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Tpi Polene PCLBKK:TPIPL 69 Debt-to-EBITDA is 7.75 as of Mar. 2026, which is 7% below its 10-year median of 8.37. GuruFocus rates BKK:TPIPL with a GF Score™ of 69/100 and a GF Value™ of ฿1.14 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 330 Building Materials companies, Tpi Polene PCL ranks worse than 90% 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 Tpi Polene PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:TPIPL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.39 Med: 8.37 Max: 12.31
Current: 9.03
During the past 13 years, the highest Debt-to-EBITDA Ratio of Tpi Polene PCL was 12.31. The lowest was 5.39. And the median was 8.37.
BKK:TPIPL's Debt-to-EBITDA is ranked worse than 90% of 330
companies
in the Building Materials industry
Industry Median: 2.27
vs BKK:TPIPL: 9.03
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.
Tpi Polene PCL Debt-to-EBITDA Related Terms
Tpi Polene PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Tpi Polene 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:TPIPL vs CRH, VMC, MLM: Debt-to-EBITDA Comparison
For the Building Materials subindustry, Tpi Polene 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.
Tpi Polene PCL Debt-to-EBITDA vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Tpi Polene PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tpi Polene 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.
Tpi Polene PCL (BKK:TPIPL) has a Debt-to-EBITDA of 7.75 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 Tpi Polene PCL. This is near median its historical median of 8.37. Over the past decade, Tpi Polene PCL's Debt-to-EBITDA has ranged from 5.39 to 12.31. According to the industry distribution chart, Tpi Polene PCL ranks #297 out of 330 companies in the Building Materials industry, placing it in the top 90%.
Is Tpi Polene PCL's Debt-to-EBITDA too high?
Tpi Polene PCL's current Debt-to-EBITDA of 7.75 is near median its 10-year median of 8.37. Over the past 10 years, this metric has ranged from a low of 5.39 to a high of 12.31. The Building Materials industry median Debt-to-EBITDA is 2.27. Tpi Polene PCL's value of 7.75 is 241.4% above this industry median. Based on the distribution chart, Tpi Polene PCL ranks #297 out of 330 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Tpi Polene PCL has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tpi Polene PCL's Debt-to-EBITDA compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tpi Polene PCL ranks #297 out of 330 companies for Debt-to-EBITDA. This places Tpi Polene PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 2.27. Tpi Polene PCL's value of 7.75 is 241.4% above this benchmark. Historically, Tpi Polene PCL's own Debt-to-EBITDA has ranged from 5.39 to 12.31 over the past decade. While the company's 10-year median is 8.37 vs. the industry median of 2.27, Tpi Polene 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 Building Materials company?
The median Debt-to-EBITDA among Building Materials companies is 2.27, based on 330 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. Tpi Polene PCL's current Debt-to-EBITDA of 7.75 is 241.4% 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 Tpi Polene PCL. For the Building Materials industry, the median Debt-to-EBITDA is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tpi Polene PCL's current Debt-to-EBITDA is 7.75, which is near median its own 10-year median of 8.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tpi Polene PCL stock overvalued right now?
Based on GuruFocus' analysis, Tpi Polene PCL (BKK:TPIPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.14, compared to a current price of ฿0.85 — trading 25.4% below its estimated fair value. The current Debt-to-EBITDA is 7.75, which is near median its 10-year median of 8.37 and 241.4% above the Building Materials industry median of 2.27. Tpi Polene PCL's overall GF Score™ is 69/100 with 12 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 Tpi Polene PCL (BKK:TPIPL), the current Debt-to-EBITDA is 7.75 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 Tpi Polene PCL (BKK:TPIPL) Overvalued in 2026?
Based on GuruFocus' analysis, Tpi Polene PCL stock appears to be undervalued.
The current stock price of ฿0.85 is trading 25.4% below its estimated GF Value™ of ฿1.14.
GuruFocus considers Tpi Polene PCL to be Modestly Undervalued.
Key valuation signals for BKK:TPIPL:
Debt-to-EBITDA: 7.75 (near median its 10-year median of 8.37)
GF Value™: ฿1.14 vs. price of ฿0.85 (25.4% below fair value)
Industry Position: 241.4% above the Building Materials median (#297 of 330)
No single metric tells the full story. See the BKK:TPIPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tpi Polene PCL is a producer and distributor of cement, clinker, and ready-mixed cement products in Thailand under the TPI Polene brand. The company's offerings include cement, mortar, low-density polyethylene plastics resin, ethylene vinyl acetate, solar cell encapsulants, concrete and concrete tiles, and fiber cement, among others. The company has four reportable segments: Construction Materials, Petrochemical & Chemicals, Energy & Utilities, and Agriculture. The majority of its revenue is generated from the Construction Materials segment. Geographically, it derives maximum revenue from Thailand and the rest from China, Bangladesh, Australia, India, Philippines, and other regions.
69GF Score
Get the complete analysis for BKK:TPIPL
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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