Kwong Man Kee Group (HKSE:08023) Debt-to-EBITDA : 0.75 (As of Mar. 2026) — Near Median

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HKSE:08023 Kwong Man Kee Group Ltd HKSE:08023
66 GF Score
Price HK$0.33
GF Value HK$0.35
Valuation Fairly Valued
! 4 Warning Signs
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What is Kwong Man Kee Group Debt-to-EBITDA?

Kwong Man Kee Group HKSE:08023 -3.23% 66 Debt-to-EBITDA is 0.75 as of Mar. 2026, which is 9% above its 10-year median of 0.69. GuruFocus rates HKSE:08023 with a GF Score™ of 66/100 and a GF Value™ of HK$0.35 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,403 Construction companies, Kwong Man Kee Group ranks better than 72.34% on this metric.

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

Kwong Man Kee Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was HK$15.2 Mil. Kwong Man Kee Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was HK$0.3 Mil. Kwong Man Kee Group's annualized EBITDA for the quarter that ended in Mar. 2026 was HK$20.7 Mil. Kwong Man Kee Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.75.

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 Kwong Man Kee Group's Debt-to-EBITDA or its related term are showing as below:

HKSE:08023' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.45   Med: 0.69   Max: 1.32
Current: 0.81

During the past 12 years, the highest Debt-to-EBITDA Ratio of Kwong Man Kee Group was 1.32. The lowest was 0.45. And the median was 0.69.

HKSE:08023's Debt-to-EBITDA is ranked better than
72.34% of 1403 companies
in the Construction industry
Industry Median: 2.1 vs HKSE:08023: 0.81

Kwong Man Kee Group  (HKSE:08023) 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.


Kwong Man Kee Group Debt-to-EBITDA Related Terms


Kwong Man Kee Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Kwong Man Kee Group'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.

Kwong Man Kee Group Debt-to-EBITDA Chart

Kwong Man Kee Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 0.51 0.69 0.56 0.66

Kwong Man Kee Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.68 0.98 1.07 1.52 0.75

HKSE:08023 vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, Kwong Man Kee Group'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.


Kwong Man Kee Group Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Kwong Man Kee Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kwong Man Kee Group's Debt-to-EBITDA falls into.


HKSE:08023
66GF Score
Kwong Man Kee Group Ltd HKSE:08023
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kwong Man Kee Group Debt-to-EBITDA Calculation

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

Kwong Man Kee Group's Debt-to-EBITDA for the fiscal year 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
=(15.237 + 0.301) / 23.577
=0.66

Kwong Man Kee Group'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
=(15.237 + 0.301) / 20.71
=0.75

* 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 two times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.75 mean?
Kwong Man Kee Group (HKSE:08023) has a Debt-to-EBITDA of 0.75 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 Kwong Man Kee Group. This is near median its historical median of 0.69. Over the past decade, Kwong Man Kee Group's Debt-to-EBITDA has ranged from 0.45 to 1.32. According to the industry distribution chart, Kwong Man Kee Group ranks #388 out of 1403 companies in the Construction industry, placing it in the top 27.7%.
Is Kwong Man Kee Group's Debt-to-EBITDA too high?
Kwong Man Kee Group's current Debt-to-EBITDA of 0.75 is near median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.32. The Construction industry median Debt-to-EBITDA is 2.10. Kwong Man Kee Group's value of 0.75 is 64.3% below this industry median. Based on the distribution chart, Kwong Man Kee Group ranks #388 out of 1403 companies in the Construction industry, which is above the industry midpoint. Overall, Kwong Man Kee Group has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kwong Man Kee Group's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Kwong Man Kee Group ranks #388 out of 1403 companies for Debt-to-EBITDA. This puts Kwong Man Kee Group in the upper half of its industry. The industry median Debt-to-EBITDA is 2.10. Kwong Man Kee Group's value of 0.75 is 64.3% below this benchmark. Historically, Kwong Man Kee Group's own Debt-to-EBITDA has ranged from 0.45 to 1.32 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 2.10, Kwong Man Kee Group 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.10, based on 1,403 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. Kwong Man Kee Group's current Debt-to-EBITDA of 0.75 is 64.3% 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 Kwong Man Kee Group. For the Construction industry, the median Debt-to-EBITDA is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kwong Man Kee Group's current Debt-to-EBITDA is 0.75, which is near median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kwong Man Kee Group stock overvalued right now?
Based on GuruFocus' analysis, Kwong Man Kee Group (HKSE:08023) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.35, compared to a current price of HK$0.33 — trading 5.7% below its estimated fair value. The current Debt-to-EBITDA is 0.75, which is near median its 10-year median of 0.69 and 64.3% below the Construction industry median of 2.10. Kwong Man Kee Group's overall GF Score™ is 66/100 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 Kwong Man Kee Group (HKSE:08023), the current Debt-to-EBITDA is 0.75 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 Kwong Man Kee Group (HKSE:08023) Overvalued in 2026?

Based on GuruFocus' analysis, Kwong Man Kee Group stock appears to be undervalued. The current stock price of HK$0.33 is trading 5.7% below its estimated GF Value™ of HK$0.35. GuruFocus considers Kwong Man Kee Group to be Fairly Valued.

Key valuation signals for HKSE:08023:

  • Debt-to-EBITDA: 0.75 (near median its 10-year median of 0.69)
  • GF Value™: HK$0.35 vs. price of HK$0.33 (5.7% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 64.3% below the Construction median (#388 of 1403)

No single metric tells the full story. See the HKSE:08023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kwong Man Kee Group Business Description

Address 91-93 Bedford Road, 21st Floor, The Bedford, Kowloon, Hong Kong, HKG
Kwong Man Kee Group Ltd provides engineering services to the car park flooring industry. Its services include flooring services, including the application of proprietary floor coating products for providing a colorful, slip-resistance, and a hard-wearing surface that is resistant against water and petrochemicals; and ancillary services which include specialised texture painting and waterproofing works; and sales of flooring and waterproofing materials. The company's reportable segment are Flooring, which generates maximum revenue, Ancillary services, and Sales of materials.
66GF Score

Get the complete analysis for HKSE:08023

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

HK$0.33
Price
HK$0.35
GF Value