Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Nishat PowerKAR:NPL -0.28%59 Debt-to-Equity is 0.13 as of Mar. 2026, which is 32% below its 10-year median of 0.19. GuruFocus rates KAR:NPL with a GF Score™ of 59/100 and a GF Value™ of ₨20.61 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 396 Utilities - Independent Power Producers companies, Nishat Power ranks better than 85.35% 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 Nishat Power's Debt-to-Equity or its related term are showing as below:
KAR:NPL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.19 Max: 0.7
Current: 0.13
During the past 13 years, the highest Debt-to-Equity Ratio of Nishat Power was 0.70. The lowest was 0.00. And the median was 0.19.
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.
Nishat Power Debt-to-Equity Related Terms
Nishat Power Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Nishat Power'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.
KAR:NPL vs CEG, VST, NRG: Debt-to-Equity Comparison
For the Utilities - Independent Power Producers subindustry, Nishat Power'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.
Nishat Power Debt-to-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Nishat Power's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nishat Power'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.
Nishat Power (KAR:NPL) has a Debt-to-Equity of 0.13 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nishat Power and its competitors. This is 32% below median its historical median of 0.19. According to the industry distribution chart, Nishat Power ranks #58 out of 396 companies in the Utilities - Independent Power Producers industry, placing it in the top 14.6%.
Is Nishat Power's Debt-to-Equity too high?
Nishat Power's current Debt-to-Equity of 0.13 is 32% below median its 10-year median of 0.19. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. Nishat Power's value of 0.13 is 84.5% below this industry median. Based on the distribution chart, Nishat Power ranks #58 out of 396 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Nishat Power has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nishat Power's Debt-to-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Nishat Power ranks #58 out of 396 companies for Debt-to-Equity. This places Nishat Power in the top 15% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.84. Nishat Power's value of 0.13 is 84.5% below this benchmark. While the company's 10-year median is 0.19 vs. the industry median of 0.84, Nishat Power 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 0.84, based on 396 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. Nishat Power's current Debt-to-Equity of 0.13 is 84.5% 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 Nishat Power and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nishat Power's current Debt-to-Equity is 0.13, which is 32% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishat Power stock overvalued right now?
Based on GuruFocus' analysis, Nishat Power (KAR:NPL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨20.61, compared to a current price of ₨71.98 — trading 249.2% above its estimated fair value. The current Debt-to-Equity is 0.13, which is 32% below median its 10-year median of 0.19 and 84.5% below the Utilities - Independent Power Producers industry median of 0.84. Nishat Power's overall GF Score™ is 59/100 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 Nishat Power (KAR:NPL), the current Debt-to-Equity is 0.13 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 Nishat Power (KAR:NPL) Overvalued in 2026?
Based on GuruFocus' analysis, Nishat Power stock appears to be overvalued.
The current stock price of ₨71.98 is trading 249.2% above its estimated GF Value™ of ₨20.61.
GuruFocus considers Nishat Power to be Significantly Overvalued.
Key valuation signals for KAR:NPL:
Debt-to-Equity: 0.13 (32% below median its 10-year median of 0.19)
GF Value™: ₨20.61 vs. price of ₨71.98 (249.2% above fair value)
Industry Position: 84.5% below the Utilities - Independent Power Producers median (#58 of 396)
No single metric tells the full story. See the KAR:NPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nishat Power Ltd is a company whose principal activity is to build, own, operate and maintain a fuel-fired power plant based on Reciprocating Engine Technology having a gross capacity of 200MW in Jamber Kalan, Tehsil Pattoki, District Kasur, Punjab, Pakistan. It operates in single operating segment being: Revenue from sale of electricity relates to CPPA-G.
59GF Score
Get the complete analysis for KAR:NPL
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KAR:NPL has been successfully added to your 
