Thong Guan Industries Bhd (XKLS:7034) Debt-to-EBITDA : 1.26 (As of Mar. 2026) — Near Median

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XKLS:7034 Thong Guan Industries Bhd XKLS:7034
78 GF Score
Price RM1.53
GF Value RM1.75
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Thong Guan Industries Bhd Debt-to-EBITDA?

Thong Guan Industries Bhd XKLS:7034 +1.32% 78 Debt-to-EBITDA is 1.26 as of Mar. 2026, which is 9% below its 10-year median of 1.39. GuruFocus rates XKLS:7034 with a GF Score™ of 78/100 and a GF Value™ of RM1.75 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 338 Packaging & Containers companies, Thong Guan Industries Bhd ranks better than 67.46% on this metric.

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

Thong Guan Industries Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM171 Mil. Thong Guan Industries Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM22 Mil. Thong Guan Industries Bhd's annualized EBITDA for the quarter that ended in Mar. 2026 was RM152 Mil. Thong Guan Industries Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.26.

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

XKLS:7034' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.66   Med: 1.39   Max: 1.67
Current: 1.5

During the past 13 years, the highest Debt-to-EBITDA Ratio of Thong Guan Industries Bhd was 1.67. The lowest was 0.66. And the median was 1.39.

XKLS:7034's Debt-to-EBITDA is ranked better than
67.46% of 338 companies
in the Packaging & Containers industry
Industry Median: 2.555 vs XKLS:7034: 1.50

Thong Guan Industries Bhd  (XKLS:7034) 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.


Thong Guan Industries Bhd Debt-to-EBITDA Related Terms


Thong Guan Industries Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Thong Guan Industries 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.

Thong Guan Industries Bhd Debt-to-EBITDA Chart

Thong Guan Industries 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 1.20 1.41 1.46 1.55 1.48

Thong Guan Industries 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 1.54 1.50 1.70 1.50 1.26

XKLS:7034 vs SW, PKG, IP: Debt-to-EBITDA Comparison

For the Packaging & Containers subindustry, Thong Guan Industries 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.


Thong Guan Industries Bhd Debt-to-EBITDA vs Packaging & Containers Industry

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

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


XKLS:7034
78GF Score
Thong Guan Industries Bhd XKLS:7034
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thong Guan Industries Bhd Debt-to-EBITDA Calculation

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

Thong Guan Industries 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
=(166.298 + 15.262) / 122.594
=1.48

Thong Guan Industries 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
=(171.071 + 21.704) / 152.496
=1.26

* 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 1.26 mean?
Thong Guan Industries Bhd (XKLS:7034) has a Debt-to-EBITDA of 1.26 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 Thong Guan Industries Bhd. This is near median its historical median of 1.39. Over the past decade, Thong Guan Industries Bhd's Debt-to-EBITDA has ranged from 0.66 to 1.67. According to the industry distribution chart, Thong Guan Industries Bhd ranks #110 out of 338 companies in the Packaging & Containers industry, placing it in the top 32.5%.
Is Thong Guan Industries Bhd's Debt-to-EBITDA too high?
Thong Guan Industries Bhd's current Debt-to-EBITDA of 1.26 is near median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.67. The Packaging & Containers industry median Debt-to-EBITDA is 2.56. Thong Guan Industries Bhd's value of 1.26 is 50.7% below this industry median. Based on the distribution chart, Thong Guan Industries Bhd ranks #110 out of 338 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Thong Guan Industries Bhd has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thong Guan Industries Bhd's Debt-to-EBITDA compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thong Guan Industries Bhd ranks #110 out of 338 companies for Debt-to-EBITDA. This puts Thong Guan Industries Bhd in the upper half of its industry. The industry median Debt-to-EBITDA is 2.56. Thong Guan Industries Bhd's value of 1.26 is 50.7% below this benchmark. Historically, Thong Guan Industries Bhd's own Debt-to-EBITDA has ranged from 0.66 to 1.67 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 2.56, Thong Guan Industries 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 Packaging & Containers company?
The median Debt-to-EBITDA among Packaging & Containers companies is 2.56, based on 338 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. Thong Guan Industries Bhd's current Debt-to-EBITDA of 1.26 is 50.7% 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 Thong Guan Industries Bhd. For the Packaging & Containers industry, the median Debt-to-EBITDA is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thong Guan Industries Bhd's current Debt-to-EBITDA is 1.26, which is near median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thong Guan Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Thong Guan Industries Bhd (XKLS:7034) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.75, compared to a current price of RM1.53 — trading 12.6% below its estimated fair value. The current Debt-to-EBITDA is 1.26, which is near median its 10-year median of 1.39 and 50.7% below the Packaging & Containers industry median of 2.56. Thong Guan Industries Bhd's overall GF Score™ is 78/100 with 10 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 Thong Guan Industries Bhd (XKLS:7034), the current Debt-to-EBITDA is 1.26 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 Thong Guan Industries Bhd (XKLS:7034) Overvalued in 2026?

Based on GuruFocus' analysis, Thong Guan Industries Bhd stock appears to be undervalued. The current stock price of RM1.53 is trading 12.6% below its estimated GF Value™ of RM1.75. GuruFocus considers Thong Guan Industries Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7034:

  • Debt-to-EBITDA: 1.26 (near median its 10-year median of 1.39)
  • GF Value™: RM1.75 vs. price of RM1.53 (12.6% below fair value)
  • GF Score™: 78/100 with 10 warning signs
  • Industry Position: 50.7% below the Packaging & Containers median (#110 of 338)

No single metric tells the full story. See the XKLS:7034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thong Guan Industries Bhd Business Description

Address Lot 52, Jalan PKNK 1/6, Kawasan Perusahaan Sungai Petani, Sungai Petani, KDH, MYS, 08000
Thong Guan Industries Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the firm is engaged in the trading of plastic packaging and petroleum products. It operates in two segments, including Plastic products and Food, beverages, and other consumable products. The company generates the majority of the revenue from the plastic products segment, which comprises stretch films, garbage bags, industrial bags, and PVC (Polyvinyl chloride) food wrap. Geographical presence is in Malaysia, Oceania, Europe, North America, other Asian countries, and others.
78GF Score

Get the complete analysis for XKLS:7034

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

RM1.53
Price
RM1.75
GF Value