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.
BHB Brauholding Bayern-Mitte AGFRA:B9B 74 Debt-to-EBITDA is 2.10 as of Dec. 2025, which is 518% above its 10-year median of 0.34. GuruFocus rates FRA:B9B with a GF Score™ of 74/100 and a GF Value™ of €2.47 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 157 Beverages - Alcoholic companies, BHB Brauholding Bayern-Mitte AG ranks better than 53.5% 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 BHB Brauholding Bayern-Mitte AG's Debt-to-EBITDA or its related term are showing as below:
FRA:B9B'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.17 Med: 0.34 Max: 2.08
Current: 2.02
During the past 13 years, the highest Debt-to-EBITDA Ratio of BHB Brauholding Bayern-Mitte AG was 2.08. The lowest was 0.17. And the median was 0.34.
FRA:B9B's Debt-to-EBITDA is ranked better than 53.5% of 157
companies
in the Beverages - Alcoholic industry
Industry Median: 2.27
vs FRA:B9B: 2.02
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.
BHB Brauholding Bayern-Mitte AG Debt-to-EBITDA Related Terms
BHB Brauholding Bayern-Mitte AG 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.
BHB Brauholding Bayern-Mitte AG Debt-to-EBITDA Chart
For the Beverages - Brewers subindustry, BHB Brauholding Bayern-Mitte AG'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.
BHB Brauholding Bayern-Mitte AG Debt-to-EBITDA vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, BHB Brauholding Bayern-Mitte AG's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where BHB Brauholding Bayern-Mitte AG'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 two times the quarterly (Dec. 2025) EBITDA data.
BHB Brauholding Bayern-Mitte AG (FRA:B9B) has a Debt-to-EBITDA of 2.10 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on BHB Brauholding Bayern-Mitte AG. This is 518% above median its historical median of 0.34. Over the past decade, BHB Brauholding Bayern-Mitte AG's Debt-to-EBITDA has ranged from 0.17 to 2.08. According to the industry distribution chart, BHB Brauholding Bayern-Mitte AG ranks #73 out of 157 companies in the Beverages - Alcoholic industry, placing it in the top 46.5%.
Is BHB Brauholding Bayern-Mitte AG's Debt-to-EBITDA too high?
BHB Brauholding Bayern-Mitte AG's current Debt-to-EBITDA of 2.10 is 518% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 2.08. The Beverages - Alcoholic industry median Debt-to-EBITDA is 2.27. BHB Brauholding Bayern-Mitte AG's value of 2.10 is 7.5% below this industry median. Based on the distribution chart, BHB Brauholding Bayern-Mitte AG ranks #73 out of 157 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, BHB Brauholding Bayern-Mitte AG has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BHB Brauholding Bayern-Mitte AG's Debt-to-EBITDA compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, BHB Brauholding Bayern-Mitte AG ranks #73 out of 157 companies for Debt-to-EBITDA. This puts BHB Brauholding Bayern-Mitte AG in the upper half of its industry. The industry median Debt-to-EBITDA is 2.27. BHB Brauholding Bayern-Mitte AG's value of 2.10 is 7.5% below this benchmark. Historically, BHB Brauholding Bayern-Mitte AG's own Debt-to-EBITDA has ranged from 0.17 to 2.08 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 2.27, BHB Brauholding Bayern-Mitte AG 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 a Beverages - Alcoholic company?
The median Debt-to-EBITDA among Beverages - Alcoholic companies is 2.27, based on 157 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. BHB Brauholding Bayern-Mitte AG's current Debt-to-EBITDA of 2.10 is 7.5% 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 BHB Brauholding Bayern-Mitte AG. For the Beverages - Alcoholic industry, the median Debt-to-EBITDA is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BHB Brauholding Bayern-Mitte AG's current Debt-to-EBITDA is 2.10, which is 518% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHB Brauholding Bayern-Mitte AG stock overvalued right now?
Based on GuruFocus' analysis, BHB Brauholding Bayern-Mitte AG (FRA:B9B) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.47, compared to a current price of €2.00 — trading 19% below its estimated fair value. The current Debt-to-EBITDA is 2.10, which is 518% above median its 10-year median of 0.34 and 7.5% below the Beverages - Alcoholic industry median of 2.27. BHB Brauholding Bayern-Mitte AG's overall GF Score™ is 74/100 with 4 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 BHB Brauholding Bayern-Mitte AG (FRA:B9B), the current Debt-to-EBITDA is 2.10 as of Dec. 2025. 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 BHB Brauholding Bayern-Mitte AG (FRA:B9B) Overvalued in 2026?
Based on GuruFocus' analysis, BHB Brauholding Bayern-Mitte AG stock appears to be undervalued.
The current stock price of €2.00 is trading 19% below its estimated GF Value™ of €2.47.
GuruFocus considers BHB Brauholding Bayern-Mitte AG to be Modestly Undervalued.
Key valuation signals for FRA:B9B:
Debt-to-EBITDA: 2.10 (518% above median its 10-year median of 0.34)
GF Value™: €2.47 vs. price of €2.00 (19% below fair value)
Industry Position: 7.5% below the Beverages - Alcoholic median (#73 of 157)
No single metric tells the full story. See the FRA:B9B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BHB Brauholding Bayern-Mitte AG is a holding company. Along with its subsidiaries, it is mainly engaged in the in-house production and distribution of beers and non-alcoholic beverages, and the trading of beverages from other manufacturers. The group's brand portfolio comprises 10 wheat beers, 29 bottom-fermented beer specialties, and three beer-based mixed drinks. Additionally, it is involved in the operation of restaurants and the associated marketing, and offers a wide variety of mineral waters and non-alcoholic soft drinks.
74GF Score
Get the complete analysis for FRA:B9B
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:B9B has been successfully added to your 
