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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.
HAM:RN4'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.25 Med: 5.3 Max: 5.96
Current: 4.25
During the past 13 years, the highest Debt-to-EBITDA Ratio of REN-Redes Energeticas Nacionais Sgps was 5.96. The lowest was 4.25. And the median was 5.30.
HAM:RN4's Debt-to-EBITDA is ranked worse than 52.78% of 449
companies
in the Utilities - Regulated industry
Industry Median: 4.02
vs HAM:RN4: 4.25
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.
REN-Redes Energeticas Nacionais Sgps Debt-to-EBITDA Related Terms
REN-Redes Energeticas Nacionais Sgps Debt-to-EBITDA Historical Data
* 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, REN-Redes Energeticas Nacionais Sgps'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.
REN-Redes Energeticas Nacionais Sgps Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, REN-Redes Energeticas Nacionais Sgps's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where REN-Redes Energeticas Nacionais Sgps'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.
REN-Redes Energeticas Nacionais Sgps (HAM:RN4) has a Debt-to-EBITDA of 4.19 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 REN-Redes Energeticas Nacionais Sgps. This is 21% below median its historical median of 5.30. Over the past decade, REN-Redes Energeticas Nacionais Sgps' Debt-to-EBITDA has ranged from 4.25 to 5.96. According to the industry distribution chart, REN-Redes Energeticas Nacionais Sgps ranks #237 out of 449 companies in the Utilities - Regulated industry, placing it in the top 52.8%.
Is REN-Redes Energeticas Nacionais Sgps' Debt-to-EBITDA too high?
REN-Redes Energeticas Nacionais Sgps' current Debt-to-EBITDA of 4.19 is 21% below median its 10-year median of 5.30. Over the past 10 years, this metric has ranged from a low of 4.25 to a high of 5.96. The Utilities - Regulated industry median Debt-to-EBITDA is 4.02. REN-Redes Energeticas Nacionais Sgps' value of 4.19 is 4.2% above this industry median. Based on the distribution chart, REN-Redes Energeticas Nacionais Sgps ranks #237 out of 449 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, REN-Redes Energeticas Nacionais Sgps has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does REN-Redes Energeticas Nacionais Sgps' Debt-to-EBITDA compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, REN-Redes Energeticas Nacionais Sgps ranks #237 out of 449 companies for Debt-to-EBITDA. This places REN-Redes Energeticas Nacionais Sgps in the lower half of its industry. The industry median Debt-to-EBITDA is 4.02. REN-Redes Energeticas Nacionais Sgps' value of 4.19 is 4.2% above this benchmark. Historically, REN-Redes Energeticas Nacionais Sgps' own Debt-to-EBITDA has ranged from 4.25 to 5.96 over the past decade. While the company's 10-year median is 5.30 vs. the industry median of 4.02, REN-Redes Energeticas Nacionais Sgps 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 4.02, 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. REN-Redes Energeticas Nacionais Sgps's current Debt-to-EBITDA of 4.19 is 4.2% 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 REN-Redes Energeticas Nacionais Sgps. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. REN-Redes Energeticas Nacionais Sgps's current Debt-to-EBITDA is 4.19, which is 21% below median its own 10-year median of 5.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is REN-Redes Energeticas Nacionais Sgps stock overvalued right now?
Based on GuruFocus' analysis, REN-Redes Energeticas Nacionais Sgps (HAM:RN4) is currently considered Modestly Overvalued. The stock's GF Value™ is €3.04, compared to a current price of €3.44 — trading 13.2% above its estimated fair value. The current Debt-to-EBITDA is 4.19, which is 21% below median its 10-year median of 5.30 and 4.2% above the Utilities - Regulated industry median of 4.02. REN-Redes Energeticas Nacionais Sgps' overall GF Score™ is 54/100 with 11 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 REN-Redes Energeticas Nacionais Sgps (HAM:RN4), the current Debt-to-EBITDA is 4.19 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 REN-Redes Energeticas Nacionais Sgps (HAM:RN4) Overvalued in 2026?
Based on GuruFocus' analysis, REN-Redes Energeticas Nacionais Sgps stock appears to be overvalued.
The current stock price of €3.44 is trading 13.2% above its estimated GF Value™ of €3.04.
GuruFocus considers REN-Redes Energeticas Nacionais Sgps to be Modestly Overvalued.
Key valuation signals for HAM:RN4:
Debt-to-EBITDA: 4.19 (21% below median its 10-year median of 5.30)
GF Value™: €3.04 vs. price of €3.44 (13.2% above fair value)
Industry Position: 4.2% above the Utilities - Regulated median (#237 of 449)
No single metric tells the full story. See the HAM:RN4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
REN-Redes Energeticas Nacionais Sgps SA is an energy and utility company that operates as the primary concession holder for electricity transmission and natural gas transportation in Portugal. It manages the national high-voltage electricity grid, high-pressure natural gas pipelines, LNG terminal, and underground storage, focusing on energy transition, sustainability, and security of supply. The Group presently has two main business segments, Electricity and Gas, and a secondary business of Telecommunications.
54GF Score
Get the complete analysis for HAM:RN4
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