Bureau Veritas (FRA:4BV) Debt-to-EBITDA : (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:4BV Bureau Veritas SA FRA:4BV
91 GF Score
Price €27.22
GF Value €29.09
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Bureau Veritas Debt-to-EBITDA?

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

Bureau Veritas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €862 Mil. Bureau Veritas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €2,180 Mil. Bureau Veritas's annualized EBITDA for the quarter that ended in Jun. 2026 was €1,134 Mil. Bureau Veritas's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.68.

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 Bureau Veritas's Debt-to-EBITDA or its related term are showing as below:

FRA:4BV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.22   Med: 2.98   Max: 4.47
Current: 2.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of Bureau Veritas was 4.47. The lowest was 2.22. And the median was 2.98.

FRA:4BV's Debt-to-EBITDA is ranked worse than
63.35% of 835 companies
in the Business Services industry
Industry Median: 1.67 vs FRA:4BV: 2.53

Bureau Veritas  (FRA:4BV) 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.


Bureau Veritas Debt-to-EBITDA Related Terms


Bureau Veritas Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Bureau Veritas'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.

Bureau Veritas Debt-to-EBITDA Chart

Bureau Veritas 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 - - - - -

Bureau Veritas Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 - - - - -

FRA:4BV vs VRSK, EFX, BAH: Debt-to-EBITDA Comparison

For the Consulting Services subindustry, Bureau Veritas'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.


Bureau Veritas Debt-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, Bureau Veritas's Debt-to-EBITDA distribution charts can be found below:

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


FRA:4BV
91GF Score
Bureau Veritas SA FRA:4BV
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bureau Veritas Debt-to-EBITDA Calculation

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

Bureau Veritas'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
=(347.9 + 2737.5) / 1276.6
=2.42

Bureau Veritas'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
=(862 + 2180.1) / 1134.2
=2.68

* 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 (Jun. 2026) EBITDA data.

Is Bureau Veritas (FRA:4BV) Overvalued in 2026?

Based on GuruFocus' analysis, Bureau Veritas stock appears to be undervalued. The current stock price of €27.22 is trading 6.4% below its estimated GF Value™ of €29.09. GuruFocus considers Bureau Veritas to be Fairly Valued.

Key valuation signals for FRA:4BV:

  • Debt-to-EBITDA:
  • GF Value™: €29.09 vs. price of €27.22 (6.4% below fair value)
  • GF Score™: 91/100 with 3 warning signs

No single metric tells the full story. See the FRA:4BV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bureau Veritas Business Description

Address Tour Alto, 4 Place des Saisons, Courbevoie, FRA, 92400
Bureau Veritas is a testing, inspection, and certification company. Its primary activities include testing products and materials, inspecting sites and equipment, and certifying products and systems to maintain global standards. Bureau Veritas is one of a handful of companies in the TIC sector that operate globally across numerous industries, including marine, industry, commodities, construction, and consumer products. Bureau Veritas was listed in 2007; it was previously privately owned by the Wendel Group, which retains a significant holding.
91GF Score

Get the complete analysis for FRA:4BV

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

€27.22
Price
€29.09
GF Value