Marico Bangladesh Limited manufactures and markets consumer products in Bangladesh. More Details
Solid track record with excellent balance sheet.
Share Price & News
How has Marico Bangladesh's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MARICO is less volatile than 75% of BD stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: MARICO's weekly volatility (2%) has been stable over the past year.
7 Day Return
BD Personal Products
1 Year Return
BD Personal Products
Return vs Industry: MARICO exceeded the BD Personal Products industry which returned 8.7% over the past year.
Return vs Market: MARICO underperformed the BD Market which returned 46.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Marico Bangladesh's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Marico Bangladesh undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MARICO (BDT2370.4) is trading above our estimate of fair value (BDT1733.38)
Significantly Below Fair Value: MARICO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MARICO is good value based on its PE Ratio (24x) compared to the Asian Personal Products industry average (30.9x).
PE vs Market: MARICO is good value based on its PE Ratio (24x) compared to the BD market (25.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MARICO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MARICO is overvalued based on its PB Ratio (45.6x) compared to the XA Personal Products industry average (2.3x).
How is Marico Bangladesh forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if MARICO's forecast earnings growth is above the savings rate (3.6%).
Earnings vs Market: Insufficient data to determine if MARICO's earnings are forecast to grow faster than the BD market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MARICO's revenue (11.5% per year) is forecast to grow faster than the BD market (9.6% per year).
High Growth Revenue: MARICO's revenue (11.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MARICO's Return on Equity is forecast to be very high in 3 years time (205.4%).
How has Marico Bangladesh performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MARICO has high quality earnings.
Growing Profit Margin: MARICO's current net profit margins (27.5%) are higher than last year (27%).
Past Earnings Growth Analysis
Earnings Trend: MARICO's earnings have grown by 18.5% per year over the past 5 years.
Accelerating Growth: MARICO's earnings growth over the past year (17.5%) is below its 5-year average (18.5% per year).
Earnings vs Industry: MARICO earnings growth over the past year (17.5%) exceeded the Personal Products industry 9%.
Return on Equity
High ROE: MARICO's Return on Equity (190%) is considered outstanding.
How is Marico Bangladesh's financial position?
Financial Position Analysis
Short Term Liabilities: MARICO's short term assets (BDT4.1B) exceed its short term liabilities (BDT4.0B).
Long Term Liabilities: MARICO's short term assets (BDT4.1B) exceed its long term liabilities (BDT154.5M).
Debt to Equity History and Analysis
Debt Level: MARICO's debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MARICO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MARICO's debt is well covered by operating cash flow (1321.8%).
Interest Coverage: MARICO earns more interest than it pays, so coverage of interest payments is not a concern.
What is Marico Bangladesh current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: MARICO's dividend (3.8%) is higher than the bottom 25% of dividend payers in the BD market (0.92%).
High Dividend: MARICO's dividend (3.8%) is in the top 25% of dividend payers in the BD market (2.72%)
Stability and Growth of Payments
Stable Dividend: MARICO's dividend payments have been volatile in the past 10 years.
Growing Dividend: MARICO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (91.2%), MARICO's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MARICO's dividends in 3 years are not forecast to be well covered by earnings (90.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Ashish Goupal is Managing Director and Director of Marico Bangladesh Limited since July 18, 2018. Mr. Goupal joins Marico Bangladesh after a long and rich career with Marico Group where he was Head of ...
Experienced Management: MARICO's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: MARICO's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Marico Bangladesh Limited's company bio, employee growth, exchange listings and data sources
- Name: Marico Bangladesh Limited
- Ticker: MARICO
- Exchange: DSE
- Founded: 1999
- Industry: Personal Products
- Sector: Household
- Market Cap: ৳74.668b
- Shares outstanding: 31.50m
- Website: https://www.marico.com/bangladesh
- Marico Bangladesh Limited
- The Glass House
- Level-06, Plot : 02, Block : SE (B)
Marico Bangladesh Limited manufactures and markets consumer products in Bangladesh. It provides coconut oil under the Parachute brand; enriched hair oil products under the Parachute Advansed brand; hair oi...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/03 15:44|
|End of Day Share Price||2021/08/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.