Tenaga Nasional Bhd (XKLS:5347) EV-to-EBIT: 15.88 (As of Jul. 26, 2026) — Near Median

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XKLS:5347 Tenaga Nasional Bhd XKLS:5347
83 GF Score
Price RM14.36
GF Value RM14.91
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Tenaga Nasional Bhd EV-to-EBIT?

Tenaga Nasional Bhd XKLS:5347 -0.97% 83 EV-to-EBIT is 15.88 as of Jul. 26, 2026, which is 6% above its 10-year median of 15.00. GuruFocus rates XKLS:5347 with a GF Score™ of 83/100 and a GF Value™ of RM14.91 (Fairly Valued). The stock has 7 warning signs investors should review. Among 463 Utilities - Regulated companies, Tenaga Nasional Bhd ranks worse than 58.1% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tenaga Nasional Bhd's Enterprise Value is RM161,876 Mil. Tenaga Nasional Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was RM10,193 Mil. Therefore, Tenaga Nasional Bhd's EV-to-EBIT for today is 15.88.

The historical rank and industry rank for Tenaga Nasional Bhd's EV-to-EBIT or its related term are showing as below:

XKLS:5347' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.3   Med: 15   Max: 21.98
Current: 15.88

During the past 13 years, the highest EV-to-EBIT of Tenaga Nasional Bhd was 21.98. The lowest was 10.30. And the median was 15.00.

XKLS:5347's EV-to-EBIT is ranked worse than
58.1% of 463 companies
in the Utilities - Regulated industry
Industry Median: 13.69 vs XKLS:5347: 15.88

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tenaga Nasional Bhd's Enterprise Value for the quarter that ended in Mar. 2026 was RM159,194 Mil. Tenaga Nasional Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was RM10,193 Mil. Tenaga Nasional Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.40%.


Tenaga Nasional Bhd  (XKLS:5347) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Tenaga Nasional Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=10192.6/159194.4738
=6.40 %

Tenaga Nasional Bhd's Enterprise Value for the quarter that ended in Mar. 2026 was RM159,194 Mil.
Tenaga Nasional Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM10,193 Mil.

* 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.


Tenaga Nasional Bhd EV-to-EBIT Related Terms


Tenaga Nasional Bhd EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Tenaga Nasional Bhd's EV-to-EBIT 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.

Tenaga Nasional Bhd EV-to-EBIT Chart

Tenaga Nasional Bhd Annual Data
Trend Aug16 Aug17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.91 14.69 16.97 15.59 15.60

Tenaga Nasional Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT 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 14.30 15.14 15.98 15.60 15.62

XKLS:5347 vs NEE, SO, DUK: EV-to-EBIT Comparison

For the Utilities - Regulated Electric subindustry, Tenaga Nasional Bhd's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Tenaga Nasional Bhd EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tenaga Nasional Bhd's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tenaga Nasional Bhd's EV-to-EBIT falls into.


XKLS:5347
83GF Score
Tenaga Nasional Bhd XKLS:5347
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tenaga Nasional Bhd EV-to-EBIT Calculation

Tenaga Nasional Bhd's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=161875.882/10192.6
=15.88

Tenaga Nasional Bhd's current Enterprise Value is RM161,876 Mil.
Tenaga Nasional Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM10,193 Mil.

* 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 EV-to-EBIT →
What does a EV-to-EBIT of 15.88 mean?
Tenaga Nasional Bhd (XKLS:5347) has a EV-to-EBIT of 15.88 as of Jul. 26, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tenaga Nasional Bhd and its competitors. This is near median its historical median of 15.00. Over the past decade, Tenaga Nasional Bhd's EV-to-EBIT has ranged from 10.30 to 21.98. According to the industry distribution chart, Tenaga Nasional Bhd ranks #269 out of 463 companies in the Utilities - Regulated industry, placing it in the top 58.1%.
Is Tenaga Nasional Bhd's EV-to-EBIT too high?
Tenaga Nasional Bhd's current EV-to-EBIT of 15.88 is near median its 10-year median of 15.00. Over the past 10 years, this metric has ranged from a low of 10.30 to a high of 21.98. The Utilities - Regulated industry median EV-to-EBIT is 13.69. Tenaga Nasional Bhd's value of 15.88 is 16% above this industry median. Based on the distribution chart, Tenaga Nasional Bhd ranks #269 out of 463 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Tenaga Nasional Bhd has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tenaga Nasional Bhd's EV-to-EBIT compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Tenaga Nasional Bhd ranks #269 out of 463 companies for EV-to-EBIT. This places Tenaga Nasional Bhd in the lower half of its industry. The industry median EV-to-EBIT is 13.69. Tenaga Nasional Bhd's value of 15.88 is 16% above this benchmark. Historically, Tenaga Nasional Bhd's own EV-to-EBIT has ranged from 10.30 to 21.98 over the past decade. While the company's 10-year median is 15.00 vs. the industry median of 13.69, Tenaga Nasional Bhd 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 EV-to-EBIT for an Utilities - Regulated company?
The median EV-to-EBIT among Utilities - Regulated companies is 13.69, based on 463 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tenaga Nasional Bhd's current EV-to-EBIT of 15.88 is 16% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tenaga Nasional Bhd and its competitors. For the Utilities - Regulated industry, the median EV-to-EBIT is 13.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenaga Nasional Bhd's current EV-to-EBIT is 15.88, which is near median its own 10-year median of 15.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenaga Nasional Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tenaga Nasional Bhd (XKLS:5347) is currently considered Fairly Valued. The stock's GF Value™ is RM14.91, compared to a current price of RM14.36 — trading 3.7% below its estimated fair value. The current EV-to-EBIT is 15.88, which is near median its 10-year median of 15.00 and 16% above the Utilities - Regulated industry median of 13.69. Tenaga Nasional Bhd's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Tenaga Nasional Bhd (XKLS:5347), the current EV-to-EBIT is 15.88 as of Jul. 26, 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 Tenaga Nasional Bhd (XKLS:5347) Overvalued in 2026?

Based on GuruFocus' analysis, Tenaga Nasional Bhd stock appears to be undervalued. The current stock price of RM14.36 is trading 3.7% below its estimated GF Value™ of RM14.91. GuruFocus considers Tenaga Nasional Bhd to be Fairly Valued.

Key valuation signals for XKLS:5347:

  • EV-to-EBIT: 15.88 (near median its 10-year median of 15.00)
  • GF Value™: RM14.91 vs. price of RM14.36 (3.7% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 16% above the Utilities - Regulated median (#269 of 463)

No single metric tells the full story. See the XKLS:5347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenaga Nasional Bhd Business Description

Other Exchanges TNABY:USATNABF:USA
Address No. 3, Jalan Bukit Pantai, Tingkat 16, Tower A, TNB Platinum, Pejabat Setiausaha Syarikat, Bangsar, Kuala Lumpur, SGR, MYS, 59100
Tenaga Nasional Bhd is an electric utility company in Malaysia. The company is involved in the generation, transmission, distribution, and retail of electricity. TNB segments includes Power Generation, Grid, Distribution Network, and Retail. The company encompasses the company's portfolio of thermal and hydroelectric power plants located throughout Malaysia. Through its subsidiaries, TNB also engages in other energy-related operations, such as the manufacturing of transformers. The company generates maximum revenue through the sale of electricity in Malaysia. Its customers are mainly commercial operations, residential consumers, and large industrial entities.
83GF Score

Get the complete analysis for XKLS:5347

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

RM14.36
Price
RM14.91
GF Value