Ratchthani Leasing PCLBKK:THANI-R 60 Debt-to-EBITDA is 20.96 as of Mar. 2026, which is 3% above its 10-year median of 20.41. GuruFocus rates BKK:THANI-R with a GF Score™ of 60/100 and a GF Value™ of ฿2.75. The stock has 7 warning signs investors should review. Among 281 Credit Services companies, Ratchthani Leasing PCL ranks worse than 83.99% 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 Ratchthani Leasing PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:THANI-R'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 17.91 Med: 20.41 Max: 48.32
Current: 26.94
During the past 13 years, the highest Debt-to-EBITDA Ratio of Ratchthani Leasing PCL was 48.32. The lowest was 17.91. And the median was 20.41.
BKK:THANI-R's Debt-to-EBITDA is ranked worse than 83.99% of 281
companies
in the Credit Services industry
Industry Median: 9.32
vs BKK:THANI-R: 26.94
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.
Ratchthani Leasing PCL Debt-to-EBITDA Related Terms
Ratchthani Leasing PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Ratchthani Leasing 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:THANI-R vs V, MA, AXP: Debt-to-EBITDA Comparison
For the Credit Services subindustry, Ratchthani Leasing 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.
Ratchthani Leasing PCL Debt-to-EBITDA vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Ratchthani Leasing PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ratchthani Leasing 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.
Ratchthani Leasing PCL (BKK:THANI-R) has a Debt-to-EBITDA of 20.96 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 Ratchthani Leasing PCL. This is near median its historical median of 20.41. Over the past decade, Ratchthani Leasing PCL's Debt-to-EBITDA has ranged from 17.91 to 48.32. According to the industry distribution chart, Ratchthani Leasing PCL ranks #236 out of 281 companies in the Credit Services industry, placing it in the top 84%.
Is Ratchthani Leasing PCL's Debt-to-EBITDA too high?
Ratchthani Leasing PCL's current Debt-to-EBITDA of 20.96 is near median its 10-year median of 20.41. Over the past 10 years, this metric has ranged from a low of 17.91 to a high of 48.32. The Credit Services industry median Debt-to-EBITDA is 9.32. Ratchthani Leasing PCL's value of 20.96 is 124.9% above this industry median. Based on the distribution chart, Ratchthani Leasing PCL ranks #236 out of 281 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Ratchthani Leasing PCL has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Ratchthani Leasing PCL's Debt-to-EBITDA compare to V and MA?
According to the Credit Services industry distribution chart, Ratchthani Leasing PCL ranks #236 out of 281 companies for Debt-to-EBITDA. This places Ratchthani Leasing PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 9.32. Ratchthani Leasing PCL's value of 20.96 is 124.9% above this benchmark. Historically, Ratchthani Leasing PCL's own Debt-to-EBITDA has ranged from 17.91 to 48.32 over the past decade. While the company's 10-year median is 20.41 vs. the industry median of 9.32, Ratchthani Leasing 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 Credit Services company?
The median Debt-to-EBITDA among Credit Services companies is 9.32, based on 281 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. Ratchthani Leasing PCL's current Debt-to-EBITDA of 20.96 is 124.9% 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 Ratchthani Leasing PCL. For the Credit Services industry, the median Debt-to-EBITDA is 9.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratchthani Leasing PCL's current Debt-to-EBITDA is 20.96, which is near median its own 10-year median of 20.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratchthani Leasing PCL stock overvalued right now?
Ratchthani Leasing PCL (BKK:THANI-R) has a current Debt-to-EBITDA of 20.96. The stock's GF Value™ is ฿2.75, compared to a current price of ฿2.94 — trading 6.9% above its estimated fair value. The current Debt-to-EBITDA is 20.96, which is near median its 10-year median of 20.41 and 124.9% above the Credit Services industry median of 9.32. Ratchthani Leasing PCL's overall GF Score™ is 60/100 with 7 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 Ratchthani Leasing PCL (BKK:THANI-R), the current Debt-to-EBITDA is 20.96 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 Ratchthani Leasing PCL (BKK:THANI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Ratchthani Leasing PCL stock appears to be overvalued.
The current stock price of ฿2.94 is trading 6.9% above its estimated GF Value™ of ฿2.75.
Key valuation signals for BKK:THANI-R:
Debt-to-EBITDA: 20.96 (near median its 10-year median of 20.41)
GF Value™: ฿2.75 vs. price of ฿2.94 (6.9% above fair value)
Industry Position: 124.9% above the Credit Services median (#236 of 281)
No single metric tells the full story. See the BKK:THANI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ratchthani Leasing PCL is engaged in providing financial services specifically hire-purchase and leasing. It conducts business by providing hire-purchase credit services and financial leasing services for commercial cars, vehicles, and other assets, including one-stop relevant services. The company's business consists of primary activities, including inbound logistics management, operations, outbound logistics, marketing and sales, and customer services.
60GF 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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