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Aristocrat LeisureASX:ALL +0.29%93 Debt-to-EBITDA is 0.65 as of Mar. 2026, which is 55% below its 10-year median of 1.43. GuruFocus rates ASX:ALL with a GF Score™ of 93/100 and a GF Value™ of A$53.11 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 646 Travel & Leisure companies, Aristocrat Leisure ranks better than 80.96% 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 Aristocrat Leisure's Debt-to-EBITDA or its related term are showing as below:
ASX:ALL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.63 Med: 1.43 Max: 3.16
Current: 0.63
During the past 13 years, the highest Debt-to-EBITDA Ratio of Aristocrat Leisure was 3.16. The lowest was 0.63. And the median was 1.43.
ASX:ALL's Debt-to-EBITDA is ranked better than 80.96% of 646
companies
in the Travel & Leisure industry
Industry Median: 2.555
vs ASX:ALL: 0.63
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.
Aristocrat Leisure Debt-to-EBITDA Related Terms
Aristocrat Leisure Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Aristocrat Leisure'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:ALL vs FLUT, DKNG, SGHC: Debt-to-EBITDA Comparison
For the Gambling subindustry, Aristocrat Leisure'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.
Aristocrat Leisure Debt-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Aristocrat Leisure's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Aristocrat Leisure'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 (Mar. 2026) EBITDA data.
Aristocrat Leisure (ASX:ALL) has a Debt-to-EBITDA of 0.65 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Aristocrat Leisure. This is 55% below median its historical median of 1.43. Over the past decade, Aristocrat Leisure's Debt-to-EBITDA has ranged from 0.63 to 3.16. According to the industry distribution chart, Aristocrat Leisure ranks #123 out of 646 companies in the Travel & Leisure industry, placing it in the top 19%.
Is Aristocrat Leisure's Debt-to-EBITDA too high?
Aristocrat Leisure's current Debt-to-EBITDA of 0.65 is 55% below median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 3.16. The Travel & Leisure industry median Debt-to-EBITDA is 2.56. Aristocrat Leisure's value of 0.65 is 74.6% below this industry median. Based on the distribution chart, Aristocrat Leisure ranks #123 out of 646 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Aristocrat Leisure has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aristocrat Leisure's Debt-to-EBITDA compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Aristocrat Leisure ranks #123 out of 646 companies for Debt-to-EBITDA. This places Aristocrat Leisure in the top 19% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.56. Aristocrat Leisure's value of 0.65 is 74.6% below this benchmark. Historically, Aristocrat Leisure's own Debt-to-EBITDA has ranged from 0.63 to 3.16 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 2.56, Aristocrat Leisure 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 2.56, based on 646 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. Aristocrat Leisure's current Debt-to-EBITDA of 0.65 is 74.6% 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 Aristocrat Leisure. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aristocrat Leisure's current Debt-to-EBITDA is 0.65, which is 55% below median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aristocrat Leisure stock overvalued right now?
Based on GuruFocus' analysis, Aristocrat Leisure (ASX:ALL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$53.11, compared to a current price of A$62.10 — trading 16.9% above its estimated fair value. The current Debt-to-EBITDA is 0.65, which is 55% below median its 10-year median of 1.43 and 74.6% below the Travel & Leisure industry median of 2.56. Aristocrat Leisure's overall GF Score™ is 93/100 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 Aristocrat Leisure (ASX:ALL), the current Debt-to-EBITDA is 0.65 as of Mar. 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 Aristocrat Leisure (ASX:ALL) Overvalued in 2026?
Based on GuruFocus' analysis, Aristocrat Leisure stock appears to be overvalued.
The current stock price of A$62.10 is trading 16.9% above its estimated GF Value™ of A$53.11.
GuruFocus considers Aristocrat Leisure to be Modestly Overvalued.
Key valuation signals for ASX:ALL:
Debt-to-EBITDA: 0.65 (55% below median its 10-year median of 1.43)
GF Value™: A$53.11 vs. price of A$62.10 (16.9% above fair value)
Industry Position: 74.6% below the Travel & Leisure median (#123 of 646)
No single metric tells the full story. See the ASX:ALL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aristocrat Leisure is an electronic gaming machine manufacturer that sells machines to pubs, clubs, and casinos. The firm is licensed in all Australian states and territories, North American jurisdictions, and essentially every major country. Aristocrat is one of the top three largest players in the space along with International Game Technology and Light & Wonder. The company also develops and distributes mobile games, principally in the social casino niche. The more nascent iGaming business sits between these two businesses, providing digital content and capabilities to real-money gaming providers.
93GF Score
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