309.0285
=27.06 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 27.06% mean?
BSRM Steels (DHA:BSRMSTEEL) has a ROE % of 27.06% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on BSRM Steels and its competitors. This is 101% above median its historical median of 13.44. Over the past decade, BSRM Steels' ROE % has ranged from 3.51 to 22.16. According to the industry distribution chart, BSRM Steels ranks #54 out of 619 companies in the Steel industry, placing it in the top 8.7%.
Is BSRM Steels' ROE % too high?
BSRM Steels' current ROE % of 27.06% is 101% above median its 10-year median of 13.44. Over the past 10 years, this metric has ranged from a low of 3.51 to a high of 22.16. The Steel industry median ROE % is 3.70. BSRM Steels' value of 27.06% is 631.4% above this industry median. Based on the distribution chart, BSRM Steels ranks #54 out of 619 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, BSRM Steels has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BSRM Steels' ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, BSRM Steels ranks #54 out of 619 companies for ROE %. This places BSRM Steels in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 3.70. BSRM Steels' value of 27.06% is 631.4% above this benchmark. Historically, BSRM Steels' own ROE % has ranged from 3.51 to 22.16 over the past decade. While the company's 10-year median is 13.44 vs. the industry median of 3.70, BSRM Steels has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Steel company?
The median ROE % among Steel companies is 3.70, based on 619 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BSRM Steels's current ROE % of 27.06% is 631.4% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on BSRM Steels and its competitors. For the Steel industry, the median ROE % is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BSRM Steels's current ROE % is 27.06%, which is 101% above median its own 10-year median of 13.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BSRM Steels stock overvalued right now?
Based on GuruFocus' analysis, BSRM Steels (DHA:BSRMSTEEL) is currently considered Fairly Valued. The stock's GF Value™ is BDT88.77, compared to a current price of BDT90.10 — trading 1.5% above its estimated fair value. The current ROE % is 27.06%, which is 101% above median its 10-year median of 13.44 and 631.4% above the Steel industry median of 3.70. BSRM Steels' overall GF Score™ is 89/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For BSRM Steels (DHA:BSRMSTEEL), the current ROE % is 27.06% 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 BSRM Steels (DHA:BSRMSTEEL) Overvalued in 2026?

Based on GuruFocus' analysis, BSRM Steels stock appears to be overvalued. The current stock price of BDT90.10 is trading 1.5% above its estimated GF Value™ of BDT88.77. GuruFocus considers BSRM Steels to be Fairly Valued.

Key valuation signals for DHA:BSRMSTEEL:

  • ROE %: 27.06% (101% above median its 10-year median of 13.44)
  • GF Value™: BDT88.77 vs. price of BDT90.10 (1.5% above fair value)
  • GF Score™: 89/100 with 8 warning signs
  • Industry Position: 631.4% above the Steel median (#54 of 619)

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


BSRM Steels Business Description

Address Sadarghat Road, No. 1207/1099, Ali Mansion, Chattagong, BGD, 4100
BSRM Steels Ltd is a steel manufacturing company. The firm has two reportable segments namely M.S Rod and M.S Billets. The M.S Rod segment produces different graded Rod and sells the same to several dealers, end-users, other corporate users, Government projects, etc. The M.S Billets segment produces different graded Billets and uses them for the production of M.S Rod.
89GF Score

Get the complete analysis for DHA:BSRMSTEEL

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

BDT90.10
Price
BDT88.77
GF Value