Singha Estate PCL (BKK:S) Debt-to-EBITDA : 9.97 (As of Mar. 2026) — Near Median

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BKK:S Singha Estate PCL BKK:S
49 GF Score
Price ฿0.51
GF Value ฿0.62
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Singha Estate PCL Debt-to-EBITDA?

Singha Estate PCL BKK:S -5.56% 49 Debt-to-EBITDA is 9.97 as of Mar. 2026, which is 9% below its 10-year median of 10.98. GuruFocus rates BKK:S with a GF Score™ of 49/100 and a GF Value™ of ฿0.62 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 654 Travel & Leisure companies, Singha Estate PCL ranks worse than 96.02% on this metric.

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

Singha Estate PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿11,270 Mil. Singha Estate PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿26,017 Mil. Singha Estate PCL's annualized EBITDA for the quarter that ended in Mar. 2026 was ฿3,741 Mil. Singha Estate PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 9.97.

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

BKK:S' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -17.58   Med: 10.98   Max: 27.87
Current: 27.79

During the past 13 years, the highest Debt-to-EBITDA Ratio of Singha Estate PCL was 27.87. The lowest was -17.58. And the median was 10.98.

BKK:S's Debt-to-EBITDA is ranked worse than
96.02% of 654 companies
in the Travel & Leisure industry
Industry Median: 2.415 vs BKK:S: 27.79

Singha Estate PCL  (BKK:S) 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.


Singha Estate PCL Debt-to-EBITDA Related Terms


Singha Estate PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Singha Estate 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.

Singha Estate PCL Debt-to-EBITDA Chart

Singha Estate 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 21.28 10.40 8.88 11.14 27.87

Singha Estate 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 10.42 12.78 10.43 -7.43 9.97

BKK:S vs LVS, MGM, WYNN: Debt-to-EBITDA Comparison

For the Resorts & Casinos subindustry, Singha Estate 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.


Singha Estate PCL Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Singha Estate PCL's Debt-to-EBITDA distribution charts can be found below:

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


BKK:S
49GF Score
Singha Estate PCL BKK:S
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Singha Estate PCL Debt-to-EBITDA Calculation

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

Singha Estate 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
=(8920.113 + 28526.06) / 1343.494
=27.87

Singha Estate 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
=(11270.232 + 26016.725) / 3741.112
=9.97

* 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 9.97 mean?
Singha Estate PCL (BKK:S) has a Debt-to-EBITDA of 9.97 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 Singha Estate PCL. This is near median its historical median of 10.98. According to the industry distribution chart, Singha Estate PCL ranks #628 out of 654 companies in the Travel & Leisure industry, placing it in the top 96%.
Is Singha Estate PCL's Debt-to-EBITDA too high?
Singha Estate PCL's current Debt-to-EBITDA of 9.97 is near median its 10-year median of 10.98. The Travel & Leisure industry median Debt-to-EBITDA is 2.42. Singha Estate PCL's value of 9.97 is 312.8% above this industry median. Based on the distribution chart, Singha Estate PCL ranks #628 out of 654 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Singha Estate PCL has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Singha Estate PCL's Debt-to-EBITDA compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Singha Estate PCL ranks #628 out of 654 companies for Debt-to-EBITDA. This places Singha Estate PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 2.42. Singha Estate PCL's value of 9.97 is 312.8% above this benchmark. While the company's 10-year median is 10.98 vs. the industry median of 2.42, Singha Estate 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 Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.42, based on 654 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. Singha Estate PCL's current Debt-to-EBITDA of 9.97 is 312.8% 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 Singha Estate PCL. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singha Estate PCL's current Debt-to-EBITDA is 9.97, which is near median its own 10-year median of 10.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singha Estate PCL stock overvalued right now?
Based on GuruFocus' analysis, Singha Estate PCL (BKK:S) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.62, compared to a current price of ฿0.51 — trading 17.7% below its estimated fair value. The current Debt-to-EBITDA is 9.97, which is near median its 10-year median of 10.98 and 312.8% above the Travel & Leisure industry median of 2.42. Singha Estate PCL's overall GF Score™ is 49/100 with 6 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 Singha Estate PCL (BKK:S), the current Debt-to-EBITDA is 9.97 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 Singha Estate PCL (BKK:S) Overvalued in 2026?

Based on GuruFocus' analysis, Singha Estate PCL stock appears to be undervalued. The current stock price of ฿0.51 is trading 17.7% below its estimated GF Value™ of ฿0.62. GuruFocus considers Singha Estate PCL to be Modestly Undervalued.

Key valuation signals for BKK:S:

  • Debt-to-EBITDA: 9.97 (near median its 10-year median of 10.98)
  • GF Value™: ฿0.62 vs. price of ฿0.51 (17.7% below fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 312.8% above the Travel & Leisure median (#628 of 654)

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


Singha Estate PCL Business Description

Address Vibhavadi - Rangsit Road, 123 Suntowers Building B, 22nd Floor, Chomphon, Chatuchak, Bangkok, THA, 10900
Singha Estate PCL is a real estate development company operating in Thailand. The group is engaged in the development and investment of real estate, hospitality business, property rental business, and real estate development service business. Revenue is generated through unit rental income, service charges for utilities, and other service fees. It operates in the following segments: House and condominium, Hospitality, Investment Property, and Other income. The hospitality segment earns the majority of the revenue. Geographically, the company operates in Thailand, The Republic of Maldives, Fiji and Mauritius and United Kingdom.
49GF Score

Get the complete analysis for BKK:S

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

฿0.51
Price
฿0.62
GF Value