Vulcan Steel (ASX:VSL) Debt-to-EBITDA : (As of Jun. 2026)

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ASX:VSL Vulcan Steel Ltd ASX:VSL
56 GF Score
Price A$5.47
GF Value A$6.65
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Vulcan Steel Debt-to-EBITDA?

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

Vulcan Steel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was A$30.1 Mil. Vulcan Steel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was A$488.3 Mil. Vulcan Steel's annualized EBITDA for the quarter that ended in Jun. 2026 was A$150.5 Mil. Vulcan Steel's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 3.44.

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

ASX:VSL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.94   Med: 3.62   Max: 4.37
Current: 4.18

During the past 9 years, the highest Debt-to-EBITDA Ratio of Vulcan Steel was 4.37. The lowest was 1.94. And the median was 3.62.

ASX:VSL's Debt-to-EBITDA is ranked worse than
62.73% of 499 companies
in the Steel industry
Industry Median: 2.82 vs ASX:VSL: 4.18

Vulcan Steel  (ASX:VSL) 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.


Vulcan Steel Debt-to-EBITDA Related Terms


Vulcan Steel Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Vulcan Steel'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.

Vulcan Steel Debt-to-EBITDA Chart

Vulcan Steel Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Debt-to-EBITDA
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Vulcan Steel Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

ASX:VSL vs NUE, STLD, RS: Debt-to-EBITDA Comparison

For the Steel subindustry, Vulcan Steel'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.


Vulcan Steel Debt-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, Vulcan Steel's Debt-to-EBITDA distribution charts can be found below:

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


ASX:VSL
56GF Score
Vulcan Steel Ltd ASX:VSL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vulcan Steel Debt-to-EBITDA Calculation

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

Vulcan Steel's Debt-to-EBITDA for the fiscal year that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(30.129015444573 + 488.27742256062) / 112.01176364026
=4.63

Vulcan Steel's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(30.129015444573 + 488.27742256062) / 150.51956948057
=3.44

* 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 (Jun. 2026) EBITDA data.

Is Vulcan Steel (ASX:VSL) Overvalued in 2026?

Based on GuruFocus' analysis, Vulcan Steel stock appears to be undervalued. The current stock price of A$5.47 is trading 17.7% below its estimated GF Value™ of A$6.65. GuruFocus considers Vulcan Steel to be Modestly Undervalued.

Key valuation signals for ASX:VSL:

  • Debt-to-EBITDA:
  • GF Value™: A$6.65 vs. price of A$5.47 (17.7% below fair value)
  • GF Score™: 56/100 with 3 warning signs

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


Vulcan Steel Business Description

Other Exchanges VSL:New Zealand
Address 29 Neales Road, East Tamaki, Auckland, NTL, NZL, 2013
Vulcan Steel Ltd is a metals distributor and processor. Its products include Steel, Stainless Steel, Engineering steel, Plate processing, and Coil processing. The company has two operating segments namely, the Steel business across New Zealand and Australia which includes Steel distribution, Plate processing, and Coil processing; and Metals business across New Zealand, which includes Stainless Steel, Engineering Steel, and Aluminium.
56GF Score

Get the complete analysis for ASX:VSL

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

A$5.47
Price
A$6.65
GF Value