Khulna Power Co (DHA:KPCL) EBITDA: BDT396.6 Mil (TTM As of Mar. 2026)

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DHA:KPCL Khulna Power Co Ltd DHA:KPCL
57 GF Score
Price BDT10.40
GF Value BDT4.06
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Khulna Power Co EBITDA?

Khulna Power Co DHA:KPCL +0.97% 57 EBITDA is BDT396.6 Mil as of Mar. 2026. GuruFocus rates DHA:KPCL with a GF Score™ of 57/100 and a GF Value™ of BDT4.06 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Khulna Power Co's EBITDA for the three months ended in Mar. 2026 was BDT98.3 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was BDT396.6 Mil.

During the past 12 months, the average EBITDA Growth Rate of Khulna Power Co was -15.40% per year. During the past 3 years, the average EBITDA Growth Rate was 1.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 12 years, the highest 3-Year average EBITDA Growth Rate of Khulna Power Co was 31.10% per year. The lowest was -44.30% per year. And the median was -9.65% per year.

Khulna Power Co's EBITDA per Share for the three months ended in Mar. 2026 was BDT0.25. Its EBITDA per share for the trailing twelve months (TTM) ended in Mar. 2026 was BDT1.00.

During the past 12 months, the average EBITDA per Share Growth Rate of Khulna Power Co was -17.00% per year. During the past 3 years, the average EBITDA per Share Growth Rate was 1.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.

During the past 12 years, the highest 3-Year average EBITDA per Share Growth Rate of Khulna Power Co was 35.30% per year. The lowest was -44.30% per year. And the median was -9.65% per year.

Khulna Power Co  (DHA:KPCL) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


Khulna Power Co EBITDA Related Terms


Khulna Power Co EBITDA Historical Data

* Premium members only.

The historical data trend for Khulna Power Co's EBITDA 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.

Khulna Power Co EBITDA Chart

Khulna Power Co Annual Data
Trend Dec15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 802.96 337.81 -254.48 470.36 352.73

Khulna Power Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA 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 85.69 84.34 104.26 109.76 98.28

DHA:KPCL vs NEE, SO, DUK: EBITDA Comparison

For the Utilities - Regulated Electric subindustry, Khulna Power Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Khulna Power Co EV-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Khulna Power Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Khulna Power Co's EV-to-EBITDA falls into.


DHA:KPCL
57GF Score
Khulna Power Co Ltd DHA:KPCL
EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Khulna Power Co's EBITDA for the fiscal year that ended in Jun. 2025 is calculated as

Khulna Power Co's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Jun. 2025, Khulna Power Co's EBITDA was BDT352.7 Mil.

Khulna Power Co's EBITDA for the quarter that ended in Mar. 2026 is calculated as

Khulna Power Co's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Mar. 2026, Khulna Power Co's EBITDA was BDT98.3 Mil.

EBITDA 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 BDT396.6 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.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Frequently Asked Questions Learn more about EBITDA →
What does a EBITDA of BDT396.6 Mil mean?
Khulna Power Co (DHA:KPCL) has a EBITDA of BDT396.6 Mil as of Mar. 2026. Ebitda is the difference between operating revenue and operating expenses not including depreciation and amortization. View historical data on Khulna Power Co.
Is Khulna Power Co's EBITDA too high?
Khulna Power Co's current EBITDA is BDT396.6 Mil. Overall, Khulna Power Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Khulna Power Co's EBITDA compare to NEE and SO?
Khulna Power Co's EBITDA of BDT396.6 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 EBITDA for an Utilities - Regulated company?
A good EBITDA depends on the Utilities - Regulated industry context. However, EBITDA 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 EBITDA mean?
A high EBITDA can signal that a stock is expensive relative to its fundamentals. Ebitda is the difference between operating revenue and operating expenses not including depreciation and amortization. View historical data on Khulna Power Co. Khulna Power Co's current EBITDA is BDT396.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khulna Power Co stock overvalued right now?
Based on GuruFocus' analysis, Khulna Power Co (DHA:KPCL) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT4.06, compared to a current price of BDT10.40 — trading 156.2% above its estimated fair value. The current EBITDA is BDT396.6 Mil. Khulna Power Co's overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA calculated?
EBITDA is calculated from a company's financial statements. For Khulna Power Co (DHA:KPCL), the current EBITDA is BDT396.6 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 Khulna Power Co (DHA:KPCL) Overvalued in 2026?

Based on GuruFocus' analysis, Khulna Power Co stock appears to be overvalued. The current stock price of BDT10.40 is trading 156.2% above its estimated GF Value™ of BDT4.06. GuruFocus considers Khulna Power Co to be Significantly Overvalued.

Key valuation signals for DHA:KPCL:

  • EBITDA: BDT396.6 Mil
  • GF Value™: BDT4.06 vs. price of BDT10.40 (156.2% above fair value)
  • GF Score™: 57/100 with 4 warning signs

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


Khulna Power Co Business Description

Address United House, Madani Avenue, United City, Dhaka, BGD, 1212
Khulna Power Co Ltd is engaged in generating electricity, selling such generated electricity to the Bangladesh Power Development Board, and acquiring fuel required for such electricity generation from home and abroad. The company receives revenue in the form of capacity, rental, and energy. The energy payment generates maximum revenue for the company.
57GF Score

Get the complete analysis for DHA:KPCL

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

BDT10.40
Price
BDT4.06
GF Value