Thanasiri Group PCL (BKK:THANA) EV-to-EBITDA: -85.65 (As of Sep. 03, 2026)

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:THANA Thanasiri Group PCL BKK:THANA
56 GF Score
Price ฿1.58
GF Value ฿1.06
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Thanasiri Group PCL EV-to-EBITDA?

Thanasiri Group PCL BKK:THANA 56 EV-to-EBITDA is -85.65 as of Sep. 03, 2026. GuruFocus rates BKK:THANA with a GF Score™ of 56/100 and a GF Value™ of ฿1.06 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,378 Real Estate companies, Thanasiri Group PCL ranks worse than 72568.87% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Thanasiri Group PCL's enterprise value is ฿898.2 Mil. Thanasiri Group PCL's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ฿-10.5 Mil. Therefore, Thanasiri Group PCL's EV-to-EBITDA for today is -85.65.

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

BKK:THANA' s EV-to-EBITDA Range Over the Past 10 Years
Min: -1417.89   Med: 17.61   Max: 296.35
Current: -85.65

During the past 13 years, the highest EV-to-EBITDA of Thanasiri Group PCL was 296.35. The lowest was -1417.89. And the median was 17.61.

BKK:THANA's EV-to-EBITDA is ranked worse than
100% of 1378 companies
in the Real Estate industry
Industry Median: 12.28 vs BKK:THANA: -85.65

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 (2026-09-03), Thanasiri Group PCL's stock price is ฿1.58. Thanasiri Group PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ฿-0.090. Therefore, Thanasiri Group PCL's PE Ratio (TTM) for today is At Loss.

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


Thanasiri Group PCL  (BKK:THANA) 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.

Thanasiri Group PCL's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.58/-0.090
=At Loss

Thanasiri Group PCL's share price for today is ฿1.58.
Thanasiri Group 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 ฿-0.090.

* 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?


Thanasiri Group PCL EV-to-EBITDA Related Terms


Thanasiri Group PCL EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Thanasiri Group 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.

Thanasiri Group PCL EV-to-EBITDA Chart

Thanasiri Group 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 35.53 9.93 18.02 12.63 56.13

Thanasiri Group 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 30.97 57.33 56.13 69.57 -84.59

Thanasiri Group PCL EV-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, Thanasiri Group 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.


Thanasiri Group PCL EV-to-EBITDA vs Real Estate Industry

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

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


BKK:THANA
56GF Score
Thanasiri Group PCL BKK:THANA
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thanasiri Group PCL EV-to-EBITDA Calculation

Thanasiri Group PCL's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=898.154/-10.486
=-85.65

Thanasiri Group PCL's current Enterprise Value is ฿898.2 Mil.
Thanasiri Group 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 ฿-10.5 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 -85.65 mean?
Thanasiri Group PCL (BKK:THANA) has a EV-to-EBITDA of -85.65 as of Sep. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Thanasiri Group PCL. According to the industry distribution chart, Thanasiri Group PCL ranks #999999 out of 1378 companies in the Real Estate industry.
Is Thanasiri Group PCL's EV-to-EBITDA too high?
Thanasiri Group PCL's current EV-to-EBITDA is -85.65. Based on the distribution chart, Thanasiri Group PCL ranks #999999 out of 1378 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Thanasiri Group PCL has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thanasiri Group PCL's EV-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Thanasiri Group PCL ranks #999999 out of 1378 companies for EV-to-EBITDA. This places Thanasiri Group PCL in the lower half of its industry. The industry median EV-to-EBITDA is 12.28. 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 12.28, based on 1,378 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. 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 Thanasiri Group PCL. For the Real Estate industry, the median EV-to-EBITDA is 12.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thanasiri Group PCL's current EV-to-EBITDA is -85.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thanasiri Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Thanasiri Group PCL (BKK:THANA) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.06, compared to a current price of ฿1.58 — trading 49.1% above its estimated fair value. The current EV-to-EBITDA is -85.65. Thanasiri Group PCL's overall GF Score™ is 56/100 with 9 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 Thanasiri Group PCL (BKK:THANA), the current EV-to-EBITDA is -85.65 as of Sep. 03, 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 Thanasiri Group PCL (BKK:THANA) Overvalued in 2026?

Based on GuruFocus' analysis, Thanasiri Group PCL stock appears to be overvalued. The current stock price of ฿1.58 is trading 49.1% above its estimated GF Value™ of ฿1.06. GuruFocus considers Thanasiri Group PCL to be Significantly Overvalued.

Key valuation signals for BKK:THANA:

  • EV-to-EBITDA: -85.65
  • GF Value™: ฿1.06 vs. price of ฿1.58 (49.1% above fair value)
  • GF Score™: 56/100 with 9 warning signs

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


Thanasiri Group PCL Business Description

Address 650, 652 Baromratchonnanee Road, Bangbumru, Bangplad, Bangkok, THA, 10700
Thanasiri Group PCL is a Thailand-based company. It is engaged in the business of Property development for sale. The operations of the company are located in Thailand. The projects of the company include Thana Hibbati Pinklao - Sirindhorn, Thanasiri Ratchaphruek - Tha Nam Non, Thana Village Rama 5 - Bangyai, Thanasio Rattanathibet, and Thana Cluster Ratchapruek, among others. Its operating segments include Real estate business - horizontal, Service business, and Sell products business.
56GF Score

Get the complete analysis for BKK:THANA

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

฿1.58
Price
฿1.06
GF Value