Mutual Trust Bank (DHA:MTB) Mohanram G-Score: 5 (As of Mar. 2026) — 67% Above Median


DHA:MTB Mutual Trust Bank PLC DHA:MTB
85 GF Score
Price BDT13.60
GF Value BDT11.61
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Mutual Trust Bank Mohanram G-Score?

Mutual Trust Bank DHA:MTB +3.03% 85 Mohanram G-Score is 5 as of Mar. 2026, which is 67% above its 10-year median of 3.00. GuruFocus rates DHA:MTB with a GF Score™ of 85/100 and a GF Value™ of BDT11.61 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Mohanram G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. Companies have higher G-score tends to generate higher return. According to his study, the best growth stocks that have a G-Score greater than 6 tend to beat the market, while those with a G-Score lower than 1 tend to have negative absolute returns.

Thus, the zones of discrimination were as such:

Good or high score = 6, 7, 8
Bad or low score = 0, 1

Mutual Trust Bank has an G-score of 5.

The historical rank and industry rank for Mutual Trust Bank's Mohanram G-Score or its related term are showing as below:

DHA:MTB' s Mohanram G-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 5
Current: 5

During the past 13 years, the highest Piotroski G-score of Mutual Trust Bank was 5. The lowest was 1. And the median was 3.

Mutual Trust Bank  (DHA:MTB) Mohanram G-Score Explanation

Partha Mohanram is the John H. Watson Chair in Value Investing at Rotman and the Acting Vice-Dean of Research Strategy and Resources.

In 2000, he wrote a research paper called "Separating Winners from Losers Among Low Book-to-Market Stocks Using Financial Statement Analysis".

This paper tests whether a strategy based on financial statement analysis of low book-to-market (growth) stocks is successful in differentiating between winners and losers in terms of future stock performance. Based on the research, a strategy based on buying high G-score (6, 7 or 8) firms and shorting low G-score (0 or 1) firms consistently earns significant excess returns. Further, the results do not support a risk based explanation for the book-to-market effect as the strategy returns positive returns in all years, and firms that ex-ante appear less risky have better future returns.

To conclude, one can use a modified fundamental analysis strategy (G-score) to identify mispricing and earn substantial abnormal returns.


Mutual Trust Bank Mohanram G-Score Related Terms


Mutual Trust Bank Mohanram G-Score Historical Data

* Premium members only.

The historical data trend for Mutual Trust Bank's Mohanram G-Score 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.

Mutual Trust Bank Mohanram G-Score Chart

Mutual Trust Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Mohanram G-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 3.00 2.00 4.00 5.00

Mutual Trust Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Mohanram G-Score 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 3.00 4.00 5.00 5.00 5.00

Mutual Trust Bank Mohanram G-Score Competitor Comparison

For the Banks - Regional subindustry, Mutual Trust Bank's Mohanram G-Score, along with its competitors' market caps and Mohanram G-Score 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.


Mutual Trust Bank Mohanram G-Score vs Banks Industry

For the Banks industry and Financial Services sector, Mutual Trust Bank's Mohanram G-Score distribution charts can be found below:

* The bar in red indicates where Mutual Trust Bank's Mohanram G-Score falls into.


DHA:MTB
85GF Score
Mutual Trust Bank PLC DHA:MTB
Mohanram G-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Mutual Trust Bank Mohanram G-Score Calculation

The calculation of the Mohanram G-score consists of eight criteria. Assign one point for each criterion met, then add up all the points to get the G-Score.

Profitability

Question 1. Return on Assets (ROA)

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. It measures how well a company uses its asset to generate earnings.

Score 1 if ROA > ROA Industry Median, 0 otherwise.

Question 2. Cash ROA

Cash ROA equals to Cash Flow from Operations divided by average Total Assets. It measures how well a company uses its asset to generate cash.

Score 1 if Cash ROA > Cash ROA Industry Median, 0 otherwise.

Question 3. CFO and Net Income

Score 1 if CFO > Net Income, 0 otherwise.

Earnings Predictability

Question 4. Earnings Variability

Earnings Variability is measured as the variance of a firm's ROA in the past five years.

Score 1 if Earnings Variability < Earnings Variability Industry Median, 0 otherwise.

Question 5. Sales Growth Variability

Sales Growth Variability is measured as the 5-year variance in sales growth.

