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Wholesale Generation Co-2MIC:OGKB +9.39% Debt-to-EBITDA is 1.89 as of Mar. 2026, which is 13% above its 10-year median of 1.68. The stock has 5 warning signs investors should review. Among 339 Utilities - Independent Power Producers companies, Wholesale Generation Co-2 ranks better than 51.33% 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 Wholesale Generation Co-2's Debt-to-EBITDA or its related term are showing as below:
MIC:OGKB'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.92 Med: 1.68 Max: 4.47
Current: 4.47
During the past 13 years, the highest Debt-to-EBITDA Ratio of Wholesale Generation Co-2 was 4.47. The lowest was 0.92. And the median was 1.68.
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.
Wholesale Generation Co-2 Debt-to-EBITDA Related Terms
Wholesale Generation Co-2 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.
MIC:OGKB vs CEG, VST, NRG: Debt-to-EBITDA Comparison
For the Utilities - Independent Power Producers subindustry, Wholesale Generation Co-2'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.
Wholesale Generation Co-2 Debt-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Wholesale Generation Co-2's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Wholesale Generation Co-2'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.
Wholesale Generation Co-2 (MIC:OGKB) has a Debt-to-EBITDA of 1.89 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 Wholesale Generation Co-2. This is 13% above median its historical median of 1.68. Over the past decade, Wholesale Generation Co-2's Debt-to-EBITDA has ranged from 0.92 to 4.47. According to the industry distribution chart, Wholesale Generation Co-2 ranks #165 out of 339 companies in the Utilities - Independent Power Producers industry, placing it in the top 48.7%.
Is Wholesale Generation Co-2's Debt-to-EBITDA too high?
Wholesale Generation Co-2's current Debt-to-EBITDA of 1.89 is 13% above median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 4.47. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.59. Wholesale Generation Co-2's value of 1.89 is 58.8% below this industry median. Based on the distribution chart, Wholesale Generation Co-2 ranks #165 out of 339 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint.
How does Wholesale Generation Co-2's Debt-to-EBITDA compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Wholesale Generation Co-2 ranks #165 out of 339 companies for Debt-to-EBITDA. This puts Wholesale Generation Co-2 in the upper half of its industry. The industry median Debt-to-EBITDA is 4.59. Wholesale Generation Co-2's value of 1.89 is 58.8% below this benchmark. Historically, Wholesale Generation Co-2's own Debt-to-EBITDA has ranged from 0.92 to 4.47 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 4.59, Wholesale Generation Co-2 has consistently been below 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. Wholesale Generation Co-2's current Debt-to-EBITDA of 1.89 is 58.8% below 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 Wholesale Generation Co-2. 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. Wholesale Generation Co-2's current Debt-to-EBITDA is 1.89, which is 13% above median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wholesale Generation Co-2 stock overvalued right now?
Based on GuruFocus' analysis, Wholesale Generation Co-2 (MIC:OGKB) is currently considered Possible Value Trap. The stock's GF Value™ is ₽0.39, compared to a current price of ₽0.18 — trading 53.4% below its estimated fair value. The current Debt-to-EBITDA is 1.89, which is 13% above median its 10-year median of 1.68 and 58.8% below the Utilities - Independent Power Producers industry median of 4.59. 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 Wholesale Generation Co-2 (MIC:OGKB), the current Debt-to-EBITDA is 1.89 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.
Wholesale Generation Co-2, formerly OGK-2 JSC is a Russian company that is engaged in the business of generation and sale of electric and heat power. It mainly focuses on the production and sale of electricity and thermal energy in the wholesale market of electric energy (power). The company operates through power stations namely Kirishskaya GRES, Surgutskaya GRES-1, Novocherkasskaya GRES, Stavropolskaya GRES, Troitskaya GRES, Ryazanskaya GRES, Serovskaya among others.
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