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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 Northern Data AG's Debt-to-EBITDA or its related term are showing as below:
CHIX:NB2d'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -25.63 Med: -0.84 Max: 7.79
Current: -25.63
During the past 12 years, the highest Debt-to-EBITDA Ratio of Northern Data AG was 7.79. The lowest was -25.63. And the median was -0.84.
CHIX:NB2d's Debt-to-EBITDA is ranked worse than 100% of 1725
companies
in the Software industry
Industry Median: 1.09
vs CHIX:NB2d: -25.63
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.
Northern Data AG Debt-to-EBITDA Related Terms
Northern Data AG Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Northern Data AG'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:NB2D vs IBM, ACN, FISV: Debt-to-EBITDA Comparison
For the Information Technology Services subindustry, Northern Data AG'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.
Northern Data AG Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Northern Data AG's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Northern Data AG'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 one times the quarterly (Dec. 2025) EBITDA data.
Northern Data AG (CHIX:NB2D) has a Debt-to-EBITDA of -25.63 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 Northern Data AG. According to the industry distribution chart, Northern Data AG ranks #999999 out of 1725 companies in the Software industry.
Is Northern Data AG's Debt-to-EBITDA too high?
Northern Data AG's current Debt-to-EBITDA is -25.63. Based on the distribution chart, Northern Data AG ranks #999999 out of 1725 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Northern Data AG has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Northern Data AG's Debt-to-EBITDA compare to IBM and ACN?
According to the Software industry distribution chart, Northern Data AG ranks #999999 out of 1725 companies for Debt-to-EBITDA. This places Northern Data AG in the lower half of its industry. The industry median Debt-to-EBITDA is 1.09. 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.09, based on 1,725 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. 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 Northern Data AG. For the Software industry, the median Debt-to-EBITDA is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Data AG's current Debt-to-EBITDA is -25.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Data AG stock overvalued right now?
Northern Data AG (CHIX:NB2D) has a current Debt-to-EBITDA of -25.63. The stock's GF Value™ is €86.81, compared to a current price of €47.53 — trading 45.3% below its estimated fair value. The current Debt-to-EBITDA is -25.63. Northern Data AG's overall GF Score™ is 45/100 with 8 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 Northern Data AG (CHIX:NB2D), the current Debt-to-EBITDA is -25.63 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 Northern Data AG (CHIX:NB2D) Overvalued in 2026?
Based on GuruFocus' analysis, Northern Data AG stock appears to be undervalued.
The current stock price of €47.53 is trading 45.3% below its estimated GF Value™ of €86.81.
Key valuation signals for CHIX:NB2D:
Debt-to-EBITDA: -25.63
GF Value™: €86.81 vs. price of €47.53 (45.3% below fair value)
No single metric tells the full story. See the CHIX:NB2D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northern Data AG is a Business-to-Business technology company developing, using, and selling solutions on vertically integrated computing infrastructure. Its segment includes Peak Mining; Taiga Cloud and Ardent Data Centers. Geographically, it operates in Europe (excluding Germany), North America, and Germany. The company derives maximum revenue from Europe.
45GF Score
Get the complete analysis for CHIX:NB2D
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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