Marico Bangladesh (DHA:MARICO) Equity-to-Asset: 0.49 (As of Jun. 2026) — 36% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:MARICO Marico Bangladesh Ltd DHA:MARICO
96 GF Score
Price BDT2,698.80
GF Value BDT3,258.72
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Marico Bangladesh Equity-to-Asset?

Marico Bangladesh DHA:MARICO 96 Equity-to-Asset is 0.49 as of Jun. 2026, which is 36% above its 10-year median of 0.36. GuruFocus rates DHA:MARICO with a GF Score™ of 96/100 and a GF Value™ of BDT3,258.72 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,012 Consumer Packaged Goods companies, Marico Bangladesh ranks worse than 57.06% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Marico Bangladesh's Total Stockholders Equity for the quarter that ended in Jun. 2026 was BDT4,603 Mil. Marico Bangladesh's Total Assets for the quarter that ended in Jun. 2026 was BDT9,447 Mil. Therefore, Marico Bangladesh's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.49.

The historical rank and industry rank for Marico Bangladesh's Equity-to-Asset or its related term are showing as below:

DHA:MARICO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.36   Max: 0.61
Current: 0.49

During the past 13 years, the highest Equity to Asset Ratio of Marico Bangladesh was 0.61. The lowest was 0.19. And the median was 0.36.

DHA:MARICO's Equity-to-Asset is ranked worse than
57.06% of 2012 companies
in the Consumer Packaged Goods industry
Industry Median: 0.55 vs DHA:MARICO: 0.49

Marico Bangladesh  (DHA:MARICO) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Marico Bangladesh Equity-to-Asset Related Terms


Marico Bangladesh Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Marico Bangladesh's Equity-to-Asset 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.

Marico Bangladesh Equity-to-Asset Chart

Marico Bangladesh Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.31 0.49 0.54 0.35

Marico Bangladesh Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset 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 0.37 0.34 0.35 0.35 0.49

DHA:MARICO vs PG, CL, EL: Equity-to-Asset Comparison

For the Household & Personal Products subindustry, Marico Bangladesh's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Marico Bangladesh Equity-to-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marico Bangladesh's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Marico Bangladesh's Equity-to-Asset falls into.


DHA:MARICO
96GF Score
Marico Bangladesh Ltd DHA:MARICO
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marico Bangladesh Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Marico Bangladesh's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=2898.714/8349.285
=0.35

Marico Bangladesh's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=4603.495/9446.826
=0.49

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.49 mean?
Marico Bangladesh (DHA:MARICO) has a Equity-to-Asset of 0.49 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Marico Bangladesh and its competitors. This is 36% above median its historical median of 0.36. Over the past decade, Marico Bangladesh's Equity-to-Asset has ranged from 0.19 to 0.61. According to the industry distribution chart, Marico Bangladesh ranks #1148 out of 2012 companies in the Consumer Packaged Goods industry, placing it in the top 57.1%.
Is Marico Bangladesh's Equity-to-Asset too high?
Marico Bangladesh's current Equity-to-Asset of 0.49 is 36% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.61. The Consumer Packaged Goods industry median Equity-to-Asset is 0.55. Marico Bangladesh's value of 0.49 is 10.9% below this industry median. Based on the distribution chart, Marico Bangladesh ranks #1148 out of 2012 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Marico Bangladesh has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marico Bangladesh's Equity-to-Asset compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Marico Bangladesh ranks #1148 out of 2012 companies for Equity-to-Asset. This places Marico Bangladesh in the lower half of its industry. The industry median Equity-to-Asset is 0.55. Marico Bangladesh's value of 0.49 is 10.9% below this benchmark. Historically, Marico Bangladesh's own Equity-to-Asset has ranged from 0.19 to 0.61 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.55, Marico Bangladesh has consistently been below 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 Equity-to-Asset for a Consumer Packaged Goods company?
The median Equity-to-Asset among Consumer Packaged Goods companies is 0.55, based on 2,012 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marico Bangladesh's current Equity-to-Asset of 0.49 is 10.9% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Marico Bangladesh and its competitors. For the Consumer Packaged Goods industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marico Bangladesh's current Equity-to-Asset is 0.49, which is 36% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marico Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, Marico Bangladesh (DHA:MARICO) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT3,258.72, compared to a current price of BDT2,698.80 — trading 17.2% below its estimated fair value. The current Equity-to-Asset is 0.49, which is 36% above median its 10-year median of 0.36 and 10.9% below the Consumer Packaged Goods industry median of 0.55. Marico Bangladesh's overall GF Score™ is 96/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Marico Bangladesh (DHA:MARICO), the current Equity-to-Asset is 0.49 as of Jun. 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 Marico Bangladesh (DHA:MARICO) Overvalued in 2026?

Based on GuruFocus' analysis, Marico Bangladesh stock appears to be undervalued. The current stock price of BDT2,698.80 is trading 17.2% below its estimated GF Value™ of BDT3,258.72. GuruFocus considers Marico Bangladesh to be Modestly Undervalued.

Key valuation signals for DHA:MARICO:

  • Equity-to-Asset: 0.49 (36% above median its 10-year median of 0.36)
  • GF Value™: BDT3,258.72 vs. price of BDT2,698.80 (17.2% below fair value)
  • GF Score™: 96/100 with 6 warning signs
  • Industry Position: 10.9% below the Consumer Packaged Goods median (#1148 of 2012)

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


Marico Bangladesh Business Description

Address Gulshan Avenue, The Glass House, Level-06, Plot. 02, Block. SE (B), Dhaka, BGD, 1212
Marico Bangladesh Ltd is engaged in the manufacturing and marketing of various fast-moving consumer goods in Bangladesh. The company provides products like Hair dye, Baby care, Male grooming, Skincare, and Hair serum products, among others. Its product portfolio include brands like Parachute, Parachute Advansed, Just For Baby, Nihar, Parachute SkinPure, Parachute Naturale, Saffola Active, HairCode, and Livon. The company generates its revenue from products like Parachute coconut oil, value-added hair oil, color products, and others, with the majority of revenue coming from Parachute coconut oil.
96GF Score

Get the complete analysis for DHA:MARICO

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

BDT2,698.80
Price
BDT3,258.72
GF Value