Elastron (ATH:ELSTR) Debt-to-EBITDA : 3.76 (As of Dec. 2025) — 41% Below Median

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ATH:ELSTR Elastron SA ATH:ELSTR
64 GF Score
Price €2.70
GF Value €2.38
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Elastron Debt-to-EBITDA?

Elastron ATH:ELSTR +0.37% 64 Debt-to-EBITDA is 3.76 as of Dec. 2025, which is 41% below its 10-year median of 6.34. GuruFocus rates ATH:ELSTR with a GF Score™ of 64/100 and a GF Value™ of €2.38 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 493 Steel companies, Elastron ranks worse than 68.76% on this metric.

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

Elastron's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €15.6 Mil. Elastron's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €49.5 Mil. Elastron's annualized EBITDA for the quarter that ended in Dec. 2025 was €17.3 Mil. Elastron's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 3.76.

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

ATH:ELSTR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.21   Med: 6.34   Max: 12.36
Current: 5.13

During the past 13 years, the highest Debt-to-EBITDA Ratio of Elastron was 12.36. The lowest was 2.21. And the median was 6.34.

ATH:ELSTR's Debt-to-EBITDA is ranked worse than
68.76% of 493 companies
in the Steel industry
Industry Median: 2.85 vs ATH:ELSTR: 5.13

Elastron  (ATH:ELSTR) 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.


Elastron Debt-to-EBITDA Related Terms


Elastron Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Elastron'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.

Elastron Debt-to-EBITDA Chart

Elastron Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.21 3.50 12.36 9.61 5.13

Elastron Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 695.89 10.39 11.69 9.46 3.76

ATH:ELSTR vs NUE, STLD, RS: Debt-to-EBITDA Comparison

For the Steel subindustry, Elastron'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.


Elastron Debt-to-EBITDA vs Steel Industry

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

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


ATH:ELSTR
64GF Score
Elastron SA ATH:ELSTR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elastron Debt-to-EBITDA Calculation

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

Elastron's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(15.598 + 49.492) / 12.679
=5.13

Elastron's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(15.598 + 49.492) / 17.318
=3.76

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.76 mean?
Elastron (ATH:ELSTR) has a Debt-to-EBITDA of 3.76 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 Elastron. This is 41% below median its historical median of 6.34. Over the past decade, Elastron's Debt-to-EBITDA has ranged from 2.21 to 12.36. According to the industry distribution chart, Elastron ranks #339 out of 493 companies in the Steel industry, placing it in the top 68.8%.
Is Elastron's Debt-to-EBITDA too high?
Elastron's current Debt-to-EBITDA of 3.76 is 41% below median its 10-year median of 6.34. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 12.36. The Steel industry median Debt-to-EBITDA is 2.85. Elastron's value of 3.76 is 31.9% above this industry median. Based on the distribution chart, Elastron ranks #339 out of 493 companies in the Steel industry, which is below the industry midpoint. Overall, Elastron has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elastron's Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Elastron ranks #339 out of 493 companies for Debt-to-EBITDA. This places Elastron in the lower half of its industry. The industry median Debt-to-EBITDA is 2.85. Elastron's value of 3.76 is 31.9% above this benchmark. Historically, Elastron's own Debt-to-EBITDA has ranged from 2.21 to 12.36 over the past decade. While the company's 10-year median is 6.34 vs. the industry median of 2.85, Elastron 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.85, based on 493 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. Elastron's current Debt-to-EBITDA of 3.76 is 31.9% 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 Elastron. For the Steel industry, the median Debt-to-EBITDA is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elastron's current Debt-to-EBITDA is 3.76, which is 41% below median its own 10-year median of 6.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elastron stock overvalued right now?
Based on GuruFocus' analysis, Elastron (ATH:ELSTR) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.38, compared to a current price of €2.70 — trading 13.4% above its estimated fair value. The current Debt-to-EBITDA is 3.76, which is 41% below median its 10-year median of 6.34 and 31.9% above the Steel industry median of 2.85. Elastron's overall GF Score™ is 64/100 with 9 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 Elastron (ATH:ELSTR), the current Debt-to-EBITDA is 3.76 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 Elastron (ATH:ELSTR) Overvalued in 2026?

Based on GuruFocus' analysis, Elastron stock appears to be overvalued. The current stock price of €2.70 is trading 13.4% above its estimated GF Value™ of €2.38. GuruFocus considers Elastron to be Modestly Overvalued.

Key valuation signals for ATH:ELSTR:

  • Debt-to-EBITDA: 3.76 (41% below median its 10-year median of 6.34)
  • GF Value™: €2.38 vs. price of €2.70 (13.4% above fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 31.9% above the Steel median (#339 of 493)

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


Elastron Business Description

Address Agios Loannis Avenue, Aspropyrgos, GRC, 193 00
Elastron SA is a Greece based company engaged in importing, processing, and trading of steel, steel plates, iron and metal goods, and related goods. The business segments are Steel products, Energy segment, and Agricultural products. The company processes, produces and resells steel products and insulated composite panels in Steel products segment. Electrical energy segment includes production of electric energy from photovoltaic stations. Agricultural products segment consists production of agricultural products from glasshouse cultivations. The group generates majority of the revenue from the Steel products segment. It makes sales in Greece, and internationally, of which sales in Greece constitutes mainly to the revenue.
64GF Score

Get the complete analysis for ATH:ELSTR

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

€2.70
Price
€2.38
GF Value