TagMaster AB (FRA:2I40) Debt-to-EBITDA : 0.94 (As of Jun. 2026) — 56% Below Median

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FRA:2I40 TagMaster AB FRA:2I40
89 GF Score
Price €2.74
GF Value €3.29
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is TagMaster AB Debt-to-EBITDA?

TagMaster AB FRA:2I40 -3.18% 89 Debt-to-EBITDA is 0.94 as of Jun. 2026, which is 56% below its 10-year median of 2.15. GuruFocus rates FRA:2I40 with a GF Score™ of 89/100 and a GF Value™ of €3.29 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,814 Hardware companies, TagMaster AB ranks better than 68.08% on this metric.

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

TagMaster AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €3.10 Mil. TagMaster AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €3.44 Mil. TagMaster AB's annualized EBITDA for the quarter that ended in Jun. 2026 was €6.93 Mil. TagMaster AB's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 0.94.

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 TagMaster AB's Debt-to-EBITDA or its related term are showing as below:

FRA:2I40' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.35   Med: 2.15   Max: 6.94
Current: 0.76

During the past 13 years, the highest Debt-to-EBITDA Ratio of TagMaster AB was 6.94. The lowest was 0.35. And the median was 2.15.

FRA:2I40's Debt-to-EBITDA is ranked better than
68.08% of 1814 companies
in the Hardware industry
Industry Median: 1.645 vs FRA:2I40: 0.76

TagMaster AB  (FRA:2I40) 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.


TagMaster AB Debt-to-EBITDA Related Terms


TagMaster AB Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TagMaster 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.

TagMaster AB Debt-to-EBITDA Chart

TagMaster AB 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 1.91 2.71 1.57 3.52 1.19

TagMaster AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.60 1.33 0.59 1.40 0.94

FRA:2I40 vs CSCO, MSI, HPE: Debt-to-EBITDA Comparison

For the Communication Equipment subindustry, TagMaster 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.


TagMaster AB Debt-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, TagMaster AB's Debt-to-EBITDA distribution charts can be found below:

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


FRA:2I40
89GF Score
TagMaster AB FRA:2I40
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TagMaster AB Debt-to-EBITDA Calculation

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

TagMaster AB'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
=(4.073 + 4.798) / 7.463
=1.19

TagMaster AB's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.1 + 3.438) / 6.928
=0.94

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.94 mean?
TagMaster AB (FRA:2I40) has a Debt-to-EBITDA of 0.94 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on TagMaster AB. This is 56% below median its historical median of 2.15. Over the past decade, TagMaster AB's Debt-to-EBITDA has ranged from 0.35 to 6.94. According to the industry distribution chart, TagMaster AB ranks #579 out of 1814 companies in the Hardware industry, placing it in the top 31.9%.
Is TagMaster AB's Debt-to-EBITDA too high?
TagMaster AB's current Debt-to-EBITDA of 0.94 is 56% below median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 6.94. The Hardware industry median Debt-to-EBITDA is 1.65. TagMaster AB's value of 0.94 is 42.9% below this industry median. Based on the distribution chart, TagMaster AB ranks #579 out of 1814 companies in the Hardware industry, which is above the industry midpoint. Overall, TagMaster AB has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TagMaster AB's Debt-to-EBITDA compare to CSCO and MSI?
According to the Hardware industry distribution chart, TagMaster AB ranks #579 out of 1814 companies for Debt-to-EBITDA. This puts TagMaster AB in the upper half of its industry. The industry median Debt-to-EBITDA is 1.65. TagMaster AB's value of 0.94 is 42.9% below this benchmark. Historically, TagMaster AB's own Debt-to-EBITDA has ranged from 0.35 to 6.94 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 1.65, TagMaster AB has consistently been below 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.65, based on 1,814 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. TagMaster AB's current Debt-to-EBITDA of 0.94 is 42.9% below 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 TagMaster AB. For the Hardware industry, the median Debt-to-EBITDA is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TagMaster AB's current Debt-to-EBITDA is 0.94, which is 56% below median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TagMaster AB stock overvalued right now?
Based on GuruFocus' analysis, TagMaster AB (FRA:2I40) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.29, compared to a current price of €2.74 — trading 16.7% below its estimated fair value. The current Debt-to-EBITDA is 0.94, which is 56% below median its 10-year median of 2.15 and 42.9% below the Hardware industry median of 1.65. TagMaster AB's overall GF Score™ is 89/100 with 2 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 TagMaster AB (FRA:2I40), the current Debt-to-EBITDA is 0.94 as of Jun. 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 TagMaster AB (FRA:2I40) Overvalued in 2026?

Based on GuruFocus' analysis, TagMaster AB stock appears to be undervalued. The current stock price of €2.74 is trading 16.7% below its estimated GF Value™ of €3.29. GuruFocus considers TagMaster AB to be Modestly Undervalued.

Key valuation signals for FRA:2I40:

  • Debt-to-EBITDA: 0.94 (56% below median its 10-year median of 2.15)
  • GF Value™: €3.29 vs. price of €2.74 (16.7% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 42.9% below the Hardware median (#579 of 1814)

No single metric tells the full story. See the FRA:2I40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TagMaster AB Business Description

Other Exchanges TAGM B:Sweden
Address Kronborgsgrand 11, Kista, SWE, 164 46
TagMaster AB is engaged in technology business sector. The company develops and sells advanced sensor systems and solutions based on radio, radar and camera technologies. The company's products are used in the areas of parking, traffic situations, electronic toll systems, and public transport. The company operates through various business segments that are Traffic and Rail. The Traffic segment generates maximum revenue for the company. Geographically, the company offers its services to the America's, EMEA and Asia Pacific.
89GF Score

Get the complete analysis for FRA:2I40

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

€2.74
Price
€3.29
GF Value