United Internet AG (FRA:UTDI) Debt-to-EBITDA : 2.32 (As of Mar. 2026) — Near Median


FRA:UTDI United Internet AG FRA:UTDI
79 GF Score
Price €23.54
GF Value €21.59
Valuation Fairly Valued
! 6 Warning Signs
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What is United Internet AG Debt-to-EBITDA?

United Internet AG FRA:UTDI +2.26% 79 Debt-to-EBITDA is 2.32 as of Mar. 2026, which is 7% above its 10-year median of 2.17. GuruFocus rates FRA:UTDI with a GF Score™ of 79/100 and a GF Value™ of €21.59 (Fairly Valued). The stock has 6 warning signs investors should review. Among 303 Telecommunication Services companies, United Internet AG ranks worse than 57.76% on this metric.

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

United Internet AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €1,294 Mil. United Internet AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €2,088 Mil. United Internet AG's annualized EBITDA for the quarter that ended in Mar. 2026 was €1,458 Mil. United Internet AG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.32.

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 United Internet AG's Debt-to-EBITDA or its related term are showing as below:

FRA:UTDI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.65   Med: 2.17   Max: 3.66
Current: 2.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of United Internet AG was 3.66. The lowest was 1.65. And the median was 2.17.

FRA:UTDI's Debt-to-EBITDA is ranked worse than
57.76% of 303 companies
in the Telecommunication Services industry
Industry Median: 2.01 vs FRA:UTDI: 2.53

United Internet AG  (FRA:UTDI) 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.


United Internet AG Debt-to-EBITDA Related Terms


United Internet AG Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for United Internet 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.

United Internet AG Debt-to-EBITDA Chart

United Internet AG 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 1.83 2.28 2.66 3.66 3.38

United Internet AG 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 2.05 2.17 2.52 4.32 2.32

FRA:UTDI vs TMUS, VZ, T: Debt-to-EBITDA Comparison

For the Telecom Services subindustry, United Internet 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.


United Internet AG Debt-to-EBITDA vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, United Internet AG's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where United Internet AG's Debt-to-EBITDA falls into.


FRA:UTDI
79GF Score
United Internet AG FRA:UTDI
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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United Internet AG Debt-to-EBITDA Calculation

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

United Internet AG'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
=(1382.466 + 3125.989) / 1333.642
=3.38

United Internet AG'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
=(1294.371 + 2088.165) / 1457.856
=2.32

* 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 2.32 mean?
United Internet AG (FRA:UTDI) has a Debt-to-EBITDA of 2.32 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 United Internet AG. This is near median its historical median of 2.17. Over the past decade, United Internet AG's Debt-to-EBITDA has ranged from 1.65 to 3.66. According to the industry distribution chart, United Internet AG ranks #175 out of 303 companies in the Telecommunication Services industry, placing it in the top 57.8%.
Is United Internet AG's Debt-to-EBITDA too high?
United Internet AG's current Debt-to-EBITDA of 2.32 is near median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 3.66. The Telecommunication Services industry median Debt-to-EBITDA is 2.01. United Internet AG's value of 2.32 is 15.4% above this industry median. Based on the distribution chart, United Internet AG ranks #175 out of 303 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, United Internet AG has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United Internet AG's Debt-to-EBITDA compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, United Internet AG ranks #175 out of 303 companies for Debt-to-EBITDA. This places United Internet AG in the lower half of its industry. The industry median Debt-to-EBITDA is 2.01. United Internet AG's value of 2.32 is 15.4% above this benchmark. Historically, United Internet AG's own Debt-to-EBITDA has ranged from 1.65 to 3.66 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 2.01, United Internet AG 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 a Telecommunication Services company?
The median Debt-to-EBITDA among Telecommunication Services companies is 2.01, based on 303 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. United Internet AG's current Debt-to-EBITDA of 2.32 is 15.4% 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 United Internet AG. For the Telecommunication Services industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Internet AG's current Debt-to-EBITDA is 2.32, which is near median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Internet AG stock overvalued right now?
Based on GuruFocus' analysis, United Internet AG (FRA:UTDI) is currently considered Fairly Valued. The stock's GF Value™ is €21.59, compared to a current price of €23.54 — trading 9% above its estimated fair value. The current Debt-to-EBITDA is 2.32, which is near median its 10-year median of 2.17 and 15.4% above the Telecommunication Services industry median of 2.01. United Internet AG's overall GF Score™ is 79/100 with 6 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 United Internet AG (FRA:UTDI), the current Debt-to-EBITDA is 2.32 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 United Internet AG (FRA:UTDI) Overvalued in 2026?

Based on GuruFocus' analysis, United Internet AG stock appears to be overvalued. The current stock price of €23.54 is trading 9% above its estimated GF Value™ of €21.59. GuruFocus considers United Internet AG to be Fairly Valued.

Key valuation signals for FRA:UTDI:

  • Debt-to-EBITDA: 2.32 (near median its 10-year median of 2.17)
  • GF Value™: €21.59 vs. price of €23.54 (9% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 15.4% above the Telecommunication Services median (#175 of 303)

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


United Internet AG Business Description

Address Elgendorfer Strasse 57, Montabaur, RP, DEU, 56410
United Internet AG is a telecommunications provider that operates through two business divisions: Access and Applications, which in turn are divided into the segments Consumer Access and Business Access and Consumer Applications and Business Applications. The Consumer Access segment which generates the majority of the revenue for the company comprises mobile internet products as well as landline-based broadband products (including the respective applications, such as home networks, online storage, telephony, Smart Home, IPTV, and video-on-demand) and mobile internet products. The company also provides a wide range of telecommunication products and services to companies and local authorities.
79GF Score

Get the complete analysis for FRA:UTDI

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

€23.54
Price
€21.59
GF Value