TGASF (Towngas Smart Energy Co) Debt-to-EBITDA : 4.18 (As of Dec. 2025) — Near Median

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TGASF Towngas Smart Energy Co Ltd TGASF
48 GF Score
Price $0.43
GF Value $0.43
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Towngas Smart Energy Co Debt-to-EBITDA?

Towngas Smart Energy Co TGASF -15.69% 48 Debt-to-EBITDA is 4.18 as of Dec. 2025, which is 8% above its 10-year median of 3.88. GuruFocus rates TGASF with a GF Score™ of 48/100 and a GF Value™ of $0.43 (Fairly Valued). The stock has 6 warning signs investors should review. Among 449 Utilities - Regulated companies, Towngas Smart Energy Co ranks worse than 52.56% on this metric.

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

Towngas Smart Energy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $832 Mil. Towngas Smart Energy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $1,395 Mil. Towngas Smart Energy Co's annualized EBITDA for the quarter that ended in Dec. 2025 was $533 Mil. Towngas Smart Energy Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 4.18.

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 Towngas Smart Energy Co's Debt-to-EBITDA or its related term are showing as below:

TGASF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.25   Med: 3.88   Max: 6.1
Current: 4.19

During the past 13 years, the highest Debt-to-EBITDA Ratio of Towngas Smart Energy Co was 6.10. The lowest was 3.25. And the median was 3.88.

TGASF's Debt-to-EBITDA is ranked worse than
52.56% of 449 companies
in the Utilities - Regulated industry
Industry Median: 4.01 vs TGASF: 4.19

Towngas Smart Energy Co  (OTCPK:TGASF) 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.


Towngas Smart Energy Co Debt-to-EBITDA Related Terms


Towngas Smart Energy Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Towngas Smart Energy 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.

Towngas Smart Energy Co Debt-to-EBITDA Chart

Towngas Smart Energy Co 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 5.43 6.10 4.61 4.20 4.19

Towngas Smart Energy Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 5.74 4.57 4.15 4.46 4.18

TGASF vs ATO, NI: Debt-to-EBITDA Comparison

For the Utilities - Regulated Gas subindustry, Towngas Smart Energy 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.


Towngas Smart Energy Co Debt-to-EBITDA vs Utilities - Regulated Industry

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

* The bar in red indicates where Towngas Smart Energy Co's Debt-to-EBITDA falls into.


TGASF
48GF Score
Towngas Smart Energy Co Ltd TGASF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Towngas Smart Energy Co Debt-to-EBITDA Calculation

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

Towngas Smart Energy 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
=(832.118 + 1394.924) / 531.507
=4.19

Towngas Smart Energy Co's annualized Debt-to-EBITDA for the quarter 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
=(832.118 + 1394.924) / 533.406
=4.18

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.18 mean?
Towngas Smart Energy Co (TGASF) has a Debt-to-EBITDA of 4.18 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 Towngas Smart Energy Co. This is near median its historical median of 3.88. Over the past decade, Towngas Smart Energy Co's Debt-to-EBITDA has ranged from 3.25 to 6.10. According to the industry distribution chart, Towngas Smart Energy Co ranks #236 out of 449 companies in the Utilities - Regulated industry, placing it in the top 52.6%.
Is Towngas Smart Energy Co's Debt-to-EBITDA too high?
Towngas Smart Energy Co's current Debt-to-EBITDA of 4.18 is near median its 10-year median of 3.88. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 6.10. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. Towngas Smart Energy Co's value of 4.18 is 4.2% above this industry median. Based on the distribution chart, Towngas Smart Energy Co ranks #236 out of 449 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Towngas Smart Energy Co has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Towngas Smart Energy Co's Debt-to-EBITDA compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Towngas Smart Energy Co ranks #236 out of 449 companies for Debt-to-EBITDA. This places Towngas Smart Energy Co in the lower half of its industry. The industry median Debt-to-EBITDA is 4.01. Towngas Smart Energy Co's value of 4.18 is 4.2% above this benchmark. Historically, Towngas Smart Energy Co's own Debt-to-EBITDA has ranged from 3.25 to 6.10 over the past decade. While the company's 10-year median is 3.88 vs. the industry median of 4.01, Towngas Smart Energy 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 4.01, based on 449 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. Towngas Smart Energy Co's current Debt-to-EBITDA of 4.18 is 4.2% 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 Towngas Smart Energy Co. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Towngas Smart Energy Co's current Debt-to-EBITDA is 4.18, which is near median its own 10-year median of 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Towngas Smart Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Towngas Smart Energy Co (TGASF) is currently considered Fairly Valued. The stock's GF Value™ is $0.43, compared to a current price of $0.43 — trading 0.3% below its estimated fair value. The current Debt-to-EBITDA is 4.18, which is near median its 10-year median of 3.88 and 4.2% above the Utilities - Regulated industry median of 4.01. Towngas Smart Energy Co's overall GF Score™ is 48/100 with 6 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 Towngas Smart Energy Co (TGASF), the current Debt-to-EBITDA is 4.18 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 Towngas Smart Energy Co (TGASF) Overvalued in 2026?

Based on GuruFocus' analysis, Towngas Smart Energy Co stock appears to be undervalued. The current stock price of $0.43 is trading 0.3% below its estimated GF Value™ of $0.43. GuruFocus considers Towngas Smart Energy Co to be Fairly Valued.

Key valuation signals for TGASF:

  • Debt-to-EBITDA: 4.18 (near median its 10-year median of 3.88)
  • GF Value™: $0.43 vs. price of $0.43 (0.3% below fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 4.2% above the Utilities - Regulated median (#236 of 449)

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


Towngas Smart Energy Co Business Description

Other Exchanges 01083:Hong KongPGJ:Germany
Address 363 Java Road, North Point, 23rd Floor, Hong Kong, HKG
Towngas Smart Energy Co Ltd is an investment holding company engaged in the sales of piped gas, renewable energy, and other types of energy, the construction of gas pipelines, the sale of gas appliances and related products, and other value-added services in the People's Republic of China. The operating segment of the company are Gas business and Renewable energy business. The Renewable energy business is engaged in Sales of renewable energy (mainly photovoltaic power) and other related energy and services and the Gas business is further categorized in Sales of piped gas, Gas connection, Gas-related products and services. The company derives maximum revenue from the Sales of piped gas and other gas-related energy. All of the Group' s revenue is generated in the PRC.
48GF Score

Get the complete analysis for TGASF

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

$0.43
Price
$0.43
GF Value