Pal HoldingsPHS:PAL -1.12%52 Debt-to-EBITDA is 2.12 as of Mar. 2026, which is 31% below its 10-year median of 3.08. GuruFocus rates PHS:PAL with a GF Score™ of 52/100 and a GF Value™ of ₱2.74 (Fairly Valued). The stock has 4 warning signs investors should review. Among 865 Transportation companies, Pal Holdings ranks worse than 51.56% 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 Pal Holdings's Debt-to-EBITDA or its related term are showing as below:
PHS:PAL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.89 Med: 3.08 Max: 20.03
Current: 2.75
During the past 13 years, the highest Debt-to-EBITDA Ratio of Pal Holdings was 20.03. The lowest was -6.89. And the median was 3.08.
PHS:PAL's Debt-to-EBITDA is ranked worse than 51.56% of 865
companies
in the Transportation industry
Industry Median: 2.64
vs PHS:PAL: 2.75
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.
Pal Holdings Debt-to-EBITDA Related Terms
Pal Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Pal 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.
PHS:PAL vs DAL, UAL, LUV: Debt-to-EBITDA Comparison
For the Airlines subindustry, Pal 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.
Pal Holdings Debt-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Pal Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Pal Holdings'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 four times the quarterly (Mar. 2026) EBITDA data.
Pal Holdings (PHS:PAL) has a Debt-to-EBITDA of 2.12 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 Pal Holdings. This is 31% below median its historical median of 3.08. According to the industry distribution chart, Pal Holdings ranks #446 out of 865 companies in the Transportation industry, placing it in the top 51.6%.
Is Pal Holdings' Debt-to-EBITDA too high?
Pal Holdings' current Debt-to-EBITDA of 2.12 is 31% below median its 10-year median of 3.08. The Transportation industry median Debt-to-EBITDA is 2.64. Pal Holdings' value of 2.12 is 19.7% below this industry median. Based on the distribution chart, Pal Holdings ranks #446 out of 865 companies in the Transportation industry, which is below the industry midpoint. Overall, Pal Holdings has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pal Holdings' Debt-to-EBITDA compare to DAL and UAL?
According to the Transportation industry distribution chart, Pal Holdings ranks #446 out of 865 companies for Debt-to-EBITDA. This places Pal Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.64. Pal Holdings' value of 2.12 is 19.7% below this benchmark. While the company's 10-year median is 3.08 vs. the industry median of 2.64, Pal Holdings 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 Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.64, based on 865 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. Pal Holdings's current Debt-to-EBITDA of 2.12 is 19.7% 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 Pal Holdings. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pal Holdings's current Debt-to-EBITDA is 2.12, which is 31% below median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pal Holdings stock overvalued right now?
Based on GuruFocus' analysis, Pal Holdings (PHS:PAL) is currently considered Fairly Valued. The stock's GF Value™ is ₱2.74, compared to a current price of ₱2.64 — trading 3.6% below its estimated fair value. The current Debt-to-EBITDA is 2.12, which is 31% below median its 10-year median of 3.08 and 19.7% below the Transportation industry median of 2.64. Pal Holdings' overall GF Score™ is 52/100 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 Pal Holdings (PHS:PAL), the current Debt-to-EBITDA is 2.12 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 Pal Holdings (PHS:PAL) Overvalued in 2026?
Based on GuruFocus' analysis, Pal Holdings stock appears to be undervalued.
The current stock price of ₱2.64 is trading 3.6% below its estimated GF Value™ of ₱2.74.
GuruFocus considers Pal Holdings to be Fairly Valued.
Key valuation signals for PHS:PAL:
Debt-to-EBITDA: 2.12 (31% below median its 10-year median of 3.08)
GF Value™: ₱2.74 vs. price of ₱2.64 (3.6% below fair value)
Industry Position: 19.7% below the Transportation median (#446 of 865)
No single metric tells the full story. See the PHS:PAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pal Holdings Inc through its subsidiaries, is engaged in air transport of passengers and cargo within the Philippines and between the Philippines and several international destinations. Its revenues are mainly derived from rendering transportation services, and all sales are made to external customers.
52GF Score
Get the complete analysis for PHS:PAL
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