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DiscoveryFRA:D3H 90 Debt-to-EBITDA is 0.99 as of Dec. 2025, which is 31% below its 10-year median of 1.44. GuruFocus rates FRA:D3H with a GF Score™ of 90/100 and a GF Value™ of €14.30. The stock has 4 warning signs investors should review. Among 321 Insurance companies, Discovery ranks better than 55.45% 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 Discovery's Debt-to-EBITDA or its related term are showing as below:
FRA:D3H'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.82 Med: 1.44 Max: 4.68
Current: 1.04
During the past 13 years, the highest Debt-to-EBITDA Ratio of Discovery was 4.68. The lowest was 0.82. And the median was 1.44.
FRA:D3H's Debt-to-EBITDA is ranked better than 55.45% of 321
companies
in the Insurance industry
Industry Median: 1.19
vs FRA:D3H: 1.04
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.
Discovery Debt-to-EBITDA Related Terms
Discovery Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Discovery'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:D3H vs AFL, MET, PRU: Debt-to-EBITDA Comparison
For the Insurance - Life subindustry, Discovery'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.
Discovery Debt-to-EBITDA vs Insurance Industry
For the Insurance industry and Financial Services sector, Discovery's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Discovery'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.
Discovery (FRA:D3H) has a Debt-to-EBITDA of 0.99 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 Discovery. This is 31% below median its historical median of 1.44. Over the past decade, Discovery's Debt-to-EBITDA has ranged from 0.82 to 4.68. According to the industry distribution chart, Discovery ranks #143 out of 321 companies in the Insurance industry, placing it in the top 44.5%.
Is Discovery's Debt-to-EBITDA too high?
Discovery's current Debt-to-EBITDA of 0.99 is 31% below median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 4.68. The Insurance industry median Debt-to-EBITDA is 1.19. Discovery's value of 0.99 is 16.8% below this industry median. Based on the distribution chart, Discovery ranks #143 out of 321 companies in the Insurance industry, which is above the industry midpoint. Overall, Discovery has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Discovery's Debt-to-EBITDA compare to AFL and MET?
According to the Insurance industry distribution chart, Discovery ranks #143 out of 321 companies for Debt-to-EBITDA. This puts Discovery in the upper half of its industry. The industry median Debt-to-EBITDA is 1.19. Discovery's value of 0.99 is 16.8% below this benchmark. Historically, Discovery's own Debt-to-EBITDA has ranged from 0.82 to 4.68 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 1.19, Discovery 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 Insurance company?
The median Debt-to-EBITDA among Insurance companies is 1.19, based on 321 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. Discovery's current Debt-to-EBITDA of 0.99 is 16.8% 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 Discovery. For the Insurance industry, the median Debt-to-EBITDA is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Discovery's current Debt-to-EBITDA is 0.99, which is 31% below median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Discovery stock overvalued right now?
Discovery (FRA:D3H) has a current Debt-to-EBITDA of 0.99. The stock's GF Value™ is €14.30, compared to a current price of €13.90 — trading 2.8% below its estimated fair value. The current Debt-to-EBITDA is 0.99, which is 31% below median its 10-year median of 1.44 and 16.8% below the Insurance industry median of 1.19. Discovery's overall GF Score™ is 90/100 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 Discovery (FRA:D3H), the current Debt-to-EBITDA is 0.99 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 Discovery (FRA:D3H) Overvalued in 2026?
Based on GuruFocus' analysis, Discovery stock appears to be undervalued.
The current stock price of €13.90 is trading 2.8% below its estimated GF Value™ of €14.30.
Key valuation signals for FRA:D3H:
Debt-to-EBITDA: 0.99 (31% below median its 10-year median of 1.44)
GF Value™: €14.30 vs. price of €13.90 (2.8% below fair value)
Industry Position: 16.8% below the Insurance median (#143 of 321)
No single metric tells the full story. See the FRA:D3H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Discovery Ltd is a financial services organization. It operates in the healthcare, life insurance, short-term insurance, long-term savings, banking and wellness markets. It specializes in health insurance, life assurance, wellness, investments and savings, short-term insurance, and banking. The company generates revenue through its insurance and financial services, with primary markets in South Africa and the UK, and presence in Canada, the USA, Singapore, Australia, and China.
90GF Score
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