CWAFF (China Water Affairs Group) Debt-to-EBITDA : 7.93 (As of Sep. 2025) — 88% Above Median

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CWAFF China Water Affairs Group Ltd CWAFF
40 GF Score
Price $0.62
GF Value $0.57
Valuation Fairly Valued
! 10 Warning Signs
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What is China Water Affairs Group Debt-to-EBITDA?

China Water Affairs Group CWAFF 40 Debt-to-EBITDA is 7.93 as of Sep. 2025, which is 88% above its 10-year median of 4.22. GuruFocus rates CWAFF with a GF Score™ of 40/100 and a GF Value™ of $0.57 (Fairly Valued). The stock has 10 warning signs investors should review. Among 450 Utilities - Regulated companies, China Water Affairs Group ranks worse than 86% on this metric.

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

China Water Affairs Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $1,040 Mil. China Water Affairs Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $2,160 Mil. China Water Affairs Group's annualized EBITDA for the quarter that ended in Sep. 2025 was $403 Mil. China Water Affairs Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 was 7.93.

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 China Water Affairs Group's Debt-to-EBITDA or its related term are showing as below:

CWAFF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.45   Med: 4.22   Max: 8.79
Current: 8.79

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Water Affairs Group was 8.79. The lowest was 3.45. And the median was 4.22.

CWAFF's Debt-to-EBITDA is ranked worse than
86% of 450 companies
in the Utilities - Regulated industry
Industry Median: 3.99 vs CWAFF: 8.79

China Water Affairs Group  (OTCPK:CWAFF) 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.


China Water Affairs Group Debt-to-EBITDA Related Terms


China Water Affairs Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for China Water Affairs Group'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.

China Water Affairs Group Debt-to-EBITDA Chart

China Water Affairs Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.22 4.23 4.90 5.43 8.79

China Water Affairs Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 6.55 6.32 8.37 7.93 9.11

CWAFF vs AWK, WTRG, AWR: Debt-to-EBITDA Comparison

For the Utilities - Regulated Water subindustry, China Water Affairs Group'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.


China Water Affairs Group Debt-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Water Affairs Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Water Affairs Group's Debt-to-EBITDA falls into.


CWAFF
40GF Score
China Water Affairs Group Ltd CWAFF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Water Affairs Group Debt-to-EBITDA Calculation

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

China Water Affairs Group's Debt-to-EBITDA for the fiscal year that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(744.011 + 2554.742) / 607.247
=5.43

China Water Affairs Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1039.594 + 2160.264) / 403.31
=7.93

* 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 two times the quarterly (Sep. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 7.93 mean?
China Water Affairs Group (CWAFF) has a Debt-to-EBITDA of 7.93 as of Sep. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on China Water Affairs Group. This is 88% above median its historical median of 4.22. Over the past decade, China Water Affairs Group's Debt-to-EBITDA has ranged from 3.45 to 8.79. According to the industry distribution chart, China Water Affairs Group ranks #387 out of 450 companies in the Utilities - Regulated industry, placing it in the top 86%.
Is China Water Affairs Group's Debt-to-EBITDA too high?
China Water Affairs Group's current Debt-to-EBITDA of 7.93 is 88% above median its 10-year median of 4.22. Over the past 10 years, this metric has ranged from a low of 3.45 to a high of 8.79. The Utilities - Regulated industry median Debt-to-EBITDA is 3.99. China Water Affairs Group's value of 7.93 is 98.7% above this industry median. Based on the distribution chart, China Water Affairs Group ranks #387 out of 450 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, China Water Affairs Group has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Water Affairs Group's Debt-to-EBITDA compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, China Water Affairs Group ranks #387 out of 450 companies for Debt-to-EBITDA. This places China Water Affairs Group in the lower half of its industry. The industry median Debt-to-EBITDA is 3.99. China Water Affairs Group's value of 7.93 is 98.7% above this benchmark. Historically, China Water Affairs Group's own Debt-to-EBITDA has ranged from 3.45 to 8.79 over the past decade. While the company's 10-year median is 4.22 vs. the industry median of 3.99, China Water Affairs Group 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 3.99, based on 450 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. China Water Affairs Group's current Debt-to-EBITDA of 7.93 is 98.7% 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 China Water Affairs Group. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 3.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Water Affairs Group's current Debt-to-EBITDA is 7.93, which is 88% above median its own 10-year median of 4.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Water Affairs Group stock overvalued right now?
Based on GuruFocus' analysis, China Water Affairs Group (CWAFF) is currently considered Fairly Valued. The stock's GF Value™ is $0.57, compared to a current price of $0.62 — trading 8.8% above its estimated fair value. The current Debt-to-EBITDA is 7.93, which is 88% above median its 10-year median of 4.22 and 98.7% above the Utilities - Regulated industry median of 3.99. China Water Affairs Group's overall GF Score™ is 40/100 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 China Water Affairs Group (CWAFF), the current Debt-to-EBITDA is 7.93 as of Sep. 2025. 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 China Water Affairs Group (CWAFF) Overvalued in 2026?

Based on GuruFocus' analysis, China Water Affairs Group stock appears to be overvalued. The current stock price of $0.62 is trading 8.8% above its estimated GF Value™ of $0.57. GuruFocus considers China Water Affairs Group to be Fairly Valued.

Key valuation signals for CWAFF:

  • Debt-to-EBITDA: 7.93 (88% above median its 10-year median of 4.22)
  • GF Value™: $0.57 vs. price of $0.62 (8.8% above fair value)
  • GF Score™: 40/100 with 10 warning signs
  • Industry Position: 98.7% above the Utilities - Regulated median (#387 of 450)

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


China Water Affairs Group Business Description

Other Exchanges 00855:Hong KongCUBB:Germany
Address 18 Harbour Road, Central Plaza, Suite 6408, 64th Floor, Wanchai, Hong Kong, HKG
China Water Affairs Group Ltd is a Chinese water utility company that builds, operates, and invests in water affairs projects in China. The firm's primary segments include City water supply operation, main contractor construction, Environmental protection, and Pipeline direct drinking water supply. It generates a majority of its revenue from the City water supply operation segment. Geographically, the company generates a maximum share of its revenue from the People's Republic of China.
40GF Score

Get the complete analysis for CWAFF

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

$0.62
Price
$0.57
GF Value