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Afry ABCHIX:AFRYS 66 Debt-to-EBITDA is 2.75 as of Jun. 2026, which is 6% below its 10-year median of 2.93. GuruFocus rates CHIX:AFRYS with a GF Score™ of 66/100 and a GF Value™ of kr158.44 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,405 Construction companies, Afry AB ranks worse than 52.67% 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 Afry AB's Debt-to-EBITDA or its related term are showing as below:
CHIX:AFRYs'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.32 Med: 2.93 Max: 3.75
Current: 2.39
During the past 13 years, the highest Debt-to-EBITDA Ratio of Afry AB was 3.75. The lowest was 2.32. And the median was 2.93.
CHIX:AFRYs's Debt-to-EBITDA is ranked worse than 52.67% of 1405
companies
in the Construction industry
Industry Median: 2.14
vs CHIX:AFRYs: 2.39
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.
Afry AB Debt-to-EBITDA Related Terms
Afry AB Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Afry AB'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.
CHIX:AFRYS vs PWR, FIX, EME: Debt-to-EBITDA Comparison
For the Engineering & Construction subindustry, Afry AB'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.
Afry AB Debt-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, Afry AB's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Afry AB'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 (Jun. 2026) EBITDA data.
Afry AB (CHIX:AFRYS) has a Debt-to-EBITDA of 2.75 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Afry AB. This is near median its historical median of 2.93. Over the past decade, Afry AB's Debt-to-EBITDA has ranged from 2.32 to 3.75. According to the industry distribution chart, Afry AB ranks #740 out of 1405 companies in the Construction industry, placing it in the top 52.7%.
Is Afry AB's Debt-to-EBITDA too high?
Afry AB's current Debt-to-EBITDA of 2.75 is near median its 10-year median of 2.93. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 3.75. The Construction industry median Debt-to-EBITDA is 2.14. Afry AB's value of 2.75 is 28.5% above this industry median. Based on the distribution chart, Afry AB ranks #740 out of 1405 companies in the Construction industry, which is below the industry midpoint. Overall, Afry AB has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afry AB's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Afry AB ranks #740 out of 1405 companies for Debt-to-EBITDA. This places Afry AB in the lower half of its industry. The industry median Debt-to-EBITDA is 2.14. Afry AB's value of 2.75 is 28.5% above this benchmark. Historically, Afry AB's own Debt-to-EBITDA has ranged from 2.32 to 3.75 over the past decade. While the company's 10-year median is 2.93 vs. the industry median of 2.14, Afry AB 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.14, based on 1,405 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. Afry AB's current Debt-to-EBITDA of 2.75 is 28.5% 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 Afry AB. For the Construction industry, the median Debt-to-EBITDA is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afry AB's current Debt-to-EBITDA is 2.75, which is near median its own 10-year median of 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afry AB stock overvalued right now?
Based on GuruFocus' analysis, Afry AB (CHIX:AFRYS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr158.44, compared to a current price of kr112.50 — trading 29% below its estimated fair value. The current Debt-to-EBITDA is 2.75, which is near median its 10-year median of 2.93 and 28.5% above the Construction industry median of 2.14. Afry AB's overall GF Score™ is 66/100 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 Afry AB (CHIX:AFRYS), the current Debt-to-EBITDA is 2.75 as of Jun. 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 Afry AB (CHIX:AFRYS) Overvalued in 2026?
Based on GuruFocus' analysis, Afry AB stock appears to be undervalued.
The current stock price of kr112.50 is trading 29% below its estimated GF Value™ of kr158.44.
GuruFocus considers Afry AB to be Modestly Undervalued.
Key valuation signals for CHIX:AFRYS:
Debt-to-EBITDA: 2.75 (near median its 10-year median of 2.93)
GF Value™: kr158.44 vs. price of kr112.50 (29% below fair value)
Industry Position: 28.5% above the Construction median (#740 of 1405)
No single metric tells the full story. See the CHIX:AFRYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afry AB is an engineering and consulting firm with projects in energy, industrial, and infrastructure markets. The business divisions of the company includes Hydro, Nuclear, Thermal, Transmission & Distribution, Renewables & Energy Storage, and Management Consulting. It constructs plants and provides market analysis for power generation, manufacturing facilities, and refining chemicals.
66GF Score
Get the complete analysis for CHIX:AFRYS
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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