KCE Electronics PCLBKK:KCE-R 73 Debt-to-EBITDA is 0.45 as of Mar. 2026, which is 54% below its 10-year median of 0.97. GuruFocus rates BKK:KCE-R with a GF Score™ of 73/100 and a GF Value™ of ฿17.61. The stock has 10 warning signs investors should review. Among 1,789 Hardware companies, KCE Electronics PCL ranks better than 76.3% 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 KCE Electronics PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:KCE-R'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.4 Med: 0.97 Max: 1.08
Current: 0.47
During the past 13 years, the highest Debt-to-EBITDA Ratio of KCE Electronics PCL was 1.08. The lowest was 0.40. And the median was 0.97.
BKK:KCE-R's Debt-to-EBITDA is ranked better than 76.3% of 1789
companies
in the Hardware industry
Industry Median: 1.72
vs BKK:KCE-R: 0.47
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.
KCE Electronics PCL Debt-to-EBITDA Related Terms
KCE Electronics PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for KCE Electronics 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:KCE-R vs APH, GLW, TEL: Debt-to-EBITDA Comparison
For the Electronic Components subindustry, KCE Electronics 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.
KCE Electronics PCL Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, KCE Electronics PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where KCE Electronics 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.
KCE Electronics PCL (BKK:KCE-R) has a Debt-to-EBITDA of 0.45 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 KCE Electronics PCL. This is 54% below median its historical median of 0.97. Over the past decade, KCE Electronics PCL's Debt-to-EBITDA has ranged from 0.40 to 1.08. According to the industry distribution chart, KCE Electronics PCL ranks #424 out of 1789 companies in the Hardware industry, placing it in the top 23.7%.
Is KCE Electronics PCL's Debt-to-EBITDA too high?
KCE Electronics PCL's current Debt-to-EBITDA of 0.45 is 54% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.08. The Hardware industry median Debt-to-EBITDA is 1.72. KCE Electronics PCL's value of 0.45 is 73.8% below this industry median. Based on the distribution chart, KCE Electronics PCL ranks #424 out of 1789 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, KCE Electronics PCL has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does KCE Electronics PCL's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, KCE Electronics PCL ranks #424 out of 1789 companies for Debt-to-EBITDA. This places KCE Electronics PCL in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.72. KCE Electronics PCL's value of 0.45 is 73.8% below this benchmark. Historically, KCE Electronics PCL's own Debt-to-EBITDA has ranged from 0.40 to 1.08 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 1.72, KCE Electronics PCL has consistently been below 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.72, based on 1,789 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. KCE Electronics PCL's current Debt-to-EBITDA of 0.45 is 73.8% below 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 KCE Electronics PCL. For the Hardware industry, the median Debt-to-EBITDA is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KCE Electronics PCL's current Debt-to-EBITDA is 0.45, which is 54% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KCE Electronics PCL stock overvalued right now?
KCE Electronics PCL (BKK:KCE-R) has a current Debt-to-EBITDA of 0.45. The stock's GF Value™ is ฿17.61, compared to a current price of ฿24.00 — trading 36.3% above its estimated fair value. The current Debt-to-EBITDA is 0.45, which is 54% below median its 10-year median of 0.97 and 73.8% below the Hardware industry median of 1.72. KCE Electronics PCL's overall GF Score™ is 73/100 with 10 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 KCE Electronics PCL (BKK:KCE-R), the current Debt-to-EBITDA is 0.45 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 KCE Electronics PCL (BKK:KCE-R) Overvalued in 2026?
Based on GuruFocus' analysis, KCE Electronics PCL stock appears to be overvalued.
The current stock price of ฿24.00 is trading 36.3% above its estimated GF Value™ of ฿17.61.
Key valuation signals for BKK:KCE-R:
Debt-to-EBITDA: 0.45 (54% below median its 10-year median of 0.97)
GF Value™: ฿17.61 vs. price of ฿24.00 (36.3% above fair value)
Industry Position: 73.8% below the Hardware median (#424 of 1789)
No single metric tells the full story. See the BKK:KCE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KCE Electronics PCL and its subsidiaries manufacture and distribute printed circuit boards. The company is based in Thailand but earns the majority of its revenue internationally. It has three segments: Manufacturing and distributing of Prepreg and Laminate; Manufacturing and distributing of Printed Circuit Board; and Manufacturing and distributing of Chemical. The company manufactures printed circuit boards that are used in a variety of industries, including automotive, computer, industrial, and telecommunications systems. The company also manufactures and distributes chemicals and laminate products. The majority of its revenue is earned in Europe.
73GF Score
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