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 Dragonfly Energy Holdings's Debt-to-EBITDA or its related term are showing as below:
DFLI'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.56 Med: -0.31 Max: 6.31
Current: -0.66
During the past 6 years, the highest Debt-to-EBITDA Ratio of Dragonfly Energy Holdings was 6.31. The lowest was -3.56. And the median was -0.31.
DFLI's Debt-to-EBITDA is ranked worse than 100% of 2325
companies
in the Industrial Products industry
Industry Median: 1.71
vs DFLI: -0.66
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.
Dragonfly Energy Holdings Debt-to-EBITDA Related Terms
Dragonfly Energy Holdings 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.
DFLI vs SDST, EPOW, GWH: Debt-to-EBITDA Comparison
For the Electrical Equipment & Parts subindustry, Dragonfly Energy Holdings'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.
Dragonfly Energy Holdings Debt-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Dragonfly Energy Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Dragonfly Energy Holdings'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 (Jun. 2026) EBITDA data.
Dragonfly Energy Holdings (DFLI) has a Debt-to-EBITDA of -3.92 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Dragonfly Energy Holdings. According to the industry distribution chart, Dragonfly Energy Holdings ranks #999999 out of 2325 companies in the Industrial Products industry.
Is Dragonfly Energy Holdings' Debt-to-EBITDA too high?
Dragonfly Energy Holdings' current Debt-to-EBITDA is -3.92. Based on the distribution chart, Dragonfly Energy Holdings ranks #999999 out of 2325 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Dragonfly Energy Holdings has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dragonfly Energy Holdings' Debt-to-EBITDA compare to SDST and EPOW?
According to the Industrial Products industry distribution chart, Dragonfly Energy Holdings ranks #999999 out of 2325 companies for Debt-to-EBITDA. This places Dragonfly Energy Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. 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 Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.71, based on 2,325 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 Dragonfly Energy Holdings. For the Industrial Products industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dragonfly Energy Holdings's current Debt-to-EBITDA is -3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dragonfly Energy Holdings stock overvalued right now?
Based on GuruFocus' analysis, Dragonfly Energy Holdings (DFLI) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.61, compared to a current price of $1.30 — trading 19.3% below its estimated fair value. The current Debt-to-EBITDA is -3.92. Dragonfly Energy Holdings' overall GF Score™ is 61/100 with 5 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 Dragonfly Energy Holdings (DFLI), the current Debt-to-EBITDA is -3.92 as of Jun. 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 Dragonfly Energy Holdings (DFLI) Overvalued in 2026?
Based on GuruFocus' analysis, Dragonfly Energy Holdings stock appears to be undervalued.
The current stock price of $1.30 is trading 19.3% below its estimated GF Value™ of $1.61.
GuruFocus considers Dragonfly Energy Holdings to be Modestly Undervalued.
Key valuation signals for DFLI:
Debt-to-EBITDA: -3.92
GF Value™: $1.61 vs. price of $1.30 (19.3% below fair value)
No single metric tells the full story. See the DFLI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dragonfly Energy Holdings Corp is engaged in the design, assembly, and sale of lithium-ion batteries, mainly lithium iron phosphate (LFP) batteries, for applications in recreational vehicles, marine, industrial, and other markets. The company operates through two segments: direct-to-consumer (DTC), which sells Battle Born branded batteries, and OEM, which supplies Dragonfly branded batteries to original equipment manufacturers.
61GF Score
Get the complete analysis for DFLI
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
DFLI has been successfully added to your 
