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.
Capital Environment HoldingsFRA:H2Y Debt-to-EBITDA is 11.85 as of Dec. 2025, which is 56% above its 10-year median of 7.60. The stock has 4 warning signs investors should review. Among 171 Waste Management companies, Capital Environment Holdings ranks worse than 91.81% 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 Capital Environment Holdings's Debt-to-EBITDA or its related term are showing as below:
FRA:H2Y'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.78 Med: 7.6 Max: 12.16
Current: 12.16
During the past 13 years, the highest Debt-to-EBITDA Ratio of Capital Environment Holdings was 12.16. The lowest was 5.78. And the median was 7.60.
FRA:H2Y's Debt-to-EBITDA is ranked worse than 91.81% of 171
companies
in the Waste Management industry
Industry Median: 2.93
vs FRA:H2Y: 12.16
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.
Capital Environment Holdings Debt-to-EBITDA Related Terms
Capital Environment Holdings 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.
FRA:H2Y vs WM, RSG, WCN: Debt-to-EBITDA Comparison
For the Waste Management subindustry, Capital Environment 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.
Capital Environment Holdings Debt-to-EBITDA vs Waste Management Industry
For the Waste Management industry and Industrials sector, Capital Environment Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Capital Environment Holdings'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.
Capital Environment Holdings (FRA:H2Y) has a Debt-to-EBITDA of 11.85 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 Capital Environment Holdings. This is 56% above median its historical median of 7.60. Over the past decade, Capital Environment Holdings' Debt-to-EBITDA has ranged from 5.78 to 12.16. According to the industry distribution chart, Capital Environment Holdings ranks #157 out of 171 companies in the Waste Management industry, placing it in the top 91.8%.
Is Capital Environment Holdings' Debt-to-EBITDA too high?
Capital Environment Holdings' current Debt-to-EBITDA of 11.85 is 56% above median its 10-year median of 7.60. Over the past 10 years, this metric has ranged from a low of 5.78 to a high of 12.16. The Waste Management industry median Debt-to-EBITDA is 2.93. Capital Environment Holdings' value of 11.85 is 304.4% above this industry median. Based on the distribution chart, Capital Environment Holdings ranks #157 out of 171 companies in the Waste Management industry, which is in the bottom quartile relative to peers.
How does Capital Environment Holdings' Debt-to-EBITDA compare to WM and RSG?
According to the Waste Management industry distribution chart, Capital Environment Holdings ranks #157 out of 171 companies for Debt-to-EBITDA. This places Capital Environment Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.93. Capital Environment Holdings' value of 11.85 is 304.4% above this benchmark. Historically, Capital Environment Holdings' own Debt-to-EBITDA has ranged from 5.78 to 12.16 over the past decade. While the company's 10-year median is 7.60 vs. the industry median of 2.93, Capital Environment Holdings has consistently been above 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 Waste Management company?
The median Debt-to-EBITDA among Waste Management companies is 2.93, based on 171 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. Capital Environment Holdings's current Debt-to-EBITDA of 11.85 is 304.4% above 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 Capital Environment Holdings. For the Waste Management industry, the median Debt-to-EBITDA is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Environment Holdings's current Debt-to-EBITDA is 11.85, which is 56% above median its own 10-year median of 7.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Environment Holdings stock overvalued right now?
Based on GuruFocus' analysis, Capital Environment Holdings (FRA:H2Y) is currently considered Possible Value Trap. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 40% below its estimated fair value. The current Debt-to-EBITDA is 11.85, which is 56% above median its 10-year median of 7.60 and 304.4% above the Waste Management industry median of 2.93. 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 Capital Environment Holdings (FRA:H2Y), the current Debt-to-EBITDA is 11.85 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.
Capital Environment Holdings Ltd is an investment holding company engaged in the provision of waste treatment technologies and services, which specializes in technology development, design, system integration, project investment, consultancy, operation, and maintenance of waste treatment facilities, especially waste-to-energy projects. The Group has a single reportable segment which is the Waste treatment & waste-to-energy business.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:H2Y has been successfully added to your 
