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FNS Holdings PCLBKK:FNS-R 21 Debt-to-EBITDA is -1.59 as of Jun. 2026. GuruFocus rates BKK:FNS-R with a GF Score™ of 21/100 and a GF Value™ of ฿2.23 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 388 Asset Management companies, FNS Holdings PCL ranks worse than 257731.7% 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 FNS Holdings PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:FNS-R'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1791.08 Med: 3.4 Max: 717.72
Current: -2.18
During the past 13 years, the highest Debt-to-EBITDA Ratio of FNS Holdings PCL was 717.72. The lowest was -1791.08. And the median was 3.40.
BKK:FNS-R's Debt-to-EBITDA is ranked worse than 100% of 388
companies
in the Asset Management industry
Industry Median: 1.385
vs BKK:FNS-R: -2.18
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.
FNS Holdings PCL Debt-to-EBITDA Related Terms
FNS Holdings PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for FNS Holdings 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:FNS-R vs BLK, BX, KKR: Debt-to-EBITDA Comparison
For the Asset Management subindustry, FNS Holdings 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.
FNS Holdings PCL Debt-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, FNS Holdings PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where FNS Holdings 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.
FNS Holdings PCL (BKK:FNS-R) has a Debt-to-EBITDA of -1.59 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 FNS Holdings PCL. According to the industry distribution chart, FNS Holdings PCL ranks #999999 out of 388 companies in the Asset Management industry.
Is FNS Holdings PCL's Debt-to-EBITDA too high?
FNS Holdings PCL's current Debt-to-EBITDA is -1.59. Based on the distribution chart, FNS Holdings PCL ranks #999999 out of 388 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, FNS Holdings PCL has a GF Score™ of 21/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FNS Holdings PCL's Debt-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, FNS Holdings PCL ranks #999999 out of 388 companies for Debt-to-EBITDA. This places FNS Holdings PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 1.39. 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 Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.39, based on 388 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. 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 FNS Holdings PCL. For the Asset Management industry, the median Debt-to-EBITDA is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FNS Holdings PCL's current Debt-to-EBITDA is -1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FNS Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, FNS Holdings PCL (BKK:FNS-R) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.23, compared to a current price of ฿0.62 — trading 72.2% below its estimated fair value. The current Debt-to-EBITDA is -1.59. FNS Holdings PCL's overall GF Score™ is 21/100 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 FNS Holdings PCL (BKK:FNS-R), the current Debt-to-EBITDA is -1.59 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 FNS Holdings PCL (BKK:FNS-R) Overvalued in 2026?
Based on GuruFocus' analysis, FNS Holdings PCL stock appears to be undervalued.
The current stock price of ฿0.62 is trading 72.2% below its estimated GF Value™ of ฿2.23.
GuruFocus considers FNS Holdings PCL to be Possible Value Trap.
Key valuation signals for BKK:FNS-R:
Debt-to-EBITDA: -1.59
GF Value™: ฿2.23 vs. price of ฿0.62 (72.2% below fair value)
No single metric tells the full story. See the BKK:FNS-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FNS Holdings PCL is a Thailand-based company engaged in investing in and providing finance and management advisory services to its affiliated and related parties, property development for sale including land, land and house, construction for the Group's projects, building and parking rental, and health and wellness center. The company operates through business segments which are Investment, advisory and management business (Real estate, Rental warehouse, factory and others, Property management) and Health and wellness center. The majority of revenue is from the Health and wellness center segment. Geographically, the company operates only in Thailand.
21GF Score
Get the complete analysis for BKK:FNS-R
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