Bless Asset Group PCL (BKK:BLESS) Debt-to-EBITDA : 115.43 (As of Mar. 2026) — 656% Above Median

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BKK:BLESS Bless Asset Group PCL BKK:BLESS
45 GF Score
Price ฿0.27
GF Value ฿0.37
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Bless Asset Group PCL Debt-to-EBITDA?

Bless Asset Group PCL BKK:BLESS 45 Debt-to-EBITDA is 115.43 as of Mar. 2026, which is 656% above its 10-year median of 15.27. GuruFocus rates BKK:BLESS with a GF Score™ of 45/100 and a GF Value™ of ฿0.37 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,275 Real Estate companies, Bless Asset Group PCL ranks worse than 93.8% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Bless Asset Group PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿807.4 Mil. Bless Asset Group PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿32.5 Mil. Bless Asset Group PCL's annualized EBITDA for the quarter that ended in Mar. 2026 was ฿7.3 Mil. Bless Asset Group PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 115.43.

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 Bless Asset Group PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:BLESS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 8.57   Med: 15.27   Max: 41.62
Current: 29.09

During the past 8 years, the highest Debt-to-EBITDA Ratio of Bless Asset Group PCL was 41.62. The lowest was 8.57. And the median was 15.27.

BKK:BLESS's Debt-to-EBITDA is ranked worse than
93.8% of 1275 companies
in the Real Estate industry
Industry Median: 5.62 vs BKK:BLESS: 29.09

Bless Asset Group PCL  (BKK:BLESS) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Bless Asset Group PCL Debt-to-EBITDA Related Terms


Bless Asset Group PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Bless Asset Group 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.

Bless Asset Group PCL Debt-to-EBITDA Chart

Bless Asset Group PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 11.35 14.85 41.62 25.37 37.30

Bless Asset Group PCL Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -87.50 28.44 18.93 35.39 115.43

Bless Asset Group PCL Debt-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, Bless Asset Group 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.


Bless Asset Group PCL Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Bless Asset Group PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bless Asset Group PCL's Debt-to-EBITDA falls into.


BKK:BLESS
45GF Score
Bless Asset Group PCL BKK:BLESS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Bless Asset Group PCL Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Bless Asset Group PCL's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(870.02 + 34.602) / 24.251
=37.30

Bless Asset Group PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(807.356 + 32.508) / 7.276
=115.43

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 115.43 mean?
Bless Asset Group PCL (BKK:BLESS) has a Debt-to-EBITDA of 115.43 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 Bless Asset Group PCL. This is 656% above median its historical median of 15.27. Over the past decade, Bless Asset Group PCL's Debt-to-EBITDA has ranged from 8.57 to 41.62. According to the industry distribution chart, Bless Asset Group PCL ranks #1196 out of 1275 companies in the Real Estate industry, placing it in the top 93.8%.
Is Bless Asset Group PCL's Debt-to-EBITDA too high?
Bless Asset Group PCL's current Debt-to-EBITDA of 115.43 is 656% above median its 10-year median of 15.27. Over the past 10 years, this metric has ranged from a low of 8.57 to a high of 41.62. The Real Estate industry median Debt-to-EBITDA is 5.62. Bless Asset Group PCL's value of 115.43 is 1953.9% above this industry median. Based on the distribution chart, Bless Asset Group PCL ranks #1196 out of 1275 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Bless Asset Group PCL has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bless Asset Group PCL's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Bless Asset Group PCL ranks #1196 out of 1275 companies for Debt-to-EBITDA. This places Bless Asset Group PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 5.62. Bless Asset Group PCL's value of 115.43 is 1953.9% above this benchmark. Historically, Bless Asset Group PCL's own Debt-to-EBITDA has ranged from 8.57 to 41.62 over the past decade. While the company's 10-year median is 15.27 vs. the industry median of 5.62, Bless Asset Group 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 1,275 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. Bless Asset Group PCL's current Debt-to-EBITDA of 115.43 is 1953.9% 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 Bless Asset Group 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. Bless Asset Group PCL's current Debt-to-EBITDA is 115.43, which is 656% above median its own 10-year median of 15.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bless Asset Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Bless Asset Group PCL (BKK:BLESS) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.37, compared to a current price of ฿0.27 — trading 27% below its estimated fair value. The current Debt-to-EBITDA is 115.43, which is 656% above median its 10-year median of 15.27 and 1953.9% above the Real Estate industry median of 5.62. Bless Asset Group PCL's overall GF Score™ is 45/100 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 Bless Asset Group PCL (BKK:BLESS), the current Debt-to-EBITDA is 115.43 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 Bless Asset Group PCL (BKK:BLESS) Overvalued in 2026?

Based on GuruFocus' analysis, Bless Asset Group PCL stock appears to be undervalued. The current stock price of ฿0.27 is trading 27% below its estimated GF Value™ of ฿0.37. GuruFocus considers Bless Asset Group PCL to be Modestly Undervalued.

Key valuation signals for BKK:BLESS:

  • Debt-to-EBITDA: 115.43 (656% above median its 10-year median of 15.27)
  • GF Value™: ฿0.37 vs. price of ฿0.27 (27% below fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 1953.9% above the Real Estate median (#1196 of 1275)

No single metric tells the full story. See the BKK:BLESS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bless Asset Group PCL Business Description

Address 609/154 Nawamin Road, Nuanchan Subdistrict, Bueng Kum District, Bangkok, THA, 10230
Bless Asset Group PCL is engaged in the property development business. The company develops and sells various types of residential real estate, comprising detached houses, semi-detached houses, townhomes, and low-rise condominiums. Geographically, its operations are carried out only in Thailand.
45GF Score

Get the complete analysis for BKK:BLESS

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.27
Price
฿0.37
GF Value