Hamid Fabrics (DHA:HFL) ROE %: -12.26% (As of Sep. 2024)

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DHA:HFL Hamid Fabrics PLC DHA:HFL
10 GF Score
Price BDT15.30
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What is Hamid Fabrics ROE %?

Hamid Fabrics DHA:HFL -0.65% 10 ROE % is -12.26% as of Sep. 2024. GuruFocus rates DHA:HFL with a GF Score™ of 10/100.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hamid Fabrics's annualized net income for the quarter that ended in Sep. 2024 was BDT-386 Mil. Hamid Fabrics's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was BDT3,151 Mil. Therefore, Hamid Fabrics's annualized ROE % for the quarter that ended in Sep. 2024 was -12.26%.

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

DHA:HFL's ROE % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 4.04
* Ranked among companies with meaningful ROE % only.

Hamid Fabrics  (DHA:HFL) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-386.268/3150.8555
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-386.268 / 995.116)*(995.116 / 5226.45)*(5226.45 / 3150.8555)
=Net Margin %*Asset Turnover*Equity Multiplier
=-38.82 %*0.1904*1.6587
=ROA %*Equity Multiplier
=-7.39 %*1.6587
=-12.26 %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-386.268/3150.8555
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-386.268 / -373.996) * (-373.996 / -163.8) * (-163.8 / 995.116) * (995.116 / 5226.45) * (5226.45 / 3150.8555)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0328 * 2.2832 * -16.46 % * 0.1904 * 1.6587
=-12.26 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


Hamid Fabrics ROE % Related Terms


Hamid Fabrics ROE % Historical Data

* Premium members only.

The historical data trend for Hamid Fabrics'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.

Hamid Fabrics ROE % Chart

Hamid Fabrics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.14 1.04 -4.52 1.76 0.49

Hamid Fabrics Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 -1.38 1.16 -3.41 -7.09 -12.26

Hamid Fabrics ROE % Competitor Comparison

For the Textile Manufacturing subindustry, Hamid Fabrics'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.


Hamid Fabrics ROE % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hamid Fabrics's ROE % distribution charts can be found below:

* The bar in red indicates where Hamid Fabrics's ROE % falls into.


DHA:HFL
10GF Score
Hamid Fabrics PLC DHA:HFL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hamid Fabrics ROE % Calculation

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

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=17.042/( (3480.073+3434.02)/ 2 )
=17.042/3457.0465
=0.49 %

Hamid Fabrics's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Mar. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=-386.268/( (3332.865+2968.846)/ 2 )
=-386.268/3150.8555
=-12.26 %

* 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 (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -12.26% mean?
Hamid Fabrics (DHA:HFL) has a ROE % of -12.26% as of Sep. 2024. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Hamid Fabrics and its competitors.
Is Hamid Fabrics' ROE % too high?
Hamid Fabrics' current ROE % is -12.26%. Overall, Hamid Fabrics has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Hamid Fabrics' ROE % compare to competitors?
Hamid Fabrics' ROE % of -12.26% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROE % is 4.04. 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,024 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. 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 Hamid Fabrics and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hamid Fabrics's current ROE % is -12.26%. 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 ROE % of -12.26%. The current ROE % is -12.26%. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Hamid Fabrics (DHA:HFL), the current ROE % is -12.26% 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.
10GF Score

Get the complete analysis for DHA:HFL

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

BDT15.30
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