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WestStar IndustrialASX:WSI Debt-to-EBITDA is -3.83 as of Dec. 2025. The stock has 4 warning signs investors should review. Among 1,404 Construction companies, WestStar Industrial ranks worse than 71225% 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 WestStar Industrial's Debt-to-EBITDA or its related term are showing as below:
ASX:WSI'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.39 Med: 0.32 Max: 1.44
Current: -3.52
During the past 13 years, the highest Debt-to-EBITDA Ratio of WestStar Industrial was 1.44. The lowest was -8.39. And the median was 0.32.
ASX:WSI's Debt-to-EBITDA is ranked worse than 100% of 1404
companies
in the Construction industry
Industry Median: 2.15
vs ASX:WSI: -3.52
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.
WestStar Industrial Debt-to-EBITDA Related Terms
WestStar Industrial Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for WestStar Industrial'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:WSI vs PWR, FIX, EME: Debt-to-EBITDA Comparison
For the Engineering & Construction subindustry, WestStar Industrial'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.
WestStar Industrial Debt-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, WestStar Industrial's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where WestStar Industrial'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.
WestStar Industrial (ASX:WSI) has a Debt-to-EBITDA of -3.83 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 WestStar Industrial. According to the industry distribution chart, WestStar Industrial ranks #999999 out of 1404 companies in the Construction industry.
Is WestStar Industrial's Debt-to-EBITDA too high?
WestStar Industrial's current Debt-to-EBITDA is -3.83. Based on the distribution chart, WestStar Industrial ranks #999999 out of 1404 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does WestStar Industrial's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, WestStar Industrial ranks #999999 out of 1404 companies for Debt-to-EBITDA. This places WestStar Industrial in the lower half of its industry. The industry median Debt-to-EBITDA is 2.15. 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.15, based on 1,404 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. 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 WestStar Industrial. For the Construction industry, the median Debt-to-EBITDA is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WestStar Industrial's current Debt-to-EBITDA is -3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WestStar Industrial stock overvalued right now?
Based on GuruFocus' analysis, WestStar Industrial (ASX:WSI) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.05, compared to a current price of A$0.06 — trading 16% above its estimated fair value. The current Debt-to-EBITDA is -3.83. 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 WestStar Industrial (ASX:WSI), the current Debt-to-EBITDA is -3.83 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.
WestStar Industrial Ltd is an Australian company offering industrial project solutions in engineering, fabrication, construction, and maintenance across sectors such as resources, energy, oil and gas, petrochemical, water, marine, defence, and infrastructure. The company operates through three segments: SIMPEC, Alltype Engineering, and Watmar Engineering. SIMPEC specializes in structural, mechanical, piping, electrical, and instrumentation contracting. Alltype Engineering provides workshop services, site installation, construction, and maintenance across various industries. Watmar Engineering focuses on fluid systems engineering for the defence and marine sectors. The majority of the company's revenue is generated from the Alltype segment.
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