Kori Holdings (SGX:5VC) Debt-to-EBITDA : 1.93 (As of Dec. 2025) — Near Median

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SGX:5VC Kori Holdings Ltd SGX:5VC
52 GF Score
Price S$0.17
GF Value S$0.18
! 7 Warning Signs
View Full Analysis

What is Kori Holdings Debt-to-EBITDA?

Kori Holdings SGX:5VC 52 Debt-to-EBITDA is 1.93 as of Dec. 2025, which is 3% above its 10-year median of 1.87. GuruFocus rates SGX:5VC with a GF Score™ of 52/100 and a GF Value™ of S$0.18. The stock has 7 warning signs investors should review.

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

Kori Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was S$0.19 Mil. Kori Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was S$3.13 Mil. Kori Holdings's annualized EBITDA for the quarter that ended in Dec. 2025 was S$1.72 Mil. Kori Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 1.93.

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

SGX:5VC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.88   Med: 1.87   Max: 3.11
Current: 1.36

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kori Holdings was 3.11. The lowest was 0.88. And the median was 1.87.

SGX:5VC's Debt-to-EBITDA is not ranked
in the Construction industry.
Industry Median: 2.12 vs SGX:5VC: 1.36

Kori Holdings  (SGX:5VC) 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.


Kori Holdings Debt-to-EBITDA Related Terms


Kori Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Kori 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.

Kori Holdings Debt-to-EBITDA Chart

Kori 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 2.08 1.72 1.64 1.19 0.88

Kori 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 -1.13 0.69 -2.36 1.08 1.93

SGX:5VC vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, Kori 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.


Kori Holdings Debt-to-EBITDA vs Construction Industry

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

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


SGX:5VC
52GF Score
Kori Holdings Ltd SGX:5VC
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kori Holdings Debt-to-EBITDA Calculation

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

Kori 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
=(0.191 + 3.131) / 3.772
=0.88

Kori 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
=(0.191 + 3.131) / 1.718
=1.93

* 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 1.93 mean?
Kori Holdings (SGX:5VC) has a Debt-to-EBITDA of 1.93 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 Kori Holdings. This is near median its historical median of 1.87. Over the past decade, Kori Holdings' Debt-to-EBITDA has ranged from 0.88 to 3.11.
Is Kori Holdings' Debt-to-EBITDA too high?
Kori Holdings' current Debt-to-EBITDA of 1.93 is near median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 3.11. The Construction industry median Debt-to-EBITDA is 2.12. Kori Holdings' value of 1.93 is 9% below this industry median. Overall, Kori Holdings has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Kori Holdings' Debt-to-EBITDA compare to PWR and FIX?
Kori Holdings' Debt-to-EBITDA of 1.93 can be compared against companies in the Construction industry. The industry median Debt-to-EBITDA is 2.12. Kori Holdings' value of 1.93 is 9% below this benchmark. Historically, Kori Holdings' own Debt-to-EBITDA has ranged from 0.88 to 3.11 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 2.12, Kori 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.12, based on 1,409 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. Kori Holdings's current Debt-to-EBITDA of 1.93 is 9% 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 Kori Holdings. For the Construction industry, the median Debt-to-EBITDA is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kori Holdings's current Debt-to-EBITDA is 1.93, which is near median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kori Holdings stock overvalued right now?
Kori Holdings (SGX:5VC) has a current Debt-to-EBITDA of 1.93. The stock's GF Value™ is S$0.18, compared to a current price of S$0.17 — trading 5.6% below its estimated fair value. The current Debt-to-EBITDA is 1.93, which is near median its 10-year median of 1.87 and 9% below the Construction industry median of 2.12. Kori Holdings' overall GF Score™ is 52/100 with 7 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 Kori Holdings (SGX:5VC), the current Debt-to-EBITDA is 1.93 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 Kori Holdings (SGX:5VC) Overvalued in 2026?

Based on GuruFocus' analysis, Kori Holdings stock appears to be undervalued. The current stock price of S$0.17 is trading 5.6% below its estimated GF Value™ of S$0.18.

Key valuation signals for SGX:5VC:

  • Debt-to-EBITDA: 1.93 (near median its 10-year median of 1.87)
  • GF Value™: S$0.18 vs. price of S$0.17 (5.6% below fair value)
  • GF Score™: 52/100 with 7 warning signs
  • Industry Position: 9% below the Construction median

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


Kori Holdings Business Description

Address 11 Sims Drive, No. 06-01 SCN Centre, Singapore, SGP, 387385
Kori Holdings Ltd is an investment holding company. Through its subsidiaries, it operates in two segments: Structural steelworks, which account for the majority of revenue; and Tunnelling works. The structural steel segment provides services to design, purchase, and fabricate reusable steel struts and steel beams for temporary strutting works in earth retaining or stabilizing structures for excavation works and rental of beams and oil jacks. The tunneling segment supplies skilled personnel with the required technical expertise to provide macro-tunneling works. All of its revenues are derived from Singapore.
52GF Score

Get the complete analysis for SGX:5VC

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

S$0.17
Price
S$0.18
GF Value