Banpu Power PCL (BKK:BPP-R) Debt-to-EBITDA : 0.67 (As of Mar. 2026) — 69% Below Median


BKK:BPP-R Banpu Power PCL BKK:BPP-R
84 GF Score
Price ฿10.10
GF Value ฿10.52
! 6 Warning Signs
View Full Analysis

What is Banpu Power PCL Debt-to-EBITDA?

Banpu Power PCL BKK:BPP-R 84 Debt-to-EBITDA is 0.67 as of Mar. 2026, which is 69% below its 10-year median of 2.13. GuruFocus rates BKK:BPP-R with a GF Score™ of 84/100 and a GF Value™ of ฿10.52. The stock has 6 warning signs investors should review. Among 338 Utilities - Independent Power Producers companies, Banpu Power PCL ranks better than 80.47% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Banpu Power PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿9,268 Mil. Banpu Power PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿13,118 Mil. Banpu Power PCL's annualized EBITDA for the quarter that ended in Mar. 2026 was ฿33,547 Mil. Banpu Power PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.67.

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 Banpu Power PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:BPP-R' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.47   Med: 2.13   Max: 5.75
Current: 1.5

During the past 13 years, the highest Debt-to-EBITDA Ratio of Banpu Power PCL was 5.75. The lowest was 0.47. And the median was 2.13.

BKK:BPP-R's Debt-to-EBITDA is ranked better than
80.47% of 338 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.535 vs BKK:BPP-R: 1.50

Banpu Power PCL  (BKK:BPP-R) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Banpu Power PCL Debt-to-EBITDA Related Terms


Banpu Power PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Banpu Power PCL'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.

Banpu Power PCL Debt-to-EBITDA Chart

Banpu Power PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.42 2.55 3.66 5.75 4.76

Banpu Power PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 6.45 3.59 3.74 6.84 0.67

BKK:BPP-R vs CEG, VST, NRG: Debt-to-EBITDA Comparison

For the Utilities - Independent Power Producers subindustry, Banpu Power PCL'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.


Banpu Power PCL Debt-to-EBITDA vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Banpu Power PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Banpu Power PCL's Debt-to-EBITDA falls into.


BKK:BPP-R
84GF Score
Banpu Power PCL BKK:BPP-R
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banpu Power PCL Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Banpu Power PCL's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(10866.951 + 27341.104) / 8027.511
=4.76

Banpu Power PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9268.147 + 13118.441) / 33546.58
=0.67

* 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 four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.67 mean?
Banpu Power PCL (BKK:BPP-R) has a Debt-to-EBITDA of 0.67 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Banpu Power PCL. This is 69% below median its historical median of 2.13. Over the past decade, Banpu Power PCL's Debt-to-EBITDA has ranged from 0.47 to 5.75. According to the industry distribution chart, Banpu Power PCL ranks #66 out of 338 companies in the Utilities - Independent Power Producers industry, placing it in the top 19.5%.
Is Banpu Power PCL's Debt-to-EBITDA too high?
Banpu Power PCL's current Debt-to-EBITDA of 0.67 is 69% below median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 5.75. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.54. Banpu Power PCL's value of 0.67 is 85.2% below this industry median. Based on the distribution chart, Banpu Power PCL ranks #66 out of 338 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Banpu Power PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Banpu Power PCL's Debt-to-EBITDA compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Banpu Power PCL ranks #66 out of 338 companies for Debt-to-EBITDA. This places Banpu Power PCL in the top 20% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 4.54. Banpu Power PCL's value of 0.67 is 85.2% below this benchmark. Historically, Banpu Power PCL's own Debt-to-EBITDA has ranged from 0.47 to 5.75 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 4.54, Banpu Power PCL 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 Debt-to-EBITDA for an Utilities - Independent Power Producers company?
The median Debt-to-EBITDA among Utilities - Independent Power Producers companies is 4.54, based on 338 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. Banpu Power PCL's current Debt-to-EBITDA of 0.67 is 85.2% 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 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 Banpu Power PCL. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banpu Power PCL's current Debt-to-EBITDA is 0.67, which is 69% below median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banpu Power PCL stock overvalued right now?
Banpu Power PCL (BKK:BPP-R) has a current Debt-to-EBITDA of 0.67. The stock's GF Value™ is ฿10.52, compared to a current price of ฿10.10 — trading 4% below its estimated fair value. The current Debt-to-EBITDA is 0.67, which is 69% below median its 10-year median of 2.13 and 85.2% below the Utilities - Independent Power Producers industry median of 4.54. Banpu Power PCL's overall GF Score™ is 84/100 with 6 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 Banpu Power PCL (BKK:BPP-R), the current Debt-to-EBITDA is 0.67 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 Banpu Power PCL (BKK:BPP-R) Overvalued in 2026?

Based on GuruFocus' analysis, Banpu Power PCL stock appears to be undervalued. The current stock price of ฿10.10 is trading 4% below its estimated GF Value™ of ฿10.52.

Key valuation signals for BKK:BPP-R:

  • Debt-to-EBITDA: 0.67 (69% below median its 10-year median of 2.13)
  • GF Value™: ฿10.52 vs. price of ฿10.10 (4% below fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 85.2% below the Utilities - Independent Power Producers median (#66 of 338)

No single metric tells the full story. See the BKK:BPP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banpu Power PCL Business Description

Other Exchanges BPP:Thailand
Address 1550 New Petchburi Road, 26th Floor, Thanapoom Tower, Makkasan, Ratchathewi, Bangkok, THA, 10400
Banpu Power PCL is engaged in investments in power businesses in Thailand and overseas. The business activities of the group include the generation and sale of electricity and other related business. The company's business segments include Power+: Power generation from thermal and renewable energy sources, both domestically and internationally. Second segment being Future Tech: Battery energy storage systems, solar rooftop and floating solar systems, battery production, energy trading, e-mobility, and energy efficiency businesses. Geographically, the company has its presence in the United States which is the key revenue driver, China, and other regions.
84GF Score

Get the complete analysis for BKK:BPP-R

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

฿10.10
Price
฿10.52
GF Value