KSL Holdings Bhd (XKLS:5038) Debt-to-EBITDA : 2.23 (As of Mar. 2026) — 519% Above Median

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XKLS:5038 KSL Holdings Bhd XKLS:5038
65 GF Score
Price RM2.94
GF Value RM2.18
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is KSL Holdings Bhd Debt-to-EBITDA?

KSL Holdings Bhd XKLS:5038 +3.89% 65 Debt-to-EBITDA is 2.23 as of Mar. 2026, which is 519% above its 10-year median of 0.36. GuruFocus rates XKLS:5038 with a GF Score™ of 65/100 and a GF Value™ of RM2.18 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,274 Real Estate companies, KSL Holdings Bhd ranks better than 83.36% on this metric.

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

KSL Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM861 Mil. KSL Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM0 Mil. KSL Holdings Bhd's annualized EBITDA for the quarter that ended in Mar. 2026 was RM386 Mil. KSL Holdings Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.23.

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

XKLS:5038' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.77   Med: 0.36   Max: 1.18
Current: 1.18

During the past 13 years, the highest Debt-to-EBITDA Ratio of KSL Holdings Bhd was 1.18. The lowest was -2.77. And the median was 0.36.

XKLS:5038's Debt-to-EBITDA is ranked better than
83.36% of 1274 companies
in the Real Estate industry
Industry Median: 5.53 vs XKLS:5038: 1.18

KSL Holdings Bhd  (XKLS:5038) 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.


KSL Holdings Bhd Debt-to-EBITDA Related Terms


KSL Holdings Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for KSL 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.

KSL Holdings Bhd Debt-to-EBITDA Chart

KSL Holdings 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 0.70 0.30 0.09 0.66 1.18

KSL 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 1.70 0.87 1.20 0.62 2.23

KSL Holdings Bhd Debt-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, KSL 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.


KSL Holdings Bhd Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, KSL Holdings Bhd's Debt-to-EBITDA distribution charts can be found below:

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


XKLS:5038
65GF Score
KSL Holdings Bhd XKLS:5038
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KSL Holdings Bhd Debt-to-EBITDA Calculation

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

KSL Holdings 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
=(831.723 + 0) / 704.861
=1.18

KSL 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
=(861.473 + 0) / 385.88
=2.23

* 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 2.23 mean?
KSL Holdings Bhd (XKLS:5038) has a Debt-to-EBITDA of 2.23 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 KSL Holdings Bhd. This is 519% above median its historical median of 0.36. According to the industry distribution chart, KSL Holdings Bhd ranks #212 out of 1274 companies in the Real Estate industry, placing it in the top 16.6%.
Is KSL Holdings Bhd's Debt-to-EBITDA too high?
KSL Holdings Bhd's current Debt-to-EBITDA of 2.23 is 519% above median its 10-year median of 0.36. The Real Estate industry median Debt-to-EBITDA is 5.53. KSL Holdings Bhd's value of 2.23 is 59.7% below this industry median. Based on the distribution chart, KSL Holdings Bhd ranks #212 out of 1274 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, KSL Holdings Bhd has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KSL Holdings Bhd's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, KSL Holdings Bhd ranks #212 out of 1274 companies for Debt-to-EBITDA. This places KSL Holdings Bhd in the top 17% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 5.53. KSL Holdings Bhd's value of 2.23 is 59.7% below this benchmark. While the company's 10-year median is 0.36 vs. the industry median of 5.53, KSL Holdings 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.53, based on 1,274 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. KSL Holdings Bhd's current Debt-to-EBITDA of 2.23 is 59.7% 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 KSL Holdings Bhd. For the Real Estate industry, the median Debt-to-EBITDA is 5.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KSL Holdings Bhd's current Debt-to-EBITDA is 2.23, which is 519% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KSL Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, KSL Holdings Bhd (XKLS:5038) is currently considered Significantly Overvalued. The stock's GF Value™ is RM2.18, compared to a current price of RM2.94 — trading 34.9% above its estimated fair value. The current Debt-to-EBITDA is 2.23, which is 519% above median its 10-year median of 0.36 and 59.7% below the Real Estate industry median of 5.53. KSL Holdings Bhd's overall GF Score™ is 65/100 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 KSL Holdings Bhd (XKLS:5038), the current Debt-to-EBITDA is 2.23 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 KSL Holdings Bhd (XKLS:5038) Overvalued in 2026?

Based on GuruFocus' analysis, KSL Holdings Bhd stock appears to be overvalued. The current stock price of RM2.94 is trading 34.9% above its estimated GF Value™ of RM2.18. GuruFocus considers KSL Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5038:

  • Debt-to-EBITDA: 2.23 (519% above median its 10-year median of 0.36)
  • GF Value™: RM2.18 vs. price of RM2.94 (34.9% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 59.7% below the Real Estate median (#212 of 1274)

No single metric tells the full story. See the XKLS:5038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KSL Holdings Bhd Business Description

Address Wisma KSL, No. 148, Batu 1 1/2, Jalan Buloh Kasap, Segamat, JHR, MYS, 85000
KSL Holdings Bhd is a holding company. It is engaged in real estate services. The company has four reportable segments: Property development, Property investment, Investment holding, and Car park operation. Property development includes the development of residential and commercial properties; Property investment includes an investment in real properties and hotels; Investment holding includes the provision of management services to the subsidiaries, and Car park operation includes car park management services. KSL derives the majority of its revenue from Property development.
65GF Score

Get the complete analysis for XKLS:5038

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

RM2.94
Price
RM2.18
GF Value