Score 1 if Sales Growth Variability < Sales Growth Variability Industry Median, 0 otherwise.

Accounting Conservatism

Question 6. Research & Development Intensity

Research & Development Intensity is calcualted by Research & Development divided by the beginning Total Assets.

Score 1 if Research & Development Intensity > Research & Development Intensity Industry Median, 0 otherwise.

Question 7. CAPEX Intensity

CAPEX Intensity is calcualted by Capital Expenditure divided by the beginning Total Assets.

Score 1 if CAPEX Intensity > CAPEX Intensity Industry Median, 0 otherwise.

Question 8. Advertising Expenditure Intensity

Advertising Expenditure Intensity is calcualted by Advertising Expenditure divided by the beginning Total Assets. Note that Advertising Expenditure is not reported as a seperate line item for many companies, thus Selling, General, & Admin. Expense is used in this calculation.

Score 1 if Advertising Expenditure Intensity > Advertising Expenditure Intensity Industry Median, 0 otherwise.

* 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.

* Note that all the Industry Median used for comparison in his original research, are substituted with Sector Median due to the limitation of data within certain countries.

Good or high score = 6, 7, 8
Bad or low score = 0, 1

Mutual Trust Bank has an G-score of 5.

Frequently Asked Questions Learn more about Mohanram G-Score →
What does a Mohanram G-Score of 5 mean?
Mutual Trust Bank (DHA:MTB) has a Mohanram G-Score of 5 as of Mar. 2026. G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. View historical data on Mutual Trust Bank and its competitors. This is 67% above median its historical median of 3.00. Over the past decade, Mutual Trust Bank's Mohanram G-Score has ranged from 1.00 to 5.00.
Is Mutual Trust Bank's Mohanram G-Score too high?
Mutual Trust Bank's current Mohanram G-Score of 5 is 67% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 5.00. Overall, Mutual Trust Bank has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mutual Trust Bank's Mohanram G-Score compare to competitors?
Mutual Trust Bank's Mohanram G-Score of 5 can be compared against companies in the Banks industry. Historically, Mutual Trust Bank's own Mohanram G-Score has ranged from 1.00 to 5.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Mohanram G-Score for a Banks company?
A good Mohanram G-Score depends on the Banks industry context. However, Mohanram G-Score 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 Mohanram G-Score mean?
A high Mohanram G-Score can signal that a stock is expensive relative to its fundamentals. G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. View historical data on Mutual Trust Bank and its competitors. Mutual Trust Bank's current Mohanram G-Score is 5, which is 67% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mutual Trust Bank stock overvalued right now?
Based on GuruFocus' analysis, Mutual Trust Bank (DHA:MTB) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT11.61, compared to a current price of BDT13.60 — trading 17.1% above its estimated fair value. The current Mohanram G-Score is 5, which is 67% above median its 10-year median of 3.00. Mutual Trust Bank's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Mohanram G-Score calculated?
Mohanram G-Score is calculated from a company's financial statements. For Mutual Trust Bank (DHA:MTB), the current Mohanram G-Score is 5 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 Mutual Trust Bank (DHA:MTB) Overvalued in 2026?

Based on GuruFocus' analysis, Mutual Trust Bank stock appears to be overvalued. The current stock price of BDT13.60 is trading 17.1% above its estimated GF Value™ of BDT11.61. GuruFocus considers Mutual Trust Bank to be Modestly Overvalued.

Key valuation signals for DHA:MTB:

  • Mohanram G-Score: 5 (67% above median its 10-year median of 3.00)
  • GF Value™: BDT11.61 vs. price of BDT13.60 (17.1% above fair value)
  • GF Score™: 85/100 with 6 warning signs

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


Mutual Trust Bank Business Description

Address 26 Gulshan Avenue, Gulshan 1, MTB Centre, Dhaka, BGD, 1212
Mutual Trust Bank PLC is a company that engages in the provision of various commercial banking and related services. Its products and services include savings and current accounts, and fixed deposits; personal, auto, home, home equity, and professional's loan products; overdraft facilities; credit cards; and locker services. The company's reportable segments include DBO (Domestic Banking Operation), OBU (Offshore Banking Unit), MTB Securities Limited, and MTB Capital Limited.
85GF Score

Get the complete analysis for DHA:MTB

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

BDT13.60
Price
BDT11.61
GF Value