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Bangchak PCLBKK:BCP +2.25%82 Debt-to-EBITDA is 5.42 as of Dec. 2025, which is 51% above its 10-year median of 3.58. GuruFocus rates BKK:BCP with a GF Score™ of 82/100 and a GF Value™ of ฿36.64 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 713 Oil & Gas companies, Bangchak PCL ranks worse than 80.08% 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 Bangchak PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:BCP'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.25 Med: 3.58 Max: 41.49
Current: 4.79
During the past 13 years, the highest Debt-to-EBITDA Ratio of Bangchak PCL was 41.49. The lowest was 2.25. And the median was 3.58.
BKK:BCP's Debt-to-EBITDA is ranked worse than 80.08% of 713
companies
in the Oil & Gas industry
Industry Median: 2
vs BKK:BCP: 4.79
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.
Bangchak PCL Debt-to-EBITDA Related Terms
Bangchak PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Bangchak 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:BCP vs MPC, VLO, PSX: Debt-to-EBITDA Comparison
For the Oil & Gas Refining & Marketing subindustry, Bangchak 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.
Bangchak PCL Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Bangchak PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Bangchak 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 (Dec. 2025) EBITDA data.
Bangchak PCL (BKK:BCP) has a Debt-to-EBITDA of 5.42 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Bangchak PCL. This is 51% above median its historical median of 3.58. Over the past decade, Bangchak PCL's Debt-to-EBITDA has ranged from 2.25 to 41.49. According to the industry distribution chart, Bangchak PCL ranks #571 out of 713 companies in the Oil & Gas industry, placing it in the top 80.1%.
Is Bangchak PCL's Debt-to-EBITDA too high?
Bangchak PCL's current Debt-to-EBITDA of 5.42 is 51% above median its 10-year median of 3.58. Over the past 10 years, this metric has ranged from a low of 2.25 to a high of 41.49. The Oil & Gas industry median Debt-to-EBITDA is 2.00. Bangchak PCL's value of 5.42 is 171% above this industry median. Based on the distribution chart, Bangchak PCL ranks #571 out of 713 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Bangchak PCL has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bangchak PCL's Debt-to-EBITDA compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Bangchak PCL ranks #571 out of 713 companies for Debt-to-EBITDA. This places Bangchak PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 2.00. Bangchak PCL's value of 5.42 is 171% above this benchmark. Historically, Bangchak PCL's own Debt-to-EBITDA has ranged from 2.25 to 41.49 over the past decade. While the company's 10-year median is 3.58 vs. the industry median of 2.00, Bangchak 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 an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.00, based on 713 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. Bangchak PCL's current Debt-to-EBITDA of 5.42 is 171% 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 Bangchak PCL. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangchak PCL's current Debt-to-EBITDA is 5.42, which is 51% above median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangchak PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangchak PCL (BKK:BCP) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿36.64, compared to a current price of ฿45.50 — trading 24.2% above its estimated fair value. The current Debt-to-EBITDA is 5.42, which is 51% above median its 10-year median of 3.58 and 171% above the Oil & Gas industry median of 2.00. Bangchak PCL's overall GF Score™ is 82/100 with 7 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 Bangchak PCL (BKK:BCP), the current Debt-to-EBITDA is 5.42 as of Dec. 2025. 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 Bangchak PCL (BKK:BCP) Overvalued in 2026?
Based on GuruFocus' analysis, Bangchak PCL stock appears to be overvalued.
The current stock price of ฿45.50 is trading 24.2% above its estimated GF Value™ of ฿36.64.
GuruFocus considers Bangchak PCL to be Modestly Overvalued.
Key valuation signals for BKK:BCP:
Debt-to-EBITDA: 5.42 (51% above median its 10-year median of 3.58)
GF Value™: ฿36.64 vs. price of ฿45.50 (24.2% above fair value)
Industry Position: 171% above the Oil & Gas median (#571 of 713)
No single metric tells the full story. See the BKK:BCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bangchak Corp PCL is a Thailand-based energy company that engages in petroleum refining. The company operates in six reporting segments: Refinery and oil trading, Marketing, Electricity, Bio-based product, Natural resource. Majority of revenue is from Refinery and oil trading. The company Thailand, Singapore, Norway, Laos, Korea, and Others, with maximum of revenue from Thailand.
82GF Score
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