Earth Tech Environment PCL (BKK:ETC-R) Debt-to-EBITDA : 0.36 (As of Mar. 2026) — 93% Below Median


BKK:ETC-R Earth Tech Environment PCL BKK:ETC-R
70 GF Score
Price ฿0.68
GF Value ฿1.83
! 4 Warning Signs
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What is Earth Tech Environment PCL Debt-to-EBITDA?

Earth Tech Environment PCL BKK:ETC-R 70 Debt-to-EBITDA is 0.36 as of Mar. 2026, which is 93% below its 10-year median of 5.42. GuruFocus rates BKK:ETC-R with a GF Score™ of 70/100 and a GF Value™ of ฿1.83. The stock has 4 warning signs investors should review. Among 339 Utilities - Independent Power Producers companies, Earth Tech Environment PCL ranks better than 95.28% on this metric.

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

Earth Tech Environment PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿92.5 Mil. Earth Tech Environment PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿15.2 Mil. Earth Tech Environment PCL's annualized EBITDA for the quarter that ended in Mar. 2026 was ฿301.4 Mil. Earth Tech Environment PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.36.

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 Earth Tech Environment PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:ETC-R' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.15   Med: 5.42   Max: 8.33
Current: 0.15

During the past 8 years, the highest Debt-to-EBITDA Ratio of Earth Tech Environment PCL was 8.33. The lowest was 0.15. And the median was 5.42.

BKK:ETC-R's Debt-to-EBITDA is ranked better than
95.28% of 339 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.59 vs BKK:ETC-R: 0.15

Earth Tech Environment PCL  (BKK:ETC-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.


Earth Tech Environment PCL Debt-to-EBITDA Related Terms


Earth Tech Environment PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Earth Tech Environment 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.

Earth Tech Environment PCL Debt-to-EBITDA Chart

Earth Tech Environment PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 2.80 4.71 7.47 6.13 0.19

Earth Tech Environment 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 5.40 5.29 0.32 0.51 0.36

Earth Tech Environment PCL Debt-to-EBITDA Competitor Comparison

For the Utilities - Renewable subindustry, Earth Tech Environment 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.


Earth Tech Environment PCL Debt-to-EBITDA vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Earth Tech Environment PCL's Debt-to-EBITDA falls into.


BKK:ETC-R
70GF Score
Earth Tech Environment PCL BKK:ETC-R
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Earth Tech Environment PCL Debt-to-EBITDA Calculation

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

Earth Tech Environment 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
=(130.801 + 15.108) / 756.782
=0.19

Earth Tech Environment 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
=(92.546 + 15.183) / 301.432
=0.36

* 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 0.36 mean?
Earth Tech Environment PCL (BKK:ETC-R) has a Debt-to-EBITDA of 0.36 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 Earth Tech Environment PCL. This is 93% below median its historical median of 5.42. Over the past decade, Earth Tech Environment PCL's Debt-to-EBITDA has ranged from 0.15 to 8.33. According to the industry distribution chart, Earth Tech Environment PCL ranks #16 out of 339 companies in the Utilities - Independent Power Producers industry, placing it in the top 4.7%.
Is Earth Tech Environment PCL's Debt-to-EBITDA too high?
Earth Tech Environment PCL's current Debt-to-EBITDA of 0.36 is 93% below median its 10-year median of 5.42. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 8.33. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.59. Earth Tech Environment PCL's value of 0.36 is 92.2% below this industry median. Based on the distribution chart, Earth Tech Environment PCL ranks #16 out of 339 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Earth Tech Environment PCL has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Earth Tech Environment PCL's Debt-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Earth Tech Environment PCL ranks #16 out of 339 companies for Debt-to-EBITDA. This places Earth Tech Environment PCL in the top 5% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 4.59. Earth Tech Environment PCL's value of 0.36 is 92.2% below this benchmark. Historically, Earth Tech Environment PCL's own Debt-to-EBITDA has ranged from 0.15 to 8.33 over the past decade. While the company's 10-year median is 5.42 vs. the industry median of 4.59, Earth Tech Environment 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 4.59, 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. Earth Tech Environment PCL's current Debt-to-EBITDA of 0.36 is 92.2% 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 Earth Tech Environment PCL. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Earth Tech Environment PCL's current Debt-to-EBITDA is 0.36, which is 93% below median its own 10-year median of 5.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Earth Tech Environment PCL stock overvalued right now?
Earth Tech Environment PCL (BKK:ETC-R) has a current Debt-to-EBITDA of 0.36. The stock's GF Value™ is ฿1.83, compared to a current price of ฿0.68 — trading 63% below its estimated fair value. The current Debt-to-EBITDA is 0.36, which is 93% below median its 10-year median of 5.42 and 92.2% below the Utilities - Independent Power Producers industry median of 4.59. Earth Tech Environment PCL's overall GF Score™ is 70/100 with 4 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 Earth Tech Environment PCL (BKK:ETC-R), the current Debt-to-EBITDA is 0.36 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 Earth Tech Environment PCL (BKK:ETC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Earth Tech Environment PCL stock appears to be undervalued. The current stock price of ฿0.68 is trading 63% below its estimated GF Value™ of ฿1.83.

Key valuation signals for BKK:ETC-R:

  • Debt-to-EBITDA: 0.36 (93% below median its 10-year median of 5.42)
  • GF Value™: ฿1.83 vs. price of ฿0.68 (63% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 92.2% below the Utilities - Independent Power Producers median (#16 of 339)

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


Earth Tech Environment PCL Business Description

Other Exchanges ETC:Thailand
Address 88, 88/1, Moo. 1, Ban That Subdistrict, Kaeng Khoi District, Saraburi, Bangkok, THA, 18110
Earth Tech Environment PCL is a service provider for the production and distribution of electricity. It produces and distributes electricity from the first non-hazardous industrial materials in Thailand by using sewage or unused materials to process as fuel to produce electricity. It also provides an air quality control system, water management system, and community involvement. The company's segment includes Power business and Construction. It generates maximum revenue from the Power business segment.
70GF Score

Get the complete analysis for BKK:ETC-R

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

฿0.68
Price
฿1.83
GF Value