Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Erayak Power Solution GroupRAYA -2.33%54 Debt-to-EBITDA is 17.24 as of Dec. 2025, which is 336% above its 10-year median of 3.95. GuruFocus rates RAYA with a GF Score™ of 54/100 and a GF Value™ of $2,166.13 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,332 Industrial Products companies, Erayak Power Solution Group ranks worse than 98.89% 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 Erayak Power Solution Group's Debt-to-EBITDA or its related term are showing as below:
RAYA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.77 Med: 3.95 Max: 57
Current: 51.15
During the past 7 years, the highest Debt-to-EBITDA Ratio of Erayak Power Solution Group was 57.00. The lowest was 0.77. And the median was 3.95.
RAYA's Debt-to-EBITDA is ranked worse than 98.89% of 2332
companies
in the Industrial Products industry
Industry Median: 1.7
vs RAYA: 51.15
Erayak Power Solution Group (NAS:RAYA) Debt-to-EBITDA Explanation
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.
Erayak Power Solution Group Debt-to-EBITDA Related Terms
Erayak Power Solution Group 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.
RAYA vs LNKS, CCTG, ELPW: Debt-to-EBITDA Comparison
For the Electrical Equipment & Parts subindustry, Erayak Power Solution Group'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.
Erayak Power Solution Group Debt-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Erayak Power Solution Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Erayak Power Solution Group'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 two times the quarterly (Dec. 2025) EBITDA data.
Erayak Power Solution Group (RAYA) has a Debt-to-EBITDA of 17.24 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Erayak Power Solution Group. This is 336% above median its historical median of 3.95. Over the past decade, Erayak Power Solution Group's Debt-to-EBITDA has ranged from 0.77 to 57.00. According to the industry distribution chart, Erayak Power Solution Group ranks #2306 out of 2332 companies in the Industrial Products industry, placing it in the top 98.9%.
Is Erayak Power Solution Group's Debt-to-EBITDA too high?
Erayak Power Solution Group's current Debt-to-EBITDA of 17.24 is 336% above median its 10-year median of 3.95. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 57.00. The Industrial Products industry median Debt-to-EBITDA is 1.70. Erayak Power Solution Group's value of 17.24 is 914.1% above this industry median. Based on the distribution chart, Erayak Power Solution Group ranks #2306 out of 2332 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Erayak Power Solution Group has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Erayak Power Solution Group's Debt-to-EBITDA compare to LNKS and CCTG?
According to the Industrial Products industry distribution chart, Erayak Power Solution Group ranks #2306 out of 2332 companies for Debt-to-EBITDA. This places Erayak Power Solution Group in the lower half of its industry. The industry median Debt-to-EBITDA is 1.70. Erayak Power Solution Group's value of 17.24 is 914.1% above this benchmark. Historically, Erayak Power Solution Group's own Debt-to-EBITDA has ranged from 0.77 to 57.00 over the past decade. While the company's 10-year median is 3.95 vs. the industry median of 1.70, Erayak Power Solution Group 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 Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.70, based on 2,332 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. Erayak Power Solution Group's current Debt-to-EBITDA of 17.24 is 914.1% 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 Erayak Power Solution Group. For the Industrial Products industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erayak Power Solution Group's current Debt-to-EBITDA is 17.24, which is 336% above median its own 10-year median of 3.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erayak Power Solution Group stock overvalued right now?
Based on GuruFocus' analysis, Erayak Power Solution Group (RAYA) is currently considered Possible Value Trap. The stock's GF Value™ is $2,166.13, compared to a current price of $2.72 — trading 99.9% below its estimated fair value. The current Debt-to-EBITDA is 17.24, which is 336% above median its 10-year median of 3.95 and 914.1% above the Industrial Products industry median of 1.70. Erayak Power Solution Group's overall GF Score™ is 54/100 with 8 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 Erayak Power Solution Group (RAYA), the current Debt-to-EBITDA is 17.24 as of Dec. 2025. 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 Erayak Power Solution Group (RAYA) Overvalued in 2026?
Based on GuruFocus' analysis, Erayak Power Solution Group stock appears to be undervalued.
The current stock price of $2.72 is trading 99.9% below its estimated GF Value™ of $2,166.13.
GuruFocus considers Erayak Power Solution Group to be Possible Value Trap.
Key valuation signals for RAYA:
Debt-to-EBITDA: 17.24 (336% above median its 10-year median of 3.95)
GF Value™: $2,166.13 vs. price of $2.72 (99.9% below fair value)
Industry Position: 914.1% above the Industrial Products median (#2306 of 2332)
No single metric tells the full story. See the RAYA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Erayak Power Solution Group Inc is engaged in the manufacturing, research and development (R&D), and wholesale and retail of power solution products. The group focuses on manufacturing new energy storage and inverter devices. Its product portfolio includes sine wave and off-grid inverters, inverters and gasoline generators, battery and smart chargers, and custom-designed products. The products are used principally in agricultural and industrial vehicles, recreational vehicles (RVs), electrical appliances, and outdoor living products. The company generates the majority of its revenue from Inverters. The company generates revenue from five main markets, which are China, Poland, Mexico, the U.K., and Portugal. It derives maximum revenue from China.
54GF Score
Get the complete analysis for RAYA
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
RAYA has been successfully added to your 
