British American Tobacco Bangladesh Co (DHA:BATBC) Debt-to-EBITDA : 0.93 (As of Mar. 2026) — 389% Above Median

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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:BATBC British American Tobacco Bangladesh Co Ltd DHA:BATBC
85 GF Score
Price BDT228.10
GF Value BDT311.68
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is British American Tobacco Bangladesh Co Debt-to-EBITDA?

British American Tobacco Bangladesh Co DHA:BATBC +1.56% 85 Debt-to-EBITDA is 0.93 as of Mar. 2026, which is 389% above its 10-year median of 0.19. GuruFocus rates DHA:BATBC with a GF Score™ of 85/100 and a GF Value™ of BDT311.68 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 35 Tobacco Products companies, British American Tobacco Bangladesh Co ranks worse than 51.43% on this metric.

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

British American Tobacco Bangladesh Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was BDT20,103 Mil. British American Tobacco Bangladesh Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was BDT3,704 Mil. British American Tobacco Bangladesh Co's annualized EBITDA for the quarter that ended in Mar. 2026 was BDT25,637 Mil. British American Tobacco Bangladesh Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.93.

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 British American Tobacco Bangladesh Co's Debt-to-EBITDA or its related term are showing as below:

DHA:BATBC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.08   Med: 0.19   Max: 1.37
Current: 1.37

During the past 11 years, the highest Debt-to-EBITDA Ratio of British American Tobacco Bangladesh Co was 1.37. The lowest was 0.08. And the median was 0.19.

DHA:BATBC's Debt-to-EBITDA is ranked worse than
51.43% of 35 companies
in the Tobacco Products industry
Industry Median: 1.37 vs DHA:BATBC: 1.37

British American Tobacco Bangladesh Co  (DHA:BATBC) 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.


British American Tobacco Bangladesh Co Debt-to-EBITDA Related Terms


British American Tobacco Bangladesh Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for British American Tobacco Bangladesh Co'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.

British American Tobacco Bangladesh Co Debt-to-EBITDA Chart

British American Tobacco Bangladesh Co 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 0.24 0.09 0.21 0.27 0.93

British American Tobacco Bangladesh Co 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 0.76 0.79 0.95 -9.09 0.93

DHA:BATBC vs PM, MO, TPB: Debt-to-EBITDA Comparison

For the Tobacco subindustry, British American Tobacco Bangladesh Co'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.


British American Tobacco Bangladesh Co Debt-to-EBITDA vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, British American Tobacco Bangladesh Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where British American Tobacco Bangladesh Co's Debt-to-EBITDA falls into.


DHA:BATBC
85GF Score
British American Tobacco Bangladesh Co Ltd DHA:BATBC
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

British American Tobacco Bangladesh Co Debt-to-EBITDA Calculation

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

British American Tobacco Bangladesh Co'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
=(11236.029 + 3655.699) / 16051.509
=0.93

British American Tobacco Bangladesh Co'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
=(20102.554 + 3703.769) / 25636.504
=0.93

* 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 0.93 mean?
British American Tobacco Bangladesh Co (DHA:BATBC) has a Debt-to-EBITDA of 0.93 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 British American Tobacco Bangladesh Co. This is 389% above median its historical median of 0.19. Over the past decade, British American Tobacco Bangladesh Co's Debt-to-EBITDA has ranged from 0.08 to 1.37. According to the industry distribution chart, British American Tobacco Bangladesh Co ranks #18 out of 35 companies in the Tobacco Products industry, placing it in the top 51.4%.
Is British American Tobacco Bangladesh Co's Debt-to-EBITDA too high?
British American Tobacco Bangladesh Co's current Debt-to-EBITDA of 0.93 is 389% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.37. The Tobacco Products industry median Debt-to-EBITDA is 1.37. British American Tobacco Bangladesh Co's value of 0.93 is 32.1% below this industry median. Based on the distribution chart, British American Tobacco Bangladesh Co ranks #18 out of 35 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, British American Tobacco Bangladesh Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does British American Tobacco Bangladesh Co's Debt-to-EBITDA compare to PM and MO?
According to the Tobacco Products industry distribution chart, British American Tobacco Bangladesh Co ranks #18 out of 35 companies for Debt-to-EBITDA. This places British American Tobacco Bangladesh Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.37. British American Tobacco Bangladesh Co's value of 0.93 is 32.1% below this benchmark. Historically, British American Tobacco Bangladesh Co's own Debt-to-EBITDA has ranged from 0.08 to 1.37 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 1.37, British American Tobacco Bangladesh Co 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 a Tobacco Products company?
The median Debt-to-EBITDA among Tobacco Products companies is 1.37, based on 35 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. British American Tobacco Bangladesh Co's current Debt-to-EBITDA of 0.93 is 32.1% 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 British American Tobacco Bangladesh Co. For the Tobacco Products industry, the median Debt-to-EBITDA is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. British American Tobacco Bangladesh Co's current Debt-to-EBITDA is 0.93, which is 389% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is British American Tobacco Bangladesh Co stock overvalued right now?
Based on GuruFocus' analysis, British American Tobacco Bangladesh Co (DHA:BATBC) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT311.68, compared to a current price of BDT228.10 — trading 26.8% below its estimated fair value. The current Debt-to-EBITDA is 0.93, which is 389% above median its 10-year median of 0.19 and 32.1% below the Tobacco Products industry median of 1.37. British American Tobacco Bangladesh Co's overall GF Score™ is 85/100 with 9 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 British American Tobacco Bangladesh Co (DHA:BATBC), the current Debt-to-EBITDA is 0.93 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 British American Tobacco Bangladesh Co (DHA:BATBC) Overvalued in 2026?

Based on GuruFocus' analysis, British American Tobacco Bangladesh Co stock appears to be undervalued. The current stock price of BDT228.10 is trading 26.8% below its estimated GF Value™ of BDT311.68. GuruFocus considers British American Tobacco Bangladesh Co to be Modestly Undervalued.

Key valuation signals for DHA:BATBC:

  • Debt-to-EBITDA: 0.93 (389% above median its 10-year median of 0.19)
  • GF Value™: BDT311.68 vs. price of BDT228.10 (26.8% below fair value)
  • GF Score™: 85/100 with 9 warning signs
  • Industry Position: 32.1% below the Tobacco Products median (#18 of 35)

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


British American Tobacco Bangladesh Co Business Description

Address Balibhadra Bazar, Dehora, Dhamsona, Ashulia, Dhaka, BGD, 1349
British American Tobacco Bangladesh Co Ltd is engaged in the manufacturing and marketing of cigarettes in Bangladesh. It manufactures and markets brands including Benson & Hedges, John Player Gold Leaf, John Player Series, Capstan, Lucky Strike, Star, Royals, Derby, Pilot, and Hollywood.
85GF Score

Get the complete analysis for DHA:BATBC

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

BDT228.10
Price
BDT311.68
GF Value