WHA Utilities and Power PCL (BKK:WHAUP) EV-to-EBITDA: 20.88 (As of Sep. 20, 2026) — 41% Above Median

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BKK:WHAUP WHA Utilities and Power PCL BKK:WHAUP
78 GF Score
Price ฿7.10
GF Value ฿5.42
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is WHA Utilities and Power PCL EV-to-EBITDA?

WHA Utilities and Power PCL BKK:WHAUP -0.70% 78 EV-to-EBITDA is 20.88 as of Sep. 20, 2026, which is 41% above its 10-year median of 14.82. GuruFocus rates BKK:WHAUP with a GF Score™ of 78/100 and a GF Value™ of ฿5.42 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 474 Utilities - Regulated companies, WHA Utilities and Power PCL ranks worse than 89.03% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, WHA Utilities and Power PCL's enterprise value is ฿43,230 Mil. WHA Utilities and Power PCL's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ฿2,070 Mil. Therefore, WHA Utilities and Power PCL's EV-to-EBITDA for today is 20.88.

The historical rank and industry rank for WHA Utilities and Power PCL's EV-to-EBITDA or its related term are showing as below:

BKK:WHAUP' s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.2   Med: 14.82   Max: 23.9
Current: 15.87

During the past 11 years, the highest EV-to-EBITDA of WHA Utilities and Power PCL was 23.90. The lowest was 9.20. And the median was 14.82.

BKK:WHAUP's EV-to-EBITDA is ranked worse than
89.03% of 474 companies
in the Utilities - Regulated industry
Industry Median: 9.165 vs BKK:WHAUP: 15.87

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.

As of today (2026-09-20), WHA Utilities and Power PCL's stock price is ฿7.10. WHA Utilities and Power PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ฿0.389. Therefore, WHA Utilities and Power PCL's PE Ratio (TTM) for today is 18.25.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


WHA Utilities and Power PCL  (BKK:WHAUP) 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.

WHA Utilities and Power PCL's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=7.10/0.389
=18.25

WHA Utilities and Power PCL's share price for today is ฿7.10.
WHA Utilities and Power PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.389.

* 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).

Please read Which price ratio outperforms the enterprise multiple?


WHA Utilities and Power PCL EV-to-EBITDA Related Terms


WHA Utilities and Power PCL EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for WHA Utilities and Power 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.

WHA Utilities and Power PCL EV-to-EBITDA Chart

WHA Utilities and Power PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.27 25.69 24.41 27.01 25.31

WHA Utilities and Power PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-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 34.30 21.78 25.31 18.40 21.07

BKK:WHAUP vs AWK, WTRG, AWR: EV-to-EBITDA Comparison

For the Utilities - Regulated Water subindustry, WHA Utilities and Power 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.


WHA Utilities and Power PCL EV-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, WHA Utilities and Power PCL's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where WHA Utilities and Power PCL's EV-to-EBITDA falls into.


BKK:WHAUP
78GF Score
WHA Utilities and Power PCL BKK:WHAUP
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WHA Utilities and Power PCL EV-to-EBITDA Calculation

WHA Utilities and Power PCL's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=43230.407/2070.191796
=20.88

WHA Utilities and Power PCL's current Enterprise Value is ฿43,230 Mil.
WHA Utilities and Power PCL's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿2,070 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-EBITDA →
What does a EV-to-EBITDA of 20.88 mean?
WHA Utilities and Power PCL (BKK:WHAUP) has a EV-to-EBITDA of 20.88 as of Sep. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on WHA Utilities and Power PCL. This is 41% above median its historical median of 14.82. Over the past decade, WHA Utilities and Power PCL's EV-to-EBITDA has ranged from 9.20 to 23.90. According to the industry distribution chart, WHA Utilities and Power PCL ranks #422 out of 474 companies in the Utilities - Regulated industry, placing it in the top 89%.
Is WHA Utilities and Power PCL's EV-to-EBITDA too high?
WHA Utilities and Power PCL's current EV-to-EBITDA of 20.88 is 41% above median its 10-year median of 14.82. Over the past 10 years, this metric has ranged from a low of 9.20 to a high of 23.90. The Utilities - Regulated industry median EV-to-EBITDA is 9.17. WHA Utilities and Power PCL's value of 20.88 is 127.8% above this industry median. Based on the distribution chart, WHA Utilities and Power PCL ranks #422 out of 474 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, WHA Utilities and Power PCL has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WHA Utilities and Power PCL's EV-to-EBITDA compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, WHA Utilities and Power PCL ranks #422 out of 474 companies for EV-to-EBITDA. This places WHA Utilities and Power PCL in the lower half of its industry. The industry median EV-to-EBITDA is 9.17. WHA Utilities and Power PCL's value of 20.88 is 127.8% above this benchmark. Historically, WHA Utilities and Power PCL's own EV-to-EBITDA has ranged from 9.20 to 23.90 over the past decade. While the company's 10-year median is 14.82 vs. the industry median of 9.17, WHA Utilities and Power 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 EV-to-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.17, based on 474 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. WHA Utilities and Power PCL's current EV-to-EBITDA of 20.88 is 127.8% 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-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 WHA Utilities and Power PCL. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WHA Utilities and Power PCL's current EV-to-EBITDA is 20.88, which is 41% above median its own 10-year median of 14.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA Utilities and Power PCL stock overvalued right now?
Based on GuruFocus' analysis, WHA Utilities and Power PCL (BKK:WHAUP) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿5.42, compared to a current price of ฿7.10 — trading 31% above its estimated fair value. The current EV-to-EBITDA is 20.88, which is 41% above median its 10-year median of 14.82 and 127.8% above the Utilities - Regulated industry median of 9.17. WHA Utilities and Power PCL's overall GF Score™ is 78/100 with 9 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 WHA Utilities and Power PCL (BKK:WHAUP), the current EV-to-EBITDA is 20.88 as of Sep. 20, 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 WHA Utilities and Power PCL (BKK:WHAUP) Overvalued in 2026?

Based on GuruFocus' analysis, WHA Utilities and Power PCL stock appears to be overvalued. The current stock price of ฿7.10 is trading 31% above its estimated GF Value™ of ฿5.42. GuruFocus considers WHA Utilities and Power PCL to be Significantly Overvalued.

Key valuation signals for BKK:WHAUP:

  • EV-to-EBITDA: 20.88 (41% above median its 10-year median of 14.82)
  • GF Value™: ฿5.42 vs. price of ฿7.10 (31% above fair value)
  • GF Score™: 78/100 with 9 warning signs
  • Industry Position: 127.8% above the Utilities - Regulated median (#422 of 474)

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


WHA Utilities and Power PCL Business Description

Address Moo 13, Debaratna Road (Bangna-Trad) KM.7, 777 WHA Tower 22nd floor, Unit 2203-2205, Bang Kaeo, Bang Phli, Samut Prakarn, THA, 10540
WHA Utilities and Power PCL is an integrated utility product and service provider. The group's principal business operations are providing potable water, raw water, clarified water, wastewater treatment, power business, and holding company. It operates in two segments: Water, which generates the vast majority of the company's revenue; and Power, and both segments are segregated into domestic and overseas. Geographically, it generates the majority of its revenue from the domestic market.
78GF Score

Get the complete analysis for BKK:WHAUP

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

฿7.10
Price
฿5.42
GF Value