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Star Petroleum Refining PCLBKK:SPRC +0.93%75 Debt-to-EBITDA is 0.25 as of Mar. 2026, which is 68% below its 10-year median of 0.78. GuruFocus rates BKK:SPRC with a GF Score™ of 75/100 and a GF Value™ of ฿6.66 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 713 Oil & Gas companies, Star Petroleum Refining PCL ranks better than 80.36% 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 Star Petroleum Refining PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:SPRC'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.3 Med: 0.78 Max: 4.94
Current: 0.6
During the past 13 years, the highest Debt-to-EBITDA Ratio of Star Petroleum Refining PCL was 4.94. The lowest was -6.30. And the median was 0.78.
BKK:SPRC's Debt-to-EBITDA is ranked better than 80.36% of 713
companies
in the Oil & Gas industry
Industry Median: 2
vs BKK:SPRC: 0.60
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.
Star Petroleum Refining PCL Debt-to-EBITDA Related Terms
Star Petroleum Refining PCL Debt-to-EBITDA Historical Data
* 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:SPRC vs MPC, VLO, PSX: Debt-to-EBITDA Comparison
For the Oil & Gas Refining & Marketing subindustry, Star Petroleum Refining 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.
Star Petroleum Refining PCL Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Star Petroleum Refining PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Star Petroleum Refining 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.
Star Petroleum Refining PCL (BKK:SPRC) has a Debt-to-EBITDA of 0.25 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 Star Petroleum Refining PCL. This is 68% below median its historical median of 0.78. According to the industry distribution chart, Star Petroleum Refining PCL ranks #140 out of 713 companies in the Oil & Gas industry, placing it in the top 19.6%.
Is Star Petroleum Refining PCL's Debt-to-EBITDA too high?
Star Petroleum Refining PCL's current Debt-to-EBITDA of 0.25 is 68% below median its 10-year median of 0.78. The Oil & Gas industry median Debt-to-EBITDA is 2.00. Star Petroleum Refining PCL's value of 0.25 is 87.5% below this industry median. Based on the distribution chart, Star Petroleum Refining PCL ranks #140 out of 713 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Star Petroleum Refining PCL has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Star Petroleum Refining PCL's Debt-to-EBITDA compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Star Petroleum Refining PCL ranks #140 out of 713 companies for Debt-to-EBITDA. This places Star Petroleum Refining PCL in the top 20% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.00. Star Petroleum Refining PCL's value of 0.25 is 87.5% below this benchmark. While the company's 10-year median is 0.78 vs. the industry median of 2.00, Star Petroleum Refining 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 an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.00, based on 713 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. Star Petroleum Refining PCL's current Debt-to-EBITDA of 0.25 is 87.5% 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 Star Petroleum Refining PCL. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Petroleum Refining PCL's current Debt-to-EBITDA is 0.25, which is 68% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Petroleum Refining PCL stock overvalued right now?
Based on GuruFocus' analysis, Star Petroleum Refining PCL (BKK:SPRC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿6.66, compared to a current price of ฿10.80 — trading 62.2% above its estimated fair value. The current Debt-to-EBITDA is 0.25, which is 68% below median its 10-year median of 0.78 and 87.5% below the Oil & Gas industry median of 2.00. Star Petroleum Refining PCL's overall GF Score™ is 75/100 with 5 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 Star Petroleum Refining PCL (BKK:SPRC), the current Debt-to-EBITDA is 0.25 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 Star Petroleum Refining PCL (BKK:SPRC) Overvalued in 2026?
Based on GuruFocus' analysis, Star Petroleum Refining PCL stock appears to be overvalued.
The current stock price of ฿10.80 is trading 62.2% above its estimated GF Value™ of ฿6.66.
GuruFocus considers Star Petroleum Refining PCL to be Significantly Overvalued.
Key valuation signals for BKK:SPRC:
Debt-to-EBITDA: 0.25 (68% below median its 10-year median of 0.78)
GF Value™: ฿6.66 vs. price of ฿10.80 (62.2% above fair value)
Industry Position: 87.5% below the Oil & Gas median (#140 of 713)
No single metric tells the full story. See the BKK:SPRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Star Petroleum Refining PCL operates petroleum refinery in Thailand. The company produces multiple petroleum products such as Liquefied Petroleum Gas, gasoline, jet fuel, diesel, fuel oil, asphalt, and others. Geographically the majority of its sales are conducted in Thailand. However, the company also produces petroleum products for international markets.
75GF Score
Get the complete analysis for BKK:SPRC
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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