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AIRA Capital PCLBKK:AIRA 46 Debt-to-EBITDA is 9.82 as of Mar. 2026, which is 37% below its 10-year median of 15.52. GuruFocus rates BKK:AIRA with a GF Score™ of 46/100 and a GF Value™ of ฿1.37 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 421 Capital Markets companies, AIRA Capital PCL ranks worse than 89.07% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for AIRA Capital PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:AIRA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -47.52 Med: 15.52 Max: 518.28
Current: 12.03
During the past 13 years, the highest Debt-to-EBITDA Ratio of AIRA Capital PCL was 518.28. The lowest was -47.52. And the median was 15.52.
BKK:AIRA's Debt-to-EBITDA is ranked worse than 89.07% of 421
companies
in the Capital Markets industry
Industry Median: 1.54
vs BKK:AIRA: 12.03
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
AIRA Capital PCL Debt-to-EBITDA Related Terms
AIRA Capital PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for AIRA Capital PCL's Debt-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.
BKK:AIRA vs MS, GS, SCHW: Debt-to-EBITDA Comparison
For the Capital Markets subindustry, AIRA Capital PCL's Debt-to-EBITDA, along with its competitors' market caps and Debt-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.
AIRA Capital PCL Debt-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, AIRA Capital PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where AIRA Capital PCL's Debt-to-EBITDA 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
AIRA Capital PCL (BKK:AIRA) has a Debt-to-EBITDA of 9.82 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on AIRA Capital PCL. This is 37% below median its historical median of 15.52. According to the industry distribution chart, AIRA Capital PCL ranks #375 out of 421 companies in the Capital Markets industry, placing it in the top 89.1%.
Is AIRA Capital PCL's Debt-to-EBITDA too high?
AIRA Capital PCL's current Debt-to-EBITDA of 9.82 is 37% below median its 10-year median of 15.52. The Capital Markets industry median Debt-to-EBITDA is 1.54. AIRA Capital PCL's value of 9.82 is 537.7% above this industry median. Based on the distribution chart, AIRA Capital PCL ranks #375 out of 421 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, AIRA Capital PCL has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AIRA Capital PCL's Debt-to-EBITDA compare to MS and GS?
According to the Capital Markets industry distribution chart, AIRA Capital PCL ranks #375 out of 421 companies for Debt-to-EBITDA. This places AIRA Capital PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 1.54. AIRA Capital PCL's value of 9.82 is 537.7% above this benchmark. While the company's 10-year median is 15.52 vs. the industry median of 1.54, AIRA Capital 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-EBITDA for a Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.54, based on 421 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AIRA Capital PCL's current Debt-to-EBITDA of 9.82 is 537.7% 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-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on AIRA Capital PCL. For the Capital Markets industry, the median Debt-to-EBITDA is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIRA Capital PCL's current Debt-to-EBITDA is 9.82, which is 37% below median its own 10-year median of 15.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIRA Capital PCL stock overvalued right now?
Based on GuruFocus' analysis, AIRA Capital PCL (BKK:AIRA) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.37, compared to a current price of ฿1.02 — trading 25.5% below its estimated fair value. The current Debt-to-EBITDA is 9.82, which is 37% below median its 10-year median of 15.52 and 537.7% above the Capital Markets industry median of 1.54. AIRA Capital PCL's overall GF Score™ is 46/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For AIRA Capital PCL (BKK:AIRA), the current Debt-to-EBITDA is 9.82 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 AIRA Capital PCL (BKK:AIRA) Overvalued in 2026?
Based on GuruFocus' analysis, AIRA Capital PCL stock appears to be undervalued.
The current stock price of ฿1.02 is trading 25.5% below its estimated GF Value™ of ฿1.37.
GuruFocus considers AIRA Capital PCL to be Modestly Undervalued.
Key valuation signals for BKK:AIRA:
Debt-to-EBITDA: 9.82 (37% below median its 10-year median of 15.52)
GF Value™: ฿1.37 vs. price of ฿1.02 (25.5% below fair value)
Industry Position: 537.7% above the Capital Markets median (#375 of 421)
No single metric tells the full story. See the BKK:AIRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AIRA Capital PCL is an investment firm investing in other companies. The company operates business segments namely Securities and investment business segment, which services a securities and derivatives brokerage, securities trading and investment; Advisory and investment banking segment, which services an investment and financial advisory, underwriting and private fund management; Factoring segment, which purchases account receivables; Rental and service business segment, which engages in finance lease, hire purchase and operating lease for industrial equipment and machines and Property development segment which involves the development of properties. It derives the majority of its income from brokerage fees, management fees, and interest and dividends on investments.
46GF Score
Get the complete analysis for BKK:AIRA
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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