FN Factory Outlet PCL (BKK:FN) Debt-to-EBITDA : 3.41 (As of Mar. 2026) — 38% Above Median

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BKK:FN FN Factory Outlet PCL BKK:FN
56 GF Score
Price ฿0.46
GF Value ฿1.06
Valuation Possible Value Trap
! 4 Warning Signs
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What is FN Factory Outlet PCL Debt-to-EBITDA?

FN Factory Outlet PCL BKK:FN -2.13% 56 Debt-to-EBITDA is 3.41 as of Mar. 2026, which is 38% above its 10-year median of 2.47. GuruFocus rates BKK:FN with a GF Score™ of 56/100 and a GF Value™ of ฿1.06 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 902 Retail - Cyclical companies, FN Factory Outlet PCL ranks better than 75.72% on this metric.

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

FN Factory Outlet PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿30.4 Mil. FN Factory Outlet PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿12.3 Mil. FN Factory Outlet PCL's annualized EBITDA for the quarter that ended in Mar. 2026 was ฿12.5 Mil. FN Factory Outlet PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.41.

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 FN Factory Outlet PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:FN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.66   Med: 2.47   Max: 82.02
Current: 1.07

During the past 10 years, the highest Debt-to-EBITDA Ratio of FN Factory Outlet PCL was 82.02. The lowest was -0.66. And the median was 2.47.

BKK:FN's Debt-to-EBITDA is ranked better than
75.72% of 902 companies
in the Retail - Cyclical industry
Industry Median: 2.41 vs BKK:FN: 1.07

FN Factory Outlet PCL  (BKK:FN) 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.


FN Factory Outlet PCL Debt-to-EBITDA Related Terms


FN Factory Outlet PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for FN Factory Outlet 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.

FN Factory Outlet PCL Debt-to-EBITDA Chart

FN Factory Outlet 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 9.67 82.02 -0.66 30.41 4.01

FN Factory Outlet 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 -7.85 55.45 0.77 14.08 3.41

BKK:FN vs TJX, ROST, BURL: Debt-to-EBITDA Comparison

For the Apparel Retail subindustry, FN Factory Outlet 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.


FN Factory Outlet PCL Debt-to-EBITDA vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, FN Factory Outlet PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where FN Factory Outlet PCL's Debt-to-EBITDA falls into.


BKK:FN
56GF Score
FN Factory Outlet PCL BKK:FN
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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FN Factory Outlet PCL Debt-to-EBITDA Calculation

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

FN Factory Outlet 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
=(38.026 + 92.836) / 32.628
=4.01

FN Factory Outlet 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
=(30.355 + 12.327) / 12.516
=3.41

* 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 3.41 mean?
FN Factory Outlet PCL (BKK:FN) has a Debt-to-EBITDA of 3.41 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 FN Factory Outlet PCL. This is 38% above median its historical median of 2.47. According to the industry distribution chart, FN Factory Outlet PCL ranks #219 out of 902 companies in the Retail - Cyclical industry, placing it in the top 24.3%.
Is FN Factory Outlet PCL's Debt-to-EBITDA too high?
FN Factory Outlet PCL's current Debt-to-EBITDA of 3.41 is 38% above median its 10-year median of 2.47. The Retail - Cyclical industry median Debt-to-EBITDA is 2.41. FN Factory Outlet PCL's value of 3.41 is 41.5% above this industry median. Based on the distribution chart, FN Factory Outlet PCL ranks #219 out of 902 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, FN Factory Outlet PCL has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FN Factory Outlet PCL's Debt-to-EBITDA compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, FN Factory Outlet PCL ranks #219 out of 902 companies for Debt-to-EBITDA. This places FN Factory Outlet PCL in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.41. FN Factory Outlet PCL's value of 3.41 is 41.5% above this benchmark. While the company's 10-year median is 2.47 vs. the industry median of 2.41, FN Factory Outlet 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 Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.41, based on 902 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. FN Factory Outlet PCL's current Debt-to-EBITDA of 3.41 is 41.5% 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 FN Factory Outlet PCL. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FN Factory Outlet PCL's current Debt-to-EBITDA is 3.41, which is 38% above median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FN Factory Outlet PCL stock overvalued right now?
Based on GuruFocus' analysis, FN Factory Outlet PCL (BKK:FN) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.06, compared to a current price of ฿0.46 — trading 56.6% below its estimated fair value. The current Debt-to-EBITDA is 3.41, which is 38% above median its 10-year median of 2.47 and 41.5% above the Retail - Cyclical industry median of 2.41. FN Factory Outlet PCL's overall GF Score™ is 56/100 with 4 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 FN Factory Outlet PCL (BKK:FN), the current Debt-to-EBITDA is 3.41 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 FN Factory Outlet PCL (BKK:FN) Overvalued in 2026?

Based on GuruFocus' analysis, FN Factory Outlet PCL stock appears to be undervalued. The current stock price of ฿0.46 is trading 56.6% below its estimated GF Value™ of ฿1.06. GuruFocus considers FN Factory Outlet PCL to be Possible Value Trap.

Key valuation signals for BKK:FN:

  • Debt-to-EBITDA: 3.41 (38% above median its 10-year median of 2.47)
  • GF Value™: ฿1.06 vs. price of ฿0.46 (56.6% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 41.5% above the Retail - Cyclical median (#219 of 902)

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


FN Factory Outlet PCL Business Description

Address Rama 9 Road, No. 991, FN Building, Suan Luang Sub-district, Suan Luang District, Bangkok, THA, 10250
FN Factory Outlet PCL is principally engaged in merchandising of clothing and consumer products in Thailand. The subsidiary is principally engaged in distributing inventive products of health care and environmental. It products includes FN Apparel, FN Sleep, FN Home, FN Care, FN Travel, FN Sports, and FN EAT. The company and its subsidiary operate in Thailand.
56GF Score

Get the complete analysis for BKK:FN

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

฿0.46
Price
฿1.06
GF Value