Whats Cooking Group NV/SA (FRA:BD0) Debt-to-EBITDA : 0.38 (As of Dec. 2025) — 83% Below Median

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FRA:BD0 Whats Cooking Group NV/SA FRA:BD0
76 GF Score
Price €141.00
GF Value €115.48
! 7 Warning Signs
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What is Whats Cooking Group NV/SA Debt-to-EBITDA?

Whats Cooking Group NV/SA FRA:BD0 76 Debt-to-EBITDA is 0.38 as of Dec. 2025, which is 83% below its 10-year median of 2.28. GuruFocus rates FRA:BD0 with a GF Score™ of 76/100 and a GF Value™ of €115.48. The stock has 7 warning signs investors should review. Among 1,554 Consumer Packaged Goods companies, Whats Cooking Group NV/SA ranks better than 82.56% on this metric.

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

Whats Cooking Group NV/SA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €1.8 Mil. Whats Cooking Group NV/SA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €12.5 Mil. Whats Cooking Group NV/SA's annualized EBITDA for the quarter that ended in Dec. 2025 was €37.3 Mil. Whats Cooking Group NV/SA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 0.38.

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 Whats Cooking Group NV/SA's Debt-to-EBITDA or its related term are showing as below:

FRA:BD0' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.38   Med: 2.28   Max: 4.25
Current: 0.38

During the past 13 years, the highest Debt-to-EBITDA Ratio of Whats Cooking Group NV/SA was 4.25. The lowest was 0.38. And the median was 2.28.

FRA:BD0's Debt-to-EBITDA is ranked better than
82.56% of 1554 companies
in the Consumer Packaged Goods industry
Industry Median: 2.12 vs FRA:BD0: 0.38

Whats Cooking Group NV/SA  (FRA:BD0) 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.


Whats Cooking Group NV/SA Debt-to-EBITDA Related Terms


Whats Cooking Group NV/SA Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Whats Cooking Group NV/SA'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.

Whats Cooking Group NV/SA Debt-to-EBITDA Chart

Whats Cooking Group NV/SA 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 1.94 2.46 2.09 1.38 0.38

Whats Cooking Group NV/SA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.28 1.25 1.31 0.09 0.38

FRA:BD0 vs KHC, GIS, HRL: Debt-to-EBITDA Comparison

For the Packaged Foods subindustry, Whats Cooking Group NV/SA'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.


Whats Cooking Group NV/SA Debt-to-EBITDA vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Whats Cooking Group NV/SA's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Whats Cooking Group NV/SA's Debt-to-EBITDA falls into.


FRA:BD0
76GF Score
Whats Cooking Group NV/SA FRA:BD0
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Whats Cooking Group NV/SA Debt-to-EBITDA Calculation

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

Whats Cooking Group NV/SA'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
=(1.792 + 12.507) / 37.572
=0.38

Whats Cooking Group NV/SA's annualized Debt-to-EBITDA for the quarter 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
=(1.792 + 12.507) / 37.326
=0.38

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.38 mean?
Whats Cooking Group NV/SA (FRA:BD0) has a Debt-to-EBITDA of 0.38 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 Whats Cooking Group NV/SA. This is 83% below median its historical median of 2.28. Over the past decade, Whats Cooking Group NV/SA's Debt-to-EBITDA has ranged from 0.38 to 4.25. According to the industry distribution chart, Whats Cooking Group NV/SA ranks #271 out of 1554 companies in the Consumer Packaged Goods industry, placing it in the top 17.4%.
Is Whats Cooking Group NV/SA's Debt-to-EBITDA too high?
Whats Cooking Group NV/SA's current Debt-to-EBITDA of 0.38 is 83% below median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 4.25. The Consumer Packaged Goods industry median Debt-to-EBITDA is 2.12. Whats Cooking Group NV/SA's value of 0.38 is 82.1% below this industry median. Based on the distribution chart, Whats Cooking Group NV/SA ranks #271 out of 1554 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Whats Cooking Group NV/SA has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Whats Cooking Group NV/SA's Debt-to-EBITDA compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Whats Cooking Group NV/SA ranks #271 out of 1554 companies for Debt-to-EBITDA. This places Whats Cooking Group NV/SA in the top 17% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.12. Whats Cooking Group NV/SA's value of 0.38 is 82.1% below this benchmark. Historically, Whats Cooking Group NV/SA's own Debt-to-EBITDA has ranged from 0.38 to 4.25 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 2.12, Whats Cooking Group NV/SA 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 Consumer Packaged Goods company?
The median Debt-to-EBITDA among Consumer Packaged Goods companies is 2.12, based on 1,554 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. Whats Cooking Group NV/SA's current Debt-to-EBITDA of 0.38 is 82.1% 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 Whats Cooking Group NV/SA. For the Consumer Packaged Goods industry, the median Debt-to-EBITDA is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Whats Cooking Group NV/SA's current Debt-to-EBITDA is 0.38, which is 83% below median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whats Cooking Group NV/SA stock overvalued right now?
Whats Cooking Group NV/SA (FRA:BD0) has a current Debt-to-EBITDA of 0.38. The stock's GF Value™ is €115.48, compared to a current price of €141.00 — trading 22.1% above its estimated fair value. The current Debt-to-EBITDA is 0.38, which is 83% below median its 10-year median of 2.28 and 82.1% below the Consumer Packaged Goods industry median of 2.12. Whats Cooking Group NV/SA's overall GF Score™ is 76/100 with 7 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 Whats Cooking Group NV/SA (FRA:BD0), the current Debt-to-EBITDA is 0.38 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 Whats Cooking Group NV/SA (FRA:BD0) Overvalued in 2026?

Based on GuruFocus' analysis, Whats Cooking Group NV/SA stock appears to be overvalued. The current stock price of €141.00 is trading 22.1% above its estimated GF Value™ of €115.48.

Key valuation signals for FRA:BD0:

  • Debt-to-EBITDA: 0.38 (83% below median its 10-year median of 2.28)
  • GF Value™: €115.48 vs. price of €141.00 (22.1% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 82.1% below the Consumer Packaged Goods median (#271 of 1554)

No single metric tells the full story. See the FRA:BD0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Whats Cooking Group NV/SA Business Description

Other Exchanges WHATS:Belgium
Address Kortrijksesteenweg, Bus C 9051 Sint-Denijs-Westrem, Ghent, BEL, 1091
Whats Cooking Group NV/SA is a fresh savoury food group. It commercializes in Europe and beyond a wide range of high-quality and savoury cold cuts and ready meal food products and related services.
76GF Score

Get the complete analysis for FRA:BD0

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

€141.00
Price
€115.48
GF Value