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.
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.
Advanced Drainage SystemsFRA:6DA +0.50%86 Debt-to-EBITDA is 3.60 as of Mar. 2026, which is 109% above its 10-year median of 1.72. GuruFocus rates FRA:6DA with a GF Score™ of 86/100 and a GF Value™ of €129.62 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,405 Construction companies, Advanced Drainage Systems ranks better than 50.96% 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 Advanced Drainage Systems's Debt-to-EBITDA or its related term are showing as below:
FRA:6DA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.5 Med: 1.72 Max: 41.73
Current: 2.06
During the past 13 years, the highest Debt-to-EBITDA Ratio of Advanced Drainage Systems was 41.73. The lowest was 1.50. And the median was 1.72.
FRA:6DA's Debt-to-EBITDA is ranked better than 50.96% of 1405
companies
in the Construction industry
Industry Median: 2.14
vs FRA:6DA: 2.06
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.
Advanced Drainage Systems Debt-to-EBITDA Related Terms
Advanced Drainage Systems Debt-to-EBITDA Historical Data
* 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:6DA vs SPXC, OC, AAON: Debt-to-EBITDA Comparison
For the Building Products & Equipment subindustry, Advanced Drainage Systems'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.
Advanced Drainage Systems Debt-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, Advanced Drainage Systems's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Advanced Drainage Systems'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 four times the quarterly (Mar. 2026) EBITDA data.
Advanced Drainage Systems (FRA:6DA) has a Debt-to-EBITDA of 3.60 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 Advanced Drainage Systems. This is 109% above median its historical median of 1.72. Over the past decade, Advanced Drainage Systems' Debt-to-EBITDA has ranged from 1.50 to 41.73. According to the industry distribution chart, Advanced Drainage Systems ranks #689 out of 1405 companies in the Construction industry, placing it in the top 49%.
Is Advanced Drainage Systems' Debt-to-EBITDA too high?
Advanced Drainage Systems' current Debt-to-EBITDA of 3.60 is 109% above median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 41.73. The Construction industry median Debt-to-EBITDA is 2.14. Advanced Drainage Systems' value of 3.60 is 68.2% above this industry median. Based on the distribution chart, Advanced Drainage Systems ranks #689 out of 1405 companies in the Construction industry, which is above the industry midpoint. Overall, Advanced Drainage Systems has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Advanced Drainage Systems' Debt-to-EBITDA compare to SPXC and OC?
According to the Construction industry distribution chart, Advanced Drainage Systems ranks #689 out of 1405 companies for Debt-to-EBITDA. This puts Advanced Drainage Systems in the upper half of its industry. The industry median Debt-to-EBITDA is 2.14. Advanced Drainage Systems' value of 3.60 is 68.2% above this benchmark. Historically, Advanced Drainage Systems' own Debt-to-EBITDA has ranged from 1.50 to 41.73 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 2.14, Advanced Drainage Systems 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 2.14, based on 1,405 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. Advanced Drainage Systems's current Debt-to-EBITDA of 3.60 is 68.2% 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 Advanced Drainage Systems. For the Construction industry, the median Debt-to-EBITDA is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Drainage Systems's current Debt-to-EBITDA is 3.60, which is 109% above median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Drainage Systems stock overvalued right now?
Based on GuruFocus' analysis, Advanced Drainage Systems (FRA:6DA) is currently considered Fairly Valued. The stock's GF Value™ is €129.62, compared to a current price of €120.10 — trading 7.3% below its estimated fair value. The current Debt-to-EBITDA is 3.60, which is 109% above median its 10-year median of 1.72 and 68.2% above the Construction industry median of 2.14. Advanced Drainage Systems' overall GF Score™ is 86/100 with 1 warning sign 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 Advanced Drainage Systems (FRA:6DA), the current Debt-to-EBITDA is 3.60 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 Advanced Drainage Systems (FRA:6DA) Overvalued in 2026?
Based on GuruFocus' analysis, Advanced Drainage Systems stock appears to be undervalued.
The current stock price of €120.10 is trading 7.3% below its estimated GF Value™ of €129.62.
GuruFocus considers Advanced Drainage Systems to be Fairly Valued.
Key valuation signals for FRA:6DA:
Debt-to-EBITDA: 3.60 (109% above median its 10-year median of 1.72)
GF Value™: €129.62 vs. price of €120.10 (7.3% below fair value)
Industry Position: 68.2% above the Construction median (#689 of 1405)
No single metric tells the full story. See the FRA:6DA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advanced Drainage Systems Inc designs, manufactures and markets water management solutions in the stormwater and onsite wastewater industries, providing superior drainage solutions for use in the construction and agriculture markets. The company's products are used across a broad range of end markets and applications, including non-residential, residential, infrastructure and agriculture applications. It has two reportable segments: Stormwater and Wastewater. It derives the majority of revenue from the Stormwater segment, which manufactures and markets thermoplastic corrugated pipe and complementary products, including single wall pipe, N-12 HDPE pipe, polypropylene pipe, StormTech, Nyloplast, Inserta Tee, water quality filters and structures, and NDS channel drains, and access boxes.
86GF Score
Get the complete analysis for FRA:6DA
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:6DA has been successfully added to your 
