North East Rubber PCLBKK:NER-R 88 Debt-to-EBITDA is 4.04 as of Dec. 2025, which is 8% below its 10-year median of 4.39. GuruFocus rates BKK:NER-R with a GF Score™ of 88/100 and a GF Value™ of ฿6.03. The stock has 5 warning signs investors should review. Among 1,231 Chemicals companies, North East Rubber PCL ranks worse than 65.8% 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 North East Rubber PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:NER-R'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.46 Med: 4.39 Max: 13.29
Current: 3.67
During the past 12 years, the highest Debt-to-EBITDA Ratio of North East Rubber PCL was 13.29. The lowest was 3.46. And the median was 4.39.
BKK:NER-R's Debt-to-EBITDA is ranked worse than 65.8% of 1231
companies
in the Chemicals industry
Industry Median: 2.17
vs BKK:NER-R: 3.67
North East Rubber PCL (BKK:NER-R) Debt-to-EBITDA Explanation
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.
North East Rubber PCL Debt-to-EBITDA Related Terms
North East Rubber PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for North East Rubber 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:NER-R vs LIN, SHW, ECL: Debt-to-EBITDA Comparison
For the Specialty Chemicals subindustry, North East Rubber 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.
North East Rubber PCL Debt-to-EBITDA vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, North East Rubber PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where North East Rubber 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 (Dec. 2025) EBITDA data.
North East Rubber PCL (BKK:NER-R) has a Debt-to-EBITDA of 4.04 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on North East Rubber PCL. This is near median its historical median of 4.39. Over the past decade, North East Rubber PCL's Debt-to-EBITDA has ranged from 3.46 to 13.29. According to the industry distribution chart, North East Rubber PCL ranks #810 out of 1231 companies in the Chemicals industry, placing it in the top 65.8%.
Is North East Rubber PCL's Debt-to-EBITDA too high?
North East Rubber PCL's current Debt-to-EBITDA of 4.04 is near median its 10-year median of 4.39. Over the past 10 years, this metric has ranged from a low of 3.46 to a high of 13.29. The Chemicals industry median Debt-to-EBITDA is 2.17. North East Rubber PCL's value of 4.04 is 86.2% above this industry median. Based on the distribution chart, North East Rubber PCL ranks #810 out of 1231 companies in the Chemicals industry, which is below the industry midpoint. Overall, North East Rubber PCL has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does North East Rubber PCL's Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, North East Rubber PCL ranks #810 out of 1231 companies for Debt-to-EBITDA. This places North East Rubber PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 2.17. North East Rubber PCL's value of 4.04 is 86.2% above this benchmark. Historically, North East Rubber PCL's own Debt-to-EBITDA has ranged from 3.46 to 13.29 over the past decade. While the company's 10-year median is 4.39 vs. the industry median of 2.17, North East Rubber 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 Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 2.17, based on 1,231 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. North East Rubber PCL's current Debt-to-EBITDA of 4.04 is 86.2% 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 North East Rubber PCL. For the Chemicals industry, the median Debt-to-EBITDA is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North East Rubber PCL's current Debt-to-EBITDA is 4.04, which is near median its own 10-year median of 4.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North East Rubber PCL stock overvalued right now?
North East Rubber PCL (BKK:NER-R) has a current Debt-to-EBITDA of 4.04. The stock's GF Value™ is ฿6.03, compared to a current price of ฿4.76 — trading 21.1% below its estimated fair value. The current Debt-to-EBITDA is 4.04, which is near median its 10-year median of 4.39 and 86.2% above the Chemicals industry median of 2.17. North East Rubber PCL's overall GF Score™ is 88/100 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 North East Rubber PCL (BKK:NER-R), the current Debt-to-EBITDA is 4.04 as of Dec. 2025. 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 North East Rubber PCL (BKK:NER-R) Overvalued in 2026?
Based on GuruFocus' analysis, North East Rubber PCL stock appears to be undervalued.
The current stock price of ฿4.76 is trading 21.1% below its estimated GF Value™ of ฿6.03.
Key valuation signals for BKK:NER-R:
Debt-to-EBITDA: 4.04 (near median its 10-year median of 4.39)
GF Value™: ฿6.03 vs. price of ฿4.76 (21.1% below fair value)
Industry Position: 86.2% above the Chemicals median (#810 of 1231)
No single metric tells the full story. See the BKK:NER-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North East Rubber PCL Company and its subsidiary have a single core operating segment (identified by internal reporting segments), i.e., manufacturing and sales of rubber smoked sheets, skim block rubbers, and other rubber products, both domestically and abroad. Geographically, the maximum revenue is generated from Thailand.
88GF Score
Get the complete analysis for BKK:NER-R
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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