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Nirvana Development PCLBKK:NVD-R 40 Debt-to-EBITDA is 59.30 as of Jun. 2026, which is 189% above its 10-year median of 20.55. GuruFocus rates BKK:NVD-R with a GF Score™ of 40/100 and a GF Value™ of ฿1.05. The stock has 8 warning signs investors should review. Among 1,272 Real Estate companies, Nirvana Development PCL ranks worse than 89.62% 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 Nirvana Development PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:NVD-R'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 7.4 Med: 20.55 Max: 33.23
Current: 21.3
During the past 12 years, the highest Debt-to-EBITDA Ratio of Nirvana Development PCL was 33.23. The lowest was 7.40. And the median was 20.55.
BKK:NVD-R's Debt-to-EBITDA is ranked worse than 89.62% of 1272
companies
in the Real Estate industry
Industry Median: 5.495
vs BKK:NVD-R: 21.30
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.
Nirvana Development PCL Debt-to-EBITDA Related Terms
Nirvana Development 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:NVD-R vs CBRE, BEKE, JLL: Debt-to-EBITDA Comparison
For the Real Estate Services subindustry, Nirvana Development 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.
Nirvana Development PCL Debt-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Nirvana Development PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Nirvana Development 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 (Jun. 2026) EBITDA data.
Nirvana Development PCL (BKK:NVD-R) has a Debt-to-EBITDA of 59.30 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Nirvana Development PCL. This is 189% above median its historical median of 20.55. Over the past decade, Nirvana Development PCL's Debt-to-EBITDA has ranged from 7.40 to 33.23. According to the industry distribution chart, Nirvana Development PCL ranks #1140 out of 1272 companies in the Real Estate industry, placing it in the top 89.6%.
Is Nirvana Development PCL's Debt-to-EBITDA too high?
Nirvana Development PCL's current Debt-to-EBITDA of 59.30 is 189% above median its 10-year median of 20.55. Over the past 10 years, this metric has ranged from a low of 7.40 to a high of 33.23. The Real Estate industry median Debt-to-EBITDA is 5.50. Nirvana Development PCL's value of 59.30 is 979.2% above this industry median. Based on the distribution chart, Nirvana Development PCL ranks #1140 out of 1272 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Nirvana Development PCL has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Nirvana Development PCL's Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Nirvana Development PCL ranks #1140 out of 1272 companies for Debt-to-EBITDA. This places Nirvana Development PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 5.50. Nirvana Development PCL's value of 59.30 is 979.2% above this benchmark. Historically, Nirvana Development PCL's own Debt-to-EBITDA has ranged from 7.40 to 33.23 over the past decade. While the company's 10-year median is 20.55 vs. the industry median of 5.50, Nirvana Development 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.50, based on 1,272 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. Nirvana Development PCL's current Debt-to-EBITDA of 59.30 is 979.2% 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 Nirvana Development PCL. For the Real Estate industry, the median Debt-to-EBITDA is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nirvana Development PCL's current Debt-to-EBITDA is 59.30, which is 189% above median its own 10-year median of 20.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nirvana Development PCL stock overvalued right now?
Nirvana Development PCL (BKK:NVD-R) has a current Debt-to-EBITDA of 59.30. The stock's GF Value™ is ฿1.05, compared to a current price of ฿0.75 — trading 28.6% below its estimated fair value. The current Debt-to-EBITDA is 59.30, which is 189% above median its 10-year median of 20.55 and 979.2% above the Real Estate industry median of 5.50. Nirvana Development PCL's overall GF Score™ is 40/100 with 8 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 Nirvana Development PCL (BKK:NVD-R), the current Debt-to-EBITDA is 59.30 as of Jun. 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 Nirvana Development PCL (BKK:NVD-R) Overvalued in 2026?
Based on GuruFocus' analysis, Nirvana Development PCL stock appears to be undervalued.
The current stock price of ฿0.75 is trading 28.6% below its estimated GF Value™ of ฿1.05.
Key valuation signals for BKK:NVD-R:
Debt-to-EBITDA: 59.30 (189% above median its 10-year median of 20.55)
GF Value™: ฿1.05 vs. price of ฿0.75 (28.6% below fair value)
Industry Position: 979.2% above the Real Estate median (#1140 of 1272)
No single metric tells the full story. See the BKK:NVD-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nirvana Development PCL is engaged in the development of real estate for sale, construction services, and distribution of precast concrete products in Thailand. The company has three segments: Real Estate, Construction, and Others. Majority of revenue is from Real estate segment.
40GF Score
Get the complete analysis for BKK:NVD-R
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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