Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
BOC KenyaNAI:BOC +0.52%68 Debt-to-EBITDA is 0.02 as of Dec. 2025, which is 33% below its 10-year median of 0.03. GuruFocus rates NAI:BOC with a GF Score™ of 68/100 and a GF Value™ of KES90.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,256 Chemicals companies, BOC Kenya ranks better than 97.61% 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 BOC Kenya's Debt-to-EBITDA or its related term are showing as below:
NAI:BOC'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.2
Current: 0.02
During the past 13 years, the highest Debt-to-EBITDA Ratio of BOC Kenya was 0.20. The lowest was 0.02. And the median was 0.03.
NAI:BOC's Debt-to-EBITDA is ranked better than 97.61% of 1256
companies
in the Chemicals industry
Industry Median: 1.965
vs NAI:BOC: 0.02
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.
BOC Kenya Debt-to-EBITDA Related Terms
BOC Kenya Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for BOC Kenya'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.
For the Chemicals subindustry, BOC Kenya'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.
BOC Kenya Debt-to-EBITDA vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, BOC Kenya's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where BOC Kenya'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 (Dec. 2025) EBITDA data.
BOC Kenya (NAI:BOC) has a Debt-to-EBITDA of 0.02 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 BOC Kenya. This is 33% below median its historical median of 0.03. Over the past decade, BOC Kenya's Debt-to-EBITDA has ranged from 0.02 to 0.20. According to the industry distribution chart, BOC Kenya ranks #30 out of 1256 companies in the Chemicals industry, placing it in the top 2.4%.
Is BOC Kenya's Debt-to-EBITDA too high?
BOC Kenya's current Debt-to-EBITDA of 0.02 is 33% below median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.20. The Chemicals industry median Debt-to-EBITDA is 1.97. BOC Kenya's value of 0.02 is 99% below this industry median. Based on the distribution chart, BOC Kenya ranks #30 out of 1256 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, BOC Kenya has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BOC Kenya's Debt-to-EBITDA compare to DOW?
According to the Chemicals industry distribution chart, BOC Kenya ranks #30 out of 1256 companies for Debt-to-EBITDA. This places BOC Kenya in the top 2% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.97. BOC Kenya's value of 0.02 is 99% below this benchmark. Historically, BOC Kenya's own Debt-to-EBITDA has ranged from 0.02 to 0.20 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 1.97, BOC Kenya 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 Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 1.97, based on 1,256 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. BOC Kenya's current Debt-to-EBITDA of 0.02 is 99% 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 BOC Kenya. For the Chemicals industry, the median Debt-to-EBITDA is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BOC Kenya's current Debt-to-EBITDA is 0.02, which is 33% below median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOC Kenya stock overvalued right now?
Based on GuruFocus' analysis, BOC Kenya (NAI:BOC) is currently considered Significantly Overvalued. The stock's GF Value™ is KES90.46, compared to a current price of KES192.00 — trading 112.2% above its estimated fair value. The current Debt-to-EBITDA is 0.02, which is 33% below median its 10-year median of 0.03 and 99% below the Chemicals industry median of 1.97. BOC Kenya's overall GF Score™ is 68/100 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 BOC Kenya (NAI:BOC), the current Debt-to-EBITDA is 0.02 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 BOC Kenya (NAI:BOC) Overvalued in 2026?
Based on GuruFocus' analysis, BOC Kenya stock appears to be overvalued.
The current stock price of KES192.00 is trading 112.2% above its estimated GF Value™ of KES90.46.
GuruFocus considers BOC Kenya to be Significantly Overvalued.
Key valuation signals for NAI:BOC:
Debt-to-EBITDA: 0.02 (33% below median its 10-year median of 0.03)
GF Value™: KES90.46 vs. price of KES192.00 (112.2% above fair value)
Industry Position: 99% below the Chemicals median (#30 of 1256)
No single metric tells the full story. See the NAI:BOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BOC Kenya PLC is involved in the manufacture and sale of industrial and medical gases and welding products. Its product range consists of Bulk gases, Packaged gases, and Engineering services. Bulk gases include liquid oxygen and liquid nitrogen. Packaged gases comprise medical gases, industrial gases, special gas mixtures, and liquefied petroleum gas. The engineering services include supplies of medical equipment, construction of medical and other gas pipelines, liquefied petroleum gas installations, tanks and pipelines, industrial gas storage and pipeline installations, and related maintenance services. The company generates the majority of its revenue from the sale of medical and industrial gases.
68GF Score
Get the complete analysis for NAI:BOC
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NAI:BOC has been successfully added to your 
