Glaston Oyj (FRA:KRY) Debt-to-EBITDA : 2.77 (As of Mar. 2026) — Near Median

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FRA:KRY Glaston Oyj FRA:KRY
66 GF Score
Price €1.04
GF Value €1.18
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Glaston Oyj Debt-to-EBITDA?

Glaston Oyj FRA:KRY +0.98% 66 Debt-to-EBITDA is 2.77 as of Mar. 2026, which is 3% above its 10-year median of 2.70. GuruFocus rates FRA:KRY with a GF Score™ of 66/100 and a GF Value™ of €1.18 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,328 Industrial Products companies, Glaston Oyj ranks worse than 65.21% on this metric.

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

Glaston Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €4.9 Mil. Glaston Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €31.6 Mil. Glaston Oyj's annualized EBITDA for the quarter that ended in Mar. 2026 was €13.2 Mil. Glaston Oyj's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.77.

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 Glaston Oyj's Debt-to-EBITDA or its related term are showing as below:

FRA:KRY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.85   Med: 2.7   Max: 9.04
Current: 2.97

During the past 13 years, the highest Debt-to-EBITDA Ratio of Glaston Oyj was 9.04. The lowest was 1.85. And the median was 2.70.

FRA:KRY's Debt-to-EBITDA is ranked worse than
65.21% of 2328 companies
in the Industrial Products industry
Industry Median: 1.71 vs FRA:KRY: 2.97

Glaston Oyj  (FRA:KRY) 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.


Glaston Oyj Debt-to-EBITDA Related Terms


Glaston Oyj Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Glaston Oyj'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.

Glaston Oyj Debt-to-EBITDA Chart

Glaston Oyj 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 4.13 2.62 1.90 2.22 2.78

Glaston Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.13 7.27 1.82 2.97 2.77

FRA:KRY vs GEV, ETN, PH: Debt-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, Glaston Oyj'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.


Glaston Oyj Debt-to-EBITDA vs Industrial Products Industry

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

* The bar in red indicates where Glaston Oyj's Debt-to-EBITDA falls into.


FRA:KRY
66GF Score
Glaston Oyj FRA:KRY
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Glaston Oyj Debt-to-EBITDA Calculation

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

Glaston Oyj'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
=(4.97 + 31.841) / 13.25
=2.78

Glaston Oyj's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.9 + 31.6) / 13.2
=2.77

* 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 four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.77 mean?
Glaston Oyj (FRA:KRY) has a Debt-to-EBITDA of 2.77 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 Glaston Oyj. This is near median its historical median of 2.70. Over the past decade, Glaston Oyj's Debt-to-EBITDA has ranged from 1.85 to 9.04. According to the industry distribution chart, Glaston Oyj ranks #1518 out of 2328 companies in the Industrial Products industry, placing it in the top 65.2%.
Is Glaston Oyj's Debt-to-EBITDA too high?
Glaston Oyj's current Debt-to-EBITDA of 2.77 is near median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 9.04. The Industrial Products industry median Debt-to-EBITDA is 1.71. Glaston Oyj's value of 2.77 is 62% above this industry median. Based on the distribution chart, Glaston Oyj ranks #1518 out of 2328 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Glaston Oyj has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Glaston Oyj's Debt-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Glaston Oyj ranks #1518 out of 2328 companies for Debt-to-EBITDA. This places Glaston Oyj in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. Glaston Oyj's value of 2.77 is 62% above this benchmark. Historically, Glaston Oyj's own Debt-to-EBITDA has ranged from 1.85 to 9.04 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 1.71, Glaston Oyj 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.71, based on 2,328 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. Glaston Oyj's current Debt-to-EBITDA of 2.77 is 62% 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 Glaston Oyj. For the Industrial Products industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glaston Oyj's current Debt-to-EBITDA is 2.77, which is near median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glaston Oyj stock overvalued right now?
Based on GuruFocus' analysis, Glaston Oyj (FRA:KRY) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.18, compared to a current price of €1.04 — trading 12.3% below its estimated fair value. The current Debt-to-EBITDA is 2.77, which is near median its 10-year median of 2.70 and 62% above the Industrial Products industry median of 1.71. Glaston Oyj's overall GF Score™ is 66/100 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 Glaston Oyj (FRA:KRY), the current Debt-to-EBITDA is 2.77 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 Glaston Oyj (FRA:KRY) Overvalued in 2026?

Based on GuruFocus' analysis, Glaston Oyj stock appears to be undervalued. The current stock price of €1.04 is trading 12.3% below its estimated GF Value™ of €1.18. GuruFocus considers Glaston Oyj to be Modestly Undervalued.

Key valuation signals for FRA:KRY:

  • Debt-to-EBITDA: 2.77 (near median its 10-year median of 2.70)
  • GF Value™: €1.18 vs. price of €1.04 (12.3% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 62% above the Industrial Products median (#1518 of 2328)

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


Glaston Oyj Business Description

Other Exchanges GLA1V:Finland
Address Lonnrotinkatu 11, Helsinki, FIN, 00120
Glaston Oyj is a company engaged in developing and selling glass processing machinery. Its business includes a range of heat treatment machines, maintenance, upgrade, and modernization services, and spare parts for glass flat tempering, bending, bending tempering, and laminating. It also offers digital services, such as glass processing machine remote monitoring and fault analysis services, and consulting and engineering services. The company provides solutions to various industries including Architectural, Appliances, Automotive and Solar.
66GF Score

Get the complete analysis for FRA:KRY

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

€1.04
Price
€1.18
GF Value