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Vanachai Group PCLBKK:VNG-R 63 Debt-to-EBITDA is 13.31 as of Jun. 2026, which is 173% above its 10-year median of 4.87. GuruFocus rates BKK:VNG-R with a GF Score™ of 63/100 and a GF Value™ of ฿2.02 (Fairly Valued). The stock has 7 warning signs investors should review. Among 210 Forest Products companies, Vanachai Group PCL ranks worse than 93.33% 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 Vanachai Group PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:VNG-R'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.68 Med: 4.87 Max: 217.66
Current: 24.5
During the past 13 years, the highest Debt-to-EBITDA Ratio of Vanachai Group PCL was 217.66. The lowest was 1.68. And the median was 4.87.
BKK:VNG-R's Debt-to-EBITDA is ranked worse than 93.33% of 210
companies
in the Forest Products industry
Industry Median: 3.28
vs BKK:VNG-R: 24.50
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.
Vanachai Group PCL Debt-to-EBITDA Related Terms
Vanachai Group PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Vanachai Group 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:VNG-R vs SSD, UFPI, BCC: Debt-to-EBITDA Comparison
For the Lumber & Wood Production subindustry, Vanachai Group 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.
Vanachai Group PCL Debt-to-EBITDA vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Vanachai Group PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Vanachai Group 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 (Jun. 2026) EBITDA data.
Vanachai Group PCL (BKK:VNG-R) has a Debt-to-EBITDA of 13.31 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Vanachai Group PCL. This is 173% above median its historical median of 4.87. Over the past decade, Vanachai Group PCL's Debt-to-EBITDA has ranged from 1.68 to 217.66. According to the industry distribution chart, Vanachai Group PCL ranks #196 out of 210 companies in the Forest Products industry, placing it in the top 93.3%.
Is Vanachai Group PCL's Debt-to-EBITDA too high?
Vanachai Group PCL's current Debt-to-EBITDA of 13.31 is 173% above median its 10-year median of 4.87. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 217.66. The Forest Products industry median Debt-to-EBITDA is 3.28. Vanachai Group PCL's value of 13.31 is 305.8% above this industry median. Based on the distribution chart, Vanachai Group PCL ranks #196 out of 210 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Vanachai Group PCL has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vanachai Group PCL's Debt-to-EBITDA compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Vanachai Group PCL ranks #196 out of 210 companies for Debt-to-EBITDA. This places Vanachai Group PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 3.28. Vanachai Group PCL's value of 13.31 is 305.8% above this benchmark. Historically, Vanachai Group PCL's own Debt-to-EBITDA has ranged from 1.68 to 217.66 over the past decade. While the company's 10-year median is 4.87 vs. the industry median of 3.28, Vanachai Group 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 Forest Products company?
The median Debt-to-EBITDA among Forest Products companies is 3.28, based on 210 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. Vanachai Group PCL's current Debt-to-EBITDA of 13.31 is 305.8% 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 Vanachai Group PCL. For the Forest Products industry, the median Debt-to-EBITDA is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vanachai Group PCL's current Debt-to-EBITDA is 13.31, which is 173% above median its own 10-year median of 4.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanachai Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Vanachai Group PCL (BKK:VNG-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.02, compared to a current price of ฿1.97 — trading 2.5% below its estimated fair value. The current Debt-to-EBITDA is 13.31, which is 173% above median its 10-year median of 4.87 and 305.8% above the Forest Products industry median of 3.28. Vanachai Group PCL's overall GF Score™ is 63/100 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 Vanachai Group PCL (BKK:VNG-R), the current Debt-to-EBITDA is 13.31 as of Jun. 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 Vanachai Group PCL (BKK:VNG-R) Overvalued in 2026?
Based on GuruFocus' analysis, Vanachai Group PCL stock appears to be undervalued.
The current stock price of ฿1.97 is trading 2.5% below its estimated GF Value™ of ฿2.02.
GuruFocus considers Vanachai Group PCL to be Fairly Valued.
Key valuation signals for BKK:VNG-R:
Debt-to-EBITDA: 13.31 (173% above median its 10-year median of 4.87)
GF Value™: ฿2.02 vs. price of ฿1.97 (2.5% below fair value)
Industry Position: 305.8% above the Forest Products median (#196 of 210)
No single metric tells the full story. See the BKK:VNG-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vanachai Group PCL is a Thailand-based company. The principal activities of the company and its subsidiaries involve the production and distribution of wood plates, MDF boards, Particle boards, Doorskin, and Malamine on wood plates. The company creates wood-based goods such as particleboards, medium-density fiberboards (MDF boards), Doorskin, and melamine laminated particleboards, which are distributed to both domestic and international markets. It also sells finished products that include melamine doors, door frames, resins, formaldehyde adhesives, and finished flooring. The company generates the vast majority of its revenue in Thailand.
63GF Score
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