Jet Contractors (CAS:JET) Debt-to-EBITDA : 2.57 (As of Dec. 2025) — 63% Above 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.

CAS:JET Jet Contractors SA CAS:JET
30 GF Score
Price MAD2,075.00
GF Value MAD1,243.10
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Jet Contractors Debt-to-EBITDA?

Jet Contractors CAS:JET -0.72% 30 Debt-to-EBITDA is 2.57 as of Dec. 2025, which is 63% above its 10-year median of 1.58. GuruFocus rates CAS:JET with a GF Score™ of 30/100 and a GF Value™ of MAD1,243.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 331 Building Materials companies, Jet Contractors ranks better than 51.36% on this metric.

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

Jet Contractors's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was MAD0 Mil. Jet Contractors's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was MAD13,053 Mil. Jet Contractors's annualized EBITDA for the quarter that ended in Dec. 2025 was MAD5,072 Mil. Jet Contractors's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 2.57.

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

CAS:JET' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.35   Med: 1.58   Max: 2.18
Current: 2.13

During the past 7 years, the highest Debt-to-EBITDA Ratio of Jet Contractors was 2.18. The lowest was 0.35. And the median was 1.58.

CAS:JET's Debt-to-EBITDA is ranked better than
51.36% of 331 companies
in the Building Materials industry
Industry Median: 2.27 vs CAS:JET: 2.13

Jet Contractors  (CAS:JET) 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.


Jet Contractors Debt-to-EBITDA Related Terms


Jet Contractors Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Jet Contractors'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.

Jet Contractors Debt-to-EBITDA Chart

Jet Contractors Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 1.94 1.58 1.06 0.66 2.11

Jet Contractors Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.42 0.49 1.15 1.86 2.57

CAS:JET vs CRH, VMC, MLM: Debt-to-EBITDA Comparison

For the Building Materials subindustry, Jet Contractors'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.


Jet Contractors Debt-to-EBITDA vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Jet Contractors's Debt-to-EBITDA distribution charts can be found below:

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


CAS:JET
30GF Score
Jet Contractors SA CAS:JET
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jet Contractors Debt-to-EBITDA Calculation

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

Jet Contractors'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
=(0 + 13052.653) / 6186.101
=2.11

Jet Contractors's annualized Debt-to-EBITDA for the quarter 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
=(0 + 13052.653) / 5072.296
=2.57

* 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 two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.57 mean?
Jet Contractors (CAS:JET) has a Debt-to-EBITDA of 2.57 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 Jet Contractors. This is 63% above median its historical median of 1.58. Over the past decade, Jet Contractors' Debt-to-EBITDA has ranged from 0.35 to 2.18. According to the industry distribution chart, Jet Contractors ranks #161 out of 331 companies in the Building Materials industry, placing it in the top 48.6%.
Is Jet Contractors' Debt-to-EBITDA too high?
Jet Contractors' current Debt-to-EBITDA of 2.57 is 63% above median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.18. The Building Materials industry median Debt-to-EBITDA is 2.27. Jet Contractors' value of 2.57 is 13.2% above this industry median. Based on the distribution chart, Jet Contractors ranks #161 out of 331 companies in the Building Materials industry, which is above the industry midpoint. Overall, Jet Contractors has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jet Contractors' Debt-to-EBITDA compare to CRH and VMC?
According to the Building Materials industry distribution chart, Jet Contractors ranks #161 out of 331 companies for Debt-to-EBITDA. This puts Jet Contractors in the upper half of its industry. The industry median Debt-to-EBITDA is 2.27. Jet Contractors' value of 2.57 is 13.2% above this benchmark. Historically, Jet Contractors' own Debt-to-EBITDA has ranged from 0.35 to 2.18 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 2.27, Jet Contractors 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 Building Materials company?
The median Debt-to-EBITDA among Building Materials companies is 2.27, based on 331 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. Jet Contractors's current Debt-to-EBITDA of 2.57 is 13.2% 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 Jet Contractors. For the Building Materials industry, the median Debt-to-EBITDA is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jet Contractors's current Debt-to-EBITDA is 2.57, which is 63% above median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jet Contractors stock overvalued right now?
Based on GuruFocus' analysis, Jet Contractors (CAS:JET) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD1,243.10, compared to a current price of MAD2,075.00 — trading 66.9% above its estimated fair value. The current Debt-to-EBITDA is 2.57, which is 63% above median its 10-year median of 1.58 and 13.2% above the Building Materials industry median of 2.27. Jet Contractors' overall GF Score™ is 30/100 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 Jet Contractors (CAS:JET), the current Debt-to-EBITDA is 2.57 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 Jet Contractors (CAS:JET) Overvalued in 2026?

Based on GuruFocus' analysis, Jet Contractors stock appears to be overvalued. The current stock price of MAD2,075.00 is trading 66.9% above its estimated GF Value™ of MAD1,243.10. GuruFocus considers Jet Contractors to be Significantly Overvalued.

Key valuation signals for CAS:JET:

  • Debt-to-EBITDA: 2.57 (63% above median its 10-year median of 1.58)
  • GF Value™: MAD1,243.10 vs. price of MAD2,075.00 (66.9% above fair value)
  • GF Score™: 30/100 with 5 warning signs
  • Industry Position: 13.2% above the Building Materials median (#161 of 331)

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


Jet Contractors Business Description

Address Industrial District of Oued Ykkem, Skhirate, MAR, CP 12040
Jet Contractors SA is a general contractor. The company is engaged in general contracting, construction of complex architectural projects, wood and metallic structures, fiber-reinforced concrete architecture, and production of solar panels. The company handles feasibility studies, consulting, design, manufacturing, delivery, and installation of building projects.
30GF Score

Get the complete analysis for CAS:JET

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

MAD2,075.00
Price
MAD1,243.10
GF Value