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Meghna PetroleumDHA:MPETROLEUM -0.14%85 ROC (Joel Greenblatt) % is 371.08% as of Mar. 2026, which is 16% above its 10-year median of 319.58. GuruFocus rates DHA:MPETROLEUM with a GF Score™ of 85/100 and a GF Value™ of BDT174.68 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 998 Oil & Gas companies, Meghna Petroleum ranks better than 98.4% 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. Meghna Petroleum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 371.08%.
The historical rank and industry rank for Meghna Petroleum's ROC (Joel Greenblatt) % or its related term are showing as below:
DHA:MPETROLEUM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 237.11 Med: 319.58 Max: 479.21
Current: 475.99
During the past 13 years, Meghna Petroleum's highest ROC (Joel Greenblatt) % was 479.21%. The lowest was 237.11%. And the median was 319.58%.
DHA:MPETROLEUM's ROC (Joel Greenblatt) % is ranked better than 98.4% of 998
companies
in the Oil & Gas industry
Industry Median: 8.505
vs DHA:MPETROLEUM: 475.99
Meghna Petroleum's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 15.10% per year.
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.
Meghna Petroleum ROC (Joel Greenblatt) % Related Terms
Meghna Petroleum ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Meghna Petroleum'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.
DHA:MPETROLEUM vs VLO, MPC, PSX: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Refining & Marketing subindustry, Meghna Petroleum'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.
Meghna Petroleum ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Meghna Petroleum's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Meghna Petroleum's ROC (Joel Greenblatt) % falls into.
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:
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.
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 371.08% mean?
Meghna Petroleum (DHA:MPETROLEUM) has a ROC (Joel Greenblatt) % of 371.08% 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 Meghna Petroleum and its competitors. This is 16% above median its historical median of 319.58. Over the past decade, Meghna Petroleum's ROC (Joel Greenblatt) % has ranged from 237.11 to 479.21. According to the industry distribution chart, Meghna Petroleum ranks #16 out of 998 companies in the Oil & Gas industry, placing it in the top 1.6%.
Is Meghna Petroleum's ROC (Joel Greenblatt) % too high?
Meghna Petroleum's current ROC (Joel Greenblatt) % of 371.08% is 16% above median its 10-year median of 319.58. Over the past 10 years, this metric has ranged from a low of 237.11 to a high of 479.21. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.51. Meghna Petroleum's value of 371.08% is 4263.1% above this industry median. Based on the distribution chart, Meghna Petroleum ranks #16 out of 998 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 ROC (Joel Greenblatt) % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Meghna Petroleum ranks #16 out of 998 companies for ROC (Joel Greenblatt) %. This places Meghna Petroleum in the top 2% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.51. Meghna Petroleum's value of 371.08% is 4263.1% above this benchmark. Historically, Meghna Petroleum's own ROC (Joel Greenblatt) % has ranged from 237.11 to 479.21 over the past decade. While the company's 10-year median is 319.58 vs. the industry median of 8.51, 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 ROC (Joel Greenblatt) % for an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.51, based on 998 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. Meghna Petroleum's current ROC (Joel Greenblatt) % of 371.08% is 4263.1% 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 Meghna Petroleum and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meghna Petroleum's current ROC (Joel Greenblatt) % is 371.08%, which is 16% above median its own 10-year median of 319.58. 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 BDT174.68, compared to a current price of BDT215.90 — trading 23.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 371.08%, which is 16% above median its 10-year median of 319.58 and 4263.1% above the Oil & Gas industry median of 8.51. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Meghna Petroleum (DHA:MPETROLEUM), the current ROC (Joel Greenblatt) % is 371.08% 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 BDT215.90 is trading 23.6% above its estimated GF Value™ of BDT174.68.
GuruFocus considers Meghna Petroleum to be Modestly Overvalued.
Key valuation signals for DHA:MPETROLEUM:
ROC (Joel Greenblatt) %: 371.08% (16% above median its 10-year median of 319.58)
GF Value™: BDT174.68 vs. price of BDT215.90 (23.6% above fair value)
Industry Position: 4263.1% above the Oil & Gas median (#16 of 998)
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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