Thessaloniki Port Authority (ATH:OLTH) Debt-to-EBITDA : 0.96 (As of Dec. 2025) — 30% Below Median

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ATH:OLTH Thessaloniki Port Authority SA ATH:OLTH
94 GF Score
Price €36.70
GF Value €31.67
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Thessaloniki Port Authority Debt-to-EBITDA?

Thessaloniki Port Authority ATH:OLTH -2.13% 94 Debt-to-EBITDA is 0.96 as of Dec. 2025, which is 30% below its 10-year median of 1.37. GuruFocus rates ATH:OLTH with a GF Score™ of 94/100 and a GF Value™ of €31.67 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 869 Transportation companies, Thessaloniki Port Authority ranks better than 81.01% on this metric.

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

Thessaloniki Port Authority's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €2.3 Mil. Thessaloniki Port Authority's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €44.8 Mil. Thessaloniki Port Authority's annualized EBITDA for the quarter that ended in Dec. 2025 was €49.2 Mil. Thessaloniki Port Authority's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 0.96.

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 Thessaloniki Port Authority's Debt-to-EBITDA or its related term are showing as below:

ATH:OLTH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 1.37   Max: 1.52
Current: 0.93

During the past 13 years, the highest Debt-to-EBITDA Ratio of Thessaloniki Port Authority was 1.52. The lowest was 0.00. And the median was 1.37.

ATH:OLTH's Debt-to-EBITDA is ranked better than
81.01% of 869 companies
in the Transportation industry
Industry Median: 2.65 vs ATH:OLTH: 0.93

Thessaloniki Port Authority  (ATH:OLTH) 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.


Thessaloniki Port Authority Debt-to-EBITDA Related Terms


Thessaloniki Port Authority Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Thessaloniki Port Authority'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.

Thessaloniki Port Authority Debt-to-EBITDA Chart

Thessaloniki Port Authority 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 1.40 1.45 1.34 1.04 0.93

Thessaloniki Port Authority 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 1.21 1.04 1.03 0.90 0.96

Thessaloniki Port Authority Debt-to-EBITDA Competitor Comparison

For the Marine Shipping subindustry, Thessaloniki Port Authority'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.


Thessaloniki Port Authority Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Thessaloniki Port Authority's Debt-to-EBITDA distribution charts can be found below:

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


ATH:OLTH
94GF Score
Thessaloniki Port Authority SA ATH:OLTH
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thessaloniki Port Authority Debt-to-EBITDA Calculation

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

Thessaloniki Port Authority'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
=(2.284 + 44.83) / 50.52
=0.93

Thessaloniki Port Authority'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
=(2.284 + 44.83) / 49.216
=0.96

* 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 0.96 mean?
Thessaloniki Port Authority (ATH:OLTH) has a Debt-to-EBITDA of 0.96 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 Thessaloniki Port Authority. This is 30% below median its historical median of 1.37. According to the industry distribution chart, Thessaloniki Port Authority ranks #165 out of 869 companies in the Transportation industry, placing it in the top 19%.
Is Thessaloniki Port Authority's Debt-to-EBITDA too high?
Thessaloniki Port Authority's current Debt-to-EBITDA of 0.96 is 30% below median its 10-year median of 1.37. The Transportation industry median Debt-to-EBITDA is 2.65. Thessaloniki Port Authority's value of 0.96 is 63.8% below this industry median. Based on the distribution chart, Thessaloniki Port Authority ranks #165 out of 869 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Thessaloniki Port Authority has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thessaloniki Port Authority's Debt-to-EBITDA compare to competitors?
According to the Transportation industry distribution chart, Thessaloniki Port Authority ranks #165 out of 869 companies for Debt-to-EBITDA. This places Thessaloniki Port Authority in the top 19% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.65. Thessaloniki Port Authority's value of 0.96 is 63.8% below this benchmark. While the company's 10-year median is 1.37 vs. the industry median of 2.65, Thessaloniki Port Authority has consistently been below 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 Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.65, based on 869 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. Thessaloniki Port Authority's current Debt-to-EBITDA of 0.96 is 63.8% below 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 Thessaloniki Port Authority. For the Transportation industry, the median Debt-to-EBITDA is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thessaloniki Port Authority's current Debt-to-EBITDA is 0.96, which is 30% below median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thessaloniki Port Authority stock overvalued right now?
Based on GuruFocus' analysis, Thessaloniki Port Authority (ATH:OLTH) is currently considered Modestly Overvalued. The stock's GF Value™ is €31.67, compared to a current price of €36.70 — trading 15.9% above its estimated fair value. The current Debt-to-EBITDA is 0.96, which is 30% below median its 10-year median of 1.37 and 63.8% below the Transportation industry median of 2.65. Thessaloniki Port Authority's overall GF Score™ is 94/100 with 2 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 Thessaloniki Port Authority (ATH:OLTH), the current Debt-to-EBITDA is 0.96 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 Thessaloniki Port Authority (ATH:OLTH) Overvalued in 2026?

Based on GuruFocus' analysis, Thessaloniki Port Authority stock appears to be overvalued. The current stock price of €36.70 is trading 15.9% above its estimated GF Value™ of €31.67. GuruFocus considers Thessaloniki Port Authority to be Modestly Overvalued.

Key valuation signals for ATH:OLTH:

  • Debt-to-EBITDA: 0.96 (30% below median its 10-year median of 1.37)
  • GF Value™: €31.67 vs. price of €36.70 (15.9% above fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 63.8% below the Transportation median (#165 of 869)

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


Thessaloniki Port Authority Business Description

Other Exchanges 03P:Germany
Address Pier No 1, Port of Thessaloniki, Thessaloniki, GRC, 54625
Thessaloniki Port Authority SA operates in the sector of auxiliary activities related to transportation, providing services at the Port of Thessaloniki, including loading and unloading of cargo, storage, port services and passenger traffic. Its business activities include services for unitized cargoes (containers), conventional cargoes (bulk, general and RO-RO), coastal and cruise passengers, vessels (anchoring, mooring, berthing and other services), users of port and non-port facilities including car parking operations, and intermodal transport services (dry-port) through the Company and its subsidiary ThPA Sofia EAD. The Company's operating segments are Container Terminal, Conventional Cargo, Passenger Traffic, Exploitation of Sites and Intermodal.
94GF Score

Get the complete analysis for ATH:OLTH

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

€36.70
Price
€31.67
GF Value