Adrad Holdings (ASX:AHL) Debt-to-EBITDA : 2.71 (As of Dec. 2025) — Near Median

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ASX:AHL Adrad Holdings Ltd ASX:AHL
35 GF Score
Price A$1.22
GF Value A$0.79
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Adrad Holdings Debt-to-EBITDA?

Adrad Holdings ASX:AHL +4.29% 35 Debt-to-EBITDA is 2.71 as of Dec. 2025, which is 1% above its 10-year median of 2.67. GuruFocus rates ASX:AHL with a GF Score™ of 35/100 and a GF Value™ of A$0.79 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,331 Industrial Products companies, Adrad Holdings ranks worse than 62.38% on this metric.

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

Adrad Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$3.8 Mil. Adrad Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$38.2 Mil. Adrad Holdings's annualized EBITDA for the quarter that ended in Dec. 2025 was A$15.5 Mil. Adrad Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 2.71.

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 Adrad Holdings's Debt-to-EBITDA or its related term are showing as below:

ASX:AHL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.65   Med: 2.67   Max: 2.96
Current: 2.68

During the past 3 years, the highest Debt-to-EBITDA Ratio of Adrad Holdings was 2.96. The lowest was 2.65. And the median was 2.67.

ASX:AHL's Debt-to-EBITDA is ranked worse than
62.38% of 2331 companies
in the Industrial Products industry
Industry Median: 1.68 vs ASX:AHL: 2.68

Adrad Holdings  (ASX:AHL) 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.


Adrad Holdings Debt-to-EBITDA Related Terms


Adrad Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Adrad Holdings'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.

Adrad Holdings Debt-to-EBITDA Chart

Adrad Holdings Annual Data
Trend Jun23 Jun24 Jun25
Debt-to-EBITDA
2.67 2.96 2.65

Adrad Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-EBITDA Get a 7-Day Free Trial 2.91 3.18 3.04 2.61 2.71

ASX:AHL vs GEV, ETN, PH: Debt-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, Adrad Holdings'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.


Adrad Holdings Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Adrad Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Adrad Holdings's Debt-to-EBITDA falls into.


ASX:AHL
35GF Score
Adrad Holdings Ltd ASX:AHL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adrad Holdings Debt-to-EBITDA Calculation

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

Adrad Holdings's Debt-to-EBITDA for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.642 + 37.707) / 15.631
=2.65

Adrad Holdings'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
=(3.829 + 38.198) / 15.516
=2.71

* 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 2.71 mean?
Adrad Holdings (ASX:AHL) has a Debt-to-EBITDA of 2.71 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 Adrad Holdings. This is near median its historical median of 2.67. Over the past decade, Adrad Holdings' Debt-to-EBITDA has ranged from 2.65 to 2.96. According to the industry distribution chart, Adrad Holdings ranks #1454 out of 2331 companies in the Industrial Products industry, placing it in the top 62.4%.
Is Adrad Holdings' Debt-to-EBITDA too high?
Adrad Holdings' current Debt-to-EBITDA of 2.71 is near median its 10-year median of 2.67. Over the past 10 years, this metric has ranged from a low of 2.65 to a high of 2.96. The Industrial Products industry median Debt-to-EBITDA is 1.68. Adrad Holdings' value of 2.71 is 61.3% above this industry median. Based on the distribution chart, Adrad Holdings ranks #1454 out of 2331 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Adrad Holdings has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adrad Holdings' Debt-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Adrad Holdings ranks #1454 out of 2331 companies for Debt-to-EBITDA. This places Adrad Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 1.68. Adrad Holdings' value of 2.71 is 61.3% above this benchmark. Historically, Adrad Holdings' own Debt-to-EBITDA has ranged from 2.65 to 2.96 over the past decade. While the company's 10-year median is 2.67 vs. the industry median of 1.68, Adrad Holdings 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.68, based on 2,331 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. Adrad Holdings's current Debt-to-EBITDA of 2.71 is 61.3% 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 Adrad Holdings. For the Industrial Products industry, the median Debt-to-EBITDA is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adrad Holdings's current Debt-to-EBITDA is 2.71, which is near median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adrad Holdings stock overvalued right now?
Based on GuruFocus' analysis, Adrad Holdings (ASX:AHL) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.79, compared to a current price of A$1.22 — trading 53.8% above its estimated fair value. The current Debt-to-EBITDA is 2.71, which is near median its 10-year median of 2.67 and 61.3% above the Industrial Products industry median of 1.68. Adrad Holdings' overall GF Score™ is 35/100 with 3 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 Adrad Holdings (ASX:AHL), the current Debt-to-EBITDA is 2.71 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 Adrad Holdings (ASX:AHL) Overvalued in 2026?

Based on GuruFocus' analysis, Adrad Holdings stock appears to be overvalued. The current stock price of A$1.22 is trading 53.8% above its estimated GF Value™ of A$0.79. GuruFocus considers Adrad Holdings to be Significantly Overvalued.

Key valuation signals for ASX:AHL:

  • Debt-to-EBITDA: 2.71 (near median its 10-year median of 2.67)
  • GF Value™: A$0.79 vs. price of A$1.22 (53.8% above fair value)
  • GF Score™: 35/100 with 3 warning signs
  • Industry Position: 61.3% above the Industrial Products median (#1454 of 2331)

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


Adrad Holdings Business Description

Address 26 Howards Road, Beverley, SA, AUS, 5009
Adrad Holdings Ltd designs and manufactures a wide variety of original equipment and aftermarket heat exchange products for both mobile and stationary applications. The company operates in two segments: Heat Transfer Solutions and Distribution. The Heat Transfer Solutions segment which designs and manufactures industrial cooling solutions for use in road transport and heavy vehicles, mining, power generation, data centres, and rail industries. The Distribution segment includes imports and distributes radiators, mobile and stationary heat exchange products, as well as a variety of automotive parts for the automotive and industrial markets. Geographically, the company derives key revenue from Australasia and the rest from Asia, the Middle East, North America, South America, Europe, & Africa.
35GF Score

Get the complete analysis for ASX:AHL

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

A$1.22
Price
A$0.79
GF Value