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Zelan BhdXKLS:2283 Debt-to-EBITDA is 15.25 as of Mar. 2026, which is 169% above its 10-year median of 5.67. The stock has 8 warning signs investors should review. Among 1,405 Construction companies, Zelan Bhd ranks worse than 71174.31% 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 Zelan Bhd's Debt-to-EBITDA or its related term are showing as below:
XKLS:2283'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -18.18 Med: 5.67 Max: 26.02
Current: -7.75
During the past 13 years, the highest Debt-to-EBITDA Ratio of Zelan Bhd was 26.02. The lowest was -18.18. And the median was 5.67.
XKLS:2283's Debt-to-EBITDA is ranked worse than 100% of 1405
companies
in the Construction industry
Industry Median: 2.14
vs XKLS:2283: -7.75
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.
Zelan Bhd Debt-to-EBITDA Related Terms
Zelan Bhd Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Zelan 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:2283 vs PWR, FIX, EME: Debt-to-EBITDA Comparison
For the Engineering & Construction subindustry, Zelan 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.
Zelan Bhd Debt-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, Zelan Bhd's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Zelan 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.
Zelan Bhd (XKLS:2283) has a Debt-to-EBITDA of 15.25 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 Zelan Bhd. This is 169% above median its historical median of 5.67. According to the industry distribution chart, Zelan Bhd ranks #999999 out of 1405 companies in the Construction industry.
Is Zelan Bhd's Debt-to-EBITDA too high?
Zelan Bhd's current Debt-to-EBITDA of 15.25 is 169% above median its 10-year median of 5.67. The Construction industry median Debt-to-EBITDA is 2.14. Zelan Bhd's value of 15.25 is 612.6% above this industry median. Based on the distribution chart, Zelan Bhd ranks #999999 out of 1405 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Zelan Bhd's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Zelan Bhd ranks #999999 out of 1405 companies for Debt-to-EBITDA. This places Zelan Bhd in the lower half of its industry. The industry median Debt-to-EBITDA is 2.14. Zelan Bhd's value of 15.25 is 612.6% above this benchmark. While the company's 10-year median is 5.67 vs. the industry median of 2.14, Zelan 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.14, based on 1,405 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. Zelan Bhd's current Debt-to-EBITDA of 15.25 is 612.6% 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 Zelan Bhd. For the Construction industry, the median Debt-to-EBITDA is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zelan Bhd's current Debt-to-EBITDA is 15.25, which is 169% above median its own 10-year median of 5.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zelan Bhd stock overvalued right now?
Based on GuruFocus' analysis, Zelan Bhd (XKLS:2283) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.07 — trading 133.3% above its estimated fair value. The current Debt-to-EBITDA is 15.25, which is 169% above median its 10-year median of 5.67 and 612.6% above the Construction industry median of 2.14. 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 Zelan Bhd (XKLS:2283), the current Debt-to-EBITDA is 15.25 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.
Zelan Bhd is a company involved in the engineering and construction business sector. The company business segments are the Engineering and Construction segment, which includes projects in Indonesia, the Middle East, and Malaysia, the Property and Development business segment, which includes rental income, car park income, and management fees; the Asset facility management business segment are asset management services provided for the concession agreement; and Investment business segment includes rental income. The majority of the revenue is derived from Asset facility management segment.
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