ALEC Holdings PJSC (DFM:ALEC) Debt-to-EBITDA : 0.66 (As of Dec. 2025) — 67% Below Median


DFM:ALEC ALEC Holdings PJSC DFM:ALEC
32 GF Score
Price د.إ1.50
! 2 Warning Signs
View Full Analysis

What is ALEC Holdings PJSC Debt-to-EBITDA?

ALEC Holdings PJSC DFM:ALEC +2.04% 32 Debt-to-EBITDA is 0.66 as of Dec. 2025, which is 67% below its 10-year median of 2.00. GuruFocus rates DFM:ALEC with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 1,404 Construction companies, ALEC Holdings PJSC ranks better than 72.58% on this metric.

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

ALEC Holdings PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was د.إ462 Mil. ALEC Holdings PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was د.إ475 Mil. ALEC Holdings PJSC's annualized EBITDA for the quarter that ended in Dec. 2025 was د.إ1,426 Mil. ALEC Holdings PJSC's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 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.

The historical rank and industry rank for ALEC Holdings PJSC's Debt-to-EBITDA or its related term are showing as below:

DFM:ALEC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.82   Med: 2   Max: 3.5
Current: 0.82

During the past 4 years, the highest Debt-to-EBITDA Ratio of ALEC Holdings PJSC was 3.50. The lowest was 0.82. And the median was 2.00.

DFM:ALEC's Debt-to-EBITDA is ranked better than
72.58% of 1404 companies
in the Construction industry
Industry Median: 2.19 vs DFM:ALEC: 0.82

ALEC Holdings PJSC  (DFM:ALEC) 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.


ALEC Holdings PJSC Debt-to-EBITDA Related Terms


ALEC Holdings PJSC Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for ALEC Holdings PJSC'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.

ALEC Holdings PJSC Debt-to-EBITDA Chart

ALEC Holdings PJSC Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
3.50 2.40 1.60 0.82

ALEC Holdings PJSC Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-EBITDA Get a 7-Day Free Trial N/A 0.00 1.32 1.00 0.66

DFM:ALEC vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, ALEC Holdings PJSC'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.


ALEC Holdings PJSC Debt-to-EBITDA vs Construction Industry

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

* The bar in red indicates where ALEC Holdings PJSC's Debt-to-EBITDA falls into.


DFM:ALEC
32GF Score
ALEC Holdings PJSC DFM:ALEC
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ALEC Holdings PJSC Debt-to-EBITDA Calculation

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

ALEC Holdings PJSC'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
=(461.987 + 475.218) / 1149.75
=0.82

ALEC Holdings PJSC's annualized Debt-to-EBITDA for the quarter 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
=(461.987 + 475.218) / 1425.636
=0.66

* 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 two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.66 mean?
ALEC Holdings PJSC (DFM:ALEC) has a Debt-to-EBITDA of 0.66 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on ALEC Holdings PJSC. This is 67% below median its historical median of 2.00. Over the past decade, ALEC Holdings PJSC's Debt-to-EBITDA has ranged from 0.82 to 3.50. According to the industry distribution chart, ALEC Holdings PJSC ranks #385 out of 1404 companies in the Construction industry, placing it in the top 27.4%.
Is ALEC Holdings PJSC's Debt-to-EBITDA too high?
ALEC Holdings PJSC's current Debt-to-EBITDA of 0.66 is 67% below median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 3.50. The Construction industry median Debt-to-EBITDA is 2.19. ALEC Holdings PJSC's value of 0.66 is 69.9% below this industry median. Based on the distribution chart, ALEC Holdings PJSC ranks #385 out of 1404 companies in the Construction industry, which is above the industry midpoint. Overall, ALEC Holdings PJSC has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does ALEC Holdings PJSC's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, ALEC Holdings PJSC ranks #385 out of 1404 companies for Debt-to-EBITDA. This puts ALEC Holdings PJSC in the upper half of its industry. The industry median Debt-to-EBITDA is 2.19. ALEC Holdings PJSC's value of 0.66 is 69.9% below this benchmark. Historically, ALEC Holdings PJSC's own Debt-to-EBITDA has ranged from 0.82 to 3.50 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 2.19, ALEC Holdings PJSC 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 2.19, based on 1,404 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. ALEC Holdings PJSC's current Debt-to-EBITDA of 0.66 is 69.9% 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 ALEC Holdings PJSC. For the Construction industry, the median Debt-to-EBITDA is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALEC Holdings PJSC's current Debt-to-EBITDA is 0.66, which is 67% below median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALEC Holdings PJSC stock overvalued right now?
ALEC Holdings PJSC (DFM:ALEC) has a current Debt-to-EBITDA of 0.66. The current Debt-to-EBITDA is 0.66, which is 67% below median its 10-year median of 2.00 and 69.9% below the Construction industry median of 2.19. ALEC Holdings PJSC's overall GF Score™ is 32/100 with 2 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 ALEC Holdings PJSC (DFM:ALEC), the current Debt-to-EBITDA is 0.66 as of Dec. 2025. 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.

ALEC Holdings PJSC Business Description

Address 3601 Marina Plaza, Dubai Marina, Dubai, ARE
ALEC Holdings PJSC is a diversified engineering and construction group in the UAE and KSA, specializing in large-scale, complex, and iconic projects across various sectors including commercial, hospitality, retail, and infrastructure. The company offers comprehensive turnkey solutions encompassing construction, MEP, fit-out, energy, and data center solutions, with a focus on innovation, quality, and sustainability. The management of the Group assess the Group into four key business units: Building and Infrastructure Construction Services, Energy, Related Businesses and Corporate Activities.
32GF Score

Get the complete analysis for DFM:ALEC

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

د.إ1.50
Price