Hoa Binh Construction Group JSC (HSTC:HBC) Debt-to-EBITDA : 6.03 (As of Mar. 2026) — 119% Above Median

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HSTC:HBC Hoa Binh Construction Group JSC HSTC:HBC
35 GF Score
Price ₫4,300.00
! 5 Warning Signs
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What is Hoa Binh Construction Group JSC Debt-to-EBITDA?

Hoa Binh Construction Group JSC HSTC:HBC 35 Debt-to-EBITDA is 6.03 as of Mar. 2026, which is 119% above its 10-year median of 2.75. GuruFocus rates HSTC:HBC with a GF Score™ of 35/100. The stock has 5 warning signs investors should review. Among 1,407 Construction companies, Hoa Binh Construction Group JSC ranks worse than 72.42% on this metric.

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

Hoa Binh Construction Group JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₫3,980,729 Mil. Hoa Binh Construction Group JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₫46,449 Mil. Hoa Binh Construction Group JSC's annualized EBITDA for the quarter that ended in Mar. 2026 was ₫667,585 Mil. Hoa Binh Construction Group JSC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 6.03.

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 Hoa Binh Construction Group JSC's Debt-to-EBITDA or its related term are showing as below:

HSTC:HBC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.79   Med: 2.75   Max: 4.55
Current: 4.55

During the past 3 years, the highest Debt-to-EBITDA Ratio of Hoa Binh Construction Group JSC was 4.55. The lowest was -16.79. And the median was 2.75.

HSTC:HBC's Debt-to-EBITDA is ranked worse than
72.42% of 1407 companies
in the Construction industry
Industry Median: 2.14 vs HSTC:HBC: 4.55

Hoa Binh Construction Group JSC  (HSTC:HBC) 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.


Hoa Binh Construction Group JSC Debt-to-EBITDA Related Terms


Hoa Binh Construction Group JSC Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Hoa Binh Construction Group JSC'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.

Hoa Binh Construction Group JSC Debt-to-EBITDA Chart

Hoa Binh Construction Group JSC Annual Data
Trend Dec23 Dec24 Dec25
Debt-to-EBITDA
-16.79 2.75 4.54

Hoa Binh Construction Group JSC Quarterly Data
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 6.97 5.10 2.60 7.77 6.03

HSTC:HBC vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, Hoa Binh Construction Group JSC'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.


Hoa Binh Construction Group JSC Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Hoa Binh Construction Group JSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hoa Binh Construction Group JSC's Debt-to-EBITDA falls into.


HSTC:HBC
35GF Score
Hoa Binh Construction Group JSC HSTC:HBC
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoa Binh Construction Group JSC Debt-to-EBITDA Calculation

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

Hoa Binh Construction Group JSC'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
=(3939868.079 + 48231.302) / 877893.193
=4.54

Hoa Binh Construction Group JSC'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
=(3980728.617 + 46448.572) / 667584.86
=6.03

* 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 6.03 mean?
Hoa Binh Construction Group JSC (HSTC:HBC) has a Debt-to-EBITDA of 6.03 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 Hoa Binh Construction Group JSC. This is 119% above median its historical median of 2.75. According to the industry distribution chart, Hoa Binh Construction Group JSC ranks #1019 out of 1407 companies in the Construction industry, placing it in the top 72.4%.
Is Hoa Binh Construction Group JSC's Debt-to-EBITDA too high?
Hoa Binh Construction Group JSC's current Debt-to-EBITDA of 6.03 is 119% above median its 10-year median of 2.75. The Construction industry median Debt-to-EBITDA is 2.14. Hoa Binh Construction Group JSC's value of 6.03 is 181.8% above this industry median. Based on the distribution chart, Hoa Binh Construction Group JSC ranks #1019 out of 1407 companies in the Construction industry, which is below the industry midpoint. Overall, Hoa Binh Construction Group JSC has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Hoa Binh Construction Group JSC's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Hoa Binh Construction Group JSC ranks #1019 out of 1407 companies for Debt-to-EBITDA. This places Hoa Binh Construction Group JSC in the lower half of its industry. The industry median Debt-to-EBITDA is 2.14. Hoa Binh Construction Group JSC's value of 6.03 is 181.8% above this benchmark. While the company's 10-year median is 2.75 vs. the industry median of 2.14, Hoa Binh Construction Group JSC 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.14, based on 1,407 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. Hoa Binh Construction Group JSC's current Debt-to-EBITDA of 6.03 is 181.8% 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 Hoa Binh Construction Group JSC. For the Construction industry, the median Debt-to-EBITDA is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoa Binh Construction Group JSC's current Debt-to-EBITDA is 6.03, which is 119% above median its own 10-year median of 2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoa Binh Construction Group JSC stock overvalued right now?
Hoa Binh Construction Group JSC (HSTC:HBC) has a current Debt-to-EBITDA of 6.03. The current Debt-to-EBITDA is 6.03, which is 119% above median its 10-year median of 2.75 and 181.8% above the Construction industry median of 2.14. Hoa Binh Construction Group JSC's overall GF Score™ is 35/100 with 5 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 Hoa Binh Construction Group JSC (HSTC:HBC), the current Debt-to-EBITDA is 6.03 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.

Hoa Binh Construction Group JSC Business Description

Address 123 Nguyen Dinh Chieu Street, Pax Sky Building, Ward 7 District 3, Ho Chi Minh, VNM
Hoa Binh Construction Group JSC is engaged in civil and industrial construction, land leveling, construction consulting, manufacturing and trading of construction materials and interior decoration items; house repair and interior decoration services; real estate business; and industrial zone development for leasing.
35GF Score

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

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