Aftab Automobiles (DHA:AFTABAUTO) Debt-to-EBITDA : 115.14 (As of Mar. 2026) — 204% Above Median

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DHA:AFTABAUTO Aftab Automobiles Ltd DHA:AFTABAUTO
69 GF Score
Price BDT30.50
GF Value BDT37.64
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Aftab Automobiles Debt-to-EBITDA?

Aftab Automobiles DHA:AFTABAUTO +0.99% 69 Debt-to-EBITDA is 115.14 as of Mar. 2026, which is 204% above its 10-year median of 37.88. GuruFocus rates DHA:AFTABAUTO with a GF Score™ of 69/100 and a GF Value™ of BDT37.64 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,100 Vehicles & Parts companies, Aftab Automobiles ranks worse than 99.55% on this metric.

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

Aftab Automobiles's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was BDT9,935.0 Mil. Aftab Automobiles's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was BDT13,234.1 Mil. Aftab Automobiles's annualized EBITDA for the quarter that ended in Mar. 2026 was BDT201.2 Mil. Aftab Automobiles's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 115.14.

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 Aftab Automobiles's Debt-to-EBITDA or its related term are showing as below:

DHA:AFTABAUTO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.06   Med: 37.88   Max: 134.82
Current: 134.82

During the past 13 years, the highest Debt-to-EBITDA Ratio of Aftab Automobiles was 134.82. The lowest was 5.06. And the median was 37.88.

DHA:AFTABAUTO's Debt-to-EBITDA is ranked worse than
99.55% of 1100 companies
in the Vehicles & Parts industry
Industry Median: 2.26 vs DHA:AFTABAUTO: 134.82

Aftab Automobiles  (DHA:AFTABAUTO) 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.


Aftab Automobiles Debt-to-EBITDA Related Terms


Aftab Automobiles Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Aftab Automobiles'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.

Aftab Automobiles Debt-to-EBITDA Chart

Aftab Automobiles Annual Data
Trend Aug15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.24 80.30 66.52 131.21 112.13

Aftab Automobiles 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 143.50 83.99 184.11 189.10 115.14

DHA:AFTABAUTO vs TSLA, GM, F: Debt-to-EBITDA Comparison

For the Auto Manufacturers subindustry, Aftab Automobiles'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.


Aftab Automobiles Debt-to-EBITDA vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aftab Automobiles's Debt-to-EBITDA distribution charts can be found below:

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


DHA:AFTABAUTO
69GF Score
Aftab Automobiles Ltd DHA:AFTABAUTO
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aftab Automobiles Debt-to-EBITDA Calculation

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

Aftab Automobiles's Debt-to-EBITDA for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9312.819 + 11520.112) / 185.8
=112.13

Aftab Automobiles'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
=(9934.964 + 13234.106) / 201.232
=115.14

* 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 115.14 mean?
Aftab Automobiles (DHA:AFTABAUTO) has a Debt-to-EBITDA of 115.14 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 Aftab Automobiles. This is 204% above median its historical median of 37.88. Over the past decade, Aftab Automobiles' Debt-to-EBITDA has ranged from 5.06 to 134.82. According to the industry distribution chart, Aftab Automobiles ranks #1095 out of 1100 companies in the Vehicles & Parts industry, placing it in the top 99.5%.
Is Aftab Automobiles' Debt-to-EBITDA too high?
Aftab Automobiles' current Debt-to-EBITDA of 115.14 is 204% above median its 10-year median of 37.88. Over the past 10 years, this metric has ranged from a low of 5.06 to a high of 134.82. The Vehicles & Parts industry median Debt-to-EBITDA is 2.26. Aftab Automobiles' value of 115.14 is 4994.7% above this industry median. Based on the distribution chart, Aftab Automobiles ranks #1095 out of 1100 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Aftab Automobiles has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aftab Automobiles' Debt-to-EBITDA compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Aftab Automobiles ranks #1095 out of 1100 companies for Debt-to-EBITDA. This places Aftab Automobiles in the lower half of its industry. The industry median Debt-to-EBITDA is 2.26. Aftab Automobiles' value of 115.14 is 4994.7% above this benchmark. Historically, Aftab Automobiles' own Debt-to-EBITDA has ranged from 5.06 to 134.82 over the past decade. While the company's 10-year median is 37.88 vs. the industry median of 2.26, Aftab Automobiles 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 Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.26, based on 1,100 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. Aftab Automobiles's current Debt-to-EBITDA of 115.14 is 4994.7% 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 Aftab Automobiles. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aftab Automobiles's current Debt-to-EBITDA is 115.14, which is 204% above median its own 10-year median of 37.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aftab Automobiles stock overvalued right now?
Based on GuruFocus' analysis, Aftab Automobiles (DHA:AFTABAUTO) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT37.64, compared to a current price of BDT30.50 — trading 19% below its estimated fair value. The current Debt-to-EBITDA is 115.14, which is 204% above median its 10-year median of 37.88 and 4994.7% above the Vehicles & Parts industry median of 2.26. Aftab Automobiles' overall GF Score™ is 69/100 with 4 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 Aftab Automobiles (DHA:AFTABAUTO), the current Debt-to-EBITDA is 115.14 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 Aftab Automobiles (DHA:AFTABAUTO) Overvalued in 2026?

Based on GuruFocus' analysis, Aftab Automobiles stock appears to be undervalued. The current stock price of BDT30.50 is trading 19% below its estimated GF Value™ of BDT37.64. GuruFocus considers Aftab Automobiles to be Modestly Undervalued.

Key valuation signals for DHA:AFTABAUTO:

  • Debt-to-EBITDA: 115.14 (204% above median its 10-year median of 37.88)
  • GF Value™: BDT37.64 vs. price of BDT30.50 (19% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 4994.7% above the Vehicles & Parts median (#1095 of 1100)

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


Aftab Automobiles Business Description

Address 205-207, Tejgaon Industrial Area, Dhaka, BGD, 1208
Aftab Automobiles Ltd is mainly a vehicle assembler and bus body fabricator operating in Bangladesh. The company has been assembling Toyota and Hino vehicles. Its activities include assembling Toyota Land Cruiser soft top and pick up, Land Cruiser Prado, Hino bus, and Hino mini bus and truck chassis, with a yearly production capacity in three shifts. Presently, the company is mainly engaged in assembling Hino bus chassis and bus body fabrication, including luxury buses that operate on routes across the country as well as international routes. The company operates through three operating segments, namely the assembling unit, motorcycle unit, and body unit, with the majority of revenue generated from the assembling unit. The company operates in Bangladesh.
69GF Score

Get the complete analysis for DHA:AFTABAUTO

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

BDT30.50
Price
BDT37.64
GF Value