Accent Group (ASX:AX1) Debt-to-EBITDA : 2.07 (As of Dec. 2025) — Near Median


ASX:AX1 Accent Group Ltd ASX:AX1
80 GF Score
Price A$0.72
GF Value A$1.97
Valuation Possible Value Trap
! 7 Warning Signs
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What is Accent Group Debt-to-EBITDA?

Accent Group ASX:AX1 -0.69% 80 Debt-to-EBITDA is 2.07 as of Dec. 2025, which is 7% above its 10-year median of 1.94. GuruFocus rates ASX:AX1 with a GF Score™ of 80/100 and a GF Value™ of A$1.97 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 895 Retail - Cyclical companies, Accent Group ranks better than 50.73% on this metric.

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

Accent Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$188 Mil. Accent Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$461 Mil. Accent Group's annualized EBITDA for the quarter that ended in Dec. 2025 was A$313 Mil. Accent Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 2.07.

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 Accent Group's Debt-to-EBITDA or its related term are showing as below:

ASX:AX1' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.79   Med: 1.94   Max: 3.09
Current: 2.35

During the past 13 years, the highest Debt-to-EBITDA Ratio of Accent Group was 3.09. The lowest was 0.79. And the median was 1.94.

ASX:AX1's Debt-to-EBITDA is ranked better than
50.73% of 895 companies
in the Retail - Cyclical industry
Industry Median: 2.39 vs ASX:AX1: 2.35

Accent Group  (ASX:AX1) 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.


Accent Group Debt-to-EBITDA Related Terms


Accent Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Accent 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.

Accent Group Debt-to-EBITDA Chart

Accent Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 3.09 1.95 2.05 1.92

Accent Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.82 2.55 1.78 2.24 2.07

ASX:AX1 vs TJX, ROST, BURL: Debt-to-EBITDA Comparison

For the Apparel Retail subindustry, Accent 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.


Accent Group Debt-to-EBITDA vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Accent Group's Debt-to-EBITDA distribution charts can be found below:

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


ASX:AX1
80GF Score
Accent Group Ltd ASX:AX1
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Accent Group Debt-to-EBITDA Calculation

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

Accent Group'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
=(131.19 + 404.47) / 278.944
=1.92

Accent Group'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
=(188.288 + 460.572) / 313.282
=2.07

* 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 2.07 mean?
Accent Group (ASX:AX1) has a Debt-to-EBITDA of 2.07 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 Accent Group. This is near median its historical median of 1.94. Over the past decade, Accent Group's Debt-to-EBITDA has ranged from 0.79 to 3.09. According to the industry distribution chart, Accent Group ranks #441 out of 895 companies in the Retail - Cyclical industry, placing it in the top 49.3%.
Is Accent Group's Debt-to-EBITDA too high?
Accent Group's current Debt-to-EBITDA of 2.07 is near median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 3.09. The Retail - Cyclical industry median Debt-to-EBITDA is 2.39. Accent Group's value of 2.07 is 13.4% below this industry median. Based on the distribution chart, Accent Group ranks #441 out of 895 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Accent Group has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Accent Group's Debt-to-EBITDA compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Accent Group ranks #441 out of 895 companies for Debt-to-EBITDA. This puts Accent Group in the upper half of its industry. The industry median Debt-to-EBITDA is 2.39. Accent Group's value of 2.07 is 13.4% below this benchmark. Historically, Accent Group's own Debt-to-EBITDA has ranged from 0.79 to 3.09 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 2.39, Accent 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 Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.39, based on 895 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. Accent Group's current Debt-to-EBITDA of 2.07 is 13.4% 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 Accent Group. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accent Group's current Debt-to-EBITDA is 2.07, which is near median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accent Group stock overvalued right now?
Based on GuruFocus' analysis, Accent Group (ASX:AX1) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.97, compared to a current price of A$0.72 — trading 63.7% below its estimated fair value. The current Debt-to-EBITDA is 2.07, which is near median its 10-year median of 1.94 and 13.4% below the Retail - Cyclical industry median of 2.39. Accent Group's overall GF Score™ is 80/100 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 Accent Group (ASX:AX1), the current Debt-to-EBITDA is 2.07 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 Accent Group (ASX:AX1) Overvalued in 2026?

Based on GuruFocus' analysis, Accent Group stock appears to be undervalued. The current stock price of A$0.72 is trading 63.7% below its estimated GF Value™ of A$1.97. GuruFocus considers Accent Group to be Possible Value Trap.

Key valuation signals for ASX:AX1:

  • Debt-to-EBITDA: 2.07 (near median its 10-year median of 1.94)
  • GF Value™: A$1.97 vs. price of A$0.72 (63.7% below fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 13.4% below the Retail - Cyclical median (#441 of 895)

No single metric tells the full story. See the ASX:AX1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Accent Group Business Description

Address 2/64 Balmain Street, Richmond, Melbourne, VIC, AUS, 3121
Accent Group is a retailer and wholesaler of footwear and apparel. It is the exclusive distributor of range of global brands, including Skechers, Vans, and Doctor Martens in Australia and New Zealand. Accent operates both monobranded stores and multibrand banners, such as Platypus, Hype DC, and The Athlete's Foot. With a network of more than 800 physical stores and 30 websites, Accent is the largest footwear retailer in Australia.
80GF Score

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

A$0.72
Price
A$1.97
GF Value