ACWA Power Co (SAU:2082) Debt-to-EBITDA : 8.27 (As of Jun. 2026) — 15% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SAU:2082 ACWA Power Co SAU:2082
90 GF Score
Price ﷼182.60
GF Value ﷼302.19
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is ACWA Power Co Debt-to-EBITDA?

ACWA Power Co SAU:2082 -1.35% 90 Debt-to-EBITDA is 8.27 as of Jun. 2026, which is 15% above its 10-year median of 7.21. GuruFocus rates SAU:2082 with a GF Score™ of 90/100 and a GF Value™ of ﷼302.19 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 452 Utilities - Regulated companies, ACWA Power Co ranks worse than 80.75% on this metric.

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

ACWA Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ﷼1,762 Mil. ACWA Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ﷼30,045 Mil. ACWA Power Co's annualized EBITDA for the quarter that ended in Jun. 2026 was ﷼3,847 Mil. ACWA Power Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 8.27.

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 ACWA Power Co's Debt-to-EBITDA or its related term are showing as below:

SAU:2082' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 6.74   Med: 7.21   Max: 9.55
Current: 7.42

During the past 6 years, the highest Debt-to-EBITDA Ratio of ACWA Power Co was 9.55. The lowest was 6.74. And the median was 7.21.

SAU:2082's Debt-to-EBITDA is ranked worse than
80.75% of 452 companies
in the Utilities - Regulated industry
Industry Median: 4.065 vs SAU:2082: 7.42

ACWA Power Co  (SAU:2082) 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.


ACWA Power Co Debt-to-EBITDA Related Terms


ACWA Power Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for ACWA Power Co'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.

ACWA Power Co Debt-to-EBITDA Chart

ACWA Power Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 9.55 7.55 6.81 6.86 6.74

ACWA Power Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.06 6.06 6.77 8.14 8.27

SAU:2082 vs SRE, AES: Debt-to-EBITDA Comparison

For the Utilities - Diversified subindustry, ACWA Power Co'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.


ACWA Power Co Debt-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, ACWA Power Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where ACWA Power Co's Debt-to-EBITDA falls into.


SAU:2082
90GF Score
ACWA Power Co SAU:2082
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ACWA Power Co Debt-to-EBITDA Calculation

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

ACWA Power Co'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
=(2229.142 + 28591.943) / 4573.879
=6.74

ACWA Power Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1762.097 + 30045.075) / 3847.02
=8.27

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 8.27 mean?
ACWA Power Co (SAU:2082) has a Debt-to-EBITDA of 8.27 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on ACWA Power Co. This is 15% above median its historical median of 7.21. Over the past decade, ACWA Power Co's Debt-to-EBITDA has ranged from 6.74 to 9.55. According to the industry distribution chart, ACWA Power Co ranks #365 out of 452 companies in the Utilities - Regulated industry, placing it in the top 80.8%.
Is ACWA Power Co's Debt-to-EBITDA too high?
ACWA Power Co's current Debt-to-EBITDA of 8.27 is 15% above median its 10-year median of 7.21. Over the past 10 years, this metric has ranged from a low of 6.74 to a high of 9.55. The Utilities - Regulated industry median Debt-to-EBITDA is 4.07. ACWA Power Co's value of 8.27 is 103.4% above this industry median. Based on the distribution chart, ACWA Power Co ranks #365 out of 452 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, ACWA Power Co has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ACWA Power Co's Debt-to-EBITDA compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, ACWA Power Co ranks #365 out of 452 companies for Debt-to-EBITDA. This places ACWA Power Co in the lower half of its industry. The industry median Debt-to-EBITDA is 4.07. ACWA Power Co's value of 8.27 is 103.4% above this benchmark. Historically, ACWA Power Co's own Debt-to-EBITDA has ranged from 6.74 to 9.55 over the past decade. While the company's 10-year median is 7.21 vs. the industry median of 4.07, ACWA Power Co 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 - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.07, based on 452 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. ACWA Power Co's current Debt-to-EBITDA of 8.27 is 103.4% 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 ACWA Power Co. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACWA Power Co's current Debt-to-EBITDA is 8.27, which is 15% above median its own 10-year median of 7.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACWA Power Co stock overvalued right now?
Based on GuruFocus' analysis, ACWA Power Co (SAU:2082) is currently considered Significantly Undervalued. The stock's GF Value™ is ﷼302.19, compared to a current price of ﷼182.60 — trading 39.6% below its estimated fair value. The current Debt-to-EBITDA is 8.27, which is 15% above median its 10-year median of 7.21 and 103.4% above the Utilities - Regulated industry median of 4.07. ACWA Power Co's overall GF Score™ is 90/100 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 ACWA Power Co (SAU:2082), the current Debt-to-EBITDA is 8.27 as of Jun. 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 ACWA Power Co (SAU:2082) Overvalued in 2026?

Based on GuruFocus' analysis, ACWA Power Co stock appears to be undervalued. The current stock price of ﷼182.60 is trading 39.6% below its estimated GF Value™ of ﷼302.19. GuruFocus considers ACWA Power Co to be Significantly Undervalued.

Key valuation signals for SAU:2082:

  • Debt-to-EBITDA: 8.27 (15% above median its 10-year median of 7.21)
  • GF Value™: ﷼302.19 vs. price of ﷼182.60 (39.6% below fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 103.4% above the Utilities - Regulated median (#365 of 452)

No single metric tells the full story. See the SAU:2082 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ACWA Power Co Business Description

Address Exit 8, Eastern Ring Road, Airport Road, Qurtubah District, P.O. Box 22616, Building 1, Ground Floor, Business Gate Office Complex, Riyadh, SAU, 11416
ACWA Power Co is engaged in the development, investment, operation and maintenance of power generation, water desalination and green hydrogen production plants and bulk sale of electricity, desalinated water, green hydrogen and/or green ammonia in the Kingdom of Saudi Arabia and internationally. Its segments include Thermal and Water Desalination, Renewables, and Others. The majority of the revenue is derived from Thermal and Water Desalination segment that refers to the power and water desalination plants which use fossil fuel as the main source of fuel for the generation of electricity and production of water whereas Water Desalination refers to the stand-alone reverse osmosis desalination plants.
90GF Score

Get the complete analysis for SAU:2082

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

﷼182.60
Price
﷼302.19
GF Value