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The Erawan Group PCLBKK:ERW-R +0.45%73 Debt-to-EBITDA is 7.32 as of Jun. 2026, which is 42% above its 10-year median of 5.15. GuruFocus rates BKK:ERW-R with a GF Score™ of 73/100 and a GF Value™ of ฿3.53 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 656 Travel & Leisure companies, The Erawan Group PCL ranks worse than 78.66% 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 The Erawan Group PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:ERW-R'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -59.14 Med: 5.15 Max: 13.1
Current: 5.5
During the past 13 years, the highest Debt-to-EBITDA Ratio of The Erawan Group PCL was 13.10. The lowest was -59.14. And the median was 5.15.
BKK:ERW-R's Debt-to-EBITDA is ranked worse than 78.66% of 656
companies
in the Travel & Leisure industry
Industry Median: 2.475
vs BKK:ERW-R: 5.50
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 Erawan Group PCL Debt-to-EBITDA Related Terms
The Erawan Group PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for The Erawan 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.
BKK:ERW-R vs MAR, HLT, H: Debt-to-EBITDA Comparison
For the Lodging subindustry, The Erawan 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.
The Erawan Group PCL Debt-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, The Erawan Group PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where The Erawan Group 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 (Jun. 2026) EBITDA data.
The Erawan Group PCL (BKK:ERW-R) has a Debt-to-EBITDA of 7.32 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 The Erawan Group PCL. This is 42% above median its historical median of 5.15. According to the industry distribution chart, The Erawan Group PCL ranks #516 out of 656 companies in the Travel & Leisure industry, placing it in the top 78.7%.
Is The Erawan Group PCL's Debt-to-EBITDA too high?
The Erawan Group PCL's current Debt-to-EBITDA of 7.32 is 42% above median its 10-year median of 5.15. The Travel & Leisure industry median Debt-to-EBITDA is 2.48. The Erawan Group PCL's value of 7.32 is 195.8% above this industry median. Based on the distribution chart, The Erawan Group PCL ranks #516 out of 656 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, The Erawan Group PCL has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Erawan Group PCL's Debt-to-EBITDA compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, The Erawan Group PCL ranks #516 out of 656 companies for Debt-to-EBITDA. This places The Erawan Group PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 2.48. The Erawan Group PCL's value of 7.32 is 195.8% above this benchmark. While the company's 10-year median is 5.15 vs. the industry median of 2.48, The Erawan 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 Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.48, based on 656 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. The Erawan Group PCL's current Debt-to-EBITDA of 7.32 is 195.8% 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 The Erawan Group PCL. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Erawan Group PCL's current Debt-to-EBITDA is 7.32, which is 42% above median its own 10-year median of 5.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Erawan Group PCL stock overvalued right now?
Based on GuruFocus' analysis, The Erawan Group PCL (BKK:ERW-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.53, compared to a current price of ฿3.75 — trading 6.3% above its estimated fair value. The current Debt-to-EBITDA is 7.32, which is 42% above median its 10-year median of 5.15 and 195.8% above the Travel & Leisure industry median of 2.48. The Erawan Group PCL's overall GF Score™ is 73/100 with 12 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 The Erawan Group PCL (BKK:ERW-R), the current Debt-to-EBITDA is 7.32 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.
Is The Erawan Group PCL (BKK:ERW-R) Overvalued in 2026?
Based on GuruFocus' analysis, The Erawan Group PCL stock appears to be overvalued.
The current stock price of ฿3.75 is trading 6.3% above its estimated GF Value™ of ฿3.53.
GuruFocus considers The Erawan Group PCL to be Significantly Overvalued.
Key valuation signals for BKK:ERW-R:
Debt-to-EBITDA: 7.32 (42% above median its 10-year median of 5.15)
GF Value™: ฿3.53 vs. price of ฿3.75 (6.3% above fair value)
Industry Position: 195.8% above the Travel & Leisure median (#516 of 656)
No single metric tells the full story. See the BKK:ERW-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Erawan Group PCL is a company that focuses on investing in various companies, engaged in the hotel business and in building rental business. The company operates two business segments: Hotel business segment, which consists of Grand Hyatt Erawan Bangkok, JW Marriott Bangkok, The Naka Island, a Luxury Collection Resort and Spa, Phuket, Renaissance Koh Samui Resort and Spa, Courtyard by Marriott Bangkok, Holiday Inn Pattaya, Mercure Bangkok Siam and Ibis Hotels; and the Rental and management building business segment including Erawan Bangkok, which is a boutique mall to the center of Bangkok's business and commercial district and Ploenchit Center, which is an office building with retail shops and international restaurants. The majority of the revenue is generated from its Hotel business.
73GF Score
Get the complete analysis for BKK:ERW-R
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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