BoxBOX -0.56%80 Debt-to-EBITDA is 3.39 as of Apr. 2026, which is 11% below its 10-year median of 3.83. GuruFocus rates BOX with a GF Score™ of 80/100 and a GF Value™ of $34.45 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,714 Software companies, Box ranks worse than 77.95% 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 Box's Debt-to-EBITDA or its related term are showing as below:
BOX'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.3 Med: 3.83 Max: 17.13
Current: 3.34
During the past 13 years, the highest Debt-to-EBITDA Ratio of Box was 17.13. The lowest was -5.30. And the median was 3.83.
BOX's Debt-to-EBITDA is ranked worse than 77.95% of 1714
companies
in the Software industry
Industry Median: 1.09
vs BOX: 3.34
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.
Box Debt-to-EBITDA Related Terms
Box Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Box'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.
For the Software - Infrastructure subindustry, Box'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.
Box Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Box's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Box'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 (Apr. 2026) EBITDA data.
Box (BOX) has a Debt-to-EBITDA of 3.39 as of Apr. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Box. This is 11% below median its historical median of 3.83. According to the industry distribution chart, Box ranks #1336 out of 1714 companies in the Software industry, placing it in the top 77.9%.
Is Box's Debt-to-EBITDA too high?
Box's current Debt-to-EBITDA of 3.39 is 11% below median its 10-year median of 3.83. The Software industry median Debt-to-EBITDA is 1.09. Box's value of 3.39 is 211% above this industry median. Based on the distribution chart, Box ranks #1336 out of 1714 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Box has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Box's Debt-to-EBITDA compare to DLO and FOUR?
According to the Software industry distribution chart, Box ranks #1336 out of 1714 companies for Debt-to-EBITDA. This places Box in the lower half of its industry. The industry median Debt-to-EBITDA is 1.09. Box's value of 3.39 is 211% above this benchmark. While the company's 10-year median is 3.83 vs. the industry median of 1.09, Box 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 1.09, based on 1,714 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. Box's current Debt-to-EBITDA of 3.39 is 211% 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 Box. For the Software industry, the median Debt-to-EBITDA is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Box's current Debt-to-EBITDA is 3.39, which is 11% below median its own 10-year median of 3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Box stock overvalued right now?
Based on GuruFocus' analysis, Box (BOX) is currently considered Modestly Undervalued. The stock's GF Value™ is $34.45, compared to a current price of $28.64 — trading 16.9% below its estimated fair value. The current Debt-to-EBITDA is 3.39, which is 11% below median its 10-year median of 3.83 and 211% above the Software industry median of 1.09. Box's overall GF Score™ is 80/100 with 5 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 Box (BOX), the current Debt-to-EBITDA is 3.39 as of Apr. 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 Box (BOX) Overvalued in 2026?
Based on GuruFocus' analysis, Box stock appears to be undervalued.
The current stock price of $28.64 is trading 16.9% below its estimated GF Value™ of $34.45.
GuruFocus considers Box to be Modestly Undervalued.
Key valuation signals for BOX:
Debt-to-EBITDA: 3.39 (11% below median its 10-year median of 3.83)
GF Value™: $34.45 vs. price of $28.64 (16.9% below fair value)
Industry Position: 211% above the Software median (#1336 of 1714)
No single metric tells the full story. See the BOX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Box is a cloud-based content management platform that provides storage and workflow collaboration services for enterprise customers. The firm was founded in 2005 as a file, sync, and share provider. Over time, it built out and acquired workflow and security tools to evolve the pure-play FSS business into a content management business. Most recently, Box has been pursuing an AI-powered, intelligent content management strategy that can allow for metadata extraction and workflow automation.
80GF Score
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