Tian Lun Gas Holdings (FRA:TLJ) Debt-to-EBITDA : 32.26 (As of Dec. 2025) — 635% Above Median

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FRA:TLJ Tian Lun Gas Holdings Ltd FRA:TLJ
71 GF Score
Price €0.28
GF Value €0.41
! 4 Warning Signs
View Full Analysis

What is Tian Lun Gas Holdings Debt-to-EBITDA?

Tian Lun Gas Holdings FRA:TLJ 71 Debt-to-EBITDA is 32.26 as of Dec. 2025, which is 635% above its 10-year median of 4.39. GuruFocus rates FRA:TLJ with a GF Score™ of 71/100 and a GF Value™ of €0.41. The stock has 4 warning signs investors should review. Among 449 Utilities - Regulated companies, Tian Lun Gas Holdings ranks worse than 93.32% on this metric.

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

Tian Lun Gas Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €237.0 Mil. Tian Lun Gas Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €598.5 Mil. Tian Lun Gas Holdings's annualized EBITDA for the quarter that ended in Dec. 2025 was €25.9 Mil. Tian Lun Gas Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 32.26.

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 Tian Lun Gas Holdings's Debt-to-EBITDA or its related term are showing as below:

FRA:TLJ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.62   Med: 4.39   Max: 14.56
Current: 14.56

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tian Lun Gas Holdings was 14.56. The lowest was 2.62. And the median was 4.39.

FRA:TLJ's Debt-to-EBITDA is ranked worse than
93.32% of 449 companies
in the Utilities - Regulated industry
Industry Median: 4.04 vs FRA:TLJ: 14.56

Tian Lun Gas Holdings  (FRA:TLJ) 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.


Tian Lun Gas Holdings Debt-to-EBITDA Related Terms


Tian Lun Gas Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tian Lun Gas Holdings'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.

Tian Lun Gas Holdings Debt-to-EBITDA Chart

Tian Lun Gas Holdings 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 3.29 5.41 4.66 5.52 8.03

Tian Lun Gas Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 5.35 9.50 7.02 10.15 32.26

FRA:TLJ vs ATO, NI: Debt-to-EBITDA Comparison

For the Utilities - Regulated Gas subindustry, Tian Lun Gas Holdings'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.


Tian Lun Gas Holdings Debt-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tian Lun Gas Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tian Lun Gas Holdings's Debt-to-EBITDA falls into.


FRA:TLJ
71GF Score
Tian Lun Gas Holdings Ltd FRA:TLJ
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tian Lun Gas Holdings Debt-to-EBITDA Calculation

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

Tian Lun Gas Holdings'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
=(236.968 + 598.522) / 104.037
=8.03

Tian Lun Gas Holdings'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
=(236.968 + 598.522) / 25.896
=32.26

* 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 (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 32.26 mean?
Tian Lun Gas Holdings (FRA:TLJ) has a Debt-to-EBITDA of 32.26 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 Tian Lun Gas Holdings. This is 635% above median its historical median of 4.39. Over the past decade, Tian Lun Gas Holdings' Debt-to-EBITDA has ranged from 2.62 to 14.56. According to the industry distribution chart, Tian Lun Gas Holdings ranks #419 out of 449 companies in the Utilities - Regulated industry, placing it in the top 93.3%.
Is Tian Lun Gas Holdings' Debt-to-EBITDA too high?
Tian Lun Gas Holdings' current Debt-to-EBITDA of 32.26 is 635% above median its 10-year median of 4.39. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 14.56. The Utilities - Regulated industry median Debt-to-EBITDA is 4.04. Tian Lun Gas Holdings' value of 32.26 is 698.5% above this industry median. Based on the distribution chart, Tian Lun Gas Holdings ranks #419 out of 449 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Tian Lun Gas Holdings has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Tian Lun Gas Holdings' Debt-to-EBITDA compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Tian Lun Gas Holdings ranks #419 out of 449 companies for Debt-to-EBITDA. This places Tian Lun Gas Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 4.04. Tian Lun Gas Holdings' value of 32.26 is 698.5% above this benchmark. Historically, Tian Lun Gas Holdings' own Debt-to-EBITDA has ranged from 2.62 to 14.56 over the past decade. While the company's 10-year median is 4.39 vs. the industry median of 4.04, Tian Lun Gas Holdings 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 4.04, based on 449 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. Tian Lun Gas Holdings's current Debt-to-EBITDA of 32.26 is 698.5% 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 Tian Lun Gas Holdings. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Lun Gas Holdings's current Debt-to-EBITDA is 32.26, which is 635% above median its own 10-year median of 4.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Lun Gas Holdings stock overvalued right now?
Tian Lun Gas Holdings (FRA:TLJ) has a current Debt-to-EBITDA of 32.26. The stock's GF Value™ is €0.41, compared to a current price of €0.28 — trading 31.7% below its estimated fair value. The current Debt-to-EBITDA is 32.26, which is 635% above median its 10-year median of 4.39 and 698.5% above the Utilities - Regulated industry median of 4.04. Tian Lun Gas Holdings' overall GF Score™ is 71/100 with 4 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 Tian Lun Gas Holdings (FRA:TLJ), the current Debt-to-EBITDA is 32.26 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 Tian Lun Gas Holdings (FRA:TLJ) Overvalued in 2026?

Based on GuruFocus' analysis, Tian Lun Gas Holdings stock appears to be undervalued. The current stock price of €0.28 is trading 31.7% below its estimated GF Value™ of €0.41.

Key valuation signals for FRA:TLJ:

  • Debt-to-EBITDA: 32.26 (635% above median its 10-year median of 4.39)
  • GF Value™: €0.41 vs. price of €0.28 (31.7% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 698.5% above the Utilities - Regulated median (#419 of 449)

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


Tian Lun Gas Holdings Business Description

Other Exchanges 01600:Hong Kong
Address No. 6 Huang He East Road, 4th Floor, Tian Lun Group Building, Zheng Dong Xin District, Henan Province, Zhengzhou City, CHN, 450003
Tian Lun Gas Holdings Ltd is a Chinese investment holding company whose subsidiaries are engaged in the investment, operation and management of gas pipeline connections, transportation, distribution and sales of gas, construction and operation of gas filling stations, and production and sales of LNG in the People's Republic of China. The segments of the company are the sale of natural gas in cylinders, sale of natural gas in bulk, engineering construction services, and other segments. The company derives the majority of its revenue from the sale of natural gas.
71GF Score

Get the complete analysis for FRA:TLJ

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

€0.28
Price
€0.41
GF Value