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HarmoneyASX:HMY +1.32%32 Debt-to-EBITDA is 13.28 as of Dec. 2025, which is 19% below its 10-year median of 16.34. GuruFocus rates ASX:HMY with a GF Score™ of 32/100 and a GF Value™ of A$0.58 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 284 Credit Services companies, Harmoney ranks worse than 61.97% 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 Harmoney's Debt-to-EBITDA or its related term are showing as below:
ASX:HMY'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -15.64 Med: 16.34 Max: 947.85
Current: 13.53
During the past 5 years, the highest Debt-to-EBITDA Ratio of Harmoney was 947.85. The lowest was -15.64. And the median was 16.34.
ASX:HMY's Debt-to-EBITDA is ranked worse than 61.97% of 284
companies
in the Credit Services industry
Industry Median: 9.3
vs ASX:HMY: 13.53
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.
Harmoney Debt-to-EBITDA Related Terms
Harmoney Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Harmoney'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.
For the Credit Services subindustry, Harmoney'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.
Harmoney Debt-to-EBITDA vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Harmoney's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Harmoney'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.
Harmoney (ASX:HMY) has a Debt-to-EBITDA of 13.28 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 Harmoney. This is 19% below median its historical median of 16.34. According to the industry distribution chart, Harmoney ranks #176 out of 284 companies in the Credit Services industry, placing it in the top 62%.
Is Harmoney's Debt-to-EBITDA too high?
Harmoney's current Debt-to-EBITDA of 13.28 is 19% below median its 10-year median of 16.34. The Credit Services industry median Debt-to-EBITDA is 9.30. Harmoney's value of 13.28 is 42.8% above this industry median. Based on the distribution chart, Harmoney ranks #176 out of 284 companies in the Credit Services industry, which is below the industry midpoint. Overall, Harmoney has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harmoney's Debt-to-EBITDA compare to V and MA?
According to the Credit Services industry distribution chart, Harmoney ranks #176 out of 284 companies for Debt-to-EBITDA. This places Harmoney in the lower half of its industry. The industry median Debt-to-EBITDA is 9.30. Harmoney's value of 13.28 is 42.8% above this benchmark. While the company's 10-year median is 16.34 vs. the industry median of 9.30, Harmoney 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 Credit Services company?
The median Debt-to-EBITDA among Credit Services companies is 9.30, based on 284 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. Harmoney's current Debt-to-EBITDA of 13.28 is 42.8% 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 Harmoney. For the Credit Services industry, the median Debt-to-EBITDA is 9.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harmoney's current Debt-to-EBITDA is 13.28, which is 19% below median its own 10-year median of 16.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harmoney stock overvalued right now?
Based on GuruFocus' analysis, Harmoney (ASX:HMY) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.58, compared to a current price of A$0.77 — trading 31.9% above its estimated fair value. The current Debt-to-EBITDA is 13.28, which is 19% below median its 10-year median of 16.34 and 42.8% above the Credit Services industry median of 9.30. Harmoney's overall GF Score™ is 32/100 with 5 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 Harmoney (ASX:HMY), the current Debt-to-EBITDA is 13.28 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 Harmoney (ASX:HMY) Overvalued in 2026?
Based on GuruFocus' analysis, Harmoney stock appears to be overvalued.
The current stock price of A$0.77 is trading 31.9% above its estimated GF Value™ of A$0.58.
GuruFocus considers Harmoney to be Significantly Overvalued.
Key valuation signals for ASX:HMY:
Debt-to-EBITDA: 13.28 (19% below median its 10-year median of 16.34)
GF Value™: A$0.58 vs. price of A$0.77 (31.9% above fair value)
Industry Position: 42.8% above the Credit Services median (#176 of 284)
No single metric tells the full story. See the ASX:HMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harmoney Corp Ltd operates in the consumer credit industry. It provides customers with secured and unsecured personal loans that are easy to access, competitively priced using risk-adjusted interest rates, and accessed completely online. Geographically, the group generates maximum revenue from its business in Australia, and the rest from New Zealand.
32GF Score
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