TPC Power Holding PCL (BKK:TPCH) Debt-to-EBITDA : -1.63 (As of Jun. 2026)

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BKK:TPCH TPC Power Holding PCL BKK:TPCH
57 GF Score
Price ฿1.19
GF Value ฿3.54
Valuation Possible Value Trap
! 4 Warning Signs
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What is TPC Power Holding PCL Debt-to-EBITDA?

TPC Power Holding PCL BKK:TPCH 57 Debt-to-EBITDA is -1.63 as of Jun. 2026. GuruFocus rates BKK:TPCH with a GF Score™ of 57/100 and a GF Value™ of ฿3.54 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 348 Utilities - Independent Power Producers companies, TPC Power Holding PCL ranks worse than 287356.03% on this metric.

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

TPC Power Holding PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿810 Mil. TPC Power Holding PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿1,933 Mil. TPC Power Holding PCL's annualized EBITDA for the quarter that ended in Jun. 2026 was ฿-1,687 Mil. TPC Power Holding PCL's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was -1.63.

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

BKK:TPCH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.64   Med: 4.6   Max: 7.4
Current: -8.64

During the past 13 years, the highest Debt-to-EBITDA Ratio of TPC Power Holding PCL was 7.40. The lowest was -8.64. And the median was 4.60.

BKK:TPCH's Debt-to-EBITDA is ranked worse than
100% of 348 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.85 vs BKK:TPCH: -8.64

TPC Power Holding PCL  (BKK:TPCH) 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.


TPC Power Holding PCL Debt-to-EBITDA Related Terms


TPC Power Holding PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TPC Power Holding 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.

TPC Power Holding PCL Debt-to-EBITDA Chart

TPC Power Holding 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 6.52 5.71 3.33 4.56 7.40

TPC Power Holding 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 4.84 -4.78 3.97 8.01 -1.63

TPC Power Holding PCL Debt-to-EBITDA Competitor Comparison

For the Utilities - Renewable subindustry, TPC Power Holding 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.


TPC Power Holding PCL Debt-to-EBITDA vs Utilities - Independent Power Producers Industry

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

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


BKK:TPCH
57GF Score
TPC Power Holding PCL BKK:TPCH
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TPC Power Holding PCL Debt-to-EBITDA Calculation

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

TPC Power Holding 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
=(848.389 + 2270.918) / 421.469
=7.40

TPC Power Holding 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
=(810.001 + 1933.21) / -1686.876
=-1.63

* 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 -1.63 mean?
TPC Power Holding PCL (BKK:TPCH) has a Debt-to-EBITDA of -1.63 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 TPC Power Holding PCL. According to the industry distribution chart, TPC Power Holding PCL ranks #999999 out of 348 companies in the Utilities - Independent Power Producers industry.
Is TPC Power Holding PCL's Debt-to-EBITDA too high?
TPC Power Holding PCL's current Debt-to-EBITDA is -1.63. Based on the distribution chart, TPC Power Holding PCL ranks #999999 out of 348 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, TPC Power Holding PCL has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TPC Power Holding PCL's Debt-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, TPC Power Holding PCL ranks #999999 out of 348 companies for Debt-to-EBITDA. This places TPC Power Holding PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 4.85. 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. 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 TPC Power Holding 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. TPC Power Holding PCL's current Debt-to-EBITDA is -1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPC Power Holding PCL stock overvalued right now?
Based on GuruFocus' analysis, TPC Power Holding PCL (BKK:TPCH) is currently considered Possible Value Trap. The stock's GF Value™ is ฿3.54, compared to a current price of ฿1.19 — trading 66.4% below its estimated fair value. The current Debt-to-EBITDA is -1.63. TPC Power Holding PCL's overall GF Score™ is 57/100 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 TPC Power Holding PCL (BKK:TPCH), the current Debt-to-EBITDA is -1.63 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 TPC Power Holding PCL (BKK:TPCH) Overvalued in 2026?

Based on GuruFocus' analysis, TPC Power Holding PCL stock appears to be undervalued. The current stock price of ฿1.19 is trading 66.4% below its estimated GF Value™ of ฿3.54. GuruFocus considers TPC Power Holding PCL to be Possible Value Trap.

Key valuation signals for BKK:TPCH:

  • Debt-to-EBITDA: -1.63
  • GF Value™: ฿3.54 vs. price of ฿1.19 (66.4% below fair value)
  • GF Score™: 57/100 with 4 warning signs

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


TPC Power Holding PCL Business Description

Address Prasertmanukit Road, 4/2Prasertmanukit Soi 29 Yeak 8, Chaorakhaebua, Ladprao, Bangkok, THA, 10230
TPC Power Holding PCL, along with its subsidiaries, is engaged in the business of generating and distributing electricity from various types of renewable energy sources and providing related support services. Its projects consist of the biomass power plant and other renewable power plants. The company operates in two divisions: Sale of electricity current and Sale of biogas. The majority of its revenue is generated from the sale of electricity current.
57GF Score

Get the complete analysis for BKK:TPCH

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

฿1.19
Price
฿3.54
GF Value