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Quality and ReliabilityATH:QUAL +1.90%77 Debt-to-EBITDA is 5.14 as of Dec. 2025, which is 42% below its 10-year median of 8.88. GuruFocus rates ATH:QUAL with a GF Score™ of 77/100 and a GF Value™ of €2.09 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,719 Software companies, Quality and Reliability ranks worse than 78.65% 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 Quality and Reliability's Debt-to-EBITDA or its related term are showing as below:
ATH:QUAL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.91 Med: 8.88 Max: 88.42
Current: 3.46
During the past 13 years, the highest Debt-to-EBITDA Ratio of Quality and Reliability was 88.42. The lowest was 2.91. And the median was 8.88.
ATH:QUAL's Debt-to-EBITDA is ranked worse than 78.65% of 1719
companies
in the Software industry
Industry Median: 0.98
vs ATH:QUAL: 3.46
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.
Quality and Reliability Debt-to-EBITDA Related Terms
Quality and Reliability Debt-to-EBITDA Historical Data
* 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.
ATH:QUAL vs CRM, SHOP, UBER: Debt-to-EBITDA Comparison
For the Software - Application subindustry, Quality and Reliability'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.
Quality and Reliability Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Quality and Reliability's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Quality and Reliability'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.
Quality and Reliability (ATH:QUAL) has a Debt-to-EBITDA of 5.14 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 Quality and Reliability. This is 42% below median its historical median of 8.88. Over the past decade, Quality and Reliability's Debt-to-EBITDA has ranged from 2.91 to 88.42. According to the industry distribution chart, Quality and Reliability ranks #1352 out of 1719 companies in the Software industry, placing it in the top 78.7%.
Is Quality and Reliability's Debt-to-EBITDA too high?
Quality and Reliability's current Debt-to-EBITDA of 5.14 is 42% below median its 10-year median of 8.88. Over the past 10 years, this metric has ranged from a low of 2.91 to a high of 88.42. The Software industry median Debt-to-EBITDA is 0.98. Quality and Reliability's value of 5.14 is 424.5% above this industry median. Based on the distribution chart, Quality and Reliability ranks #1352 out of 1719 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Quality and Reliability has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Quality and Reliability's Debt-to-EBITDA compare to CRM and SHOP?
According to the Software industry distribution chart, Quality and Reliability ranks #1352 out of 1719 companies for Debt-to-EBITDA. This places Quality and Reliability in the lower half of its industry. The industry median Debt-to-EBITDA is 0.98. Quality and Reliability's value of 5.14 is 424.5% above this benchmark. Historically, Quality and Reliability's own Debt-to-EBITDA has ranged from 2.91 to 88.42 over the past decade. While the company's 10-year median is 8.88 vs. the industry median of 0.98, Quality and Reliability 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 Software company?
The median Debt-to-EBITDA among Software companies is 0.98, based on 1,719 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. Quality and Reliability's current Debt-to-EBITDA of 5.14 is 424.5% 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 Quality and Reliability. For the Software industry, the median Debt-to-EBITDA is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quality and Reliability's current Debt-to-EBITDA is 5.14, which is 42% below median its own 10-year median of 8.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality and Reliability stock overvalued right now?
Based on GuruFocus' analysis, Quality and Reliability (ATH:QUAL) is currently considered Possible Value Trap. The stock's GF Value™ is €2.09, compared to a current price of €1.28 — trading 38.6% below its estimated fair value. The current Debt-to-EBITDA is 5.14, which is 42% below median its 10-year median of 8.88 and 424.5% above the Software industry median of 0.98. Quality and Reliability's overall GF Score™ is 77/100 with 4 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 Quality and Reliability (ATH:QUAL), the current Debt-to-EBITDA is 5.14 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 Quality and Reliability (ATH:QUAL) Overvalued in 2026?
Based on GuruFocus' analysis, Quality and Reliability stock appears to be undervalued.
The current stock price of €1.28 is trading 38.6% below its estimated GF Value™ of €2.09.
GuruFocus considers Quality and Reliability to be Possible Value Trap.
Key valuation signals for ATH:QUAL:
Debt-to-EBITDA: 5.14 (42% below median its 10-year median of 8.88)
GF Value™: €2.09 vs. price of €1.28 (38.6% below fair value)
Industry Position: 424.5% above the Software median (#1352 of 1719)
No single metric tells the full story. See the ATH:QUAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quality and Reliability SA is engaged in software development and in the provision of integration services for information systems. The company delivers complex Integrated Information Systems for large and mid-size enterprises in the public and private sectors, cutting-edge technology solutions for Financial Institutions, Enterprise web Portals, white label e-Bookstore platforms & label e-commerce solutions, cross-platform Mobile Applications and multi-platform eBook interactive educational authoring tools.
77GF Score
Get the complete analysis for ATH:QUAL
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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