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Meghna PetroleumDHA:MPETROLEUM -0.19%85 Return-on-Tangible-Equity is 17.60% as of Mar. 2026, which is 22% below its 10-year median of 22.55. GuruFocus rates DHA:MPETROLEUM with a GF Score™ of 85/100 and a GF Value™ of BDT174.53 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 942 Oil & Gas companies, Meghna Petroleum ranks better than 82.27% 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. Meghna Petroleum's annualized net income for the quarter that ended in Mar. 2026 was BDT5,591 Mil. Meghna Petroleum's average shareholder tangible equity for the quarter that ended in Mar. 2026 was BDT31,768 Mil. Therefore, Meghna Petroleum's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.60%.
The historical rank and industry rank for Meghna Petroleum's Return-on-Tangible-Equity or its related term are showing as below:
DHA:MPETROLEUM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.92 Med: 22.55 Max: 32.55
Current: 22.94
During the past 13 years, Meghna Petroleum's highest Return-on-Tangible-Equity was 32.55%. The lowest was 16.92%. And the median was 22.55%.
DHA:MPETROLEUM's Return-on-Tangible-Equity is ranked better than 82.27% of 942
companies
in the Oil & Gas industry
Industry Median: 6.77
vs DHA:MPETROLEUM: 22.94
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.
Meghna Petroleum Return-on-Tangible-Equity Related Terms
Meghna Petroleum Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Meghna Petroleum'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.
DHA:MPETROLEUM vs VLO, MPC, PSX: Return-on-Tangible-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, Meghna Petroleum'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.
Meghna Petroleum Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Meghna Petroleum's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Meghna Petroleum's Return-on-Tangible-Equity 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-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 17.60% mean?
Meghna Petroleum (DHA:MPETROLEUM) has a Return-on-Tangible-Equity of 17.60% 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 Meghna Petroleum and its competitors. This is 22% below median its historical median of 22.55. Over the past decade, Meghna Petroleum's Return-on-Tangible-Equity has ranged from 16.92 to 32.55. According to the industry distribution chart, Meghna Petroleum ranks #167 out of 942 companies in the Oil & Gas industry, placing it in the top 17.7%.
Is Meghna Petroleum's Return-on-Tangible-Equity too high?
Meghna Petroleum's current Return-on-Tangible-Equity of 17.60% is 22% below median its 10-year median of 22.55. Over the past 10 years, this metric has ranged from a low of 16.92 to a high of 32.55. The Oil & Gas industry median Return-on-Tangible-Equity is 6.77. Meghna Petroleum's value of 17.60% is 160% above this industry median. Based on the distribution chart, Meghna Petroleum ranks #167 out of 942 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Meghna Petroleum has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meghna Petroleum's Return-on-Tangible-Equity compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Meghna Petroleum ranks #167 out of 942 companies for Return-on-Tangible-Equity. This places Meghna Petroleum in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.77. Meghna Petroleum's value of 17.60% is 160% above this benchmark. Historically, Meghna Petroleum's own Return-on-Tangible-Equity has ranged from 16.92 to 32.55 over the past decade. While the company's 10-year median is 22.55 vs. the industry median of 6.77, 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-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.77, based on 942 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. Meghna Petroleum's current Return-on-Tangible-Equity of 17.60% is 160% 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 Meghna Petroleum and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meghna Petroleum's current Return-on-Tangible-Equity is 17.60%, which is 22% below median its own 10-year median of 22.55. 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 BDT174.53, compared to a current price of BDT215.50 — trading 23.5% above its estimated fair value. The current Return-on-Tangible-Equity is 17.60%, which is 22% below median its 10-year median of 22.55 and 160% above the Oil & Gas industry median of 6.77. Meghna Petroleum's overall GF Score™ is 85/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Meghna Petroleum (DHA:MPETROLEUM), the current Return-on-Tangible-Equity is 17.60% 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 BDT215.50 is trading 23.5% above its estimated GF Value™ of BDT174.53.
GuruFocus considers Meghna Petroleum to be Modestly Overvalued.
Key valuation signals for DHA:MPETROLEUM:
Return-on-Tangible-Equity: 17.60% (22% below median its 10-year median of 22.55)
GF Value™: BDT174.53 vs. price of BDT215.50 (23.5% above fair value)
Industry Position: 160% above the Oil & Gas median (#167 of 942)
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.
85GF Score
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