Ratch Group PCLBKK:RATCH +7.09%60 Debt-to-EBITDA is 7.49 as of Mar. 2026, which is 57% above its 10-year median of 4.77. GuruFocus rates BKK:RATCH with a GF Score™ of 60/100 and a GF Value™ of ฿27.40 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 445 Utilities - Regulated companies, Ratch Group PCL ranks worse than 80.9% 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 Ratch Group PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:RATCH'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.29 Med: 4.77 Max: 7.84
Current: 7.08
During the past 13 years, the highest Debt-to-EBITDA Ratio of Ratch Group PCL was 7.84. The lowest was 2.29. And the median was 4.77.
BKK:RATCH's Debt-to-EBITDA is ranked worse than 80.9% of 445
companies
in the Utilities - Regulated industry
Industry Median: 4.01
vs BKK:RATCH: 7.08
Ratch Group PCL (BKK:RATCH) Debt-to-EBITDA Explanation
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.
Ratch Group PCL Debt-to-EBITDA Related Terms
Ratch Group PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Ratch Group 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.
BKK:RATCH vs NEE, SO, DUK: Debt-to-EBITDA Comparison
For the Utilities - Regulated Electric subindustry, Ratch Group 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.
Ratch Group PCL Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Ratch Group PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ratch Group PCL'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 four times the quarterly (Mar. 2026) EBITDA data.
Ratch Group PCL (BKK:RATCH) has a Debt-to-EBITDA of 7.49 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 Ratch Group PCL. This is 57% above median its historical median of 4.77. Over the past decade, Ratch Group PCL's Debt-to-EBITDA has ranged from 2.29 to 7.84. According to the industry distribution chart, Ratch Group PCL ranks #360 out of 445 companies in the Utilities - Regulated industry, placing it in the top 80.9%.
Is Ratch Group PCL's Debt-to-EBITDA too high?
Ratch Group PCL's current Debt-to-EBITDA of 7.49 is 57% above median its 10-year median of 4.77. Over the past 10 years, this metric has ranged from a low of 2.29 to a high of 7.84. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. Ratch Group PCL's value of 7.49 is 86.8% above this industry median. Based on the distribution chart, Ratch Group PCL ranks #360 out of 445 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Ratch Group PCL has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ratch Group PCL's Debt-to-EBITDA compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Ratch Group PCL ranks #360 out of 445 companies for Debt-to-EBITDA. This places Ratch Group PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 4.01. Ratch Group PCL's value of 7.49 is 86.8% above this benchmark. Historically, Ratch Group PCL's own Debt-to-EBITDA has ranged from 2.29 to 7.84 over the past decade. While the company's 10-year median is 4.77 vs. the industry median of 4.01, Ratch Group 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 - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.01, based on 445 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. Ratch Group PCL's current Debt-to-EBITDA of 7.49 is 86.8% 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 Ratch Group PCL. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratch Group PCL's current Debt-to-EBITDA is 7.49, which is 57% above median its own 10-year median of 4.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratch Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Ratch Group PCL (BKK:RATCH) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿27.40, compared to a current price of ฿34.00 — trading 24.1% above its estimated fair value. The current Debt-to-EBITDA is 7.49, which is 57% above median its 10-year median of 4.77 and 86.8% above the Utilities - Regulated industry median of 4.01. Ratch Group PCL's overall GF Score™ is 60/100 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 Ratch Group PCL (BKK:RATCH), the current Debt-to-EBITDA is 7.49 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 Ratch Group PCL (BKK:RATCH) Overvalued in 2026?
Based on GuruFocus' analysis, Ratch Group PCL stock appears to be overvalued.
The current stock price of ฿34.00 is trading 24.1% above its estimated GF Value™ of ฿27.40.
GuruFocus considers Ratch Group PCL to be Modestly Overvalued.
Key valuation signals for BKK:RATCH:
Debt-to-EBITDA: 7.49 (57% above median its 10-year median of 4.77)
GF Value™: ฿27.40 vs. price of ฿34.00 (24.1% above fair value)
Industry Position: 86.8% above the Utilities - Regulated median (#360 of 445)
No single metric tells the full story. See the BKK:RATCH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ratch Group PCL is a Thailand-based holding company. The Company's principal businesses are investing in companies whose objectives are to generate and sell electricity and develop power energy projects and infrastructure projects. The Group has four operating segments: Domestic Electricity Generating, Domestic Renewable Energy, International Power Projects, and Domestic Related Business & Infrastructure. The majority of revenue is from the domestic electricity-generating segment. Geographically, the majority of income is from Thailand. Its investment is mainly focused on fossil fuel power generation projects, renewable projects, and businesses adjacent to electricity generation and energy both in Thailand & internationally.
60GF Score
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