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Karnov Group ABCHIX:KARS 75 Debt-to-EBITDA is 2.67 as of Mar. 2026, which is 47% below its 10-year median of 5.07. GuruFocus rates CHIX:KARS with a GF Score™ of 75/100 and a GF Value™ of kr117.67 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 836 Business Services companies, Karnov Group AB ranks better than 53.47% 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 Karnov Group AB's Debt-to-EBITDA or its related term are showing as below:
CHIX:KARs'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.39 Med: 5.07 Max: 9.08
Current: 1.41
During the past 10 years, the highest Debt-to-EBITDA Ratio of Karnov Group AB was 9.08. The lowest was 1.39. And the median was 5.07.
CHIX:KARs's Debt-to-EBITDA is ranked better than 53.47% of 836
companies
in the Business Services industry
Industry Median: 1.63
vs CHIX:KARs: 1.41
Karnov Group AB (CHIX:KARs) 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.
Karnov Group AB Debt-to-EBITDA Related Terms
Karnov Group AB Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Karnov Group 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:KARS vs CTAS, CPRT, ULS: Debt-to-EBITDA Comparison
For the Specialty Business Services subindustry, Karnov Group 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.
Karnov Group AB Debt-to-EBITDA vs Business Services Industry
For the Business Services industry and Industrials sector, Karnov Group AB's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Karnov Group 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 (Mar. 2026) EBITDA data.
Karnov Group AB (CHIX:KARS) has a Debt-to-EBITDA of 2.67 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 Karnov Group AB. This is 47% below median its historical median of 5.07. Over the past decade, Karnov Group AB's Debt-to-EBITDA has ranged from 1.39 to 9.08. According to the industry distribution chart, Karnov Group AB ranks #389 out of 836 companies in the Business Services industry, placing it in the top 46.5%.
Is Karnov Group AB's Debt-to-EBITDA too high?
Karnov Group AB's current Debt-to-EBITDA of 2.67 is 47% below median its 10-year median of 5.07. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 9.08. The Business Services industry median Debt-to-EBITDA is 1.63. Karnov Group AB's value of 2.67 is 63.8% above this industry median. Based on the distribution chart, Karnov Group AB ranks #389 out of 836 companies in the Business Services industry, which is above the industry midpoint. Overall, Karnov Group AB has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Karnov Group AB's Debt-to-EBITDA compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Karnov Group AB ranks #389 out of 836 companies for Debt-to-EBITDA. This puts Karnov Group AB in the upper half of its industry. The industry median Debt-to-EBITDA is 1.63. Karnov Group AB's value of 2.67 is 63.8% above this benchmark. Historically, Karnov Group AB's own Debt-to-EBITDA has ranged from 1.39 to 9.08 over the past decade. While the company's 10-year median is 5.07 vs. the industry median of 1.63, Karnov Group 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 Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.63, based on 836 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. Karnov Group AB's current Debt-to-EBITDA of 2.67 is 63.8% 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 Karnov Group AB. For the Business Services industry, the median Debt-to-EBITDA is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karnov Group AB's current Debt-to-EBITDA is 2.67, which is 47% below median its own 10-year median of 5.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnov Group AB stock overvalued right now?
Based on GuruFocus' analysis, Karnov Group AB (CHIX:KARS) is currently considered Significantly Undervalued. The stock's GF Value™ is kr117.67, compared to a current price of kr64.30 — trading 45.4% below its estimated fair value. The current Debt-to-EBITDA is 2.67, which is 47% below median its 10-year median of 5.07 and 63.8% above the Business Services industry median of 1.63. Karnov Group AB's overall GF Score™ is 75/100 with 4 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 Karnov Group AB (CHIX:KARS), the current Debt-to-EBITDA is 2.67 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 Karnov Group AB (CHIX:KARS) Overvalued in 2026?
Based on GuruFocus' analysis, Karnov Group AB stock appears to be undervalued.
The current stock price of kr64.30 is trading 45.4% below its estimated GF Value™ of kr117.67.
GuruFocus considers Karnov Group AB to be Significantly Undervalued.
Key valuation signals for CHIX:KARS:
Debt-to-EBITDA: 2.67 (47% below median its 10-year median of 5.07)
GF Value™: kr117.67 vs. price of kr64.30 (45.4% below fair value)
Industry Position: 63.8% above the Business Services median (#389 of 836)
No single metric tells the full story. See the CHIX:KARS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Karnov Group AB is a provider of mission-critical information in the areas of legal, tax and auditing, environment, and health and safety. Karnov's products include subscription-based online solutions for law firms, tax and accounting firms, corporates, and the public sector including, courts, universities, public authorities, and municipalities. Karnov also publishes and sells offline books and journals and hosts legal training courses. Its brands are Karnov Group Denmark, Norstedts Juridik, Aranzadi LA LEY, Lamy Liaisons, Notisum, Echoline, BELLA Intelligence. Geographically, it derives a majority of its revenue from Denmark and also has a presence in Sweden, Norway, France, Spain, and Portugal.
75GF Score
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