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LightLGSXD 53 Debt-to-EBITDA is 6.25 as of Mar. 2026, which is 34% above its 10-year median of 4.66. GuruFocus rates LGSXD with a GF Score™ of 53/100 and a GF Value™ of $1.53 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 339 Utilities - Independent Power Producers companies, Light ranks worse than 59.88% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Light's Debt-to-EBITDA or its related term are showing as below:
LGSXD'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.96 Med: 4.66 Max: 9.42
Current: 6.42
During the past 13 years, the highest Debt-to-EBITDA Ratio of Light was 9.42. The lowest was -2.96. And the median was 4.66.
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.
Light Debt-to-EBITDA Related Terms
Light Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Light'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.
For the Utilities - Renewable subindustry, Light'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.
Light Debt-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Light's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Light'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.
Light (LGSXD) has a Debt-to-EBITDA of 6.25 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 Light. This is 34% above median its historical median of 4.66. According to the industry distribution chart, Light ranks #203 out of 339 companies in the Utilities - Independent Power Producers industry, placing it in the top 59.9%.
Is Light's Debt-to-EBITDA too high?
Light's current Debt-to-EBITDA of 6.25 is 34% above median its 10-year median of 4.66. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.59. Light's value of 6.25 is 36.2% above this industry median. Based on the distribution chart, Light ranks #203 out of 339 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Light has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Light's Debt-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Light ranks #203 out of 339 companies for Debt-to-EBITDA. This places Light in the lower half of its industry. The industry median Debt-to-EBITDA is 4.59. Light's value of 6.25 is 36.2% above this benchmark. While the company's 10-year median is 4.66 vs. the industry median of 4.59, Light 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 4.59, based on 339 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. Light's current Debt-to-EBITDA of 6.25 is 36.2% 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 Light. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Light's current Debt-to-EBITDA is 6.25, which is 34% above median its own 10-year median of 4.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Light stock overvalued right now?
Based on GuruFocus' analysis, Light (LGSXD) is currently considered Possible Value Trap. The stock's GF Value™ is $1.53, compared to a current price of $1.02 — trading 33.1% below its estimated fair value. The current Debt-to-EBITDA is 6.25, which is 34% above median its 10-year median of 4.66 and 36.2% above the Utilities - Independent Power Producers industry median of 4.59. Light's overall GF Score™ is 53/100 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 Light (LGSXD), the current Debt-to-EBITDA is 6.25 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 Light (LGSXD) Overvalued in 2026?
Based on GuruFocus' analysis, Light stock appears to be undervalued.
The current stock price of $1.02 is trading 33.1% below its estimated GF Value™ of $1.53.
GuruFocus considers Light to be Possible Value Trap.
Key valuation signals for LGSXD:
Debt-to-EBITDA: 6.25 (34% above median its 10-year median of 4.66)
GF Value™: $1.53 vs. price of $1.02 (33.1% below fair value)
Industry Position: 36.2% above the Utilities - Independent Power Producers median (#203 of 339)
No single metric tells the full story. See the LGSXD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. The company generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives maximum of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. The company operates in three segments namely: Distribution, Generation and Trading, out of which maximum revenue is generated from Distribution segment.
53GF Score
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