CK Power PCL (BKK:CKP) Debt-to-EBITDA : 8.27 (As of Jun. 2026) — 39% Above Median

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BKK:CKP CK Power PCL BKK:CKP
72 GF Score
Price ฿2.58
GF Value ฿2.72
Valuation Fairly Valued
! 8 Warning Signs
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What is CK Power PCL Debt-to-EBITDA?

CK Power PCL BKK:CKP 72 Debt-to-EBITDA is 8.27 as of Jun. 2026, which is 39% above its 10-year median of 5.96. GuruFocus rates BKK:CKP with a GF Score™ of 72/100 and a GF Value™ of ฿2.72 (Fairly Valued). The stock has 8 warning signs investors should review. Among 348 Utilities - Independent Power Producers companies, CK Power PCL ranks worse than 51.15% on this metric.

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

CK Power PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿4,327 Mil. CK Power PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿29,106 Mil. CK Power PCL's annualized EBITDA for the quarter that ended in Jun. 2026 was ฿4,044 Mil. CK Power PCL's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 8.27.

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

BKK:CKP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.54   Med: 5.96   Max: 9.48
Current: 5.1

During the past 13 years, the highest Debt-to-EBITDA Ratio of CK Power PCL was 9.48. The lowest was 4.54. And the median was 5.96.

BKK:CKP's Debt-to-EBITDA is ranked worse than
51.15% of 348 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.96 vs BKK:CKP: 5.10

CK Power PCL  (BKK:CKP) 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.


CK Power PCL Debt-to-EBITDA Related Terms


CK Power PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CK 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.

CK Power PCL Debt-to-EBITDA Chart

CK 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 5.28 5.05 5.51 5.51 4.54

CK Power PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.08 3.18 4.43 7.28 8.27

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

For the Utilities - Independent Power Producers subindustry, CK 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.


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

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

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


BKK:CKP
72GF Score
CK Power PCL BKK:CKP
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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CK Power PCL Debt-to-EBITDA Calculation

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

CK 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
=(5451.695 + 26901.147) / 7122.616
=4.54

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4327.124 + 29106.36) / 4044.352
=8.27

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 8.27 mean?
CK Power PCL (BKK:CKP) has a Debt-to-EBITDA of 8.27 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on CK Power PCL. This is 39% above median its historical median of 5.96. Over the past decade, CK Power PCL's Debt-to-EBITDA has ranged from 4.54 to 9.48. According to the industry distribution chart, CK Power PCL ranks #178 out of 348 companies in the Utilities - Independent Power Producers industry, placing it in the top 51.1%.
Is CK Power PCL's Debt-to-EBITDA too high?
CK Power PCL's current Debt-to-EBITDA of 8.27 is 39% above median its 10-year median of 5.96. Over the past 10 years, this metric has ranged from a low of 4.54 to a high of 9.48. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.96. CK Power PCL's value of 8.27 is 66.7% above this industry median. Based on the distribution chart, CK Power PCL ranks #178 out of 348 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, CK Power PCL has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CK Power PCL's Debt-to-EBITDA compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, CK Power PCL ranks #178 out of 348 companies for Debt-to-EBITDA. This places CK Power PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 4.96. CK Power PCL's value of 8.27 is 66.7% above this benchmark. Historically, CK Power PCL's own Debt-to-EBITDA has ranged from 4.54 to 9.48 over the past decade. While the company's 10-year median is 5.96 vs. the industry median of 4.96, CK Power PCL 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 4.96, based on 348 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. CK Power PCL's current Debt-to-EBITDA of 8.27 is 66.7% 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 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 CK Power PCL. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CK Power PCL's current Debt-to-EBITDA is 8.27, which is 39% above median its own 10-year median of 5.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CK Power PCL stock overvalued right now?
Based on GuruFocus' analysis, CK Power PCL (BKK:CKP) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.72, compared to a current price of ฿2.58 — trading 5.1% below its estimated fair value. The current Debt-to-EBITDA is 8.27, which is 39% above median its 10-year median of 5.96 and 66.7% above the Utilities - Independent Power Producers industry median of 4.96. CK Power PCL's overall GF Score™ is 72/100 with 8 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 CK Power PCL (BKK:CKP), the current Debt-to-EBITDA is 8.27 as of Jun. 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 CK Power PCL (BKK:CKP) Overvalued in 2026?

Based on GuruFocus' analysis, CK Power PCL stock appears to be undervalued. The current stock price of ฿2.58 is trading 5.1% below its estimated GF Value™ of ฿2.72. GuruFocus considers CK Power PCL to be Fairly Valued.

Key valuation signals for BKK:CKP:

  • Debt-to-EBITDA: 8.27 (39% above median its 10-year median of 5.96)
  • GF Value™: ฿2.72 vs. price of ฿2.58 (5.1% below fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 66.7% above the Utilities - Independent Power Producers median (#178 of 348)

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


CK Power PCL Business Description

Address Sutthisarn Road, No. 587 Viriyathavorn Building, 19th Floor, Kwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400
CK Power PCL principally engaged in investment in companies, whose principal business operation is the generation of electricity for sales, and provision of consulting services and other services relating to electricity generating projects both locally and overseas. The company's business segments are: generation of electricity from hydroelectric power, generation of electricity from solar power, and generation of electricity from thermal power, and other segments. The majority of revenue is from generation of electricity from thermal power.
72GF Score

Get the complete analysis for BKK:CKP

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

฿2.58
Price
฿2.72
GF Value