CAN2 Termik AS (IST:CANTE) Debt-to-EBITDA : -0.09 (As of Jun. 2026)

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IST:CANTE CAN2 Termik AS IST:CANTE
76 GF Score
Price ₺1.21
GF Value ₺1.07
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is CAN2 Termik AS Debt-to-EBITDA?

CAN2 Termik AS IST:CANTE 76 Debt-to-EBITDA is -0.09 as of Jun. 2026. GuruFocus rates IST:CANTE with a GF Score™ of 76/100 and a GF Value™ of ₺1.07 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 348 Utilities - Independent Power Producers companies, CAN2 Termik AS ranks better than 85.63% on this metric.

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

CAN2 Termik AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₺536 Mil. CAN2 Termik AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₺0 Mil. CAN2 Termik AS's annualized EBITDA for the quarter that ended in Jun. 2026 was ₺-5,674 Mil. CAN2 Termik AS's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was -0.09.

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 CAN2 Termik AS's Debt-to-EBITDA or its related term are showing as below:

IST:CANTE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -26.59   Med: 1.23   Max: 75.06
Current: 0.88

During the past 9 years, the highest Debt-to-EBITDA Ratio of CAN2 Termik AS was 75.06. The lowest was -26.59. And the median was 1.23.

IST:CANTE's Debt-to-EBITDA is ranked better than
85.63% of 348 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.96 vs IST:CANTE: 0.88

CAN2 Termik AS  (IST:CANTE) 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.


CAN2 Termik AS Debt-to-EBITDA Related Terms


CAN2 Termik AS Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CAN2 Termik AS'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.

CAN2 Termik AS Debt-to-EBITDA Chart

CAN2 Termik AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 75.06 1.23 0.01 0.10 0.46

CAN2 Termik AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 -0.11 -0.25 0.10 0.24 -0.09

IST:CANTE vs CEG, VST, NRG: Debt-to-EBITDA Comparison

For the Utilities - Independent Power Producers subindustry, CAN2 Termik AS'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.


CAN2 Termik AS Debt-to-EBITDA vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CAN2 Termik AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where CAN2 Termik AS's Debt-to-EBITDA falls into.


IST:CANTE
76GF Score
CAN2 Termik AS IST:CANTE
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CAN2 Termik AS Debt-to-EBITDA Calculation

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

CAN2 Termik AS'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
=(664.972 + 12.282) / 1468.725
=0.46

CAN2 Termik AS's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(535.756 + 0) / -5673.94
=-0.09

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.09 mean?
CAN2 Termik AS (IST:CANTE) has a Debt-to-EBITDA of -0.09 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on CAN2 Termik AS. According to the industry distribution chart, CAN2 Termik AS ranks #50 out of 348 companies in the Utilities - Independent Power Producers industry, placing it in the top 14.4%.
Is CAN2 Termik AS's Debt-to-EBITDA too high?
CAN2 Termik AS's current Debt-to-EBITDA is -0.09. Based on the distribution chart, CAN2 Termik AS ranks #50 out of 348 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, CAN2 Termik AS has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CAN2 Termik AS's Debt-to-EBITDA compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, CAN2 Termik AS ranks #50 out of 348 companies for Debt-to-EBITDA. This places CAN2 Termik AS in the top 14% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 4.96. 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 4.96, based on 348 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. 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 CAN2 Termik AS. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAN2 Termik AS's current Debt-to-EBITDA is -0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAN2 Termik AS stock overvalued right now?
Based on GuruFocus' analysis, CAN2 Termik AS (IST:CANTE) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺1.07, compared to a current price of ₺1.21 — trading 13.1% above its estimated fair value. The current Debt-to-EBITDA is -0.09. CAN2 Termik AS's overall GF Score™ is 76/100 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 CAN2 Termik AS (IST:CANTE), the current Debt-to-EBITDA is -0.09 as of Jun. 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 CAN2 Termik AS (IST:CANTE) Overvalued in 2026?

Based on GuruFocus' analysis, CAN2 Termik AS stock appears to be overvalued. The current stock price of ₺1.21 is trading 13.1% above its estimated GF Value™ of ₺1.07. GuruFocus considers CAN2 Termik AS to be Modestly Overvalued.

Key valuation signals for IST:CANTE:

  • Debt-to-EBITDA: -0.09
  • GF Value™: ₺1.07 vs. price of ₺1.21 (13.1% above fair value)
  • GF Score™: 76/100 with 4 warning signs

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


CAN2 Termik AS Business Description

Address Barbaros Mahallesi, Karanfil Sokak, Varyap Meridian Sitesi No:l lD, Villa 4 Bati Atajehir, Istanbul, TUR
CAN2 Termik AS is a company operating in the fields of electrical energy generation, procurement and mining. The Company is engaged in the establishment, commissioning, and leasing of domestic coal-based electrical energy production facilities, production of electrical energy, and the sale of the generated electrical energy and/or capacity to customers.
76GF Score

Get the complete analysis for IST:CANTE

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

₺1.21
Price
₺1.07
GF Value