Shahjibazar Power CoDHA:SPCL +1.27%93 Return-on-Tangible-Equity is 12.63% as of Mar. 2026, which is 4% below its 10-year median of 13.10. GuruFocus rates DHA:SPCL with a GF Score™ of 93/100 and a GF Value™ of BDT56.90 (Fairly Valued). The stock has 7 warning signs investors should review. Among 426 Utilities - Independent Power Producers companies, Shahjibazar Power Co ranks better than 72.77% 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. Shahjibazar Power Co's annualized net income for the quarter that ended in Mar. 2026 was BDT989 Mil. Shahjibazar Power Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was BDT7,829 Mil. Therefore, Shahjibazar Power Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.63%.
The historical rank and industry rank for Shahjibazar Power Co's Return-on-Tangible-Equity or its related term are showing as below:
DHA:SPCL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.14 Med: 13.1 Max: 19.13
Current: 12.52
During the past 10 years, Shahjibazar Power Co's highest Return-on-Tangible-Equity was 19.13%. The lowest was 4.14%. And the median was 13.10%.
DHA:SPCL's Return-on-Tangible-Equity is ranked better than 72.77% of 426
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.69
vs DHA:SPCL: 12.52
Shahjibazar Power Co (DHA:SPCL) 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.
Shahjibazar Power Co Return-on-Tangible-Equity Related Terms
Shahjibazar Power Co Return-on-Tangible-Equity Historical Data
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The historical data trend for Shahjibazar 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.
Shahjibazar Power Co Return-on-Tangible-Equity Chart
DHA:SPCL vs CEG, VST, NRG: Return-on-Tangible-Equity Comparison
For the Utilities - Independent Power Producers subindustry, Shahjibazar 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.
Shahjibazar Power Co Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Shahjibazar Power Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shahjibazar 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 12.63% mean?
Shahjibazar Power Co (DHA:SPCL) has a Return-on-Tangible-Equity of 12.63% 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 Shahjibazar Power Co and its competitors. This is near median its historical median of 13.10. Over the past decade, Shahjibazar Power Co's Return-on-Tangible-Equity has ranged from 4.14 to 19.13. According to the industry distribution chart, Shahjibazar Power Co ranks #116 out of 426 companies in the Utilities - Independent Power Producers industry, placing it in the top 27.2%.
Is Shahjibazar Power Co's Return-on-Tangible-Equity too high?
Shahjibazar Power Co's current Return-on-Tangible-Equity of 12.63% is near median its 10-year median of 13.10. Over the past 10 years, this metric has ranged from a low of 4.14 to a high of 19.13. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.69. Shahjibazar Power Co's value of 12.63% is 169.3% above this industry median. Based on the distribution chart, Shahjibazar Power Co ranks #116 out of 426 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. 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 Return-on-Tangible-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Shahjibazar Power Co ranks #116 out of 426 companies for Return-on-Tangible-Equity. This puts Shahjibazar Power Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.69. Shahjibazar Power Co's value of 12.63% is 169.3% above this benchmark. Historically, Shahjibazar Power Co's own Return-on-Tangible-Equity has ranged from 4.14 to 19.13 over the past decade. While the company's 10-year median is 13.10 vs. the industry median of 4.69, Shahjibazar Power Co has consistently been above 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 - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.69, based on 426 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. Shahjibazar Power Co's current Return-on-Tangible-Equity of 12.63% is 169.3% above 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 Shahjibazar Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shahjibazar Power Co's current Return-on-Tangible-Equity is 12.63%, which is near median its own 10-year median of 13.10. 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 BDT56.90, compared to a current price of BDT55.90 — trading 1.8% below its estimated fair value. The current Return-on-Tangible-Equity is 12.63%, which is near median its 10-year median of 13.10 and 169.3% above the Utilities - Independent Power Producers industry median of 4.69. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Shahjibazar Power Co (DHA:SPCL), the current Return-on-Tangible-Equity is 12.63% 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 BDT55.90 is trading 1.8% below its estimated GF Value™ of BDT56.90.
GuruFocus considers Shahjibazar Power Co to be Fairly Valued.
Key valuation signals for DHA:SPCL:
Return-on-Tangible-Equity: 12.63% (near median its 10-year median of 13.10)
GF Value™: BDT56.90 vs. price of BDT55.90 (1.8% below fair value)
Industry Position: 169.3% above the Utilities - Independent Power Producers median (#116 of 426)
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 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
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