Khulna Power Co (DHA:KPCL) ROE %: 4.53% (As of Mar. 2026) — 48% Below Median

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DHA:KPCL Khulna Power Co Ltd DHA:KPCL
57 GF Score
Price BDT10.40
GF Value BDT4.06
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Khulna Power Co ROE %?

Khulna Power Co DHA:KPCL +0.97% 57 ROE % 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 503 Utilities - Regulated companies, Khulna Power Co ranks worse than 73.16% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Khulna Power Co's annualized net income for the quarter that ended in Mar. 2026 was BDT351.2 Mil. Khulna Power Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was BDT7,749.2 Mil. Therefore, Khulna Power Co's annualized ROE % for the quarter that ended in Mar. 2026 was 4.53%.

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

DHA:KPCL' s ROE % 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 ROE % was 27.58%. The lowest was -8.17%. And the median was 8.68%.

DHA:KPCL's ROE % is ranked worse than
73.16% of 503 companies
in the Utilities - Regulated industry
Industry Median: 8.68 vs DHA:KPCL: 4.63

Khulna Power Co  (DHA:KPCL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=351.24/7749.24
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(351.24 / 0)*(0 / 9161.859)*(9161.859 / 7749.24)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.1823
=ROA %*Equity Multiplier
=N/A %*1.1823
=4.53 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=351.24/7749.24
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (351.24 / 391.672) * (391.672 / -35.936) * (-35.936 / 0) * (0 / 9161.859) * (9161.859 / 7749.24)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8968 * -10.8992 * N/A % * 0 * 1.1823
=4.53 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Khulna Power Co ROE % Related Terms


Khulna Power Co ROE % Historical Data

* Premium members only.

The historical data trend for Khulna Power Co's ROE % 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.

Khulna Power Co ROE % Chart

Khulna Power Co Annual Data
Trend Dec15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.72 0.15 -8.17 0.78 1.55

Khulna Power Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 1.09 3.34 5.12 5.50 4.53

DHA:KPCL vs NEE, SO, DUK: ROE % Comparison

For the Utilities - Regulated Electric subindustry, Khulna Power Co's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Khulna Power Co's ROE % distribution charts can be found below:

* The bar in red indicates where Khulna Power Co's ROE % falls into.


DHA:KPCL
57GF Score
Khulna Power Co Ltd DHA:KPCL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Khulna Power Co ROE % Calculation

Khulna Power Co's annualized ROE % for the fiscal year that ended in Jun. 2025 is calculated as

ROE %=Net Income (A: Jun. 2025 )/( (Total Stockholders Equity (A: Jun. 2024 )+Total Stockholders Equity (A: Jun. 2025 ))/ count )
=114.846/( (7288.239+7561.973)/ 2 )
=114.846/7425.106
=1.55 %

Khulna Power Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=351.24/( (7705.335+7793.145)/ 2 )
=351.24/7749.24
=4.53 %

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

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 4.53% mean?
Khulna Power Co (DHA:KPCL) has a ROE % of 4.53% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total 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 #368 out of 503 companies in the Utilities - Regulated industry, placing it in the top 73.2%.
Is Khulna Power Co's ROE % too high?
Khulna Power Co's current ROE % of 4.53% is 48% below median its 10-year median of 8.68. The Utilities - Regulated industry median ROE % is 8.68. Khulna Power Co's value of 4.53% is 47.8% below this industry median. Based on the distribution chart, Khulna Power Co ranks #368 out of 503 companies in the Utilities - Regulated industry, which is below the industry midpoint. 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 ROE % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Khulna Power Co ranks #368 out of 503 companies for ROE %. This places Khulna Power Co in the lower half of its industry. The industry median ROE % is 8.68. Khulna Power Co's value of 4.53% is 47.8% below this benchmark. While the company's 10-year median is 8.68 vs. the industry median of 8.68, 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 ROE % for an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.68, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Khulna Power Co's current ROE % of 4.53% is 47.8% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Khulna Power Co and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khulna Power Co's current ROE % 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 ROE % is 4.53%, which is 48% below median its 10-year median of 8.68 and 47.8% below the Utilities - Regulated industry median of 8.68. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Khulna Power Co (DHA:KPCL), the current ROE % 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:

  • ROE %: 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)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 47.8% below the Utilities - Regulated median (#368 of 503)

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 Business Description

Address United House, Madani Avenue, United City, Dhaka, BGD, 1212
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

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

BDT10.40
Price
BDT4.06
GF Value