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.
AifulFRA:AAU 66 Debt-to-EBITDA is 20.84 as of Jun. 2026, which is 30% below its 10-year median of 29.83. GuruFocus rates FRA:AAU with a GF Score™ of 66/100 and a GF Value™ of €2.82. The stock has 6 warning signs investors should review. Among 285 Credit Services companies, Aiful ranks worse than 85.61% 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 Aiful's Debt-to-EBITDA or its related term are showing as below:
FRA:AAU'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 20.54 Med: 29.83 Max: 103.66
Current: 26.6
During the past 13 years, the highest Debt-to-EBITDA Ratio of Aiful was 103.66. The lowest was 20.54. And the median was 29.83.
FRA:AAU's Debt-to-EBITDA is ranked worse than 85.61% of 285
companies
in the Credit Services industry
Industry Median: 8.69
vs FRA:AAU: 26.60
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.
Aiful Debt-to-EBITDA Related Terms
Aiful Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Aiful'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 Credit Services subindustry, Aiful'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.
Aiful Debt-to-EBITDA vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Aiful's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Aiful'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 (Jun. 2026) EBITDA data.
Aiful (FRA:AAU) has a Debt-to-EBITDA of 20.84 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 Aiful. This is 30% below median its historical median of 29.83. Over the past decade, Aiful's Debt-to-EBITDA has ranged from 20.54 to 103.66. According to the industry distribution chart, Aiful ranks #244 out of 285 companies in the Credit Services industry, placing it in the top 85.6%.
Is Aiful's Debt-to-EBITDA too high?
Aiful's current Debt-to-EBITDA of 20.84 is 30% below median its 10-year median of 29.83. Over the past 10 years, this metric has ranged from a low of 20.54 to a high of 103.66. The Credit Services industry median Debt-to-EBITDA is 8.69. Aiful's value of 20.84 is 139.8% above this industry median. Based on the distribution chart, Aiful ranks #244 out of 285 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Aiful has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Aiful's Debt-to-EBITDA compare to V and MA?
According to the Credit Services industry distribution chart, Aiful ranks #244 out of 285 companies for Debt-to-EBITDA. This places Aiful in the lower half of its industry. The industry median Debt-to-EBITDA is 8.69. Aiful's value of 20.84 is 139.8% above this benchmark. Historically, Aiful's own Debt-to-EBITDA has ranged from 20.54 to 103.66 over the past decade. While the company's 10-year median is 29.83 vs. the industry median of 8.69, Aiful 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 Credit Services company?
The median Debt-to-EBITDA among Credit Services companies is 8.69, based on 285 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. Aiful's current Debt-to-EBITDA of 20.84 is 139.8% 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 Aiful. For the Credit Services industry, the median Debt-to-EBITDA is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aiful's current Debt-to-EBITDA is 20.84, which is 30% below median its own 10-year median of 29.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aiful stock overvalued right now?
Aiful (FRA:AAU) has a current Debt-to-EBITDA of 20.84. The stock's GF Value™ is €2.82, compared to a current price of €2.40 — trading 14.9% below its estimated fair value. The current Debt-to-EBITDA is 20.84, which is 30% below median its 10-year median of 29.83 and 139.8% above the Credit Services industry median of 8.69. Aiful's overall GF Score™ is 66/100 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 Aiful (FRA:AAU), the current Debt-to-EBITDA is 20.84 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 Aiful (FRA:AAU) Overvalued in 2026?
Based on GuruFocus' analysis, Aiful stock appears to be undervalued.
The current stock price of €2.40 is trading 14.9% below its estimated GF Value™ of €2.82.
Key valuation signals for FRA:AAU:
Debt-to-EBITDA: 20.84 (30% below median its 10-year median of 29.83)
GF Value™: €2.82 vs. price of €2.40 (14.9% below fair value)
Industry Position: 139.8% above the Credit Services median (#244 of 285)
No single metric tells the full story. See the FRA:AAU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Muninova Holdings Inc is focused on the management and administration of group companies engaged in consumer finance, credit card, and related businesses.
66GF Score
Get the complete analysis for FRA:AAU
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:AAU has been successfully added to your 
