KBDCF (Kingboard Holdings) Debt-to-EBITDA : 3.95 (As of Dec. 2025) — 75% Above Median


KBDCF Kingboard Holdings Ltd KBDCF
59 GF Score
Price $15.50
GF Value $5.39
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kingboard Holdings Debt-to-EBITDA?

Kingboard Holdings KBDCF 59 Debt-to-EBITDA is 3.95 as of Dec. 2025, which is 75% above its 10-year median of 2.26. GuruFocus rates KBDCF with a GF Score™ of 59/100 and a GF Value™ of $5.39 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 459 Conglomerates companies, Kingboard Holdings ranks worse than 57.95% on this metric.

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

Kingboard Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $1,556 Mil. Kingboard Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $1,374 Mil. Kingboard Holdings's annualized EBITDA for the quarter that ended in Dec. 2025 was $741 Mil. Kingboard Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 3.95.

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 Kingboard Holdings's Debt-to-EBITDA or its related term are showing as below:

KBDCF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.04   Med: 2.26   Max: 3.89
Current: 3.5

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kingboard Holdings was 3.89. The lowest was 1.04. And the median was 2.26.

KBDCF's Debt-to-EBITDA is ranked worse than
57.95% of 459 companies
in the Conglomerates industry
Industry Median: 2.76 vs KBDCF: 3.50

Kingboard Holdings  (OTCPK:KBDCF) 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.


Kingboard Holdings Debt-to-EBITDA Related Terms


Kingboard Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Kingboard Holdings'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.

Kingboard Holdings Debt-to-EBITDA Chart

Kingboard Holdings 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 1.04 2.15 3.89 3.72 2.57

Kingboard Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 7.19 4.21 10.01 3.44 3.95

KBDCF vs HON, MMM: Debt-to-EBITDA Comparison

For the Conglomerates subindustry, Kingboard Holdings'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.


Kingboard Holdings Debt-to-EBITDA vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kingboard Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kingboard Holdings's Debt-to-EBITDA falls into.


KBDCF
59GF Score
Kingboard Holdings Ltd KBDCF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kingboard Holdings Debt-to-EBITDA Calculation

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

Kingboard Holdings'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
=(1556.206 + 1373.965) / 1142.377
=2.56

Kingboard Holdings's annualized Debt-to-EBITDA for the quarter 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
=(1556.206 + 1373.965) / 740.984
=3.95

* 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 (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.95 mean?
Kingboard Holdings (KBDCF) has a Debt-to-EBITDA of 3.95 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Kingboard Holdings. This is 75% above median its historical median of 2.26. Over the past decade, Kingboard Holdings' Debt-to-EBITDA has ranged from 1.04 to 3.89. According to the industry distribution chart, Kingboard Holdings ranks #266 out of 459 companies in the Conglomerates industry, placing it in the top 58%.
Is Kingboard Holdings' Debt-to-EBITDA too high?
Kingboard Holdings' current Debt-to-EBITDA of 3.95 is 75% above median its 10-year median of 2.26. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 3.89. The Conglomerates industry median Debt-to-EBITDA is 2.76. Kingboard Holdings' value of 3.95 is 43.1% above this industry median. Based on the distribution chart, Kingboard Holdings ranks #266 out of 459 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Kingboard Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kingboard Holdings' Debt-to-EBITDA compare to HON and MMM?
According to the Conglomerates industry distribution chart, Kingboard Holdings ranks #266 out of 459 companies for Debt-to-EBITDA. This places Kingboard Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.76. Kingboard Holdings' value of 3.95 is 43.1% above this benchmark. Historically, Kingboard Holdings' own Debt-to-EBITDA has ranged from 1.04 to 3.89 over the past decade. While the company's 10-year median is 2.26 vs. the industry median of 2.76, Kingboard Holdings 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 Conglomerates company?
The median Debt-to-EBITDA among Conglomerates companies is 2.76, based on 459 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. Kingboard Holdings's current Debt-to-EBITDA of 3.95 is 43.1% 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 Kingboard Holdings. For the Conglomerates industry, the median Debt-to-EBITDA is 2.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingboard Holdings's current Debt-to-EBITDA is 3.95, which is 75% above median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingboard Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kingboard Holdings (KBDCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.39, compared to a current price of $15.50 — trading 187.6% above its estimated fair value. The current Debt-to-EBITDA is 3.95, which is 75% above median its 10-year median of 2.26 and 43.1% above the Conglomerates industry median of 2.76. Kingboard Holdings' overall GF Score™ is 59/100 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 Kingboard Holdings (KBDCF), the current Debt-to-EBITDA is 3.95 as of Dec. 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 Kingboard Holdings (KBDCF) Overvalued in 2026?

Based on GuruFocus' analysis, Kingboard Holdings stock appears to be overvalued. The current stock price of $15.50 is trading 187.6% above its estimated GF Value™ of $5.39. GuruFocus considers Kingboard Holdings to be Significantly Overvalued.

Key valuation signals for KBDCF:

  • Debt-to-EBITDA: 3.95 (75% above median its 10-year median of 2.26)
  • GF Value™: $5.39 vs. price of $15.50 (187.6% above fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 43.1% above the Conglomerates median (#266 of 459)

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


Kingboard Holdings Business Description

Address 3 On Yiu Street, 23rd Floor, Delta House, Shek Mun, Shatin, N.T, Hong Kong, HKG
Kingboard Holdings Ltd is an investment holding company in China. It operates in six segments: laminates, printed circuit boards, chemicals, properties, investments, and others, including service income, manufacture, and sale of magnetic products, and hotel business. The company's products include Tar, coke, methanol, benzene, acetic acid, glass epoxy laminate, paper laminate, single and double-sided printed circuit boards, and others. Geographically, it has operations in China, Thailand, Japan, Korea, Singapore, Europe, America, and Africa, out of which China accounts for the majority of the revenue.
59GF Score

Get the complete analysis for KBDCF

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

$15.50
Price
$5.39
GF Value