Old Chang Kee (SGX:5ML) Debt-to-EBITDA : 0.86 (As of Mar. 2026) — 21% Below Median

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SGX:5ML Old Chang Kee Ltd SGX:5ML
45 GF Score
Price S$1.17
GF Value S$0.80
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Old Chang Kee Debt-to-EBITDA?

Old Chang Kee SGX:5ML 45 Debt-to-EBITDA is 0.86 as of Mar. 2026, which is 21% below its 10-year median of 1.09. GuruFocus rates SGX:5ML with a GF Score™ of 45/100 and a GF Value™ of S$0.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 304 Restaurants companies, Old Chang Kee ranks better than 83.55% on this metric.

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

Old Chang Kee's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was S$11.6 Mil. Old Chang Kee's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was S$11.6 Mil. Old Chang Kee's annualized EBITDA for the quarter that ended in Mar. 2026 was S$27.0 Mil. Old Chang Kee's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.86.

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 Old Chang Kee's Debt-to-EBITDA or its related term are showing as below:

SGX:5ML' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.81   Med: 1.09   Max: 1.57
Current: 0.85

During the past 13 years, the highest Debt-to-EBITDA Ratio of Old Chang Kee was 1.57. The lowest was 0.81. And the median was 1.09.

SGX:5ML's Debt-to-EBITDA is ranked better than
83.55% of 304 companies
in the Restaurants industry
Industry Median: 2.945 vs SGX:5ML: 0.85

Old Chang Kee  (SGX:5ML) 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.


Old Chang Kee Debt-to-EBITDA Related Terms


Old Chang Kee Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Old Chang Kee'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.

Old Chang Kee Debt-to-EBITDA Chart

Old Chang Kee Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.16 1.00 0.81 0.85

Old Chang Kee Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.95 0.84 0.85 0.84 0.86

SGX:5ML vs MCD, SBUX, CMG: Debt-to-EBITDA Comparison

For the Restaurants subindustry, Old Chang Kee'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.


Old Chang Kee Debt-to-EBITDA vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Old Chang Kee's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Old Chang Kee's Debt-to-EBITDA falls into.


SGX:5ML
45GF Score
Old Chang Kee Ltd SGX:5ML
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Old Chang Kee Debt-to-EBITDA Calculation

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

Old Chang Kee's Debt-to-EBITDA for the fiscal year 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
=(11.585 + 11.622) / 27.348
=0.85

Old Chang Kee'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
=(11.585 + 11.622) / 27.012
=0.86

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.86 mean?
Old Chang Kee (SGX:5ML) has a Debt-to-EBITDA of 0.86 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 Old Chang Kee. This is 21% below median its historical median of 1.09. Over the past decade, Old Chang Kee's Debt-to-EBITDA has ranged from 0.81 to 1.57. According to the industry distribution chart, Old Chang Kee ranks #50 out of 304 companies in the Restaurants industry, placing it in the top 16.4%.
Is Old Chang Kee's Debt-to-EBITDA too high?
Old Chang Kee's current Debt-to-EBITDA of 0.86 is 21% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 1.57. The Restaurants industry median Debt-to-EBITDA is 2.95. Old Chang Kee's value of 0.86 is 70.8% below this industry median. Based on the distribution chart, Old Chang Kee ranks #50 out of 304 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Old Chang Kee has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Old Chang Kee's Debt-to-EBITDA compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Old Chang Kee ranks #50 out of 304 companies for Debt-to-EBITDA. This places Old Chang Kee in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.95. Old Chang Kee's value of 0.86 is 70.8% below this benchmark. Historically, Old Chang Kee's own Debt-to-EBITDA has ranged from 0.81 to 1.57 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 2.95, Old Chang Kee 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 Restaurants company?
The median Debt-to-EBITDA among Restaurants companies is 2.95, based on 304 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. Old Chang Kee's current Debt-to-EBITDA of 0.86 is 70.8% 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 Old Chang Kee. For the Restaurants industry, the median Debt-to-EBITDA is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Old Chang Kee's current Debt-to-EBITDA is 0.86, which is 21% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old Chang Kee stock overvalued right now?
Based on GuruFocus' analysis, Old Chang Kee (SGX:5ML) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.80, compared to a current price of S$1.17 — trading 46.3% above its estimated fair value. The current Debt-to-EBITDA is 0.86, which is 21% below median its 10-year median of 1.09 and 70.8% below the Restaurants industry median of 2.95. Old Chang Kee's overall GF Score™ is 45/100 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 Old Chang Kee (SGX:5ML), the current Debt-to-EBITDA is 0.86 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 Old Chang Kee (SGX:5ML) Overvalued in 2026?

Based on GuruFocus' analysis, Old Chang Kee stock appears to be overvalued. The current stock price of S$1.17 is trading 46.3% above its estimated GF Value™ of S$0.80. GuruFocus considers Old Chang Kee to be Significantly Overvalued.

Key valuation signals for SGX:5ML:

  • Debt-to-EBITDA: 0.86 (21% below median its 10-year median of 1.09)
  • GF Value™: S$0.80 vs. price of S$1.17 (46.3% above fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 70.8% below the Restaurants median (#50 of 304)

No single metric tells the full story. See the SGX:5ML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Old Chang Kee Business Description

Address 2 Woodlands Terrace, Singapore, SGP, 738427
Old Chang Kee Ltd is engaged in the manufacturing and distribution of food products. The company's products include curry puffs, fishballs, chicken nuggets, and chicken wings. It also provides catering services in Singapore. The company's geographical segments include Singapore, Australia, and Malaysia, and a majority of its revenue is derived from Singapore. The company is engaged in the manufacture and sale of food products under brands such as Old Chang Kee, the Curry Times, and Dip n Go.
45GF Score

Get the complete analysis for SGX:5ML

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

S$1.17
Price
S$0.80
GF Value