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AlpargatasBSP:ALPA3 -2.92%73 Debt-to-EBITDA is 1.24 as of Mar. 2026, which is 13% above its 10-year median of 1.10. GuruFocus rates BSP:ALPA3 with a GF Score™ of 73/100 and a GF Value™ of R$8.25 (Fairly Valued). The stock has 3 warning signs investors should review. Among 814 Manufacturing - Apparel & Accessories companies, Alpargatas ranks better than 67.81% 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 Alpargatas's Debt-to-EBITDA or its related term are showing as below:
BSP:ALPA3'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.98 Med: 1.1 Max: 3.28
Current: 1.39
During the past 13 years, the highest Debt-to-EBITDA Ratio of Alpargatas was 3.28. The lowest was -0.98. And the median was 1.10.
BSP:ALPA3's Debt-to-EBITDA is ranked better than 67.81% of 814
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.73
vs BSP:ALPA3: 1.39
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.
Alpargatas Debt-to-EBITDA Related Terms
Alpargatas Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Alpargatas'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.
BSP:ALPA3 vs NKE, DECK, ONON: Debt-to-EBITDA Comparison
For the Footwear & Accessories subindustry, Alpargatas'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.
Alpargatas Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Alpargatas's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Alpargatas'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 (Mar. 2026) EBITDA data.
Alpargatas (BSP:ALPA3) has a Debt-to-EBITDA of 1.24 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 Alpargatas. This is 13% above median its historical median of 1.10. According to the industry distribution chart, Alpargatas ranks #262 out of 814 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 32.2%.
Is Alpargatas' Debt-to-EBITDA too high?
Alpargatas' current Debt-to-EBITDA of 1.24 is 13% above median its 10-year median of 1.10. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.73. Alpargatas' value of 1.24 is 54.6% below this industry median. Based on the distribution chart, Alpargatas ranks #262 out of 814 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Alpargatas has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alpargatas' Debt-to-EBITDA compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Alpargatas ranks #262 out of 814 companies for Debt-to-EBITDA. This puts Alpargatas in the upper half of its industry. The industry median Debt-to-EBITDA is 2.73. Alpargatas' value of 1.24 is 54.6% below this benchmark. While the company's 10-year median is 1.10 vs. the industry median of 2.73, Alpargatas 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 2.73, based on 814 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. Alpargatas's current Debt-to-EBITDA of 1.24 is 54.6% 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 Alpargatas. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpargatas's current Debt-to-EBITDA is 1.24, which is 13% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpargatas stock overvalued right now?
Based on GuruFocus' analysis, Alpargatas (BSP:ALPA3) is currently considered Fairly Valued. The stock's GF Value™ is R$8.25, compared to a current price of R$8.64 — trading 4.7% above its estimated fair value. The current Debt-to-EBITDA is 1.24, which is 13% above median its 10-year median of 1.10 and 54.6% below the Manufacturing - Apparel & Accessories industry median of 2.73. Alpargatas' overall GF Score™ is 73/100 with 3 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 Alpargatas (BSP:ALPA3), the current Debt-to-EBITDA is 1.24 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 Alpargatas (BSP:ALPA3) Overvalued in 2026?
Based on GuruFocus' analysis, Alpargatas stock appears to be overvalued.
The current stock price of R$8.64 is trading 4.7% above its estimated GF Value™ of R$8.25.
GuruFocus considers Alpargatas to be Fairly Valued.
Key valuation signals for BSP:ALPA3:
Debt-to-EBITDA: 1.24 (13% above median its 10-year median of 1.10)
GF Value™: R$8.25 vs. price of R$8.64 (4.7% above fair value)
Industry Position: 54.6% below the Manufacturing - Apparel & Accessories median (#262 of 814)
No single metric tells the full story. See the BSP:ALPA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alpargatas SA primarily manufactures footwear, apparel, and sports items. Brands the company owns or manufactures under license include Havaianas, dupe, Osklen, Mizuno, Megga, and Sete Leguas. Alpargatas reaches consumers through third-party retailers and through its own retail stores. Most of the company's sales are in Brazil and Argentina, with sales in Brazil accounting for more than half of the company's total sales. Remaining revenue is generated by the company's subsidiaries in Europe and the United States, and through direct exports.
73GF Score
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