Comelf (BSE:CMF) Debt-to-EBITDA : 2.53 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BSE:CMF Comelf SA BSE:CMF
79 GF Score
Price lei4.60
GF Value lei4.65
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Comelf Debt-to-EBITDA?

Comelf BSE:CMF +1.32% 79 Debt-to-EBITDA is 2.53 as of Mar. 2026, which is 7% below its 10-year median of 2.72. GuruFocus rates BSE:CMF with a GF Score™ of 79/100 and a GF Value™ of lei4.65 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,330 Industrial Products companies, Comelf ranks worse than 62.36% on this metric.

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

Comelf's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was lei36.0 Mil. Comelf's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was lei0.0 Mil. Comelf's annualized EBITDA for the quarter that ended in Mar. 2026 was lei14.2 Mil. Comelf's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.53.

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 Comelf's Debt-to-EBITDA or its related term are showing as below:

BSE:CMF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.75   Med: 2.72   Max: 3.44
Current: 2.69

During the past 13 years, the highest Debt-to-EBITDA Ratio of Comelf was 3.44. The lowest was 1.75. And the median was 2.72.

BSE:CMF's Debt-to-EBITDA is ranked worse than
62.36% of 2330 companies
in the Industrial Products industry
Industry Median: 1.68 vs BSE:CMF: 2.69

Comelf  (BSE:CMF) 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.


Comelf Debt-to-EBITDA Related Terms


Comelf Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Comelf'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.

Comelf Debt-to-EBITDA Chart

Comelf 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 2.80 3.22 1.89 1.75 2.47

Comelf 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 1.93 2.03 2.23 5.52 2.53

BSE:CMF vs GEV, ETN, PH: Debt-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, Comelf'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.


Comelf Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Comelf's Debt-to-EBITDA distribution charts can be found below:

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


BSE:CMF
79GF Score
Comelf SA BSE:CMF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comelf Debt-to-EBITDA Calculation

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

Comelf'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
=(35.144 + 0) / 14.214
=2.47

Comelf'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
=(35.995 + 0) / 14.224
=2.53

* 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 2.53 mean?
Comelf (BSE:CMF) has a Debt-to-EBITDA of 2.53 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 Comelf. This is near median its historical median of 2.72. Over the past decade, Comelf's Debt-to-EBITDA has ranged from 1.75 to 3.44. According to the industry distribution chart, Comelf ranks #1453 out of 2330 companies in the Industrial Products industry, placing it in the top 62.4%.
Is Comelf's Debt-to-EBITDA too high?
Comelf's current Debt-to-EBITDA of 2.53 is near median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 3.44. The Industrial Products industry median Debt-to-EBITDA is 1.68. Comelf's value of 2.53 is 50.6% above this industry median. Based on the distribution chart, Comelf ranks #1453 out of 2330 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Comelf has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Comelf's Debt-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Comelf ranks #1453 out of 2330 companies for Debt-to-EBITDA. This places Comelf in the lower half of its industry. The industry median Debt-to-EBITDA is 1.68. Comelf's value of 2.53 is 50.6% above this benchmark. Historically, Comelf's own Debt-to-EBITDA has ranged from 1.75 to 3.44 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 1.68, Comelf 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.68, based on 2,330 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. Comelf's current Debt-to-EBITDA of 2.53 is 50.6% 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 Comelf. For the Industrial Products industry, the median Debt-to-EBITDA is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comelf's current Debt-to-EBITDA is 2.53, which is near median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comelf stock overvalued right now?
Based on GuruFocus' analysis, Comelf (BSE:CMF) is currently considered Fairly Valued. The stock's GF Value™ is lei4.65, compared to a current price of lei4.60 — trading 1.1% below its estimated fair value. The current Debt-to-EBITDA is 2.53, which is near median its 10-year median of 2.72 and 50.6% above the Industrial Products industry median of 1.68. Comelf's overall GF Score™ is 79/100 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 Comelf (BSE:CMF), the current Debt-to-EBITDA is 2.53 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 Comelf (BSE:CMF) Overvalued in 2026?

Based on GuruFocus' analysis, Comelf stock appears to be undervalued. The current stock price of lei4.60 is trading 1.1% below its estimated GF Value™ of lei4.65. GuruFocus considers Comelf to be Fairly Valued.

Key valuation signals for BSE:CMF:

  • Debt-to-EBITDA: 2.53 (near median its 10-year median of 2.72)
  • GF Value™: lei4.65 vs. price of lei4.60 (1.1% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 50.6% above the Industrial Products median (#1453 of 2330)

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


Comelf Business Description

Address No. 4 Industriei Street, Bistrita Nasaud County, Bistrita, ROU, 420063
Comelf SA is engaged in the production of engines and turbines. The company manufactures equipment and components for power stations and environmental protection equipment for earthmoving, lifting, and transportation equipment, including their sub-assemblies, steel structures, weapons ammunition, road transport vehicles, and military combat. Its product portfolio includes Bag Filters, scrapers for primary radial settling tanks, Mechanical equipment for methane tanks, Equipment for wastewater treatment, and others. Its segments consist of a Factory of stainless steel products(FPI), a Factory for Earth Moving Machinery and Equipment, Bag Filters, and Electrostatic Precipitators(FUET), and a Factory for Earth Moving Machines and Components(TERRA). It derives maximum revenue from FPI segment.
79GF Score

Get the complete analysis for BSE:CMF

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

lei4.60
Price
lei4.65
GF Value