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Pyramid AGFRA:M3B0 +0.76%37 Debt-to-EBITDA is -0.60 as of Dec. 2025. GuruFocus rates FRA:M3B0 with a GF Score™ of 37/100 and a GF Value™ of €4.25 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 387 Asset Management companies, Pyramid AG ranks worse than 258397.67% 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 Pyramid AG's Debt-to-EBITDA or its related term are showing as below:
FRA:M3B0'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.61 Med: 3.96 Max: 5.89
Current: -1.34
During the past 13 years, the highest Debt-to-EBITDA Ratio of Pyramid AG was 5.89. The lowest was -1.61. And the median was 3.96.
FRA:M3B0's Debt-to-EBITDA is ranked worse than 100% of 387
companies
in the Asset Management industry
Industry Median: 1.39
vs FRA:M3B0: -1.34
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.
Pyramid AG Debt-to-EBITDA Related Terms
Pyramid AG Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Pyramid AG'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:M3B0 vs BLK, BX, KKR: Debt-to-EBITDA Comparison
For the Asset Management subindustry, Pyramid AG'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.
Pyramid AG Debt-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pyramid AG's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Pyramid AG'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.
Pyramid AG (FRA:M3B0) has a Debt-to-EBITDA of -0.60 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 Pyramid AG. According to the industry distribution chart, Pyramid AG ranks #999999 out of 387 companies in the Asset Management industry.
Is Pyramid AG's Debt-to-EBITDA too high?
Pyramid AG's current Debt-to-EBITDA is -0.60. Based on the distribution chart, Pyramid AG ranks #999999 out of 387 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Pyramid AG has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pyramid AG's Debt-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Pyramid AG ranks #999999 out of 387 companies for Debt-to-EBITDA. This places Pyramid AG in the lower half of its industry. The industry median Debt-to-EBITDA is 1.39. 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 Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.39, based on 387 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 Pyramid AG. For the Asset Management industry, the median Debt-to-EBITDA is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pyramid AG's current Debt-to-EBITDA is -0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pyramid AG stock overvalued right now?
Based on GuruFocus' analysis, Pyramid AG (FRA:M3B0) is currently considered Possible Value Trap. The stock's GF Value™ is €4.25, compared to a current price of €1.33 — trading 68.7% below its estimated fair value. The current Debt-to-EBITDA is -0.60. Pyramid AG's overall GF Score™ is 37/100 with 3 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 Pyramid AG (FRA:M3B0), the current Debt-to-EBITDA is -0.60 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 Pyramid AG (FRA:M3B0) Overvalued in 2026?
Based on GuruFocus' analysis, Pyramid AG stock appears to be undervalued.
The current stock price of €1.33 is trading 68.7% below its estimated GF Value™ of €4.25.
GuruFocus considers Pyramid AG to be Possible Value Trap.
Key valuation signals for FRA:M3B0:
Debt-to-EBITDA: -0.60
GF Value™: €4.25 vs. price of €1.33 (68.7% below fair value)
No single metric tells the full story. See the FRA:M3B0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pyramid AG Formerly mic AG is an investment company. It invests in young technology companies in the field of fiber optics, clean tech, software, microsystems and IT among others. The portfolio comprises of Aifotec AG, 3-Edge Gmbh, and FiSec Gmbh and among others. Its portfolio comprises of u-GPS Optics GmbH, a developer of a technology for three-dimensional (3D) optical measurements, Flores Solar Water GmbH, which develops a low-cost water treatment plant that uses solar thermal energy.
37GF Score
Get the complete analysis for FRA:M3B0
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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