CMBT (CMB.Tech NV) Debt-to-EBITDA : 2.83 (As of Mar. 2026) — 15% Below Median

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CMBT CMB.Tech NV CMBT
85 GF Score
Price $15.47
GF Value $18.80
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is CMB.Tech NV Debt-to-EBITDA?

CMB.Tech NV CMBT -0.71% 85 Debt-to-EBITDA is 2.83 as of Mar. 2026, which is 15% below its 10-year median of 3.31. GuruFocus rates CMBT with a GF Score™ of 85/100 and a GF Value™ of $18.80 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 704 Oil & Gas companies, CMB.Tech NV ranks worse than 79.4% on this metric.

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

CMB.Tech NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $554 Mil. CMB.Tech NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $4,691 Mil. CMB.Tech NV's annualized EBITDA for the quarter that ended in Mar. 2026 was $1,856 Mil. CMB.Tech NV's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.83.

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 CMB.Tech NV's Debt-to-EBITDA or its related term are showing as below:

CMBT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.76   Med: 3.31   Max: 25.89
Current: 4.77

During the past 13 years, the highest Debt-to-EBITDA Ratio of CMB.Tech NV was 25.89. The lowest was 0.76. And the median was 3.31.

CMBT's Debt-to-EBITDA is ranked worse than
79.4% of 704 companies
in the Oil & Gas industry
Industry Median: 2.015 vs CMBT: 4.77

CMB.Tech NV  (NYSE:CMBT) 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.


CMB.Tech NV Debt-to-EBITDA Related Terms


CMB.Tech NV Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CMB.Tech NV'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.

CMB.Tech NV Debt-to-EBITDA Chart

CMB.Tech NV 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 25.89 3.29 0.76 2.21 6.06

CMB.Tech NV 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 12.38 10.46 5.91 5.13 2.83

CMBT vs WMB, EPD, KMI: Debt-to-EBITDA Comparison

For the Oil & Gas Midstream subindustry, CMB.Tech NV'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.


CMB.Tech NV Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CMB.Tech NV's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where CMB.Tech NV's Debt-to-EBITDA falls into.


CMBT
85GF Score
CMB.Tech NV CMBT
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CMB.Tech NV Debt-to-EBITDA Calculation

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

CMB.Tech NV'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
=(830.036 + 4719.753) / 916.118
=6.06

CMB.Tech NV'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
=(553.835 + 4690.557) / 1855.532
=2.83

* 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 2.83 mean?
CMB.Tech NV (CMBT) has a Debt-to-EBITDA of 2.83 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 CMB.Tech NV. This is 15% below median its historical median of 3.31. Over the past decade, CMB.Tech NV's Debt-to-EBITDA has ranged from 0.76 to 25.89. According to the industry distribution chart, CMB.Tech NV ranks #559 out of 704 companies in the Oil & Gas industry, placing it in the top 79.4%.
Is CMB.Tech NV's Debt-to-EBITDA too high?
CMB.Tech NV's current Debt-to-EBITDA of 2.83 is 15% below median its 10-year median of 3.31. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 25.89. The Oil & Gas industry median Debt-to-EBITDA is 2.02. CMB.Tech NV's value of 2.83 is 40.4% above this industry median. Based on the distribution chart, CMB.Tech NV ranks #559 out of 704 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, CMB.Tech NV has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CMB.Tech NV's Debt-to-EBITDA compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, CMB.Tech NV ranks #559 out of 704 companies for Debt-to-EBITDA. This places CMB.Tech NV in the lower half of its industry. The industry median Debt-to-EBITDA is 2.02. CMB.Tech NV's value of 2.83 is 40.4% above this benchmark. Historically, CMB.Tech NV's own Debt-to-EBITDA has ranged from 0.76 to 25.89 over the past decade. While the company's 10-year median is 3.31 vs. the industry median of 2.02, CMB.Tech NV 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 an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.02, based on 704 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. CMB.Tech NV's current Debt-to-EBITDA of 2.83 is 40.4% 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 CMB.Tech NV. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMB.Tech NV's current Debt-to-EBITDA is 2.83, which is 15% below median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMB.Tech NV stock overvalued right now?
Based on GuruFocus' analysis, CMB.Tech NV (CMBT) is currently considered Modestly Undervalued. The stock's GF Value™ is $18.80, compared to a current price of $15.47 — trading 17.7% below its estimated fair value. The current Debt-to-EBITDA is 2.83, which is 15% below median its 10-year median of 3.31 and 40.4% above the Oil & Gas industry median of 2.02. CMB.Tech NV's overall GF Score™ is 85/100 with 9 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 CMB.Tech NV (CMBT), the current Debt-to-EBITDA is 2.83 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 CMB.Tech NV (CMBT) Overvalued in 2026?

Based on GuruFocus' analysis, CMB.Tech NV stock appears to be undervalued. The current stock price of $15.47 is trading 17.7% below its estimated GF Value™ of $18.80. GuruFocus considers CMB.Tech NV to be Modestly Undervalued.

Key valuation signals for CMBT:

  • Debt-to-EBITDA: 2.83 (15% below median its 10-year median of 3.31)
  • GF Value™: $18.80 vs. price of $15.47 (17.7% below fair value)
  • GF Score™: 85/100 with 9 warning signs
  • Industry Position: 40.4% above the Oil & Gas median (#559 of 704)

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


CMB.Tech NV Business Description

Industry EnergyOil & Gas
Address De Gerlachekaai 20, Antwerpen, BEL, 2000
CMB.Tech NV owns and operates a fleet of vessels for international maritime shipping and storage of crude oil and petroleum products. It generate a large parts of their revenue from voyage charters, including vessels in pools that predominantly perform voyage charters. The company organizes itself into three divisons: the Marine division, the H2 Infra division and the H2 Industry division. The Marine Division derives maximum revenue which builds, owns, operates and designs a wide range of low and zerocarbon ships and features a fleet with vessels such as Crew Transfer Vessels, ferries, Commissioning Service Operations Vessels, and tugboats, alongside ammonia-powered large bulk carriers, container ships, chemical and crude oil tankers.
85GF Score

Get the complete analysis for CMBT

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

$15.47
Price
$18.80
GF Value