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Siamese Asset PCLBKK:SA -0.71%60 Debt-to-EBITDA is 22.07 as of Mar. 2026, which is 39% above its 10-year median of 15.88. GuruFocus rates BKK:SA with a GF Score™ of 60/100 and a GF Value™ of ฿5.72 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,277 Real Estate companies, Siamese Asset PCL ranks worse than 91.86% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Siamese Asset PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:SA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.45 Med: 15.88 Max: 27.07
Current: 25.45
During the past 9 years, the highest Debt-to-EBITDA Ratio of Siamese Asset PCL was 27.07. The lowest was 5.45. And the median was 15.88.
BKK:SA's Debt-to-EBITDA is ranked worse than 91.86% of 1277
companies
in the Real Estate industry
Industry Median: 5.54
vs BKK:SA: 25.45
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.
Siamese Asset PCL Debt-to-EBITDA Related Terms
Siamese Asset PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Siamese Asset 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.
For the Real Estate - Development subindustry, Siamese Asset 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.
Siamese Asset PCL Debt-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Siamese Asset PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Siamese Asset PCL's Debt-to-EBITDA falls into.
* 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.
Siamese Asset PCL (BKK:SA) has a Debt-to-EBITDA of 22.07 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 Siamese Asset PCL. This is 39% above median its historical median of 15.88. Over the past decade, Siamese Asset PCL's Debt-to-EBITDA has ranged from 5.45 to 27.07. According to the industry distribution chart, Siamese Asset PCL ranks #1173 out of 1277 companies in the Real Estate industry, placing it in the top 91.9%.
Is Siamese Asset PCL's Debt-to-EBITDA too high?
Siamese Asset PCL's current Debt-to-EBITDA of 22.07 is 39% above median its 10-year median of 15.88. Over the past 10 years, this metric has ranged from a low of 5.45 to a high of 27.07. The Real Estate industry median Debt-to-EBITDA is 5.54. Siamese Asset PCL's value of 22.07 is 298.4% above this industry median. Based on the distribution chart, Siamese Asset PCL ranks #1173 out of 1277 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Siamese Asset PCL has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siamese Asset PCL's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Siamese Asset PCL ranks #1173 out of 1277 companies for Debt-to-EBITDA. This places Siamese Asset PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 5.54. Siamese Asset PCL's value of 22.07 is 298.4% above this benchmark. Historically, Siamese Asset PCL's own Debt-to-EBITDA has ranged from 5.45 to 27.07 over the past decade. While the company's 10-year median is 15.88 vs. the industry median of 5.54, Siamese Asset 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 5.54, based on 1,277 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. Siamese Asset PCL's current Debt-to-EBITDA of 22.07 is 298.4% 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 Siamese Asset PCL. For the Real Estate industry, the median Debt-to-EBITDA is 5.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siamese Asset PCL's current Debt-to-EBITDA is 22.07, which is 39% above median its own 10-year median of 15.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siamese Asset PCL stock overvalued right now?
Based on GuruFocus' analysis, Siamese Asset PCL (BKK:SA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿5.72, compared to a current price of ฿7.00 — trading 22.4% above its estimated fair value. The current Debt-to-EBITDA is 22.07, which is 39% above median its 10-year median of 15.88 and 298.4% above the Real Estate industry median of 5.54. Siamese Asset PCL's overall GF Score™ is 60/100 with 11 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 Siamese Asset PCL (BKK:SA), the current Debt-to-EBITDA is 22.07 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 Siamese Asset PCL (BKK:SA) Overvalued in 2026?
Based on GuruFocus' analysis, Siamese Asset PCL stock appears to be overvalued.
The current stock price of ฿7.00 is trading 22.4% above its estimated GF Value™ of ฿5.72.
GuruFocus considers Siamese Asset PCL to be Modestly Overvalued.
Key valuation signals for BKK:SA:
Debt-to-EBITDA: 22.07 (39% above median its 10-year median of 15.88)
GF Value™: ฿5.72 vs. price of ฿7.00 (22.4% above fair value)
Industry Position: 298.4% above the Real Estate median (#1173 of 1277)
No single metric tells the full story. See the BKK:SA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siamese Asset PCL is involved in the real estate business. The operations of the Company are property development for sale and management of real estate development projects and providing consulting and management services to the Group. The company's operating segment includes the Real estate development segment, Service segment, Hotel segment, and Rental segment. The company generates the majority of its revenue from the Real estate development segment, which is engaged in the real estate development business, which includes single houses, townhouses, and condominiums.
60GF Score
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