DHT HoldingsDHT +3.93%59 Debt-to-EBITDA is 0.65 as of Mar. 2026, which is 76% below its 10-year median of 2.68. GuruFocus rates DHT with a GF Score™ of 59/100 and a GF Value™ of $12.07 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 703 Oil & Gas companies, DHT Holdings ranks better than 68.14% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 DHT Holdings's Debt-to-EBITDA or its related term are showing as below:
DHT'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.05 Med: 2.68 Max: 8.73
Current: 1.13
During the past 13 years, the highest Debt-to-EBITDA Ratio of DHT Holdings was 8.73. The lowest was 1.05. And the median was 2.68.
DHT's Debt-to-EBITDA is ranked better than 68.14% of 703
companies
in the Oil & Gas industry
Industry Median: 2
vs DHT: 1.13
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.
DHT Holdings Debt-to-EBITDA Related Terms
DHT Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for DHT Holdings'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.
For the Oil & Gas Midstream subindustry, DHT 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.
DHT Holdings Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, DHT Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where DHT 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 (Mar. 2026) EBITDA data.
DHT Holdings (DHT) has a Debt-to-EBITDA of 0.65 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 DHT Holdings. This is 76% below median its historical median of 2.68. Over the past decade, DHT Holdings' Debt-to-EBITDA has ranged from 1.05 to 8.73. According to the industry distribution chart, DHT Holdings ranks #224 out of 703 companies in the Oil & Gas industry, placing it in the top 31.9%.
Is DHT Holdings' Debt-to-EBITDA too high?
DHT Holdings' current Debt-to-EBITDA of 0.65 is 76% below median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 8.73. The Oil & Gas industry median Debt-to-EBITDA is 2.00. DHT Holdings' value of 0.65 is 67.5% below this industry median. Based on the distribution chart, DHT Holdings ranks #224 out of 703 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, DHT Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHT Holdings' Debt-to-EBITDA compare to TNK and SUNC?
According to the Oil & Gas industry distribution chart, DHT Holdings ranks #224 out of 703 companies for Debt-to-EBITDA. This puts DHT Holdings in the upper half of its industry. The industry median Debt-to-EBITDA is 2.00. DHT Holdings' value of 0.65 is 67.5% below this benchmark. Historically, DHT Holdings' own Debt-to-EBITDA has ranged from 1.05 to 8.73 over the past decade. While the company's 10-year median is 2.68 vs. the industry median of 2.00, DHT Holdings 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 an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.00, based on 703 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. DHT Holdings's current Debt-to-EBITDA of 0.65 is 67.5% 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 DHT Holdings. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHT Holdings's current Debt-to-EBITDA is 0.65, which is 76% below median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHT Holdings stock overvalued right now?
Based on GuruFocus' analysis, DHT Holdings (DHT) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.07, compared to a current price of $17.18 — trading 42.3% above its estimated fair value. The current Debt-to-EBITDA is 0.65, which is 76% below median its 10-year median of 2.68 and 67.5% below the Oil & Gas industry median of 2.00. DHT Holdings' overall GF Score™ is 59/100 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 DHT Holdings (DHT), the current Debt-to-EBITDA is 0.65 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 DHT Holdings (DHT) Overvalued in 2026?
Based on GuruFocus' analysis, DHT Holdings stock appears to be overvalued.
The current stock price of $17.18 is trading 42.3% above its estimated GF Value™ of $12.07.
GuruFocus considers DHT Holdings to be Significantly Overvalued.
Key valuation signals for DHT:
Debt-to-EBITDA: 0.65 (76% below median its 10-year median of 2.68)
GF Value™: $12.07 vs. price of $17.18 (42.3% above fair value)
Industry Position: 67.5% below the Oil & Gas median (#224 of 703)
No single metric tells the full story. See the DHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DHT Holdings Inc is a crude oil tanker company. The company's primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. Its fleet trades internationally and consists of VLCC crude oil tankers. The group generates revenues from time charter and spot market operations. It operates vessels through its subsidiary management companies in Monaco, Norway, Singapore, and India. The company generates the majority of its revenue from Voyage charter revenues.
59GF Score
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