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Patria InvestmentsBSP:P2AX34 67 Debt-to-EBITDA is 0.93 as of Dec. 2025, which is 745% above its 10-year median of 0.11. GuruFocus rates BSP:P2AX34 with a GF Score™ of 67/100 and a GF Value™ of R$40.71 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 384 Asset Management companies, Patria Investments ranks better than 52.6% 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 Patria Investments's Debt-to-EBITDA or its related term are showing as below:
BSP:P2AX34'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02 Med: 0.11 Max: 1.88
Current: 1.26
During the past 8 years, the highest Debt-to-EBITDA Ratio of Patria Investments was 1.88. The lowest was 0.02. And the median was 0.11.
BSP:P2AX34's Debt-to-EBITDA is ranked better than 52.6% of 384
companies
in the Asset Management industry
Industry Median: 1.395
vs BSP:P2AX34: 1.26
Patria Investments (BSP:P2AX34) Debt-to-EBITDA Explanation
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.
Patria Investments Debt-to-EBITDA Related Terms
Patria Investments Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Patria Investments'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:P2AX34 vs GAB, ETG, USA: Debt-to-EBITDA Comparison
For the Asset Management subindustry, Patria Investments'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.
Patria Investments Debt-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Patria Investments's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Patria Investments'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 (Dec. 2025) EBITDA data.
Patria Investments (BSP:P2AX34) has a Debt-to-EBITDA of 0.93 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 Patria Investments. This is 745% above median its historical median of 0.11. Over the past decade, Patria Investments' Debt-to-EBITDA has ranged from 0.02 to 1.88. According to the industry distribution chart, Patria Investments ranks #182 out of 384 companies in the Asset Management industry, placing it in the top 47.4%.
Is Patria Investments' Debt-to-EBITDA too high?
Patria Investments' current Debt-to-EBITDA of 0.93 is 745% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 1.88. The Asset Management industry median Debt-to-EBITDA is 1.40. Patria Investments' value of 0.93 is 33.3% below this industry median. Based on the distribution chart, Patria Investments ranks #182 out of 384 companies in the Asset Management industry, which is above the industry midpoint. Overall, Patria Investments has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Patria Investments' Debt-to-EBITDA compare to GAB and ETG?
According to the Asset Management industry distribution chart, Patria Investments ranks #182 out of 384 companies for Debt-to-EBITDA. This puts Patria Investments in the upper half of its industry. The industry median Debt-to-EBITDA is 1.40. Patria Investments' value of 0.93 is 33.3% below this benchmark. Historically, Patria Investments' own Debt-to-EBITDA has ranged from 0.02 to 1.88 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 1.40, Patria Investments 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 an Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.40, based on 384 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. Patria Investments's current Debt-to-EBITDA of 0.93 is 33.3% 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 Patria Investments. For the Asset Management industry, the median Debt-to-EBITDA is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patria Investments's current Debt-to-EBITDA is 0.93, which is 745% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patria Investments stock overvalued right now?
Based on GuruFocus' analysis, Patria Investments (BSP:P2AX34) is currently considered Possible Value Trap. The stock's GF Value™ is R$40.71, compared to a current price of R$28.32 — trading 30.4% below its estimated fair value. The current Debt-to-EBITDA is 0.93, which is 745% above median its 10-year median of 0.11 and 33.3% below the Asset Management industry median of 1.40. Patria Investments' overall GF Score™ is 67/100 with 7 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 Patria Investments (BSP:P2AX34), the current Debt-to-EBITDA is 0.93 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 Patria Investments (BSP:P2AX34) Overvalued in 2026?
Based on GuruFocus' analysis, Patria Investments stock appears to be undervalued.
The current stock price of R$28.32 is trading 30.4% below its estimated GF Value™ of R$40.71.
GuruFocus considers Patria Investments to be Possible Value Trap.
Key valuation signals for BSP:P2AX34:
Debt-to-EBITDA: 0.93 (745% above median its 10-year median of 0.11)
GF Value™: R$40.71 vs. price of R$28.32 (30.4% below fair value)
Industry Position: 33.3% below the Asset Management median (#182 of 384)
No single metric tells the full story. See the BSP:P2AX34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Patria Investments Ltd is an alternative asset management firm specializing in resilient sectors across select regions. It seeks to provide world-wide and Latin American investors with attractive investment products that allows portfolio diversification and consistent returns. The group promotes inclusive and sustainable development in the Asset Classes: Private Equity, Private Equity Solutions, Credit, Real Estate, Infrastructure, and Public Equities Main sectors: Agribusiness, Power & Energy, Healthcare, Logistics & Transportations, Food & Beverage and Digital & Tech Services Investment Regions.
67GF Score
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