Permsin Steel Works PCL (BKK:PERM) Debt-to-EBITDA : 29.16 (As of Mar. 2026) — 506% Above Median

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BKK:PERM Permsin Steel Works PCL BKK:PERM
26 GF Score
Price ฿0.24
GF Value ฿0.63
Valuation Possible Value Trap
! 5 Warning Signs
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What is Permsin Steel Works PCL Debt-to-EBITDA?

Permsin Steel Works PCL BKK:PERM 26 Debt-to-EBITDA is 29.16 as of Mar. 2026, which is 506% above its 10-year median of 4.81. GuruFocus rates BKK:PERM with a GF Score™ of 26/100 and a GF Value™ of ฿0.63 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 495 Steel companies, Permsin Steel Works PCL ranks worse than 94.34% on this metric.

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

Permsin Steel Works PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿2,643 Mil. Permsin Steel Works PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿244 Mil. Permsin Steel Works PCL's annualized EBITDA for the quarter that ended in Mar. 2026 was ฿99 Mil. Permsin Steel Works PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 29.16.

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 Permsin Steel Works PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:PERM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -63.71   Med: 4.81   Max: 32.99
Current: 23.62

During the past 13 years, the highest Debt-to-EBITDA Ratio of Permsin Steel Works PCL was 32.99. The lowest was -63.71. And the median was 4.81.

BKK:PERM's Debt-to-EBITDA is ranked worse than
94.34% of 495 companies
in the Steel industry
Industry Median: 2.92 vs BKK:PERM: 23.62

Permsin Steel Works PCL  (BKK:PERM) 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.


Permsin Steel Works PCL Debt-to-EBITDA Related Terms


Permsin Steel Works PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Permsin Steel Works 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.

Permsin Steel Works PCL Debt-to-EBITDA Chart

Permsin Steel Works 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 3.42 -8.70 -22.98 -63.71 31.14

Permsin Steel Works 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 90.23 17.32 21.88 47.52 29.16

BKK:PERM vs NUE, STLD, RS: Debt-to-EBITDA Comparison

For the Steel subindustry, Permsin Steel Works 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.


Permsin Steel Works PCL Debt-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, Permsin Steel Works PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Permsin Steel Works PCL's Debt-to-EBITDA falls into.


BKK:PERM
26GF Score
Permsin Steel Works PCL BKK:PERM
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Permsin Steel Works PCL Debt-to-EBITDA Calculation

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

Permsin Steel Works 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
=(2994.974 + 269.314) / 104.842
=31.14

Permsin Steel Works 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
=(2643.428 + 243.788) / 99.012
=29.16

* 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 29.16 mean?
Permsin Steel Works PCL (BKK:PERM) has a Debt-to-EBITDA of 29.16 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 Permsin Steel Works PCL. This is 506% above median its historical median of 4.81. According to the industry distribution chart, Permsin Steel Works PCL ranks #467 out of 495 companies in the Steel industry, placing it in the top 94.3%.
Is Permsin Steel Works PCL's Debt-to-EBITDA too high?
Permsin Steel Works PCL's current Debt-to-EBITDA of 29.16 is 506% above median its 10-year median of 4.81. The Steel industry median Debt-to-EBITDA is 2.92. Permsin Steel Works PCL's value of 29.16 is 898.6% above this industry median. Based on the distribution chart, Permsin Steel Works PCL ranks #467 out of 495 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Permsin Steel Works PCL has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Permsin Steel Works PCL's Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Permsin Steel Works PCL ranks #467 out of 495 companies for Debt-to-EBITDA. This places Permsin Steel Works PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 2.92. Permsin Steel Works PCL's value of 29.16 is 898.6% above this benchmark. While the company's 10-year median is 4.81 vs. the industry median of 2.92, Permsin Steel Works 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.92, based on 495 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. Permsin Steel Works PCL's current Debt-to-EBITDA of 29.16 is 898.6% 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 Permsin Steel Works PCL. For the Steel industry, the median Debt-to-EBITDA is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Permsin Steel Works PCL's current Debt-to-EBITDA is 29.16, which is 506% above median its own 10-year median of 4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permsin Steel Works PCL stock overvalued right now?
Based on GuruFocus' analysis, Permsin Steel Works PCL (BKK:PERM) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.24 — trading 61.9% below its estimated fair value. The current Debt-to-EBITDA is 29.16, which is 506% above median its 10-year median of 4.81 and 898.6% above the Steel industry median of 2.92. Permsin Steel Works PCL's overall GF Score™ is 26/100 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 Permsin Steel Works PCL (BKK:PERM), the current Debt-to-EBITDA is 29.16 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 Permsin Steel Works PCL (BKK:PERM) Overvalued in 2026?

Based on GuruFocus' analysis, Permsin Steel Works PCL stock appears to be undervalued. The current stock price of ฿0.24 is trading 61.9% below its estimated GF Value™ of ฿0.63. GuruFocus considers Permsin Steel Works PCL to be Possible Value Trap.

Key valuation signals for BKK:PERM:

  • Debt-to-EBITDA: 29.16 (506% above median its 10-year median of 4.81)
  • GF Value™: ฿0.63 vs. price of ฿0.24 (61.9% below fair value)
  • GF Score™: 26/100 with 5 warning signs
  • Industry Position: 898.6% above the Steel median (#467 of 495)

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


Permsin Steel Works PCL Business Description

Address 4, 95-96 Moo 6, Rama 2 Road, Koak-Kam Sub-district, Muang Samutsakorn, Samutsakorn, THA, 74000
Permsin Steel Works PCL is principally engaged in the manufacture and distribution of hot rolled steel and cold rolled steel, C-channel, galvanized high tensile strength, electro-galvanized steel, C-line, C-U, t-bar, and roll forming metal sheet. The Group has three reportable segments: the Distribution of rolled steel segment, the Manufacturing and distribution of metal sheet segment, and the Manufacturing and distribution of pre-painted steel coil segment. The majority of revenue is from the Manufacturing and distribution of metal sheet segment.
26GF Score

Get the complete analysis for BKK:PERM

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

฿0.24
Price
฿0.63
GF Value