Infratil (ASX:IFT) Debt-to-EBITDA : 10.86 (As of Mar. 2026) — 82% Above Median


ASX:IFT Infratil Ltd ASX:IFT
77 GF Score
Price A$12.92
GF Value A$8.87
Valuation Significantly Overvalued
! 15 Warning Signs
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What is Infratil Debt-to-EBITDA?

Infratil ASX:IFT +0.16% 77 Debt-to-EBITDA is 10.86 as of Mar. 2026, which is 82% above its 10-year median of 5.97. GuruFocus rates ASX:IFT with a GF Score™ of 77/100 and a GF Value™ of A$8.87 (Significantly Overvalued). The stock has 15 warning signs investors should review. Among 460 Conglomerates companies, Infratil ranks worse than 80.65% on this metric.

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

Infratil's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was A$617 Mil. Infratil's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was A$5,982 Mil. Infratil's annualized EBITDA for the quarter that ended in Mar. 2026 was A$608 Mil. Infratil's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 10.86.

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

ASX:IFT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.59   Med: 5.97   Max: 27.54
Current: 6.63

During the past 13 years, the highest Debt-to-EBITDA Ratio of Infratil was 27.54. The lowest was 3.59. And the median was 5.97.

ASX:IFT's Debt-to-EBITDA is ranked worse than
80.65% of 460 companies
in the Conglomerates industry
Industry Median: 2.76 vs ASX:IFT: 6.63

Infratil  (ASX:IFT) 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.


Infratil Debt-to-EBITDA Related Terms


Infratil Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Infratil'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.

Infratil Debt-to-EBITDA Chart

Infratil Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.53 3.77 3.59 8.17 6.63

Infratil 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 11.79 4.22 8.10 2.89 10.86

ASX:IFT vs HON, MMM: Debt-to-EBITDA Comparison

For the Conglomerates subindustry, Infratil'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.


Infratil Debt-to-EBITDA vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Infratil's Debt-to-EBITDA distribution charts can be found below:

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


ASX:IFT
77GF Score
Infratil Ltd ASX:IFT
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Infratil Debt-to-EBITDA Calculation

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

Infratil's Debt-to-EBITDA for the fiscal year 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
=(617.167 + 5982.083) / 995.5
=6.63

Infratil'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
=(617.167 + 5982.083) / 607.666
=10.86

* 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 10.86 mean?
Infratil (ASX:IFT) has a Debt-to-EBITDA of 10.86 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 Infratil. This is 82% above median its historical median of 5.97. Over the past decade, Infratil's Debt-to-EBITDA has ranged from 3.59 to 27.54. According to the industry distribution chart, Infratil ranks #371 out of 460 companies in the Conglomerates industry, placing it in the top 80.7%.
Is Infratil's Debt-to-EBITDA too high?
Infratil's current Debt-to-EBITDA of 10.86 is 82% above median its 10-year median of 5.97. Over the past 10 years, this metric has ranged from a low of 3.59 to a high of 27.54. The Conglomerates industry median Debt-to-EBITDA is 2.76. Infratil's value of 10.86 is 293.5% above this industry median. Based on the distribution chart, Infratil ranks #371 out of 460 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Infratil has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Infratil's Debt-to-EBITDA compare to HON and MMM?
According to the Conglomerates industry distribution chart, Infratil ranks #371 out of 460 companies for Debt-to-EBITDA. This places Infratil in the lower half of its industry. The industry median Debt-to-EBITDA is 2.76. Infratil's value of 10.86 is 293.5% above this benchmark. Historically, Infratil's own Debt-to-EBITDA has ranged from 3.59 to 27.54 over the past decade. While the company's 10-year median is 5.97 vs. the industry median of 2.76, Infratil 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 Conglomerates company?
The median Debt-to-EBITDA among Conglomerates companies is 2.76, based on 460 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. Infratil's current Debt-to-EBITDA of 10.86 is 293.5% 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 Infratil. For the Conglomerates industry, the median Debt-to-EBITDA is 2.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Infratil's current Debt-to-EBITDA is 10.86, which is 82% above median its own 10-year median of 5.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infratil stock overvalued right now?
Based on GuruFocus' analysis, Infratil (ASX:IFT) is currently considered Significantly Overvalued. The stock's GF Value™ is A$8.87, compared to a current price of A$12.92 — trading 45.7% above its estimated fair value. The current Debt-to-EBITDA is 10.86, which is 82% above median its 10-year median of 5.97 and 293.5% above the Conglomerates industry median of 2.76. Infratil's overall GF Score™ is 77/100 with 15 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 Infratil (ASX:IFT), the current Debt-to-EBITDA is 10.86 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 Infratil (ASX:IFT) Overvalued in 2026?

Based on GuruFocus' analysis, Infratil stock appears to be overvalued. The current stock price of A$12.92 is trading 45.7% above its estimated GF Value™ of A$8.87. GuruFocus considers Infratil to be Significantly Overvalued.

Key valuation signals for ASX:IFT:

  • Debt-to-EBITDA: 10.86 (82% above median its 10-year median of 5.97)
  • GF Value™: A$8.87 vs. price of A$12.92 (45.7% above fair value)
  • GF Score™: 77/100 with 15 warning signs
  • Industry Position: 293.5% above the Conglomerates median (#371 of 460)

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


Infratil Business Description

Address 5 Market Lane, P.O. Box 320, Wellington, NTL, NZL, 6140
Infratil Ltd is a New Zealand based company that invests in companies that are engaged in the energy, transport, and social infrastructure businesses. The company's business segments include Gurin Energy, Manawa Energy and Mint Renewables, which are renewable generation investments; Wellington International Airport is an airport investment; Qscan Group, RHCNZ Medical Imaging and Anytime Radiology Group are diagnostic imaging investments and One NZ is a digital infrastructure investment. Geographically, it derives a majority of its revenue from New Zealand; and other regions.
77GF Score

Get the complete analysis for ASX:IFT

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

A$12.92
Price
A$8.87
GF Value