BOE Varitronix (FRA:VTX) Debt-to-EBITDA : 0.50 (As of Dec. 2025) — 72% Above Median

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FRA:VTX BOE Varitronix Ltd FRA:VTX
78 GF Score
Price €0.39
GF Value €0.76
! 5 Warning Signs
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What is BOE Varitronix Debt-to-EBITDA?

BOE Varitronix FRA:VTX 78 Debt-to-EBITDA is 0.50 as of Dec. 2025, which is 72% above its 10-year median of 0.29. GuruFocus rates FRA:VTX with a GF Score™ of 78/100 and a GF Value™ of €0.76. The stock has 5 warning signs investors should review. Among 1,788 Hardware companies, BOE Varitronix ranks better than 75.39% on this metric.

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

BOE Varitronix's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €9 Mil. BOE Varitronix's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €28 Mil. BOE Varitronix's annualized EBITDA for the quarter that ended in Dec. 2025 was €75 Mil. BOE Varitronix's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 0.49.

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 BOE Varitronix's Debt-to-EBITDA or its related term are showing as below:

FRA:VTX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.04   Med: 0.29   Max: 0.83
Current: 0.5

During the past 13 years, the highest Debt-to-EBITDA Ratio of BOE Varitronix was 0.83. The lowest was 0.04. And the median was 0.29.

FRA:VTX's Debt-to-EBITDA is ranked better than
75.39% of 1788 companies
in the Hardware industry
Industry Median: 1.705 vs FRA:VTX: 0.50

BOE Varitronix  (FRA:VTX) 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.


BOE Varitronix Debt-to-EBITDA Related Terms


BOE Varitronix Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for BOE Varitronix'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.

BOE Varitronix Debt-to-EBITDA Chart

BOE Varitronix 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 0.81 0.83 0.60 0.50

BOE Varitronix Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.72 1.01 0.55 0.69 0.50

FRA:VTX vs APH, GLW, TEL: Debt-to-EBITDA Comparison

For the Electronic Components subindustry, BOE Varitronix'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.


BOE Varitronix Debt-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, BOE Varitronix's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where BOE Varitronix's Debt-to-EBITDA falls into.


FRA:VTX
78GF Score
BOE Varitronix Ltd FRA:VTX
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BOE Varitronix Debt-to-EBITDA Calculation

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

BOE Varitronix'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
=(8.546 + 28.454) / 74.519
=0.50

BOE Varitronix's annualized Debt-to-EBITDA for the quarter 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
=(8.546 + 28.454) / 74.748
=0.49

* 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 two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.50 mean?
BOE Varitronix (FRA:VTX) has a Debt-to-EBITDA of 0.50 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on BOE Varitronix. This is 72% above median its historical median of 0.29. Over the past decade, BOE Varitronix's Debt-to-EBITDA has ranged from 0.04 to 0.83. According to the industry distribution chart, BOE Varitronix ranks #440 out of 1788 companies in the Hardware industry, placing it in the top 24.6%.
Is BOE Varitronix's Debt-to-EBITDA too high?
BOE Varitronix's current Debt-to-EBITDA of 0.50 is 72% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.83. The Hardware industry median Debt-to-EBITDA is 1.71. BOE Varitronix's value of 0.50 is 70.7% below this industry median. Based on the distribution chart, BOE Varitronix ranks #440 out of 1788 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, BOE Varitronix has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does BOE Varitronix's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, BOE Varitronix ranks #440 out of 1788 companies for Debt-to-EBITDA. This places BOE Varitronix in the top 25% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.71. BOE Varitronix's value of 0.50 is 70.7% below this benchmark. Historically, BOE Varitronix's own Debt-to-EBITDA has ranged from 0.04 to 0.83 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 1.71, BOE Varitronix 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.71, based on 1,788 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. BOE Varitronix's current Debt-to-EBITDA of 0.50 is 70.7% 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 BOE Varitronix. For the Hardware industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BOE Varitronix's current Debt-to-EBITDA is 0.50, which is 72% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOE Varitronix stock overvalued right now?
BOE Varitronix (FRA:VTX) has a current Debt-to-EBITDA of 0.50. The stock's GF Value™ is €0.76, compared to a current price of €0.39 — trading 48.2% below its estimated fair value. The current Debt-to-EBITDA is 0.50, which is 72% above median its 10-year median of 0.29 and 70.7% below the Hardware industry median of 1.71. BOE Varitronix's overall GF Score™ is 78/100 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 BOE Varitronix (FRA:VTX), the current Debt-to-EBITDA is 0.50 as of Dec. 2025. 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 BOE Varitronix (FRA:VTX) Overvalued in 2026?

Based on GuruFocus' analysis, BOE Varitronix stock appears to be undervalued. The current stock price of €0.39 is trading 48.2% below its estimated GF Value™ of €0.76.

Key valuation signals for FRA:VTX:

  • Debt-to-EBITDA: 0.50 (72% above median its 10-year median of 0.29)
  • GF Value™: €0.76 vs. price of €0.39 (48.2% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 70.7% below the Hardware median (#440 of 1788)

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


BOE Varitronix Business Description

Other Exchanges VARXF:USA00710:Hong Kong
Address No. 7 Shing Yip Street, Units A-F, 35th Floor, Legend Tower, Kwun Tong, Kowloon, Hong Kong, HKG
BOE Varitronix Ltd is an investment holding company. It is principally engaged in automobile and industrial display products and has a monochrome display manufacturing capacity. It manufactures various products in the category of automobile, industrial, white goods, medical, and other. The company operates in one business segment which is the design, manufacture and sale of liquid crystal displays and related products. The company's geographical segments include the PRC, Europe, Japan, America, Korea, and other regions, out of which the PRC accounts for the majority of the revenue.
78GF Score

Get the complete analysis for FRA:VTX

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

€0.39
Price
€0.76
GF Value