Future (CHIX:FUTRL) Debt-to-EBITDA : 2.88 (As of Mar. 2026) — 65% Above Median

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Director of Data and Quant Analytics at GuruFocus
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CHIX:FUTRL Future PLC CHIX:FUTRL
62 GF Score
Price £3.07
GF Value £7.99
Valuation Possible Value Trap
! 6 Warning Signs
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What is Future Debt-to-EBITDA?

Future CHIX:FUTRL -1.29% 62 Debt-to-EBITDA is 2.88 as of Mar. 2026, which is 65% above its 10-year median of 1.75. GuruFocus rates CHIX:FUTRL with a GF Score™ of 62/100 and a GF Value™ of £7.99 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 677 Media - Diversified companies, Future ranks worse than 62.33% on this metric.

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

Future's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was £4.4 Mil. Future's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was £387.3 Mil. Future's annualized EBITDA for the quarter that ended in Mar. 2026 was £135.8 Mil. Future's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.88.

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

CHIX:FUTRl' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.19   Med: 1.75   Max: 4.02
Current: 2.56

During the past 13 years, the highest Debt-to-EBITDA Ratio of Future was 4.02. The lowest was -0.19. And the median was 1.75.

CHIX:FUTRl's Debt-to-EBITDA is ranked worse than
62.33% of 677 companies
in the Media - Diversified industry
Industry Median: 1.66 vs CHIX:FUTRl: 2.56

Future  (CHIX:FUTRl) 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.


Future Debt-to-EBITDA Related Terms


Future Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Future'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.

Future Debt-to-EBITDA Chart

Future Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.21 1.96 1.72 1.56 1.78

Future Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.74 1.51 1.60 1.98 2.88

CHIX:FUTRL vs NYT, WLY: Debt-to-EBITDA Comparison

For the Publishing subindustry, Future'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.


Future Debt-to-EBITDA vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Future's Debt-to-EBITDA distribution charts can be found below:

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


CHIX:FUTRL
62GF Score
Future PLC CHIX:FUTRL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Future Debt-to-EBITDA Calculation

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

Future's Debt-to-EBITDA for the fiscal year that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.6 + 331.7) / 189.8
=1.78

Future'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
=(4.4 + 387.3) / 135.8
=2.88

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.88 mean?
Future (CHIX:FUTRL) has a Debt-to-EBITDA of 2.88 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 Future. This is 65% above median its historical median of 1.75. According to the industry distribution chart, Future ranks #422 out of 677 companies in the Media - Diversified industry, placing it in the top 62.3%.
Is Future's Debt-to-EBITDA too high?
Future's current Debt-to-EBITDA of 2.88 is 65% above median its 10-year median of 1.75. The Media - Diversified industry median Debt-to-EBITDA is 1.66. Future's value of 2.88 is 73.5% above this industry median. Based on the distribution chart, Future ranks #422 out of 677 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Future has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Future's Debt-to-EBITDA compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Future ranks #422 out of 677 companies for Debt-to-EBITDA. This places Future in the lower half of its industry. The industry median Debt-to-EBITDA is 1.66. Future's value of 2.88 is 73.5% above this benchmark. While the company's 10-year median is 1.75 vs. the industry median of 1.66, Future 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 Media - Diversified company?
The median Debt-to-EBITDA among Media - Diversified companies is 1.66, based on 677 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. Future's current Debt-to-EBITDA of 2.88 is 73.5% 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 Future. For the Media - Diversified industry, the median Debt-to-EBITDA is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future's current Debt-to-EBITDA is 2.88, which is 65% above median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future stock overvalued right now?
Based on GuruFocus' analysis, Future (CHIX:FUTRL) is currently considered Possible Value Trap. The stock's GF Value™ is £7.99, compared to a current price of £3.07 — trading 61.6% below its estimated fair value. The current Debt-to-EBITDA is 2.88, which is 65% above median its 10-year median of 1.75 and 73.5% above the Media - Diversified industry median of 1.66. Future's overall GF Score™ is 62/100 with 6 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 Future (CHIX:FUTRL), the current Debt-to-EBITDA is 2.88 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 Future (CHIX:FUTRL) Overvalued in 2026?

Based on GuruFocus' analysis, Future stock appears to be undervalued. The current stock price of £3.07 is trading 61.6% below its estimated GF Value™ of £7.99. GuruFocus considers Future to be Possible Value Trap.

Key valuation signals for CHIX:FUTRL:

  • Debt-to-EBITDA: 2.88 (65% above median its 10-year median of 1.75)
  • GF Value™: £7.99 vs. price of £3.07 (61.6% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 73.5% above the Media - Diversified median (#422 of 677)

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


Future Business Description

Other Exchanges FUTR:UKFNWA:Germany
Address Quay House, The Ambury, Bath, GBR, BA1 1UA
Future PLC is a platform for specialist media underpinned by proprietary technology and enabled by data, with diversified revenue streams. It focuses on various areas which include technology, games, films, music, and photography under brands such as Louder, Tom's Guide, PC Gamer, Digital Camera World, Marie Claire, and others. The company functions through the following divisions; the Media division which generates maximum revenue includes income from digital advertising, affiliate revenue for products, rewards, price comparison and events; and the Magazine division includes revenue associated with digital or printed magazines or bookazines from advertising, to subscriptions, to newstrade. Its reportable segments include the United Kingdom which derives key revenue, and the United States.
62GF Score

Get the complete analysis for CHIX:FUTRL

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

£3.07
Price
£7.99
GF Value