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Nine Energy ServiceFRA:NEJ 37 Debt-to-EBITDA is 3.00 as of Jun. 2026, which is 45% below its 10-year median of 5.49. GuruFocus rates FRA:NEJ with a GF Score™ of 37/100 and a GF Value™ of €46.16. The stock has 5 warning signs investors should review. Among 709 Oil & Gas companies, Nine Energy Service ranks worse than 55.15% 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 Nine Energy Service's Debt-to-EBITDA or its related term are showing as below:
FRA:NEJ'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -13.1 Med: 5.49 Max: 41.61
Current: 2.37
During the past 11 years, the highest Debt-to-EBITDA Ratio of Nine Energy Service was 41.61. The lowest was -13.10. And the median was 5.49.
FRA:NEJ's Debt-to-EBITDA is ranked worse than 55.15% of 709
companies
in the Oil & Gas industry
Industry Median: 2.07
vs FRA:NEJ: 2.37
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.
Nine Energy Service Debt-to-EBITDA Related Terms
Nine Energy Service Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Nine Energy Service'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:NEJ vs STAK, OMSE, DWSN: Debt-to-EBITDA Comparison
For the Oil & Gas Equipment & Services subindustry, Nine Energy Service'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.
Nine Energy Service Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Nine Energy Service's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Nine Energy Service'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 four times the quarterly (Jun. 2026) EBITDA data.
Nine Energy Service (FRA:NEJ) has a Debt-to-EBITDA of 3.00 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Nine Energy Service. This is 45% below median its historical median of 5.49. According to the industry distribution chart, Nine Energy Service ranks #391 out of 709 companies in the Oil & Gas industry, placing it in the top 55.1%.
Is Nine Energy Service's Debt-to-EBITDA too high?
Nine Energy Service's current Debt-to-EBITDA of 3.00 is 45% below median its 10-year median of 5.49. The Oil & Gas industry median Debt-to-EBITDA is 2.07. Nine Energy Service's value of 3.00 is 44.9% above this industry median. Based on the distribution chart, Nine Energy Service ranks #391 out of 709 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Nine Energy Service has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Nine Energy Service's Debt-to-EBITDA compare to STAK and OMSE?
According to the Oil & Gas industry distribution chart, Nine Energy Service ranks #391 out of 709 companies for Debt-to-EBITDA. This places Nine Energy Service in the lower half of its industry. The industry median Debt-to-EBITDA is 2.07. Nine Energy Service's value of 3.00 is 44.9% above this benchmark. While the company's 10-year median is 5.49 vs. the industry median of 2.07, Nine Energy Service 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 Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.07, based on 709 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. Nine Energy Service's current Debt-to-EBITDA of 3.00 is 44.9% 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 Nine Energy Service. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nine Energy Service's current Debt-to-EBITDA is 3.00, which is 45% below median its own 10-year median of 5.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Energy Service stock overvalued right now?
Nine Energy Service (FRA:NEJ) has a current Debt-to-EBITDA of 3.00. The stock's GF Value™ is €46.16, compared to a current price of €0.45 — trading 99% below its estimated fair value. The current Debt-to-EBITDA is 3.00, which is 45% below median its 10-year median of 5.49 and 44.9% above the Oil & Gas industry median of 2.07. Nine Energy Service's overall GF Score™ is 37/100 with 5 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 Nine Energy Service (FRA:NEJ), the current Debt-to-EBITDA is 3.00 as of Jun. 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 Nine Energy Service (FRA:NEJ) Overvalued in 2026?
Based on GuruFocus' analysis, Nine Energy Service stock appears to be undervalued.
The current stock price of €0.45 is trading 99% below its estimated GF Value™ of €46.16.
Key valuation signals for FRA:NEJ:
Debt-to-EBITDA: 3.00 (45% below median its 10-year median of 5.49)
GF Value™: €46.16 vs. price of €0.45 (99% below fair value)
Industry Position: 44.9% above the Oil & Gas median (#391 of 709)
No single metric tells the full story. See the FRA:NEJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nine Energy Service Inc is a North American onshore completion and production services provider. It targets unconventional oil and gas resource development. The Company operates as one reportable segment, known as Completions Solutions. The Completions Solutions segment provides services and products integral to the completion of unconventional wells through a full range of tools and methodologies. These services and products are similar in purpose and end use by focusing on preparing and enabling a well to produce oil and gas and must be completed in order for a well to begin producing hydrocarbons. It operates in the U.S, Canada, and other countries where the majority of the revenue is generated from the United States.
37GF Score
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