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Assetwise PCLBKK:ASW +1.36%87 Debt-to-EBITDA is 10.79 as of Mar. 2026, which is 71% above its 10-year median of 6.30. GuruFocus rates BKK:ASW with a GF Score™ of 87/100 and a GF Value™ of ฿9.34 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 1,273 Real Estate companies, Assetwise PCL ranks worse than 63.86% 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 Assetwise PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:ASW'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.22 Med: 6.3 Max: 8.85
Current: 8.11
During the past 7 years, the highest Debt-to-EBITDA Ratio of Assetwise PCL was 8.85. The lowest was 3.22. And the median was 6.30.
BKK:ASW's Debt-to-EBITDA is ranked worse than 63.86% of 1273
companies
in the Real Estate industry
Industry Median: 5.62
vs BKK:ASW: 8.11
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.
Assetwise PCL Debt-to-EBITDA Related Terms
Assetwise PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Assetwise 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.
For the Real Estate - Development subindustry, Assetwise 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.
Assetwise PCL Debt-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Assetwise PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Assetwise 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.
Assetwise PCL (BKK:ASW) has a Debt-to-EBITDA of 10.79 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 Assetwise PCL. This is 71% above median its historical median of 6.30. Over the past decade, Assetwise PCL's Debt-to-EBITDA has ranged from 3.22 to 8.85. According to the industry distribution chart, Assetwise PCL ranks #813 out of 1273 companies in the Real Estate industry, placing it in the top 63.9%.
Is Assetwise PCL's Debt-to-EBITDA too high?
Assetwise PCL's current Debt-to-EBITDA of 10.79 is 71% above median its 10-year median of 6.30. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 8.85. The Real Estate industry median Debt-to-EBITDA is 5.62. Assetwise PCL's value of 10.79 is 92% above this industry median. Based on the distribution chart, Assetwise PCL ranks #813 out of 1273 companies in the Real Estate industry, which is below the industry midpoint. Overall, Assetwise PCL has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Assetwise PCL's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Assetwise PCL ranks #813 out of 1273 companies for Debt-to-EBITDA. This places Assetwise PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 5.62. Assetwise PCL's value of 10.79 is 92% above this benchmark. Historically, Assetwise PCL's own Debt-to-EBITDA has ranged from 3.22 to 8.85 over the past decade. While the company's 10-year median is 6.30 vs. the industry median of 5.62, Assetwise 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.62, based on 1,273 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. Assetwise PCL's current Debt-to-EBITDA of 10.79 is 92% 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 Assetwise PCL. For the Real Estate industry, the median Debt-to-EBITDA is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Assetwise PCL's current Debt-to-EBITDA is 10.79, which is 71% above median its own 10-year median of 6.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assetwise PCL stock overvalued right now?
Based on GuruFocus' analysis, Assetwise PCL (BKK:ASW) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿9.34, compared to a current price of ฿7.45 — trading 20.2% below its estimated fair value. The current Debt-to-EBITDA is 10.79, which is 71% above median its 10-year median of 6.30 and 92% above the Real Estate industry median of 5.62. Assetwise PCL's overall GF Score™ is 87/100 with 12 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 Assetwise PCL (BKK:ASW), the current Debt-to-EBITDA is 10.79 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 Assetwise PCL (BKK:ASW) Overvalued in 2026?
Based on GuruFocus' analysis, Assetwise PCL stock appears to be undervalued.
The current stock price of ฿7.45 is trading 20.2% below its estimated GF Value™ of ฿9.34.
GuruFocus considers Assetwise PCL to be Modestly Undervalued.
Key valuation signals for BKK:ASW:
Debt-to-EBITDA: 10.79 (71% above median its 10-year median of 6.30)
GF Value™: ฿9.34 vs. price of ฿7.45 (20.2% below fair value)
Industry Position: 92% above the Real Estate median (#813 of 1273)
No single metric tells the full story. See the BKK:ASW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Assetwise PCL operates in the business of real estate development for sale and real estate development for lease, the business of real estate agents, intermediary services for international payments, and research and investment in digital assets, lifestyle business, and technology. Its real estate portfolio includes both condominiums and horizontal residential property, namely, single houses, townhomes, and home offices. The company generates revenue via rental and services, the sale of real estate, and dividend income.
87GF Score
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