Property Perfect PCL (BKK:PF) Debt-to-EBITDA : 113.58 (As of Mar. 2026) — 766% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Property Perfect PCL Debt-to-EBITDA?

Property Perfect PCL BKK:PF -20.00% Debt-to-EBITDA is 113.58 as of Mar. 2026, which is 766% above its 10-year median of 13.12. The stock has 3 warning signs investors should review. Among 1,280 Real Estate companies, Property Perfect PCL ranks better than 99.92% on this metric.

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

Property Perfect PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿12,614 Mil. Property Perfect PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿12,649 Mil. Property Perfect PCL's annualized EBITDA for the quarter that ended in Mar. 2026 was ฿222 Mil. Property Perfect PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 113.57.

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 Property Perfect PCL's Debt-to-EBITDA or its related term are showing as below:

BKK:PF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 13.12   Max: 85.34
Current: 0.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Property Perfect PCL was 85.34. The lowest was 0.01. And the median was 13.12.

BKK:PF's Debt-to-EBITDA is ranked better than
99.92% of 1280 companies
in the Real Estate industry
Industry Median: 5.555 vs BKK:PF: 0.01

Property Perfect PCL  (BKK:PF) 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.


Property Perfect PCL Debt-to-EBITDA Related Terms


Property Perfect PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Property Perfect 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.

Property Perfect PCL Debt-to-EBITDA Chart

Property Perfect 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 15.49 24.19 21.01 0.02 0.01

Property Perfect 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 38.96 -29.02 -126.55 0.00 113.58

Property Perfect PCL Debt-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, Property Perfect 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.


Property Perfect PCL Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Property Perfect PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Property Perfect PCL's Debt-to-EBITDA falls into.



Property Perfect PCL Debt-to-EBITDA Calculation

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

Property Perfect 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
=(9905.309 + 15197.54) / 1770252.645
=0.01

Property Perfect 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
=(12614.339 + 12648.809) / 222.436
=113.57

* 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 113.58 mean?
Property Perfect PCL (BKK:PF) has a Debt-to-EBITDA of 113.58 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 Property Perfect PCL. This is 766% above median its historical median of 13.12. Over the past decade, Property Perfect PCL's Debt-to-EBITDA has ranged from 0.01 to 85.34. According to the industry distribution chart, Property Perfect PCL ranks #1 out of 1280 companies in the Real Estate industry, placing it in the top 0.099999999999994%.
Is Property Perfect PCL's Debt-to-EBITDA too high?
Property Perfect PCL's current Debt-to-EBITDA of 113.58 is 766% above median its 10-year median of 13.12. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 85.34. The Real Estate industry median Debt-to-EBITDA is 5.56. Property Perfect PCL's value of 113.58 is 1944.6% above this industry median. Based on the distribution chart, Property Perfect PCL ranks #1 out of 1280 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Property Perfect PCL's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Property Perfect PCL ranks #1 out of 1280 companies for Debt-to-EBITDA. This places Property Perfect PCL in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 5.56. Property Perfect PCL's value of 113.58 is 1944.6% above this benchmark. Historically, Property Perfect PCL's own Debt-to-EBITDA has ranged from 0.01 to 85.34 over the past decade. While the company's 10-year median is 13.12 vs. the industry median of 5.56, Property Perfect 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 5.56, based on 1,280 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. Property Perfect PCL's current Debt-to-EBITDA of 113.58 is 1944.6% 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 Property Perfect PCL. For the Real Estate industry, the median Debt-to-EBITDA is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Property Perfect PCL's current Debt-to-EBITDA is 113.58, which is 766% above median its own 10-year median of 13.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Property Perfect PCL stock overvalued right now?
Based on GuruFocus' analysis, Property Perfect PCL (BKK:PF) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.06, compared to a current price of ฿0.04 — trading 33.3% below its estimated fair value. The current Debt-to-EBITDA is 113.58, which is 766% above median its 10-year median of 13.12 and 1944.6% above the Real Estate industry median of 5.56. 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 Property Perfect PCL (BKK:PF), the current Debt-to-EBITDA is 113.58 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.

Property Perfect PCL Business Description

Address Rama 9 Road, 17th Floor, No. 100/1 Vorasombat Building, Huai Khwang District, Bangkok, THA, 10320
Property Perfect PCL operates in the real estate sector, focusing on developing properties. Its property development portfolio predominantly comprises single detached houses, duplex house, townhouses and condominiums. Additionally, the Group is focused on the development of commercial properties for renting; and hotels with four-five stars, in key locations across Thailand, which are managed by professional and international hotel chains. Its reportable segments are: Property development costs for sale, which generates the maximum revenue, Hotel, and Other. Geographically, the Group operates mainly in Thailand.