Matas AS (CHIX:MATASC) Debt-to-EBITDA : 4.98 (As of Mar. 2026) — 67% Above Median


CHIX:MATASC Matas AS CHIX:MATASC
76 GF Score
Price kr100.70
GF Value kr138.24
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Matas AS Debt-to-EBITDA?

Matas AS CHIX:MATASC 76 Debt-to-EBITDA is 4.98 as of Mar. 2026, which is 67% above its 10-year median of 2.99. GuruFocus rates CHIX:MATASC with a GF Score™ of 76/100 and a GF Value™ of kr138.24 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 896 Retail - Cyclical companies, Matas AS ranks worse than 65.4% on this metric.

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

Matas AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr567 Mil. Matas AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr3,534 Mil. Matas AS's annualized EBITDA for the quarter that ended in Mar. 2026 was kr824 Mil. Matas AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 4.98.

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

CHIX:MATASc' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.08   Med: 2.99   Max: 3.86
Current: 3.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of Matas AS was 3.86. The lowest was 2.08. And the median was 2.99.

CHIX:MATASc's Debt-to-EBITDA is ranked worse than
65.4% of 896 companies
in the Retail - Cyclical industry
Industry Median: 2.405 vs CHIX:MATASc: 3.48

Matas AS  (CHIX:MATASc) 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.


Matas AS Debt-to-EBITDA Related Terms


Matas AS Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Matas AS'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.

Matas AS Debt-to-EBITDA Chart

Matas AS Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 2.12 3.61 3.31 3.49

Matas AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 5.19 3.16 4.32 2.10 4.98

CHIX:MATASC vs CASY, WSM, DKS: Debt-to-EBITDA Comparison

For the Specialty Retail subindustry, Matas AS'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.


Matas AS Debt-to-EBITDA vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Matas AS's Debt-to-EBITDA distribution charts can be found below:

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


CHIX:MATASC
76GF Score
Matas AS CHIX:MATASC
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Matas AS Debt-to-EBITDA Calculation

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

Matas AS's Debt-to-EBITDA for the fiscal year 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
=(567 + 3534) / 1176
=3.49

Matas AS'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
=(567 + 3534) / 824
=4.98

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.98 mean?
Matas AS (CHIX:MATASC) has a Debt-to-EBITDA of 4.98 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 Matas AS. This is 67% above median its historical median of 2.99. Over the past decade, Matas AS's Debt-to-EBITDA has ranged from 2.08 to 3.86. According to the industry distribution chart, Matas AS ranks #586 out of 896 companies in the Retail - Cyclical industry, placing it in the top 65.4%.
Is Matas AS's Debt-to-EBITDA too high?
Matas AS's current Debt-to-EBITDA of 4.98 is 67% above median its 10-year median of 2.99. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 3.86. The Retail - Cyclical industry median Debt-to-EBITDA is 2.41. Matas AS's value of 4.98 is 107.1% above this industry median. Based on the distribution chart, Matas AS ranks #586 out of 896 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Matas AS has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Matas AS's Debt-to-EBITDA compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Matas AS ranks #586 out of 896 companies for Debt-to-EBITDA. This places Matas AS in the lower half of its industry. The industry median Debt-to-EBITDA is 2.41. Matas AS's value of 4.98 is 107.1% above this benchmark. Historically, Matas AS's own Debt-to-EBITDA has ranged from 2.08 to 3.86 over the past decade. While the company's 10-year median is 2.99 vs. the industry median of 2.41, Matas AS 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 Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.41, based on 896 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. Matas AS's current Debt-to-EBITDA of 4.98 is 107.1% 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 Matas AS. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matas AS's current Debt-to-EBITDA is 4.98, which is 67% above median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matas AS stock overvalued right now?
Based on GuruFocus' analysis, Matas AS (CHIX:MATASC) is currently considered Modestly Undervalued. The stock's GF Value™ is kr138.24, compared to a current price of kr100.70 — trading 27.2% below its estimated fair value. The current Debt-to-EBITDA is 4.98, which is 67% above median its 10-year median of 2.99 and 107.1% above the Retail - Cyclical industry median of 2.41. Matas AS's overall GF Score™ is 76/100 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 Matas AS (CHIX:MATASC), the current Debt-to-EBITDA is 4.98 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 Matas AS (CHIX:MATASC) Overvalued in 2026?

Based on GuruFocus' analysis, Matas AS stock appears to be undervalued. The current stock price of kr100.70 is trading 27.2% below its estimated GF Value™ of kr138.24. GuruFocus considers Matas AS to be Modestly Undervalued.

Key valuation signals for CHIX:MATASC:

  • Debt-to-EBITDA: 4.98 (67% above median its 10-year median of 2.99)
  • GF Value™: kr138.24 vs. price of kr100.70 (27.2% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 107.1% above the Retail - Cyclical median (#586 of 896)

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


Matas AS Business Description

Other Exchanges 0QFA:UKMATAS:Denmark
Address Rormosevej 1, Allerod, DNK, DK-3450
Matas AS is beauty and wellbeing brands. It has three segments Matas, KICKS and Other. It generates majority of revenue from Matas segment. Its product groups are High-end Beauty: Luxury beauty products, including cosmetics, skincare and haircare products and fragrances; Mass Beauty: Everyday beauty products and personal care, including cosmetics and skincare and haircare products; Health and Wellbeing: MediCare Vitamins, minerals, health supplements, specialty foods and herbal medicinal products. Sports, nutrition and exercise. Baby and parent. Sexual wellness, Personal care products and special skincare; Other: Clothing and accessories. It generates majority of revenue from Denmark followed by Sweden, Norway, and Other countries.
76GF Score

Get the complete analysis for CHIX:MATASC

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

kr100.70
Price
kr138.24
GF Value