K.W. Metal Work PCL (BKK:KWM) Debt-to-EBITDA : 1.54 (As of Mar. 2026) — 10% Above Median

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BKK:KWM K.W. Metal Work PCL BKK:KWM
56 GF Score
Price ฿0.82
GF Value ฿0.86
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is K.W. Metal Work PCL Debt-to-EBITDA?

K.W. Metal Work PCL BKK:KWM 56 Debt-to-EBITDA is 1.54 as of Mar. 2026, which is 10% above its 10-year median of 1.40. GuruFocus rates BKK:KWM with a GF Score™ of 56/100 and a GF Value™ of ฿0.86 (Fairly Valued). The stock has 7 warning signs investors should review. Among 175 Farm & Heavy Construction Machinery companies, K.W. Metal Work PCL ranks better than 54.86% on this metric.

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

K.W. Metal Work PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿56.4 Mil. K.W. Metal Work PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿21.5 Mil. K.W. Metal Work PCL's annualized EBITDA for the quarter that ended in Mar. 2026 was ฿50.5 Mil. K.W. Metal Work PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.54.

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 K.W. Metal Work PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:KWM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.08   Med: 1.4   Max: 2.23
Current: 1.47

During the past 11 years, the highest Debt-to-EBITDA Ratio of K.W. Metal Work PCL was 2.23. The lowest was 1.08. And the median was 1.40.

BKK:KWM's Debt-to-EBITDA is ranked better than
54.86% of 175 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.69 vs BKK:KWM: 1.47

K.W. Metal Work PCL  (BKK:KWM) 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.


K.W. Metal Work PCL Debt-to-EBITDA Related Terms


K.W. Metal Work PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for K.W. Metal Work 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.

K.W. Metal Work PCL Debt-to-EBITDA Chart

K.W. Metal Work 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 1.59 2.02 1.41 1.31 1.08

K.W. Metal Work 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 0.99 1.05 1.84 1.82 1.54

BKK:KWM vs CAT, DE, PCAR: Debt-to-EBITDA Comparison

For the Farm & Heavy Construction Machinery subindustry, K.W. Metal Work 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.


K.W. Metal Work PCL Debt-to-EBITDA vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, K.W. Metal Work PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where K.W. Metal Work PCL's Debt-to-EBITDA falls into.


BKK:KWM
56GF Score
K.W. Metal Work PCL BKK:KWM
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

K.W. Metal Work PCL Debt-to-EBITDA Calculation

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

K.W. Metal Work 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
=(55.909 + 17.582) / 67.945
=1.08

K.W. Metal Work 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
=(56.39 + 21.522) / 50.488
=1.54

* 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 1.54 mean?
K.W. Metal Work PCL (BKK:KWM) has a Debt-to-EBITDA of 1.54 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 K.W. Metal Work PCL. This is 10% above median its historical median of 1.40. Over the past decade, K.W. Metal Work PCL's Debt-to-EBITDA has ranged from 1.08 to 2.23. According to the industry distribution chart, K.W. Metal Work PCL ranks #79 out of 175 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 45.1%.
Is K.W. Metal Work PCL's Debt-to-EBITDA too high?
K.W. Metal Work PCL's current Debt-to-EBITDA of 1.54 is 10% above median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 2.23. The Farm & Heavy Construction Machinery industry median Debt-to-EBITDA is 1.69. K.W. Metal Work PCL's value of 1.54 is 8.9% below this industry median. Based on the distribution chart, K.W. Metal Work PCL ranks #79 out of 175 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, K.W. Metal Work PCL has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does K.W. Metal Work PCL's Debt-to-EBITDA compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, K.W. Metal Work PCL ranks #79 out of 175 companies for Debt-to-EBITDA. This puts K.W. Metal Work PCL in the upper half of its industry. The industry median Debt-to-EBITDA is 1.69. K.W. Metal Work PCL's value of 1.54 is 8.9% below this benchmark. Historically, K.W. Metal Work PCL's own Debt-to-EBITDA has ranged from 1.08 to 2.23 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 1.69, K.W. Metal Work 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 Farm & Heavy Construction Machinery company?
The median Debt-to-EBITDA among Farm & Heavy Construction Machinery companies is 1.69, based on 175 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. K.W. Metal Work PCL's current Debt-to-EBITDA of 1.54 is 8.9% 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 K.W. Metal Work PCL. For the Farm & Heavy Construction Machinery industry, the median Debt-to-EBITDA is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K.W. Metal Work PCL's current Debt-to-EBITDA is 1.54, which is 10% above median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K.W. Metal Work PCL stock overvalued right now?
Based on GuruFocus' analysis, K.W. Metal Work PCL (BKK:KWM) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.86, compared to a current price of ฿0.82 — trading 4.7% below its estimated fair value. The current Debt-to-EBITDA is 1.54, which is 10% above median its 10-year median of 1.40 and 8.9% below the Farm & Heavy Construction Machinery industry median of 1.69. K.W. Metal Work PCL's overall GF Score™ is 56/100 with 7 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 K.W. Metal Work PCL (BKK:KWM), the current Debt-to-EBITDA is 1.54 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 K.W. Metal Work PCL (BKK:KWM) Overvalued in 2026?

Based on GuruFocus' analysis, K.W. Metal Work PCL stock appears to be undervalued. The current stock price of ฿0.82 is trading 4.7% below its estimated GF Value™ of ฿0.86. GuruFocus considers K.W. Metal Work PCL to be Fairly Valued.

Key valuation signals for BKK:KWM:

  • Debt-to-EBITDA: 1.54 (10% above median its 10-year median of 1.40)
  • GF Value™: ฿0.86 vs. price of ฿0.82 (4.7% below fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 8.9% below the Farm & Heavy Construction Machinery median (#79 of 175)

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


K.W. Metal Work PCL Business Description

Address 259/83, Sukhumvit 71 Road, Phrakanong-nuea, Wattana, Bangkok, THA, 10110
K.W. Metal Work PCL is engaged in the manufacturing and sales of parts and accessories for farm machinery. It manufactures and distributes agricultural equipment such as Blade, Screw Flight, Rotary Blade, Dozer blades, and others. It has two operating segments; Sales of parts and accessories for farm machinery, Letting of equipment for extraction of a substance from Hemp and Marijuana; and Sales of substances extracted and raw materials processed from agricultural plants, and sales of products from herbal. Key revenue is earned from the sales of parts and accessories for farm machinery.
56GF Score

Get the complete analysis for BKK:KWM

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

฿0.82
Price
฿0.86
GF Value