Shahjibazar Power Co (DHA:SPCL) Financial Strength: 9 (As of Mar. 2026) — 13% Above Median

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DHA:SPCL Shahjibazar Power Co Ltd DHA:SPCL
93 GF Score
Price BDT54.70
GF Value BDT58.29
Valuation Fairly Valued
! 7 Warning Signs
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What is Shahjibazar Power Co Financial Strength?

Shahjibazar Power Co DHA:SPCL -0.18% 93 Financial Strength is 9 as of Mar. 2026, which is 13% above its 10-year median of 8.00. GuruFocus rates DHA:SPCL with a GF Score™ of 93/100 and a GF Value™ of BDT58.29 (Fairly Valued). The stock has 7 warning signs investors should review.

Shahjibazar Power Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Shahjibazar Power Co Ltd shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Shahjibazar Power Co's Interest Coverage for the quarter that ended in Mar. 2026 was 2.40. Shahjibazar Power Co's debt to revenue ratio for the quarter that ended in Mar. 2026 was 0.41. As of today, Shahjibazar Power Co's Altman Z-Score is 2.50.


Shahjibazar Power Co  (DHA:SPCL) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Shahjibazar Power Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Shahjibazar Power Co Financial Strength Related Terms


DHA:SPCL vs CEG, VST, NRG: Financial Strength Comparison

For the Utilities - Independent Power Producers subindustry, Shahjibazar Power Co's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shahjibazar Power Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Shahjibazar Power Co's Financial Strength falls into.


DHA:SPCL
93GF Score
Shahjibazar Power Co Ltd DHA:SPCL
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shahjibazar Power Co Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Shahjibazar Power Co's Interest Expense for the months ended in Mar. 2026 was BDT-136 Mil. Its Operating Income for the months ended in Mar. 2026 was BDT325 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was BDT30 Mil.

Shahjibazar Power Co's Interest Coverage for the quarter that ended in Mar. 2026 is

Interest Coverage=-1*Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*324.795/-135.578
=2.40

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Shahjibazar Power Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(5444.249 + 29.814) / 13252.592
=0.41

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Shahjibazar Power Co has a Z-score of 2.50, indicating it is in Grey Zones. This implies that Shahjibazar Power Co is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.5 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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 Financial Strength →
What does a Financial Strength of 9 mean?
Shahjibazar Power Co (DHA:SPCL) has a Financial Strength of 9 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Shahjibazar Power Co and its competitors. This is 13% above median its historical median of 8.00. Over the past decade, Shahjibazar Power Co's Financial Strength has ranged from 2.00 to 9.00.
Is Shahjibazar Power Co's Financial Strength too high?
Shahjibazar Power Co's current Financial Strength of 9 is 13% above median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. 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 Financial Strength compare to CEG and VST?
Shahjibazar Power Co's Financial Strength of 9 can be compared against companies in the Utilities - Independent Power Producers industry. Historically, Shahjibazar Power Co's own Financial Strength has ranged from 2.00 to 9.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for an Utilities - Independent Power Producers company?
A good Financial Strength depends on the Utilities - Independent Power Producers industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Shahjibazar Power Co and its competitors. Shahjibazar Power Co's current Financial Strength is 9, which is 13% above median its own 10-year median of 8.00. 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 BDT58.29, compared to a current price of BDT54.70 — trading 6.2% below its estimated fair value. The current Financial Strength is 9, which is 13% above median its 10-year median of 8.00. 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 Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Shahjibazar Power Co (DHA:SPCL), the current Financial Strength is 9 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 BDT54.70 is trading 6.2% below its estimated GF Value™ of BDT58.29. GuruFocus considers Shahjibazar Power Co to be Fairly Valued.

Key valuation signals for DHA:SPCL:

  • Financial Strength: 9 (13% above median its 10-year median of 8.00)
  • GF Value™: BDT58.29 vs. price of BDT54.70 (6.2% below fair value)
  • GF Score™: 93/100 with 7 warning signs

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 Business Description

Address 822/2, Rokeya Sarani, Mirpur, Dhaka, BGD, 1216
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

Get the complete analysis for DHA:SPCL

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

BDT54.70
Price
BDT58.29
GF Value