Scatec ASA (OSL:SCATC) Debt-to-EBITDA : 11.20 (As of Mar. 2026) — 51% Above Median

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OSL:SCATC Scatec ASA OSL:SCATC
81 GF Score
Price kr96.75
GF Value kr107.24
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Scatec ASA Debt-to-EBITDA?

Scatec ASA OSL:SCATC -1.17% 81 Debt-to-EBITDA is 11.20 as of Mar. 2026, which is 51% above its 10-year median of 7.40. GuruFocus rates OSL:SCATC with a GF Score™ of 81/100 and a GF Value™ of kr107.24 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 339 Utilities - Independent Power Producers companies, Scatec ASA ranks worse than 76.4% on this metric.

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

Scatec ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr3,811 Mil. Scatec ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr27,824 Mil. Scatec ASA's annualized EBITDA for the quarter that ended in Mar. 2026 was kr2,824 Mil. Scatec ASA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 11.20.

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 Scatec ASA's Debt-to-EBITDA or its related term are showing as below:

OSL:SCATC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.45   Med: 7.4   Max: 11.44
Current: 8.8

During the past 13 years, the highest Debt-to-EBITDA Ratio of Scatec ASA was 11.44. The lowest was 5.45. And the median was 7.40.

OSL:SCATC's Debt-to-EBITDA is ranked worse than
76.4% of 339 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.59 vs OSL:SCATC: 8.80

Scatec ASA  (OSL:SCATC) 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.


Scatec ASA Debt-to-EBITDA Related Terms


Scatec ASA Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Scatec ASA'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.

Scatec ASA Debt-to-EBITDA Chart

Scatec ASA 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 6.76 11.44 7.36 5.45 7.45

Scatec ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.20 5.68 8.88 9.73 11.20

Scatec ASA Debt-to-EBITDA Competitor Comparison

For the Utilities - Renewable subindustry, Scatec ASA'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.


Scatec ASA Debt-to-EBITDA vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Scatec ASA's Debt-to-EBITDA falls into.


OSL:SCATC
81GF Score
Scatec ASA OSL:SCATC
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scatec ASA Debt-to-EBITDA Calculation

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

Scatec ASA'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
=(2790 + 29665) / 4356
=7.45

Scatec ASA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3811 + 27824) / 2824
=11.20

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 11.20 mean?
Scatec ASA (OSL:SCATC) has a Debt-to-EBITDA of 11.20 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 Scatec ASA. This is 51% above median its historical median of 7.40. Over the past decade, Scatec ASA's Debt-to-EBITDA has ranged from 5.45 to 11.44. According to the industry distribution chart, Scatec ASA ranks #259 out of 339 companies in the Utilities - Independent Power Producers industry, placing it in the top 76.4%.
Is Scatec ASA's Debt-to-EBITDA too high?
Scatec ASA's current Debt-to-EBITDA of 11.20 is 51% above median its 10-year median of 7.40. Over the past 10 years, this metric has ranged from a low of 5.45 to a high of 11.44. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.59. Scatec ASA's value of 11.20 is 144% above this industry median. Based on the distribution chart, Scatec ASA ranks #259 out of 339 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Scatec ASA has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Scatec ASA's Debt-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Scatec ASA ranks #259 out of 339 companies for Debt-to-EBITDA. This places Scatec ASA in the lower half of its industry. The industry median Debt-to-EBITDA is 4.59. Scatec ASA's value of 11.20 is 144% above this benchmark. Historically, Scatec ASA's own Debt-to-EBITDA has ranged from 5.45 to 11.44 over the past decade. While the company's 10-year median is 7.40 vs. the industry median of 4.59, Scatec ASA 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. Scatec ASA's current Debt-to-EBITDA of 11.20 is 144% 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 Scatec ASA. 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. Scatec ASA's current Debt-to-EBITDA is 11.20, which is 51% above median its own 10-year median of 7.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scatec ASA stock overvalued right now?
Based on GuruFocus' analysis, Scatec ASA (OSL:SCATC) is currently considered Modestly Undervalued. The stock's GF Value™ is kr107.24, compared to a current price of kr96.75 — trading 9.8% below its estimated fair value. The current Debt-to-EBITDA is 11.20, which is 51% above median its 10-year median of 7.40 and 144% above the Utilities - Independent Power Producers industry median of 4.59. Scatec ASA's overall GF Score™ is 81/100 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 Scatec ASA (OSL:SCATC), the current Debt-to-EBITDA is 11.20 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 Scatec ASA (OSL:SCATC) Overvalued in 2026?

Based on GuruFocus' analysis, Scatec ASA stock appears to be undervalued. The current stock price of kr96.75 is trading 9.8% below its estimated GF Value™ of kr107.24. GuruFocus considers Scatec ASA to be Modestly Undervalued.

Key valuation signals for OSL:SCATC:

  • Debt-to-EBITDA: 11.20 (51% above median its 10-year median of 7.40)
  • GF Value™: kr107.24 vs. price of kr96.75 (9.8% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 144% above the Utilities - Independent Power Producers median (#259 of 339)

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


Scatec ASA Business Description

Address Askekroken 11, Oslo, NOR, 0277
Scatec ASA is a renewable energy solutions provider, developing, building, investing in, and operating renewable energy plants across different continents. The company's operating segments are Power Production (PP), Development and Construction, and Corporate. A majority of its revenue is generated from the Power Production segment, which manages the group's power-producing assets and derives its revenue from the production and sale of solar, wind, and hydro-generated electricity, mainly based on long-term Power Purchase Agreements or feed-in tariffs. Geographically, it derives maximum revenue from South Africa, followed by Botswana, Tunisia, the Netherlands, and other regions.
81GF Score

Get the complete analysis for OSL:SCATC

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

kr96.75
Price
kr107.24
GF Value