Topvision Eye Specialist Bhd (XKLS:0332) Debt-to-EBITDA : 2.84 (As of Mar. 2026) — 54% Above Median

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XKLS:0332 Topvision Eye Specialist Bhd XKLS:0332
59 GF Score
Price RM0.17
GF Value RM0.70
Valuation Significantly Undervalued
! 8 Warning Signs
View Full Analysis

What is Topvision Eye Specialist Bhd Debt-to-EBITDA?

Topvision Eye Specialist Bhd XKLS:0332 +3.13% 59 Debt-to-EBITDA is 2.84 as of Mar. 2026, which is 54% above its 10-year median of 1.85. GuruFocus rates XKLS:0332 with a GF Score™ of 59/100 and a GF Value™ of RM0.70 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 477 Healthcare Providers & Services companies, Topvision Eye Specialist Bhd ranks worse than 54.09% on this metric.

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

Topvision Eye Specialist Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM2.30 Mil. Topvision Eye Specialist Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM24.82 Mil. Topvision Eye Specialist Bhd's annualized EBITDA for the quarter that ended in Mar. 2026 was RM9.55 Mil. Topvision Eye Specialist Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.84.

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 Topvision Eye Specialist Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:0332' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.34   Med: 1.85   Max: 2.77
Current: 2.44

During the past 11 years, the highest Debt-to-EBITDA Ratio of Topvision Eye Specialist Bhd was 2.77. The lowest was 1.34. And the median was 1.85.

XKLS:0332's Debt-to-EBITDA is ranked worse than
54.09% of 477 companies
in the Healthcare Providers & Services industry
Industry Median: 2.18 vs XKLS:0332: 2.44

Topvision Eye Specialist Bhd  (XKLS:0332) 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.


Topvision Eye Specialist Bhd Debt-to-EBITDA Related Terms


Topvision Eye Specialist Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Topvision Eye Specialist 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.

Topvision Eye Specialist Bhd Debt-to-EBITDA Chart

Topvision Eye Specialist Bhd 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 1.45 1.54 1.34 2.77 2.39

Topvision Eye Specialist Bhd Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 2.27 2.31 2.35 2.55 2.84

XKLS:0332 vs HCA, THC, DVA: Debt-to-EBITDA Comparison

For the Medical Care Facilities subindustry, Topvision Eye Specialist 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.


Topvision Eye Specialist Bhd Debt-to-EBITDA vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Topvision Eye Specialist Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Topvision Eye Specialist Bhd's Debt-to-EBITDA falls into.


XKLS:0332
59GF Score
Topvision Eye Specialist Bhd XKLS:0332
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Topvision Eye Specialist Bhd Debt-to-EBITDA Calculation

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

Topvision Eye Specialist Bhd'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
=(2.876 + 24.774) / 11.585
=2.39

Topvision Eye Specialist Bhd'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
=(2.3 + 24.823) / 9.548
=2.84

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.84 mean?
Topvision Eye Specialist Bhd (XKLS:0332) has a Debt-to-EBITDA of 2.84 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 Topvision Eye Specialist Bhd. This is 54% above median its historical median of 1.85. Over the past decade, Topvision Eye Specialist Bhd's Debt-to-EBITDA has ranged from 1.34 to 2.77. According to the industry distribution chart, Topvision Eye Specialist Bhd ranks #258 out of 477 companies in the Healthcare Providers & Services industry, placing it in the top 54.1%.
Is Topvision Eye Specialist Bhd's Debt-to-EBITDA too high?
Topvision Eye Specialist Bhd's current Debt-to-EBITDA of 2.84 is 54% above median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 2.77. The Healthcare Providers & Services industry median Debt-to-EBITDA is 2.18. Topvision Eye Specialist Bhd's value of 2.84 is 30.3% above this industry median. Based on the distribution chart, Topvision Eye Specialist Bhd ranks #258 out of 477 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Topvision Eye Specialist Bhd has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Topvision Eye Specialist Bhd's Debt-to-EBITDA compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Topvision Eye Specialist Bhd ranks #258 out of 477 companies for Debt-to-EBITDA. This places Topvision Eye Specialist Bhd in the lower half of its industry. The industry median Debt-to-EBITDA is 2.18. Topvision Eye Specialist Bhd's value of 2.84 is 30.3% above this benchmark. Historically, Topvision Eye Specialist Bhd's own Debt-to-EBITDA has ranged from 1.34 to 2.77 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 2.18, Topvision Eye Specialist 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 Healthcare Providers & Services company?
The median Debt-to-EBITDA among Healthcare Providers & Services companies is 2.18, based on 477 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. Topvision Eye Specialist Bhd's current Debt-to-EBITDA of 2.84 is 30.3% 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 Topvision Eye Specialist Bhd. For the Healthcare Providers & Services industry, the median Debt-to-EBITDA is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topvision Eye Specialist Bhd's current Debt-to-EBITDA is 2.84, which is 54% above median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topvision Eye Specialist Bhd stock overvalued right now?
Based on GuruFocus' analysis, Topvision Eye Specialist Bhd (XKLS:0332) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.70, compared to a current price of RM0.17 — trading 76.4% below its estimated fair value. The current Debt-to-EBITDA is 2.84, which is 54% above median its 10-year median of 1.85 and 30.3% above the Healthcare Providers & Services industry median of 2.18. Topvision Eye Specialist Bhd's overall GF Score™ is 59/100 with 8 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 Topvision Eye Specialist Bhd (XKLS:0332), the current Debt-to-EBITDA is 2.84 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 Topvision Eye Specialist Bhd (XKLS:0332) Overvalued in 2026?

Based on GuruFocus' analysis, Topvision Eye Specialist Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 76.4% below its estimated GF Value™ of RM0.70. GuruFocus considers Topvision Eye Specialist Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0332:

  • Debt-to-EBITDA: 2.84 (54% above median its 10-year median of 1.85)
  • GF Value™: RM0.70 vs. price of RM0.17 (76.4% below fair value)
  • GF Score™: 59/100 with 8 warning signs
  • Industry Position: 30.3% above the Healthcare Providers & Services median (#258 of 477)

No single metric tells the full story. See the XKLS:0332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topvision Eye Specialist Bhd Business Description

Address Jalan Setia Prima (S) U13/S, Unit 11-2 & 11-3, No.2, Block 2, Setia Alam, Section U13, Shah Alam, SGR, MYS, 40170
Topvision Eye Specialist Bhd is principally involved in the provision of ophthalmology services and related medical consultancy services. The company is also engaged in the marketing of eye supplements and health food products. The company derives a majority of its revenue from its ophthalmology services business, providing treatments for general as well as complex eye diseases. Geographically, it operates in Malaysia.
59GF Score

Get the complete analysis for XKLS:0332

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

RM0.17
Price
RM0.70
GF Value