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voestalpine AGFRA:VASS -2.82%60 Debt-to-EBITDA is 1.32 as of Mar. 2026, which is 32% below its 10-year median of 1.95. GuruFocus rates FRA:VASS with a GF Score™ of 60/100 and a GF Value™ of €4.46 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 493 Steel companies, voestalpine AG ranks better than 61.05% 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 voestalpine AG's Debt-to-EBITDA or its related term are showing as below:
FRA:VASS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.15 Med: 1.95 Max: 3.74
Current: 2.08
During the past 13 years, the highest Debt-to-EBITDA Ratio of voestalpine AG was 3.74. The lowest was 1.15. And the median was 1.95.
FRA:VASS's Debt-to-EBITDA is ranked better than 61.05% of 493
companies
in the Steel industry
Industry Median: 2.85
vs FRA:VASS: 2.08
voestalpine AG (FRA:VASS) Debt-to-EBITDA Explanation
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.
voestalpine AG Debt-to-EBITDA Related Terms
voestalpine AG Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for voestalpine 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.
FRA:VASS vs NUE, STLD, RS: Debt-to-EBITDA Comparison
For the Steel subindustry, voestalpine 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.
voestalpine AG Debt-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, voestalpine AG's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where voestalpine AG'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 (Mar. 2026) EBITDA data.
voestalpine AG (FRA:VASS) has a Debt-to-EBITDA of 1.32 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 voestalpine AG. This is 32% below median its historical median of 1.95. Over the past decade, voestalpine AG's Debt-to-EBITDA has ranged from 1.15 to 3.74. According to the industry distribution chart, voestalpine AG ranks #192 out of 493 companies in the Steel industry, placing it in the top 38.9%.
Is voestalpine AG's Debt-to-EBITDA too high?
voestalpine AG's current Debt-to-EBITDA of 1.32 is 32% below median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 3.74. The Steel industry median Debt-to-EBITDA is 2.85. voestalpine AG's value of 1.32 is 53.7% below this industry median. Based on the distribution chart, voestalpine AG ranks #192 out of 493 companies in the Steel industry, which is above the industry midpoint. Overall, voestalpine AG has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does voestalpine AG's Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, voestalpine AG ranks #192 out of 493 companies for Debt-to-EBITDA. This puts voestalpine AG in the upper half of its industry. The industry median Debt-to-EBITDA is 2.85. voestalpine AG's value of 1.32 is 53.7% below this benchmark. Historically, voestalpine AG's own Debt-to-EBITDA has ranged from 1.15 to 3.74 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 2.85, voestalpine AG 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.85, based on 493 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. voestalpine AG's current Debt-to-EBITDA of 1.32 is 53.7% 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 voestalpine AG. For the Steel industry, the median Debt-to-EBITDA is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. voestalpine AG's current Debt-to-EBITDA is 1.32, which is 32% below median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is voestalpine AG stock overvalued right now?
Based on GuruFocus' analysis, voestalpine AG (FRA:VASS) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.46, compared to a current price of €8.60 — trading 92.8% above its estimated fair value. The current Debt-to-EBITDA is 1.32, which is 32% below median its 10-year median of 1.95 and 53.7% below the Steel industry median of 2.85. voestalpine AG's overall GF Score™ is 60/100 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 voestalpine AG (FRA:VASS), the current Debt-to-EBITDA is 1.32 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 voestalpine AG (FRA:VASS) Overvalued in 2026?
Based on GuruFocus' analysis, voestalpine AG stock appears to be overvalued.
The current stock price of €8.60 is trading 92.8% above its estimated GF Value™ of €4.46.
GuruFocus considers voestalpine AG to be Significantly Overvalued.
Key valuation signals for FRA:VASS:
Debt-to-EBITDA: 1.32 (32% below median its 10-year median of 1.95)
GF Value™: €4.46 vs. price of €8.60 (92.8% above fair value)
Industry Position: 53.7% below the Steel median (#192 of 493)
No single metric tells the full story. See the FRA:VASS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
voestalpine AG is engaged in the manufacturing, processing, and development of steel products. Its divisions are: Steel Division, which generates maximum revenue and is involved in the production of steel products and the casting of large turbines. High-Performance Metals Division provides metals for the automotive, consumer goods, power generation, energy, and aviation sectors. The Metal Engineering Division produces rails, turnout systems, track-based monitoring systems, specially treated wire, and others. Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors, and Holding & Group Services. It generates its maximum revenue from the European Union.
60GF Score
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