Engro Polymer & Chemicals (KAR:EPCL) Debt-to-EBITDA : 4.53 (As of Mar. 2026) — 125% Above Median

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KAR:EPCL Engro Polymer & Chemicals Ltd KAR:EPCL
56 GF Score
Price ₨34.14
GF Value ₨46.19
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Engro Polymer & Chemicals Debt-to-EBITDA?

Engro Polymer & Chemicals KAR:EPCL +1.10% 56 Debt-to-EBITDA is 4.53 as of Mar. 2026, which is 125% above its 10-year median of 2.01. GuruFocus rates KAR:EPCL with a GF Score™ of 56/100 and a GF Value™ of ₨46.19 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 1,233 Chemicals companies, Engro Polymer & Chemicals ranks worse than 85.89% on this metric.

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

Engro Polymer & Chemicals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₨3,953 Mil. Engro Polymer & Chemicals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₨51,782 Mil. Engro Polymer & Chemicals's annualized EBITDA for the quarter that ended in Mar. 2026 was ₨12,308 Mil. Engro Polymer & Chemicals's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 4.53.

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 Engro Polymer & Chemicals's Debt-to-EBITDA or its related term are showing as below:

KAR:EPCL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.94   Med: 2.01   Max: 10.84
Current: 8.26

During the past 13 years, the highest Debt-to-EBITDA Ratio of Engro Polymer & Chemicals was 10.84. The lowest was 0.94. And the median was 2.01.

KAR:EPCL's Debt-to-EBITDA is ranked worse than
85.89% of 1233 companies
in the Chemicals industry
Industry Median: 2.16 vs KAR:EPCL: 8.26

Engro Polymer & Chemicals  (KAR:EPCL) 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.


Engro Polymer & Chemicals Debt-to-EBITDA Related Terms


Engro Polymer & Chemicals Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Engro Polymer & Chemicals'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.

Engro Polymer & Chemicals Debt-to-EBITDA Chart

Engro Polymer & Chemicals 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 1.08 1.31 1.65 7.30 10.84

Engro Polymer & Chemicals 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 7.90 -492.25 4.73 10.51 4.53

KAR:EPCL vs LIN, SHW, ECL: Debt-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Engro Polymer & Chemicals'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.


Engro Polymer & Chemicals Debt-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Engro Polymer & Chemicals's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Engro Polymer & Chemicals's Debt-to-EBITDA falls into.


KAR:EPCL
56GF Score
Engro Polymer & Chemicals Ltd KAR:EPCL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Engro Polymer & Chemicals Debt-to-EBITDA Calculation

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

Engro Polymer & Chemicals'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
=(2881.466 + 53512.449) / 5200.846
=10.84

Engro Polymer & Chemicals'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
=(3952.577 + 51782.476) / 12308.076
=4.53

* 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 4.53 mean?
Engro Polymer & Chemicals (KAR:EPCL) has a Debt-to-EBITDA of 4.53 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 Engro Polymer & Chemicals. This is 125% above median its historical median of 2.01. Over the past decade, Engro Polymer & Chemicals' Debt-to-EBITDA has ranged from 0.94 to 10.84. According to the industry distribution chart, Engro Polymer & Chemicals ranks #1059 out of 1233 companies in the Chemicals industry, placing it in the top 85.9%.
Is Engro Polymer & Chemicals' Debt-to-EBITDA too high?
Engro Polymer & Chemicals' current Debt-to-EBITDA of 4.53 is 125% above median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 10.84. The Chemicals industry median Debt-to-EBITDA is 2.16. Engro Polymer & Chemicals' value of 4.53 is 109.7% above this industry median. Based on the distribution chart, Engro Polymer & Chemicals ranks #1059 out of 1233 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Engro Polymer & Chemicals has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Engro Polymer & Chemicals' Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Engro Polymer & Chemicals ranks #1059 out of 1233 companies for Debt-to-EBITDA. This places Engro Polymer & Chemicals in the lower half of its industry. The industry median Debt-to-EBITDA is 2.16. Engro Polymer & Chemicals' value of 4.53 is 109.7% above this benchmark. Historically, Engro Polymer & Chemicals' own Debt-to-EBITDA has ranged from 0.94 to 10.84 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 2.16, Engro Polymer & Chemicals 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 Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 2.16, based on 1,233 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. Engro Polymer & Chemicals's current Debt-to-EBITDA of 4.53 is 109.7% 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 Engro Polymer & Chemicals. For the Chemicals industry, the median Debt-to-EBITDA is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Engro Polymer & Chemicals's current Debt-to-EBITDA is 4.53, which is 125% above median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Engro Polymer & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Engro Polymer & Chemicals (KAR:EPCL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨46.19, compared to a current price of ₨34.14 — trading 26.1% below its estimated fair value. The current Debt-to-EBITDA is 4.53, which is 125% above median its 10-year median of 2.01 and 109.7% above the Chemicals industry median of 2.16. Engro Polymer & Chemicals' overall GF Score™ is 56/100 with 10 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 Engro Polymer & Chemicals (KAR:EPCL), the current Debt-to-EBITDA is 4.53 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 Engro Polymer & Chemicals (KAR:EPCL) Overvalued in 2026?

Based on GuruFocus' analysis, Engro Polymer & Chemicals stock appears to be undervalued. The current stock price of ₨34.14 is trading 26.1% below its estimated GF Value™ of ₨46.19. GuruFocus considers Engro Polymer & Chemicals to be Modestly Undervalued.

Key valuation signals for KAR:EPCL:

  • Debt-to-EBITDA: 4.53 (125% above median its 10-year median of 2.01)
  • GF Value™: ₨46.19 vs. price of ₨34.14 (26.1% below fair value)
  • GF Score™: 56/100 with 10 warning signs
  • Industry Position: 109.7% above the Chemicals median (#1059 of 1233)

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


Engro Polymer & Chemicals Business Description

Other Exchanges EPCLPS.PFD:Pakistan
Address Marine Drive, 8th Floor, The Harbour Front Building, HC No 3, Marine Drive, Block 4, Clifton, Karachi, SD, PAK, 75600
Engro Polymer & Chemicals Ltd is mainly engaged in the production and distribution of chlor-vinyl products, including Polyvinyl Chloride (PVC), caustic soda, hydrogen peroxide, and other industrial chemicals such as hydrochloric acid and sodium hypochlorite. The Company operates through multiple segments, with the Poly Vinyl Chloride (PVC) segment generating the highest revenue by supplying products to industries such as pipes, footwear, and packaging across Pakistan and exporting mainly to Asia. Its Caustic Soda and Allied Chemicals segment serves textile and soap industries, while the Hydrogen Peroxide segment mainly caters to the textile sector, and the Power Supplies segment supplies surplus power generated from its power plants.
56GF Score

Get the complete analysis for KAR:EPCL

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

₨34.14
Price
₨46.19
GF Value