Meghna Petroleum (DHA:MPETROLEUM) Asset Turnover: 0.01 (As of Mar. 2026)


DHA:MPETROLEUM Meghna Petroleum PLC DHA:MPETROLEUM
84 GF Score
Price BDT217.10
GF Value BDT173.91
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Meghna Petroleum Asset Turnover?

Meghna Petroleum DHA:MPETROLEUM +0.74% 84 Asset Turnover is 0.01 as of Mar. 2026. GuruFocus rates DHA:MPETROLEUM with a GF Score™ of 84/100 and a GF Value™ of BDT173.91 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Meghna Petroleum's Revenue for the three months ended in Mar. 2026 was BDT575 Mil. Meghna Petroleum's Total Assets for the quarter that ended in Mar. 2026 was BDT115,520 Mil. Therefore, Meghna Petroleum's Asset Turnover for the quarter that ended in Mar. 2026 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Meghna Petroleum's annualized ROE % for the quarter that ended in Mar. 2026 was 17.60%. It is also linked to ROA % through Du Pont Formula. Meghna Petroleum's annualized ROA % for the quarter that ended in Mar. 2026 was 4.84%.


Meghna Petroleum  (DHA:MPETROLEUM) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Meghna Petroleum's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=5591.32/31768.22
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5591.32 / 2299.688)*(2299.688 / 115520.0265)*(115520.0265/ 31768.22)
=Net Margin %*Asset Turnover*Equity Multiplier
=243.13 %*0.0199*3.6363
=ROA %*Equity Multiplier
=4.84 %*3.6363
=17.60 %

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.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Meghna Petroleum's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=5591.32/115520.0265
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5591.32 / 2299.688)*(2299.688 / 115520.0265)
=Net Margin %*Asset Turnover
=243.13 %*0.0199
=4.84 %

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.

* 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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Meghna Petroleum Asset Turnover Related Terms


Meghna Petroleum Asset Turnover Historical Data

* Premium members only.

The historical data trend for Meghna Petroleum's Asset Turnover 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.

Meghna Petroleum Asset Turnover Chart

Meghna Petroleum Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.85 2.92 3.42 2.89 2.81

Meghna Petroleum Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.01 0.68 0.57 0.01 0.01

DHA:MPETROLEUM vs VLO, MPC, PSX: Asset Turnover Comparison

For the Oil & Gas Refining & Marketing subindustry, Meghna Petroleum's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Meghna Petroleum's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Meghna Petroleum's Asset Turnover falls into.


DHA:MPETROLEUM
84GF Score
Meghna Petroleum PLC DHA:MPETROLEUM
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Meghna Petroleum Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Meghna Petroleum's Asset Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=293477.602/( (98564.039+110072.415)/ 2 )
=293477.602/104318.227
=2.81

Meghna Petroleum's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=574.922/( (115744.126+115295.927)/ 2 )
=574.922/115520.0265
=0.00

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.01 mean?
Meghna Petroleum (DHA:MPETROLEUM) has a Asset Turnover of 0.01 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Meghna Petroleum and its competitors.
Is Meghna Petroleum's Asset Turnover too high?
Meghna Petroleum's current Asset Turnover is 0.01. Overall, Meghna Petroleum has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meghna Petroleum's Asset Turnover compare to VLO and MPC?
Meghna Petroleum's Asset Turnover of 0.01 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Meghna Petroleum and its competitors. Meghna Petroleum's current Asset Turnover is 0.01. 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 BDT173.91, compared to a current price of BDT217.10 — trading 24.8% above its estimated fair value. The current Asset Turnover is 0.01. Meghna Petroleum's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Meghna Petroleum (DHA:MPETROLEUM), the current Asset Turnover is 0.01 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 BDT217.10 is trading 24.8% above its estimated GF Value™ of BDT173.91. GuruFocus considers Meghna Petroleum to be Modestly Overvalued.

Key valuation signals for DHA:MPETROLEUM:

  • Asset Turnover: 0.01
  • GF Value™: BDT173.91 vs. price of BDT217.10 (24.8% above fair value)
  • GF Score™: 84/100 with 7 warning signs

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 Business Description

Industry EnergyOil & Gas
Address 58-59 Agrabad Commercial Area, Chattogram, BGD, 4100
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.
84GF Score

Get the complete analysis for DHA:MPETROLEUM

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

BDT217.10
Price
BDT173.91
GF Value