Thrace Plastics Holding and Commercial (ATH:PLAT) Debt-to-EBITDA : 1.57 (As of Mar. 2026) — Near Median

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ATH:PLAT Thrace Plastics Holding and Commercial SA ATH:PLAT
77 GF Score
Price €5.21
GF Value €4.47
Valuation Modestly Overvalued
! 12 Warning Signs
View Full Analysis

What is Thrace Plastics Holding and Commercial Debt-to-EBITDA?

Thrace Plastics Holding and Commercial ATH:PLAT +0.58% 77 Debt-to-EBITDA is 1.57 as of Mar. 2026, which is 2% below its 10-year median of 1.61. GuruFocus rates ATH:PLAT with a GF Score™ of 77/100 and a GF Value™ of €4.47 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 809 Manufacturing - Apparel & Accessories companies, Thrace Plastics Holding and Commercial ranks better than 64.03% on this metric.

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

Thrace Plastics Holding and Commercial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €45.6 Mil. Thrace Plastics Holding and Commercial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €50.6 Mil. Thrace Plastics Holding and Commercial's annualized EBITDA for the quarter that ended in Mar. 2026 was €61.4 Mil. Thrace Plastics Holding and Commercial's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.57.

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 Thrace Plastics Holding and Commercial's Debt-to-EBITDA or its related term are showing as below:

ATH:PLAT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.51   Med: 1.61   Max: 3.59
Current: 1.65

During the past 13 years, the highest Debt-to-EBITDA Ratio of Thrace Plastics Holding and Commercial was 3.59. The lowest was 0.51. And the median was 1.61.

ATH:PLAT's Debt-to-EBITDA is ranked better than
64.03% of 809 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.72 vs ATH:PLAT: 1.65

Thrace Plastics Holding and Commercial  (ATH:PLAT) 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.


Thrace Plastics Holding and Commercial Debt-to-EBITDA Related Terms


Thrace Plastics Holding and Commercial Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Thrace Plastics Holding and Commercial'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.

Thrace Plastics Holding and Commercial Debt-to-EBITDA Chart

Thrace Plastics Holding and Commercial 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 0.51 1.11 1.20 1.58 1.64

Thrace Plastics Holding and Commercial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.09 1.23 1.40 1.93 1.57

ATH:PLAT vs AIN: Debt-to-EBITDA Comparison

For the Textile Manufacturing subindustry, Thrace Plastics Holding and Commercial'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.


Thrace Plastics Holding and Commercial Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thrace Plastics Holding and Commercial's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Thrace Plastics Holding and Commercial's Debt-to-EBITDA falls into.


ATH:PLAT
77GF Score
Thrace Plastics Holding and Commercial SA ATH:PLAT
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thrace Plastics Holding and Commercial Debt-to-EBITDA Calculation

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

Thrace Plastics Holding and Commercial'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
=(43.934 + 39.367) / 50.911
=1.64

Thrace Plastics Holding and Commercial's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(45.557 + 50.633) / 61.388
=1.57

* 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 four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.57 mean?
Thrace Plastics Holding and Commercial (ATH:PLAT) has a Debt-to-EBITDA of 1.57 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Thrace Plastics Holding and Commercial. This is near median its historical median of 1.61. Over the past decade, Thrace Plastics Holding and Commercial's Debt-to-EBITDA has ranged from 0.51 to 3.59. According to the industry distribution chart, Thrace Plastics Holding and Commercial ranks #291 out of 809 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 36%.
Is Thrace Plastics Holding and Commercial's Debt-to-EBITDA too high?
Thrace Plastics Holding and Commercial's current Debt-to-EBITDA of 1.57 is near median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 3.59. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.72. Thrace Plastics Holding and Commercial's value of 1.57 is 42.3% below this industry median. Based on the distribution chart, Thrace Plastics Holding and Commercial ranks #291 out of 809 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Thrace Plastics Holding and Commercial has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thrace Plastics Holding and Commercial's Debt-to-EBITDA compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Thrace Plastics Holding and Commercial ranks #291 out of 809 companies for Debt-to-EBITDA. This puts Thrace Plastics Holding and Commercial in the upper half of its industry. The industry median Debt-to-EBITDA is 2.72. Thrace Plastics Holding and Commercial's value of 1.57 is 42.3% below this benchmark. Historically, Thrace Plastics Holding and Commercial's own Debt-to-EBITDA has ranged from 0.51 to 3.59 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 2.72, Thrace Plastics Holding and Commercial 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.72, based on 809 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. Thrace Plastics Holding and Commercial's current Debt-to-EBITDA of 1.57 is 42.3% 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 Thrace Plastics Holding and Commercial. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thrace Plastics Holding and Commercial's current Debt-to-EBITDA is 1.57, which is near median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thrace Plastics Holding and Commercial stock overvalued right now?
Based on GuruFocus' analysis, Thrace Plastics Holding and Commercial (ATH:PLAT) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.47, compared to a current price of €5.21 — trading 16.6% above its estimated fair value. The current Debt-to-EBITDA is 1.57, which is near median its 10-year median of 1.61 and 42.3% below the Manufacturing - Apparel & Accessories industry median of 2.72. Thrace Plastics Holding and Commercial's overall GF Score™ is 77/100 with 12 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 Thrace Plastics Holding and Commercial (ATH:PLAT), the current Debt-to-EBITDA is 1.57 as of Mar. 2026. 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 Thrace Plastics Holding and Commercial (ATH:PLAT) Overvalued in 2026?

Based on GuruFocus' analysis, Thrace Plastics Holding and Commercial stock appears to be overvalued. The current stock price of €5.21 is trading 16.6% above its estimated GF Value™ of €4.47. GuruFocus considers Thrace Plastics Holding and Commercial to be Modestly Overvalued.

Key valuation signals for ATH:PLAT:

  • Debt-to-EBITDA: 1.57 (near median its 10-year median of 1.61)
  • GF Value™: €4.47 vs. price of €5.21 (16.6% above fair value)
  • GF Score™: 77/100 with 12 warning signs
  • Industry Position: 42.3% below the Manufacturing - Apparel & Accessories median (#291 of 809)

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


Thrace Plastics Holding and Commercial Business Description

Other Exchanges TP3:Germany
Address 20 Marinou Antypa Street, Alimos, Attica, Athens, GRC, 17455
Thrace Plastics Holding and Commercial SA are engaged in the production and distribution of polypropylene products. The business segments of the company are the technical fabrics sector which is concerned with the production and trade of synthetic fabrics for industrial and technical uses; packaging sector which is concerned with production and trade of industrial products, including mainly bags and palletizing film for the packaging of fertilizers, fish feed, animal feed and chemical and inert materials; and Other, that includes agriculture sector. Geographically, the company generates majority of its revenue from European Union Countries.
77GF Score

Get the complete analysis for ATH:PLAT

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

€5.21
Price
€4.47
GF Value