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Western Marine ShipyardDHA:WMSHIPYARD -0.98%79 Debt-to-EBITDA is 29.85 as of Jun. 2025, which is 58% above its 10-year median of 18.90. GuruFocus rates DHA:WMSHIPYARD with a GF Score™ of 79/100 and a GF Value™ of BDT13.08 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 255 Aerospace & Defense companies, Western Marine Shipyard ranks worse than 99.22% 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 Western Marine Shipyard's Debt-to-EBITDA or its related term are showing as below:
DHA:WMSHIPYARD'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 8.01 Med: 18.9 Max: 29.85
Current: 29.85
During the past 11 years, the highest Debt-to-EBITDA Ratio of Western Marine Shipyard was 29.85. The lowest was 8.01. And the median was 18.90.
DHA:WMSHIPYARD's Debt-to-EBITDA is ranked worse than 99.22% of 255
companies
in the Aerospace & Defense industry
Industry Median: 1.77
vs DHA:WMSHIPYARD: 29.85
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.
Western Marine Shipyard Debt-to-EBITDA Related Terms
Western Marine Shipyard Debt-to-EBITDA Historical Data
* 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.
DHA:WMSHIPYARD vs SPCX, GE, RTX: Debt-to-EBITDA Comparison
For the Aerospace & Defense subindustry, Western Marine Shipyard'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.
Western Marine Shipyard Debt-to-EBITDA vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Western Marine Shipyard's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Western Marine Shipyard'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 one times the quarterly (Jun. 2025) EBITDA data.
Western Marine Shipyard (DHA:WMSHIPYARD) has a Debt-to-EBITDA of 29.85 as of Jun. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Western Marine Shipyard. This is 58% above median its historical median of 18.90. Over the past decade, Western Marine Shipyard's Debt-to-EBITDA has ranged from 8.01 to 29.85. According to the industry distribution chart, Western Marine Shipyard ranks #253 out of 255 companies in the Aerospace & Defense industry, placing it in the top 99.2%.
Is Western Marine Shipyard's Debt-to-EBITDA too high?
Western Marine Shipyard's current Debt-to-EBITDA of 29.85 is 58% above median its 10-year median of 18.90. Over the past 10 years, this metric has ranged from a low of 8.01 to a high of 29.85. The Aerospace & Defense industry median Debt-to-EBITDA is 1.77. Western Marine Shipyard's value of 29.85 is 1586.4% above this industry median. Based on the distribution chart, Western Marine Shipyard ranks #253 out of 255 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Western Marine Shipyard has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Marine Shipyard's Debt-to-EBITDA compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Western Marine Shipyard ranks #253 out of 255 companies for Debt-to-EBITDA. This places Western Marine Shipyard in the lower half of its industry. The industry median Debt-to-EBITDA is 1.77. Western Marine Shipyard's value of 29.85 is 1586.4% above this benchmark. Historically, Western Marine Shipyard's own Debt-to-EBITDA has ranged from 8.01 to 29.85 over the past decade. While the company's 10-year median is 18.90 vs. the industry median of 1.77, Western Marine Shipyard 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 Aerospace & Defense company?
The median Debt-to-EBITDA among Aerospace & Defense companies is 1.77, based on 255 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. Western Marine Shipyard's current Debt-to-EBITDA of 29.85 is 1586.4% 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 Western Marine Shipyard. For the Aerospace & Defense industry, the median Debt-to-EBITDA is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Marine Shipyard's current Debt-to-EBITDA is 29.85, which is 58% above median its own 10-year median of 18.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Marine Shipyard stock overvalued right now?
Based on GuruFocus' analysis, Western Marine Shipyard (DHA:WMSHIPYARD) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT13.08, compared to a current price of BDT10.10 — trading 22.8% below its estimated fair value. The current Debt-to-EBITDA is 29.85, which is 58% above median its 10-year median of 18.90 and 1586.4% above the Aerospace & Defense industry median of 1.77. Western Marine Shipyard's overall GF Score™ is 79/100 with 8 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 Western Marine Shipyard (DHA:WMSHIPYARD), the current Debt-to-EBITDA is 29.85 as of Jun. 2025. 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 Western Marine Shipyard (DHA:WMSHIPYARD) Overvalued in 2026?
Based on GuruFocus' analysis, Western Marine Shipyard stock appears to be undervalued.
The current stock price of BDT10.10 is trading 22.8% below its estimated GF Value™ of BDT13.08.
GuruFocus considers Western Marine Shipyard to be Modestly Undervalued.
Key valuation signals for DHA:WMSHIPYARD:
Debt-to-EBITDA: 29.85 (58% above median its 10-year median of 18.90)
GF Value™: BDT13.08 vs. price of BDT10.10 (22.8% below fair value)
Industry Position: 1586.4% above the Aerospace & Defense median (#253 of 255)
No single metric tells the full story. See the DHA:WMSHIPYARD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Marine Shipyard Ltd is a public limited company engaged in shipbuilding and related marine engineering activities and operates as an export-oriented shipyard in Bangladesh. The Company specializes in the construction of various vessels, including multi-purpose cargo ships, inland container vessels, inland tankers, passenger ships, Ro-Ro ferries, port utility vessels, tugs, offshore petroleum vessels, fishing trawlers, barges, dredgers, and landing crafts. Its activities mainly comprise new shipbuilding for domestic use and for export markets, supported by in-house ship design facilities and shipyard operations. The Company operates in Bangladesh and has exported vessels to countries such as Germany, Norway, Ecuador, New Zealand, and Kenya, as well as serving domestic clients.
79GF Score
Get the complete analysis for DHA:WMSHIPYARD
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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