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Karnell Group ABFRA:O4X -1.06%16 Debt-to-EBITDA is 1.92 as of Jun. 2026, which is 24% below its 10-year median of 2.53. GuruFocus rates FRA:O4X with a GF Score™ of 16/100. The stock has 5 warning signs investors should review. Among 444 Conglomerates companies, Karnell Group AB ranks better than 56.08% 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 Karnell Group AB's Debt-to-EBITDA or its related term are showing as below:
FRA:O4X'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.58 Med: 2.53 Max: 4.25
Current: 2.44
During the past 5 years, the highest Debt-to-EBITDA Ratio of Karnell Group AB was 4.25. The lowest was 1.58. And the median was 2.53.
FRA:O4X's Debt-to-EBITDA is ranked better than 56.08% of 444
companies
in the Conglomerates industry
Industry Median: 2.795
vs FRA:O4X: 2.44
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.
Karnell Group AB Debt-to-EBITDA Related Terms
Karnell Group AB Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Karnell Group AB'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.
For the Conglomerates subindustry, Karnell Group AB'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.
Karnell Group AB Debt-to-EBITDA vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Karnell Group AB's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Karnell Group AB'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.
Karnell Group AB (FRA:O4X) has a Debt-to-EBITDA of 1.92 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 Karnell Group AB. This is 24% below median its historical median of 2.53. Over the past decade, Karnell Group AB's Debt-to-EBITDA has ranged from 1.58 to 4.25. According to the industry distribution chart, Karnell Group AB ranks #195 out of 444 companies in the Conglomerates industry, placing it in the top 43.9%.
Is Karnell Group AB's Debt-to-EBITDA too high?
Karnell Group AB's current Debt-to-EBITDA of 1.92 is 24% below median its 10-year median of 2.53. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 4.25. The Conglomerates industry median Debt-to-EBITDA is 2.80. Karnell Group AB's value of 1.92 is 31.3% below this industry median. Based on the distribution chart, Karnell Group AB ranks #195 out of 444 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Karnell Group AB has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Karnell Group AB's Debt-to-EBITDA compare to MMM and HON?
According to the Conglomerates industry distribution chart, Karnell Group AB ranks #195 out of 444 companies for Debt-to-EBITDA. This puts Karnell Group AB in the upper half of its industry. The industry median Debt-to-EBITDA is 2.80. Karnell Group AB's value of 1.92 is 31.3% below this benchmark. Historically, Karnell Group AB's own Debt-to-EBITDA has ranged from 1.58 to 4.25 over the past decade. While the company's 10-year median is 2.53 vs. the industry median of 2.80, Karnell Group AB 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 a Conglomerates company?
The median Debt-to-EBITDA among Conglomerates companies is 2.80, based on 444 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. Karnell Group AB's current Debt-to-EBITDA of 1.92 is 31.3% 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 Karnell Group AB. For the Conglomerates industry, the median Debt-to-EBITDA is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karnell Group AB's current Debt-to-EBITDA is 1.92, which is 24% below median its own 10-year median of 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnell Group AB stock overvalued right now?
Karnell Group AB (FRA:O4X) has a current Debt-to-EBITDA of 1.92. The current Debt-to-EBITDA is 1.92, which is 24% below median its 10-year median of 2.53 and 31.3% below the Conglomerates industry median of 2.80. Karnell Group AB's overall GF Score™ is 16/100 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 Karnell Group AB (FRA:O4X), the current Debt-to-EBITDA is 1.92 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.
Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use systematic and proactive acquisition strategies to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that include Product companies and Niche manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.
16GF Score
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