Eastern Power Group PCL (BKK:EP) Debt-to-Equity: 2.44 (As of Mar. 2026) — 36% Above Median

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BKK:EP Eastern Power Group PCL BKK:EP
42 GF Score
Price ฿1.16
GF Value ฿2.07
Valuation Possible Value Trap
! 8 Warning Signs
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What is Eastern Power Group PCL Debt-to-Equity?

Eastern Power Group PCL BKK:EP 42 Debt-to-Equity is 2.44 as of Mar. 2026, which is 36% above its 10-year median of 1.80. GuruFocus rates BKK:EP with a GF Score™ of 42/100 and a GF Value™ of ฿2.07 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 955 Business Services companies, Eastern Power Group PCL ranks worse than 91.2% on this metric.

Eastern Power Group PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿3,152 Mil. Eastern Power Group PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿2,200 Mil. Eastern Power Group PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿2,196 Mil. Eastern Power Group PCL's debt to equity for the quarter that ended in Mar. 2026 was 2.44.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Eastern Power Group PCL's Debt-to-Equity or its related term are showing as below:

BKK:EP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.81   Med: 1.8   Max: 3.37
Current: 2.44

During the past 13 years, the highest Debt-to-Equity Ratio of Eastern Power Group PCL was 3.37. The lowest was 0.81. And the median was 1.80.

BKK:EP's Debt-to-Equity is ranked worse than
91.2% of 955 companies
in the Business Services industry
Industry Median: 0.33 vs BKK:EP: 2.44

Eastern Power Group PCL  (BKK:EP) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Eastern Power Group PCL Debt-to-Equity Related Terms


Eastern Power Group PCL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Eastern Power Group PCL's Debt-to-Equity 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.

Eastern Power Group PCL Debt-to-Equity Chart

Eastern Power Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 1.21 1.28 1.55 2.20

Eastern Power Group PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 1.57 1.81 1.80 2.20 2.44

BKK:EP vs CTAS, CPRT, GPN: Debt-to-Equity Comparison

For the Specialty Business Services subindustry, Eastern Power Group PCL's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Eastern Power Group PCL Debt-to-Equity vs Business Services Industry

For the Business Services industry and Industrials sector, Eastern Power Group PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Eastern Power Group PCL's Debt-to-Equity falls into.


BKK:EP
42GF Score
Eastern Power Group PCL BKK:EP
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eastern Power Group PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eastern Power Group PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Eastern Power Group PCL's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 2.44 mean?
Eastern Power Group PCL (BKK:EP) has a Debt-to-Equity of 2.44 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Eastern Power Group PCL and its competitors. This is 36% above median its historical median of 1.80. Over the past decade, Eastern Power Group PCL's Debt-to-Equity has ranged from 0.81 to 3.37. According to the industry distribution chart, Eastern Power Group PCL ranks #871 out of 955 companies in the Business Services industry, placing it in the top 91.2%.
Is Eastern Power Group PCL's Debt-to-Equity too high?
Eastern Power Group PCL's current Debt-to-Equity of 2.44 is 36% above median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 3.37. The Business Services industry median Debt-to-Equity is 0.33. Eastern Power Group PCL's value of 2.44 is 639.4% above this industry median. Based on the distribution chart, Eastern Power Group PCL ranks #871 out of 955 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Eastern Power Group PCL has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eastern Power Group PCL's Debt-to-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Eastern Power Group PCL ranks #871 out of 955 companies for Debt-to-Equity. This places Eastern Power Group PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.33. Eastern Power Group PCL's value of 2.44 is 639.4% above this benchmark. Historically, Eastern Power Group PCL's own Debt-to-Equity has ranged from 0.81 to 3.37 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 0.33, Eastern Power Group PCL 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-Equity for a Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 955 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eastern Power Group PCL's current Debt-to-Equity of 2.44 is 639.4% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Eastern Power Group PCL and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastern Power Group PCL's current Debt-to-Equity is 2.44, which is 36% above median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Power Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Eastern Power Group PCL (BKK:EP) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.07, compared to a current price of ฿1.16 — trading 44% below its estimated fair value. The current Debt-to-Equity is 2.44, which is 36% above median its 10-year median of 1.80 and 639.4% above the Business Services industry median of 0.33. Eastern Power Group PCL's overall GF Score™ is 42/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Eastern Power Group PCL (BKK:EP), the current Debt-to-Equity is 2.44 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 Eastern Power Group PCL (BKK:EP) Overvalued in 2026?

Based on GuruFocus' analysis, Eastern Power Group PCL stock appears to be undervalued. The current stock price of ฿1.16 is trading 44% below its estimated GF Value™ of ฿2.07. GuruFocus considers Eastern Power Group PCL to be Possible Value Trap.

Key valuation signals for BKK:EP:

  • Debt-to-Equity: 2.44 (36% above median its 10-year median of 1.80)
  • GF Value™: ฿2.07 vs. price of ฿1.16 (44% below fair value)
  • GF Score™: 42/100 with 8 warning signs
  • Industry Position: 639.4% above the Business Services median (#871 of 955)

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


Eastern Power Group PCL Business Description

Address Vibhavadi Rangsit Road, 51/29, 51/61, Soi Vibhavadee Rangsit 66 (Siamsamakee), Talad Bangkhen, Laksi, Bangkok, THA, 10210
Eastern Power Group PCL is a Thailand-based holding company. It operates in four segments: Printing, Holding other companies shares, Solar power plants and wind power plants, and Installation of rooftop solar systems & maintenance of solar farms. The majority of its revenue is from the Printing segment, which provides printing services related to newspapers, magazines, textbooks, wall calendars, desk calendars, packaging materials, leaflets, brochures, etc. Geographically, the company derives maximum revenue from its business in Thailand and also has a presence in Japan, Hong Kong, and Vietnam.
42GF Score

Get the complete analysis for BKK:EP

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

฿1.16
Price
฿2.07
GF Value