Royal Plus PCL (BKK:PLUS) Debt-to-EBITDA : 2.87 (As of Jun. 2026) — 234% Above Median

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BKK:PLUS Royal Plus PCL BKK:PLUS
60 GF Score
Price ฿1.19
GF Value ฿3.45
Valuation Possible Value Trap
! 9 Warning Signs
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What is Royal Plus PCL Debt-to-EBITDA?

Royal Plus PCL BKK:PLUS +2.59% 60 Debt-to-EBITDA is 2.87 as of Jun. 2026, which is 234% above its 10-year median of 0.86. GuruFocus rates BKK:PLUS with a GF Score™ of 60/100 and a GF Value™ of ฿3.45 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 96 Beverages - Non-Alcoholic companies, Royal Plus PCL ranks worse than 89.58% on this metric.

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

Royal Plus PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿169 Mil. Royal Plus PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿298 Mil. Royal Plus PCL's annualized EBITDA for the quarter that ended in Jun. 2026 was ฿163 Mil. Royal Plus PCL's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.87.

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

BKK:PLUS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.1   Med: 0.86   Max: 6.66
Current: 6.66

During the past 6 years, the highest Debt-to-EBITDA Ratio of Royal Plus PCL was 6.66. The lowest was 0.10. And the median was 0.86.

BKK:PLUS's Debt-to-EBITDA is ranked worse than
89.58% of 96 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.13 vs BKK:PLUS: 6.66

Royal Plus PCL  (BKK:PLUS) 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.


Royal Plus PCL Debt-to-EBITDA Related Terms


Royal Plus PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Royal Plus 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.

Royal Plus PCL Debt-to-EBITDA Chart

Royal Plus PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 0.86 0.00 0.10 0.79 5.80

Royal Plus 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 0.93 3.61 31.07 31.58 2.87

BKK:PLUS vs KO, PEP, MNST: Debt-to-EBITDA Comparison

For the Beverages - Non-Alcoholic subindustry, Royal Plus 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.


Royal Plus PCL Debt-to-EBITDA vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Royal Plus PCL's Debt-to-EBITDA distribution charts can be found below:

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


BKK:PLUS
60GF Score
Royal Plus PCL BKK:PLUS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Plus PCL Debt-to-EBITDA Calculation

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

Royal Plus 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
=(138.553 + 260.239) / 68.76
=5.80

Royal Plus 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
=(169.135 + 298.29) / 162.996
=2.87

* 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 2.87 mean?
Royal Plus PCL (BKK:PLUS) has a Debt-to-EBITDA of 2.87 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 Royal Plus PCL. This is 234% above median its historical median of 0.86. Over the past decade, Royal Plus PCL's Debt-to-EBITDA has ranged from 0.10 to 6.66. According to the industry distribution chart, Royal Plus PCL ranks #86 out of 96 companies in the Beverages - Non-Alcoholic industry, placing it in the top 89.6%.
Is Royal Plus PCL's Debt-to-EBITDA too high?
Royal Plus PCL's current Debt-to-EBITDA of 2.87 is 234% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 6.66. The Beverages - Non-Alcoholic industry median Debt-to-EBITDA is 1.13. Royal Plus PCL's value of 2.87 is 154% above this industry median. Based on the distribution chart, Royal Plus PCL ranks #86 out of 96 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Royal Plus PCL has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Royal Plus PCL's Debt-to-EBITDA compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Royal Plus PCL ranks #86 out of 96 companies for Debt-to-EBITDA. This places Royal Plus PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 1.13. Royal Plus PCL's value of 2.87 is 154% above this benchmark. Historically, Royal Plus PCL's own Debt-to-EBITDA has ranged from 0.10 to 6.66 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.13, Royal Plus 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 Beverages - Non-Alcoholic company?
The median Debt-to-EBITDA among Beverages - Non-Alcoholic companies is 1.13, based on 96 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. Royal Plus PCL's current Debt-to-EBITDA of 2.87 is 154% 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 Royal Plus PCL. For the Beverages - Non-Alcoholic industry, the median Debt-to-EBITDA is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Plus PCL's current Debt-to-EBITDA is 2.87, which is 234% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Plus PCL stock overvalued right now?
Based on GuruFocus' analysis, Royal Plus PCL (BKK:PLUS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿3.45, compared to a current price of ฿1.19 — trading 65.5% below its estimated fair value. The current Debt-to-EBITDA is 2.87, which is 234% above median its 10-year median of 0.86 and 154% above the Beverages - Non-Alcoholic industry median of 1.13. Royal Plus PCL's overall GF Score™ is 60/100 with 9 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 Royal Plus PCL (BKK:PLUS), the current Debt-to-EBITDA is 2.87 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 Royal Plus PCL (BKK:PLUS) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Plus PCL stock appears to be undervalued. The current stock price of ฿1.19 is trading 65.5% below its estimated GF Value™ of ฿3.45. GuruFocus considers Royal Plus PCL to be Possible Value Trap.

Key valuation signals for BKK:PLUS:

  • Debt-to-EBITDA: 2.87 (234% above median its 10-year median of 0.86)
  • GF Value™: ฿3.45 vs. price of ฿1.19 (65.5% below fair value)
  • GF Score™: 60/100 with 9 warning signs
  • Industry Position: 154% above the Beverages - Non-Alcoholic median (#86 of 96)

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


Royal Plus PCL Business Description

Address No. 84 / 3-7 Rama 2 Road, Soi 69, Samae Dam Sub-district, Bang Khun Thian District, Bangkok, THA, 10150
Royal Plus PCL principal activities are the manufacture and distribution of beverages, fruit juice, fruit juice with basil seeds, fruit juice with chia seeds, coconut milk, and soy milk and other general beverages. The company operates in America, Asia, Middle East, Thailand and Others. It derives its majority revenue from America.
60GF Score

Get the complete analysis for BKK:PLUS

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

฿1.19
Price
฿3.45
GF Value