Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 Scandinavian Tobacco Group AS's Debt-to-EBITDA or its related term are showing as below:
CHIX:STGc'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.4 Med: 2.06 Max: 3.5
Current: 3.3
During the past 13 years, the highest Debt-to-EBITDA Ratio of Scandinavian Tobacco Group AS was 3.50. The lowest was 1.40. And the median was 2.06.
CHIX:STGc's Debt-to-EBITDA is ranked worse than 80% of 35
companies
in the Tobacco Products industry
Industry Median: 1.37
vs CHIX:STGc: 3.30
Scandinavian Tobacco Group AS (CHIX:STGc) 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.
Scandinavian Tobacco Group AS Debt-to-EBITDA Related Terms
Scandinavian Tobacco Group AS Debt-to-EBITDA Historical Data
* 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.
Scandinavian Tobacco Group AS Debt-to-EBITDA Chart
CHIX:STGC vs PM, MO, TPB: Debt-to-EBITDA Comparison
For the Tobacco subindustry, Scandinavian Tobacco 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.
Scandinavian Tobacco Group AS Debt-to-EBITDA vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group AS's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Scandinavian Tobacco Group AS'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.
Scandinavian Tobacco Group AS (CHIX:STGC) has a Debt-to-EBITDA of 4.69 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 Scandinavian Tobacco Group AS. This is 128% above median its historical median of 2.06. Over the past decade, Scandinavian Tobacco Group AS's Debt-to-EBITDA has ranged from 1.40 to 3.50. According to the industry distribution chart, Scandinavian Tobacco Group AS ranks #28 out of 35 companies in the Tobacco Products industry, placing it in the top 80%.
Is Scandinavian Tobacco Group AS's Debt-to-EBITDA too high?
Scandinavian Tobacco Group AS's current Debt-to-EBITDA of 4.69 is 128% above median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 3.50. The Tobacco Products industry median Debt-to-EBITDA is 1.37. Scandinavian Tobacco Group AS's value of 4.69 is 242.3% above this industry median. Based on the distribution chart, Scandinavian Tobacco Group AS ranks #28 out of 35 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers. Overall, Scandinavian Tobacco Group AS has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Tobacco Group AS's Debt-to-EBITDA compare to PM and MO?
According to the Tobacco Products industry distribution chart, Scandinavian Tobacco Group AS ranks #28 out of 35 companies for Debt-to-EBITDA. This places Scandinavian Tobacco Group AS in the lower half of its industry. The industry median Debt-to-EBITDA is 1.37. Scandinavian Tobacco Group AS's value of 4.69 is 242.3% above this benchmark. Historically, Scandinavian Tobacco Group AS's own Debt-to-EBITDA has ranged from 1.40 to 3.50 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 1.37, Scandinavian Tobacco 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 Tobacco Products company?
The median Debt-to-EBITDA among Tobacco Products companies is 1.37, based on 35 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. Scandinavian Tobacco Group AS's current Debt-to-EBITDA of 4.69 is 242.3% 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 Scandinavian Tobacco Group AS. For the Tobacco Products industry, the median Debt-to-EBITDA is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandinavian Tobacco Group AS's current Debt-to-EBITDA is 4.69, which is 128% above median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Tobacco Group AS stock overvalued right now?
Scandinavian Tobacco Group AS (CHIX:STGC) has a current Debt-to-EBITDA of 4.69. The stock's GF Value™ is kr110.94, compared to a current price of kr66.80 — trading 39.8% below its estimated fair value. The current Debt-to-EBITDA is 4.69, which is 128% above median its 10-year median of 2.06 and 242.3% above the Tobacco Products industry median of 1.37. Scandinavian Tobacco Group AS's overall GF Score™ is 64/100 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 Scandinavian Tobacco Group AS (CHIX:STGC), the current Debt-to-EBITDA is 4.69 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 Scandinavian Tobacco Group AS (CHIX:STGC) Overvalued in 2026?
Based on GuruFocus' analysis, Scandinavian Tobacco Group AS stock appears to be undervalued.
The current stock price of kr66.80 is trading 39.8% below its estimated GF Value™ of kr110.94.
Key valuation signals for CHIX:STGC:
Debt-to-EBITDA: 4.69 (128% above median its 10-year median of 2.06)
GF Value™: kr110.94 vs. price of kr66.80 (39.8% below fair value)
Industry Position: 242.3% above the Tobacco Products median (#28 of 35)
No single metric tells the full story. See the CHIX:STGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scandinavian Tobacco Group AS Business Description
Scandinavian Tobacco Group AS offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which includes direct to consumer sales of all product categories sold via the online, catalogue and retail channel in North America. North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland.
64GF Score
Get the complete analysis for CHIX:STGC
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:STGC has been successfully added to your 
