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Convatec GroupFRA:2CV -0.83%78 Debt-to-EBITDA is 3.18 as of Dec. 2025, which is 13% below its 10-year median of 3.67. GuruFocus rates FRA:2CV with a GF Score™ of 78/100 and a GF Value™ of €3.02. The stock has 4 warning signs investors should review. Among 467 Medical Devices & Instruments companies, Convatec Group ranks worse than 69.38% 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 Convatec Group's Debt-to-EBITDA or its related term are showing as below:
FRA:2CV'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.22 Med: 3.67 Max: 6.11
Current: 2.96
During the past 13 years, the highest Debt-to-EBITDA Ratio of Convatec Group was 6.11. The lowest was 2.22. And the median was 3.67.
FRA:2CV's Debt-to-EBITDA is ranked worse than 69.38% of 467
companies
in the Medical Devices & Instruments industry
Industry Median: 1.57
vs FRA:2CV: 2.96
Convatec Group (FRA:2CV) 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.
Convatec Group Debt-to-EBITDA Related Terms
Convatec Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Convatec Group'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.
FRA:2CV vs ISRG, BDX, MDLN: Debt-to-EBITDA Comparison
For the Medical Instruments & Supplies subindustry, Convatec 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.
Convatec Group Debt-to-EBITDA vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Convatec Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Convatec 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.
Convatec Group (FRA:2CV) has a Debt-to-EBITDA of 3.18 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 Convatec Group. This is 13% below median its historical median of 3.67. Over the past decade, Convatec Group's Debt-to-EBITDA has ranged from 2.22 to 6.11. According to the industry distribution chart, Convatec Group ranks #324 out of 467 companies in the Medical Devices & Instruments industry, placing it in the top 69.4%.
Is Convatec Group's Debt-to-EBITDA too high?
Convatec Group's current Debt-to-EBITDA of 3.18 is 13% below median its 10-year median of 3.67. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 6.11. The Medical Devices & Instruments industry median Debt-to-EBITDA is 1.57. Convatec Group's value of 3.18 is 102.5% above this industry median. Based on the distribution chart, Convatec Group ranks #324 out of 467 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Convatec Group has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Convatec Group's Debt-to-EBITDA compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Convatec Group ranks #324 out of 467 companies for Debt-to-EBITDA. This places Convatec Group in the lower half of its industry. The industry median Debt-to-EBITDA is 1.57. Convatec Group's value of 3.18 is 102.5% above this benchmark. Historically, Convatec Group's own Debt-to-EBITDA has ranged from 2.22 to 6.11 over the past decade. While the company's 10-year median is 3.67 vs. the industry median of 1.57, Convatec 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 Medical Devices & Instruments company?
The median Debt-to-EBITDA among Medical Devices & Instruments companies is 1.57, based on 467 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. Convatec Group's current Debt-to-EBITDA of 3.18 is 102.5% 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 Convatec Group. For the Medical Devices & Instruments industry, the median Debt-to-EBITDA is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Convatec Group's current Debt-to-EBITDA is 3.18, which is 13% below median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Convatec Group stock overvalued right now?
Convatec Group (FRA:2CV) has a current Debt-to-EBITDA of 3.18. The stock's GF Value™ is €3.02, compared to a current price of €2.40 — trading 20.5% below its estimated fair value. The current Debt-to-EBITDA is 3.18, which is 13% below median its 10-year median of 3.67 and 102.5% above the Medical Devices & Instruments industry median of 1.57. Convatec Group's overall GF Score™ is 78/100 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 Convatec Group (FRA:2CV), the current Debt-to-EBITDA is 3.18 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 Convatec Group (FRA:2CV) Overvalued in 2026?
Based on GuruFocus' analysis, Convatec Group stock appears to be undervalued.
The current stock price of €2.40 is trading 20.5% below its estimated GF Value™ of €3.02.
Key valuation signals for FRA:2CV:
Debt-to-EBITDA: 3.18 (13% below median its 10-year median of 3.67)
GF Value™: €3.02 vs. price of €2.40 (20.5% below fair value)
Industry Position: 102.5% above the Medical Devices & Instruments median (#324 of 467)
No single metric tells the full story. See the FRA:2CV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Originally spun out of Bristol-Myers Squibb, Convatec designs, manufactures, and markets advanced wound care, ostomy, continence care, and infusion sets for the acute-care hospital and chronic-care home settings. Advanced wound care and ostomy supplies are the largest divisions, accounting for 32% and 28% of total revenue, respectively. Continence care has become a slightly smaller business (22% of revenue) following the decision to exit the acute care market, and infusion sets contribute 18% of consolidated revenue.
78GF Score
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