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Amer SportsAS +1.73%68 Debt-to-EBITDA is 0.82 as of Jun. 2026, which is 94% below its 10-year median of 14.71. GuruFocus rates AS with a GF Score™ of 68/100 and a GF Value™ of $37.34 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 658 Travel & Leisure companies, Amer Sports ranks better than 73.25% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Amer Sports's Debt-to-EBITDA or its related term are showing as below:
AS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.99 Med: 14.71 Max: 24.14
Current: 0.99
During the past 6 years, the highest Debt-to-EBITDA Ratio of Amer Sports was 24.14. The lowest was 0.99. And the median was 14.71.
AS's Debt-to-EBITDA is ranked better than 73.25% of 658
companies
in the Travel & Leisure industry
Industry Median: 2.44
vs AS: 0.99
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.
Amer Sports Debt-to-EBITDA Related Terms
Amer Sports Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Amer Sports'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.
For the Leisure subindustry, Amer Sports'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.
Amer Sports Debt-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Amer Sports's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Amer Sports's Debt-to-EBITDA falls into.
* 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 (Jun. 2026) EBITDA data.
Amer Sports (AS) has a Debt-to-EBITDA of 0.82 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Amer Sports. This is 94% below median its historical median of 14.71. Over the past decade, Amer Sports' Debt-to-EBITDA has ranged from 0.99 to 24.14. According to the industry distribution chart, Amer Sports ranks #176 out of 658 companies in the Travel & Leisure industry, placing it in the top 26.7%.
Is Amer Sports' Debt-to-EBITDA too high?
Amer Sports' current Debt-to-EBITDA of 0.82 is 94% below median its 10-year median of 14.71. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 24.14. The Travel & Leisure industry median Debt-to-EBITDA is 2.44. Amer Sports' value of 0.82 is 66.4% below this industry median. Based on the distribution chart, Amer Sports ranks #176 out of 658 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Amer Sports has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Amer Sports' Debt-to-EBITDA compare to HAS and LTH?
According to the Travel & Leisure industry distribution chart, Amer Sports ranks #176 out of 658 companies for Debt-to-EBITDA. This puts Amer Sports in the upper half of its industry. The industry median Debt-to-EBITDA is 2.44. Amer Sports' value of 0.82 is 66.4% below this benchmark. Historically, Amer Sports' own Debt-to-EBITDA has ranged from 0.99 to 24.14 over the past decade. While the company's 10-year median is 14.71 vs. the industry median of 2.44, Amer Sports 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 Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.44, based on 658 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. Amer Sports's current Debt-to-EBITDA of 0.82 is 66.4% 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 Amer Sports. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amer Sports's current Debt-to-EBITDA is 0.82, which is 94% below median its own 10-year median of 14.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amer Sports stock overvalued right now?
Based on GuruFocus' analysis, Amer Sports (AS) is currently considered Modestly Undervalued. The stock's GF Value™ is $37.34, compared to a current price of $26.73 — trading 28.4% below its estimated fair value. The current Debt-to-EBITDA is 0.82, which is 94% below median its 10-year median of 14.71 and 66.4% below the Travel & Leisure industry median of 2.44. Amer Sports' overall GF Score™ is 68/100 with 1 warning sign 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 Amer Sports (AS), the current Debt-to-EBITDA is 0.82 as of Jun. 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 Amer Sports (AS) Overvalued in 2026?
Based on GuruFocus' analysis, Amer Sports stock appears to be undervalued.
The current stock price of $26.73 is trading 28.4% below its estimated GF Value™ of $37.34.
GuruFocus considers Amer Sports to be Modestly Undervalued.
Key valuation signals for AS:
Debt-to-EBITDA: 0.82 (94% below median its 10-year median of 14.71)
GF Value™: $37.34 vs. price of $26.73 (28.4% below fair value)
Industry Position: 66.4% below the Travel & Leisure median (#176 of 658)
No single metric tells the full story. See the AS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $6.6 billion in 2025. Although primarily owned by the Chinese conglomerate Anta Sports, Amer operates with a degree of autonomy. In its rapidly expanding China business, the company is subject to closer oversight, but it manages its operations outside of China with relative independence. In 2025, the firm generated 32% of its revenue from the Americas, 28% from Europe, the Middle East, and Africa, 28% from China, and 12% from the Asia-Pacific, excluding China.
68GF Score
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