TCM PCL (BKK:TCMC) Debt-to-EBITDA : -261.01 (As of Mar. 2026)

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BKK:TCMC TCM Corp PCL BKK:TCMC
29 GF Score
Price ฿0.30
GF Value ฿0.44
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is TCM PCL Debt-to-EBITDA?

TCM PCL BKK:TCMC +3.45% 29 Debt-to-EBITDA is -261.01 as of Mar. 2026. GuruFocus rates BKK:TCMC with a GF Score™ of 29/100 and a GF Value™ of ฿0.44 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 817 Manufacturing - Apparel & Accessories companies, TCM PCL ranks worse than 122398.9% on this metric.

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

TCM PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿304 Mil. TCM PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿2,743 Mil. TCM PCL's annualized EBITDA for the quarter that ended in Mar. 2026 was ฿-12 Mil. TCM PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -261.01.

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

BKK:TCMC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.37   Med: 5.91   Max: 12.5
Current: -6.13

During the past 13 years, the highest Debt-to-EBITDA Ratio of TCM PCL was 12.50. The lowest was -7.37. And the median was 5.91.

BKK:TCMC's Debt-to-EBITDA is ranked worse than
100% of 817 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.7 vs BKK:TCMC: -6.13

TCM PCL  (BKK:TCMC) 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.


TCM PCL Debt-to-EBITDA Related Terms


TCM PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TCM 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.

TCM PCL Debt-to-EBITDA Chart

TCM PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.50 6.69 6.08 -7.37 -6.72

TCM PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 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 28.63 -8.34 -1.43 4.84 -261.01

BKK:TCMC vs AIN: Debt-to-EBITDA Comparison

For the Textile Manufacturing subindustry, TCM 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.


TCM PCL Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TCM PCL's Debt-to-EBITDA distribution charts can be found below:

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


BKK:TCMC
29GF Score
TCM Corp PCL BKK:TCMC
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TCM PCL Debt-to-EBITDA Calculation

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

TCM 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
=(789.117 + 2338.395) / -465.124
=-6.72

TCM 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
=(303.868 + 2742.609) / -11.672
=-261.01

* 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 -261.01 mean?
TCM PCL (BKK:TCMC) has a Debt-to-EBITDA of -261.01 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 TCM PCL. According to the industry distribution chart, TCM PCL ranks #999999 out of 817 companies in the Manufacturing - Apparel & Accessories industry.
Is TCM PCL's Debt-to-EBITDA too high?
TCM PCL's current Debt-to-EBITDA is -261.01. Based on the distribution chart, TCM PCL ranks #999999 out of 817 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, TCM PCL has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TCM PCL's Debt-to-EBITDA compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TCM PCL ranks #999999 out of 817 companies for Debt-to-EBITDA. This places TCM PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 2.70. 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.70, based on 817 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 TCM PCL. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCM PCL's current Debt-to-EBITDA is -261.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM PCL stock overvalued right now?
Based on GuruFocus' analysis, TCM PCL (BKK:TCMC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.44, compared to a current price of ฿0.30 — trading 31.8% below its estimated fair value. The current Debt-to-EBITDA is -261.01. TCM PCL's overall GF Score™ is 29/100 with 6 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 TCM PCL (BKK:TCMC), the current Debt-to-EBITDA is -261.01 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 TCM PCL (BKK:TCMC) Overvalued in 2026?

Based on GuruFocus' analysis, TCM PCL stock appears to be undervalued. The current stock price of ฿0.30 is trading 31.8% below its estimated GF Value™ of ฿0.44. GuruFocus considers TCM PCL to be Possible Value Trap.

Key valuation signals for BKK:TCMC:

  • Debt-to-EBITDA: -261.01
  • GF Value™: ฿0.44 vs. price of ฿0.30 (31.8% below fair value)
  • GF Score™: 29/100 with 6 warning signs

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


TCM PCL Business Description

Address 2054 New Petchaburi Road, Bangkapi, Huaykwang, Bangkok, THA, 10310
TCM Corp PCL is a Thailand-based manufacturer, distributor, and seller of various types of rugs and carpets. The company operates through three segments, The Surface segment includes hand-woven and machine-woven carpet for indoor decoration including the flooring materials; the Living segment consisting sofa chairs for interior decoration, and the Automotive segment comprises carpet for the floors inside vehicles, vehicles upholstery fabrics. The company derives maximum revenue from the Surface Segment. It has a business presence in Thailand, United Kingdom, and other countries.
29GF Score

Get the complete analysis for BKK:TCMC

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

฿0.30
Price
฿0.44
GF Value