Flight Centre Travel GroupFGETF 77 Debt-to-EBITDA is 3.29 as of Dec. 2025, which is 2093% above its 10-year median of 0.15. GuruFocus rates FGETF with a GF Score™ of 77/100 and a GF Value™ of $16.01 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 640 Travel & Leisure companies, Flight Centre Travel Group ranks worse than 56.56% 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 Flight Centre Travel Group's Debt-to-EBITDA or its related term are showing as below:
FGETF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.49 Med: 0.15 Max: 4.68
Current: 3.04
During the past 13 years, the highest Debt-to-EBITDA Ratio of Flight Centre Travel Group was 4.68. The lowest was -6.49. And the median was 0.15.
FGETF's Debt-to-EBITDA is ranked worse than 56.56% of 640
companies
in the Travel & Leisure industry
Industry Median: 2.565
vs FGETF: 3.04
Flight Centre Travel Group (OTCPK:FGETF) Debt-to-EBITDA Explanation
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.
Flight Centre Travel Group Debt-to-EBITDA Related Terms
Flight Centre Travel Group 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.
FGETF vs BKNG, ABNB, RCL: Debt-to-EBITDA Comparison
For the Travel Services subindustry, Flight Centre Travel Group'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.
Flight Centre Travel Group Debt-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Flight Centre Travel Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Flight Centre Travel Group'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 two times the quarterly (Dec. 2025) EBITDA data.
Flight Centre Travel Group (FGETF) has a Debt-to-EBITDA of 3.29 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 Flight Centre Travel Group. This is 2093% above median its historical median of 0.15. According to the industry distribution chart, Flight Centre Travel Group ranks #362 out of 640 companies in the Travel & Leisure industry, placing it in the top 56.6%.
Is Flight Centre Travel Group's Debt-to-EBITDA too high?
Flight Centre Travel Group's current Debt-to-EBITDA of 3.29 is 2093% above median its 10-year median of 0.15. The Travel & Leisure industry median Debt-to-EBITDA is 2.57. Flight Centre Travel Group's value of 3.29 is 28.3% above this industry median. Based on the distribution chart, Flight Centre Travel Group ranks #362 out of 640 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Flight Centre Travel Group has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Flight Centre Travel Group's Debt-to-EBITDA compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Flight Centre Travel Group ranks #362 out of 640 companies for Debt-to-EBITDA. This places Flight Centre Travel Group in the lower half of its industry. The industry median Debt-to-EBITDA is 2.57. Flight Centre Travel Group's value of 3.29 is 28.3% above this benchmark. While the company's 10-year median is 0.15 vs. the industry median of 2.57, Flight Centre Travel Group 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 Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.57, based on 640 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. Flight Centre Travel Group's current Debt-to-EBITDA of 3.29 is 28.3% 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 Flight Centre Travel Group. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flight Centre Travel Group's current Debt-to-EBITDA is 3.29, which is 2093% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flight Centre Travel Group stock overvalued right now?
Based on GuruFocus' analysis, Flight Centre Travel Group (FGETF) is currently considered Possible Value Trap. The stock's GF Value™ is $16.01, compared to a current price of $8.59 — trading 46.3% below its estimated fair value. The current Debt-to-EBITDA is 3.29, which is 2093% above median its 10-year median of 0.15 and 28.3% above the Travel & Leisure industry median of 2.57. Flight Centre Travel Group's overall GF Score™ is 77/100 with 4 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 Flight Centre Travel Group (FGETF), the current Debt-to-EBITDA is 3.29 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.
Is Flight Centre Travel Group (FGETF) Overvalued in 2026?
Based on GuruFocus' analysis, Flight Centre Travel Group stock appears to be undervalued.
The current stock price of $8.59 is trading 46.3% below its estimated GF Value™ of $16.01.
GuruFocus considers Flight Centre Travel Group to be Possible Value Trap.
Key valuation signals for FGETF:
Debt-to-EBITDA: 3.29 (2093% above median its 10-year median of 0.15)
GF Value™: $16.01 vs. price of $8.59 (46.3% below fair value)
Industry Position: 28.3% above the Travel & Leisure median (#362 of 640)
No single metric tells the full story. See the FGETF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Flight Centre Travel is one of the largest travel intermediaries in the world. The group generates around half of its total transaction value, or TTV, from the corporate unit, with the other half from the leisure market and ancillary travel-related businesses. In corporate travel, Flight Centre is a global Top 4 agent operating in over 100 countries, with different brands catering to various customer segments (small and midsize businesses to large enterprises). In leisure, Flight Centre operates an extensive network of shops while also runs online channels and deal with independent agents. Over half of group TTV is generated in Australia and New Zealand, 20% from Americas, just under 20% from Europe, and the rest from Asia.
77GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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