Tirathai PCL (BKK:TRT-R) Debt-to-EBITDA : 1.38 (As of Mar. 2026) — 80% Below Median


BKK:TRT-R Tirathai PCL BKK:TRT-R
58 GF Score
Price ฿3.52
GF Value ฿0.79
! 7 Warning Signs
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What is Tirathai PCL Debt-to-EBITDA?

Tirathai PCL BKK:TRT-R 58 Debt-to-EBITDA is 1.38 as of Mar. 2026, which is 80% below its 10-year median of 7.03. GuruFocus rates BKK:TRT-R with a GF Score™ of 58/100 and a GF Value™ of ฿0.79. The stock has 7 warning signs investors should review. Among 2,331 Industrial Products companies, Tirathai PCL ranks worse than 67.48% on this metric.

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

Tirathai PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿1,155 Mil. Tirathai PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿152 Mil. Tirathai PCL's annualized EBITDA for the quarter that ended in Mar. 2026 was ฿950 Mil. Tirathai PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.38.

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

BKK:TRT-R' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.62   Med: 7.03   Max: 83.69
Current: 3.19

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tirathai PCL was 83.69. The lowest was 2.62. And the median was 7.03.

BKK:TRT-R's Debt-to-EBITDA is ranked worse than
67.48% of 2331 companies
in the Industrial Products industry
Industry Median: 1.69 vs BKK:TRT-R: 3.19

Tirathai PCL  (BKK:TRT-R) 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.


Tirathai PCL Debt-to-EBITDA Related Terms


Tirathai PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tirathai 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.

Tirathai PCL Debt-to-EBITDA Chart

Tirathai 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 4.93 83.69 4.76 2.62 4.78

Tirathai 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 2.57 3.38 6.54 4.72 1.38

BKK:TRT-R vs VRT, BE: Debt-to-EBITDA Comparison

For the Electrical Equipment & Parts subindustry, Tirathai 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.


Tirathai PCL Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tirathai PCL's Debt-to-EBITDA distribution charts can be found below:

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


BKK:TRT-R
58GF Score
Tirathai PCL BKK:TRT-R
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Tirathai PCL Debt-to-EBITDA Calculation

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

Tirathai 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
=(1160.832 + 89.391) / 261.64
=4.78

Tirathai 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
=(1154.947 + 152.239) / 950.2
=1.38

* 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 1.38 mean?
Tirathai PCL (BKK:TRT-R) has a Debt-to-EBITDA of 1.38 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 Tirathai PCL. This is 80% below median its historical median of 7.03. Over the past decade, Tirathai PCL's Debt-to-EBITDA has ranged from 2.62 to 83.69. According to the industry distribution chart, Tirathai PCL ranks #1573 out of 2331 companies in the Industrial Products industry, placing it in the top 67.5%.
Is Tirathai PCL's Debt-to-EBITDA too high?
Tirathai PCL's current Debt-to-EBITDA of 1.38 is 80% below median its 10-year median of 7.03. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 83.69. The Industrial Products industry median Debt-to-EBITDA is 1.69. Tirathai PCL's value of 1.38 is 18.3% below this industry median. Based on the distribution chart, Tirathai PCL ranks #1573 out of 2331 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tirathai PCL has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Tirathai PCL's Debt-to-EBITDA compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tirathai PCL ranks #1573 out of 2331 companies for Debt-to-EBITDA. This places Tirathai PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 1.69. Tirathai PCL's value of 1.38 is 18.3% below this benchmark. Historically, Tirathai PCL's own Debt-to-EBITDA has ranged from 2.62 to 83.69 over the past decade. While the company's 10-year median is 7.03 vs. the industry median of 1.69, Tirathai 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.69, based on 2,331 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. Tirathai PCL's current Debt-to-EBITDA of 1.38 is 18.3% 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 Tirathai PCL. For the Industrial Products industry, the median Debt-to-EBITDA is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tirathai PCL's current Debt-to-EBITDA is 1.38, which is 80% below median its own 10-year median of 7.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tirathai PCL stock overvalued right now?
Tirathai PCL (BKK:TRT-R) has a current Debt-to-EBITDA of 1.38. The stock's GF Value™ is ฿0.79, compared to a current price of ฿3.52 — trading 345.6% above its estimated fair value. The current Debt-to-EBITDA is 1.38, which is 80% below median its 10-year median of 7.03 and 18.3% below the Industrial Products industry median of 1.69. Tirathai PCL's overall GF Score™ is 58/100 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 Tirathai PCL (BKK:TRT-R), the current Debt-to-EBITDA is 1.38 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 Tirathai PCL (BKK:TRT-R) Overvalued in 2026?

Based on GuruFocus' analysis, Tirathai PCL stock appears to be overvalued. The current stock price of ฿3.52 is trading 345.6% above its estimated GF Value™ of ฿0.79.

Key valuation signals for BKK:TRT-R:

  • Debt-to-EBITDA: 1.38 (80% below median its 10-year median of 7.03)
  • GF Value™: ฿0.79 vs. price of ฿3.52 (345.6% above fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 18.3% below the Industrial Products median (#1573 of 2331)

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


Tirathai PCL Business Description

Other Exchanges TRT:Thailand
Address 516/1 Moo 4, Sukhumvit Road, Bangpoo Industrial Estate, Amphoe Mueang, Samut Prakan, THA, 10280
Tirathai PCL is a Thailand-based company mainly involved in the business of manufacturing, repairing, and maintenance services of transformers and the sales of transformer equipment. In addition, it is also involved in general custom metalwork services. It offers Power transformers, Distribution transformers, and Special transformers. The company's operations are located in Thailand and other countries, of which key revenue is derived from Thailand.
58GF Score

Get the complete analysis for BKK:TRT-R

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

฿3.52
Price
฿0.79
GF Value