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Calnex SolutionsFRA:CSO -0.71%54 Debt-to-EBITDA is 0.09 as of Mar. 2026, which is 36% below its 10-year median of 0.14. GuruFocus rates FRA:CSO with a GF Score™ of 54/100 and a GF Value™ of €0.78 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,796 Hardware companies, Calnex Solutions ranks better than 88.47% 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 Calnex Solutions's Debt-to-EBITDA or its related term are showing as below:
FRA:CSO'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.06 Med: 0.14 Max: 1.02
Current: 0.14
During the past 9 years, the highest Debt-to-EBITDA Ratio of Calnex Solutions was 1.02. The lowest was 0.06. And the median was 0.14.
FRA:CSO's Debt-to-EBITDA is ranked better than 88.47% of 1796
companies
in the Hardware industry
Industry Median: 1.715
vs FRA:CSO: 0.14
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.
Calnex Solutions Debt-to-EBITDA Related Terms
Calnex Solutions Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Calnex Solutions'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.
FRA:CSO vs CSCO, CIEN, MSI: Debt-to-EBITDA Comparison
For the Communication Equipment subindustry, Calnex Solutions'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.
Calnex Solutions Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Calnex Solutions's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Calnex Solutions'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 (Mar. 2026) EBITDA data.
Calnex Solutions (FRA:CSO) has a Debt-to-EBITDA of 0.09 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 Calnex Solutions. This is 36% below median its historical median of 0.14. Over the past decade, Calnex Solutions' Debt-to-EBITDA has ranged from 0.06 to 1.02. According to the industry distribution chart, Calnex Solutions ranks #207 out of 1796 companies in the Hardware industry, placing it in the top 11.5%.
Is Calnex Solutions' Debt-to-EBITDA too high?
Calnex Solutions' current Debt-to-EBITDA of 0.09 is 36% below median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 1.02. The Hardware industry median Debt-to-EBITDA is 1.72. Calnex Solutions' value of 0.09 is 94.8% below this industry median. Based on the distribution chart, Calnex Solutions ranks #207 out of 1796 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Calnex Solutions has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Calnex Solutions' Debt-to-EBITDA compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Calnex Solutions ranks #207 out of 1796 companies for Debt-to-EBITDA. This places Calnex Solutions in the top 12% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.72. Calnex Solutions' value of 0.09 is 94.8% below this benchmark. Historically, Calnex Solutions' own Debt-to-EBITDA has ranged from 0.06 to 1.02 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 1.72, Calnex Solutions 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.72, based on 1,796 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. Calnex Solutions's current Debt-to-EBITDA of 0.09 is 94.8% 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 Calnex Solutions. For the Hardware industry, the median Debt-to-EBITDA is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calnex Solutions's current Debt-to-EBITDA is 0.09, which is 36% below median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calnex Solutions stock overvalued right now?
Based on GuruFocus' analysis, Calnex Solutions (FRA:CSO) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.78, compared to a current price of €0.70 — trading 10.3% below its estimated fair value. The current Debt-to-EBITDA is 0.09, which is 36% below median its 10-year median of 0.14 and 94.8% below the Hardware industry median of 1.72. Calnex Solutions' overall GF Score™ is 54/100 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 Calnex Solutions (FRA:CSO), the current Debt-to-EBITDA is 0.09 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 Calnex Solutions (FRA:CSO) Overvalued in 2026?
Based on GuruFocus' analysis, Calnex Solutions stock appears to be undervalued.
The current stock price of €0.70 is trading 10.3% below its estimated GF Value™ of €0.78.
GuruFocus considers Calnex Solutions to be Modestly Undervalued.
Key valuation signals for FRA:CSO:
Debt-to-EBITDA: 0.09 (36% below median its 10-year median of 0.14)
GF Value™: €0.78 vs. price of €0.70 (10.3% below fair value)
Industry Position: 94.8% below the Hardware median (#207 of 1796)
No single metric tells the full story. See the FRA:CSO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Calnex Solutions PLC is a provider of test and measurement solutions for the telecommunications sector. It designs, produces, and markets test instrumentation and solutions for network synchronization and network emulation. The company offers its equipment to network operators, network providers, systems suppliers, laboratories, and network infrastructures. The company operates in North Asia, Americas and Rest of the world, out of which it derives maximum revenue from Rest of the World.
54GF Score
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