Ornapaper Bhd (XKLS:5065) Debt-to-EBITDA : 5.31 (As of Mar. 2026) — 126% Above 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:5065 Ornapaper Bhd XKLS:5065
39 GF Score
Price RM0.69
GF Value RM0.92
Valuation Modestly Undervalued
! 13 Warning Signs
View Full Analysis

What is Ornapaper Bhd Debt-to-EBITDA?

Ornapaper Bhd XKLS:5065 -2.82% 39 Debt-to-EBITDA is 5.31 as of Mar. 2026, which is 126% above its 10-year median of 2.35. GuruFocus rates XKLS:5065 with a GF Score™ of 39/100 and a GF Value™ of RM0.92 (Modestly Undervalued). The stock has 13 warning signs investors should review. Among 333 Packaging & Containers companies, Ornapaper Bhd ranks worse than 72.97% on this metric.

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

Ornapaper Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM62.9 Mil. Ornapaper Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM37.0 Mil. Ornapaper Bhd's annualized EBITDA for the quarter that ended in Mar. 2026 was RM18.8 Mil. Ornapaper Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 5.31.

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

XKLS:5065' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.91   Med: 2.35   Max: 4.57
Current: 4.57

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ornapaper Bhd was 4.57. The lowest was 1.91. And the median was 2.35.

XKLS:5065's Debt-to-EBITDA is ranked worse than
72.97% of 333 companies
in the Packaging & Containers industry
Industry Median: 2.57 vs XKLS:5065: 4.57

Ornapaper Bhd  (XKLS:5065) 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.


Ornapaper Bhd Debt-to-EBITDA Related Terms


Ornapaper Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ornapaper 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.

Ornapaper Bhd Debt-to-EBITDA Chart

Ornapaper 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 2.93 3.49 2.62 3.90 4.46

Ornapaper 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 4.17 4.45 4.45 3.66 5.31

XKLS:5065 vs SW, PKG, IP: Debt-to-EBITDA Comparison

For the Packaging & Containers subindustry, Ornapaper 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.


Ornapaper Bhd Debt-to-EBITDA vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ornapaper Bhd's Debt-to-EBITDA distribution charts can be found below:

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


XKLS:5065
39GF Score
Ornapaper Bhd XKLS:5065
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ornapaper Bhd Debt-to-EBITDA Calculation

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

Ornapaper 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
=(62.845 + 37.12) / 22.395
=4.46

Ornapaper 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
=(62.92 + 36.969) / 18.82
=5.31

* 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 5.31 mean?
Ornapaper Bhd (XKLS:5065) has a Debt-to-EBITDA of 5.31 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 Ornapaper Bhd. This is 126% above median its historical median of 2.35. Over the past decade, Ornapaper Bhd's Debt-to-EBITDA has ranged from 1.91 to 4.57. According to the industry distribution chart, Ornapaper Bhd ranks #243 out of 333 companies in the Packaging & Containers industry, placing it in the top 73%.
Is Ornapaper Bhd's Debt-to-EBITDA too high?
Ornapaper Bhd's current Debt-to-EBITDA of 5.31 is 126% above median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 4.57. The Packaging & Containers industry median Debt-to-EBITDA is 2.57. Ornapaper Bhd's value of 5.31 is 106.6% above this industry median. Based on the distribution chart, Ornapaper Bhd ranks #243 out of 333 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Ornapaper Bhd has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ornapaper Bhd's Debt-to-EBITDA compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Ornapaper Bhd ranks #243 out of 333 companies for Debt-to-EBITDA. This places Ornapaper Bhd in the lower half of its industry. The industry median Debt-to-EBITDA is 2.57. Ornapaper Bhd's value of 5.31 is 106.6% above this benchmark. Historically, Ornapaper Bhd's own Debt-to-EBITDA has ranged from 1.91 to 4.57 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 2.57, Ornapaper 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 Packaging & Containers company?
The median Debt-to-EBITDA among Packaging & Containers companies is 2.57, based on 333 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. Ornapaper Bhd's current Debt-to-EBITDA of 5.31 is 106.6% 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 Ornapaper Bhd. For the Packaging & Containers industry, the median Debt-to-EBITDA is 2.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ornapaper Bhd's current Debt-to-EBITDA is 5.31, which is 126% above median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ornapaper Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ornapaper Bhd (XKLS:5065) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.92, compared to a current price of RM0.69 — trading 25% below its estimated fair value. The current Debt-to-EBITDA is 5.31, which is 126% above median its 10-year median of 2.35 and 106.6% above the Packaging & Containers industry median of 2.57. Ornapaper Bhd's overall GF Score™ is 39/100 with 13 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 Ornapaper Bhd (XKLS:5065), the current Debt-to-EBITDA is 5.31 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 Ornapaper Bhd (XKLS:5065) Overvalued in 2026?

Based on GuruFocus' analysis, Ornapaper Bhd stock appears to be undervalued. The current stock price of RM0.69 is trading 25% below its estimated GF Value™ of RM0.92. GuruFocus considers Ornapaper Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5065:

  • Debt-to-EBITDA: 5.31 (126% above median its 10-year median of 2.35)
  • GF Value™: RM0.92 vs. price of RM0.69 (25% below fair value)
  • GF Score™: 39/100 with 13 warning signs
  • Industry Position: 106.6% above the Packaging & Containers median (#243 of 333)

No single metric tells the full story. See the XKLS:5065 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ornapaper Bhd Business Description

Address Number 8998, Kawasan Perindustrian, Peringkat IV, Batu Berendam, Melaka, MYS, 75350
Ornapaper Bhd is an investment holding company. The company, through its wholly-owned subsidiaries, manufactures and supplies corrugated boards and carton boxes. The company's product offerings include corrugated boxes in various types, including regular slotted cartons, top and bottom, five-panel folders, half slotted cartons, full overlap slotted cartons, L shape, H shape, nesting, die-cut, and others. Its operations are carried on in Malaysia, Asia and USA. The majority of revenue is generated from Malaysia.
39GF Score

Get the complete analysis for XKLS:5065

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

RM0.69
Price
RM0.92
GF Value