BRC Asia (SGX:BEC) Debt-to-EBITDA : 1.04 (As of Mar. 2026) — 76% Below Median

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SGX:BEC BRC Asia Ltd SGX:BEC
86 GF Score
Price S$4.24
GF Value S$2.80
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is BRC Asia Debt-to-EBITDA?

BRC Asia SGX:BEC -0.47% 86 Debt-to-EBITDA is 1.04 as of Mar. 2026, which is 76% below its 10-year median of 4.31. GuruFocus rates SGX:BEC with a GF Score™ of 86/100 and a GF Value™ of S$2.80 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 497 Steel companies, BRC Asia ranks better than 75.05% on this metric.

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

BRC Asia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was S$149 Mil. BRC Asia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was S$12 Mil. BRC Asia's annualized EBITDA for the quarter that ended in Mar. 2026 was S$154 Mil. BRC Asia's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.04.

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 BRC Asia's Debt-to-EBITDA or its related term are showing as below:

SGX:BEC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.13   Med: 4.31   Max: 11.39
Current: 1.13

During the past 13 years, the highest Debt-to-EBITDA Ratio of BRC Asia was 11.39. The lowest was 1.13. And the median was 4.31.

SGX:BEC's Debt-to-EBITDA is ranked better than
75.05% of 497 companies
in the Steel industry
Industry Median: 2.82 vs SGX:BEC: 1.13

BRC Asia  (SGX:BEC) 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.


BRC Asia Debt-to-EBITDA Related Terms


BRC Asia Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for BRC Asia'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.

BRC Asia Debt-to-EBITDA Chart

BRC Asia Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.38 3.46 3.11 1.74 1.55

BRC Asia 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 2.12 1.78 2.03 1.65 1.04

SGX:BEC vs NUE, STLD, RS: Debt-to-EBITDA Comparison

For the Steel subindustry, BRC Asia'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.


BRC Asia Debt-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, BRC Asia's Debt-to-EBITDA distribution charts can be found below:

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


SGX:BEC
86GF Score
BRC Asia Ltd SGX:BEC
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BRC Asia Debt-to-EBITDA Calculation

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

BRC Asia's Debt-to-EBITDA for the fiscal year that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(202.011 + 13.338) / 138.899
=1.55

BRC Asia'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
=(149.421 + 11.638) / 154.472
=1.04

* 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 1.04 mean?
BRC Asia (SGX:BEC) has a Debt-to-EBITDA of 1.04 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 BRC Asia. This is 76% below median its historical median of 4.31. Over the past decade, BRC Asia's Debt-to-EBITDA has ranged from 1.13 to 11.39. According to the industry distribution chart, BRC Asia ranks #124 out of 497 companies in the Steel industry, placing it in the top 24.9%.
Is BRC Asia's Debt-to-EBITDA too high?
BRC Asia's current Debt-to-EBITDA of 1.04 is 76% below median its 10-year median of 4.31. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 11.39. The Steel industry median Debt-to-EBITDA is 2.82. BRC Asia's value of 1.04 is 63.1% below this industry median. Based on the distribution chart, BRC Asia ranks #124 out of 497 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, BRC Asia has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BRC Asia's Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, BRC Asia ranks #124 out of 497 companies for Debt-to-EBITDA. This places BRC Asia in the top 25% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.82. BRC Asia's value of 1.04 is 63.1% below this benchmark. Historically, BRC Asia's own Debt-to-EBITDA has ranged from 1.13 to 11.39 over the past decade. While the company's 10-year median is 4.31 vs. the industry median of 2.82, BRC Asia 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.82, based on 497 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. BRC Asia's current Debt-to-EBITDA of 1.04 is 63.1% 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 BRC Asia. For the Steel industry, the median Debt-to-EBITDA is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BRC Asia's current Debt-to-EBITDA is 1.04, which is 76% below median its own 10-year median of 4.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRC Asia stock overvalued right now?
Based on GuruFocus' analysis, BRC Asia (SGX:BEC) is currently considered Significantly Overvalued. The stock's GF Value™ is S$2.80, compared to a current price of S$4.24 — trading 51.4% above its estimated fair value. The current Debt-to-EBITDA is 1.04, which is 76% below median its 10-year median of 4.31 and 63.1% below the Steel industry median of 2.82. BRC Asia's overall GF Score™ is 86/100 with 1 warning sign 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 BRC Asia (SGX:BEC), the current Debt-to-EBITDA is 1.04 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 BRC Asia (SGX:BEC) Overvalued in 2026?

Based on GuruFocus' analysis, BRC Asia stock appears to be overvalued. The current stock price of S$4.24 is trading 51.4% above its estimated GF Value™ of S$2.80. GuruFocus considers BRC Asia to be Significantly Overvalued.

Key valuation signals for SGX:BEC:

  • Debt-to-EBITDA: 1.04 (76% below median its 10-year median of 4.31)
  • GF Value™: S$2.80 vs. price of S$4.24 (51.4% above fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 63.1% below the Steel median (#124 of 497)

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


BRC Asia Business Description

Address 350 Jalan Boon Lay, Jurong Industrial Estate, Singapore, SGP, 619530
BRC Asia Ltd is principally engaged in the prefabrication of steel reinforcement for use in concrete, trading of steel reinforcing bars, and manufacturing and sale of wire mesh fences. The company's reportable segments are: (i) The fabrication and manufacturing segment is involved in the business of processing and prefabrication of steel reinforcement, including sale of standard-length rebar, for use in concrete. (ii) Trading segment is involved in trading of steel and steel related products in both domestic and international market. (iii) Others relates to leasing of properties. The majority of the company's revenue is derived from the Fabrication and manufacturing segment. Geographically, it derives the maximum revenue from Singapore.
86GF Score

Get the complete analysis for SGX:BEC

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

S$4.24
Price
S$2.80
GF Value