ERNXY (Euronext NV) Debt-to-EBITDA : 2.52 (As of Mar. 2026) — 11% Below Median

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ERNXY Euronext NV ERNXY
87 GF Score
Price $34.20
GF Value $30.00
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Euronext NV Debt-to-EBITDA?

Euronext NV ERNXY -1.38% 87 Debt-to-EBITDA is 2.52 as of Mar. 2026, which is 11% below its 10-year median of 2.84. GuruFocus rates ERNXY with a GF Score™ of 87/100 and a GF Value™ of $30.00 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 423 Capital Markets companies, Euronext NV ranks worse than 58.16% on this metric.

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

Euronext NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $499 Mil. Euronext NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $3,447 Mil. Euronext NV's annualized EBITDA for the quarter that ended in Mar. 2026 was $1,568 Mil. Euronext NV's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.52.

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

ERNXY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.25   Med: 2.84   Max: 4.14
Current: 2.73

During the past 13 years, the highest Debt-to-EBITDA Ratio of Euronext NV was 4.14. The lowest was 0.25. And the median was 2.84.

ERNXY's Debt-to-EBITDA is ranked worse than
58.16% of 423 companies
in the Capital Markets industry
Industry Median: 1.56 vs ERNXY: 2.73

Euronext NV  (OTCPK:ERNXY) 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.


Euronext NV Debt-to-EBITDA Related Terms


Euronext NV Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Euronext 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.

Euronext NV Debt-to-EBITDA Chart

Euronext 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 4.14 3.81 3.44 2.93 2.87

Euronext 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 2.68 2.27 2.74 2.77 2.52

ERNXY vs SPGI, CME, MCO: Debt-to-EBITDA Comparison

For the Financial Data & Stock Exchanges subindustry, Euronext 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.


Euronext NV Debt-to-EBITDA vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Euronext NV's Debt-to-EBITDA distribution charts can be found below:

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


ERNXY
87GF Score
Euronext NV ERNXY
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Euronext NV Debt-to-EBITDA Calculation

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

Euronext 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
=(493.244 + 3489.419) / 1387.548
=2.87

Euronext 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
=(498.844 + 3446.59) / 1567.632
=2.52

* 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 2.52 mean?
Euronext NV (ERNXY) has a Debt-to-EBITDA of 2.52 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 Euronext NV. This is 11% below median its historical median of 2.84. Over the past decade, Euronext NV's Debt-to-EBITDA has ranged from 0.25 to 4.14. According to the industry distribution chart, Euronext NV ranks #246 out of 423 companies in the Capital Markets industry, placing it in the top 58.2%.
Is Euronext NV's Debt-to-EBITDA too high?
Euronext NV's current Debt-to-EBITDA of 2.52 is 11% below median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 4.14. The Capital Markets industry median Debt-to-EBITDA is 1.56. Euronext NV's value of 2.52 is 61.5% above this industry median. Based on the distribution chart, Euronext NV ranks #246 out of 423 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Euronext NV has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Euronext NV's Debt-to-EBITDA compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Euronext NV ranks #246 out of 423 companies for Debt-to-EBITDA. This places Euronext NV in the lower half of its industry. The industry median Debt-to-EBITDA is 1.56. Euronext NV's value of 2.52 is 61.5% above this benchmark. Historically, Euronext NV's own Debt-to-EBITDA has ranged from 0.25 to 4.14 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 1.56, Euronext 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 a Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.56, based on 423 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. Euronext NV's current Debt-to-EBITDA of 2.52 is 61.5% 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 Euronext NV. For the Capital Markets industry, the median Debt-to-EBITDA is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Euronext NV's current Debt-to-EBITDA is 2.52, which is 11% below median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euronext NV stock overvalued right now?
Based on GuruFocus' analysis, Euronext NV (ERNXY) is currently considered Modestly Overvalued. The stock's GF Value™ is $30.00, compared to a current price of $34.20 — trading 14% above its estimated fair value. The current Debt-to-EBITDA is 2.52, which is 11% below median its 10-year median of 2.84 and 61.5% above the Capital Markets industry median of 1.56. Euronext NV's overall GF Score™ is 87/100 with 6 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 Euronext NV (ERNXY), the current Debt-to-EBITDA is 2.52 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 Euronext NV (ERNXY) Overvalued in 2026?

Based on GuruFocus' analysis, Euronext NV stock appears to be overvalued. The current stock price of $34.20 is trading 14% above its estimated GF Value™ of $30.00. GuruFocus considers Euronext NV to be Modestly Overvalued.

Key valuation signals for ERNXY:

  • Debt-to-EBITDA: 2.52 (11% below median its 10-year median of 2.84)
  • GF Value™: $30.00 vs. price of $34.20 (14% above fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 61.5% above the Capital Markets median (#246 of 423)

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


Euronext NV Business Description

Address Beursplein 5, Amsterdam, NLD, 1012 JW
Euronext is a financial exchange group with trading venues in Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, and Paris, covering primarily cash equities, fixed income, and index and single stock derivatives. With the acquisition of Borsa Italiana, Euronext has also taken control of CC&G, the Italian multi-asset clearing house, as well as Monte Titoli, the Italian central securities depository. This complements Euronext's other CSDs in Norway, Denmark and Portugal. Euronext is the owner of the CAC40, AEX, BEL 20, ISEQ 20, OBX, and PSI 20 indexes.
87GF Score

Get the complete analysis for ERNXY

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

$34.20
Price
$30.00
GF Value