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Wave Exponential PCLBKK:WAVE-R Debt-to-EBITDA is 9.24 as of Jun. 2026, which is 290% above its 10-year median of 2.37. The stock has 5 warning signs investors should review. Among 187 Education companies, Wave Exponential PCL ranks better than 86.1% 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 Wave Exponential PCL's Debt-to-EBITDA or its related term are showing as below:
BKK:WAVE-R'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.78 Med: 2.37 Max: 72.21
Current: 0.26
During the past 13 years, the highest Debt-to-EBITDA Ratio of Wave Exponential PCL was 72.21. The lowest was -1.78. And the median was 2.37.
BKK:WAVE-R's Debt-to-EBITDA is ranked better than 86.1% of 187
companies
in the Education industry
Industry Median: 1.52
vs BKK:WAVE-R: 0.26
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.
Wave Exponential PCL Debt-to-EBITDA Related Terms
Wave Exponential PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Wave Exponential 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:WAVE-R vs EDU, TAL, LAUR: Debt-to-EBITDA Comparison
For the Education & Training Services subindustry, Wave Exponential 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.
Wave Exponential PCL Debt-to-EBITDA vs Education Industry
For the Education industry and Consumer Defensive sector, Wave Exponential PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Wave Exponential 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.
Wave Exponential PCL (BKK:WAVE-R) has a Debt-to-EBITDA of 9.24 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 Wave Exponential PCL. This is 290% above median its historical median of 2.37. According to the industry distribution chart, Wave Exponential PCL ranks #26 out of 187 companies in the Education industry, placing it in the top 13.9%.
Is Wave Exponential PCL's Debt-to-EBITDA too high?
Wave Exponential PCL's current Debt-to-EBITDA of 9.24 is 290% above median its 10-year median of 2.37. The Education industry median Debt-to-EBITDA is 1.52. Wave Exponential PCL's value of 9.24 is 507.9% above this industry median. Based on the distribution chart, Wave Exponential PCL ranks #26 out of 187 companies in the Education industry, which is in the top quartile — a strong position relative to peers.
How does Wave Exponential PCL's Debt-to-EBITDA compare to EDU and TAL?
According to the Education industry distribution chart, Wave Exponential PCL ranks #26 out of 187 companies for Debt-to-EBITDA. This places Wave Exponential PCL in the top 14% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.52. Wave Exponential PCL's value of 9.24 is 507.9% above this benchmark. While the company's 10-year median is 2.37 vs. the industry median of 1.52, Wave Exponential 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 an Education company?
The median Debt-to-EBITDA among Education companies is 1.52, based on 187 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. Wave Exponential PCL's current Debt-to-EBITDA of 9.24 is 507.9% 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 Wave Exponential PCL. For the Education industry, the median Debt-to-EBITDA is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wave Exponential PCL's current Debt-to-EBITDA is 9.24, which is 290% above median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Exponential PCL stock overvalued right now?
Wave Exponential PCL (BKK:WAVE-R) has a current Debt-to-EBITDA of 9.24. The stock's GF Value™ is ฿0.04, compared to a current price of ฿0.03 — trading 25% below its estimated fair value. The current Debt-to-EBITDA is 9.24, which is 290% above median its 10-year median of 2.37 and 507.9% above the Education industry median of 1.52. 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 Wave Exponential PCL (BKK:WAVE-R), the current Debt-to-EBITDA is 9.24 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.
Wave Exponential PCL is principally engaged in the businesses of investment in other companies, operations of English language institutions, integrated carbon credit, and wellness health care. The company's business segments include Language institutions, Integrated carbon credit business, and Wellness health care business. The company generates the majority of its revenue from the Language Institutions segment.
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