TTW PCLBKK:TTW-R 84 Debt-to-EBITDA is 1.37 as of Mar. 2026, which is 11% below its 10-year median of 1.54. GuruFocus rates BKK:TTW-R with a GF Score™ of 84/100 and a GF Value™ of ฿8.76. The stock has 2 warning signs investors should review. Among 445 Utilities - Regulated companies, TTW PCL ranks better than 80.67% 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 TTW PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:TTW-R'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.87 Med: 1.54 Max: 3.01
Current: 1.21
During the past 13 years, the highest Debt-to-EBITDA Ratio of TTW PCL was 3.01. The lowest was 0.87. And the median was 1.54.
BKK:TTW-R's Debt-to-EBITDA is ranked better than 80.67% of 445
companies
in the Utilities - Regulated industry
Industry Median: 4.01
vs BKK:TTW-R: 1.21
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.
TTW PCL Debt-to-EBITDA Related Terms
TTW PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for TTW 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:TTW-R vs AWK, WTRG, AWR: Debt-to-EBITDA Comparison
For the Utilities - Regulated Water subindustry, TTW 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.
TTW PCL Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, TTW PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where TTW 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.
TTW PCL (BKK:TTW-R) has a Debt-to-EBITDA of 1.37 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 TTW PCL. This is 11% below median its historical median of 1.54. Over the past decade, TTW PCL's Debt-to-EBITDA has ranged from 0.87 to 3.01. According to the industry distribution chart, TTW PCL ranks #86 out of 445 companies in the Utilities - Regulated industry, placing it in the top 19.3%.
Is TTW PCL's Debt-to-EBITDA too high?
TTW PCL's current Debt-to-EBITDA of 1.37 is 11% below median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 3.01. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. TTW PCL's value of 1.37 is 65.8% below this industry median. Based on the distribution chart, TTW PCL ranks #86 out of 445 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, TTW PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does TTW PCL's Debt-to-EBITDA compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, TTW PCL ranks #86 out of 445 companies for Debt-to-EBITDA. This places TTW PCL in the top 19% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 4.01. TTW PCL's value of 1.37 is 65.8% below this benchmark. Historically, TTW PCL's own Debt-to-EBITDA has ranged from 0.87 to 3.01 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 4.01, TTW 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 - 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. TTW PCL's current Debt-to-EBITDA of 1.37 is 65.8% 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 TTW 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. TTW PCL's current Debt-to-EBITDA is 1.37, which is 11% below median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TTW PCL stock overvalued right now?
TTW PCL (BKK:TTW-R) has a current Debt-to-EBITDA of 1.37. The stock's GF Value™ is ฿8.76, compared to a current price of ฿9.19 — trading 4.9% above its estimated fair value. The current Debt-to-EBITDA is 1.37, which is 11% below median its 10-year median of 1.54 and 65.8% below the Utilities - Regulated industry median of 4.01. TTW PCL's overall GF Score™ is 84/100 with 2 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 TTW PCL (BKK:TTW-R), the current Debt-to-EBITDA is 1.37 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 TTW PCL (BKK:TTW-R) Overvalued in 2026?
Based on GuruFocus' analysis, TTW PCL stock appears to be overvalued.
The current stock price of ฿9.19 is trading 4.9% above its estimated GF Value™ of ฿8.76.
Key valuation signals for BKK:TTW-R:
Debt-to-EBITDA: 1.37 (11% below median its 10-year median of 1.54)
GF Value™: ฿8.76 vs. price of ฿9.19 (4.9% above fair value)
Industry Position: 65.8% below the Utilities - Regulated median (#86 of 445)
No single metric tells the full story. See the BKK:TTW-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TTW PCL is a Thailand-based company chiefly engaged in the production and sale of treated water to its customers, the Provincial Waterworks Authority (PWA). The company supplies water to certain southern regions of Thailand that include Nakhon Pathom and Samut Sakhon. The subsidiaries of TTW PLC provide production, sale, operation, and maintenance services. The majority of the group's revenue is derived from sales of treated water to public sector agencies, while the rest is derived from private sector agencies and other sources. Geographically, the group operates only in Thailand.
84GF Score
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