Thai Solar Energy PCLBKK:TSE-R 42 EV-to-EBITDA is 7.59 as of Jul. 03, 2026, which is 45% below its 10-year median of 13.80. GuruFocus rates BKK:TSE-R with a GF Score™ of 42/100 and a GF Value™ of ฿0.76. The stock has 5 warning signs investors should review. Among 357 Utilities - Independent Power Producers companies, Thai Solar Energy PCL ranks better than 70.31% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Thai Solar Energy PCL's enterprise value is ฿4,110 Mil.
Thai Solar Energy PCL's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ฿542 Mil. Therefore, Thai Solar Energy PCL's EV-to-EBITDA for today is 7.59.
The historical rank and industry rank for Thai Solar Energy PCL's EV-to-EBITDA or its related term are showing as below:
BKK:TSE-R'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -485.15 Med: 13.8 Max: 647.6
Current: 7.59
During the past 13 years, the highest EV-to-EBITDA of Thai Solar Energy PCL was 647.60. The lowest was -485.15. And the median was 13.80.
BKK:TSE-R's EV-to-EBITDA is ranked better than 70.31% of 357
companies
in the Utilities - Independent Power Producers industry
Industry Median: 11.52
vs BKK:TSE-R: 7.59
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Thai Solar Energy PCL (BKK:TSE-R) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Thai Solar Energy PCL's PE Ratio (TTM) for today is calculated as:
Thai Solar Energy PCL's share price for today is ฿0.60558.
Thai Solar Energy PCL's Earnings per Share (Diluted) 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 ฿0.011.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
Thai Solar Energy PCL EV-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Thai Solar Energy PCL's EV-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.
Thai Solar Energy PCL EV-to-EBITDA Competitor Comparison
For the Utilities - Renewable subindustry, Thai Solar Energy PCL's EV-to-EBITDA, along with its competitors' market caps and EV-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.
Thai Solar Energy PCL EV-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Thai Solar Energy PCL's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Thai Solar Energy PCL's EV-to-EBITDA falls into.
Thai Solar Energy PCL's current Enterprise Value is ฿4,110 Mil.
Thai Solar Energy PCL's EBITDA 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 ฿542 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.
Thai Solar Energy PCL (BKK:TSE-R) has a EV-to-EBITDA of 7.59 as of Jul. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Thai Solar Energy PCL. This is 45% below median its historical median of 13.80. According to the industry distribution chart, Thai Solar Energy PCL ranks #106 out of 357 companies in the Utilities - Independent Power Producers industry, placing it in the top 29.7%.
Is Thai Solar Energy PCL's EV-to-EBITDA too high?
Thai Solar Energy PCL's current EV-to-EBITDA of 7.59 is 45% below median its 10-year median of 13.80. The Utilities - Independent Power Producers industry median EV-to-EBITDA is 11.52. Thai Solar Energy PCL's value of 7.59 is 34.1% below this industry median. Based on the distribution chart, Thai Solar Energy PCL ranks #106 out of 357 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Thai Solar Energy PCL has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Thai Solar Energy PCL's EV-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Thai Solar Energy PCL ranks #106 out of 357 companies for EV-to-EBITDA. This puts Thai Solar Energy PCL in the upper half of its industry. The industry median EV-to-EBITDA is 11.52. Thai Solar Energy PCL's value of 7.59 is 34.1% below this benchmark. While the company's 10-year median is 13.80 vs. the industry median of 11.52, Thai Solar Energy PCL 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 EV-to-EBITDA for an Utilities - Independent Power Producers company?
The median EV-to-EBITDA among Utilities - Independent Power Producers companies is 11.52, based on 357 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thai Solar Energy PCL's current EV-to-EBITDA of 7.59 is 34.1% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Thai Solar Energy PCL. For the Utilities - Independent Power Producers industry, the median EV-to-EBITDA is 11.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Solar Energy PCL's current EV-to-EBITDA is 7.59, which is 45% below median its own 10-year median of 13.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Solar Energy PCL stock overvalued right now?
Thai Solar Energy PCL (BKK:TSE-R) has a current EV-to-EBITDA of 7.59. The stock's GF Value™ is ฿0.76, compared to a current price of ฿0.61 — trading 20.3% below its estimated fair value. The current EV-to-EBITDA is 7.59, which is 45% below median its 10-year median of 13.80 and 34.1% below the Utilities - Independent Power Producers industry median of 11.52. Thai Solar Energy PCL's overall GF Score™ is 42/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Thai Solar Energy PCL (BKK:TSE-R), the current EV-to-EBITDA is 7.59 as of Jul. 03, 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 Thai Solar Energy PCL (BKK:TSE-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Solar Energy PCL stock appears to be undervalued.
The current stock price of ฿0.61 is trading 20.3% below its estimated GF Value™ of ฿0.76.
Key valuation signals for BKK:TSE-R:
EV-to-EBITDA: 7.59 (45% below median its 10-year median of 13.80)
GF Value™: ฿0.76 vs. price of ฿0.61 (20.3% below fair value)
Industry Position: 34.1% below the Utilities - Independent Power Producers median (#106 of 357)
No single metric tells the full story. See the BKK:TSE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Solar Energy PCL is engaged in the generation and distribution of electricity from solar power to the government and private sector. The company has its operational footprints in Thailand and Japan. Its operating segments are Domestic and International of which, the company generates a majority of its revenue from the Domestic segment. The firm's projects are Solar PV Farms Thailand, Solar PV Farms Japan, Solar PV Rooftop Plants Thailand and Biomass Power Plants.
42GF Score
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