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Smart Concrete PCLBKK:SMART +5.45%55 Debt-to-EBITDA is 0.31 as of Dec. 2025, which is 18% below its 10-year median of 0.38. GuruFocus rates BKK:SMART with a GF Score™ of 55/100 and a GF Value™ of ฿0.49 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 331 Building Materials companies, Smart Concrete PCL ranks better than 83.69% 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 Smart Concrete PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:SMART'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.11 Med: 0.38 Max: 7.58
Current: 0.28
During the past 13 years, the highest Debt-to-EBITDA Ratio of Smart Concrete PCL was 7.58. The lowest was -3.11. And the median was 0.38.
BKK:SMART's Debt-to-EBITDA is ranked better than 83.69% of 331
companies
in the Building Materials industry
Industry Median: 2.27
vs BKK:SMART: 0.28
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.
Smart Concrete PCL Debt-to-EBITDA Related Terms
Smart Concrete PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Smart Concrete 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.
BKK:SMART vs CRH, VMC, MLM: Debt-to-EBITDA Comparison
For the Building Materials subindustry, Smart Concrete 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.
Smart Concrete PCL Debt-to-EBITDA vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Smart Concrete PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Smart Concrete 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 (Dec. 2025) EBITDA data.
Smart Concrete PCL (BKK:SMART) has a Debt-to-EBITDA of 0.31 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Smart Concrete PCL. This is 18% below median its historical median of 0.38. According to the industry distribution chart, Smart Concrete PCL ranks #54 out of 331 companies in the Building Materials industry, placing it in the top 16.3%.
Is Smart Concrete PCL's Debt-to-EBITDA too high?
Smart Concrete PCL's current Debt-to-EBITDA of 0.31 is 18% below median its 10-year median of 0.38. The Building Materials industry median Debt-to-EBITDA is 2.27. Smart Concrete PCL's value of 0.31 is 86.3% below this industry median. Based on the distribution chart, Smart Concrete PCL ranks #54 out of 331 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Smart Concrete PCL has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smart Concrete PCL's Debt-to-EBITDA compare to CRH and VMC?
According to the Building Materials industry distribution chart, Smart Concrete PCL ranks #54 out of 331 companies for Debt-to-EBITDA. This places Smart Concrete PCL in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.27. Smart Concrete PCL's value of 0.31 is 86.3% below this benchmark. While the company's 10-year median is 0.38 vs. the industry median of 2.27, Smart Concrete PCL has consistently been below 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 Building Materials company?
The median Debt-to-EBITDA among Building Materials companies is 2.27, based on 331 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. Smart Concrete PCL's current Debt-to-EBITDA of 0.31 is 86.3% below 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 Smart Concrete PCL. For the Building Materials industry, the median Debt-to-EBITDA is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Concrete PCL's current Debt-to-EBITDA is 0.31, which is 18% below median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Concrete PCL stock overvalued right now?
Based on GuruFocus' analysis, Smart Concrete PCL (BKK:SMART) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.49, compared to a current price of ฿0.58 — trading 18.4% above its estimated fair value. The current Debt-to-EBITDA is 0.31, which is 18% below median its 10-year median of 0.38 and 86.3% below the Building Materials industry median of 2.27. Smart Concrete PCL's overall GF Score™ is 55/100 with 4 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 Smart Concrete PCL (BKK:SMART), the current Debt-to-EBITDA is 0.31 as of Dec. 2025. 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 Smart Concrete PCL (BKK:SMART) Overvalued in 2026?
Based on GuruFocus' analysis, Smart Concrete PCL stock appears to be overvalued.
The current stock price of ฿0.58 is trading 18.4% above its estimated GF Value™ of ฿0.49.
GuruFocus considers Smart Concrete PCL to be Modestly Overvalued.
Key valuation signals for BKK:SMART:
Debt-to-EBITDA: 0.31 (18% below median its 10-year median of 0.38)
GF Value™: ฿0.49 vs. price of ฿0.58 (18.4% above fair value)
Industry Position: 86.3% below the Building Materials median (#54 of 331)
No single metric tells the full story. See the BKK:SMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smart Concrete PCL is engaged in the manufacturing and sale of products related to autoclaved aerated concrete blocks for use in construction. The company's product line includes construction and decorative products, such as lightweight concrete blocks, SmartBlock G4, decorative ventilation blocks, Smart Blocks, and Smart Lintel precast lintels. The company operates in Thailand.
55GF Score
Get the complete analysis for BKK:SMART
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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