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KogeneracjaFRA:2ZO -1.30%82 Debt-to-EBITDA is 0.30 as of Mar. 2026, which is 30% above its 10-year median of 0.23. GuruFocus rates FRA:2ZO with a GF Score™ of 82/100 and a GF Value™ of €12.93 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 447 Utilities - Regulated companies, Kogeneracja ranks better than 87.7% 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 Kogeneracja's Debt-to-EBITDA or its related term are showing as below:
FRA:2ZO'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.16 Med: 0.23 Max: 0.9
Current: 0.54
During the past 13 years, the highest Debt-to-EBITDA Ratio of Kogeneracja was 0.90. The lowest was 0.16. And the median was 0.23.
FRA:2ZO's Debt-to-EBITDA is ranked better than 87.7% of 447
companies
in the Utilities - Regulated industry
Industry Median: 3.97
vs FRA:2ZO: 0.54
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.
Kogeneracja Debt-to-EBITDA Related Terms
Kogeneracja Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Kogeneracja'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.
FRA:2ZO vs NEE, SO, DUK: Debt-to-EBITDA Comparison
For the Utilities - Regulated Electric subindustry, Kogeneracja'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.
Kogeneracja Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Kogeneracja's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Kogeneracja'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.
Kogeneracja (FRA:2ZO) has a Debt-to-EBITDA of 0.30 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 Kogeneracja. This is 30% above median its historical median of 0.23. Over the past decade, Kogeneracja's Debt-to-EBITDA has ranged from 0.16 to 0.90. According to the industry distribution chart, Kogeneracja ranks #55 out of 447 companies in the Utilities - Regulated industry, placing it in the top 12.3%.
Is Kogeneracja's Debt-to-EBITDA too high?
Kogeneracja's current Debt-to-EBITDA of 0.30 is 30% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.90. The Utilities - Regulated industry median Debt-to-EBITDA is 3.97. Kogeneracja's value of 0.30 is 92.4% below this industry median. Based on the distribution chart, Kogeneracja ranks #55 out of 447 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Kogeneracja has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kogeneracja's Debt-to-EBITDA compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Kogeneracja ranks #55 out of 447 companies for Debt-to-EBITDA. This places Kogeneracja in the top 12% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 3.97. Kogeneracja's value of 0.30 is 92.4% below this benchmark. Historically, Kogeneracja's own Debt-to-EBITDA has ranged from 0.16 to 0.90 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 3.97, Kogeneracja 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 3.97, 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. Kogeneracja's current Debt-to-EBITDA of 0.30 is 92.4% 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 Kogeneracja. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kogeneracja's current Debt-to-EBITDA is 0.30, which is 30% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kogeneracja stock overvalued right now?
Based on GuruFocus' analysis, Kogeneracja (FRA:2ZO) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.93, compared to a current price of €15.18 — trading 17.4% above its estimated fair value. The current Debt-to-EBITDA is 0.30, which is 30% above median its 10-year median of 0.23 and 92.4% below the Utilities - Regulated industry median of 3.97. Kogeneracja's overall GF Score™ is 82/100 with 3 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 Kogeneracja (FRA:2ZO), the current Debt-to-EBITDA is 0.30 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 Kogeneracja (FRA:2ZO) Overvalued in 2026?
Based on GuruFocus' analysis, Kogeneracja stock appears to be overvalued.
The current stock price of €15.18 is trading 17.4% above its estimated GF Value™ of €12.93.
GuruFocus considers Kogeneracja to be Modestly Overvalued.
Key valuation signals for FRA:2ZO:
Debt-to-EBITDA: 0.30 (30% above median its 10-year median of 0.23)
GF Value™: €12.93 vs. price of €15.18 (17.4% above fair value)
Industry Position: 92.4% below the Utilities - Regulated median (#55 of 447)
No single metric tells the full story. See the FRA:2ZO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kogeneracja SA through its subsidiaries is engaged in the production of electricity and heating. The products and services of the company include District heating, New-generation network heat, Electricity, and Energy Services. Its production plants include Elektrocieplownia Wroclaw, Elektrocieplownia Czechnica and Elektrocieplownia Zawidawie.
82GF Score
Get the complete analysis for FRA:2ZO
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