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Modernform Group PCLBKK:MODERN -0.99%68 Debt-to-EBITDA is 8.45 as of Mar. 2026, which is 661% above its 10-year median of 1.11. GuruFocus rates BKK:MODERN with a GF Score™ of 68/100 and a GF Value™ of ฿2.06 (Fairly Valued). The stock has 6 warning signs investors should review. Among 331 Furnishings, Fixtures & Appliances companies, Modernform Group PCL ranks better than 56.19% 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 Modernform Group PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:MODERN'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.42 Med: 1.11 Max: 1.75
Current: 1.55
During the past 13 years, the highest Debt-to-EBITDA Ratio of Modernform Group PCL was 1.75. The lowest was 0.42. And the median was 1.11.
BKK:MODERN's Debt-to-EBITDA is ranked better than 56.19% of 331
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.91
vs BKK:MODERN: 1.55
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.
Modernform Group PCL Debt-to-EBITDA Related Terms
Modernform Group PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Modernform Group 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:MODERN vs SN, SGI, MHK: Debt-to-EBITDA Comparison
For the Furnishings, Fixtures & Appliances subindustry, Modernform Group 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.
Modernform Group PCL Debt-to-EBITDA vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Modernform Group PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Modernform Group 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.
Modernform Group PCL (BKK:MODERN) has a Debt-to-EBITDA of 8.45 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 Modernform Group PCL. This is 661% above median its historical median of 1.11. Over the past decade, Modernform Group PCL's Debt-to-EBITDA has ranged from 0.42 to 1.75. According to the industry distribution chart, Modernform Group PCL ranks #145 out of 331 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 43.8%.
Is Modernform Group PCL's Debt-to-EBITDA too high?
Modernform Group PCL's current Debt-to-EBITDA of 8.45 is 661% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.75. The Furnishings, Fixtures & Appliances industry median Debt-to-EBITDA is 1.91. Modernform Group PCL's value of 8.45 is 342.4% above this industry median. Based on the distribution chart, Modernform Group PCL ranks #145 out of 331 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Modernform Group PCL has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Modernform Group PCL's Debt-to-EBITDA compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Modernform Group PCL ranks #145 out of 331 companies for Debt-to-EBITDA. This puts Modernform Group PCL in the upper half of its industry. The industry median Debt-to-EBITDA is 1.91. Modernform Group PCL's value of 8.45 is 342.4% above this benchmark. Historically, Modernform Group PCL's own Debt-to-EBITDA has ranged from 0.42 to 1.75 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.91, Modernform Group 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 Furnishings, Fixtures & Appliances company?
The median Debt-to-EBITDA among Furnishings, Fixtures & Appliances companies is 1.91, based on 331 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. Modernform Group PCL's current Debt-to-EBITDA of 8.45 is 342.4% 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 Modernform Group PCL. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-EBITDA is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modernform Group PCL's current Debt-to-EBITDA is 8.45, which is 661% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modernform Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Modernform Group PCL (BKK:MODERN) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.06, compared to a current price of ฿2.00 — trading 2.9% below its estimated fair value. The current Debt-to-EBITDA is 8.45, which is 661% above median its 10-year median of 1.11 and 342.4% above the Furnishings, Fixtures & Appliances industry median of 1.91. Modernform Group PCL's overall GF Score™ is 68/100 with 6 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 Modernform Group PCL (BKK:MODERN), the current Debt-to-EBITDA is 8.45 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 Modernform Group PCL (BKK:MODERN) Overvalued in 2026?
Based on GuruFocus' analysis, Modernform Group PCL stock appears to be undervalued.
The current stock price of ฿2.00 is trading 2.9% below its estimated GF Value™ of ฿2.06.
GuruFocus considers Modernform Group PCL to be Fairly Valued.
Key valuation signals for BKK:MODERN:
Debt-to-EBITDA: 8.45 (661% above median its 10-year median of 1.11)
GF Value™: ฿2.06 vs. price of ฿2.00 (2.9% below fair value)
Industry Position: 342.4% above the Furnishings, Fixtures & Appliances median (#145 of 331)
No single metric tells the full story. See the BKK:MODERN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modernform Group PCL is involved in the manufacturing and distribution of home and office furniture. The business of the group is operated through four reportable segments: furniture business, furniture fitting and other materials business, rental and service business, and architectural design and construction business. A majority of its revenue is generated from the furniture business, which consists of office furniture products, residential furniture products, kitchen furniture products; bathroom furniture products, and others. All the operations functioned throughout the region of Thailand.
68GF Score
Get the complete analysis for BKK:MODERN
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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