Mercantile Bank (DHA:MERCANBANK) ROC (Joel Greenblatt) %: % (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:MERCANBANK Mercantile Bank PLC DHA:MERCANBANK
68 GF Score
Price BDT7.20
GF Value BDT8.32
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Mercantile Bank ROC (Joel Greenblatt) %?

Mercantile Bank DHA:MERCANBANK 68 ROC (Joel Greenblatt) % is % as of Mar. 2026. GuruFocus rates DHA:MERCANBANK with a GF Score™ of 68/100 and a GF Value™ of BDT8.32 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 46 Banks companies, Mercantile Bank ranks worse than 2173910.87% on this metric.

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

DHA:MERCANBANK
68GF Score
Mercantile Bank PLC DHA:MERCANBANK
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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What does a ROC (Joel Greenblatt) % of % mean?
Mercantile Bank (DHA:MERCANBANK) has a ROC (Joel Greenblatt) % of % 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 Mercantile Bank and its competitors. According to the industry distribution chart, Mercantile Bank ranks #999999 out of 46 companies in the Banks industry.
Is Mercantile Bank's ROC (Joel Greenblatt) % too high?
Mercantile Bank's current ROC (Joel Greenblatt) % is %. Based on the distribution chart, Mercantile Bank ranks #999999 out of 46 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Mercantile Bank has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercantile Bank's ROC (Joel Greenblatt) % compare to competitors?
According to the Banks industry distribution chart, Mercantile Bank ranks #999999 out of 46 companies for ROC (Joel Greenblatt) %. This places Mercantile Bank in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 63.39. 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 Banks company?
The median ROC (Joel Greenblatt) % among Banks companies is 63.39, based on 46 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. 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 Mercantile Bank and its competitors. For the Banks industry, the median ROC (Joel Greenblatt) % is 63.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercantile Bank's current ROC (Joel Greenblatt) % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercantile Bank stock overvalued right now?
Based on GuruFocus' analysis, Mercantile Bank (DHA:MERCANBANK) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT8.32, compared to a current price of BDT7.20 — trading 13.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is %. Mercantile Bank's overall GF Score™ is 68/100 with 3 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 Mercantile Bank (DHA:MERCANBANK), the current ROC (Joel Greenblatt) % is % 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 Mercantile Bank (DHA:MERCANBANK) Overvalued in 2026?

Based on GuruFocus' analysis, Mercantile Bank stock appears to be undervalued. The current stock price of BDT7.20 is trading 13.5% below its estimated GF Value™ of BDT8.32. GuruFocus considers Mercantile Bank to be Modestly Undervalued.

Key valuation signals for DHA:MERCANBANK:

  • ROC (Joel Greenblatt) %: %
  • GF Value™: BDT8.32 vs. price of BDT7.20 (13.5% below fair value)
  • GF Score™: 68/100 with 3 warning signs

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

Mercantile Bank Business Description

Address 61, Dilkusha Commercial Area, Dhaka, BGD
Mercantile Bank PLC is a commercial bank that engages in providing banking and financial services. It offers a range of services such as SME financing, Retail Banking, Corporate Banking, Foreign Trade, NRB banking, Treasury instruments services, and E-banking, among others. Its operating segments comprise Commercial Banking including Off-shore Banking Units, Islamic Banking Window Operations, Mercantile Bank Securities Limited; MBL Assets Management Limited, and Mercantile Exchange House (UK) Ltd.
68GF Score

Get the complete analysis for DHA:MERCANBANK

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

BDT7.20
Price
BDT8.32
GF Value