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Asphere Innovations PCLBKK:AS -4.03%63 Debt-to-EBITDA is 0.15 as of Mar. 2026, which is 42% below its 10-year median of 0.26. GuruFocus rates BKK:AS with a GF Score™ of 63/100 and a GF Value™ of ฿3.74 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 305 Interactive Media companies, Asphere Innovations PCL ranks better than 72.79% 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 Asphere Innovations PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:AS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02 Med: 0.26 Max: 31.8
Current: 0.14
During the past 13 years, the highest Debt-to-EBITDA Ratio of Asphere Innovations PCL was 31.80. The lowest was 0.02. And the median was 0.26.
BKK:AS's Debt-to-EBITDA is ranked better than 72.79% of 305
companies
in the Interactive Media industry
Industry Median: 0.67
vs BKK:AS: 0.14
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.
Asphere Innovations PCL Debt-to-EBITDA Related Terms
Asphere Innovations PCL Debt-to-EBITDA Historical Data
* 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:AS vs NTES, EA, TTWO: Debt-to-EBITDA Comparison
For the Electronic Gaming & Multimedia subindustry, Asphere Innovations 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.
Asphere Innovations PCL Debt-to-EBITDA vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Asphere Innovations PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Asphere Innovations 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.
Asphere Innovations PCL (BKK:AS) has a Debt-to-EBITDA of 0.15 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 Asphere Innovations PCL. This is 42% below median its historical median of 0.26. Over the past decade, Asphere Innovations PCL's Debt-to-EBITDA has ranged from 0.02 to 31.80. According to the industry distribution chart, Asphere Innovations PCL ranks #83 out of 305 companies in the Interactive Media industry, placing it in the top 27.2%.
Is Asphere Innovations PCL's Debt-to-EBITDA too high?
Asphere Innovations PCL's current Debt-to-EBITDA of 0.15 is 42% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 31.80. The Interactive Media industry median Debt-to-EBITDA is 0.67. Asphere Innovations PCL's value of 0.15 is 77.6% below this industry median. Based on the distribution chart, Asphere Innovations PCL ranks #83 out of 305 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Asphere Innovations PCL has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asphere Innovations PCL's Debt-to-EBITDA compare to NTES and EA?
According to the Interactive Media industry distribution chart, Asphere Innovations PCL ranks #83 out of 305 companies for Debt-to-EBITDA. This puts Asphere Innovations PCL in the upper half of its industry. The industry median Debt-to-EBITDA is 0.67. Asphere Innovations PCL's value of 0.15 is 77.6% below this benchmark. Historically, Asphere Innovations PCL's own Debt-to-EBITDA has ranged from 0.02 to 31.80 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.67, Asphere Innovations 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 Debt-to-EBITDA for an Interactive Media company?
The median Debt-to-EBITDA among Interactive Media companies is 0.67, based on 305 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. Asphere Innovations PCL's current Debt-to-EBITDA of 0.15 is 77.6% 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 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 Asphere Innovations PCL. For the Interactive Media industry, the median Debt-to-EBITDA is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asphere Innovations PCL's current Debt-to-EBITDA is 0.15, which is 42% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asphere Innovations PCL stock overvalued right now?
Based on GuruFocus' analysis, Asphere Innovations PCL (BKK:AS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿3.74, compared to a current price of ฿2.38 — trading 36.4% below its estimated fair value. The current Debt-to-EBITDA is 0.15, which is 42% below median its 10-year median of 0.26 and 77.6% below the Interactive Media industry median of 0.67. Asphere Innovations PCL's overall GF Score™ is 63/100 with 5 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 Asphere Innovations PCL (BKK:AS), the current Debt-to-EBITDA is 0.15 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 Asphere Innovations PCL (BKK:AS) Overvalued in 2026?
Based on GuruFocus' analysis, Asphere Innovations PCL stock appears to be undervalued.
The current stock price of ฿2.38 is trading 36.4% below its estimated GF Value™ of ฿3.74.
GuruFocus considers Asphere Innovations PCL to be Possible Value Trap.
Key valuation signals for BKK:AS:
Debt-to-EBITDA: 0.15 (42% below median its 10-year median of 0.26)
GF Value™: ฿3.74 vs. price of ฿2.38 (36.4% below fair value)
Industry Position: 77.6% below the Interactive Media median (#83 of 305)
No single metric tells the full story. See the BKK:AS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asphere Innovations PCL is engaged in providing online game services. The Company operates in two segments: the publishing online game segment, which contributes the majority of the revenue and provides online game publishing services through the internet based on agreements between the publisher and game developers; and the distribution segment, which provides payment channel services. Other income mainly comprises revenue from the provision of marketing services. The Company offers a collection of games across PC and mobile platforms, covering genres such as MMORPG, Casual, SRPG, FPS, and MOBA. It operates in Thailand, Singapore, Vietnam, and other countries, with Singapore contributing the majority of the revenue.
63GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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