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TPI Polene Power PCLBKK:TPIPP -1.65%69 Debt-to-EBITDA is 10.00 as of Mar. 2026, which is 232% above its 10-year median of 3.01. GuruFocus rates BKK:TPIPP with a GF Score™ of 69/100 and a GF Value™ of ฿2.34 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 344 Utilities - Independent Power Producers companies, TPI Polene Power PCL ranks worse than 76.45% 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 TPI Polene Power PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:TPIPP'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.92 Med: 3.01 Max: 8.8
Current: 8.8
During the past 12 years, the highest Debt-to-EBITDA Ratio of TPI Polene Power PCL was 8.80. The lowest was 0.92. And the median was 3.01.
BKK:TPIPP's Debt-to-EBITDA is ranked worse than 76.45% of 344
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.675
vs BKK:TPIPP: 8.80
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.
TPI Polene Power PCL Debt-to-EBITDA Related Terms
TPI Polene Power PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for TPI Polene 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.
TPI Polene Power PCL Debt-to-EBITDA Competitor Comparison
For the Utilities - Renewable subindustry, TPI Polene 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.
TPI Polene Power PCL Debt-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, TPI Polene Power PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where TPI Polene 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.
TPI Polene Power PCL (BKK:TPIPP) has a Debt-to-EBITDA of 10.00 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 TPI Polene Power PCL. This is 232% above median its historical median of 3.01. Over the past decade, TPI Polene Power PCL's Debt-to-EBITDA has ranged from 0.92 to 8.80. According to the industry distribution chart, TPI Polene Power PCL ranks #263 out of 344 companies in the Utilities - Independent Power Producers industry, placing it in the top 76.5%.
Is TPI Polene Power PCL's Debt-to-EBITDA too high?
TPI Polene Power PCL's current Debt-to-EBITDA of 10.00 is 232% above median its 10-year median of 3.01. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 8.80. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.68. TPI Polene Power PCL's value of 10.00 is 113.9% above this industry median. Based on the distribution chart, TPI Polene Power PCL ranks #263 out of 344 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, TPI Polene Power PCL has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TPI Polene Power PCL's Debt-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, TPI Polene Power PCL ranks #263 out of 344 companies for Debt-to-EBITDA. This places TPI Polene Power PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 4.68. TPI Polene Power PCL's value of 10.00 is 113.9% above this benchmark. Historically, TPI Polene Power PCL's own Debt-to-EBITDA has ranged from 0.92 to 8.80 over the past decade. While the company's 10-year median is 3.01 vs. the industry median of 4.68, TPI Polene 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 4.68, based on 344 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. TPI Polene Power PCL's current Debt-to-EBITDA of 10.00 is 113.9% 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 TPI Polene Power PCL. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPI Polene Power PCL's current Debt-to-EBITDA is 10.00, which is 232% above median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPI Polene Power PCL stock overvalued right now?
Based on GuruFocus' analysis, TPI Polene Power PCL (BKK:TPIPP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.34, compared to a current price of ฿1.79 — trading 23.5% below its estimated fair value. The current Debt-to-EBITDA is 10.00, which is 232% above median its 10-year median of 3.01 and 113.9% above the Utilities - Independent Power Producers industry median of 4.68. TPI Polene Power PCL's overall GF Score™ is 69/100 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 TPI Polene Power PCL (BKK:TPIPP), the current Debt-to-EBITDA is 10.00 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 TPI Polene Power PCL (BKK:TPIPP) Overvalued in 2026?
Based on GuruFocus' analysis, TPI Polene Power PCL stock appears to be undervalued.
The current stock price of ฿1.79 is trading 23.5% below its estimated GF Value™ of ฿2.34.
GuruFocus considers TPI Polene Power PCL to be Modestly Undervalued.
Key valuation signals for BKK:TPIPP:
Debt-to-EBITDA: 10.00 (232% above median its 10-year median of 3.01)
GF Value™: ฿2.34 vs. price of ฿1.79 (23.5% below fair value)
Industry Position: 113.9% above the Utilities - Independent Power Producers median (#263 of 344)
No single metric tells the full story. See the BKK:TPIPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TPI Polene Power PCL is engaged in manufacturing and distributing electricity and refuse-derived fuel, organics waste, and distributing diesel and natural gas. The company is engaged in two segments which are Energy and utilities, Petrol and gas stations. It derives maximum revenue from Energy & Utilities segment. Geographically, the company operates in Thailand.
69GF Score
Get the complete analysis for BKK:TPIPP
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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