Marico Bangladesh (DHA:MARICO) ROC (Joel Greenblatt) %: 409.95% (As of Mar. 2026) — Near Median

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DHA:MARICO Marico Bangladesh Ltd DHA:MARICO
96 GF Score
Price BDT2,745.50
GF Value BDT3,285.00
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Marico Bangladesh ROC (Joel Greenblatt) %?

Marico Bangladesh DHA:MARICO +0.41% 96 ROC (Joel Greenblatt) % is 409.95% as of Mar. 2026, which is 4% below its 10-year median of 428.95. GuruFocus rates DHA:MARICO with a GF Score™ of 96/100 and a GF Value™ of BDT3,285.00 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,980 Consumer Packaged Goods companies, Marico Bangladesh ranks better than 99.49% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Marico Bangladesh's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 409.95%.

The historical rank and industry rank for Marico Bangladesh's ROC (Joel Greenblatt) % or its related term are showing as below:

DHA:MARICO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 324.36   Med: 428.95   Max: 563.73
Current: 480.01

During the past 13 years, Marico Bangladesh's highest ROC (Joel Greenblatt) % was 563.73%. The lowest was 324.36%. And the median was 428.95%.

DHA:MARICO's ROC (Joel Greenblatt) % is ranked better than
99.49% of 1980 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs DHA:MARICO: 480.01

Marico Bangladesh's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.80% per year.


Marico Bangladesh  (DHA:MARICO) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Marico Bangladesh ROC (Joel Greenblatt) % Related Terms


Marico Bangladesh ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Marico Bangladesh's ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % Chart

Marico Bangladesh Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 408.49 355.48 361.56 449.40 477.53

Marico Bangladesh Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % 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 412.36 570.17 515.91 427.21 409.95

DHA:MARICO vs PG, CL, KVUE: ROC (Joel Greenblatt) % Comparison

For the Household & Personal Products subindustry, Marico Bangladesh's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marico Bangladesh's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Marico Bangladesh's ROC (Joel Greenblatt) % falls into.


DHA:MARICO
96GF Score
Marico Bangladesh Ltd DHA:MARICO
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marico Bangladesh ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 3807.828 + 833.219) - (3908.705 + 0 + 1242.235)
=-509.893

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 3531.303 + 566.011) - (3853.509 + 0 + 1388.905)
=-1145.1

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Marico Bangladesh for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6744.452/( ( (1638.947 + max(-509.893, 0)) + (1651.437 + max(-1145.1, 0)) )/ 2 )
=6744.452/( ( 1638.947 + 1651.437 )/ 2 )
=6744.452/1645.192
=409.95 %

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

What does a ROC (Joel Greenblatt) % of 409.95% mean?
Marico Bangladesh (DHA:MARICO) has a ROC (Joel Greenblatt) % of 409.95% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Marico Bangladesh and its competitors. This is near median its historical median of 428.95. Over the past decade, Marico Bangladesh's ROC (Joel Greenblatt) % has ranged from 324.36 to 563.73. According to the industry distribution chart, Marico Bangladesh ranks #10 out of 1980 companies in the Consumer Packaged Goods industry, placing it in the top 0.5%.
Is Marico Bangladesh's ROC (Joel Greenblatt) % too high?
Marico Bangladesh's current ROC (Joel Greenblatt) % of 409.95% is near median its 10-year median of 428.95. Over the past 10 years, this metric has ranged from a low of 324.36 to a high of 563.73. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Marico Bangladesh's value of 409.95% is 3319.1% above this industry median. Based on the distribution chart, Marico Bangladesh ranks #10 out of 1980 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 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marico Bangladesh's ROC (Joel Greenblatt) % compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Marico Bangladesh ranks #10 out of 1980 companies for ROC (Joel Greenblatt) %. This places Marico Bangladesh in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. Marico Bangladesh's value of 409.95% is 3319.1% above this benchmark. Historically, Marico Bangladesh's own ROC (Joel Greenblatt) % has ranged from 324.36 to 563.73 over the past decade. While the company's 10-year median is 428.95 vs. the industry median of 11.99, 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 ROC (Joel Greenblatt) % for a Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,980 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marico Bangladesh's current ROC (Joel Greenblatt) % of 409.95% is 3319.1% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Marico Bangladesh and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marico Bangladesh's current ROC (Joel Greenblatt) % is 409.95%, which is near median its own 10-year median of 428.95. 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 BDT3,285.00, compared to a current price of BDT2,745.50 — trading 16.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 409.95%, which is near median its 10-year median of 428.95 and 3319.1% above the Consumer Packaged Goods industry median of 11.99. Marico Bangladesh's overall GF Score™ is 96/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Marico Bangladesh (DHA:MARICO), the current ROC (Joel Greenblatt) % is 409.95% 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 BDT2,745.50 is trading 16.4% below its estimated GF Value™ of BDT3,285.00. GuruFocus considers Marico Bangladesh to be Modestly Undervalued.

Key valuation signals for DHA:MARICO:

  • ROC (Joel Greenblatt) %: 409.95% (near median its 10-year median of 428.95)
  • GF Value™: BDT3,285.00 vs. price of BDT2,745.50 (16.4% below fair value)
  • GF Score™: 96/100 with 7 warning signs
  • Industry Position: 3319.1% above the Consumer Packaged Goods median (#10 of 1980)

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

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT2,745.50
Price
BDT3,285.00
GF Value