Thai Wacoal PCL (BKK:WACOAL) Debt-to-EBITDA : 0.48 (As of Jun. 2026)

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BKK:WACOAL Thai Wacoal PCL BKK:WACOAL
66 GF Score
Price ฿16.30
GF Value ฿20.16
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Thai Wacoal PCL Debt-to-EBITDA?

Thai Wacoal PCL BKK:WACOAL +0.62% 66 Debt-to-EBITDA is 0.48 as of Jun. 2026. GuruFocus rates BKK:WACOAL with a GF Score™ of 66/100 and a GF Value™ of ฿20.16 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 837 Manufacturing - Apparel & Accessories companies, Thai Wacoal PCL ranks better than 87.69% on this metric.

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

Thai Wacoal PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿17 Mil. Thai Wacoal PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿37 Mil. Thai Wacoal PCL's annualized EBITDA for the quarter that ended in Jun. 2026 was ฿112 Mil. Thai Wacoal PCL's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 0.48.

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

BKK:WACOAL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.65   Med: 0   Max: 0.78
Current: 0.39

During the past 13 years, the highest Debt-to-EBITDA Ratio of Thai Wacoal PCL was 0.78. The lowest was -2.65. And the median was 0.00.

BKK:WACOAL's Debt-to-EBITDA is ranked better than
87.69% of 837 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.73 vs BKK:WACOAL: 0.39

Thai Wacoal PCL  (BKK:WACOAL) 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.


Thai Wacoal PCL Debt-to-EBITDA Related Terms


Thai Wacoal PCL Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Thai Wacoal 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.

Thai Wacoal PCL Debt-to-EBITDA Chart

Thai Wacoal 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 -0.55 0.14 0.35 0.78 -2.65

Thai Wacoal PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.23 -0.30 0.10 1.17 0.48

BKK:WACOAL vs RL, LEVI, VFC: Debt-to-EBITDA Comparison

For the Apparel Manufacturing subindustry, Thai Wacoal 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.


Thai Wacoal PCL Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thai Wacoal PCL's Debt-to-EBITDA distribution charts can be found below:

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


BKK:WACOAL
66GF Score
Thai Wacoal PCL BKK:WACOAL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Wacoal PCL Debt-to-EBITDA Calculation

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

Thai Wacoal 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
=(16.918 + 40.186) / -21.541
=-2.65

Thai Wacoal PCL's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(17.394 + 36.869) / 112.496
=0.48

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.48 mean?
Thai Wacoal PCL (BKK:WACOAL) has a Debt-to-EBITDA of 0.48 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 Thai Wacoal PCL. According to the industry distribution chart, Thai Wacoal PCL ranks #103 out of 837 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.3%.
Is Thai Wacoal PCL's Debt-to-EBITDA too high?
Thai Wacoal PCL's current Debt-to-EBITDA is 0.48. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.73. Thai Wacoal PCL's value of 0.48 is 82.4% below this industry median. Based on the distribution chart, Thai Wacoal PCL ranks #103 out of 837 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Wacoal PCL has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Wacoal PCL's Debt-to-EBITDA compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Thai Wacoal PCL ranks #103 out of 837 companies for Debt-to-EBITDA. This places Thai Wacoal PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.73. Thai Wacoal PCL's value of 0.48 is 82.4% below this benchmark. 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.73, based on 837 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. Thai Wacoal PCL's current Debt-to-EBITDA of 0.48 is 82.4% 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 Thai Wacoal PCL. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Wacoal PCL's current Debt-to-EBITDA is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Wacoal PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Wacoal PCL (BKK:WACOAL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿20.16, compared to a current price of ฿16.30 — trading 19.1% below its estimated fair value. The current Debt-to-EBITDA is 0.48 and 82.4% below the Manufacturing - Apparel & Accessories industry median of 2.73. Thai Wacoal PCL's overall GF Score™ is 66/100 with 2 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 Thai Wacoal PCL (BKK:WACOAL), the current Debt-to-EBITDA is 0.48 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 Thai Wacoal PCL (BKK:WACOAL) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Wacoal PCL stock appears to be undervalued. The current stock price of ฿16.30 is trading 19.1% below its estimated GF Value™ of ฿20.16. GuruFocus considers Thai Wacoal PCL to be Modestly Undervalued.

Key valuation signals for BKK:WACOAL:

  • Debt-to-EBITDA: 0.48
  • GF Value™: ฿20.16 vs. price of ฿16.30 (19.1% below fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 82.4% below the Manufacturing - Apparel & Accessories median (#103 of 837)

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


Thai Wacoal PCL Business Description

Address 132 Soi Charoenrat 7, Bangkholaem District, Khwang Bangkhlo, Bangkok, THA, 10120
Thai Wacoal PCL is a Thailand-based garment manufacturing company. It manufactures and sells finished garment products, consisting of Ladies' lingerie, childrenswear and ladies outerwear. The key revenue driver product of the company is Ladies' lingerie, which is sold under the brand name of Wacoal. The company's operating segment is based on domestic sales and export sales of which a majority of the revenue is generated from domestic sales.
66GF Score

Get the complete analysis for BKK:WACOAL

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

฿16.30
Price
฿20.16
GF Value