Ashley Services GroupASX:ASH -1.82%57 Debt-to-EBITDA is 0.96 as of Dec. 2025, which is 167% above its 10-year median of 0.36. GuruFocus rates ASX:ASH with a GF Score™ of 57/100 and a GF Value™ of A$0.24 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 839 Business Services companies, Ashley Services Group ranks better than 54.83% 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 Ashley Services Group's Debt-to-EBITDA or its related term are showing as below:
ASX:ASH'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.15 Med: 0.36 Max: 1.69
Current: 1.32
During the past 11 years, the highest Debt-to-EBITDA Ratio of Ashley Services Group was 1.69. The lowest was -0.15. And the median was 0.36.
ASX:ASH's Debt-to-EBITDA is ranked better than 54.83% of 839
companies
in the Business Services industry
Industry Median: 1.6
vs ASX:ASH: 1.32
Ashley Services Group (ASX:ASH) Debt-to-EBITDA Explanation
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.
Ashley Services Group Debt-to-EBITDA Related Terms
Ashley Services Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Ashley Services 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:ASH vs KFY, RHI, TNET: Debt-to-EBITDA Comparison
For the Staffing & Employment Services subindustry, Ashley Services 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.
Ashley Services Group Debt-to-EBITDA vs Business Services Industry
For the Business Services industry and Industrials sector, Ashley Services Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ashley Services 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.
Ashley Services Group (ASX:ASH) has a Debt-to-EBITDA of 0.96 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 Ashley Services Group. This is 167% above median its historical median of 0.36. According to the industry distribution chart, Ashley Services Group ranks #379 out of 839 companies in the Business Services industry, placing it in the top 45.2%.
Is Ashley Services Group's Debt-to-EBITDA too high?
Ashley Services Group's current Debt-to-EBITDA of 0.96 is 167% above median its 10-year median of 0.36. The Business Services industry median Debt-to-EBITDA is 1.60. Ashley Services Group's value of 0.96 is 40% below this industry median. Based on the distribution chart, Ashley Services Group ranks #379 out of 839 companies in the Business Services industry, which is above the industry midpoint. Overall, Ashley Services Group has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashley Services Group's Debt-to-EBITDA compare to KFY and RHI?
According to the Business Services industry distribution chart, Ashley Services Group ranks #379 out of 839 companies for Debt-to-EBITDA. This puts Ashley Services Group in the upper half of its industry. The industry median Debt-to-EBITDA is 1.60. Ashley Services Group's value of 0.96 is 40% below this benchmark. While the company's 10-year median is 0.36 vs. the industry median of 1.60, Ashley Services 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 Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.60, based on 839 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. Ashley Services Group's current Debt-to-EBITDA of 0.96 is 40% 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 Ashley Services Group. For the Business Services industry, the median Debt-to-EBITDA is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashley Services Group's current Debt-to-EBITDA is 0.96, which is 167% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashley Services Group stock overvalued right now?
Based on GuruFocus' analysis, Ashley Services Group (ASX:ASH) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.24, compared to a current price of A$0.27 — trading 12.5% above its estimated fair value. The current Debt-to-EBITDA is 0.96, which is 167% above median its 10-year median of 0.36 and 40% below the Business Services industry median of 1.60. Ashley Services Group's overall GF Score™ is 57/100 with 7 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 Ashley Services Group (ASX:ASH), the current Debt-to-EBITDA is 0.96 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 Ashley Services Group (ASX:ASH) Overvalued in 2026?
Based on GuruFocus' analysis, Ashley Services Group stock appears to be overvalued.
The current stock price of A$0.27 is trading 12.5% above its estimated GF Value™ of A$0.24.
GuruFocus considers Ashley Services Group to be Modestly Overvalued.
Key valuation signals for ASX:ASH:
Debt-to-EBITDA: 0.96 (167% above median its 10-year median of 0.36)
GF Value™: A$0.24 vs. price of A$0.27 (12.5% above fair value)
Industry Position: 40% below the Business Services median (#379 of 839)
No single metric tells the full story. See the ASX:ASH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashley Services Group Ltd is engaged in staffing services. It is an integrated Labour Hire, Recruitment, and Training organization that has been delivering workforce management and business improvement programs. The group operates in two operating segments, namely Labour hire and Training. The group derives maximum revenue from providing Labour hire services. The organization operates in Australia.
57GF Score
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