Dhaka Electric Supply Co (DHA:DESCO) EBIT: BDT2,373 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

DHA:DESCO Dhaka Electric Supply Co Ltd DHA:DESCO
65 GF Score
Price BDT23.00
GF Value BDT31.12
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Dhaka Electric Supply Co EBIT?

Dhaka Electric Supply Co DHA:DESCO 65 EBIT is BDT2,373 Mil as of Mar. 2026. GuruFocus rates DHA:DESCO with a GF Score™ of 65/100 and a GF Value™ of BDT31.12 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Dhaka Electric Supply Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was BDT60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was BDT2,373 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dhaka Electric Supply Co's annualized ROC % for the quarter that ended in Mar. 2026 was -0.93%. Dhaka Electric Supply Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dhaka Electric Supply Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.82%.


Dhaka Electric Supply Co  (DHA:DESCO) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Dhaka Electric Supply Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-760.284 * ( 1 - 12.3% )/( (71283.687 + 71762.394)/ 2 )
=-666.769068/71523.0405
=-0.93 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=92236.773 - 20199.109 - ( 18028.401 - max(0, 33368.168 - 34122.145+18028.401))
=71283.687

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=92737.057 - 21059.477 - ( 17735.239 - max(0, 33926.132 - 33841.318+17735.239))
=71762.394

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Dhaka Electric Supply Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=241.792/( ( (58092.014 + max(-7191.541, 0)) + (58881.133 + max(-8138.516, 0)) )/ 2 )
=241.792/( ( 58092.014 + 58881.133 )/ 2 )
=241.792/58486.5735
=0.41 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3109.553 + 6459.046 + 5606.791) - (20199.109 + 0 + 2167.822)
=-7191.541

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3272.13 + 6307.082 + 5394.126) - (21059.477 + 0 + 2052.377)
=-8138.516

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Dhaka Electric Supply Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2373.446/40788.590
=5.82 %

* 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.


Dhaka Electric Supply Co EBIT Related Terms


Dhaka Electric Supply Co EBIT Historical Data

* Premium members only.

The historical data trend for Dhaka Electric Supply Co's EBIT 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.

Dhaka Electric Supply Co EBIT Chart

Dhaka Electric Supply Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,711.30 1,845.13 -5,622.59 -2,917.32 627.67

Dhaka Electric Supply Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 -499.96 306.95 1,168.19 837.86 60.45

DHA:DESCO vs NEE, SO, DUK: EBIT Comparison

For the Utilities - Regulated Electric subindustry, Dhaka Electric Supply Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Dhaka Electric Supply Co EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Dhaka Electric Supply Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dhaka Electric Supply Co's EV-to-EBIT falls into.


DHA:DESCO
65GF Score
Dhaka Electric Supply Co Ltd DHA:DESCO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dhaka Electric Supply Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT2,373 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of BDT2,373 Mil mean?
Dhaka Electric Supply Co (DHA:DESCO) has a EBIT of BDT2,373 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Dhaka Electric Supply Co.
Is Dhaka Electric Supply Co's EBIT too high?
Dhaka Electric Supply Co's current EBIT is BDT2,373 Mil. Overall, Dhaka Electric Supply Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dhaka Electric Supply Co's EBIT compare to NEE and SO?
Dhaka Electric Supply Co's EBIT of BDT2,373 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Utilities - Regulated company?
A good EBIT depends on the Utilities - Regulated industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Dhaka Electric Supply Co. Dhaka Electric Supply Co's current EBIT is BDT2,373 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhaka Electric Supply Co stock overvalued right now?
Based on GuruFocus' analysis, Dhaka Electric Supply Co (DHA:DESCO) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT31.12, compared to a current price of BDT23.00 — trading 26.1% below its estimated fair value. The current EBIT is BDT2,373 Mil. Dhaka Electric Supply Co's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Dhaka Electric Supply Co (DHA:DESCO), the current EBIT is BDT2,373 Mil 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 Dhaka Electric Supply Co (DHA:DESCO) Overvalued in 2026?

Based on GuruFocus' analysis, Dhaka Electric Supply Co stock appears to be undervalued. The current stock price of BDT23.00 is trading 26.1% below its estimated GF Value™ of BDT31.12. GuruFocus considers Dhaka Electric Supply Co to be Modestly Undervalued.

Key valuation signals for DHA:DESCO:

  • EBIT: BDT2,373 Mil
  • GF Value™: BDT31.12 vs. price of BDT23.00 (26.1% below fair value)
  • GF Score™: 65/100 with 7 warning signs

No single metric tells the full story. See the DHA:DESCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dhaka Electric Supply Co Business Description

Address 22-B Faruk Sarani, Nikunja-2, Khilkhet, Dhaka, BGD, 1229
Dhaka Electric Supply Co Ltd is a Bangladesh-based company engaged in the distribution of electricity. The firm provides electricity in various types of connections such as 230-volt single Phase, 400-volt three phases, 11 Kilo Volt Medium Tension, pre-paid connections, and post-paid connections. It also provides services that include transformer rental, electric line, and substation-related services, customer solar panel inspection, and tariff change service.
65GF Score

Get the complete analysis for DHA:DESCO

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

BDT23.00
Price
BDT31.12
GF Value