WCE Holdings Bhd (XKLS:3565) Debt-to-EBITDA : 12.45 (As of Mar. 2026) — 83% Below Median

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XKLS:3565 WCE Holdings Bhd XKLS:3565
40 GF Score
Price RM0.67
GF Value RM1.06
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is WCE Holdings Bhd Debt-to-EBITDA?

WCE Holdings Bhd XKLS:3565 +0.76% 40 Debt-to-EBITDA is 12.45 as of Mar. 2026, which is 83% below its 10-year median of 74.99. GuruFocus rates XKLS:3565 with a GF Score™ of 40/100 and a GF Value™ of RM1.06 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,405 Construction companies, WCE Holdings Bhd ranks worse than 97.22% on this metric.

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

WCE Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM37.5 Mil. WCE Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM5,036.8 Mil. WCE Holdings Bhd's annualized EBITDA for the quarter that ended in Mar. 2026 was RM407.6 Mil. WCE Holdings Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 12.45.

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 WCE Holdings Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:3565' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 17.72   Med: 74.99   Max: 763.81
Current: 25.44

During the past 13 years, the highest Debt-to-EBITDA Ratio of WCE Holdings Bhd was 763.81. The lowest was 17.72. And the median was 74.99.

XKLS:3565's Debt-to-EBITDA is ranked worse than
97.22% of 1405 companies
in the Construction industry
Industry Median: 2.14 vs XKLS:3565: 25.44

WCE Holdings Bhd  (XKLS:3565) 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.


WCE Holdings Bhd Debt-to-EBITDA Related Terms


WCE Holdings Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for WCE Holdings 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.

WCE Holdings Bhd Debt-to-EBITDA Chart

WCE Holdings Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 431.74 17.72 763.81 43.12 25.44

WCE Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 58.05 31.37 41.16 38.42 12.45

XKLS:3565 vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, WCE Holdings 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.


WCE Holdings Bhd Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, WCE Holdings Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where WCE Holdings Bhd's Debt-to-EBITDA falls into.


XKLS:3565
40GF Score
WCE Holdings Bhd XKLS:3565
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WCE Holdings Bhd Debt-to-EBITDA Calculation

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

WCE Holdings Bhd's Debt-to-EBITDA for the fiscal year 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
=(37.503 + 5036.825) / 199.456
=25.44

WCE Holdings 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
=(37.503 + 5036.825) / 407.612
=12.45

* 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 12.45 mean?
WCE Holdings Bhd (XKLS:3565) has a Debt-to-EBITDA of 12.45 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 WCE Holdings Bhd. This is 83% below median its historical median of 74.99. Over the past decade, WCE Holdings Bhd's Debt-to-EBITDA has ranged from 17.72 to 763.81. According to the industry distribution chart, WCE Holdings Bhd ranks #1366 out of 1405 companies in the Construction industry, placing it in the top 97.2%.
Is WCE Holdings Bhd's Debt-to-EBITDA too high?
WCE Holdings Bhd's current Debt-to-EBITDA of 12.45 is 83% below median its 10-year median of 74.99. Over the past 10 years, this metric has ranged from a low of 17.72 to a high of 763.81. The Construction industry median Debt-to-EBITDA is 2.14. WCE Holdings Bhd's value of 12.45 is 481.8% above this industry median. Based on the distribution chart, WCE Holdings Bhd ranks #1366 out of 1405 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, WCE Holdings Bhd has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WCE Holdings Bhd's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, WCE Holdings Bhd ranks #1366 out of 1405 companies for Debt-to-EBITDA. This places WCE Holdings Bhd in the lower half of its industry. The industry median Debt-to-EBITDA is 2.14. WCE Holdings Bhd's value of 12.45 is 481.8% above this benchmark. Historically, WCE Holdings Bhd's own Debt-to-EBITDA has ranged from 17.72 to 763.81 over the past decade. While the company's 10-year median is 74.99 vs. the industry median of 2.14, WCE Holdings 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. WCE Holdings Bhd's current Debt-to-EBITDA of 12.45 is 481.8% 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 WCE Holdings 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. WCE Holdings Bhd's current Debt-to-EBITDA is 12.45, which is 83% below median its own 10-year median of 74.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WCE Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, WCE Holdings Bhd (XKLS:3565) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.06, compared to a current price of RM0.67 — trading 37.3% below its estimated fair value. The current Debt-to-EBITDA is 12.45, which is 83% below median its 10-year median of 74.99 and 481.8% above the Construction industry median of 2.14. WCE Holdings Bhd's overall GF Score™ is 40/100 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 WCE Holdings Bhd (XKLS:3565), the current Debt-to-EBITDA is 12.45 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 WCE Holdings Bhd (XKLS:3565) Overvalued in 2026?

Based on GuruFocus' analysis, WCE Holdings Bhd stock appears to be undervalued. The current stock price of RM0.67 is trading 37.3% below its estimated GF Value™ of RM1.06. GuruFocus considers WCE Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:3565:

  • Debt-to-EBITDA: 12.45 (83% below median its 10-year median of 74.99)
  • GF Value™: RM1.06 vs. price of RM0.67 (37.3% below fair value)
  • GF Score™: 40/100 with 6 warning signs
  • Industry Position: 481.8% above the Construction median (#1366 of 1405)

No single metric tells the full story. See the XKLS:3565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WCE Holdings Bhd Business Description

Address Jalan Meru/KU5, Pesisiran Pantai Barat, Pejabat Pengurusan Lebuhraya, Bandar Bukit Raja, Klang, SGR, MYS, 41050
WCE Holdings Bhd is an investment holding company. The company's segments include Toll concession, Construction, and Others. The majority of the company's revenue is generated from the Toll concession segment which is engaged in the business of construction, management, and tolling of highway operation. The construction segment is involved in the business of construction contracting and project management services, and the other segment is engaged in the business of leasing and investment holding. All of its activities are carried out in Malaysia.
40GF Score

Get the complete analysis for XKLS:3565

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

RM0.67
Price
RM1.06
GF Value