Public PowerATH:PPC -0.83%74 Debt-to-EBITDA is 4.83 as of Dec. 2025, which is 11% above its 10-year median of 4.37. GuruFocus rates ATH:PPC with a GF Score™ of 74/100 and a GF Value™ of €15.29 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 339 Utilities - Independent Power Producers companies, Public Power ranks better than 51.03% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Public Power's Debt-to-EBITDA or its related term are showing as below:
ATH:PPC'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -268.57 Med: 4.37 Max: 6.64
Current: 4.47
During the past 13 years, the highest Debt-to-EBITDA Ratio of Public Power was 6.64. The lowest was -268.57. And the median was 4.37.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Public Power Debt-to-EBITDA Related Terms
Public Power Debt-to-EBITDA Historical Data
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The historical data trend for Public Power's Debt-to-EBITDA 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.
For the Utilities - Renewable subindustry, Public Power's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.
Public Power Debt-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Public Power's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Public Power's Debt-to-EBITDA 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is two times the quarterly (Dec. 2025) EBITDA data.
Public Power (ATH:PPC) has a Debt-to-EBITDA of 4.83 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Public Power. This is 11% above median its historical median of 4.37. According to the industry distribution chart, Public Power ranks #166 out of 339 companies in the Utilities - Independent Power Producers industry, placing it in the top 49%.
Is Public Power's Debt-to-EBITDA too high?
Public Power's current Debt-to-EBITDA of 4.83 is 11% above median its 10-year median of 4.37. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.55. Public Power's value of 4.83 is 6.2% above this industry median. Based on the distribution chart, Public Power ranks #166 out of 339 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Public Power has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Public Power's Debt-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Public Power ranks #166 out of 339 companies for Debt-to-EBITDA. This puts Public Power in the upper half of its industry. The industry median Debt-to-EBITDA is 4.55. Public Power's value of 4.83 is 6.2% above this benchmark. While the company's 10-year median is 4.37 vs. the industry median of 4.55, Public Power 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 Debt-to-EBITDA for an Utilities - Independent Power Producers company?
The median Debt-to-EBITDA among Utilities - Independent Power Producers companies is 4.55, based on 339 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Public Power's current Debt-to-EBITDA of 4.83 is 6.2% 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Public Power. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Public Power's current Debt-to-EBITDA is 4.83, which is 11% above median its own 10-year median of 4.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Public Power stock overvalued right now?
Based on GuruFocus' analysis, Public Power (ATH:PPC) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.29, compared to a current price of €23.90 — trading 56.3% above its estimated fair value. The current Debt-to-EBITDA is 4.83, which is 11% above median its 10-year median of 4.37 and 6.2% above the Utilities - Independent Power Producers industry median of 4.55. Public Power's overall GF Score™ is 74/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Public Power (ATH:PPC), the current Debt-to-EBITDA is 4.83 as of Dec. 2025. 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 Public Power (ATH:PPC) Overvalued in 2026?
Based on GuruFocus' analysis, Public Power stock appears to be overvalued.
The current stock price of €23.90 is trading 56.3% above its estimated GF Value™ of €15.29.
GuruFocus considers Public Power to be Significantly Overvalued.
Key valuation signals for ATH:PPC:
Debt-to-EBITDA: 4.83 (11% above median its 10-year median of 4.37)
GF Value™: €15.29 vs. price of €23.90 (56.3% above fair value)
Industry Position: 6.2% above the Utilities - Independent Power Producers median (#166 of 339)
No single metric tells the full story. See the ATH:PPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Public Power Corp SA is a public electric utility company with the Hellenic Republic as its main shareholder. The company is involved in generating, transmitting, and distributing electric energy. The company, along with its subsidiaries, operates a variety of power plants, including natural gas, coal, hydroelectric, wind, and solar plants. PPC majorly generates electricity from its thermal energy facilities. The company is divided into segments including Production/Supply, which includes production from lignite, oil, natural gas, and renewable energy sources, as well as lignite mining in support of production and supply activities in Greece and Romania. Other segments include the Distribution network and others.
74GF Score
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