Usinas Siderurgicas de Minas Gerais (FRA:U1S1) Debt-to-EBITDA : (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:U1S1 Usinas Siderurgicas de Minas Gerais SA FRA:U1S1
62 GF Score
Price €1.18
GF Value €1.11
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Usinas Siderurgicas de Minas Gerais Debt-to-EBITDA?

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

Usinas Siderurgicas de Minas Gerais's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €25 Mil. Usinas Siderurgicas de Minas Gerais's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €1,021 Mil. Usinas Siderurgicas de Minas Gerais's annualized EBITDA for the quarter that ended in Mar. 2026 was €611 Mil. Usinas Siderurgicas de Minas Gerais's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.71.

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 Usinas Siderurgicas de Minas Gerais's Debt-to-EBITDA or its related term are showing as below:

FRA:U1S1' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.52   Med: 2.84   Max: 11.6
Current: 11.6

During the past 13 years, the highest Debt-to-EBITDA Ratio of Usinas Siderurgicas de Minas Gerais was 11.60. The lowest was 0.52. And the median was 2.84.

FRA:U1S1's Debt-to-EBITDA is ranked worse than
86.57% of 499 companies
in the Steel industry
Industry Median: 2.82 vs FRA:U1S1: 11.60

Usinas Siderurgicas de Minas Gerais  (FRA:U1S1) 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.

Usinas Siderurgicas de Minas Gerais Debt-to-EBITDA Related Terms

Usinas Siderurgicas de Minas Gerais Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Usinas Siderurgicas de Minas Gerais'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.

Usinas Siderurgicas de Minas Gerais Debt-to-EBITDA Chart

Usinas Siderurgicas de Minas Gerais 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 - - - - -

Usinas Siderurgicas de Minas Gerais 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 - - - - -

FRA:U1S1 vs NUE, STLD, RS: Debt-to-EBITDA Comparison

For the Steel subindustry, Usinas Siderurgicas de Minas Gerais'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.

Usinas Siderurgicas de Minas Gerais Debt-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, Usinas Siderurgicas de Minas Gerais's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Usinas Siderurgicas de Minas Gerais's Debt-to-EBITDA falls into.


FRA:U1S1
62GF Score
Usinas Siderurgicas de Minas Gerais SA FRA:U1S1
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Usinas Siderurgicas de Minas Gerais Debt-to-EBITDA Calculation

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

Usinas Siderurgicas de Minas Gerais'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
=(32.177889732925 + 976.9746006214) / 61.497303064041
=16.41

Usinas Siderurgicas de Minas Gerais'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
=(25.077239661574 + 1021.1700031871) / 610.55553920748
=1.71

* 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.

Is Usinas Siderurgicas de Minas Gerais (FRA:U1S1) Overvalued in 2026?

Based on GuruFocus' analysis, Usinas Siderurgicas de Minas Gerais stock appears to be overvalued. The current stock price of €1.18 is trading 6.3% above its estimated GF Value™ of €1.11. GuruFocus considers Usinas Siderurgicas de Minas Gerais to be Fairly Valued.

Key valuation signals for FRA:U1S1:

  • Debt-to-EBITDA:
  • GF Value™: €1.11 vs. price of €1.18 (6.3% above fair value)
  • GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the FRA:U1S1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Usinas Siderurgicas de Minas Gerais Business Description

Address Av. do Contorno, 6594, 11th Floor Funcionarios, Belo Horizonte, MG, BRA, 30110-044
Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company engaged in producing and distributing flat steel products. The company's product portfolio comprises ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the export destination markets for the company.
62GF Score

Get the complete analysis for FRA:U1S1

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

€1.18
Price
€1.11
GF Value