CGN Power Co (FRA:94C) Debt-to-EBITDA : 18.20 (As of Dec. 2025) — 111% Above Median

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FRA:94C CGN Power Co Ltd FRA:94C
71 GF Score
Price €0.28
GF Value €0.27
! 7 Warning Signs
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What is CGN Power Co Debt-to-EBITDA?

CGN Power Co FRA:94C 71 Debt-to-EBITDA is 18.20 as of Dec. 2025, which is 111% above its 10-year median of 8.64. GuruFocus rates FRA:94C with a GF Score™ of 71/100 and a GF Value™ of €0.27. The stock has 7 warning signs investors should review. Among 343 Utilities - Independent Power Producers companies, CGN Power Co ranks worse than 85.13% on this metric.

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

CGN Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €9,678 Mil. CGN Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €24,326 Mil. CGN Power Co's annualized EBITDA for the quarter that ended in Dec. 2025 was €1,868 Mil. CGN Power Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 18.20.

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 CGN Power Co's Debt-to-EBITDA or its related term are showing as below:

FRA:94C' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 7.81   Med: 8.64   Max: 11.99
Current: 11.99

During the past 13 years, the highest Debt-to-EBITDA Ratio of CGN Power Co was 11.99. The lowest was 7.81. And the median was 8.64.

FRA:94C's Debt-to-EBITDA is ranked worse than
85.13% of 343 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.69 vs FRA:94C: 11.99

CGN Power Co  (FRA:94C) 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.


CGN Power Co Debt-to-EBITDA Related Terms


CGN Power Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CGN Power Co'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.

CGN Power Co Debt-to-EBITDA Chart

CGN Power Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.28 8.13 7.81 8.91 11.81

CGN Power Co Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 13.34 6.86 7.96 8.39 18.20

FRA:94C vs CEG, VST, NRG: Debt-to-EBITDA Comparison

For the Utilities - Independent Power Producers subindustry, CGN Power Co'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.


CGN Power Co Debt-to-EBITDA vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CGN Power Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where CGN Power Co's Debt-to-EBITDA falls into.


FRA:94C
71GF Score
CGN Power Co Ltd FRA:94C
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CGN Power Co Debt-to-EBITDA Calculation

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

CGN Power Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9677.802 + 24326.302) / 2878.842
=11.81

CGN Power Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9677.802 + 24326.302) / 1868.46
=18.20

* 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 (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 18.20 mean?
CGN Power Co (FRA:94C) has a Debt-to-EBITDA of 18.20 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on CGN Power Co. This is 111% above median its historical median of 8.64. Over the past decade, CGN Power Co's Debt-to-EBITDA has ranged from 7.81 to 11.99. According to the industry distribution chart, CGN Power Co ranks #292 out of 343 companies in the Utilities - Independent Power Producers industry, placing it in the top 85.1%.
Is CGN Power Co's Debt-to-EBITDA too high?
CGN Power Co's current Debt-to-EBITDA of 18.20 is 111% above median its 10-year median of 8.64. Over the past 10 years, this metric has ranged from a low of 7.81 to a high of 11.99. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.69. CGN Power Co's value of 18.20 is 288.1% above this industry median. Based on the distribution chart, CGN Power Co ranks #292 out of 343 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, CGN Power Co has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does CGN Power Co's Debt-to-EBITDA compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, CGN Power Co ranks #292 out of 343 companies for Debt-to-EBITDA. This places CGN Power Co in the lower half of its industry. The industry median Debt-to-EBITDA is 4.69. CGN Power Co's value of 18.20 is 288.1% above this benchmark. Historically, CGN Power Co's own Debt-to-EBITDA has ranged from 7.81 to 11.99 over the past decade. While the company's 10-year median is 8.64 vs. the industry median of 4.69, CGN Power Co 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 4.69, based on 343 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. CGN Power Co's current Debt-to-EBITDA of 18.20 is 288.1% 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 CGN Power Co. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CGN Power Co's current Debt-to-EBITDA is 18.20, which is 111% above median its own 10-year median of 8.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CGN Power Co stock overvalued right now?
CGN Power Co (FRA:94C) has a current Debt-to-EBITDA of 18.20. The stock's GF Value™ is €0.27, compared to a current price of €0.28 — trading 3.7% above its estimated fair value. The current Debt-to-EBITDA is 18.20, which is 111% above median its 10-year median of 8.64 and 288.1% above the Utilities - Independent Power Producers industry median of 4.69. CGN Power Co's overall GF Score™ is 71/100 with 7 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 CGN Power Co (FRA:94C), the current Debt-to-EBITDA is 18.20 as of Dec. 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 CGN Power Co (FRA:94C) Overvalued in 2026?

Based on GuruFocus' analysis, CGN Power Co stock appears to be overvalued. The current stock price of €0.28 is trading 3.7% above its estimated GF Value™ of €0.27.

Key valuation signals for FRA:94C:

  • Debt-to-EBITDA: 18.20 (111% above median its 10-year median of 8.64)
  • GF Value™: €0.27 vs. price of €0.28 (3.7% above fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 288.1% above the Utilities - Independent Power Producers median (#292 of 343)

No single metric tells the full story. See the FRA:94C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CGN Power Co Business Description

Other Exchanges 01816:Hong Kong003816:China
Address No. 2002 Shennan Road, 18th Floor, South Tower, CGN Building, Futian District, Guangdong Province, Shenzhen, CHN, 518026
CGN Power is a nuclear power producer in China. It operates 28 nuclear power generating units (total installed capacity of 31.8 gigawatts), with 14 units in Guangdong and the rest in Guangxi, Fujian, and Liaoning provinces as of end-2025. State-owned China General Nuclear Power, controls about 58.9% of CGN Power.
71GF Score

Get the complete analysis for FRA:94C

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

€0.28
Price
€0.27
GF Value