Stecon Group PCL (BKK:STECON) Debt-to-EBITDA : 3.62 (As of Mar. 2026) — 25% Above Median

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BKK:STECON Stecon Group PCL BKK:STECON
8 GF Score
Price ฿16.60
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What is Stecon Group PCL Debt-to-EBITDA?

Stecon Group PCL BKK:STECON +2.47% 8 Debt-to-EBITDA is 3.62 as of Mar. 2026, which is 25% above its 10-year median of 2.90. GuruFocus rates BKK:STECON with a GF Score™ of 8/100. The stock has 3 warning signs investors should review. Among 1,413 Construction companies, Stecon Group PCL ranks worse than 59.24% on this metric.

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

Stecon Group PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿8,722 Mil. Stecon Group PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿1,048 Mil. Stecon Group PCL's annualized EBITDA for the quarter that ended in Mar. 2026 was ฿2,700 Mil. Stecon Group PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.62.

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

BKK:STECON' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.1   Med: 2.9   Max: 3.6
Current: 2.93

During the past 3 years, the highest Debt-to-EBITDA Ratio of Stecon Group PCL was 3.60. The lowest was -5.10. And the median was 2.90.

BKK:STECON's Debt-to-EBITDA is ranked worse than
59.24% of 1413 companies
in the Construction industry
Industry Median: 2.1 vs BKK:STECON: 2.93

Stecon Group PCL  (BKK:STECON) 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.


Stecon Group PCL Debt-to-EBITDA Related Terms


Stecon Group PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Stecon Group 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.

Stecon Group PCL Debt-to-EBITDA Chart

Stecon Group PCL Annual Data
Trend Dec23 Dec24 Dec25
Debt-to-EBITDA
3.60 -5.10 2.90

Stecon Group PCL Quarterly Data
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 3.87 2.63 4.32 1.78 3.62

BKK:STECON vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, Stecon Group 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.


Stecon Group PCL Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Stecon Group PCL's Debt-to-EBITDA distribution charts can be found below:

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


BKK:STECON
8GF Score
Stecon Group PCL BKK:STECON
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Stecon Group PCL Debt-to-EBITDA Calculation

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

Stecon Group 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
=(8283.563 + 1100.052) / 3239.687
=2.90

Stecon Group 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
=(8721.52 + 1047.772) / 2699.604
=3.62

* 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 3.62 mean?
Stecon Group PCL (BKK:STECON) has a Debt-to-EBITDA of 3.62 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 Stecon Group PCL. This is 25% above median its historical median of 2.90. According to the industry distribution chart, Stecon Group PCL ranks #837 out of 1413 companies in the Construction industry, placing it in the top 59.2%.
Is Stecon Group PCL's Debt-to-EBITDA too high?
Stecon Group PCL's current Debt-to-EBITDA of 3.62 is 25% above median its 10-year median of 2.90. The Construction industry median Debt-to-EBITDA is 2.10. Stecon Group PCL's value of 3.62 is 72.4% above this industry median. Based on the distribution chart, Stecon Group PCL ranks #837 out of 1413 companies in the Construction industry, which is below the industry midpoint. Overall, Stecon Group PCL has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Stecon Group PCL's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Stecon Group PCL ranks #837 out of 1413 companies for Debt-to-EBITDA. This places Stecon Group PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 2.10. Stecon Group PCL's value of 3.62 is 72.4% above this benchmark. While the company's 10-year median is 2.90 vs. the industry median of 2.10, Stecon Group 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.10, based on 1,413 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. Stecon Group PCL's current Debt-to-EBITDA of 3.62 is 72.4% 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 Stecon Group PCL. For the Construction industry, the median Debt-to-EBITDA is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stecon Group PCL's current Debt-to-EBITDA is 3.62, which is 25% above median its own 10-year median of 2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stecon Group PCL stock overvalued right now?
Stecon Group PCL (BKK:STECON) has a current Debt-to-EBITDA of 3.62. The current Debt-to-EBITDA is 3.62, which is 25% above median its 10-year median of 2.90 and 72.4% above the Construction industry median of 2.10. Stecon Group PCL's overall GF Score™ is 8/100 with 3 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 Stecon Group PCL (BKK:STECON), the current Debt-to-EBITDA is 3.62 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.

Stecon Group PCL Business Description

Address Sukhumvit Soi 21, Asoke Road, 32/59-60, 20,27-30 Floor, Sino-Thai Tower, Klongtoey-Nua, Wattana, Bangkok, THA, 10110
Stecon Group PCL is an engineering and construction company. The group works on government and private projects, including civil and mechanical works. Its services include Infrastructure, Building, Power and energy, Industrial, and Environmental. Geographically, the company operates in Thailand.
8GF Score

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

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