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Sermsang Power PCLBKK:SSP +0.41%84 Debt-to-EBITDA is 6.26 as of Mar. 2026, which is 9% below its 10-year median of 6.85. GuruFocus rates BKK:SSP with a GF Score™ of 84/100 and a GF Value™ of ฿5.86 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 348 Utilities - Independent Power Producers companies, Sermsang Power PCL ranks worse than 68.1% 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 Sermsang Power PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:SSP'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.44 Med: 6.85 Max: 9.2
Current: 7.59
During the past 12 years, the highest Debt-to-EBITDA Ratio of Sermsang Power PCL was 9.20. The lowest was 4.44. And the median was 6.85.
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.
Sermsang Power PCL Debt-to-EBITDA Related Terms
Sermsang Power PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Sermsang 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.
Sermsang Power PCL Debt-to-EBITDA Competitor Comparison
For the Utilities - Renewable subindustry, Sermsang 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.
Sermsang Power PCL Debt-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Sermsang Power PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Sermsang Power 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.
Sermsang Power PCL (BKK:SSP) has a Debt-to-EBITDA of 6.26 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 Sermsang Power PCL. This is near median its historical median of 6.85. Over the past decade, Sermsang Power PCL's Debt-to-EBITDA has ranged from 4.44 to 9.20. According to the industry distribution chart, Sermsang Power PCL ranks #237 out of 348 companies in the Utilities - Independent Power Producers industry, placing it in the top 68.1%.
Is Sermsang Power PCL's Debt-to-EBITDA too high?
Sermsang Power PCL's current Debt-to-EBITDA of 6.26 is near median its 10-year median of 6.85. Over the past 10 years, this metric has ranged from a low of 4.44 to a high of 9.20. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.85. Sermsang Power PCL's value of 6.26 is 29.1% above this industry median. Based on the distribution chart, Sermsang Power PCL ranks #237 out of 348 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Sermsang Power PCL has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sermsang Power PCL's Debt-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Sermsang Power PCL ranks #237 out of 348 companies for Debt-to-EBITDA. This places Sermsang Power PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 4.85. Sermsang Power PCL's value of 6.26 is 29.1% above this benchmark. Historically, Sermsang Power PCL's own Debt-to-EBITDA has ranged from 4.44 to 9.20 over the past decade. While the company's 10-year median is 6.85 vs. the industry median of 4.85, Sermsang 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 4.85, 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. Sermsang Power PCL's current Debt-to-EBITDA of 6.26 is 29.1% 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 Sermsang Power PCL. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sermsang Power PCL's current Debt-to-EBITDA is 6.26, which is near median its own 10-year median of 6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sermsang Power PCL stock overvalued right now?
Based on GuruFocus' analysis, Sermsang Power PCL (BKK:SSP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿5.86, compared to a current price of ฿4.92 — trading 16% below its estimated fair value. The current Debt-to-EBITDA is 6.26, which is near median its 10-year median of 6.85 and 29.1% above the Utilities - Independent Power Producers industry median of 4.85. Sermsang Power PCL's overall GF Score™ is 84/100 with 11 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 Sermsang Power PCL (BKK:SSP), the current Debt-to-EBITDA is 6.26 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 Sermsang Power PCL (BKK:SSP) Overvalued in 2026?
Based on GuruFocus' analysis, Sermsang Power PCL stock appears to be undervalued.
The current stock price of ฿4.92 is trading 16% below its estimated GF Value™ of ฿5.86.
GuruFocus considers Sermsang Power PCL to be Modestly Undervalued.
Key valuation signals for BKK:SSP:
Debt-to-EBITDA: 6.26 (near median its 10-year median of 6.85)
GF Value™: ฿5.86 vs. price of ฿4.92 (16% below fair value)
Industry Position: 29.1% above the Utilities - Independent Power Producers median (#237 of 348)
No single metric tells the full story. See the BKK:SSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sermsang Power Corporation PCL is engaged in investment, consultancy, and the provision of services for energy businesses to related parties. The company's operating segments are the production and distribution of electricity from solar plants, Electricity distribution, and installation services relating to the solar roof system, Production and distribution of electricity from wind power plants, Production and distribution of electricity from biomass, and others. The firm generates a majority of its revenue from the Production and distribution of electricity from the solar power plants segment. Geographically, the company generates a majority share of the revenue from Thailand.
84GF Score
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