Ceres Power Holdings (FRA:CFJ) Debt-to-EBITDA : -0.06 (As of Dec. 2025)

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FRA:CFJ Ceres Power Holdings PLC FRA:CFJ
51 GF Score
Price €2.10
GF Value €1.93
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Ceres Power Holdings Debt-to-EBITDA?

Ceres Power Holdings FRA:CFJ -2.78% 51 Debt-to-EBITDA is -0.06 as of Dec. 2025. GuruFocus rates FRA:CFJ with a GF Score™ of 51/100 and a GF Value™ of €1.93 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,332 Industrial Products companies, Ceres Power Holdings ranks worse than 42881.6% on this metric.

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

Ceres Power Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €0.95 Mil. Ceres Power Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €1.80 Mil. Ceres Power Holdings's annualized EBITDA for the quarter that ended in Dec. 2025 was €-49.48 Mil. Ceres Power Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was -0.06.

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.

The historical rank and industry rank for Ceres Power Holdings's Debt-to-EBITDA or its related term are showing as below:

FRA:CFJ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.18   Med: -0.07   Max: -0.06
Current: -0.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ceres Power Holdings was -0.06. The lowest was -0.18. And the median was -0.07.

FRA:CFJ's Debt-to-EBITDA is ranked worse than
100% of 2332 companies
in the Industrial Products industry
Industry Median: 1.7 vs FRA:CFJ: -0.07

Ceres Power Holdings  (FRA:CFJ) 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.


Ceres Power Holdings Debt-to-EBITDA Related Terms


Ceres Power Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ceres Power Holdings'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.

Ceres Power Holdings Debt-to-EBITDA Chart

Ceres Power Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.18 -0.07 -0.06 -0.14 -0.07

Ceres Power Holdings Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 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 -0.06 -0.22 -0.11 -0.11 -0.06

FRA:CFJ vs VRT, BE: Debt-to-EBITDA Comparison

For the Electrical Equipment & Parts subindustry, Ceres Power Holdings'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.


Ceres Power Holdings Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ceres Power Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ceres Power Holdings's Debt-to-EBITDA falls into.


FRA:CFJ
51GF Score
Ceres Power Holdings PLC FRA:CFJ
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ceres Power Holdings Debt-to-EBITDA Calculation

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

Ceres Power Holdings'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
=(0.953 + 1.801) / -39.165
=-0.07

Ceres Power Holdings'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
=(0.953 + 1.801) / -49.484
=-0.06

* 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 -0.06 mean?
Ceres Power Holdings (FRA:CFJ) has a Debt-to-EBITDA of -0.06 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 Ceres Power Holdings. According to the industry distribution chart, Ceres Power Holdings ranks #999999 out of 2332 companies in the Industrial Products industry.
Is Ceres Power Holdings' Debt-to-EBITDA too high?
Ceres Power Holdings' current Debt-to-EBITDA is -0.06. Based on the distribution chart, Ceres Power Holdings ranks #999999 out of 2332 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ceres Power Holdings has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ceres Power Holdings' Debt-to-EBITDA compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ceres Power Holdings ranks #999999 out of 2332 companies for Debt-to-EBITDA. This places Ceres Power Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 1.70. 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 Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.70, based on 2,332 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. 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 Ceres Power Holdings. For the Industrial Products industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceres Power Holdings's current Debt-to-EBITDA is -0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceres Power Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ceres Power Holdings (FRA:CFJ) is currently considered Fairly Valued. The stock's GF Value™ is €1.93, compared to a current price of €2.10 — trading 8.8% above its estimated fair value. The current Debt-to-EBITDA is -0.06. Ceres Power Holdings' overall GF Score™ is 51/100 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 Ceres Power Holdings (FRA:CFJ), the current Debt-to-EBITDA is -0.06 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 Ceres Power Holdings (FRA:CFJ) Overvalued in 2026?

Based on GuruFocus' analysis, Ceres Power Holdings stock appears to be overvalued. The current stock price of €2.10 is trading 8.8% above its estimated GF Value™ of €1.93. GuruFocus considers Ceres Power Holdings to be Fairly Valued.

Key valuation signals for FRA:CFJ:

  • Debt-to-EBITDA: -0.06
  • GF Value™: €1.93 vs. price of €2.10 (8.8% above fair value)
  • GF Score™: 51/100 with 4 warning signs

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


Ceres Power Holdings Business Description

Address Foundry Lane, Viking House, Horsham, West Sussex, GBR, RH13 5PX
Ceres Power Holdings PLC is a primary developer of clean energy technology fuel cells for power generation and electrolysers to produce green hydrogen. Its licensing model enables partners to develop solid oxide technology supporting greater electrification of energy systems, including AI data centres, commercial and industrial applications, and produce green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as ammonia, steelmaking and electrofuels. The majority of revenue comes from Asian country followed by Europe and North America.
51GF Score

Get the complete analysis for FRA:CFJ

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

€2.10
Price
€1.93
GF Value