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KGI Securities (Thailand) PCLBKK:KGI -0.98%70 Debt-to-EBITDA is 2.75 as of Mar. 2026, which is 7% below its 10-year median of 2.95. GuruFocus rates BKK:KGI with a GF Score™ of 70/100 and a GF Value™ of ฿4.37 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 419 Capital Markets companies, KGI Securities (Thailand) PCL ranks worse than 63.01% 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 KGI Securities (Thailand) PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:KGI'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.05 Med: 2.95 Max: 7.9
Current: 3.35
During the past 13 years, the highest Debt-to-EBITDA Ratio of KGI Securities (Thailand) PCL was 7.90. The lowest was 1.05. And the median was 2.95.
BKK:KGI's Debt-to-EBITDA is ranked worse than 63.01% of 419
companies
in the Capital Markets industry
Industry Median: 1.73
vs BKK:KGI: 3.35
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.
KGI Securities (Thailand) PCL Debt-to-EBITDA Related Terms
KGI Securities (Thailand) PCL Debt-to-EBITDA Historical Data
* 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:KGI vs MS, GS, SCHW: Debt-to-EBITDA Comparison
For the Capital Markets subindustry, KGI Securities (Thailand) 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.
KGI Securities (Thailand) PCL Debt-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, KGI Securities (Thailand) PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where KGI Securities (Thailand) 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.
KGI Securities (Thailand) PCL (BKK:KGI) has a Debt-to-EBITDA of 2.75 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 KGI Securities (Thailand) PCL. This is near median its historical median of 2.95. Over the past decade, KGI Securities (Thailand) PCL's Debt-to-EBITDA has ranged from 1.05 to 7.90. According to the industry distribution chart, KGI Securities (Thailand) PCL ranks #264 out of 419 companies in the Capital Markets industry, placing it in the top 63%.
Is KGI Securities (Thailand) PCL's Debt-to-EBITDA too high?
KGI Securities (Thailand) PCL's current Debt-to-EBITDA of 2.75 is near median its 10-year median of 2.95. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 7.90. The Capital Markets industry median Debt-to-EBITDA is 1.73. KGI Securities (Thailand) PCL's value of 2.75 is 59% above this industry median. Based on the distribution chart, KGI Securities (Thailand) PCL ranks #264 out of 419 companies in the Capital Markets industry, which is below the industry midpoint. Overall, KGI Securities (Thailand) PCL has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KGI Securities (Thailand) PCL's Debt-to-EBITDA compare to MS and GS?
According to the Capital Markets industry distribution chart, KGI Securities (Thailand) PCL ranks #264 out of 419 companies for Debt-to-EBITDA. This places KGI Securities (Thailand) PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 1.73. KGI Securities (Thailand) PCL's value of 2.75 is 59% above this benchmark. Historically, KGI Securities (Thailand) PCL's own Debt-to-EBITDA has ranged from 1.05 to 7.90 over the past decade. While the company's 10-year median is 2.95 vs. the industry median of 1.73, KGI Securities (Thailand) 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 Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.73, based on 419 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. KGI Securities (Thailand) PCL's current Debt-to-EBITDA of 2.75 is 59% 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 KGI Securities (Thailand) PCL. For the Capital Markets industry, the median Debt-to-EBITDA is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KGI Securities (Thailand) PCL's current Debt-to-EBITDA is 2.75, which is near median its own 10-year median of 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KGI Securities (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, KGI Securities (Thailand) PCL (BKK:KGI) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿4.37, compared to a current price of ฿5.05 — trading 15.6% above its estimated fair value. The current Debt-to-EBITDA is 2.75, which is near median its 10-year median of 2.95 and 59% above the Capital Markets industry median of 1.73. KGI Securities (Thailand) PCL's overall GF Score™ is 70/100 with 9 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 KGI Securities (Thailand) PCL (BKK:KGI), the current Debt-to-EBITDA is 2.75 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 KGI Securities (Thailand) PCL (BKK:KGI) Overvalued in 2026?
Based on GuruFocus' analysis, KGI Securities (Thailand) PCL stock appears to be overvalued.
The current stock price of ฿5.05 is trading 15.6% above its estimated GF Value™ of ฿4.37.
GuruFocus considers KGI Securities (Thailand) PCL to be Modestly Overvalued.
Key valuation signals for BKK:KGI:
Debt-to-EBITDA: 2.75 (near median its 10-year median of 2.95)
GF Value™: ฿4.37 vs. price of ฿5.05 (15.6% above fair value)
Industry Position: 59% above the Capital Markets median (#264 of 419)
No single metric tells the full story. See the BKK:KGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KGI Securities (Thailand) PCL is a Thailand-based company engaged in the securities and derivatives business. Its business activities include securities brokerage, securities dealing, investment advisory, securities underwriting, securities borrowing and lending, securities registrar, derivatives brokerage, financial advisory, over-the-counter derivative business, sales agent of mutual fund units, and others. The operating segments of the company are the Securities and derivatives brokerage segment, Investment banking segment, Security trading segment and Asset management segment, of which key revenue is generated from the security trading segment. Geographically, the company operates in Thailand.
70GF Score
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