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.
Bong ABFRA:20L +2.53%32 Debt-to-EBITDA is 2.94 as of Mar. 2026, which is 9% below its 10-year median of 3.23. GuruFocus rates FRA:20L with a GF Score™ of 32/100 and a GF Value™ of €0.03. The stock has 4 warning signs investors should review. Among 338 Packaging & Containers companies, Bong AB ranks worse than 69.23% 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 Bong AB's Debt-to-EBITDA or its related term are showing as below:
FRA:20L'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.36 Med: 3.23 Max: 4.87
Current: 3.88
During the past 13 years, the highest Debt-to-EBITDA Ratio of Bong AB was 4.87. The lowest was 0.36. And the median was 3.23.
FRA:20L's Debt-to-EBITDA is ranked worse than 69.23% of 338
companies
in the Packaging & Containers industry
Industry Median: 2.545
vs FRA:20L: 3.88
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.
Bong AB Debt-to-EBITDA Related Terms
Bong AB Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Bong AB'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 Packaging & Containers subindustry, Bong AB'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.
Bong AB Debt-to-EBITDA vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Bong AB's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Bong AB'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.
Bong AB (FRA:20L) has a Debt-to-EBITDA of 2.94 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 Bong AB. This is near median its historical median of 3.23. Over the past decade, Bong AB's Debt-to-EBITDA has ranged from 0.36 to 4.87. According to the industry distribution chart, Bong AB ranks #234 out of 338 companies in the Packaging & Containers industry, placing it in the top 69.2%.
Is Bong AB's Debt-to-EBITDA too high?
Bong AB's current Debt-to-EBITDA of 2.94 is near median its 10-year median of 3.23. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 4.87. The Packaging & Containers industry median Debt-to-EBITDA is 2.55. Bong AB's value of 2.94 is 15.5% above this industry median. Based on the distribution chart, Bong AB ranks #234 out of 338 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Bong AB has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Bong AB's Debt-to-EBITDA compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Bong AB ranks #234 out of 338 companies for Debt-to-EBITDA. This places Bong AB in the lower half of its industry. The industry median Debt-to-EBITDA is 2.55. Bong AB's value of 2.94 is 15.5% above this benchmark. Historically, Bong AB's own Debt-to-EBITDA has ranged from 0.36 to 4.87 over the past decade. While the company's 10-year median is 3.23 vs. the industry median of 2.55, Bong AB 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 Packaging & Containers company?
The median Debt-to-EBITDA among Packaging & Containers companies is 2.55, based on 338 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. Bong AB's current Debt-to-EBITDA of 2.94 is 15.5% 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 Bong AB. For the Packaging & Containers industry, the median Debt-to-EBITDA is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bong AB's current Debt-to-EBITDA is 2.94, which is near median its own 10-year median of 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bong AB stock overvalued right now?
Bong AB (FRA:20L) has a current Debt-to-EBITDA of 2.94. The stock's GF Value™ is €0.03, compared to a current price of €0.02 — trading 46% below its estimated fair value. The current Debt-to-EBITDA is 2.94, which is near median its 10-year median of 3.23 and 15.5% above the Packaging & Containers industry median of 2.55. Bong AB's overall GF Score™ is 32/100 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 Bong AB (FRA:20L), the current Debt-to-EBITDA is 2.94 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 Bong AB (FRA:20L) Overvalued in 2026?
Based on GuruFocus' analysis, Bong AB stock appears to be undervalued.
The current stock price of €0.02 is trading 46% below its estimated GF Value™ of €0.03.
Key valuation signals for FRA:20L:
Debt-to-EBITDA: 2.94 (near median its 10-year median of 3.23)
GF Value™: €0.03 vs. price of €0.02 (46% below fair value)
Industry Position: 15.5% above the Packaging & Containers median (#234 of 338)
No single metric tells the full story. See the FRA:20L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bong AB is a Sweden-based company providing specialized packaging and envelope products. It also offers solutions for the distribution and packaging of information, advertising materials, and lightweight goods. It offers a variety of shapes and sizes in the envelopes, including standard and customized envelopes, gift packaging, and retail packaging products. The operating segments of the company related to its geographical areas of operations and include Nordic, Central Europe, South Europe and North Africa, and the United Kingdom. The majority of its revenue is generated from the Central Europe region, which includes revenue generated from its business in Germany, Poland, Belgium, and Romania.
32GF Score
Get the complete analysis for FRA:20L
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
FRA:20L has been successfully added to your 
