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M.C.S. Steel PCLBKK:MCS +1.26%66 Debt-to-EBITDA is 0.49 as of Mar. 2026, which is 104% above its 10-year median of 0.24. GuruFocus rates BKK:MCS with a GF Score™ of 66/100 and a GF Value™ of ฿6.54 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 494 Steel companies, M.C.S. Steel PCL ranks better than 90.08% 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 M.C.S. Steel PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:MCS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0 Med: 0.24 Max: 0.61
Current: 0.27
During the past 13 years, the highest Debt-to-EBITDA Ratio of M.C.S. Steel PCL was 0.61. The lowest was 0.00. And the median was 0.24.
BKK:MCS's Debt-to-EBITDA is ranked better than 90.08% of 494
companies
in the Steel industry
Industry Median: 2.865
vs BKK:MCS: 0.27
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.
M.C.S. Steel PCL Debt-to-EBITDA Related Terms
M.C.S. Steel PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for M.C.S. Steel 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:MCS vs NUE, STLD, RS: Debt-to-EBITDA Comparison
For the Steel subindustry, M.C.S. Steel 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.
M.C.S. Steel PCL Debt-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, M.C.S. Steel PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where M.C.S. Steel 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.
M.C.S. Steel PCL (BKK:MCS) has a Debt-to-EBITDA of 0.49 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 M.C.S. Steel PCL. This is 104% above median its historical median of 0.24. According to the industry distribution chart, M.C.S. Steel PCL ranks #49 out of 494 companies in the Steel industry, placing it in the top 9.9%.
Is M.C.S. Steel PCL's Debt-to-EBITDA too high?
M.C.S. Steel PCL's current Debt-to-EBITDA of 0.49 is 104% above median its 10-year median of 0.24. The Steel industry median Debt-to-EBITDA is 2.87. M.C.S. Steel PCL's value of 0.49 is 82.9% below this industry median. Based on the distribution chart, M.C.S. Steel PCL ranks #49 out of 494 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, M.C.S. Steel PCL has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does M.C.S. Steel PCL's Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, M.C.S. Steel PCL ranks #49 out of 494 companies for Debt-to-EBITDA. This places M.C.S. Steel PCL in the top 10% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.87. M.C.S. Steel PCL's value of 0.49 is 82.9% below this benchmark. While the company's 10-year median is 0.24 vs. the industry median of 2.87, M.C.S. Steel 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.87, based on 494 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. M.C.S. Steel PCL's current Debt-to-EBITDA of 0.49 is 82.9% 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 M.C.S. Steel PCL. For the Steel industry, the median Debt-to-EBITDA is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M.C.S. Steel PCL's current Debt-to-EBITDA is 0.49, which is 104% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M.C.S. Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, M.C.S. Steel PCL (BKK:MCS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.54, compared to a current price of ฿8.05 — trading 23.1% above its estimated fair value. The current Debt-to-EBITDA is 0.49, which is 104% above median its 10-year median of 0.24 and 82.9% below the Steel industry median of 2.87. M.C.S. Steel PCL's overall GF Score™ is 66/100 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 M.C.S. Steel PCL (BKK:MCS), the current Debt-to-EBITDA is 0.49 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 M.C.S. Steel PCL (BKK:MCS) Overvalued in 2026?
Based on GuruFocus' analysis, M.C.S. Steel PCL stock appears to be overvalued.
The current stock price of ฿8.05 is trading 23.1% above its estimated GF Value™ of ฿6.54.
GuruFocus considers M.C.S. Steel PCL to be Modestly Overvalued.
Key valuation signals for BKK:MCS:
Debt-to-EBITDA: 0.49 (104% above median its 10-year median of 0.24)
GF Value™: ฿6.54 vs. price of ฿8.05 (23.1% above fair value)
Industry Position: 82.9% below the Steel median (#49 of 494)
No single metric tells the full story. See the BKK:MCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M.C.S. Steel PCL is engaged in the production and distribution of structural steel products for building construction and residential development projects for sale. It provides and exports steel structure works for various projects. The company's services include engineering design, parts, and quality control. The company's product and services portfolio includes Fabrication and sale of structural steel of which substantial income is earned, Fabrication including installation of structural steel, and Rendering of services. The business operates in three geographical segments: Thailand, Japan, and China. Key revenue is earned from domestic sales.
66GF Score
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