HKVTY (HK Electric Investments and HK Electric Investments) Debt-to-EBITDA : 5.28 (As of Dec. 2025) — 11% Below Median

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HKVTY HK Electric Investments and HK Electric Investments Ltd HKVTY
74 GF Score
Price $7.80
GF Value $6.74
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is HK Electric Investments and HK Electric Investments Debt-to-EBITDA?

HK Electric Investments and HK Electric Investments HKVTY 74 Debt-to-EBITDA is 5.28 as of Dec. 2025, which is 11% below its 10-year median of 5.92. GuruFocus rates HKVTY with a GF Score™ of 74/100 and a GF Value™ of $6.74 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 448 Utilities - Regulated companies, HK Electric Investments and HK Electric Investments ranks worse than 71.65% on this metric.

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

HK Electric Investments and HK Electric Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $2,889 Mil. HK Electric Investments and HK Electric Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $3,609 Mil. HK Electric Investments and HK Electric Investments's annualized EBITDA for the quarter that ended in Dec. 2025 was $1,231 Mil. HK Electric Investments and HK Electric Investments's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 5.28.

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 HK Electric Investments and HK Electric Investments's Debt-to-EBITDA or its related term are showing as below:

HKVTY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.04   Med: 5.92   Max: 7.67
Current: 6.8

During the past 13 years, the highest Debt-to-EBITDA Ratio of HK Electric Investments and HK Electric Investments was 7.67. The lowest was 5.04. And the median was 5.92.

HKVTY's Debt-to-EBITDA is ranked worse than
71.65% of 448 companies
in the Utilities - Regulated industry
Industry Median: 4.005 vs HKVTY: 6.80

HK Electric Investments and HK Electric Investments  (OTCPK:HKVTY) 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.


HK Electric Investments and HK Electric Investments Debt-to-EBITDA Related Terms


HK Electric Investments and HK Electric Investments Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for HK Electric Investments and HK Electric Investments'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.

HK Electric Investments and HK Electric Investments Debt-to-EBITDA Chart

HK Electric Investments and HK Electric Investments 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 5.85 6.71 6.22 5.81 5.75

HK Electric Investments and HK Electric Investments Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 6.32 5.35 6.43 5.28 9.37

HKVTY vs NEE, SO, DUK: Debt-to-EBITDA Comparison

For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments'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.


HK Electric Investments and HK Electric Investments Debt-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, HK Electric Investments and HK Electric Investments's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where HK Electric Investments and HK Electric Investments's Debt-to-EBITDA falls into.


HKVTY
74GF Score
HK Electric Investments and HK Electric Investments Ltd HKVTY
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HK Electric Investments and HK Electric Investments Debt-to-EBITDA Calculation

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

HK Electric Investments and HK Electric Investments'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
=(2889.035 + 3608.883) / 1129.447
=5.75

HK Electric Investments and HK Electric Investments'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
=(2889.035 + 3608.883) / 1231.236
=5.28

* 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 5.28 mean?
HK Electric Investments and HK Electric Investments (HKVTY) has a Debt-to-EBITDA of 5.28 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 HK Electric Investments and HK Electric Investments. This is 11% below median its historical median of 5.92. Over the past decade, HK Electric Investments and HK Electric Investments' Debt-to-EBITDA has ranged from 5.04 to 7.67. According to the industry distribution chart, HK Electric Investments and HK Electric Investments ranks #321 out of 448 companies in the Utilities - Regulated industry, placing it in the top 71.7%.
Is HK Electric Investments and HK Electric Investments' Debt-to-EBITDA too high?
HK Electric Investments and HK Electric Investments' current Debt-to-EBITDA of 5.28 is 11% below median its 10-year median of 5.92. Over the past 10 years, this metric has ranged from a low of 5.04 to a high of 7.67. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. HK Electric Investments and HK Electric Investments' value of 5.28 is 31.8% above this industry median. Based on the distribution chart, HK Electric Investments and HK Electric Investments ranks #321 out of 448 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, HK Electric Investments and HK Electric Investments has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HK Electric Investments and HK Electric Investments' Debt-to-EBITDA compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, HK Electric Investments and HK Electric Investments ranks #321 out of 448 companies for Debt-to-EBITDA. This places HK Electric Investments and HK Electric Investments in the lower half of its industry. The industry median Debt-to-EBITDA is 4.01. HK Electric Investments and HK Electric Investments' value of 5.28 is 31.8% above this benchmark. Historically, HK Electric Investments and HK Electric Investments' own Debt-to-EBITDA has ranged from 5.04 to 7.67 over the past decade. While the company's 10-year median is 5.92 vs. the industry median of 4.01, HK Electric Investments and HK Electric Investments 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 4.01, based on 448 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. HK Electric Investments and HK Electric Investments's current Debt-to-EBITDA of 5.28 is 31.8% 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 HK Electric Investments and HK Electric Investments. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HK Electric Investments and HK Electric Investments's current Debt-to-EBITDA is 5.28, which is 11% below median its own 10-year median of 5.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HK Electric Investments and HK Electric Investments stock overvalued right now?
Based on GuruFocus' analysis, HK Electric Investments and HK Electric Investments (HKVTY) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.74, compared to a current price of $7.80 — trading 15.7% above its estimated fair value. The current Debt-to-EBITDA is 5.28, which is 11% below median its 10-year median of 5.92 and 31.8% above the Utilities - Regulated industry median of 4.01. HK Electric Investments and HK Electric Investments' overall GF Score™ is 74/100 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 HK Electric Investments and HK Electric Investments (HKVTY), the current Debt-to-EBITDA is 5.28 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 HK Electric Investments and HK Electric Investments (HKVTY) Overvalued in 2026?

Based on GuruFocus' analysis, HK Electric Investments and HK Electric Investments stock appears to be overvalued. The current stock price of $7.80 is trading 15.7% above its estimated GF Value™ of $6.74. GuruFocus considers HK Electric Investments and HK Electric Investments to be Modestly Overvalued.

Key valuation signals for HKVTY:

  • Debt-to-EBITDA: 5.28 (11% below median its 10-year median of 5.92)
  • GF Value™: $6.74 vs. price of $7.80 (15.7% above fair value)
  • GF Score™: 74/100 with 11 warning signs
  • Industry Position: 31.8% above the Utilities - Regulated median (#321 of 448)

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


HK Electric Investments and HK Electric Investments Business Description

Other Exchanges 02638:Hong Kong
Address 44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG
HK Electric Investments and HK Electric Investments Ltd is a fixed single investment trust in Hong Kong with a focus on the energy sector. The company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. The company have one reporting segment which is the generation and supply of electricity to Hong Kong Island and Lamma Island.
74GF Score

Get the complete analysis for HKVTY

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

$7.80
Price
$6.74
GF Value