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Thantawan Industry PCLBKK:THIP 65 Debt-to-EBITDA is 1.36 as of Mar. 2026, which is 1843% above its 10-year median of 0.07. GuruFocus rates BKK:THIP with a GF Score™ of 65/100 and a GF Value™ of ฿33.07 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 333 Packaging & Containers companies, Thantawan Industry PCL ranks better than 71.47% 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 Thantawan Industry PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:THIP'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 1.33
Current: 1.27
During the past 13 years, the highest Debt-to-EBITDA Ratio of Thantawan Industry PCL was 1.33. The lowest was 0.01. And the median was 0.07.
BKK:THIP's Debt-to-EBITDA is ranked better than 71.47% of 333
companies
in the Packaging & Containers industry
Industry Median: 2.58
vs BKK:THIP: 1.27
Thantawan Industry PCL (BKK:THIP) Debt-to-EBITDA Explanation
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.
Thantawan Industry PCL Debt-to-EBITDA Related Terms
Thantawan Industry PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Thantawan Industry 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:THIP vs SW, PKG, IP: Debt-to-EBITDA Comparison
For the Packaging & Containers subindustry, Thantawan Industry 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.
Thantawan Industry PCL Debt-to-EBITDA vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thantawan Industry PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Thantawan Industry 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.
Thantawan Industry PCL (BKK:THIP) has a Debt-to-EBITDA of 1.36 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 Thantawan Industry PCL. This is 1843% above median its historical median of 0.07. Over the past decade, Thantawan Industry PCL's Debt-to-EBITDA has ranged from 0.01 to 1.33. According to the industry distribution chart, Thantawan Industry PCL ranks #95 out of 333 companies in the Packaging & Containers industry, placing it in the top 28.5%.
Is Thantawan Industry PCL's Debt-to-EBITDA too high?
Thantawan Industry PCL's current Debt-to-EBITDA of 1.36 is 1843% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.33. The Packaging & Containers industry median Debt-to-EBITDA is 2.58. Thantawan Industry PCL's value of 1.36 is 47.3% below this industry median. Based on the distribution chart, Thantawan Industry PCL ranks #95 out of 333 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Thantawan Industry PCL has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thantawan Industry PCL's Debt-to-EBITDA compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thantawan Industry PCL ranks #95 out of 333 companies for Debt-to-EBITDA. This puts Thantawan Industry PCL in the upper half of its industry. The industry median Debt-to-EBITDA is 2.58. Thantawan Industry PCL's value of 1.36 is 47.3% below this benchmark. Historically, Thantawan Industry PCL's own Debt-to-EBITDA has ranged from 0.01 to 1.33 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 2.58, Thantawan Industry 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 a Packaging & Containers company?
The median Debt-to-EBITDA among Packaging & Containers companies is 2.58, based on 333 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. Thantawan Industry PCL's current Debt-to-EBITDA of 1.36 is 47.3% 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 Thantawan Industry PCL. For the Packaging & Containers industry, the median Debt-to-EBITDA is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thantawan Industry PCL's current Debt-to-EBITDA is 1.36, which is 1843% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thantawan Industry PCL stock overvalued right now?
Based on GuruFocus' analysis, Thantawan Industry PCL (BKK:THIP) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿33.07, compared to a current price of ฿20.90 — trading 36.8% below its estimated fair value. The current Debt-to-EBITDA is 1.36, which is 1843% above median its 10-year median of 0.07 and 47.3% below the Packaging & Containers industry median of 2.58. Thantawan Industry PCL's overall GF Score™ is 65/100 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 Thantawan Industry PCL (BKK:THIP), the current Debt-to-EBITDA is 1.36 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 Thantawan Industry PCL (BKK:THIP) Overvalued in 2026?
Based on GuruFocus' analysis, Thantawan Industry PCL stock appears to be undervalued.
The current stock price of ฿20.90 is trading 36.8% below its estimated GF Value™ of ฿33.07.
GuruFocus considers Thantawan Industry PCL to be Significantly Undervalued.
Key valuation signals for BKK:THIP:
Debt-to-EBITDA: 1.36 (1843% above median its 10-year median of 0.07)
GF Value™: ฿33.07 vs. price of ฿20.90 (36.8% below fair value)
Industry Position: 47.3% below the Packaging & Containers median (#95 of 333)
No single metric tells the full story. See the BKK:THIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thantawan Industry PCL is a Thailand-based company that engages in the manufacturing and selling of plastic products, such as general plastic bags, thin bags, and drinking straws. The Group manufactures and sells plastic products, which are divided into two main products: plastic bags and straw products. Other products are Zipper tape and resin scrap, etc. Key revenue is generated from Plastic bag. The geographical area of its operation is Thailand and Vietnam.
65GF Score
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