Melewar Industrial Group Bhd (XKLS:3778) Debt-to-EBITDA : 1.59 (As of Jun. 2026) — 34% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XKLS:3778 Melewar Industrial Group Bhd XKLS:3778
41 GF Score
Price RM0.13
GF Value RM0.20
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Melewar Industrial Group Bhd Debt-to-EBITDA?

Melewar Industrial Group Bhd XKLS:3778 41 Debt-to-EBITDA is 1.59 as of Jun. 2026, which is 34% below its 10-year median of 2.40. GuruFocus rates XKLS:3778 with a GF Score™ of 41/100 and a GF Value™ of RM0.20 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 499 Steel companies, Melewar Industrial Group Bhd ranks better than 66.53% on this metric.

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

Melewar Industrial Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was RM44.0 Mil. Melewar Industrial Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was RM4.6 Mil. Melewar Industrial Group Bhd's annualized EBITDA for the quarter that ended in Jun. 2026 was RM30.6 Mil. Melewar Industrial Group Bhd's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 1.59.

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 Melewar Industrial Group Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:3778' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.03   Med: 2.4   Max: 25.06
Current: 1.56

During the past 13 years, the highest Debt-to-EBITDA Ratio of Melewar Industrial Group Bhd was 25.06. The lowest was -5.03. And the median was 2.40.

XKLS:3778's Debt-to-EBITDA is ranked better than
66.53% of 499 companies
in the Steel industry
Industry Median: 2.82 vs XKLS:3778: 1.56

Melewar Industrial Group Bhd  (XKLS:3778) 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.


Melewar Industrial Group Bhd Debt-to-EBITDA Related Terms


Melewar Industrial Group Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Melewar Industrial 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.

Melewar Industrial Group Bhd Debt-to-EBITDA Chart

Melewar Industrial Group Bhd Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 25.06 3.44 5.18 1.56

Melewar Industrial Group Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 12.64 2.93 2.04 3.57 1.59

XKLS:3778 vs NUE, STLD, RS: Debt-to-EBITDA Comparison

For the Steel subindustry, Melewar Industrial 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.


Melewar Industrial Group Bhd Debt-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, Melewar Industrial Group Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Melewar Industrial Group Bhd's Debt-to-EBITDA falls into.


XKLS:3778
41GF Score
Melewar Industrial Group Bhd XKLS:3778
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Melewar Industrial Group Bhd Debt-to-EBITDA Calculation

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

Melewar Industrial Group Bhd's Debt-to-EBITDA for the fiscal year that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(44.011 + 4.646) / 31.266
=1.56

Melewar Industrial Group Bhd's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(44.011 + 4.646) / 30.616
=1.59

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.59 mean?
Melewar Industrial Group Bhd (XKLS:3778) has a Debt-to-EBITDA of 1.59 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Melewar Industrial Group Bhd. This is 34% below median its historical median of 2.40. According to the industry distribution chart, Melewar Industrial Group Bhd ranks #167 out of 499 companies in the Steel industry, placing it in the top 33.5%.
Is Melewar Industrial Group Bhd's Debt-to-EBITDA too high?
Melewar Industrial Group Bhd's current Debt-to-EBITDA of 1.59 is 34% below median its 10-year median of 2.40. The Steel industry median Debt-to-EBITDA is 2.82. Melewar Industrial Group Bhd's value of 1.59 is 43.6% below this industry median. Based on the distribution chart, Melewar Industrial Group Bhd ranks #167 out of 499 companies in the Steel industry, which is above the industry midpoint. Overall, Melewar Industrial Group Bhd has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Melewar Industrial Group Bhd's Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Melewar Industrial Group Bhd ranks #167 out of 499 companies for Debt-to-EBITDA. This puts Melewar Industrial Group Bhd in the upper half of its industry. The industry median Debt-to-EBITDA is 2.82. Melewar Industrial Group Bhd's value of 1.59 is 43.6% below this benchmark. While the company's 10-year median is 2.40 vs. the industry median of 2.82, Melewar Industrial Group 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.82, based on 499 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. Melewar Industrial Group Bhd's current Debt-to-EBITDA of 1.59 is 43.6% 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 Melewar Industrial Group Bhd. For the Steel industry, the median Debt-to-EBITDA is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melewar Industrial Group Bhd's current Debt-to-EBITDA is 1.59, which is 34% below median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melewar Industrial Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Melewar Industrial Group Bhd (XKLS:3778) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.20, compared to a current price of RM0.13 — trading 35% below its estimated fair value. The current Debt-to-EBITDA is 1.59, which is 34% below median its 10-year median of 2.40 and 43.6% below the Steel industry median of 2.82. Melewar Industrial Group Bhd's overall GF Score™ is 41/100 with 3 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 Melewar Industrial Group Bhd (XKLS:3778), the current Debt-to-EBITDA is 1.59 as of Jun. 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 Melewar Industrial Group Bhd (XKLS:3778) Overvalued in 2026?

Based on GuruFocus' analysis, Melewar Industrial Group Bhd stock appears to be undervalued. The current stock price of RM0.13 is trading 35% below its estimated GF Value™ of RM0.20. GuruFocus considers Melewar Industrial Group Bhd to be Possible Value Trap.

Key valuation signals for XKLS:3778:

  • Debt-to-EBITDA: 1.59 (34% below median its 10-year median of 2.40)
  • GF Value™: RM0.20 vs. price of RM0.13 (35% below fair value)
  • GF Score™: 41/100 with 3 warning signs
  • Industry Position: 43.6% below the Steel median (#167 of 499)

No single metric tells the full story. See the XKLS:3778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Melewar Industrial Group Bhd Business Description

Address No. 566 Jalan Ipoh, 15th Floor, Kuala Lumpur, SGR, MYS, 51200
Melewar Industrial Group Bhd along with its subsidiaries, operates in four reportable segments. The Steel Tube segment is in the business of manufacturing and sales of steel pipes and tubes. The Cold Rolled Coil segment is in the business of manufacturing and sales of cold-rolled coils. The investment holding segment refers to companies with investments in subsidiaries and companies with investments in quoted and unquoted equity securities. Others comprise companies involved in the food, trade-retail business, modular construction, and metal scraps trading businesses. It generates maximum revenue from the Cold rolled coil segment. Geographically, the group derives maximum revenue from Malaysia.
41GF Score

Get the complete analysis for XKLS:3778

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

RM0.13
Price
RM0.20
GF Value