Country Group Development PCL (BKK:CGD-R) Debt-to-EBITDA : 13.39 (As of Jun. 2026) — 284% Above Median

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What is Country Group Development PCL Debt-to-EBITDA?

Country Group Development PCL BKK:CGD-R Debt-to-EBITDA is 13.39 as of Jun. 2026, which is 284% above its 10-year median of 3.49. The stock has 4 warning signs investors should review. Among 1,271 Real Estate companies, Country Group Development PCL ranks worse than 78678.13% on this metric.

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

Country Group Development PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿1,645.0 Mil. Country Group Development PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿378.8 Mil. Country Group Development PCL's annualized EBITDA for the quarter that ended in Jun. 2026 was ฿151.1 Mil. Country Group Development PCL's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 13.39.

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

BKK:CGD-R' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -76.06   Med: 3.49   Max: 169.12
Current: -13.94

During the past 13 years, the highest Debt-to-EBITDA Ratio of Country Group Development PCL was 169.12. The lowest was -76.06. And the median was 3.49.

BKK:CGD-R's Debt-to-EBITDA is ranked worse than
100% of 1271 companies
in the Real Estate industry
Industry Median: 5.52 vs BKK:CGD-R: -13.94

Country Group Development PCL  (BKK:CGD-R) 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.


Country Group Development PCL Debt-to-EBITDA Related Terms


Country Group Development PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Country Group Development 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.

Country Group Development PCL Debt-to-EBITDA Chart

Country Group Development PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.70 2.77 2.16 3.53 36.09

Country Group Development PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.27 -9.40 -7.29 -9.45 13.39

Country Group Development PCL Debt-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, Country Group Development 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.


Country Group Development PCL Debt-to-EBITDA vs Real Estate Industry

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

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



Country Group Development PCL Debt-to-EBITDA Calculation

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

Country Group Development 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
=(1382.529 + 696.986) / 57.615
=36.09

Country Group Development PCL's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1644.979 + 378.774) / 151.116
=13.39

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 13.39 mean?
Country Group Development PCL (BKK:CGD-R) has a Debt-to-EBITDA of 13.39 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Country Group Development PCL. This is 284% above median its historical median of 3.49. According to the industry distribution chart, Country Group Development PCL ranks #999999 out of 1271 companies in the Real Estate industry.
Is Country Group Development PCL's Debt-to-EBITDA too high?
Country Group Development PCL's current Debt-to-EBITDA of 13.39 is 284% above median its 10-year median of 3.49. The Real Estate industry median Debt-to-EBITDA is 5.52. Country Group Development PCL's value of 13.39 is 142.6% above this industry median. Based on the distribution chart, Country Group Development PCL ranks #999999 out of 1271 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does Country Group Development PCL's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Country Group Development PCL ranks #999999 out of 1271 companies for Debt-to-EBITDA. This places Country Group Development PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 5.52. Country Group Development PCL's value of 13.39 is 142.6% above this benchmark. While the company's 10-year median is 3.49 vs. the industry median of 5.52, Country Group Development 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 5.52, based on 1,271 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. Country Group Development PCL's current Debt-to-EBITDA of 13.39 is 142.6% 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 Country Group Development PCL. For the Real Estate industry, the median Debt-to-EBITDA is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Country Group Development PCL's current Debt-to-EBITDA is 13.39, which is 284% above median its own 10-year median of 3.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Country Group Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Country Group Development PCL (BKK:CGD-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.04, compared to a current price of ฿0.10 — trading 150% above its estimated fair value. The current Debt-to-EBITDA is 13.39, which is 284% above median its 10-year median of 3.49 and 142.6% above the Real Estate industry median of 5.52. 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 Country Group Development PCL (BKK:CGD-R), the current Debt-to-EBITDA is 13.39 as of Jun. 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.

Country Group Development PCL Business Description

Other Exchanges CGD:Thailand
Address Ploenchit Road, Lumpini, 898 Ploenchit Tower, 20th floor, PathumWan, Bangkok, THA, 10330
Country Group Development PCL is a holding company investing in real estate. It operates in the business segments of Real estate development and investment property. The company's project includes Elements Srinakarin, Four Seasons private residences, Four Seasons Hotel, Capella, Anchorage Point, Rama III Residence, Chao Phraya Estate Project, and others. The firm derives its revenue from the Real estate development segment.