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TCPL PackagingNSE:TCPLPACK -1.68%82 Debt-to-EBITDA is 2.02 as of Mar. 2026, which is 24% below its 10-year median of 2.67. GuruFocus rates NSE:TCPLPACK with a GF Score™ of 82/100 and a GF Value™ of ₹3,041.55 (Fairly Valued). The stock has 5 warning signs investors should review. Among 333 Packaging & Containers companies, TCPL Packaging ranks better than 58.86% 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 TCPL Packaging's Debt-to-EBITDA or its related term are showing as below:
NSE:TCPLPACK'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.94 Med: 2.67 Max: 3.48
Current: 2.09
During the past 13 years, the highest Debt-to-EBITDA Ratio of TCPL Packaging was 3.48. The lowest was 1.94. And the median was 2.67.
NSE:TCPLPACK's Debt-to-EBITDA is ranked better than 58.86% of 333
companies
in the Packaging & Containers industry
Industry Median: 2.58
vs NSE:TCPLPACK: 2.09
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.
TCPL Packaging Debt-to-EBITDA Related Terms
TCPL Packaging Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for TCPL Packaging'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.
NSE:TCPLPACK vs SW, PKG, IP: Debt-to-EBITDA Comparison
For the Packaging & Containers subindustry, TCPL Packaging'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.
TCPL Packaging Debt-to-EBITDA vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, TCPL Packaging's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where TCPL Packaging'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.
TCPL Packaging (NSE:TCPLPACK) has a Debt-to-EBITDA of 2.02 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 TCPL Packaging. This is 24% below median its historical median of 2.67. Over the past decade, TCPL Packaging's Debt-to-EBITDA has ranged from 1.94 to 3.48. According to the industry distribution chart, TCPL Packaging ranks #137 out of 333 companies in the Packaging & Containers industry, placing it in the top 41.1%.
Is TCPL Packaging's Debt-to-EBITDA too high?
TCPL Packaging's current Debt-to-EBITDA of 2.02 is 24% below median its 10-year median of 2.67. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 3.48. The Packaging & Containers industry median Debt-to-EBITDA is 2.58. TCPL Packaging's value of 2.02 is 21.7% below this industry median. Based on the distribution chart, TCPL Packaging ranks #137 out of 333 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, TCPL Packaging has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TCPL Packaging's Debt-to-EBITDA compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, TCPL Packaging ranks #137 out of 333 companies for Debt-to-EBITDA. This puts TCPL Packaging in the upper half of its industry. The industry median Debt-to-EBITDA is 2.58. TCPL Packaging's value of 2.02 is 21.7% below this benchmark. Historically, TCPL Packaging's own Debt-to-EBITDA has ranged from 1.94 to 3.48 over the past decade. While the company's 10-year median is 2.67 vs. the industry median of 2.58, TCPL Packaging 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 a Packaging & Containers company?
The median Debt-to-EBITDA among Packaging & Containers companies is 2.58, based on 333 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. TCPL Packaging's current Debt-to-EBITDA of 2.02 is 21.7% 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 TCPL Packaging. For the Packaging & Containers industry, the median Debt-to-EBITDA is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCPL Packaging's current Debt-to-EBITDA is 2.02, which is 24% below median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCPL Packaging stock overvalued right now?
Based on GuruFocus' analysis, TCPL Packaging (NSE:TCPLPACK) is currently considered Fairly Valued. The stock's GF Value™ is ₹3,041.55, compared to a current price of ₹3,226.50 — trading 6.1% above its estimated fair value. The current Debt-to-EBITDA is 2.02, which is 24% below median its 10-year median of 2.67 and 21.7% below the Packaging & Containers industry median of 2.58. TCPL Packaging's overall GF Score™ is 82/100 with 5 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 TCPL Packaging (NSE:TCPLPACK), the current Debt-to-EBITDA is 2.02 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 TCPL Packaging (NSE:TCPLPACK) Overvalued in 2026?
Based on GuruFocus' analysis, TCPL Packaging stock appears to be overvalued.
The current stock price of ₹3,226.50 is trading 6.1% above its estimated GF Value™ of ₹3,041.55.
GuruFocus considers TCPL Packaging to be Fairly Valued.
Key valuation signals for NSE:TCPLPACK:
Debt-to-EBITDA: 2.02 (24% below median its 10-year median of 2.67)
GF Value™: ₹3,041.55 vs. price of ₹3,226.50 (6.1% above fair value)
Industry Position: 21.7% below the Packaging & Containers median (#137 of 333)
No single metric tells the full story. See the NSE:TCPLPACK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCPL Packaging Ltd is engaged in the Printing and Packaging business. The company manufactures folding cartons, printed blanks and outers, litho-lamination, plastic cartons, blister packs, and shelf-ready packaging. Geographically, it derives a majority of its revenue from India. It serves FMCG, Food and Beverage, Liquor, Pharmaceuticals, and Other industries. It has one segment of business, which is Printing and Packaging.
82GF Score
Get the complete analysis for NSE:TCPLPACK
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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