FleetPartners Group (ASX:FPR) Debt-to-EBITDA : 5.33 (As of Mar. 2026) — Near Median

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ASX:FPR FleetPartners Group Ltd ASX:FPR
75 GF Score
Price A$2.89
GF Value A$3.61
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is FleetPartners Group Debt-to-EBITDA?

FleetPartners Group ASX:FPR +2.85% 75 Debt-to-EBITDA is 5.33 as of Mar. 2026, which is 8% below its 10-year median of 5.81. GuruFocus rates ASX:FPR with a GF Score™ of 75/100 and a GF Value™ of A$3.61 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 834 Business Services companies, FleetPartners Group ranks worse than 85.01% on this metric.

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

FleetPartners Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was A$348.1 Mil. FleetPartners Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was A$1,476.0 Mil. FleetPartners Group's annualized EBITDA for the quarter that ended in Mar. 2026 was A$342.6 Mil. FleetPartners Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 5.32.

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

ASX:FPR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.65   Med: 5.81   Max: 18.25
Current: 5.26

During the past 11 years, the highest Debt-to-EBITDA Ratio of FleetPartners Group was 18.25. The lowest was 3.65. And the median was 5.81.

ASX:FPR's Debt-to-EBITDA is ranked worse than
85.01% of 834 companies
in the Business Services industry
Industry Median: 1.645 vs ASX:FPR: 5.26

FleetPartners Group  (ASX:FPR) 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.


FleetPartners Group Debt-to-EBITDA Related Terms


FleetPartners Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for FleetPartners 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.

FleetPartners Group Debt-to-EBITDA Chart

FleetPartners Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.08 3.65 4.52 5.14 5.44

FleetPartners Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 4.82 4.96 5.28 5.21 5.33

ASX:FPR vs URI, SUNB, AER: Debt-to-EBITDA Comparison

For the Rental & Leasing Services subindustry, FleetPartners 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.


FleetPartners Group Debt-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, FleetPartners Group's Debt-to-EBITDA distribution charts can be found below:

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


ASX:FPR
75GF Score
FleetPartners Group Ltd ASX:FPR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FleetPartners Group Debt-to-EBITDA Calculation

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

FleetPartners Group's Debt-to-EBITDA for the fiscal year that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(358.286 + 1470.272) / 336.275
=5.44

FleetPartners Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(348.057 + 1476.038) / 342.58
=5.32

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 5.33 mean?
FleetPartners Group (ASX:FPR) has a Debt-to-EBITDA of 5.33 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 FleetPartners Group. This is near median its historical median of 5.81. Over the past decade, FleetPartners Group's Debt-to-EBITDA has ranged from 3.65 to 18.25. According to the industry distribution chart, FleetPartners Group ranks #709 out of 834 companies in the Business Services industry, placing it in the top 85%.
Is FleetPartners Group's Debt-to-EBITDA too high?
FleetPartners Group's current Debt-to-EBITDA of 5.33 is near median its 10-year median of 5.81. Over the past 10 years, this metric has ranged from a low of 3.65 to a high of 18.25. The Business Services industry median Debt-to-EBITDA is 1.65. FleetPartners Group's value of 5.33 is 224% above this industry median. Based on the distribution chart, FleetPartners Group ranks #709 out of 834 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, FleetPartners Group has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FleetPartners Group's Debt-to-EBITDA compare to URI and SUNB?
According to the Business Services industry distribution chart, FleetPartners Group ranks #709 out of 834 companies for Debt-to-EBITDA. This places FleetPartners Group in the lower half of its industry. The industry median Debt-to-EBITDA is 1.65. FleetPartners Group's value of 5.33 is 224% above this benchmark. Historically, FleetPartners Group's own Debt-to-EBITDA has ranged from 3.65 to 18.25 over the past decade. While the company's 10-year median is 5.81 vs. the industry median of 1.65, FleetPartners Group has consistently been above 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 1.65, based on 834 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. FleetPartners Group's current Debt-to-EBITDA of 5.33 is 224% above 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 FleetPartners Group. For the Business Services industry, the median Debt-to-EBITDA is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FleetPartners Group's current Debt-to-EBITDA is 5.33, which is near median its own 10-year median of 5.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FleetPartners Group stock overvalued right now?
Based on GuruFocus' analysis, FleetPartners Group (ASX:FPR) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.61, compared to a current price of A$2.89 — trading 19.9% below its estimated fair value. The current Debt-to-EBITDA is 5.33, which is near median its 10-year median of 5.81 and 224% above the Business Services industry median of 1.65. FleetPartners Group's overall GF Score™ is 75/100 with 6 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 FleetPartners Group (ASX:FPR), the current Debt-to-EBITDA is 5.33 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 FleetPartners Group (ASX:FPR) Overvalued in 2026?

Based on GuruFocus' analysis, FleetPartners Group stock appears to be undervalued. The current stock price of A$2.89 is trading 19.9% below its estimated GF Value™ of A$3.61. GuruFocus considers FleetPartners Group to be Modestly Undervalued.

Key valuation signals for ASX:FPR:

  • Debt-to-EBITDA: 5.33 (near median its 10-year median of 5.81)
  • GF Value™: A$3.61 vs. price of A$2.89 (19.9% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 224% above the Business Services median (#709 of 834)

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


FleetPartners Group Business Description

Address 101 Miller Street, Level 20, North Sydney, Sydney, NSW, AUS, 2060
FleetPartners Group Ltd is a provider of fleet leasing and fleet management services that operates across Australia and New Zealand. The company offers consumers and businesses access to funding solutions including fleet leasing, novated leasing, and salary packaging solutions. Its business segments include Australia commercial, Novated, and New Zealand commercial, with the majority of revenue flowing from Australia commercial. Australia commercial provides fleet leasing and management services; novated provides novated leasing and salary packaging services in Australia, and New Zealand commercial provides fleet leasing, management, and vehicle dealerships. Some of its brands include FleetPartners, FleetPlus and FleetChoice.
75GF Score

Get the complete analysis for ASX:FPR

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

A$2.89
Price
A$3.61
GF Value