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AJ Lucas GroupASX:AJL -12.50% Debt-to-EBITDA is 1.11 as of Dec. 2025, which is 78% below its 10-year median of 5.02. The stock has 5 warning signs investors should review. Among 494 Steel companies, AJ Lucas Group ranks better than 62.55% 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 AJ Lucas Group's Debt-to-EBITDA or its related term are showing as below:
ASX:AJL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -48.57 Med: 5.02 Max: 13.17
Current: 1.93
During the past 13 years, the highest Debt-to-EBITDA Ratio of AJ Lucas Group was 13.17. The lowest was -48.57. And the median was 5.02.
ASX:AJL's Debt-to-EBITDA is ranked better than 62.55% of 494
companies
in the Steel industry
Industry Median: 2.87
vs ASX:AJL: 1.93
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.
AJ Lucas Group Debt-to-EBITDA Related Terms
AJ Lucas Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for AJ Lucas Group'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.
ASX:AJL vs HCC, AMR, SXC: Debt-to-EBITDA Comparison
For the Coking Coal subindustry, AJ Lucas Group'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.
AJ Lucas Group Debt-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, AJ Lucas Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where AJ Lucas Group'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 two times the quarterly (Dec. 2025) EBITDA data.
AJ Lucas Group (ASX:AJL) has a Debt-to-EBITDA of 1.11 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 AJ Lucas Group. This is 78% below median its historical median of 5.02. According to the industry distribution chart, AJ Lucas Group ranks #185 out of 494 companies in the Steel industry, placing it in the top 37.4%.
Is AJ Lucas Group's Debt-to-EBITDA too high?
AJ Lucas Group's current Debt-to-EBITDA of 1.11 is 78% below median its 10-year median of 5.02. The Steel industry median Debt-to-EBITDA is 2.87. AJ Lucas Group's value of 1.11 is 61.3% below this industry median. Based on the distribution chart, AJ Lucas Group ranks #185 out of 494 companies in the Steel industry, which is above the industry midpoint.
How does AJ Lucas Group's Debt-to-EBITDA compare to HCC and AMR?
According to the Steel industry distribution chart, AJ Lucas Group ranks #185 out of 494 companies for Debt-to-EBITDA. This puts AJ Lucas Group in the upper half of its industry. The industry median Debt-to-EBITDA is 2.87. AJ Lucas Group's value of 1.11 is 61.3% below this benchmark. While the company's 10-year median is 5.02 vs. the industry median of 2.87, AJ Lucas Group 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.87, based on 494 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. AJ Lucas Group's current Debt-to-EBITDA of 1.11 is 61.3% 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 AJ Lucas Group. For the Steel industry, the median Debt-to-EBITDA is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AJ Lucas Group's current Debt-to-EBITDA is 1.11, which is 78% below median its own 10-year median of 5.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJ Lucas Group stock overvalued right now?
Based on GuruFocus' analysis, AJ Lucas Group (ASX:AJL) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.01, compared to a current price of A$0.01 — trading 30% below its estimated fair value. The current Debt-to-EBITDA is 1.11, which is 78% below median its 10-year median of 5.02 and 61.3% below the Steel industry median of 2.87. 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 AJ Lucas Group (ASX:AJL), the current Debt-to-EBITDA is 1.11 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.
AJ Lucas Group Ltd is a provider of drilling services to the Australian coal industry, and an operator, through its subsidiary Cuadrilla Resources Holdings Limited, of exploration and appraisal of conventional and unconventional oil and gas prospects in the United Kingdom (UK). The Group is structured with two principal operating segments: Drilling (Australian operations) provides drilling services to the energy and resources sectors, but focuses on delivering a suite of degasification and exploration drilling and related services to Australian metallurgical coal mines; Oil & Gas Operations (UK investments operations) include the Exploration of unconventional and conventional hydrocarbons in the UK. It generates the majority of revenue from the Australian Operations segment.
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