Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Viva Energy GroupASX:VEA +2.20%66 Debt-to-EBITDA is 45.13 as of Dec. 2025, which is 775% above its 10-year median of 5.16. GuruFocus rates ASX:VEA with a GF Score™ of 66/100 and a GF Value™ of A$3.24 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 705 Oil & Gas companies, Viva Energy Group ranks worse than 98.3% 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 Viva Energy Group's Debt-to-EBITDA or its related term are showing as below:
ASX:VEA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.57 Med: 5.16 Max: 36.27
Current: 36.27
During the past 8 years, the highest Debt-to-EBITDA Ratio of Viva Energy Group was 36.27. The lowest was 0.57. And the median was 5.16.
ASX:VEA's Debt-to-EBITDA is ranked worse than 98.3% of 705
companies
in the Oil & Gas industry
Industry Median: 2.04
vs ASX:VEA: 36.27
Viva Energy Group (ASX:VEA) Debt-to-EBITDA Explanation
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.
Viva Energy Group Debt-to-EBITDA Related Terms
Viva Energy Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Viva Energy 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.
ASX:VEA vs MPC, VLO, PSX: Debt-to-EBITDA Comparison
For the Oil & Gas Refining & Marketing subindustry, Viva Energy 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.
Viva Energy Group Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Viva Energy Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Viva Energy Group'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.
Viva Energy Group (ASX:VEA) has a Debt-to-EBITDA of 45.13 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 Viva Energy Group. This is 775% above median its historical median of 5.16. Over the past decade, Viva Energy Group's Debt-to-EBITDA has ranged from 0.57 to 36.27. According to the industry distribution chart, Viva Energy Group ranks #693 out of 705 companies in the Oil & Gas industry, placing it in the top 98.3%.
Is Viva Energy Group's Debt-to-EBITDA too high?
Viva Energy Group's current Debt-to-EBITDA of 45.13 is 775% above median its 10-year median of 5.16. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 36.27. The Oil & Gas industry median Debt-to-EBITDA is 2.04. Viva Energy Group's value of 45.13 is 2112.3% above this industry median. Based on the distribution chart, Viva Energy Group ranks #693 out of 705 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Viva Energy Group has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viva Energy Group's Debt-to-EBITDA compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Viva Energy Group ranks #693 out of 705 companies for Debt-to-EBITDA. This places Viva Energy Group in the lower half of its industry. The industry median Debt-to-EBITDA is 2.04. Viva Energy Group's value of 45.13 is 2112.3% above this benchmark. Historically, Viva Energy Group's own Debt-to-EBITDA has ranged from 0.57 to 36.27 over the past decade. While the company's 10-year median is 5.16 vs. the industry median of 2.04, Viva Energy 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 an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.04, based on 705 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. Viva Energy Group's current Debt-to-EBITDA of 45.13 is 2112.3% 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 Viva Energy Group. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viva Energy Group's current Debt-to-EBITDA is 45.13, which is 775% above median its own 10-year median of 5.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viva Energy Group stock overvalued right now?
Based on GuruFocus' analysis, Viva Energy Group (ASX:VEA) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.24, compared to a current price of A$2.79 — trading 13.9% below its estimated fair value. The current Debt-to-EBITDA is 45.13, which is 775% above median its 10-year median of 5.16 and 2112.3% above the Oil & Gas industry median of 2.04. Viva Energy Group's overall GF Score™ is 66/100 with 11 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 Viva Energy Group (ASX:VEA), the current Debt-to-EBITDA is 45.13 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 Viva Energy Group (ASX:VEA) Overvalued in 2026?
Based on GuruFocus' analysis, Viva Energy Group stock appears to be undervalued.
The current stock price of A$2.79 is trading 13.9% below its estimated GF Value™ of A$3.24.
GuruFocus considers Viva Energy Group to be Modestly Undervalued.
Key valuation signals for ASX:VEA:
Debt-to-EBITDA: 45.13 (775% above median its 10-year median of 5.16)
GF Value™: A$3.24 vs. price of A$2.79 (13.9% below fair value)
Industry Position: 2112.3% above the Oil & Gas median (#693 of 705)
No single metric tells the full story. See the ASX:VEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viva is Australia's second-largest vertically integrated refined transport fuel supplier. We rate Viva as the second-most-significant pipeline owner, and at approximately 1,155 locations, Viva supplies the third-largest number of retail sites in Australia behind Ampol at approximately 1,985 and BP at 1,400.Vitol bought Shell's Australian downstream operations in 2014, and renamed them Viva Energy. Viva subsequently bought Shell's Australian aviation operations and a 50% investment in Liberty Oil. In 2016, Viva sold (and leased back) a portfolio of its retail sites to Viva Energy REIT and listed Viva Energy REIT on the ASX. It has since sold its entire REIT stake for AUD 734 million.Viva acquired OTR Group in 2014 for AUD 1.2 billion bringing over 200 South Australian stores.
66GF Score
Get the complete analysis for ASX:VEA
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:VEA has been successfully added to your 
