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.
Thoresen Thai Agencies PCLTHAFF 80 Debt-to-EBITDA is 3.64 as of Mar. 2026, which is 46% above its 10-year median of 2.50. GuruFocus rates THAFF with a GF Score™ of 80/100 and a GF Value™ of $0.22. The stock has 6 warning signs investors should review. Among 460 Conglomerates companies, Thoresen Thai Agencies PCL ranks worse than 53.26% 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 Thoresen Thai Agencies PCL's Debt-to-EBITDA or its related term are showing as below:
THAFF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.61 Med: 2.5 Max: 6.54
Current: 2.97
During the past 13 years, the highest Debt-to-EBITDA Ratio of Thoresen Thai Agencies PCL was 6.54. The lowest was -6.61. And the median was 2.50.
THAFF's Debt-to-EBITDA is ranked worse than 53.26% of 460
companies
in the Conglomerates industry
Industry Median: 2.705
vs THAFF: 2.97
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.
Thoresen Thai Agencies PCL Debt-to-EBITDA Related Terms
Thoresen Thai Agencies PCL Debt-to-EBITDA Historical Data
* 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 Conglomerates subindustry, Thoresen Thai Agencies PCL'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.
Thoresen Thai Agencies PCL Debt-to-EBITDA vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Thoresen Thai Agencies PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Thoresen Thai Agencies PCL'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.
Thoresen Thai Agencies PCL (THAFF) has a Debt-to-EBITDA of 3.64 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 Thoresen Thai Agencies PCL. This is 46% above median its historical median of 2.50. According to the industry distribution chart, Thoresen Thai Agencies PCL ranks #245 out of 460 companies in the Conglomerates industry, placing it in the top 53.3%.
Is Thoresen Thai Agencies PCL's Debt-to-EBITDA too high?
Thoresen Thai Agencies PCL's current Debt-to-EBITDA of 3.64 is 46% above median its 10-year median of 2.50. The Conglomerates industry median Debt-to-EBITDA is 2.71. Thoresen Thai Agencies PCL's value of 3.64 is 34.6% above this industry median. Based on the distribution chart, Thoresen Thai Agencies PCL ranks #245 out of 460 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Thoresen Thai Agencies PCL has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Thoresen Thai Agencies PCL's Debt-to-EBITDA compare to HON and MMM?
According to the Conglomerates industry distribution chart, Thoresen Thai Agencies PCL ranks #245 out of 460 companies for Debt-to-EBITDA. This places Thoresen Thai Agencies PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 2.71. Thoresen Thai Agencies PCL's value of 3.64 is 34.6% above this benchmark. While the company's 10-year median is 2.50 vs. the industry median of 2.71, Thoresen Thai Agencies PCL has consistently been above 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 Conglomerates company?
The median Debt-to-EBITDA among Conglomerates companies is 2.71, based on 460 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. Thoresen Thai Agencies PCL's current Debt-to-EBITDA of 3.64 is 34.6% above 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 Thoresen Thai Agencies PCL. For the Conglomerates industry, the median Debt-to-EBITDA is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thoresen Thai Agencies PCL's current Debt-to-EBITDA is 3.64, which is 46% above median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thoresen Thai Agencies PCL stock overvalued right now?
Thoresen Thai Agencies PCL (THAFF) has a current Debt-to-EBITDA of 3.64. The stock's GF Value™ is $0.22, compared to a current price of $0.20 — trading 9.1% below its estimated fair value. The current Debt-to-EBITDA is 3.64, which is 46% above median its 10-year median of 2.50 and 34.6% above the Conglomerates industry median of 2.71. Thoresen Thai Agencies PCL's overall GF Score™ is 80/100 with 6 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 Thoresen Thai Agencies PCL (THAFF), the current Debt-to-EBITDA is 3.64 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 Thoresen Thai Agencies PCL (THAFF) Overvalued in 2026?
Based on GuruFocus' analysis, Thoresen Thai Agencies PCL stock appears to be undervalued.
The current stock price of $0.20 is trading 9.1% below its estimated GF Value™ of $0.22.
Key valuation signals for THAFF:
Debt-to-EBITDA: 3.64 (46% above median its 10-year median of 2.50)
GF Value™: $0.22 vs. price of $0.20 (9.1% below fair value)
Industry Position: 34.6% above the Conglomerates median (#245 of 460)
No single metric tells the full story. See the THAFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thoresen Thai Agencies PCL is an investment holding company. The company operates in five main segments: shipping, offshore service, agrochemical, food and beverage, and investment. Its activities include ownership of dry bulk vessels, certain shipping services, offshore services related to oil and gas, production and sales of fertilizers, coal trading, warehouse, and logistics services, and food and beverage. The maximum revenue is derived from the Offshore Service segment.
80GF Score
Get the complete analysis for THAFF
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
THAFF has been successfully added to your 
