Wasco Bhd (XKLS:5142) Debt-to-EBITDA : 3.17 (As of Mar. 2026) — 24% 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:5142 Wasco Bhd XKLS:5142
54 GF Score
Price RM0.71
GF Value RM0.91
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Wasco Bhd Debt-to-EBITDA?

Wasco Bhd XKLS:5142 54 Debt-to-EBITDA is 3.17 as of Mar. 2026, which is 24% above its 10-year median of 2.55. GuruFocus rates XKLS:5142 with a GF Score™ of 54/100 and a GF Value™ of RM0.91 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 706 Oil & Gas companies, Wasco Bhd ranks better than 53.54% on this metric.

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

Wasco Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM219 Mil. Wasco Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM324 Mil. Wasco Bhd's annualized EBITDA for the quarter that ended in Mar. 2026 was RM172 Mil. Wasco Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.17.

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

XKLS:5142' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -11.29   Med: 2.55   Max: 460.3
Current: 1.86

During the past 13 years, the highest Debt-to-EBITDA Ratio of Wasco Bhd was 460.30. The lowest was -11.29. And the median was 2.55.

XKLS:5142's Debt-to-EBITDA is ranked better than
53.54% of 706 companies
in the Oil & Gas industry
Industry Median: 2.035 vs XKLS:5142: 1.86

Wasco Bhd  (XKLS:5142) 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.


Wasco Bhd Debt-to-EBITDA Related Terms


Wasco Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Wasco 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.

Wasco Bhd Debt-to-EBITDA Chart

Wasco 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 460.30 5.44 2.58 1.98 1.84

Wasco 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 2.10 2.32 2.20 1.47 3.17

XKLS:5142 vs SLB, BKR, FTI: Debt-to-EBITDA Comparison

For the Oil & Gas Equipment & Services subindustry, Wasco 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.


Wasco Bhd Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wasco Bhd's Debt-to-EBITDA distribution charts can be found below:

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


XKLS:5142
54GF Score
Wasco Bhd XKLS:5142
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wasco Bhd Debt-to-EBITDA Calculation

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

Wasco 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
=(268.643 + 335.917) / 327.994
=1.84

Wasco 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
=(218.839 + 324.296) / 171.528
=3.17

* 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 3.17 mean?
Wasco Bhd (XKLS:5142) has a Debt-to-EBITDA of 3.17 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 Wasco Bhd. This is 24% above median its historical median of 2.55. According to the industry distribution chart, Wasco Bhd ranks #328 out of 706 companies in the Oil & Gas industry, placing it in the top 46.5%.
Is Wasco Bhd's Debt-to-EBITDA too high?
Wasco Bhd's current Debt-to-EBITDA of 3.17 is 24% above median its 10-year median of 2.55. The Oil & Gas industry median Debt-to-EBITDA is 2.04. Wasco Bhd's value of 3.17 is 55.8% above this industry median. Based on the distribution chart, Wasco Bhd ranks #328 out of 706 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Wasco Bhd has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wasco Bhd's Debt-to-EBITDA compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Wasco Bhd ranks #328 out of 706 companies for Debt-to-EBITDA. This puts Wasco Bhd in the upper half of its industry. The industry median Debt-to-EBITDA is 2.04. Wasco Bhd's value of 3.17 is 55.8% above this benchmark. While the company's 10-year median is 2.55 vs. the industry median of 2.04, Wasco 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 an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.04, based on 706 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. Wasco Bhd's current Debt-to-EBITDA of 3.17 is 55.8% 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 Wasco Bhd. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wasco Bhd's current Debt-to-EBITDA is 3.17, which is 24% above median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wasco Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wasco Bhd (XKLS:5142) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.91, compared to a current price of RM0.71 — trading 22% below its estimated fair value. The current Debt-to-EBITDA is 3.17, which is 24% above median its 10-year median of 2.55 and 55.8% above the Oil & Gas industry median of 2.04. Wasco Bhd's overall GF Score™ is 54/100 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 Wasco Bhd (XKLS:5142), the current Debt-to-EBITDA is 3.17 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 Wasco Bhd (XKLS:5142) Overvalued in 2026?

Based on GuruFocus' analysis, Wasco Bhd stock appears to be undervalued. The current stock price of RM0.71 is trading 22% below its estimated GF Value™ of RM0.91. GuruFocus considers Wasco Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5142:

  • Debt-to-EBITDA: 3.17 (24% above median its 10-year median of 2.55)
  • GF Value™: RM0.91 vs. price of RM0.71 (22% below fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 55.8% above the Oil & Gas median (#328 of 706)

No single metric tells the full story. See the XKLS:5142 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wasco Bhd Business Description

Industry EnergyOil & Gas
Address The Gardens North Tower, Suite 19.01, Level 19, Mid Valley City, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
Wasco Bhd is engaged in the business of specialized pipe coating and corrosion protection services; Engineering, Procurement, and Construction (EPC) of gas compressors and process equipment, and provision of bioenergy services. Its segments include the Energy solutions services division; the Bioenergy services division; the Trading division; and Others. It derives the majority of its revenue from the Energy solutions services division that provides pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/onshore field development facilities, and the provision of specialized equipment and services to the power generation, oleochemical, and petrochemical industries.
54GF Score

Get the complete analysis for XKLS:5142

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

RM0.71
Price
RM0.91
GF Value