Nirvana Development PCL (BKK:NVD-R) EV-to-EBITDA: 24.79 (As of Aug. 29, 2026) — 14% Below 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:NVD-R Nirvana Development PCL BKK:NVD-R
40 GF Score
Price ฿0.75
GF Value ฿1.05
! 8 Warning Signs
View Full Analysis

What is Nirvana Development PCL EV-to-EBITDA?

Nirvana Development PCL BKK:NVD-R 40 EV-to-EBITDA is 24.79 as of Aug. 29, 2026, which is 14% below its 10-year median of 28.83. GuruFocus rates BKK:NVD-R with a GF Score™ of 40/100 and a GF Value™ of ฿1.05. The stock has 8 warning signs investors should review. Among 1,381 Real Estate companies, Nirvana Development PCL ranks worse than 78.57% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Nirvana Development PCL's enterprise value is ฿9,756 Mil. Nirvana Development PCL's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ฿394 Mil. Therefore, Nirvana Development PCL's EV-to-EBITDA for today is 24.79.

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

BKK:NVD-R' s EV-to-EBITDA Range Over the Past 10 Years
Min: -20.74   Med: 28.83   Max: 87.5
Current: 24.79

During the past 12 years, the highest EV-to-EBITDA of Nirvana Development PCL was 87.50. The lowest was -20.74. And the median was 28.83.

BKK:NVD-R's EV-to-EBITDA is ranked worse than
78.57% of 1381 companies
in the Real Estate industry
Industry Median: 12.27 vs BKK:NVD-R: 24.79

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 (2026-08-29), Nirvana Development PCL's stock price is ฿0.75. Nirvana Development PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ฿0.101. Therefore, Nirvana Development PCL's PE Ratio (TTM) for today is 7.43.

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


Nirvana Development PCL  (BKK:NVD-R) 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.

Nirvana Development PCL's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.75/0.101
=7.43

Nirvana Development PCL's share price for today is ฿0.75.
Nirvana Development 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 ฿0.101.

* 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?


Nirvana Development PCL EV-to-EBITDA Related Terms


Nirvana Development PCL EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Nirvana Development 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.

Nirvana Development PCL EV-to-EBITDA Chart

Nirvana Development 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 12.44 20.22 25.93 41.20 25.51

Nirvana Development 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 47.85 38.74 25.51 27.89 24.22

BKK:NVD-R vs CBRE, BEKE, JLL: EV-to-EBITDA Comparison

For the Real Estate Services subindustry, Nirvana Development 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.


Nirvana Development PCL EV-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nirvana Development PCL's EV-to-EBITDA distribution charts can be found below:

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


BKK:NVD-R
40GF Score
Nirvana Development PCL BKK:NVD-R
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nirvana Development PCL EV-to-EBITDA Calculation

Nirvana Development PCL's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=9755.720/393.578
=24.79

Nirvana Development PCL's current Enterprise Value is ฿9,756 Mil.
Nirvana Development 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 ฿394 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 24.79 mean?
Nirvana Development PCL (BKK:NVD-R) has a EV-to-EBITDA of 24.79 as of Aug. 29, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Nirvana Development PCL. This is 14% below median its historical median of 28.83. According to the industry distribution chart, Nirvana Development PCL ranks #1085 out of 1381 companies in the Real Estate industry, placing it in the top 78.6%.
Is Nirvana Development PCL's EV-to-EBITDA too high?
Nirvana Development PCL's current EV-to-EBITDA of 24.79 is 14% below median its 10-year median of 28.83. The Real Estate industry median EV-to-EBITDA is 12.27. Nirvana Development PCL's value of 24.79 is 102% above this industry median. Based on the distribution chart, Nirvana Development PCL ranks #1085 out of 1381 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Nirvana Development PCL has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Nirvana Development PCL's EV-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Nirvana Development PCL ranks #1085 out of 1381 companies for EV-to-EBITDA. This places Nirvana Development PCL in the lower half of its industry. The industry median EV-to-EBITDA is 12.27. Nirvana Development PCL's value of 24.79 is 102% above this benchmark. While the company's 10-year median is 28.83 vs. the industry median of 12.27, Nirvana Development 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 Real Estate company?
The median EV-to-EBITDA among Real Estate companies is 12.27, based on 1,381 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. Nirvana Development PCL's current EV-to-EBITDA of 24.79 is 102% 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 Nirvana Development PCL. For the Real Estate industry, the median EV-to-EBITDA is 12.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nirvana Development PCL's current EV-to-EBITDA is 24.79, which is 14% below median its own 10-year median of 28.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nirvana Development PCL stock overvalued right now?
Nirvana Development PCL (BKK:NVD-R) has a current EV-to-EBITDA of 24.79. The stock's GF Value™ is ฿1.05, compared to a current price of ฿0.75 — trading 28.6% below its estimated fair value. The current EV-to-EBITDA is 24.79, which is 14% below median its 10-year median of 28.83 and 102% above the Real Estate industry median of 12.27. Nirvana Development PCL's overall GF Score™ is 40/100 with 8 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 Nirvana Development PCL (BKK:NVD-R), the current EV-to-EBITDA is 24.79 as of Aug. 29, 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 Nirvana Development PCL (BKK:NVD-R) Overvalued in 2026?

Based on GuruFocus' analysis, Nirvana Development PCL stock appears to be undervalued. The current stock price of ฿0.75 is trading 28.6% below its estimated GF Value™ of ฿1.05.

Key valuation signals for BKK:NVD-R:

  • EV-to-EBITDA: 24.79 (14% below median its 10-year median of 28.83)
  • GF Value™: ฿1.05 vs. price of ฿0.75 (28.6% below fair value)
  • GF Score™: 40/100 with 8 warning signs
  • Industry Position: 102% above the Real Estate median (#1085 of 1381)

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


Nirvana Development PCL Business Description

Other Exchanges NVD:Thailand
Address 343/351 Prasert Manukit Road, Nuanchan Sub-district, Buengkum District, Bangkok, THA, 10230
Nirvana Development PCL is engaged in the development of real estate for sale, construction services, and distribution of precast concrete products in Thailand. The company has three segments: Real Estate, Construction, and Others. Majority of revenue is from Real estate segment.
40GF Score

Get the complete analysis for BKK:NVD-R

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

฿0.75
Price
฿1.05
GF Value