Sunpower Group (SGX:5GD) Debt-to-EBITDA : 4.02 (As of Jun. 2026) — 22% Below 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.

SGX:5GD Sunpower Group Ltd SGX:5GD
55 GF Score
Price S$0.59
GF Value S$0.24
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Sunpower Group Debt-to-EBITDA?

Sunpower Group SGX:5GD 55 Debt-to-EBITDA is 4.02 as of Jun. 2026, which is 22% below its 10-year median of 5.16. GuruFocus rates SGX:5GD with a GF Score™ of 55/100 and a GF Value™ of S$0.24 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 348 Utilities - Independent Power Producers companies, Sunpower Group ranks better than 53.45% on this metric.

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

Sunpower Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was S$415.7 Mil. Sunpower Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was S$378.4 Mil. Sunpower Group's annualized EBITDA for the quarter that ended in Jun. 2026 was S$197.5 Mil. Sunpower Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 4.02.

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 Sunpower Group's Debt-to-EBITDA or its related term are showing as below:

SGX:5GD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.38   Med: 5.16   Max: 20.63
Current: 4.47

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sunpower Group was 20.63. The lowest was 2.38. And the median was 5.16.

SGX:5GD's Debt-to-EBITDA is ranked better than
53.45% of 348 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.96 vs SGX:5GD: 4.47

Sunpower Group  (SGX:5GD) 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.


Sunpower Group Debt-to-EBITDA Related Terms


Sunpower Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Sunpower Group'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.

Sunpower Group Debt-to-EBITDA Chart

Sunpower Group 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 2.51 6.34 5.05 5.39 3.71

Sunpower Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 4.10 10.91 4.13 4.57 4.02

SGX:5GD vs CEG, VST, NRG: Debt-to-EBITDA Comparison

For the Utilities - Independent Power Producers subindustry, Sunpower 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.


Sunpower Group Debt-to-EBITDA vs Utilities - Independent Power Producers Industry

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

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


SGX:5GD
55GF Score
Sunpower Group Ltd SGX:5GD
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sunpower Group Debt-to-EBITDA Calculation

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

Sunpower Group'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
=(318.962 + 403.936) / 194.85
=3.71

Sunpower Group'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
=(415.727 + 378.438) / 197.456
=4.02

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.02 mean?
Sunpower Group (SGX:5GD) has a Debt-to-EBITDA of 4.02 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 Sunpower Group. This is 22% below median its historical median of 5.16. Over the past decade, Sunpower Group's Debt-to-EBITDA has ranged from 2.38 to 20.63. According to the industry distribution chart, Sunpower Group ranks #162 out of 348 companies in the Utilities - Independent Power Producers industry, placing it in the top 46.6%.
Is Sunpower Group's Debt-to-EBITDA too high?
Sunpower Group's current Debt-to-EBITDA of 4.02 is 22% below median its 10-year median of 5.16. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 20.63. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.96. Sunpower Group's value of 4.02 is 19% below this industry median. Based on the distribution chart, Sunpower Group ranks #162 out of 348 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Sunpower Group has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunpower Group's Debt-to-EBITDA compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Sunpower Group ranks #162 out of 348 companies for Debt-to-EBITDA. This puts Sunpower Group in the upper half of its industry. The industry median Debt-to-EBITDA is 4.96. Sunpower Group's value of 4.02 is 19% below this benchmark. Historically, Sunpower Group's own Debt-to-EBITDA has ranged from 2.38 to 20.63 over the past decade. While the company's 10-year median is 5.16 vs. the industry median of 4.96, Sunpower Group 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 4.96, based on 348 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. Sunpower Group's current Debt-to-EBITDA of 4.02 is 19% 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 Sunpower Group. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunpower Group's current Debt-to-EBITDA is 4.02, which is 22% below median its own 10-year median of 5.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunpower Group stock overvalued right now?
Based on GuruFocus' analysis, Sunpower Group (SGX:5GD) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.24, compared to a current price of S$0.59 — trading 143.8% above its estimated fair value. The current Debt-to-EBITDA is 4.02, which is 22% below median its 10-year median of 5.16 and 19% below the Utilities - Independent Power Producers industry median of 4.96. Sunpower Group's overall GF Score™ is 55/100 with 4 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 Sunpower Group (SGX:5GD), the current Debt-to-EBITDA is 4.02 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 Sunpower Group (SGX:5GD) Overvalued in 2026?

Based on GuruFocus' analysis, Sunpower Group stock appears to be overvalued. The current stock price of S$0.59 is trading 143.8% above its estimated GF Value™ of S$0.24. GuruFocus considers Sunpower Group to be Significantly Overvalued.

Key valuation signals for SGX:5GD:

  • Debt-to-EBITDA: 4.02 (22% below median its 10-year median of 5.16)
  • GF Value™: S$0.24 vs. price of S$0.59 (143.8% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 19% below the Utilities - Independent Power Producers median (#162 of 348)

No single metric tells the full story. See the SGX:5GD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sunpower Group Business Description

Address No. 2111 Chengxin Avenue, High-tech Industrial Park, Jiangning District, Jiangsu, Nanjing, CHN, 211112
Sunpower Group Ltd is a provider of clean steam and industrial services. It operates 11 high-efficiency, centralized facilities that are strategically located across key industrial parks and economic clusters in the economically-developed regions of China such as Jiangsu, Guangdong, Shandong, and Anhui provinces, etc. GI projects supply clean industrial steam to over 500 customers across more than 20 industries that typically cater to the vast domestic market of China. In addition, certain projects such as Xinyuan Project, Xintai Project and Tongshan Project also provide pollution-free civil heating to a large base of households, covering over 6 million square meters. The company generates all of its revenue from PRC.
55GF Score

Get the complete analysis for SGX:5GD

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

S$0.59
Price
S$0.24
GF Value