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HKBNFRA:2HK -0.79%79 Debt-to-EBITDA is 5.66 as of Feb. 2026, which is 10% above its 10-year median of 5.14. GuruFocus rates FRA:2HK with a GF Score™ of 79/100 and a GF Value™ of €0.56. The stock has 7 warning signs investors should review. Among 304 Telecommunication Services companies, HKBN ranks worse than 85.2% 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 HKBN's Debt-to-EBITDA or its related term are showing as below:
FRA:2HK'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.19 Med: 5.14 Max: 14.31
Current: 5.76
During the past 12 years, the highest Debt-to-EBITDA Ratio of HKBN was 14.31. The lowest was 3.19. And the median was 5.14.
FRA:2HK's Debt-to-EBITDA is ranked worse than 85.2% of 304
companies
in the Telecommunication Services industry
Industry Median: 1.895
vs FRA:2HK: 5.76
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.
HKBN Debt-to-EBITDA Related Terms
HKBN Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for HKBN'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 Telecom Services subindustry, HKBN'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.
HKBN Debt-to-EBITDA vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, HKBN's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where HKBN'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 (Feb. 2026) EBITDA data.
HKBN (FRA:2HK) has a Debt-to-EBITDA of 5.66 as of Feb. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on HKBN. This is 10% above median its historical median of 5.14. Over the past decade, HKBN's Debt-to-EBITDA has ranged from 3.19 to 14.31. According to the industry distribution chart, HKBN ranks #259 out of 304 companies in the Telecommunication Services industry, placing it in the top 85.2%.
Is HKBN's Debt-to-EBITDA too high?
HKBN's current Debt-to-EBITDA of 5.66 is 10% above median its 10-year median of 5.14. Over the past 10 years, this metric has ranged from a low of 3.19 to a high of 14.31. The Telecommunication Services industry median Debt-to-EBITDA is 1.90. HKBN's value of 5.66 is 198.7% above this industry median. Based on the distribution chart, HKBN ranks #259 out of 304 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, HKBN has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does HKBN's Debt-to-EBITDA compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, HKBN ranks #259 out of 304 companies for Debt-to-EBITDA. This places HKBN in the lower half of its industry. The industry median Debt-to-EBITDA is 1.90. HKBN's value of 5.66 is 198.7% above this benchmark. Historically, HKBN's own Debt-to-EBITDA has ranged from 3.19 to 14.31 over the past decade. While the company's 10-year median is 5.14 vs. the industry median of 1.90, HKBN 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 Telecommunication Services company?
The median Debt-to-EBITDA among Telecommunication Services companies is 1.90, based on 304 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. HKBN's current Debt-to-EBITDA of 5.66 is 198.7% 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 HKBN. For the Telecommunication Services industry, the median Debt-to-EBITDA is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HKBN's current Debt-to-EBITDA is 5.66, which is 10% above median its own 10-year median of 5.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HKBN stock overvalued right now?
HKBN (FRA:2HK) has a current Debt-to-EBITDA of 5.66. The stock's GF Value™ is €0.56, compared to a current price of €0.63 — trading 12.5% above its estimated fair value. The current Debt-to-EBITDA is 5.66, which is 10% above median its 10-year median of 5.14 and 198.7% above the Telecommunication Services industry median of 1.90. HKBN's overall GF Score™ is 79/100 with 7 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 HKBN (FRA:2HK), the current Debt-to-EBITDA is 5.66 as of Feb. 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 HKBN (FRA:2HK) Overvalued in 2026?
Based on GuruFocus' analysis, HKBN stock appears to be overvalued.
The current stock price of €0.63 is trading 12.5% above its estimated GF Value™ of €0.56.
Key valuation signals for FRA:2HK:
Debt-to-EBITDA: 5.66 (10% above median its 10-year median of 5.14)
GF Value™: €0.56 vs. price of €0.63 (12.5% above fair value)
Industry Position: 198.7% above the Telecommunication Services median (#259 of 304)
No single metric tells the full story. See the FRA:2HK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HKBN Ltd is a telecommunications company. The company derives revenue from broadband Internet services and voice services to both residential and enterprise customers. The principal activities of the Group are: provision of fixed telecommunications network services, international telecommunications services, and mobile services to residential and enterprise customers in Hong Kong; system integration services; product sales; and marketing and distribution of computer hardware and software, telecommunication products, office automation products and the provision of related services. The company has two segments Telecom and technology solutions (Hong Kong) and Telecom and technology solutions (Hong Kong) and the majority of the company's revenue is generated from Hong Kong.
79GF 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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