KCE Electronics PCL (BKK:KCE) EV-to-EBITDA: 29.90 (As of Aug. 20, 2026) — 101% 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.

BKK:KCE KCE Electronics PCL BKK:KCE
76 GF Score
Price ฿55.50
GF Value ฿30.53
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is KCE Electronics PCL EV-to-EBITDA?

KCE Electronics PCL BKK:KCE +3.26% 76 EV-to-EBITDA is 29.90 as of Aug. 20, 2026, which is 101% above its 10-year median of 14.89. GuruFocus rates BKK:KCE with a GF Score™ of 76/100 and a GF Value™ of ฿30.53 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,890 Hardware companies, KCE Electronics PCL ranks worse than 68.99% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, KCE Electronics PCL's enterprise value is ฿65,329 Mil. KCE Electronics PCL's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ฿2,185 Mil. Therefore, KCE Electronics PCL's EV-to-EBITDA for today is 29.90.

The historical rank and industry rank for KCE Electronics PCL's EV-to-EBITDA or its related term are showing as below:

BKK:KCE' s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.46   Med: 14.89   Max: 34.87
Current: 29.9

During the past 13 years, the highest EV-to-EBITDA of KCE Electronics PCL was 34.87. The lowest was 6.46. And the median was 14.89.

BKK:KCE's EV-to-EBITDA is ranked worse than
68.99% of 1890 companies
in the Hardware industry
Industry Median: 14.59 vs BKK:KCE: 29.90

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-20), KCE Electronics PCL's stock price is ฿55.50. KCE Electronics PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ฿0.780. Therefore, KCE Electronics PCL's PE Ratio (TTM) for today is 71.15.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


KCE Electronics PCL  (BKK:KCE) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

KCE Electronics PCL's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=55.50/0.780
=71.15

KCE Electronics PCL's share price for today is ฿55.50.
KCE Electronics PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.780.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


KCE Electronics PCL EV-to-EBITDA Related Terms


KCE Electronics PCL EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for KCE Electronics PCL's EV-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.

KCE Electronics PCL EV-to-EBITDA Chart

KCE Electronics PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.06 15.83 21.29 9.81 10.03

KCE Electronics PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-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 9.86 11.86 10.03 12.44 22.46

BKK:KCE vs APH, GLW, TEL: EV-to-EBITDA Comparison

For the Electronic Components subindustry, KCE Electronics PCL's EV-to-EBITDA, along with its competitors' market caps and EV-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.


KCE Electronics PCL EV-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, KCE Electronics PCL's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where KCE Electronics PCL's EV-to-EBITDA falls into.


BKK:KCE
76GF Score
KCE Electronics PCL BKK:KCE
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KCE Electronics PCL EV-to-EBITDA Calculation

KCE Electronics PCL's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=65329.087/2184.843
=29.90

KCE Electronics PCL's current Enterprise Value is ฿65,329 Mil.
KCE Electronics PCL's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿2,185 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 29.90 mean?
KCE Electronics PCL (BKK:KCE) has a EV-to-EBITDA of 29.90 as of Aug. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on KCE Electronics PCL. This is 101% above median its historical median of 14.89. Over the past decade, KCE Electronics PCL's EV-to-EBITDA has ranged from 6.46 to 34.87. According to the industry distribution chart, KCE Electronics PCL ranks #1304 out of 1890 companies in the Hardware industry, placing it in the top 69%.
Is KCE Electronics PCL's EV-to-EBITDA too high?
KCE Electronics PCL's current EV-to-EBITDA of 29.90 is 101% above median its 10-year median of 14.89. Over the past 10 years, this metric has ranged from a low of 6.46 to a high of 34.87. The Hardware industry median EV-to-EBITDA is 14.59. KCE Electronics PCL's value of 29.90 is 104.9% above this industry median. Based on the distribution chart, KCE Electronics PCL ranks #1304 out of 1890 companies in the Hardware industry, which is below the industry midpoint. Overall, KCE Electronics PCL has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KCE Electronics PCL's EV-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, KCE Electronics PCL ranks #1304 out of 1890 companies for EV-to-EBITDA. This places KCE Electronics PCL in the lower half of its industry. The industry median EV-to-EBITDA is 14.59. KCE Electronics PCL's value of 29.90 is 104.9% above this benchmark. Historically, KCE Electronics PCL's own EV-to-EBITDA has ranged from 6.46 to 34.87 over the past decade. While the company's 10-year median is 14.89 vs. the industry median of 14.59, KCE Electronics PCL 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 EV-to-EBITDA for a Hardware company?
The median EV-to-EBITDA among Hardware companies is 14.59, based on 1,890 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KCE Electronics PCL's current EV-to-EBITDA of 29.90 is 104.9% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on KCE Electronics PCL. For the Hardware industry, the median EV-to-EBITDA is 14.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KCE Electronics PCL's current EV-to-EBITDA is 29.90, which is 101% above median its own 10-year median of 14.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KCE Electronics PCL stock overvalued right now?
Based on GuruFocus' analysis, KCE Electronics PCL (BKK:KCE) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿30.53, compared to a current price of ฿55.50 — trading 81.8% above its estimated fair value. The current EV-to-EBITDA is 29.90, which is 101% above median its 10-year median of 14.89 and 104.9% above the Hardware industry median of 14.59. KCE Electronics PCL's overall GF Score™ is 76/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For KCE Electronics PCL (BKK:KCE), the current EV-to-EBITDA is 29.90 as of Aug. 20, 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 KCE Electronics PCL (BKK:KCE) Overvalued in 2026?

Based on GuruFocus' analysis, KCE Electronics PCL stock appears to be overvalued. The current stock price of ฿55.50 is trading 81.8% above its estimated GF Value™ of ฿30.53. GuruFocus considers KCE Electronics PCL to be Significantly Overvalued.

Key valuation signals for BKK:KCE:

  • EV-to-EBITDA: 29.90 (101% above median its 10-year median of 14.89)
  • GF Value™: ฿30.53 vs. price of ฿55.50 (81.8% above fair value)
  • GF Score™: 76/100 with 10 warning signs
  • Industry Position: 104.9% above the Hardware median (#1304 of 1890)

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


KCE Electronics PCL Business Description

Other Exchanges KCE-F:ThailandNVPA:Germany
Address No. 72-72/1-3 Soi Chalongkrung 31, Kwang Lumplatew, Khet Lat Krabang, Bangkok, THA, 10520
KCE Electronics PCL and its subsidiaries manufacture and distribute printed circuit boards. The company is based in Thailand but earns the majority of its revenue internationally. It has three segments: Manufacturing and distributing of Prepreg and Laminate; Manufacturing and distributing of Printed Circuit Board; and Manufacturing and distributing of Chemical. The company manufactures printed circuit boards that are used in a variety of industries, including automotive, computer, industrial, and telecommunications systems. The company also manufactures and distributes chemicals and laminate products. The majority of its revenue is earned in Europe.
76GF Score

Get the complete analysis for BKK:KCE

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

฿55.50
Price
฿30.53
GF Value