Shahjibazar Power Co (DHA:SPCL) ROA %: 6.02% (As of Mar. 2026) — 12% Below Median


DHA:SPCL Shahjibazar Power Co Ltd DHA:SPCL
93 GF Score
Price BDT54.50
GF Value BDT56.70
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Shahjibazar Power Co ROA %?

Shahjibazar Power Co DHA:SPCL +1.11% 93 ROA % is 6.02% as of Mar. 2026, which is 12% below its 10-year median of 6.85. GuruFocus rates DHA:SPCL with a GF Score™ of 93/100 and a GF Value™ of BDT56.70 (Fairly Valued). The stock has 7 warning signs investors should review. Among 448 Utilities - Independent Power Producers companies, Shahjibazar Power Co ranks better than 86.16% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shahjibazar Power Co's annualized Net Income for the quarter that ended in Mar. 2026 was BDT989 Mil. Shahjibazar Power Co's average Total Assets over the quarter that ended in Mar. 2026 was BDT16,428 Mil. Therefore, Shahjibazar Power Co's annualized ROA % for the quarter that ended in Mar. 2026 was 6.02%.

The historical rank and industry rank for Shahjibazar Power Co's ROA % or its related term are showing as below:

DHA:SPCL' s ROA % Range Over the Past 10 Years
Min: 2.36   Med: 6.85   Max: 9.92
Current: 6.34

During the past 10 years, Shahjibazar Power Co's highest ROA % was 9.92%. The lowest was 2.36%. And the median was 6.85%.

DHA:SPCL's ROA % is ranked better than
86.16% of 448 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.165 vs DHA:SPCL: 6.34

Shahjibazar Power Co  (DHA:SPCL) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=988.688/16428.4945
=(Net Income / Revenue)*(Revenue / Total Assets)
=(988.688 / 13252.592)*(13252.592 / 16428.4945)
=Net Margin %*Asset Turnover
=7.46 %*0.8067
=6.02 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Shahjibazar Power Co ROA % Related Terms


Shahjibazar Power Co ROA % Historical Data

* Premium members only.

The historical data trend for Shahjibazar Power Co's ROA % 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 ROA % Chart

Shahjibazar Power Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.92 6.84 2.36 3.53 3.80

Shahjibazar Power Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 2.12 3.93 7.44 7.75 6.02

DHA:SPCL vs CEG, VST, NRG: ROA % Comparison

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

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

* The bar in red indicates where Shahjibazar Power Co's ROA % falls into.


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

Shahjibazar Power Co ROA % Calculation

Shahjibazar Power Co's annualized ROA % for the fiscal year that ended in Jun. 2025 is calculated as:

ROA %=Net Income (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=472.637/( (11819.981+13062.548)/ 2 )
=472.637/12441.2645
=3.80 %

Shahjibazar Power Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=988.688/( (16212.617+16644.372)/ 2 )
=988.688/16428.4945
=6.02 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 6.02% mean?
Shahjibazar Power Co (DHA:SPCL) has a ROA % of 6.02% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Shahjibazar Power Co and its competitors. This is 12% below median its historical median of 6.85. Over the past decade, Shahjibazar Power Co's ROA % has ranged from 2.36 to 9.92. According to the industry distribution chart, Shahjibazar Power Co ranks #62 out of 448 companies in the Utilities - Independent Power Producers industry, placing it in the top 13.8%.
Is Shahjibazar Power Co's ROA % too high?
Shahjibazar Power Co's current ROA % of 6.02% is 12% below median its 10-year median of 6.85. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 9.92. The Utilities - Independent Power Producers industry median ROA % is 1.17. Shahjibazar Power Co's value of 6.02% is 416.7% above this industry median. Based on the distribution chart, Shahjibazar Power Co ranks #62 out of 448 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. 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 ROA % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Shahjibazar Power Co ranks #62 out of 448 companies for ROA %. This places Shahjibazar Power Co in the top 14% of its industry — outperforming the majority of peers. The industry median ROA % is 1.17. Shahjibazar Power Co's value of 6.02% is 416.7% above this benchmark. Historically, Shahjibazar Power Co's own ROA % has ranged from 2.36 to 9.92 over the past decade. While the company's 10-year median is 6.85 vs. the industry median of 1.17, 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 ROA % for an Utilities - Independent Power Producers company?
The median ROA % among Utilities - Independent Power Producers companies is 1.17, based on 448 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shahjibazar Power Co's current ROA % of 6.02% is 416.7% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Shahjibazar Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median ROA % is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shahjibazar Power Co's current ROA % is 6.02%, which is 12% below median its own 10-year median of 6.85. 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 BDT56.70, compared to a current price of BDT54.50 — trading 3.9% below its estimated fair value. The current ROA % is 6.02%, which is 12% below median its 10-year median of 6.85 and 416.7% above the Utilities - Independent Power Producers industry median of 1.17. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Shahjibazar Power Co (DHA:SPCL), the current ROA % is 6.02% 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 BDT54.50 is trading 3.9% below its estimated GF Value™ of BDT56.70. GuruFocus considers Shahjibazar Power Co to be Fairly Valued.

Key valuation signals for DHA:SPCL:

  • ROA %: 6.02% (12% below median its 10-year median of 6.85)
  • GF Value™: BDT56.70 vs. price of BDT54.50 (3.9% below fair value)
  • GF Score™: 93/100 with 7 warning signs
  • Industry Position: 416.7% above the Utilities - Independent Power Producers median (#62 of 448)

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

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

BDT54.50
Price
BDT56.70
GF Value