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Khulna Power CoDHA:KPCL +0.97%57 Return-on-Tangible-Equity is 4.53% as of Mar. 2026, which is 48% below its 10-year median of 8.68. 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. Among 497 Utilities - Regulated companies, Khulna Power Co ranks worse than 77.67% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Khulna Power Co's annualized net income for the quarter that ended in Mar. 2026 was BDT351.2 Mil. Khulna Power Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was BDT7,749.2 Mil. Therefore, Khulna Power Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.53%.
The historical rank and industry rank for Khulna Power Co's Return-on-Tangible-Equity or its related term are showing as below:
DHA:KPCL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.17 Med: 8.68 Max: 27.58
Current: 4.63
During the past 12 years, Khulna Power Co's highest Return-on-Tangible-Equity was 27.58%. The lowest was -8.17%. And the median was 8.68%.
DHA:KPCL's Return-on-Tangible-Equity is ranked worse than 77.67% of 497
companies
in the Utilities - Regulated industry
Industry Median: 10.9
vs DHA:KPCL: 4.63
Khulna Power Co (DHA:KPCL) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Khulna Power Co Return-on-Tangible-Equity Related Terms
Khulna Power Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Khulna Power Co's Return-on-Tangible-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.
DHA:KPCL vs NEE, SO, DUK: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Electric subindustry, Khulna Power Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-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.
Khulna Power Co Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Khulna Power Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Khulna Power Co's Return-on-Tangible-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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 4.53% mean?
Khulna Power Co (DHA:KPCL) has a Return-on-Tangible-Equity of 4.53% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Khulna Power Co and its competitors. This is 48% below median its historical median of 8.68. According to the industry distribution chart, Khulna Power Co ranks #386 out of 497 companies in the Utilities - Regulated industry, placing it in the top 77.7%.
Is Khulna Power Co's Return-on-Tangible-Equity too high?
Khulna Power Co's current Return-on-Tangible-Equity of 4.53% is 48% below median its 10-year median of 8.68. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.90. Khulna Power Co's value of 4.53% is 58.4% below this industry median. Based on the distribution chart, Khulna Power Co ranks #386 out of 497 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. 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 Return-on-Tangible-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Khulna Power Co ranks #386 out of 497 companies for Return-on-Tangible-Equity. This places Khulna Power Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.90. Khulna Power Co's value of 4.53% is 58.4% below this benchmark. While the company's 10-year median is 8.68 vs. the industry median of 10.90, Khulna Power Co 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 Return-on-Tangible-Equity for an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.90, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Khulna Power Co's current Return-on-Tangible-Equity of 4.53% is 58.4% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Khulna Power Co and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khulna Power Co's current Return-on-Tangible-Equity is 4.53%, which is 48% below median its own 10-year median of 8.68. 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 Return-on-Tangible-Equity is 4.53%, which is 48% below median its 10-year median of 8.68 and 58.4% below the Utilities - Regulated industry median of 10.90. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Khulna Power Co (DHA:KPCL), the current Return-on-Tangible-Equity is 4.53% 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:
Return-on-Tangible-Equity: 4.53% (48% below median its 10-year median of 8.68)
GF Value™: BDT4.06 vs. price of BDT10.40 (156.2% above fair value)
Industry Position: 58.4% below the Utilities - Regulated median (#386 of 497)
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 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
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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