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Chaopraya Mahanakorn PCLBKK:CMC +2.44%39 Debt-to-EBITDA is 17.41 as of Mar. 2026, which is 9% above its 10-year median of 15.99. GuruFocus rates BKK:CMC with a GF Score™ of 39/100 and a GF Value™ of ฿0.76 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,278 Real Estate companies, Chaopraya Mahanakorn PCL ranks worse than 55.09% 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 Chaopraya Mahanakorn PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:CMC'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.01 Med: 15.99 Max: 55.06
Current: 6.33
During the past 13 years, the highest Debt-to-EBITDA Ratio of Chaopraya Mahanakorn PCL was 55.06. The lowest was 5.01. And the median was 15.99.
BKK:CMC's Debt-to-EBITDA is ranked worse than 55.09% of 1278
companies
in the Real Estate industry
Industry Median: 5.545
vs BKK:CMC: 6.33
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.
Chaopraya Mahanakorn PCL Debt-to-EBITDA Related Terms
Chaopraya Mahanakorn 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 Real Estate - Diversified subindustry, Chaopraya Mahanakorn 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.
Chaopraya Mahanakorn PCL Debt-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Chaopraya Mahanakorn PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Chaopraya Mahanakorn 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.
Chaopraya Mahanakorn PCL (BKK:CMC) has a Debt-to-EBITDA of 17.41 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 Chaopraya Mahanakorn PCL. This is near median its historical median of 15.99. Over the past decade, Chaopraya Mahanakorn PCL's Debt-to-EBITDA has ranged from 5.01 to 55.06. According to the industry distribution chart, Chaopraya Mahanakorn PCL ranks #704 out of 1278 companies in the Real Estate industry, placing it in the top 55.1%.
Is Chaopraya Mahanakorn PCL's Debt-to-EBITDA too high?
Chaopraya Mahanakorn PCL's current Debt-to-EBITDA of 17.41 is near median its 10-year median of 15.99. Over the past 10 years, this metric has ranged from a low of 5.01 to a high of 55.06. The Real Estate industry median Debt-to-EBITDA is 5.55. Chaopraya Mahanakorn PCL's value of 17.41 is 214% above this industry median. Based on the distribution chart, Chaopraya Mahanakorn PCL ranks #704 out of 1278 companies in the Real Estate industry, which is below the industry midpoint. Overall, Chaopraya Mahanakorn PCL has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chaopraya Mahanakorn PCL's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Chaopraya Mahanakorn PCL ranks #704 out of 1278 companies for Debt-to-EBITDA. This places Chaopraya Mahanakorn PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 5.55. Chaopraya Mahanakorn PCL's value of 17.41 is 214% above this benchmark. Historically, Chaopraya Mahanakorn PCL's own Debt-to-EBITDA has ranged from 5.01 to 55.06 over the past decade. While the company's 10-year median is 15.99 vs. the industry median of 5.55, Chaopraya Mahanakorn 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 5.55, based on 1,278 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. Chaopraya Mahanakorn PCL's current Debt-to-EBITDA of 17.41 is 214% 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 Chaopraya Mahanakorn PCL. For the Real Estate industry, the median Debt-to-EBITDA is 5.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chaopraya Mahanakorn PCL's current Debt-to-EBITDA is 17.41, which is near median its own 10-year median of 15.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chaopraya Mahanakorn PCL stock overvalued right now?
Based on GuruFocus' analysis, Chaopraya Mahanakorn PCL (BKK:CMC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.76, compared to a current price of ฿0.42 — trading 44.7% below its estimated fair value. The current Debt-to-EBITDA is 17.41, which is near median its 10-year median of 15.99 and 214% above the Real Estate industry median of 5.55. Chaopraya Mahanakorn PCL's overall GF Score™ is 39/100 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 Chaopraya Mahanakorn PCL (BKK:CMC), the current Debt-to-EBITDA is 17.41 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 Chaopraya Mahanakorn PCL (BKK:CMC) Overvalued in 2026?
Based on GuruFocus' analysis, Chaopraya Mahanakorn PCL stock appears to be undervalued.
The current stock price of ฿0.42 is trading 44.7% below its estimated GF Value™ of ฿0.76.
GuruFocus considers Chaopraya Mahanakorn PCL to be Possible Value Trap.
Key valuation signals for BKK:CMC:
Debt-to-EBITDA: 17.41 (near median its 10-year median of 15.99)
GF Value™: ฿0.76 vs. price of ฿0.42 (44.7% below fair value)
Industry Position: 214% above the Real Estate median (#704 of 1278)
No single metric tells the full story. See the BKK:CMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chaopraya Mahanakorn PCL is a real estate development company engaged in the development of real estate for sale, providing construction services and providing rental and services. Its reportable segments are property development, construction, services and Other businesses. It generates a majority of its revenue from the property development segment.
39GF Score
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