Marico Bangladesh (DHA:MARICO) ROE %: 208.43% (As of Mar. 2026) — 68% Above Median


DHA:MARICO Marico Bangladesh Ltd DHA:MARICO
100 GF Score
Price BDT2,755.70
GF Value BDT3,279.19
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Marico Bangladesh ROE %?

Marico Bangladesh DHA:MARICO +0.30% 100 ROE % is 208.43% as of Mar. 2026, which is 68% above its 10-year median of 123.95. GuruFocus rates DHA:MARICO with a GF Score™ of 100/100 and a GF Value™ of BDT3,279.19 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,916 Consumer Packaged Goods companies, Marico Bangladesh ranks better than 98.64% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Marico Bangladesh's annualized net income for the quarter that ended in Mar. 2026 was BDT6,048 Mil. Marico Bangladesh's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was BDT2,902 Mil. Therefore, Marico Bangladesh's annualized ROE % for the quarter that ended in Mar. 2026 was 208.43%.

The historical rank and industry rank for Marico Bangladesh's ROE % or its related term are showing as below:

DHA:MARICO' s ROE % Range Over the Past 10 Years
Min: 75.03   Med: 123.95   Max: 205.58
Current: 165.16

During the past 13 years, Marico Bangladesh's highest ROE % was 205.58%. The lowest was 75.03%. And the median was 123.95%.

DHA:MARICO's ROE % is ranked better than
98.64% of 1916 companies
in the Consumer Packaged Goods industry
Industry Median: 6.72 vs DHA:MARICO: 165.16

Marico Bangladesh  (DHA:MARICO) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6048.144/2901.806
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6048.144 / 21040.172)*(21040.172 / 8328.558)*(8328.558 / 2901.806)
=Net Margin %*Asset Turnover*Equity Multiplier
=28.75 %*2.5263*2.8701
=ROA %*Equity Multiplier
=72.63 %*2.8701
=208.43 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6048.144/2901.806
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (6048.144 / 6723.268) * (6723.268 / 7021.78) * (7021.78 / 21040.172) * (21040.172 / 8328.558) * (8328.558 / 2901.806)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8996 * 0.9575 * 33.37 % * 2.5263 * 2.8701
=208.43 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Marico Bangladesh ROE % Related Terms


Marico Bangladesh ROE % Historical Data

* Premium members only.

The historical data trend for Marico Bangladesh's ROE % 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 ROE % Chart

Marico Bangladesh Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 164.32 123.42 78.10 75.03 124.47

Marico Bangladesh Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 69.68 143.21 194.48 203.64 208.43

DHA:MARICO vs PG, CL, KVUE: ROE % Comparison

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

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marico Bangladesh's ROE % distribution charts can be found below:

* The bar in red indicates where Marico Bangladesh's ROE % falls into.


DHA:MARICO
100GF Score
Marico Bangladesh Ltd DHA:MARICO
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Marico Bangladesh ROE % Calculation

Marico Bangladesh's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=6491.788/( (7532.646+2898.714)/ 2 )
=6491.788/5215.68
=124.47 %

Marico Bangladesh's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=6048.144/( (2904.898+2898.714)/ 2 )
=6048.144/2901.806
=208.43 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 208.43% mean?
Marico Bangladesh (DHA:MARICO) has a ROE % of 208.43% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Marico Bangladesh and its competitors. This is 68% above median its historical median of 123.95. Over the past decade, Marico Bangladesh's ROE % has ranged from 75.03 to 205.58. According to the industry distribution chart, Marico Bangladesh ranks #26 out of 1916 companies in the Consumer Packaged Goods industry, placing it in the top 1.4%.
Is Marico Bangladesh's ROE % too high?
Marico Bangladesh's current ROE % of 208.43% is 68% above median its 10-year median of 123.95. Over the past 10 years, this metric has ranged from a low of 75.03 to a high of 205.58. The Consumer Packaged Goods industry median ROE % is 6.72. Marico Bangladesh's value of 208.43% is 3001.6% above this industry median. Based on the distribution chart, Marico Bangladesh ranks #26 out of 1916 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 ROE % compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Marico Bangladesh ranks #26 out of 1916 companies for ROE %. This places Marico Bangladesh in the top 1% of its industry — outperforming the majority of peers. The industry median ROE % is 6.72. Marico Bangladesh's value of 208.43% is 3001.6% above this benchmark. Historically, Marico Bangladesh's own ROE % has ranged from 75.03 to 205.58 over the past decade. While the company's 10-year median is 123.95 vs. the industry median of 6.72, 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 ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,916 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marico Bangladesh's current ROE % of 208.43% is 3001.6% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Marico Bangladesh and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marico Bangladesh's current ROE % is 208.43%, which is 68% above median its own 10-year median of 123.95. 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 BDT3,279.19, compared to a current price of BDT2,755.70 — trading 16% below its estimated fair value. The current ROE % is 208.43%, which is 68% above median its 10-year median of 123.95 and 3001.6% above the Consumer Packaged Goods industry median of 6.72. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Marico Bangladesh (DHA:MARICO), the current ROE % is 208.43% 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 BDT2,755.70 is trading 16% below its estimated GF Value™ of BDT3,279.19. GuruFocus considers Marico Bangladesh to be Modestly Undervalued.

Key valuation signals for DHA:MARICO:

  • ROE %: 208.43% (68% above median its 10-year median of 123.95)
  • GF Value™: BDT3,279.19 vs. price of BDT2,755.70 (16% below fair value)
  • GF Score™: 100/100 with 7 warning signs
  • Industry Position: 3001.6% above the Consumer Packaged Goods median (#26 of 1916)

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

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT2,755.70
Price
BDT3,279.19
GF Value