Invictus Investment Co (ADX:INVICTUS) Debt-to-EBITDA : 4.94 (As of Dec. 2025) — 124% 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.

ADX:INVICTUS Invictus Investment Co PLC ADX:INVICTUS
50 GF Score
Price د.إ1.82
GF Value د.إ3.65
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Invictus Investment Co Debt-to-EBITDA?

Invictus Investment Co ADX:INVICTUS +4.00% 50 Debt-to-EBITDA is 4.94 as of Dec. 2025, which is 124% above its 10-year median of 2.21. GuruFocus rates ADX:INVICTUS with a GF Score™ of 50/100 and a GF Value™ of د.إ3.65 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 258 Retail - Defensive companies, Invictus Investment Co ranks worse than 87.6% on this metric.

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

Invictus Investment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was د.إ3,516 Mil. Invictus Investment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was د.إ596 Mil. Invictus Investment Co's annualized EBITDA for the quarter that ended in Dec. 2025 was د.إ833 Mil. Invictus Investment Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 4.94.

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 Invictus Investment Co's Debt-to-EBITDA or its related term are showing as below:

ADX:INVICTUS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.47   Med: 2.21   Max: 9.09
Current: 6.06

During the past 7 years, the highest Debt-to-EBITDA Ratio of Invictus Investment Co was 9.09. The lowest was 1.47. And the median was 2.21.

ADX:INVICTUS's Debt-to-EBITDA is ranked worse than
87.6% of 258 companies
in the Retail - Defensive industry
Industry Median: 2.1 vs ADX:INVICTUS: 6.06

Invictus Investment Co  (ADX:INVICTUS) 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.


Invictus Investment Co Debt-to-EBITDA Related Terms


Invictus Investment Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Invictus Investment Co'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.

Invictus Investment Co Debt-to-EBITDA Chart

Invictus Investment Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 1.53 1.47 3.51 9.09 6.06

Invictus Investment Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.06 4.56 8.49 7.20 4.94

ADX:INVICTUS vs SYY, USFD, PFGC: Debt-to-EBITDA Comparison

For the Food Distribution subindustry, Invictus Investment Co'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.


Invictus Investment Co Debt-to-EBITDA vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Invictus Investment Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Invictus Investment Co's Debt-to-EBITDA falls into.


ADX:INVICTUS
50GF Score
Invictus Investment Co PLC ADX:INVICTUS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Invictus Investment Co Debt-to-EBITDA Calculation

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

Invictus Investment Co'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
=(3516.309 + 595.516) / 678.147
=6.06

Invictus Investment Co's annualized Debt-to-EBITDA for the quarter 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
=(3516.309 + 595.516) / 833.118
=4.94

* 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 two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.94 mean?
Invictus Investment Co (ADX:INVICTUS) has a Debt-to-EBITDA of 4.94 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Invictus Investment Co. This is 124% above median its historical median of 2.21. Over the past decade, Invictus Investment Co's Debt-to-EBITDA has ranged from 1.47 to 9.09. According to the industry distribution chart, Invictus Investment Co ranks #226 out of 258 companies in the Retail - Defensive industry, placing it in the top 87.6%.
Is Invictus Investment Co's Debt-to-EBITDA too high?
Invictus Investment Co's current Debt-to-EBITDA of 4.94 is 124% above median its 10-year median of 2.21. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 9.09. The Retail - Defensive industry median Debt-to-EBITDA is 2.10. Invictus Investment Co's value of 4.94 is 135.2% above this industry median. Based on the distribution chart, Invictus Investment Co ranks #226 out of 258 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Invictus Investment Co has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Invictus Investment Co's Debt-to-EBITDA compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Invictus Investment Co ranks #226 out of 258 companies for Debt-to-EBITDA. This places Invictus Investment Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.10. Invictus Investment Co's value of 4.94 is 135.2% above this benchmark. Historically, Invictus Investment Co's own Debt-to-EBITDA has ranged from 1.47 to 9.09 over the past decade. While the company's 10-year median is 2.21 vs. the industry median of 2.10, Invictus Investment Co 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 a Retail - Defensive company?
The median Debt-to-EBITDA among Retail - Defensive companies is 2.10, based on 258 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. Invictus Investment Co's current Debt-to-EBITDA of 4.94 is 135.2% 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 Invictus Investment Co. For the Retail - Defensive industry, the median Debt-to-EBITDA is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Invictus Investment Co's current Debt-to-EBITDA is 4.94, which is 124% above median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invictus Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Invictus Investment Co (ADX:INVICTUS) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ3.65, compared to a current price of د.إ1.82 — trading 50.1% below its estimated fair value. The current Debt-to-EBITDA is 4.94, which is 124% above median its 10-year median of 2.21 and 135.2% above the Retail - Defensive industry median of 2.10. Invictus Investment Co's overall GF Score™ is 50/100 with 5 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 Invictus Investment Co (ADX:INVICTUS), the current Debt-to-EBITDA is 4.94 as of Dec. 2025. 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 Invictus Investment Co (ADX:INVICTUS) Overvalued in 2026?

Based on GuruFocus' analysis, Invictus Investment Co stock appears to be undervalued. The current stock price of د.إ1.82 is trading 50.1% below its estimated GF Value™ of د.إ3.65. GuruFocus considers Invictus Investment Co to be Significantly Undervalued.

Key valuation signals for ADX:INVICTUS:

  • Debt-to-EBITDA: 4.94 (124% above median its 10-year median of 2.21)
  • GF Value™: د.إ3.65 vs. price of د.إ1.82 (50.1% below fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 135.2% above the Retail - Defensive median (#226 of 258)

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


Invictus Investment Co Business Description

Address Dubai Airport Freezone Authority, Plot W34, Dubai, ARE
Invictus Investment Co PLC engages in the trading of agricultural commodities, food products, non-manufactured precious metal trading, and other general items. The group operates two reportable segments - International Trading Business and Agri Commodities Wholesale Trading & Local Distribution in Morocco, out of which it derives maximum revenue from the International Trading Business segment. It specializes in trading various commodities, especially agro-food products, and finished goods trading business across Africa, the Middle East, Europe, the Americas, and Asia. It trades Grains, Oilseeds, Edible Oils, Animal Feed, Pulses, spray-dried Gum Arabic, and Meats, among other products.
50GF Score

Get the complete analysis for ADX:INVICTUS

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

د.إ1.82
Price
د.إ3.65
GF Value