China Railway Construction (FRA:4FF) Debt-to-EBITDA : 19.56 (As of Mar. 2026) — 366% Above Median

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FRA:4FF China Railway Construction Corp Ltd FRA:4FF
68 GF Score
Price €0.64
GF Value €0.73
! 6 Warning Signs
View Full Analysis

What is China Railway Construction Debt-to-EBITDA?

China Railway Construction FRA:4FF 68 Debt-to-EBITDA is 19.56 as of Mar. 2026, which is 366% above its 10-year median of 4.20. GuruFocus rates FRA:4FF with a GF Score™ of 68/100 and a GF Value™ of €0.73. The stock has 6 warning signs investors should review. Among 1,403 Construction companies, China Railway Construction ranks worse than 95.44% on this metric.

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

China Railway Construction's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €36,138 Mil. China Railway Construction's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €52,300 Mil. China Railway Construction's annualized EBITDA for the quarter that ended in Mar. 2026 was €4,521 Mil. China Railway Construction's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 19.56.

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 China Railway Construction's Debt-to-EBITDA or its related term are showing as below:

FRA:4FF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.71   Med: 4.2   Max: 18.13
Current: 18.13

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Railway Construction was 18.13. The lowest was 3.71. And the median was 4.20.

FRA:4FF's Debt-to-EBITDA is ranked worse than
95.44% of 1403 companies
in the Construction industry
Industry Median: 2.15 vs FRA:4FF: 18.13

China Railway Construction  (FRA:4FF) 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.


China Railway Construction Debt-to-EBITDA Related Terms


China Railway Construction Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for China Railway Construction'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.

China Railway Construction Debt-to-EBITDA Chart

China Railway Construction 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 3.90 4.05 4.99 7.59 9.44

China Railway Construction Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13.30 13.99 20.05 15.11 19.56

FRA:4FF vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, China Railway Construction'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.


China Railway Construction Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, China Railway Construction's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Railway Construction's Debt-to-EBITDA falls into.


FRA:4FF
68GF Score
China Railway Construction Corp Ltd FRA:4FF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Railway Construction Debt-to-EBITDA Calculation

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

China Railway Construction'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
=(31114.58 + 46221.986) / 8190.418
=9.44

China Railway Construction's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(36137.651 + 52300.383) / 4520.556
=19.56

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 19.56 mean?
China Railway Construction (FRA:4FF) has a Debt-to-EBITDA of 19.56 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 China Railway Construction. This is 366% above median its historical median of 4.20. Over the past decade, China Railway Construction's Debt-to-EBITDA has ranged from 3.71 to 18.13. According to the industry distribution chart, China Railway Construction ranks #1339 out of 1403 companies in the Construction industry, placing it in the top 95.4%.
Is China Railway Construction's Debt-to-EBITDA too high?
China Railway Construction's current Debt-to-EBITDA of 19.56 is 366% above median its 10-year median of 4.20. Over the past 10 years, this metric has ranged from a low of 3.71 to a high of 18.13. The Construction industry median Debt-to-EBITDA is 2.15. China Railway Construction's value of 19.56 is 809.8% above this industry median. Based on the distribution chart, China Railway Construction ranks #1339 out of 1403 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, China Railway Construction has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does China Railway Construction's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, China Railway Construction ranks #1339 out of 1403 companies for Debt-to-EBITDA. This places China Railway Construction in the lower half of its industry. The industry median Debt-to-EBITDA is 2.15. China Railway Construction's value of 19.56 is 809.8% above this benchmark. Historically, China Railway Construction's own Debt-to-EBITDA has ranged from 3.71 to 18.13 over the past decade. While the company's 10-year median is 4.20 vs. the industry median of 2.15, China Railway Construction 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.15, based on 1,403 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. China Railway Construction's current Debt-to-EBITDA of 19.56 is 809.8% 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 China Railway Construction. For the Construction industry, the median Debt-to-EBITDA is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Railway Construction's current Debt-to-EBITDA is 19.56, which is 366% above median its own 10-year median of 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Railway Construction stock overvalued right now?
China Railway Construction (FRA:4FF) has a current Debt-to-EBITDA of 19.56. The stock's GF Value™ is €0.73, compared to a current price of €0.64 — trading 12.3% below its estimated fair value. The current Debt-to-EBITDA is 19.56, which is 366% above median its 10-year median of 4.20 and 809.8% above the Construction industry median of 2.15. China Railway Construction's overall GF Score™ is 68/100 with 6 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 China Railway Construction (FRA:4FF), the current Debt-to-EBITDA is 19.56 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 China Railway Construction (FRA:4FF) Overvalued in 2026?

Based on GuruFocus' analysis, China Railway Construction stock appears to be undervalued. The current stock price of €0.64 is trading 12.3% below its estimated GF Value™ of €0.73.

Key valuation signals for FRA:4FF:

  • Debt-to-EBITDA: 19.56 (366% above median its 10-year median of 4.20)
  • GF Value™: €0.73 vs. price of €0.64 (12.3% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 809.8% above the Construction median (#1339 of 1403)

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


China Railway Construction Business Description

Other Exchanges 01186:Hong Kong601186:China
Address East, No. 40 Fuxing Road, Haidian District, Beijing, CHN, 100855
China Railway Construction Corp Ltd operates as an infrastructure construction firm. It largely derives contracting revenue. It builds railways, highways and municipal works, such as subways and light rail systems. The company also engages in survey and design, manufacturing, logistics, and property development. It operates the following business segments: Engineering contracting business, Planning, design and consultancy, Manufacturing operation, Real estate development operation, Materials and logistics and other businesses. The firm's revenue gets dominated by the Engineering contracting business segment that engages in the construction of infrastructure such as railways, highways, metropolitan railways, and real estate projects.
68GF Score

Get the complete analysis for FRA:4FF

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

€0.64
Price
€0.73
GF Value