Smart Eye AB (FRA:SE9) Debt-to-EBITDA : -6.13 (As of Mar. 2026)

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FRA:SE9 Smart Eye AB FRA:SE9
80 GF Score
Price €8.90
GF Value €9.15
Valuation Fairly Valued
! 1 Warning Sign
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What is Smart Eye AB Debt-to-EBITDA?

Smart Eye AB FRA:SE9 +0.06% 80 Debt-to-EBITDA is -6.13 as of Mar. 2026. GuruFocus rates FRA:SE9 with a GF Score™ of 80/100 and a GF Value™ of €9.15 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,726 Software companies, Smart Eye AB ranks worse than 98.84% on this metric.

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

Smart Eye AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €1.71 Mil. Smart Eye AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €33.97 Mil. Smart Eye AB's annualized EBITDA for the quarter that ended in Mar. 2026 was €-5.82 Mil. Smart Eye AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -6.13.

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 Smart Eye AB's Debt-to-EBITDA or its related term are showing as below:

FRA:SE9' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.03   Med: -0.09   Max: 60.61
Current: 52.82

During the past 12 years, the highest Debt-to-EBITDA Ratio of Smart Eye AB was 60.61. The lowest was -2.03. And the median was -0.09.

FRA:SE9's Debt-to-EBITDA is ranked worse than
98.84% of 1726 companies
in the Software industry
Industry Median: 1.035 vs FRA:SE9: 52.82

Smart Eye AB  (FRA:SE9) 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.


Smart Eye AB Debt-to-EBITDA Related Terms


Smart Eye AB Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Smart Eye 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.

Smart Eye AB Debt-to-EBITDA Chart

Smart Eye AB 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 -0.04 -0.32 -0.04 -0.60 60.63

Smart Eye AB 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 -0.47 36.48 4.28 7.45 -6.13

FRA:SE9 vs QH, SHOP, UBER: Debt-to-EBITDA Comparison

For the Software - Application subindustry, Smart Eye 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.


Smart Eye AB Debt-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Smart Eye AB's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Smart Eye AB's Debt-to-EBITDA falls into.


FRA:SE9
80GF Score
Smart Eye AB FRA:SE9
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart Eye AB Debt-to-EBITDA Calculation

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

Smart Eye AB'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
=(0.945 + 27.369) / 0.467
=60.63

Smart Eye AB'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
=(1.709 + 33.969) / -5.82
=-6.13

* 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 -6.13 mean?
Smart Eye AB (FRA:SE9) has a Debt-to-EBITDA of -6.13 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 Smart Eye AB. According to the industry distribution chart, Smart Eye AB ranks #1706 out of 1726 companies in the Software industry, placing it in the top 98.8%.
Is Smart Eye AB's Debt-to-EBITDA too high?
Smart Eye AB's current Debt-to-EBITDA is -6.13. Based on the distribution chart, Smart Eye AB ranks #1706 out of 1726 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Smart Eye AB has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Smart Eye AB's Debt-to-EBITDA compare to QH and SHOP?
According to the Software industry distribution chart, Smart Eye AB ranks #1706 out of 1726 companies for Debt-to-EBITDA. This places Smart Eye AB in the lower half of its industry. The industry median Debt-to-EBITDA is 1.04. 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.04, based on 1,726 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 Smart Eye AB. For the Software industry, the median Debt-to-EBITDA is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Eye AB's current Debt-to-EBITDA is -6.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Eye AB stock overvalued right now?
Based on GuruFocus' analysis, Smart Eye AB (FRA:SE9) is currently considered Fairly Valued. The stock's GF Value™ is €9.15, compared to a current price of €8.90 — trading 2.7% below its estimated fair value. The current Debt-to-EBITDA is -6.13. Smart Eye AB's overall GF Score™ is 80/100 with 1 warning sign 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 Smart Eye AB (FRA:SE9), the current Debt-to-EBITDA is -6.13 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 Smart Eye AB (FRA:SE9) Overvalued in 2026?

Based on GuruFocus' analysis, Smart Eye AB stock appears to be undervalued. The current stock price of €8.90 is trading 2.7% below its estimated GF Value™ of €9.15. GuruFocus considers Smart Eye AB to be Fairly Valued.

Key valuation signals for FRA:SE9:

  • Debt-to-EBITDA: -6.13
  • GF Value™: €9.15 vs. price of €8.90 (2.7% below fair value)
  • GF Score™: 80/100 with 1 warning sign

No single metric tells the full story. See the FRA:SE9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Smart Eye AB Business Description

Address Masthamnsgatan 3, Level 3, Gothenburg, SWE, SE-413 29
Smart Eye AB is a provider of Human Insight AI, offering technology that understands, supports, and predicts human behavior in complex environments. The Company delivers multimodal software and hardware solutions that provide deep insights into human behavior. In the automotive sector, its driver monitoring systems and interior sensing solutions enhance road safety and improve the mobility experience. Its eye tracking technology and iMotions biosensor software platform are also used in behavioral research across academic and commercial sectors.
80GF Score

Get the complete analysis for FRA:SE9

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

€8.90
Price
€9.15
GF Value