Summit Power (DHA:SUMITPOWER) Operating Income: BDT5,740 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:SUMITPOWER Summit Power Ltd DHA:SUMITPOWER
73 GF Score
Price BDT15.40
GF Value BDT12.83
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Summit Power Operating Income?

Summit Power DHA:SUMITPOWER +0.65% 73 Operating Income is BDT5,740 Mil as of Mar. 2026. GuruFocus rates DHA:SUMITPOWER with a GF Score™ of 73/100 and a GF Value™ of BDT12.83 (Modestly Overvalued). The stock has 11 warning signs investors should review.

Summit Power's Operating Income for the three months ended in Mar. 2026 was BDT1,782 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was BDT5,740 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Summit Power's Operating Income for the three months ended in Mar. 2026 was BDT1,782 Mil. Summit Power's Revenue for the three months ended in Mar. 2026 was BDT6,508 Mil. Therefore, Summit Power's Operating Margin % for the quarter that ended in Mar. 2026 was 27.38%.

Warning Sign:

Summit Power Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -17.3%.

Summit Power's 5-Year average Growth Rate for Operating Margin % was -17.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Summit Power's annualized ROC % for the quarter that ended in Mar. 2026 was 8.00%. Summit Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.41%.


Summit Power  (DHA:SUMITPOWER) Operating Income Explanation

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

Summit Power'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 )
=7128.344 * ( 1 - 1.22% )/( (85210.435 + 90824.577)/ 2 )
=7041.3782032/88017.506
=8.00 %

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))
=101719.532 - 11959.214 - ( 4549.883 - max(0, 27049.173 - 40351.473+4549.883))
=85210.435

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))
=103305.11 - 8873.819 - ( 3606.714 - max(0, 28430.561 - 41785.053+3606.714))
=90824.577

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

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

Summit Power'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 )
=7128.344/( ( (42845.538 + max(23457.187, 0)) + (42597.815 + max(28040.59, 0)) )/ 2 )
=7128.344/( ( 66302.725 + 70638.405 )/ 2 )
=7128.344/68470.565
=10.41 %

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)
=(26586.17 + 3029.351 + 6068.079) - (11959.214 + 0 + 267.199)
=23457.187

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27304.748 + 5124.451 + 4752.548) - (8873.819 + 0 + 267.338)
=28040.59

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. Operating Income is also linked to Operating Margin %:

Summit Power's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1782.086/6507.534
=27.38 %

* 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.

4. 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 Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Summit Power Operating Income Related Terms


Summit Power Operating Income Historical Data

* Premium members only.

The historical data trend for Summit Power's Operating Income 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.

Summit Power Operating Income Chart

Summit Power Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,095.33 8,083.01 4,088.03 8,093.02 5,589.98

Summit Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income 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 1,651.76 375.53 1,805.76 1,776.95 1,782.09
DHA:SUMITPOWER
73GF Score
Summit Power Ltd DHA:SUMITPOWER
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Summit Power Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income 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 BDT5,740 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 Operating Income →
What does a Operating Income of BDT5,740 Mil mean?
Summit Power (DHA:SUMITPOWER) has a Operating Income of BDT5,740 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Summit Power and its competitors.
Is Summit Power's Operating Income too high?
Summit Power's current Operating Income is BDT5,740 Mil. Overall, Summit Power has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Summit Power's Operating Income compare to NEE and SO?
Summit Power's Operating Income of BDT5,740 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 Operating Income for an Utilities - Regulated company?
A good Operating Income depends on the Utilities - Regulated industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Summit Power and its competitors. Summit Power's current Operating Income is BDT5,740 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Power stock overvalued right now?
Based on GuruFocus' analysis, Summit Power (DHA:SUMITPOWER) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT12.83, compared to a current price of BDT15.40 — trading 20% above its estimated fair value. The current Operating Income is BDT5,740 Mil. Summit Power's overall GF Score™ is 73/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Summit Power (DHA:SUMITPOWER), the current Operating Income is BDT5,740 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 Summit Power (DHA:SUMITPOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Summit Power stock appears to be overvalued. The current stock price of BDT15.40 is trading 20% above its estimated GF Value™ of BDT12.83. GuruFocus considers Summit Power to be Modestly Overvalued.

Key valuation signals for DHA:SUMITPOWER:

  • Operating Income: BDT5,740 Mil
  • GF Value™: BDT12.83 vs. price of BDT15.40 (20% above fair value)
  • GF Score™: 73/100 with 11 warning signs

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


Summit Power Business Description

Address Karwan Bazar C/A, Summit Centre, 18, Dhaka, BGD, 1215
Summit Power Ltd is engaged in the generation and supply of electricity. It focuses on developing, owning, and operating power-generating assets. It owns and operates 15 power plants at different locations in Bangladesh with a total Installed capacity of 975.96 MW. The company supplies electricity to Bangladesh Power Development Board and Bangladesh Rural Electrification Board.
73GF Score

Get the complete analysis for DHA:SUMITPOWER

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

BDT15.40
Price
BDT12.83
GF Value