Charoong Thai Wire & Cable PCL (BKK:CTW) Debt-to-EBITDA : 2.42 (As of Mar. 2026) — 25% Above Median

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BKK:CTW Charoong Thai Wire & Cable PCL BKK:CTW
49 GF Score
Price ฿6.45
GF Value ฿3.95
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Charoong Thai Wire & Cable PCL Debt-to-EBITDA?

Charoong Thai Wire & Cable PCL BKK:CTW -0.77% 49 Debt-to-EBITDA is 2.42 as of Mar. 2026, which is 25% above its 10-year median of 1.94. GuruFocus rates BKK:CTW with a GF Score™ of 49/100 and a GF Value™ of ฿3.95 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,335 Industrial Products companies, Charoong Thai Wire & Cable PCL ranks worse than 65.31% on this metric.

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

Charoong Thai Wire & Cable PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿1,199 Mil. Charoong Thai Wire & Cable PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿0 Mil. Charoong Thai Wire & Cable PCL's annualized EBITDA for the quarter that ended in Mar. 2026 was ฿496 Mil. Charoong Thai Wire & Cable PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.42.

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 Charoong Thai Wire & Cable PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:CTW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.09   Med: 1.94   Max: 23.97
Current: 2.92

During the past 13 years, the highest Debt-to-EBITDA Ratio of Charoong Thai Wire & Cable PCL was 23.97. The lowest was -4.09. And the median was 1.94.

BKK:CTW's Debt-to-EBITDA is ranked worse than
65.31% of 2335 companies
in the Industrial Products industry
Industry Median: 1.66 vs BKK:CTW: 2.92

Charoong Thai Wire & Cable PCL  (BKK:CTW) 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.


Charoong Thai Wire & Cable PCL Debt-to-EBITDA Related Terms


Charoong Thai Wire & Cable PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Charoong Thai Wire & Cable 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.

Charoong Thai Wire & Cable PCL Debt-to-EBITDA Chart

Charoong Thai Wire & Cable 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 -4.09 8.54 23.97 2.36 4.39

Charoong Thai Wire & Cable 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 -6.99 2.45 1.67 9.23 2.42

BKK:CTW vs VRT, BE: Debt-to-EBITDA Comparison

For the Electrical Equipment & Parts subindustry, Charoong Thai Wire & Cable 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.


Charoong Thai Wire & Cable PCL Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Charoong Thai Wire & Cable PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Charoong Thai Wire & Cable PCL's Debt-to-EBITDA falls into.


BKK:CTW
49GF Score
Charoong Thai Wire & Cable PCL BKK:CTW
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Charoong Thai Wire & Cable PCL Debt-to-EBITDA Calculation

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

Charoong Thai Wire & Cable 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
=(1104.348 + 16.01) / 255.096
=4.39

Charoong Thai Wire & Cable 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
=(1199.04 + 0) / 495.872
=2.42

* 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 2.42 mean?
Charoong Thai Wire & Cable PCL (BKK:CTW) has a Debt-to-EBITDA of 2.42 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 Charoong Thai Wire & Cable PCL. This is 25% above median its historical median of 1.94. According to the industry distribution chart, Charoong Thai Wire & Cable PCL ranks #1525 out of 2335 companies in the Industrial Products industry, placing it in the top 65.3%.
Is Charoong Thai Wire & Cable PCL's Debt-to-EBITDA too high?
Charoong Thai Wire & Cable PCL's current Debt-to-EBITDA of 2.42 is 25% above median its 10-year median of 1.94. The Industrial Products industry median Debt-to-EBITDA is 1.66. Charoong Thai Wire & Cable PCL's value of 2.42 is 45.8% above this industry median. Based on the distribution chart, Charoong Thai Wire & Cable PCL ranks #1525 out of 2335 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Charoong Thai Wire & Cable PCL has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Charoong Thai Wire & Cable PCL's Debt-to-EBITDA compare to VRT and BE?
According to the Industrial Products industry distribution chart, Charoong Thai Wire & Cable PCL ranks #1525 out of 2335 companies for Debt-to-EBITDA. This places Charoong Thai Wire & Cable PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 1.66. Charoong Thai Wire & Cable PCL's value of 2.42 is 45.8% above this benchmark. While the company's 10-year median is 1.94 vs. the industry median of 1.66, Charoong Thai Wire & Cable 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 Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.66, based on 2,335 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. Charoong Thai Wire & Cable PCL's current Debt-to-EBITDA of 2.42 is 45.8% 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 Charoong Thai Wire & Cable PCL. For the Industrial Products industry, the median Debt-to-EBITDA is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charoong Thai Wire & Cable PCL's current Debt-to-EBITDA is 2.42, which is 25% above median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charoong Thai Wire & Cable PCL stock overvalued right now?
Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL (BKK:CTW) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.95, compared to a current price of ฿6.45 — trading 63.3% above its estimated fair value. The current Debt-to-EBITDA is 2.42, which is 25% above median its 10-year median of 1.94 and 45.8% above the Industrial Products industry median of 1.66. Charoong Thai Wire & Cable PCL's overall GF Score™ is 49/100 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 Charoong Thai Wire & Cable PCL (BKK:CTW), the current Debt-to-EBITDA is 2.42 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 Charoong Thai Wire & Cable PCL (BKK:CTW) Overvalued in 2026?

Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL stock appears to be overvalued. The current stock price of ฿6.45 is trading 63.3% above its estimated GF Value™ of ฿3.95. GuruFocus considers Charoong Thai Wire & Cable PCL to be Significantly Overvalued.

Key valuation signals for BKK:CTW:

  • Debt-to-EBITDA: 2.42 (25% above median its 10-year median of 1.94)
  • GF Value™: ฿3.95 vs. price of ฿6.45 (63.3% above fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 45.8% above the Industrial Products median (#1525 of 2335)

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


Charoong Thai Wire & Cable PCL Business Description

Address Debaratana Road, 589/71 Central City Tower, 12A Floor, North Bangna, Bangna, Bangkok, THA, 10260
Charoong Thai Wire & Cable PCL is engaged in the manufacturing and distribution of electric wire and cables and telephone cables. The reportable segments of the company are the power cable segment, which consists of aluminum conductor power cable, copper conductor power cable, and high voltage power cable; the communication cable segment, enameled and non-enameled wire segment, which consists of enameled copper wire, enameled aluminum wire, and non-enameled copper wire; and the fiber optic cable segment. The company derives a majority of its revenue from the power cable segment. Geographically, the company operates in Thailand, Vietnam, Hong Kong Special Administrative Region of the People's Republic of China, the Republic of the Union of Myanmar, and Other regions.
49GF Score

Get the complete analysis for BKK:CTW

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

฿6.45
Price
฿3.95
GF Value