Canadian UtilitiesCDUAF -0.32%73 Debt-to-EBITDA is 4.90 as of Mar. 2026, which is 11% below its 10-year median of 5.49. GuruFocus rates CDUAF with a GF Score™ of 73/100 and a GF Value™ of $26.24 (Significantly Overvalued). The stock has 14 warning signs investors should review. Among 447 Utilities - Regulated companies, Canadian Utilities ranks worse than 74.5% 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 Canadian Utilities's Debt-to-EBITDA or its related term are showing as below:
CDUAF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.35 Med: 5.49 Max: 6.18
Current: 6.04
During the past 13 years, the highest Debt-to-EBITDA Ratio of Canadian Utilities was 6.18. The lowest was 4.35. And the median was 5.49.
CDUAF's Debt-to-EBITDA is ranked worse than 74.5% of 447
companies
in the Utilities - Regulated industry
Industry Median: 4.01
vs CDUAF: 6.04
Canadian Utilities (OTCPK:CDUAF) 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.
Canadian Utilities Debt-to-EBITDA Related Terms
Canadian Utilities Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Canadian Utilities'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.
For the Utilities - Diversified subindustry, Canadian Utilities'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.
Canadian Utilities Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Canadian Utilities's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Canadian Utilities'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.
Canadian Utilities (CDUAF) has a Debt-to-EBITDA of 4.90 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 Canadian Utilities. This is 11% below median its historical median of 5.49. Over the past decade, Canadian Utilities' Debt-to-EBITDA has ranged from 4.35 to 6.18. According to the industry distribution chart, Canadian Utilities ranks #333 out of 447 companies in the Utilities - Regulated industry, placing it in the top 74.5%.
Is Canadian Utilities' Debt-to-EBITDA too high?
Canadian Utilities' current Debt-to-EBITDA of 4.90 is 11% below median its 10-year median of 5.49. Over the past 10 years, this metric has ranged from a low of 4.35 to a high of 6.18. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. Canadian Utilities' value of 4.90 is 22.2% above this industry median. Based on the distribution chart, Canadian Utilities ranks #333 out of 447 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Canadian Utilities has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Utilities' Debt-to-EBITDA compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Canadian Utilities ranks #333 out of 447 companies for Debt-to-EBITDA. This places Canadian Utilities in the lower half of its industry. The industry median Debt-to-EBITDA is 4.01. Canadian Utilities' value of 4.90 is 22.2% above this benchmark. Historically, Canadian Utilities' own Debt-to-EBITDA has ranged from 4.35 to 6.18 over the past decade. While the company's 10-year median is 5.49 vs. the industry median of 4.01, Canadian Utilities 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 447 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. Canadian Utilities's current Debt-to-EBITDA of 4.90 is 22.2% 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 Canadian Utilities. 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. Canadian Utilities's current Debt-to-EBITDA is 4.90, which is 11% below median its own 10-year median of 5.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Utilities stock overvalued right now?
Based on GuruFocus' analysis, Canadian Utilities (CDUAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.24, compared to a current price of $37.02 — trading 41.1% above its estimated fair value. The current Debt-to-EBITDA is 4.90, which is 11% below median its 10-year median of 5.49 and 22.2% above the Utilities - Regulated industry median of 4.01. Canadian Utilities' overall GF Score™ is 73/100 with 14 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 Canadian Utilities (CDUAF), the current Debt-to-EBITDA is 4.90 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 Canadian Utilities (CDUAF) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Utilities stock appears to be overvalued.
The current stock price of $37.02 is trading 41.1% above its estimated GF Value™ of $26.24.
GuruFocus considers Canadian Utilities to be Significantly Overvalued.
Key valuation signals for CDUAF:
Debt-to-EBITDA: 4.90 (11% below median its 10-year median of 5.49)
GF Value™: $26.24 vs. price of $37.02 (41.1% above fair value)
Industry Position: 22.2% above the Utilities - Regulated median (#333 of 447)
No single metric tells the full story. See the CDUAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company is engaged in segments that include ATCO Energy Systems, ATCO EnPower, ATCO Australia, and Corporate & Other. Headquartered in Calgary, Alberta, the firm mainly operates in Canada, Australia, and others. The company generates maximum revenue from Canada. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.
73GF Score
Get the complete analysis for CDUAF
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