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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 Etherstack's Debt-to-EBITDA or its related term are showing as below:
ASX:ESK'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.86 Med: 1.33 Max: 6.54
Current: 1.45
During the past 13 years, the highest Debt-to-EBITDA Ratio of Etherstack was 6.54. The lowest was -2.86. And the median was 1.33.
ASX:ESK's Debt-to-EBITDA is ranked worse than 56.88% of 1714
companies
in the Software industry
Industry Median: 1.09
vs ASX:ESK: 1.45
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.
Etherstack Debt-to-EBITDA Related Terms
Etherstack Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Etherstack'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:ESK vs UBER, SHOP, CRM: Debt-to-EBITDA Comparison
For the Software - Application subindustry, Etherstack'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.
Etherstack Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Etherstack's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Etherstack'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.
Etherstack (ASX:ESK) has a Debt-to-EBITDA of -3.51 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 Etherstack. According to the industry distribution chart, Etherstack ranks #975 out of 1714 companies in the Software industry, placing it in the top 56.9%.
Is Etherstack's Debt-to-EBITDA too high?
Etherstack's current Debt-to-EBITDA is -3.51. Based on the distribution chart, Etherstack ranks #975 out of 1714 companies in the Software industry, which is below the industry midpoint. Overall, Etherstack has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Etherstack's Debt-to-EBITDA compare to UBER and SHOP?
According to the Software industry distribution chart, Etherstack ranks #975 out of 1714 companies for Debt-to-EBITDA. This places Etherstack in the lower half of its industry. The industry median Debt-to-EBITDA is 1.09. 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.09, based on 1,714 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. 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 Etherstack. For the Software industry, the median Debt-to-EBITDA is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Etherstack's current Debt-to-EBITDA is -3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etherstack stock overvalued right now?
Based on GuruFocus' analysis, Etherstack (ASX:ESK) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.44, compared to a current price of A$0.53 — trading 20.5% above its estimated fair value. The current Debt-to-EBITDA is -3.51. Etherstack's overall GF Score™ is 42/100 with 4 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 Etherstack (ASX:ESK), the current Debt-to-EBITDA is -3.51 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 Etherstack (ASX:ESK) Overvalued in 2026?
Based on GuruFocus' analysis, Etherstack stock appears to be overvalued.
The current stock price of A$0.53 is trading 20.5% above its estimated GF Value™ of A$0.44.
GuruFocus considers Etherstack to be Modestly Overvalued.
Key valuation signals for ASX:ESK:
Debt-to-EBITDA: -3.51
GF Value™: A$0.44 vs. price of A$0.53 (20.5% above fair value)
No single metric tells the full story. See the ASX:ESK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Etherstack PLC specializes in wireless communications technology. It designs, develops, and deploys wireless communications software and products. The company develops software for use in transceivers, which enables the transceiver to communicate with a radio network and other transceivers. In addition, it also licenses its software and designs to companies that manufacture telecommunication equipment for government, public safety agencies, and utilities. Geographically, the firm operates through the region of the United Kingdom, the United States, Japan, Australia, South Korea, and Canada.
42GF Score
Get the complete analysis for ASX:ESK
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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