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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.
BKK:BAFS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.58 Med: 7.37 Max: 43.3
Current: 7.16
During the past 13 years, the highest Debt-to-EBITDA Ratio of Bangkok Aviation Fuel Services PCL was 43.30. The lowest was 1.58. And the median was 7.37.
BKK:BAFS's Debt-to-EBITDA is ranked worse than 84.93% of 869
companies
in the Transportation industry
Industry Median: 2.65
vs BKK:BAFS: 7.16
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.
Bangkok Aviation Fuel Services PCL Debt-to-EBITDA Related Terms
Bangkok Aviation Fuel Services 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.
For the Airports & Air Services subindustry, Bangkok Aviation Fuel Services 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.
Bangkok Aviation Fuel Services PCL Debt-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Bangkok Aviation Fuel Services PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Bangkok Aviation Fuel Services 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.
Bangkok Aviation Fuel Services PCL (BKK:BAFS) has a Debt-to-EBITDA of 5.81 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 Bangkok Aviation Fuel Services PCL. This is 21% below median its historical median of 7.37. Over the past decade, Bangkok Aviation Fuel Services PCL's Debt-to-EBITDA has ranged from 1.58 to 43.30. According to the industry distribution chart, Bangkok Aviation Fuel Services PCL ranks #738 out of 869 companies in the Transportation industry, placing it in the top 84.9%.
Is Bangkok Aviation Fuel Services PCL's Debt-to-EBITDA too high?
Bangkok Aviation Fuel Services PCL's current Debt-to-EBITDA of 5.81 is 21% below median its 10-year median of 7.37. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 43.30. The Transportation industry median Debt-to-EBITDA is 2.65. Bangkok Aviation Fuel Services PCL's value of 5.81 is 119.2% above this industry median. Based on the distribution chart, Bangkok Aviation Fuel Services PCL ranks #738 out of 869 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Bangkok Aviation Fuel Services PCL has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bangkok Aviation Fuel Services PCL's Debt-to-EBITDA compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Bangkok Aviation Fuel Services PCL ranks #738 out of 869 companies for Debt-to-EBITDA. This places Bangkok Aviation Fuel Services PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 2.65. Bangkok Aviation Fuel Services PCL's value of 5.81 is 119.2% above this benchmark. Historically, Bangkok Aviation Fuel Services PCL's own Debt-to-EBITDA has ranged from 1.58 to 43.30 over the past decade. While the company's 10-year median is 7.37 vs. the industry median of 2.65, Bangkok Aviation Fuel Services 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 Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.65, based on 869 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. Bangkok Aviation Fuel Services PCL's current Debt-to-EBITDA of 5.81 is 119.2% 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 Bangkok Aviation Fuel Services PCL. For the Transportation industry, the median Debt-to-EBITDA is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Aviation Fuel Services PCL's current Debt-to-EBITDA is 5.81, which is 21% below median its own 10-year median of 7.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Aviation Fuel Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Aviation Fuel Services PCL (BKK:BAFS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿15.79, compared to a current price of ฿10.30 — trading 34.8% below its estimated fair value. The current Debt-to-EBITDA is 5.81, which is 21% below median its 10-year median of 7.37 and 119.2% above the Transportation industry median of 2.65. Bangkok Aviation Fuel Services PCL's overall GF Score™ is 74/100 with 9 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 Bangkok Aviation Fuel Services PCL (BKK:BAFS), the current Debt-to-EBITDA is 5.81 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 Bangkok Aviation Fuel Services PCL (BKK:BAFS) Overvalued in 2026?
Based on GuruFocus' analysis, Bangkok Aviation Fuel Services PCL stock appears to be undervalued.
The current stock price of ฿10.30 is trading 34.8% below its estimated GF Value™ of ฿15.79.
GuruFocus considers Bangkok Aviation Fuel Services PCL to be Possible Value Trap.
Key valuation signals for BKK:BAFS:
Debt-to-EBITDA: 5.81 (21% below median its 10-year median of 7.37)
GF Value™: ฿15.79 vs. price of ฿10.30 (34.8% below fair value)
Industry Position: 119.2% above the Transportation median (#738 of 869)
No single metric tells the full story. See the BKK:BAFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bangkok Aviation Fuel Services PCL Business Description
Bangkok Aviation Fuel Services PCL provides fuel services and storage for multiple airports in Thailand. The company has three operating segments: The aviation segment, the Utility and Power segment, and the business solution segment. The aviation segment provides in-plane service, manufacture, and assembly of hydrant dispensers. The utilities and power segment provides fuel pipeline transportation services, as well as the generation and distribution of electricity from solar power to the government. The business solution segment involves the development, design, manufacture, and sales of innovation and digital products, including the provision of other services. The majority of its revenue is generated from the Aviation segment.
74GF 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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