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TPC Power Holding PCLBKK:TPCH-R 55 Debt-to-Equity is 1.14 as of Jun. 2026, which is at its 10-year median of 1.14. GuruFocus rates BKK:TPCH-R with a GF Score™ of 55/100 and a GF Value™ of ฿4.74 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 397 Utilities - Independent Power Producers companies, TPC Power Holding PCL ranks worse than 60.2% on this metric.
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 TPC Power Holding PCL's Debt-to-Equity or its related term are showing as below:
BKK:TPCH-R'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 1.14 Max: 1.84
Current: 1.14
During the past 13 years, the highest Debt-to-Equity Ratio of TPC Power Holding PCL was 1.84. The lowest was 0.76. And the median was 1.14.
BKK:TPCH-R's Debt-to-Equity is ranked worse than 60.2% of 397
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.84
vs BKK:TPCH-R: 1.14
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.
TPC Power Holding PCL Debt-to-Equity Related Terms
TPC Power Holding PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for TPC Power Holding 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.
TPC Power Holding PCL Debt-to-Equity Competitor Comparison
For the Utilities - Renewable subindustry, TPC Power Holding 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.
TPC Power Holding PCL Debt-to-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, TPC Power Holding PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where TPC Power Holding PCL's Debt-to-Equity 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.
TPC Power Holding PCL (BKK:TPCH-R) has a Debt-to-Equity of 1.14 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on TPC Power Holding PCL and its competitors. This is near median its historical median of 1.14. Over the past decade, TPC Power Holding PCL's Debt-to-Equity has ranged from 0.76 to 1.84. According to the industry distribution chart, TPC Power Holding PCL ranks #239 out of 397 companies in the Utilities - Independent Power Producers industry, placing it in the top 60.2%.
Is TPC Power Holding PCL's Debt-to-Equity too high?
TPC Power Holding PCL's current Debt-to-Equity of 1.14 is near median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.84. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. TPC Power Holding PCL's value of 1.14 is 35.7% above this industry median. Based on the distribution chart, TPC Power Holding PCL ranks #239 out of 397 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, TPC Power Holding PCL has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TPC Power Holding PCL's Debt-to-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, TPC Power Holding PCL ranks #239 out of 397 companies for Debt-to-Equity. This places TPC Power Holding PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.84. TPC Power Holding PCL's value of 1.14 is 35.7% above this benchmark. Historically, TPC Power Holding PCL's own Debt-to-Equity has ranged from 0.76 to 1.84 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 0.84, TPC Power Holding 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 an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.84, based on 397 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. TPC Power Holding PCL's current Debt-to-Equity of 1.14 is 35.7% 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 TPC Power Holding PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPC Power Holding PCL's current Debt-to-Equity is 1.14, which is near median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPC Power Holding PCL stock overvalued right now?
Based on GuruFocus' analysis, TPC Power Holding PCL (BKK:TPCH-R) is currently considered Possible Value Trap. The stock's GF Value™ is ฿4.74, compared to a current price of ฿0.99 — trading 79.1% below its estimated fair value. The current Debt-to-Equity is 1.14, which is near median its 10-year median of 1.14 and 35.7% above the Utilities - Independent Power Producers industry median of 0.84. TPC Power Holding PCL'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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For TPC Power Holding PCL (BKK:TPCH-R), the current Debt-to-Equity is 1.14 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 TPC Power Holding PCL (BKK:TPCH-R) Overvalued in 2026?
Based on GuruFocus' analysis, TPC Power Holding PCL stock appears to be undervalued.
The current stock price of ฿0.99 is trading 79.1% below its estimated GF Value™ of ฿4.74.
GuruFocus considers TPC Power Holding PCL to be Possible Value Trap.
Key valuation signals for BKK:TPCH-R:
Debt-to-Equity: 1.14 (near median its 10-year median of 1.14)
GF Value™: ฿4.74 vs. price of ฿0.99 (79.1% below fair value)
Industry Position: 35.7% above the Utilities - Independent Power Producers median (#239 of 397)
No single metric tells the full story. See the BKK:TPCH-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TPC Power Holding PCL, along with its subsidiaries, is engaged in the business of generating and distributing electricity from various types of renewable energy sources and providing related support services. Its projects consist of the biomass power plant and other renewable power plants. The company operates in two divisions: Sale of electricity current and Sale of biogas. The majority of its revenue is generated from the sale of electricity current.
55GF Score
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