Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 Onward Technologies's Debt-to-EBITDA or its related term are showing as below:
BOM:517536'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.44 Med: 0.69 Max: 1.88
Current: 0.52
During the past 13 years, the highest Debt-to-EBITDA Ratio of Onward Technologies was 1.88. The lowest was 0.44. And the median was 0.69.
BOM:517536's Debt-to-EBITDA is ranked better than 65.33% of 1716
companies
in the Software industry
Industry Median: 1.08
vs BOM:517536: 0.52
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.
Onward Technologies Debt-to-EBITDA Related Terms
Onward Technologies Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Onward Technologies'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.
BOM:517536 vs IBM, ACN, FISV: Debt-to-EBITDA Comparison
For the Information Technology Services subindustry, Onward Technologies'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.
Onward Technologies Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Onward Technologies's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Onward Technologies'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 four times the quarterly (Jun. 2026) EBITDA data.
Onward Technologies (BOM:517536) has a Debt-to-EBITDA of 0.00 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Onward Technologies. Over the past decade, Onward Technologies' Debt-to-EBITDA has ranged from 0.44 to 1.88. According to the industry distribution chart, Onward Technologies ranks #595 out of 1716 companies in the Software industry, placing it in the top 34.7%.
Is Onward Technologies' Debt-to-EBITDA too high?
Onward Technologies' current Debt-to-EBITDA is 0.00. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.88. Based on the distribution chart, Onward Technologies ranks #595 out of 1716 companies in the Software industry, which is above the industry midpoint. Overall, Onward Technologies has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Onward Technologies' Debt-to-EBITDA compare to IBM and ACN?
According to the Software industry distribution chart, Onward Technologies ranks #595 out of 1716 companies for Debt-to-EBITDA. This puts Onward Technologies in the upper half of its industry. The industry median Debt-to-EBITDA is 1.08. Historically, Onward Technologies' own Debt-to-EBITDA has ranged from 0.44 to 1.88 over the past decade. 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 1.08, based on 1,716 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 Onward Technologies. For the Software industry, the median Debt-to-EBITDA is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onward Technologies's current Debt-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onward Technologies stock overvalued right now?
Based on GuruFocus' analysis, Onward Technologies (BOM:517536) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹391.68, compared to a current price of ₹285.00 — trading 27.2% below its estimated fair value. The current Debt-to-EBITDA is 0.00. Onward Technologies' overall GF Score™ is 79/100 with 1 warning sign 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 Onward Technologies (BOM:517536), the current Debt-to-EBITDA is 0.00 as of Jun. 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 Onward Technologies (BOM:517536) Overvalued in 2026?
Based on GuruFocus' analysis, Onward Technologies stock appears to be undervalued.
The current stock price of ₹285.00 is trading 27.2% below its estimated GF Value™ of ₹391.68.
GuruFocus considers Onward Technologies to be Modestly Undervalued.
Key valuation signals for BOM:517536:
Debt-to-EBITDA: 0.00
GF Value™: ₹391.68 vs. price of ₹285.00 (27.2% below fair value)
No single metric tells the full story. See the BOM:517536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Onward Technologies Ltd is an Indian company that is engaged in software development, testing, and integration for partner industries of the future. Its services are Digital Services, Embedded Products & Systems, and Mechanical Product Engineering. Its industries include Automotive, Renewables, Hydro Energy, Construction, Agricultural and Mining Equipment, Rail Transportation, and others. It has one operating segment which is ER&D (Engineering, Research and Development) service and digital services. The majority of the company's revenue comes from India. It also operates outside India.
79GF Score
Get the complete analysis for BOM:517536
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:517536 has been successfully added to your 
