Civil Engineering PCL (BKK:CIVIL) Debt-to-EBITDA : 9.18 (As of Mar. 2026) — 127% Above Median

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BKK:CIVIL Civil Engineering PCL BKK:CIVIL
61 GF Score
Price ฿0.94
GF Value ฿1.86
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Civil Engineering PCL Debt-to-EBITDA?

Civil Engineering PCL BKK:CIVIL -12.15% 61 Debt-to-EBITDA is 9.18 as of Mar. 2026, which is 127% above its 10-year median of 4.04. GuruFocus rates BKK:CIVIL with a GF Score™ of 61/100 and a GF Value™ of ฿1.86 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,413 Construction companies, Civil Engineering PCL ranks worse than 92.71% on this metric.

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

Civil Engineering PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿2,520 Mil. Civil Engineering PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿91 Mil. Civil Engineering PCL's annualized EBITDA for the quarter that ended in Mar. 2026 was ฿284 Mil. Civil Engineering PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 9.18.

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 Civil Engineering PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:CIVIL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.04   Med: 4.04   Max: 13.53
Current: 13.53

During the past 9 years, the highest Debt-to-EBITDA Ratio of Civil Engineering PCL was 13.53. The lowest was 1.04. And the median was 4.04.

BKK:CIVIL's Debt-to-EBITDA is ranked worse than
92.71% of 1413 companies
in the Construction industry
Industry Median: 2.1 vs BKK:CIVIL: 13.53

Civil Engineering PCL  (BKK:CIVIL) 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.


Civil Engineering PCL Debt-to-EBITDA Related Terms


Civil Engineering PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Civil Engineering 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.

Civil Engineering PCL Debt-to-EBITDA Chart

Civil Engineering PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 3.62 6.58 6.93 6.78 13.49

Civil Engineering PCL Quarterly Data
Jun21 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 10.38 9.14 -7.27 4.77 9.18

BKK:CIVIL vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, Civil Engineering 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.


Civil Engineering PCL Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Civil Engineering PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Civil Engineering PCL's Debt-to-EBITDA falls into.


BKK:CIVIL
61GF Score
Civil Engineering PCL BKK:CIVIL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Civil Engineering PCL Debt-to-EBITDA Calculation

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

Civil Engineering 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
=(2362.788 + 85.438) / 181.47
=13.49

Civil Engineering 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
=(2519.716 + 91.481) / 284.404
=9.18

* 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 9.18 mean?
Civil Engineering PCL (BKK:CIVIL) has a Debt-to-EBITDA of 9.18 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 Civil Engineering PCL. This is 127% above median its historical median of 4.04. Over the past decade, Civil Engineering PCL's Debt-to-EBITDA has ranged from 1.04 to 13.53. According to the industry distribution chart, Civil Engineering PCL ranks #1310 out of 1413 companies in the Construction industry, placing it in the top 92.7%.
Is Civil Engineering PCL's Debt-to-EBITDA too high?
Civil Engineering PCL's current Debt-to-EBITDA of 9.18 is 127% above median its 10-year median of 4.04. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 13.53. The Construction industry median Debt-to-EBITDA is 2.10. Civil Engineering PCL's value of 9.18 is 337.1% above this industry median. Based on the distribution chart, Civil Engineering PCL ranks #1310 out of 1413 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Civil Engineering PCL has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Civil Engineering PCL's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Civil Engineering PCL ranks #1310 out of 1413 companies for Debt-to-EBITDA. This places Civil Engineering PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 2.10. Civil Engineering PCL's value of 9.18 is 337.1% above this benchmark. Historically, Civil Engineering PCL's own Debt-to-EBITDA has ranged from 1.04 to 13.53 over the past decade. While the company's 10-year median is 4.04 vs. the industry median of 2.10, Civil Engineering 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.10, based on 1,413 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. Civil Engineering PCL's current Debt-to-EBITDA of 9.18 is 337.1% 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 Civil Engineering PCL. For the Construction industry, the median Debt-to-EBITDA is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Civil Engineering PCL's current Debt-to-EBITDA is 9.18, which is 127% above median its own 10-year median of 4.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Civil Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, Civil Engineering PCL (BKK:CIVIL) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.86, compared to a current price of ฿0.94 — trading 49.5% below its estimated fair value. The current Debt-to-EBITDA is 9.18, which is 127% above median its 10-year median of 4.04 and 337.1% above the Construction industry median of 2.10. Civil Engineering PCL's overall GF Score™ is 61/100 with 6 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 Civil Engineering PCL (BKK:CIVIL), the current Debt-to-EBITDA is 9.18 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 Civil Engineering PCL (BKK:CIVIL) Overvalued in 2026?

Based on GuruFocus' analysis, Civil Engineering PCL stock appears to be undervalued. The current stock price of ฿0.94 is trading 49.5% below its estimated GF Value™ of ฿1.86. GuruFocus considers Civil Engineering PCL to be Possible Value Trap.

Key valuation signals for BKK:CIVIL:

  • Debt-to-EBITDA: 9.18 (127% above median its 10-year median of 4.04)
  • GF Value™: ฿1.86 vs. price of ฿0.94 (49.5% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 337.1% above the Construction median (#1310 of 1413)

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


Civil Engineering PCL Business Description

Address Kamphaeng Phet 6 Road, 68/12 CEC Building, 7th Floor, Ladyao, Jatujak, Bangkok, THA, 10900
Civil Engineering PCL is a complete construction service provider. The company operates in three main businesses namely Construction services, Sales of construction materials and Rental services segment. Majority of the revenue is from Construction services segment. The group operates in Thailand.
61GF Score

Get the complete analysis for BKK:CIVIL

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

฿0.94
Price
฿1.86
GF Value