Panjawattana Plastic PCL (BKK:PJW) Debt-to-EBITDA : 3.88 (As of Jun. 2026) — 24% Above Median

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BKK:PJW Panjawattana Plastic PCL BKK:PJW
76 GF Score
Price ฿2.02
GF Value ฿2.63
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Panjawattana Plastic PCL Debt-to-EBITDA?

Panjawattana Plastic PCL BKK:PJW -0.98% 76 Debt-to-EBITDA is 3.88 as of Jun. 2026, which is 24% above its 10-year median of 3.13. GuruFocus rates BKK:PJW with a GF Score™ of 76/100 and a GF Value™ of ฿2.63 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 341 Packaging & Containers companies, Panjawattana Plastic PCL ranks worse than 65.98% on this metric.

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

Panjawattana Plastic PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿1,118 Mil. Panjawattana Plastic PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿563 Mil. Panjawattana Plastic PCL's annualized EBITDA for the quarter that ended in Jun. 2026 was ฿433 Mil. Panjawattana Plastic PCL's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 3.88.

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

BKK:PJW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.46   Med: 3.13   Max: 5.8
Current: 3.52

During the past 13 years, the highest Debt-to-EBITDA Ratio of Panjawattana Plastic PCL was 5.80. The lowest was 2.46. And the median was 3.13.

BKK:PJW's Debt-to-EBITDA is ranked worse than
65.98% of 341 companies
in the Packaging & Containers industry
Industry Median: 2.45 vs BKK:PJW: 3.52

Panjawattana Plastic PCL  (BKK:PJW) 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.


Panjawattana Plastic PCL Debt-to-EBITDA Related Terms


Panjawattana Plastic PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Panjawattana Plastic 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.

Panjawattana Plastic PCL Debt-to-EBITDA Chart

Panjawattana Plastic 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 2.69 3.15 2.55 3.13 2.95

Panjawattana Plastic PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.36 2.87 3.29 3.68 3.88

BKK:PJW vs SW, AMCR, PKG: Debt-to-EBITDA Comparison

For the Packaging & Containers subindustry, Panjawattana Plastic 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.


Panjawattana Plastic PCL Debt-to-EBITDA vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Panjawattana Plastic PCL's Debt-to-EBITDA distribution charts can be found below:

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


BKK:PJW
76GF Score
Panjawattana Plastic PCL BKK:PJW
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panjawattana Plastic PCL Debt-to-EBITDA Calculation

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

Panjawattana Plastic 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
=(933.404 + 599.941) / 519.124
=2.95

Panjawattana Plastic PCL's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1117.724 + 563.067) / 432.94
=3.88

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.88 mean?
Panjawattana Plastic PCL (BKK:PJW) has a Debt-to-EBITDA of 3.88 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 Panjawattana Plastic PCL. This is 24% above median its historical median of 3.13. Over the past decade, Panjawattana Plastic PCL's Debt-to-EBITDA has ranged from 2.46 to 5.80. According to the industry distribution chart, Panjawattana Plastic PCL ranks #225 out of 341 companies in the Packaging & Containers industry, placing it in the top 66%.
Is Panjawattana Plastic PCL's Debt-to-EBITDA too high?
Panjawattana Plastic PCL's current Debt-to-EBITDA of 3.88 is 24% above median its 10-year median of 3.13. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 5.80. The Packaging & Containers industry median Debt-to-EBITDA is 2.45. Panjawattana Plastic PCL's value of 3.88 is 58.4% above this industry median. Based on the distribution chart, Panjawattana Plastic PCL ranks #225 out of 341 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Panjawattana Plastic PCL has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Panjawattana Plastic PCL's Debt-to-EBITDA compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Panjawattana Plastic PCL ranks #225 out of 341 companies for Debt-to-EBITDA. This places Panjawattana Plastic PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 2.45. Panjawattana Plastic PCL's value of 3.88 is 58.4% above this benchmark. Historically, Panjawattana Plastic PCL's own Debt-to-EBITDA has ranged from 2.46 to 5.80 over the past decade. While the company's 10-year median is 3.13 vs. the industry median of 2.45, Panjawattana Plastic 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 Packaging & Containers company?
The median Debt-to-EBITDA among Packaging & Containers companies is 2.45, based on 341 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. Panjawattana Plastic PCL's current Debt-to-EBITDA of 3.88 is 58.4% 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 Panjawattana Plastic PCL. For the Packaging & Containers industry, the median Debt-to-EBITDA is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panjawattana Plastic PCL's current Debt-to-EBITDA is 3.88, which is 24% above median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panjawattana Plastic PCL stock overvalued right now?
Based on GuruFocus' analysis, Panjawattana Plastic PCL (BKK:PJW) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.63, compared to a current price of ฿2.02 — trading 23.2% below its estimated fair value. The current Debt-to-EBITDA is 3.88, which is 24% above median its 10-year median of 3.13 and 58.4% above the Packaging & Containers industry median of 2.45. Panjawattana Plastic PCL's overall GF Score™ is 76/100 with 3 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 Panjawattana Plastic PCL (BKK:PJW), the current Debt-to-EBITDA is 3.88 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 Panjawattana Plastic PCL (BKK:PJW) Overvalued in 2026?

Based on GuruFocus' analysis, Panjawattana Plastic PCL stock appears to be undervalued. The current stock price of ฿2.02 is trading 23.2% below its estimated GF Value™ of ฿2.63. GuruFocus considers Panjawattana Plastic PCL to be Modestly Undervalued.

Key valuation signals for BKK:PJW:

  • Debt-to-EBITDA: 3.88 (24% above median its 10-year median of 3.13)
  • GF Value™: ฿2.63 vs. price of ฿2.02 (23.2% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 58.4% above the Packaging & Containers median (#225 of 341)

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


Panjawattana Plastic PCL Business Description

Other Exchanges PJW-R:Thailand
Address Ekachai Road, No. 19 and 21 Soi Ekachai 63, Kwang Klong Bangbon, Khet Bangbon, Bangkok, THA, 10150
Panjawattana Plastic PCL is manufacturer and distributor of packaging for consumer product, Agro chemical, automotive parts and materials from plastic imitation. The company operates its business through the following segments, Samuthsakhon Plant, Chonburi Plant, Bangkok Plant, Jiangsu Plant, Tianjin Plant, Service, and the Business trading segment. It produces and supplies plastic containers and closures such as lubricant packaging, milk and yoghurt packaging, consumer goods packaging and chemicals liquid packaging, and plastic automotive parts of high quality and with custom designs according to clients' requirements for each of their specific brands.
76GF Score

Get the complete analysis for BKK:PJW

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

฿2.02
Price
฿2.63
GF Value