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Applied Industrial TechnologiesFRA:AT4 -0.46%87 Debt-to-EBITDA is 0.59 as of Mar. 2026, which is 72% below its 10-year median of 2.11. GuruFocus rates FRA:AT4 with a GF Score™ of 87/100 and a GF Value™ of €231.36 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 139 Industrial Distribution companies, Applied Industrial Technologies ranks better than 82.01% 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 Applied Industrial Technologies's Debt-to-EBITDA or its related term are showing as below:
FRA:AT4'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.6 Med: 2.11 Max: 6.02
Current: 0.6
During the past 13 years, the highest Debt-to-EBITDA Ratio of Applied Industrial Technologies was 6.02. The lowest was 0.60. And the median was 2.11.
FRA:AT4's Debt-to-EBITDA is ranked better than 82.01% of 139
companies
in the Industrial Distribution industry
Industry Median: 2.55
vs FRA:AT4: 0.60
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.
Applied Industrial Technologies Debt-to-EBITDA Related Terms
Applied Industrial Technologies 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:AT4 vs QXO, WSO, WCC: Debt-to-EBITDA Comparison
For the Industrial Distribution subindustry, Applied Industrial Technologies'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.
Applied Industrial Technologies Debt-to-EBITDA vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Applied Industrial Technologies'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.
Applied Industrial Technologies (FRA:AT4) has a Debt-to-EBITDA of 0.59 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 Applied Industrial Technologies. This is 72% below median its historical median of 2.11. Over the past decade, Applied Industrial Technologies' Debt-to-EBITDA has ranged from 0.60 to 6.02. According to the industry distribution chart, Applied Industrial Technologies ranks #25 out of 139 companies in the Industrial Distribution industry, placing it in the top 18%.
Is Applied Industrial Technologies' Debt-to-EBITDA too high?
Applied Industrial Technologies' current Debt-to-EBITDA of 0.59 is 72% below median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 6.02. The Industrial Distribution industry median Debt-to-EBITDA is 2.55. Applied Industrial Technologies' value of 0.59 is 76.9% below this industry median. Based on the distribution chart, Applied Industrial Technologies ranks #25 out of 139 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Applied Industrial Technologies has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Industrial Technologies' Debt-to-EBITDA compare to QXO and WSO?
According to the Industrial Distribution industry distribution chart, Applied Industrial Technologies ranks #25 out of 139 companies for Debt-to-EBITDA. This places Applied Industrial Technologies in the top 18% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.55. Applied Industrial Technologies' value of 0.59 is 76.9% below this benchmark. Historically, Applied Industrial Technologies' own Debt-to-EBITDA has ranged from 0.60 to 6.02 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 2.55, Applied Industrial Technologies 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 an Industrial Distribution company?
The median Debt-to-EBITDA among Industrial Distribution companies is 2.55, based on 139 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. Applied Industrial Technologies's current Debt-to-EBITDA of 0.59 is 76.9% 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 Applied Industrial Technologies. For the Industrial Distribution industry, the median Debt-to-EBITDA is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Industrial Technologies's current Debt-to-EBITDA is 0.59, which is 72% below median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Industrial Technologies stock overvalued right now?
Based on GuruFocus' analysis, Applied Industrial Technologies (FRA:AT4) is currently considered Modestly Overvalued. The stock's GF Value™ is €231.36, compared to a current price of €301.80 — trading 30.4% above its estimated fair value. The current Debt-to-EBITDA is 0.59, which is 72% below median its 10-year median of 2.11 and 76.9% below the Industrial Distribution industry median of 2.55. Applied Industrial Technologies' overall GF Score™ is 87/100 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 Applied Industrial Technologies (FRA:AT4), the current Debt-to-EBITDA is 0.59 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 Applied Industrial Technologies (FRA:AT4) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Industrial Technologies stock appears to be overvalued.
The current stock price of €301.80 is trading 30.4% above its estimated GF Value™ of €231.36.
GuruFocus considers Applied Industrial Technologies to be Modestly Overvalued.
Key valuation signals for FRA:AT4:
Debt-to-EBITDA: 0.59 (72% below median its 10-year median of 2.11)
GF Value™: €231.36 vs. price of €301.80 (30.4% above fair value)
Industry Position: 76.9% below the Industrial Distribution median (#25 of 139)
No single metric tells the full story. See the FRA:AT4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Industrial Technologies Business Description
Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. The company's reportable segments are; Service Center Based Distribution which derives key revenue, and Engineered Solutions. Geographically, the company derives its key revenue from the United States and the rest from Canada and other countries.
87GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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