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Meghna PetroleumDHA:MPETROLEUM -0.05%84 Return-on-Tangible-Asset is 4.84% as of Mar. 2026, which is 11% above its 10-year median of 4.36. GuruFocus rates DHA:MPETROLEUM with a GF Score™ of 84/100 and a GF Value™ of BDT174.96 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,025 Oil & Gas companies, Meghna Petroleum ranks better than 73.07% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Meghna Petroleum's annualizedNet Income for the quarter that ended in Mar. 2026 was BDT5,591 Mil. Meghna Petroleum's average total tangible assets for the quarter that ended in Mar. 2026 was BDT115,520 Mil. Therefore, Meghna Petroleum's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.84%.
The historical rank and industry rank for Meghna Petroleum's Return-on-Tangible-Asset or its related term are showing as below:
DHA:MPETROLEUM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.85 Med: 4.36 Max: 6.37
Current: 6.13
During the past 13 years, Meghna Petroleum's highest Return-on-Tangible-Asset was 6.37%. The lowest was 2.85%. And the median was 4.36%.
DHA:MPETROLEUM's Return-on-Tangible-Asset is ranked better than 73.07% of 1025
companies
in the Oil & Gas industry
Industry Median: 2.09
vs DHA:MPETROLEUM: 6.13
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Meghna Petroleum Return-on-Tangible-Asset Related Terms
Meghna Petroleum Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Meghna Petroleum's Return-on-Tangible-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.
DHA:MPETROLEUM vs VLO, MPC, PSX: Return-on-Tangible-Asset Comparison
For the Oil & Gas Refining & Marketing subindustry, Meghna Petroleum's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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.
Meghna Petroleum Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Meghna Petroleum's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Meghna Petroleum's Return-on-Tangible-Asset falls into.
* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets 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.
What does a Return-on-Tangible-Asset of 4.84% mean?
Meghna Petroleum (DHA:MPETROLEUM) has a Return-on-Tangible-Asset of 4.84% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Meghna Petroleum and its competitors. This is 11% above median its historical median of 4.36. Over the past decade, Meghna Petroleum's Return-on-Tangible-Asset has ranged from 2.85 to 6.37. According to the industry distribution chart, Meghna Petroleum ranks #276 out of 1025 companies in the Oil & Gas industry, placing it in the top 26.9%.
Is Meghna Petroleum's Return-on-Tangible-Asset too high?
Meghna Petroleum's current Return-on-Tangible-Asset of 4.84% is 11% above median its 10-year median of 4.36. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 6.37. The Oil & Gas industry median Return-on-Tangible-Asset is 2.09. Meghna Petroleum's value of 4.84% is 131.6% above this industry median. Based on the distribution chart, Meghna Petroleum ranks #276 out of 1025 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Meghna Petroleum has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meghna Petroleum's Return-on-Tangible-Asset compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Meghna Petroleum ranks #276 out of 1025 companies for Return-on-Tangible-Asset. This puts Meghna Petroleum in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.09. Meghna Petroleum's value of 4.84% is 131.6% above this benchmark. Historically, Meghna Petroleum's own Return-on-Tangible-Asset has ranged from 2.85 to 6.37 over the past decade. While the company's 10-year median is 4.36 vs. the industry median of 2.09, Meghna Petroleum 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 Return-on-Tangible-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.09, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meghna Petroleum's current Return-on-Tangible-Asset of 4.84% is 131.6% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Meghna Petroleum and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meghna Petroleum's current Return-on-Tangible-Asset is 4.84%, which is 11% above median its own 10-year median of 4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meghna Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Meghna Petroleum (DHA:MPETROLEUM) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT174.96, compared to a current price of BDT215.60 — trading 23.2% above its estimated fair value. The current Return-on-Tangible-Asset is 4.84%, which is 11% above median its 10-year median of 4.36 and 131.6% above the Oil & Gas industry median of 2.09. Meghna Petroleum's overall GF Score™ is 84/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Meghna Petroleum (DHA:MPETROLEUM), the current Return-on-Tangible-Asset is 4.84% 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 Meghna Petroleum (DHA:MPETROLEUM) Overvalued in 2026?
Based on GuruFocus' analysis, Meghna Petroleum stock appears to be overvalued.
The current stock price of BDT215.60 is trading 23.2% above its estimated GF Value™ of BDT174.96.
GuruFocus considers Meghna Petroleum to be Modestly Overvalued.
Key valuation signals for DHA:MPETROLEUM:
Return-on-Tangible-Asset: 4.84% (11% above median its 10-year median of 4.36)
GF Value™: BDT174.96 vs. price of BDT215.60 (23.2% above fair value)
Industry Position: 131.6% above the Oil & Gas median (#276 of 1025)
No single metric tells the full story. See the DHA:MPETROLEUM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meghna Petroleum Ltd is engaged in the business of petroleum oil and related products. The company is involved in the procurement, storage, and marketing of petroleum products, lubricants, oil and grease, bitumen, liquefied petroleum gas, and battery water in Bangladesh. The business has two reportable segments. The Petroleum Products segment includes the company's earnings from the marketing of petroleum products, bitumen, and LPG. The Lubricating Oil & Grease Operations segment includes the company's income from the trading of lubricating oil and grease of BP and Castrol brands. The majority of revenue comes from the Petroleum Products segment.
84GF Score
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