NTG Nordic Transport Group AS (CHIX:NTGC) Debt-to-EBITDA : 2.97 (As of Mar. 2026) — 108% Above Median

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CHIX:NTGC NTG Nordic Transport Group AS CHIX:NTGC
83 GF Score
Price kr174.10
GF Value kr258.07
! 7 Warning Signs
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What is NTG Nordic Transport Group AS Debt-to-EBITDA?

NTG Nordic Transport Group AS CHIX:NTGC 83 Debt-to-EBITDA is 2.97 as of Mar. 2026, which is 108% above its 10-year median of 1.43. GuruFocus rates CHIX:NTGC with a GF Score™ of 83/100 and a GF Value™ of kr258.07. The stock has 7 warning signs investors should review. Among 871 Transportation companies, NTG Nordic Transport Group AS ranks worse than 56.95% on this metric.

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

NTG Nordic Transport Group AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr377 Mil. NTG Nordic Transport Group AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr2,475 Mil. NTG Nordic Transport Group AS's annualized EBITDA for the quarter that ended in Mar. 2026 was kr960 Mil. NTG Nordic Transport Group AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.97.

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 NTG Nordic Transport Group AS's Debt-to-EBITDA or its related term are showing as below:

CHIX:NTGc' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.82   Med: 1.43   Max: 3.11
Current: 3.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of NTG Nordic Transport Group AS was 3.11. The lowest was 0.82. And the median was 1.43.

CHIX:NTGc's Debt-to-EBITDA is ranked worse than
56.95% of 871 companies
in the Transportation industry
Industry Median: 2.65 vs CHIX:NTGc: 3.11

NTG Nordic Transport Group AS  (CHIX:NTGc) 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.


NTG Nordic Transport Group AS Debt-to-EBITDA Related Terms


NTG Nordic Transport Group AS Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for NTG Nordic Transport Group 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.

NTG Nordic Transport Group AS Debt-to-EBITDA Chart

NTG Nordic Transport Group AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 0.82 1.06 1.47 1.43

NTG Nordic Transport Group 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 1.47 1.41 1.33 1.54 2.97

CHIX:NTGC vs UPS, FDX, JBHT: Debt-to-EBITDA Comparison

For the Integrated Freight & Logistics subindustry, NTG Nordic Transport Group 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.


NTG Nordic Transport Group AS Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, NTG Nordic Transport Group AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where NTG Nordic Transport Group AS's Debt-to-EBITDA falls into.


CHIX:NTGC
83GF Score
NTG Nordic Transport Group AS CHIX:NTGC
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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NTG Nordic Transport Group AS Debt-to-EBITDA Calculation

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

NTG Nordic Transport Group AS's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(297 + 967) / 886
=1.43

NTG Nordic Transport Group 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
=(377 + 2475) / 960
=2.97

* 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 2.97 mean?
NTG Nordic Transport Group AS (CHIX:NTGC) has a Debt-to-EBITDA of 2.97 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 NTG Nordic Transport Group AS. This is 108% above median its historical median of 1.43. Over the past decade, NTG Nordic Transport Group AS's Debt-to-EBITDA has ranged from 0.82 to 3.11. According to the industry distribution chart, NTG Nordic Transport Group AS ranks #496 out of 871 companies in the Transportation industry, placing it in the top 56.9%.
Is NTG Nordic Transport Group AS's Debt-to-EBITDA too high?
NTG Nordic Transport Group AS's current Debt-to-EBITDA of 2.97 is 108% above median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 3.11. The Transportation industry median Debt-to-EBITDA is 2.65. NTG Nordic Transport Group AS's value of 2.97 is 12.1% above this industry median. Based on the distribution chart, NTG Nordic Transport Group AS ranks #496 out of 871 companies in the Transportation industry, which is below the industry midpoint. Overall, NTG Nordic Transport Group AS has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does NTG Nordic Transport Group AS's Debt-to-EBITDA compare to UPS and FDX?
According to the Transportation industry distribution chart, NTG Nordic Transport Group AS ranks #496 out of 871 companies for Debt-to-EBITDA. This places NTG Nordic Transport Group AS in the lower half of its industry. The industry median Debt-to-EBITDA is 2.65. NTG Nordic Transport Group AS's value of 2.97 is 12.1% above this benchmark. Historically, NTG Nordic Transport Group AS's own Debt-to-EBITDA has ranged from 0.82 to 3.11 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 2.65, NTG Nordic Transport Group 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 Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.65, based on 871 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. NTG Nordic Transport Group AS's current Debt-to-EBITDA of 2.97 is 12.1% 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 NTG Nordic Transport Group AS. For the Transportation industry, the median Debt-to-EBITDA is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTG Nordic Transport Group AS's current Debt-to-EBITDA is 2.97, which is 108% above median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTG Nordic Transport Group AS stock overvalued right now?
NTG Nordic Transport Group AS (CHIX:NTGC) has a current Debt-to-EBITDA of 2.97. The stock's GF Value™ is kr258.07, compared to a current price of kr174.10 — trading 32.5% below its estimated fair value. The current Debt-to-EBITDA is 2.97, which is 108% above median its 10-year median of 1.43 and 12.1% above the Transportation industry median of 2.65. NTG Nordic Transport Group AS's overall GF Score™ is 83/100 with 7 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 NTG Nordic Transport Group AS (CHIX:NTGC), the current Debt-to-EBITDA is 2.97 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 NTG Nordic Transport Group AS (CHIX:NTGC) Overvalued in 2026?

Based on GuruFocus' analysis, NTG Nordic Transport Group AS stock appears to be undervalued. The current stock price of kr174.10 is trading 32.5% below its estimated GF Value™ of kr258.07.

Key valuation signals for CHIX:NTGC:

  • Debt-to-EBITDA: 2.97 (108% above median its 10-year median of 1.43)
  • GF Value™: kr258.07 vs. price of kr174.10 (32.5% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 12.1% above the Transportation median (#496 of 871)

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


NTG Nordic Transport Group AS Business Description

Other Exchanges NTG:DenmarkNRSA:Germany
Address Hammerholmen 47, Hvidovre, DNK, DK-2650
NTG Nordic Transport Group AS is a Denmark-based transport company. It offers the full range of freight forwarding services and end-to-end solutions within Air & Ocean and Road & Logistics, fueled by people power and technology. Business segments of the company include Road & Logistics and Air & Ocean. The majority of its revenue is earned through the Road & Logistics segment, which provides transport and warehousing solutions with a geographical focus on Europe. Geographically, the revenues are earned in Denmark, Sweden, the USA, Germany, Finland, and other countries, with key revenue derived from Denmark.
83GF Score

Get the complete analysis for CHIX:NTGC

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

kr174.10
Price
kr258.07
GF Value