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.
AppAsia BhdXKLS:0119 39 Debt-to-EBITDA is 0.07 as of Mar. 2026, which is 13% below its 10-year median of 0.08. GuruFocus rates XKLS:0119 with a GF Score™ of 39/100 and a GF Value™ of RM0.10 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,725 Software companies, AppAsia Bhd ranks better than 89.68% 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 AppAsia Bhd's Debt-to-EBITDA or its related term are showing as below:
XKLS:0119'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.04 Med: 0.08 Max: 0.24
Current: 0.08
During the past 13 years, the highest Debt-to-EBITDA Ratio of AppAsia Bhd was 0.24. The lowest was -0.04. And the median was 0.08.
XKLS:0119's Debt-to-EBITDA is ranked better than 89.68% of 1725
companies
in the Software industry
Industry Median: 1.1
vs XKLS:0119: 0.08
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.
AppAsia Bhd Debt-to-EBITDA Related Terms
AppAsia Bhd Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for AppAsia Bhd'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.
XKLS:0119 vs QH, SHOP, UBER: Debt-to-EBITDA Comparison
For the Software - Application subindustry, AppAsia Bhd'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.
AppAsia Bhd Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, AppAsia Bhd's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where AppAsia Bhd'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.
AppAsia Bhd (XKLS:0119) has a Debt-to-EBITDA of 0.07 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 AppAsia Bhd. This is 13% below median its historical median of 0.08. According to the industry distribution chart, AppAsia Bhd ranks #178 out of 1725 companies in the Software industry, placing it in the top 10.3%.
Is AppAsia Bhd's Debt-to-EBITDA too high?
AppAsia Bhd's current Debt-to-EBITDA of 0.07 is 13% below median its 10-year median of 0.08. The Software industry median Debt-to-EBITDA is 1.10. AppAsia Bhd's value of 0.07 is 93.6% below this industry median. Based on the distribution chart, AppAsia Bhd ranks #178 out of 1725 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, AppAsia Bhd has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AppAsia Bhd's Debt-to-EBITDA compare to QH and SHOP?
According to the Software industry distribution chart, AppAsia Bhd ranks #178 out of 1725 companies for Debt-to-EBITDA. This places AppAsia Bhd in the top 10% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.10. AppAsia Bhd's value of 0.07 is 93.6% below this benchmark. While the company's 10-year median is 0.08 vs. the industry median of 1.10, AppAsia Bhd 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.10, based on 1,725 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. AppAsia Bhd's current Debt-to-EBITDA of 0.07 is 93.6% 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 AppAsia Bhd. For the Software industry, the median Debt-to-EBITDA is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AppAsia Bhd's current Debt-to-EBITDA is 0.07, which is 13% below median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AppAsia Bhd stock overvalued right now?
Based on GuruFocus' analysis, AppAsia Bhd (XKLS:0119) is currently considered Fairly Valued. The stock's GF Value™ is RM0.10, compared to a current price of RM0.11 — trading 5% above its estimated fair value. The current Debt-to-EBITDA is 0.07, which is 13% below median its 10-year median of 0.08 and 93.6% below the Software industry median of 1.10. AppAsia Bhd's overall GF Score™ is 39/100 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 AppAsia Bhd (XKLS:0119), the current Debt-to-EBITDA is 0.07 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 AppAsia Bhd (XKLS:0119) Overvalued in 2026?
Based on GuruFocus' analysis, AppAsia Bhd stock appears to be overvalued.
The current stock price of RM0.11 is trading 5% above its estimated GF Value™ of RM0.10.
GuruFocus considers AppAsia Bhd to be Fairly Valued.
Key valuation signals for XKLS:0119:
Debt-to-EBITDA: 0.07 (13% below median its 10-year median of 0.08)
GF Value™: RM0.10 vs. price of RM0.11 (5% above fair value)
Industry Position: 93.6% below the Software median (#178 of 1725)
No single metric tells the full story. See the XKLS:0119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AppAsia Bhd is a digital platform provider specialising in blockchain technologies, advanced mobile applications, and digital content. The company operates in the segments of Financial Services Business, E-Commerce Business, Digital solutions Business, and Investment Holding and Other Businesses. Investment holding includes investment management and provision of management services and other complimentary services; E-Commerce Business segment engages in the provision of online marketplace for e-commerce activities; Digital solutions business engages in the provision of digital platform related solutions and services; and Financial services segment provides financial assistance. Geographically, the group operates in Malaysia and United States, of which key revenue is derived from Malaysia.
39GF Score
Get the complete analysis for XKLS:0119
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
XKLS:0119 has been successfully added to your 
