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.
Qes Group BhdXKLS:0196 +2.50%67 Debt-to-EBITDA is 1.86 as of Mar. 2026, which is 38% above its 10-year median of 1.35. GuruFocus rates XKLS:0196 with a GF Score™ of 67/100 and a GF Value™ of RM0.61 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,791 Hardware companies, Qes Group Bhd ranks better than 50.36% 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 Qes Group Bhd's Debt-to-EBITDA or its related term are showing as below:
XKLS:0196'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.62 Med: 1.35 Max: 2.03
Current: 1.68
During the past 12 years, the highest Debt-to-EBITDA Ratio of Qes Group Bhd was 2.03. The lowest was 0.62. And the median was 1.35.
XKLS:0196's Debt-to-EBITDA is ranked better than 50.36% of 1791
companies
in the Hardware industry
Industry Median: 1.7
vs XKLS:0196: 1.68
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.
Qes Group Bhd Debt-to-EBITDA Related Terms
Qes Group Bhd Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Qes Group 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:0196 vs SNX, ARW, AVT: Debt-to-EBITDA Comparison
For the Electronics & Computer Distribution subindustry, Qes Group 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.
Qes Group Bhd Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Qes Group Bhd's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Qes Group 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.
Qes Group Bhd (XKLS:0196) has a Debt-to-EBITDA of 1.86 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 Qes Group Bhd. This is 38% above median its historical median of 1.35. Over the past decade, Qes Group Bhd's Debt-to-EBITDA has ranged from 0.62 to 2.03. According to the industry distribution chart, Qes Group Bhd ranks #889 out of 1791 companies in the Hardware industry, placing it in the top 49.6%.
Is Qes Group Bhd's Debt-to-EBITDA too high?
Qes Group Bhd's current Debt-to-EBITDA of 1.86 is 38% above median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 2.03. The Hardware industry median Debt-to-EBITDA is 1.70. Qes Group Bhd's value of 1.86 is 9.4% above this industry median. Based on the distribution chart, Qes Group Bhd ranks #889 out of 1791 companies in the Hardware industry, which is above the industry midpoint. Overall, Qes Group Bhd has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qes Group Bhd's Debt-to-EBITDA compare to SNX and ARW?
According to the Hardware industry distribution chart, Qes Group Bhd ranks #889 out of 1791 companies for Debt-to-EBITDA. This puts Qes Group Bhd in the upper half of its industry. The industry median Debt-to-EBITDA is 1.70. Qes Group Bhd's value of 1.86 is 9.4% above this benchmark. Historically, Qes Group Bhd's own Debt-to-EBITDA has ranged from 0.62 to 2.03 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.70, Qes Group Bhd 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.70, based on 1,791 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. Qes Group Bhd's current Debt-to-EBITDA of 1.86 is 9.4% 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 Qes Group Bhd. For the Hardware industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qes Group Bhd's current Debt-to-EBITDA is 1.86, which is 38% above median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qes Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Qes Group Bhd (XKLS:0196) is currently considered Fairly Valued. The stock's GF Value™ is RM0.61, compared to a current price of RM0.62 — trading 0.8% above its estimated fair value. The current Debt-to-EBITDA is 1.86, which is 38% above median its 10-year median of 1.35 and 9.4% above the Hardware industry median of 1.70. Qes Group Bhd's overall GF Score™ is 67/100 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 Qes Group Bhd (XKLS:0196), the current Debt-to-EBITDA is 1.86 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 Qes Group Bhd (XKLS:0196) Overvalued in 2026?
Based on GuruFocus' analysis, Qes Group Bhd stock appears to be overvalued.
The current stock price of RM0.62 is trading 0.8% above its estimated GF Value™ of RM0.61.
GuruFocus considers Qes Group Bhd to be Fairly Valued.
Key valuation signals for XKLS:0196:
Debt-to-EBITDA: 1.86 (38% above median its 10-year median of 1.35)
GF Value™: RM0.61 vs. price of RM0.62 (0.8% above fair value)
Industry Position: 9.4% above the Hardware median (#889 of 1791)
No single metric tells the full story. See the XKLS:0196 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qes Group Bhd is a Malaysia-based investment holding. The company has multiple businesses that includes, the Equipment segment which derives maximum revenue includes marketing and servicing of scientific instruments. The materials and Engineering solutions distribution segment includes trading and servicing of industrial parts, equipment, and scientific instruments. The manufacturing division includes manufacturing, trading, and servicing industrial parts and equipment and providing a vision software solution for automated equipment, mechanical and electrical engineering consultancy service, and investment holding, that invests in shares.
67GF Score
Get the complete analysis for XKLS:0196
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:0196 has been successfully added to your 
