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Wizz Air HoldingsFRA:WI2 -1.49%77 Debt-to-EBITDA is 9.88 as of Mar. 2026, which is 181% above its 10-year median of 3.51. GuruFocus rates FRA:WI2 with a GF Score™ of 77/100 and a GF Value™ of €20.84 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 870 Transportation companies, Wizz Air Holdings ranks worse than 71.72% 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 Wizz Air Holdings's Debt-to-EBITDA or its related term are showing as below:
FRA:WI2'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -37.51 Med: 3.51 Max: 30.88
Current: 4.73
During the past 13 years, the highest Debt-to-EBITDA Ratio of Wizz Air Holdings was 30.88. The lowest was -37.51. And the median was 3.51.
FRA:WI2's Debt-to-EBITDA is ranked worse than 71.72% of 870
companies
in the Transportation industry
Industry Median: 2.645
vs FRA:WI2: 4.73
Wizz Air Holdings (FRA:WI2) 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.
Wizz Air Holdings Debt-to-EBITDA Related Terms
Wizz Air Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Wizz Air Holdings'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:WI2 vs DAL, UAL, LUV: Debt-to-EBITDA Comparison
For the Airlines subindustry, Wizz Air Holdings'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.
Wizz Air Holdings Debt-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Wizz Air Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Wizz Air Holdings'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 two times the quarterly (Mar. 2026) EBITDA data.
Wizz Air Holdings (FRA:WI2) has a Debt-to-EBITDA of 9.88 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 Wizz Air Holdings. This is 181% above median its historical median of 3.51. According to the industry distribution chart, Wizz Air Holdings ranks #624 out of 870 companies in the Transportation industry, placing it in the top 71.7%.
Is Wizz Air Holdings' Debt-to-EBITDA too high?
Wizz Air Holdings' current Debt-to-EBITDA of 9.88 is 181% above median its 10-year median of 3.51. The Transportation industry median Debt-to-EBITDA is 2.65. Wizz Air Holdings' value of 9.88 is 273.5% above this industry median. Based on the distribution chart, Wizz Air Holdings ranks #624 out of 870 companies in the Transportation industry, which is below the industry midpoint. Overall, Wizz Air Holdings has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wizz Air Holdings' Debt-to-EBITDA compare to DAL and UAL?
According to the Transportation industry distribution chart, Wizz Air Holdings ranks #624 out of 870 companies for Debt-to-EBITDA. This places Wizz Air Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.65. Wizz Air Holdings' value of 9.88 is 273.5% above this benchmark. While the company's 10-year median is 3.51 vs. the industry median of 2.65, Wizz Air Holdings 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 Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.65, based on 870 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. Wizz Air Holdings's current Debt-to-EBITDA of 9.88 is 273.5% 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 Wizz Air Holdings. For the Transportation industry, the median Debt-to-EBITDA is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wizz Air Holdings's current Debt-to-EBITDA is 9.88, which is 181% above median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wizz Air Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wizz Air Holdings (FRA:WI2) is currently considered Possible Value Trap. The stock's GF Value™ is €20.84, compared to a current price of €13.18 — trading 36.8% below its estimated fair value. The current Debt-to-EBITDA is 9.88, which is 181% above median its 10-year median of 3.51 and 273.5% above the Transportation industry median of 2.65. Wizz Air Holdings' overall GF Score™ is 77/100 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 Wizz Air Holdings (FRA:WI2), the current Debt-to-EBITDA is 9.88 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 Wizz Air Holdings (FRA:WI2) Overvalued in 2026?
Based on GuruFocus' analysis, Wizz Air Holdings stock appears to be undervalued.
The current stock price of €13.18 is trading 36.8% below its estimated GF Value™ of €20.84.
GuruFocus considers Wizz Air Holdings to be Possible Value Trap.
Key valuation signals for FRA:WI2:
Debt-to-EBITDA: 9.88 (181% above median its 10-year median of 3.51)
GF Value™: €20.84 vs. price of €13.18 (36.8% below fair value)
Industry Position: 273.5% above the Transportation median (#624 of 870)
No single metric tells the full story. See the FRA:WI2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wizz Air is a leading ultra-low-cost airline group operating primarily across Europe, the Middle East, North Africa, and parts of Central and Western Asia. Founded in 2003, the company provides scheduled short- and medium-haul point-to-point services under the Wizz Air brand. As of March 2025, Wizz operated a fleet of 257 aircraft, serving around 185 destinations in over 46 countries. The fleet is primarily composed of Airbus A320neo aircraft, with an ongoing transition toward higher-capacity A321neo planes to support long-term unit cost efficiency.
77GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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