Marico Bangladesh (DHA:MARICO) Return-on-Tangible-Equity: 208.95% (As of Mar. 2026) — 68% Above Median


DHA:MARICO Marico Bangladesh Ltd DHA:MARICO
100 GF Score
Price BDT2,727.80
GF Value BDT3,282.79
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Marico Bangladesh Return-on-Tangible-Equity?

Marico Bangladesh DHA:MARICO +0.27% 100 Return-on-Tangible-Equity is 208.95% as of Mar. 2026, which is 68% above its 10-year median of 124.04. GuruFocus rates DHA:MARICO with a GF Score™ of 100/100 and a GF Value™ of BDT3,282.79 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,871 Consumer Packaged Goods companies, Marico Bangladesh ranks better than 95.94% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Marico Bangladesh's annualized net income for the quarter that ended in Mar. 2026 was BDT6,048 Mil. Marico Bangladesh's average shareholder tangible equity for the quarter that ended in Mar. 2026 was BDT2,894 Mil. Therefore, Marico Bangladesh's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 208.95%.

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

DHA:MARICO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 75.07   Med: 124.04   Max: 205.71
Current: 165.48

During the past 13 years, Marico Bangladesh's highest Return-on-Tangible-Equity was 205.71%. The lowest was 75.07%. And the median was 124.04%.

DHA:MARICO's Return-on-Tangible-Equity is ranked better than
95.94% of 1871 companies
in the Consumer Packaged Goods industry
Industry Median: 7.71 vs DHA:MARICO: 165.48

Marico Bangladesh  (DHA:MARICO) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Marico Bangladesh Return-on-Tangible-Equity Related Terms


Marico Bangladesh Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Marico Bangladesh's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

Marico Bangladesh Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 164.33 123.43 78.10 75.07 124.64

Marico Bangladesh Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity 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 69.72 143.43 194.99 204.18 208.95

DHA:MARICO vs PG, CL, KVUE: Return-on-Tangible-Equity Comparison

For the Household & Personal Products subindustry, Marico Bangladesh's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Marico Bangladesh's Return-on-Tangible-Equity falls into.


DHA:MARICO
100GF Score
Marico Bangladesh Ltd DHA:MARICO
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marico Bangladesh Return-on-Tangible-Equity Calculation

Marico Bangladesh's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=6491.788/( (7525.004+2891.638 )/ 2 )
=6491.788/5208.321
=124.64 %

Marico Bangladesh's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=6048.144/( (2897.359+2891.638)/ 2 )
=6048.144/2894.4985
=208.95 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 208.95% mean?
Marico Bangladesh (DHA:MARICO) has a Return-on-Tangible-Equity of 208.95% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Marico Bangladesh and its competitors. This is 68% above median its historical median of 124.04. Over the past decade, Marico Bangladesh's Return-on-Tangible-Equity has ranged from 75.07 to 205.71. According to the industry distribution chart, Marico Bangladesh ranks #76 out of 1871 companies in the Consumer Packaged Goods industry, placing it in the top 4.1%.
Is Marico Bangladesh's Return-on-Tangible-Equity too high?
Marico Bangladesh's current Return-on-Tangible-Equity of 208.95% is 68% above median its 10-year median of 124.04. Over the past 10 years, this metric has ranged from a low of 75.07 to a high of 205.71. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.71. Marico Bangladesh's value of 208.95% is 2610.1% above this industry median. Based on the distribution chart, Marico Bangladesh ranks #76 out of 1871 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Marico Bangladesh has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marico Bangladesh's Return-on-Tangible-Equity compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Marico Bangladesh ranks #76 out of 1871 companies for Return-on-Tangible-Equity. This places Marico Bangladesh in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.71. Marico Bangladesh's value of 208.95% is 2610.1% above this benchmark. Historically, Marico Bangladesh's own Return-on-Tangible-Equity has ranged from 75.07 to 205.71 over the past decade. While the company's 10-year median is 124.04 vs. the industry median of 7.71, Marico Bangladesh 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-Equity for a Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.71, based on 1,871 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marico Bangladesh's current Return-on-Tangible-Equity of 208.95% is 2610.1% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Marico Bangladesh and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marico Bangladesh's current Return-on-Tangible-Equity is 208.95%, which is 68% above median its own 10-year median of 124.04. 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 BDT3,282.79, compared to a current price of BDT2,727.80 — trading 16.9% below its estimated fair value. The current Return-on-Tangible-Equity is 208.95%, which is 68% above median its 10-year median of 124.04 and 2610.1% above the Consumer Packaged Goods industry median of 7.71. Marico Bangladesh's overall GF Score™ is 100/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Marico Bangladesh (DHA:MARICO), the current Return-on-Tangible-Equity is 208.95% 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 Marico Bangladesh (DHA:MARICO) Overvalued in 2026?

Based on GuruFocus' analysis, Marico Bangladesh stock appears to be undervalued. The current stock price of BDT2,727.80 is trading 16.9% below its estimated GF Value™ of BDT3,282.79. GuruFocus considers Marico Bangladesh to be Modestly Undervalued.

Key valuation signals for DHA:MARICO:

  • Return-on-Tangible-Equity: 208.95% (68% above median its 10-year median of 124.04)
  • GF Value™: BDT3,282.79 vs. price of BDT2,727.80 (16.9% below fair value)
  • GF Score™: 100/100 with 7 warning signs
  • Industry Position: 2610.1% above the Consumer Packaged Goods median (#76 of 1871)

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.
100GF Score

Get the complete analysis for DHA:MARICO

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

BDT2,727.80
Price
BDT3,282.79
GF Value