Veidekke ASA (CHIX:VEIO) Debt-to-EBITDA : 0.15 (As of Mar. 2026) — 79% Below Median

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CHIX:VEIO Veidekke ASA CHIX:VEIO
77 GF Score
Price kr193.70
GF Value kr134.53
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Veidekke ASA Debt-to-EBITDA?

Veidekke ASA CHIX:VEIO 77 Debt-to-EBITDA is 0.15 as of Mar. 2026, which is 79% below its 10-year median of 0.72. GuruFocus rates CHIX:VEIO with a GF Score™ of 77/100 and a GF Value™ of kr134.53 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,405 Construction companies, Veidekke ASA ranks better than 95.66% on this metric.

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

Veidekke ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr59 Mil. Veidekke ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr138 Mil. Veidekke ASA's annualized EBITDA for the quarter that ended in Mar. 2026 was kr1,296 Mil. Veidekke ASA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.15.

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 Veidekke ASA's Debt-to-EBITDA or its related term are showing as below:

CHIX:VEIo' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.06   Med: 0.72   Max: 5.43
Current: 0.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of Veidekke ASA was 5.43. The lowest was 0.06. And the median was 0.72.

CHIX:VEIo's Debt-to-EBITDA is ranked better than
95.66% of 1405 companies
in the Construction industry
Industry Median: 2.15 vs CHIX:VEIo: 0.06

Veidekke ASA  (CHIX:VEIo) 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.


Veidekke ASA Debt-to-EBITDA Related Terms


Veidekke ASA Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Veidekke ASA'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.

Veidekke ASA Debt-to-EBITDA Chart

Veidekke ASA 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 0.72 0.52 0.51 0.54 0.39

Veidekke ASA 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 0.38 0.11 0.06 0.29 0.15

CHIX:VEIO vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, Veidekke ASA'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.


Veidekke ASA Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Veidekke ASA's Debt-to-EBITDA distribution charts can be found below:

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


CHIX:VEIO
77GF Score
Veidekke ASA CHIX:VEIO
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veidekke ASA Debt-to-EBITDA Calculation

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

Veidekke ASA'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
=(495 + 782) / 3239
=0.39

Veidekke ASA'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
=(59 + 138) / 1296
=0.15

* 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 0.15 mean?
Veidekke ASA (CHIX:VEIO) has a Debt-to-EBITDA of 0.15 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 Veidekke ASA. This is 79% below median its historical median of 0.72. Over the past decade, Veidekke ASA's Debt-to-EBITDA has ranged from 0.06 to 5.43. According to the industry distribution chart, Veidekke ASA ranks #61 out of 1405 companies in the Construction industry, placing it in the top 4.3%.
Is Veidekke ASA's Debt-to-EBITDA too high?
Veidekke ASA's current Debt-to-EBITDA of 0.15 is 79% below median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 5.43. The Construction industry median Debt-to-EBITDA is 2.15. Veidekke ASA's value of 0.15 is 93% below this industry median. Based on the distribution chart, Veidekke ASA ranks #61 out of 1405 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Veidekke ASA has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veidekke ASA's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Veidekke ASA ranks #61 out of 1405 companies for Debt-to-EBITDA. This places Veidekke ASA in the top 4% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.15. Veidekke ASA's value of 0.15 is 93% below this benchmark. Historically, Veidekke ASA's own Debt-to-EBITDA has ranged from 0.06 to 5.43 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 2.15, Veidekke ASA has consistently been below 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.15, based on 1,405 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. Veidekke ASA's current Debt-to-EBITDA of 0.15 is 93% below 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 Veidekke ASA. For the Construction industry, the median Debt-to-EBITDA is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veidekke ASA's current Debt-to-EBITDA is 0.15, which is 79% below median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veidekke ASA stock overvalued right now?
Based on GuruFocus' analysis, Veidekke ASA (CHIX:VEIO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr134.53, compared to a current price of kr193.70 — trading 44% above its estimated fair value. The current Debt-to-EBITDA is 0.15, which is 79% below median its 10-year median of 0.72 and 93% below the Construction industry median of 2.15. Veidekke ASA's overall GF Score™ is 77/100 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 Veidekke ASA (CHIX:VEIO), the current Debt-to-EBITDA is 0.15 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 Veidekke ASA (CHIX:VEIO) Overvalued in 2026?

Based on GuruFocus' analysis, Veidekke ASA stock appears to be overvalued. The current stock price of kr193.70 is trading 44% above its estimated GF Value™ of kr134.53. GuruFocus considers Veidekke ASA to be Significantly Overvalued.

Key valuation signals for CHIX:VEIO:

  • Debt-to-EBITDA: 0.15 (79% below median its 10-year median of 0.72)
  • GF Value™: kr134.53 vs. price of kr193.70 (44% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 93% below the Construction median (#61 of 1405)

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


Veidekke ASA Business Description

Address Standardveien 28B, Oslo, NOR, 0581
Veidekke ASA is engaged in construction and property development, including building and residential projects, civil engineering contracts, and various infrastructure developments. The Company operates through the following segments: Construction Norway (generating the majority of revenue, including apartment complexes and non-residential buildings); Infrastructure Norway (covering road maintenance, railways, power production, and airports); Construction Sweden (including residential units, offices, schools, and cultural buildings); Infrastructure Sweden (covering infrastructure, extractive industries, heavy industry, energy, and recycling/landfill facilities); Denmark (commercial buildings); and Other operations..
77GF Score

Get the complete analysis for CHIX:VEIO

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

kr193.70
Price
kr134.53
GF Value