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Shahjibazar Power CoDHA:SPCL -1.75%93 Debt-to-Equity is 0.71 as of Mar. 2026, which is 8% above its 10-year median of 0.66. GuruFocus rates DHA:SPCL with a GF Score™ of 93/100 and a GF Value™ of BDT57.57 (Fairly Valued). The stock has 7 warning signs investors should review. Among 395 Utilities - Independent Power Producers companies, Shahjibazar Power Co ranks better than 56.96% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Shahjibazar Power Co's Debt-to-Equity or its related term are showing as below:
DHA:SPCL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.66 Max: 1.23
Current: 0.71
During the past 10 years, the highest Debt-to-Equity Ratio of Shahjibazar Power Co was 1.23. The lowest was 0.36. And the median was 0.66.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Shahjibazar Power Co Debt-to-Equity Related Terms
Shahjibazar Power Co Debt-to-Equity Historical Data
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The historical data trend for Shahjibazar Power Co's Debt-to-Equity 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:SPCL vs CEG, VST, NRG: Debt-to-Equity Comparison
For the Utilities - Independent Power Producers subindustry, Shahjibazar Power Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Shahjibazar Power Co Debt-to-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Shahjibazar Power Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Shahjibazar Power Co's Debt-to-Equity falls into.
* 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.
Shahjibazar Power Co (DHA:SPCL) has a Debt-to-Equity of 0.71 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shahjibazar Power Co and its competitors. This is near median its historical median of 0.66. Over the past decade, Shahjibazar Power Co's Debt-to-Equity has ranged from 0.36 to 1.23. According to the industry distribution chart, Shahjibazar Power Co ranks #170 out of 395 companies in the Utilities - Independent Power Producers industry, placing it in the top 43%.
Is Shahjibazar Power Co's Debt-to-Equity too high?
Shahjibazar Power Co's current Debt-to-Equity of 0.71 is near median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.23. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.85. Shahjibazar Power Co's value of 0.71 is 16.5% below this industry median. Based on the distribution chart, Shahjibazar Power Co ranks #170 out of 395 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Shahjibazar Power Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shahjibazar Power Co's Debt-to-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Shahjibazar Power Co ranks #170 out of 395 companies for Debt-to-Equity. This puts Shahjibazar Power Co in the upper half of its industry. The industry median Debt-to-Equity is 0.85. Shahjibazar Power Co's value of 0.71 is 16.5% below this benchmark. Historically, Shahjibazar Power Co's own Debt-to-Equity has ranged from 0.36 to 1.23 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.85, Shahjibazar Power Co has consistently been below 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 Debt-to-Equity for an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.85, based on 395 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shahjibazar Power Co's current Debt-to-Equity of 0.71 is 16.5% below 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shahjibazar Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shahjibazar Power Co's current Debt-to-Equity is 0.71, which is near median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shahjibazar Power Co stock overvalued right now?
Based on GuruFocus' analysis, Shahjibazar Power Co (DHA:SPCL) is currently considered Fairly Valued. The stock's GF Value™ is BDT57.57, compared to a current price of BDT56.30 — trading 2.2% below its estimated fair value. The current Debt-to-Equity is 0.71, which is near median its 10-year median of 0.66 and 16.5% below the Utilities - Independent Power Producers industry median of 0.85. Shahjibazar Power Co's overall GF Score™ is 93/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Shahjibazar Power Co (DHA:SPCL), the current Debt-to-Equity is 0.71 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 Shahjibazar Power Co (DHA:SPCL) Overvalued in 2026?
Based on GuruFocus' analysis, Shahjibazar Power Co stock appears to be undervalued.
The current stock price of BDT56.30 is trading 2.2% below its estimated GF Value™ of BDT57.57.
GuruFocus considers Shahjibazar Power Co to be Fairly Valued.
Key valuation signals for DHA:SPCL:
Debt-to-Equity: 0.71 (near median its 10-year median of 0.66)
GF Value™: BDT57.57 vs. price of BDT56.30 (2.2% below fair value)
Industry Position: 16.5% below the Utilities - Independent Power Producers median (#170 of 395)
No single metric tells the full story. See the DHA:SPCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shahjibazar Power Co Ltd generates and supplies electricity in Bangladesh. It is engaged in the production and supply of petroleum products like liquid petroleum gas, special boiling point solvent, mineral turpentine, high-speed diesel, octane, kerosene, and fuel gas to the Bangladesh Petroleum Corporation (BPC). It generates revenue from only power generation.
93GF Score
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