TBN PCL (BKK:TBN) Debt-to-EBITDA : -0.47 (As of Jun. 2026)

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BKK:TBN TBN Corp PCL BKK:TBN
74 GF Score
Price ฿3.54
GF Value ฿5.87
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is TBN PCL Debt-to-EBITDA?

TBN PCL BKK:TBN -0.56% 74 Debt-to-EBITDA is -0.47 as of Jun. 2026. GuruFocus rates BKK:TBN with a GF Score™ of 74/100 and a GF Value™ of ฿5.87 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,718 Software companies, TBN PCL ranks worse than 71.3% on this metric.

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

TBN PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿8.9 Mil. TBN PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿9.6 Mil. TBN PCL's annualized EBITDA for the quarter that ended in Jun. 2026 was ฿-39.5 Mil. TBN PCL's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was -0.47.

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

BKK:TBN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.1   Med: 0.34   Max: 2.51
Current: 2.51

During the past 7 years, the highest Debt-to-EBITDA Ratio of TBN PCL was 2.51. The lowest was 0.10. And the median was 0.34.

BKK:TBN's Debt-to-EBITDA is ranked worse than
71.3% of 1718 companies
in the Software industry
Industry Median: 0.98 vs BKK:TBN: 2.51

TBN PCL  (BKK:TBN) 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.


TBN PCL Debt-to-EBITDA Related Terms


TBN PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TBN 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.

TBN PCL Debt-to-EBITDA Chart

TBN PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 0.10 1.05 0.34 0.82 0.59

TBN PCL Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.34 0.66 0.60 -2.39 -0.47

BKK:TBN vs CRM, SHOP, UBER: Debt-to-EBITDA Comparison

For the Software - Application subindustry, TBN 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.


TBN PCL Debt-to-EBITDA vs Software Industry

For the Software industry and Technology sector, TBN PCL's Debt-to-EBITDA distribution charts can be found below:

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


BKK:TBN
74GF Score
TBN Corp PCL BKK:TBN
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TBN PCL Debt-to-EBITDA Calculation

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

TBN 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
=(8.609 + 14.736) / 39.624
=0.59

TBN PCL's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.88 + 9.587) / -39.452
=-0.47

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.47 mean?
TBN PCL (BKK:TBN) has a Debt-to-EBITDA of -0.47 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on TBN PCL. Over the past decade, TBN PCL's Debt-to-EBITDA has ranged from 0.10 to 2.51. According to the industry distribution chart, TBN PCL ranks #1225 out of 1718 companies in the Software industry, placing it in the top 71.3%.
Is TBN PCL's Debt-to-EBITDA too high?
TBN PCL's current Debt-to-EBITDA is -0.47. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 2.51. Based on the distribution chart, TBN PCL ranks #1225 out of 1718 companies in the Software industry, which is below the industry midpoint. Overall, TBN PCL has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TBN PCL's Debt-to-EBITDA compare to CRM and SHOP?
According to the Software industry distribution chart, TBN PCL ranks #1225 out of 1718 companies for Debt-to-EBITDA. This places TBN PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 0.98. Historically, TBN PCL's own Debt-to-EBITDA has ranged from 0.10 to 2.51 over the past decade. 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 Software company?
The median Debt-to-EBITDA among Software companies is 0.98, based on 1,718 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. 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 TBN PCL. For the Software industry, the median Debt-to-EBITDA is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TBN PCL's current Debt-to-EBITDA is -0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBN PCL stock overvalued right now?
Based on GuruFocus' analysis, TBN PCL (BKK:TBN) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿5.87, compared to a current price of ฿3.54 — trading 39.7% below its estimated fair value. The current Debt-to-EBITDA is -0.47. TBN PCL's overall GF Score™ is 74/100 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 TBN PCL (BKK:TBN), the current Debt-to-EBITDA is -0.47 as of Jun. 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 TBN PCL (BKK:TBN) Overvalued in 2026?

Based on GuruFocus' analysis, TBN PCL stock appears to be undervalued. The current stock price of ฿3.54 is trading 39.7% below its estimated GF Value™ of ฿5.87. GuruFocus considers TBN PCL to be Significantly Undervalued.

Key valuation signals for BKK:TBN:

  • Debt-to-EBITDA: -0.47
  • GF Value™: ฿5.87 vs. price of ฿3.54 (39.7% below fair value)
  • GF Score™: 74/100 with 5 warning signs

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


TBN PCL Business Description

Address Sukhumvit 21 (Asoke) Road, Floor. 15, Room No. 1501-1502, 54 Bangkok Business Building, Klong Toey Nua, Wattana, Bangkok, THA, 10110
TBN Corp PCL is Thailand's first low-code solutions provider. The company is engaged in the business of sales and development of software, including consultation on software development. The Company's segments include Digital solutions and technical consultancy services and technical maintenance, licensing, and cloud services, and Other. It offers a range of digital system design and development services, is a digital transformation consultant and solutions developer based on customer needs.
74GF Score

Get the complete analysis for BKK:TBN

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

฿3.54
Price
฿5.87
GF Value