Warsaw Stock Exchange (FRA:WSX) Debt-to-EBITDA : 0.06 (As of Mar. 2026) — 94% Below Median

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FRA:WSX Warsaw Stock Exchange FRA:WSX
78 GF Score
Price €24.32
GF Value €12.82
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Warsaw Stock Exchange Debt-to-EBITDA?

Warsaw Stock Exchange FRA:WSX -0.16% 78 Debt-to-EBITDA is 0.06 as of Mar. 2026, which is 94% below its 10-year median of 0.99. GuruFocus rates FRA:WSX with a GF Score™ of 78/100 and a GF Value™ of €12.82 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 423 Capital Markets companies, Warsaw Stock Exchange ranks better than 90.78% on this metric.

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

Warsaw Stock Exchange's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €1.7 Mil. Warsaw Stock Exchange's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €3.1 Mil. Warsaw Stock Exchange's annualized EBITDA for the quarter that ended in Mar. 2026 was €85.5 Mil. Warsaw Stock Exchange's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.06.

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 Warsaw Stock Exchange's Debt-to-EBITDA or its related term are showing as below:

FRA:WSX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.99   Max: 1.26
Current: 0.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of Warsaw Stock Exchange was 1.26. The lowest was 0.03. And the median was 0.99.

FRA:WSX's Debt-to-EBITDA is ranked better than
90.78% of 423 companies
in the Capital Markets industry
Industry Median: 1.56 vs FRA:WSX: 0.07

Warsaw Stock Exchange  (FRA:WSX) 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.


Warsaw Stock Exchange Debt-to-EBITDA Related Terms


Warsaw Stock Exchange Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Warsaw Stock Exchange'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.

Warsaw Stock Exchange Debt-to-EBITDA Chart

Warsaw Stock Exchange 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 1.08 0.03 0.12 0.13 0.08

Warsaw Stock Exchange 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 0.10 0.08 0.08 0.09 0.06

FRA:WSX vs SPGI, CME, MCO: Debt-to-EBITDA Comparison

For the Financial Data & Stock Exchanges subindustry, Warsaw Stock Exchange'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.


Warsaw Stock Exchange Debt-to-EBITDA vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Warsaw Stock Exchange's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Warsaw Stock Exchange's Debt-to-EBITDA falls into.


FRA:WSX
78GF Score
Warsaw Stock Exchange FRA:WSX
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Warsaw Stock Exchange Debt-to-EBITDA Calculation

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

Warsaw Stock Exchange'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
=(1.751 + 3.398) / 64.891
=0.08

Warsaw Stock Exchange'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
=(1.673 + 3.088) / 85.532
=0.06

* 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 0.06 mean?
Warsaw Stock Exchange (FRA:WSX) has a Debt-to-EBITDA of 0.06 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 Warsaw Stock Exchange. This is 94% below median its historical median of 0.99. Over the past decade, Warsaw Stock Exchange's Debt-to-EBITDA has ranged from 0.03 to 1.26. According to the industry distribution chart, Warsaw Stock Exchange ranks #39 out of 423 companies in the Capital Markets industry, placing it in the top 9.2%.
Is Warsaw Stock Exchange's Debt-to-EBITDA too high?
Warsaw Stock Exchange's current Debt-to-EBITDA of 0.06 is 94% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 1.26. The Capital Markets industry median Debt-to-EBITDA is 1.56. Warsaw Stock Exchange's value of 0.06 is 96.2% below this industry median. Based on the distribution chart, Warsaw Stock Exchange ranks #39 out of 423 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Warsaw Stock Exchange has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Warsaw Stock Exchange's Debt-to-EBITDA compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Warsaw Stock Exchange ranks #39 out of 423 companies for Debt-to-EBITDA. This places Warsaw Stock Exchange in the top 9% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.56. Warsaw Stock Exchange's value of 0.06 is 96.2% below this benchmark. Historically, Warsaw Stock Exchange's own Debt-to-EBITDA has ranged from 0.03 to 1.26 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.56, Warsaw Stock Exchange 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 Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.56, based on 423 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. Warsaw Stock Exchange's current Debt-to-EBITDA of 0.06 is 96.2% 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 Warsaw Stock Exchange. For the Capital Markets industry, the median Debt-to-EBITDA is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warsaw Stock Exchange's current Debt-to-EBITDA is 0.06, which is 94% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warsaw Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Warsaw Stock Exchange (FRA:WSX) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.82, compared to a current price of €24.32 — trading 89.7% above its estimated fair value. The current Debt-to-EBITDA is 0.06, which is 94% below median its 10-year median of 0.99 and 96.2% below the Capital Markets industry median of 1.56. Warsaw Stock Exchange's overall GF Score™ is 78/100 with 8 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 Warsaw Stock Exchange (FRA:WSX), the current Debt-to-EBITDA is 0.06 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 Warsaw Stock Exchange (FRA:WSX) Overvalued in 2026?

Based on GuruFocus' analysis, Warsaw Stock Exchange stock appears to be overvalued. The current stock price of €24.32 is trading 89.7% above its estimated GF Value™ of €12.82. GuruFocus considers Warsaw Stock Exchange to be Significantly Overvalued.

Key valuation signals for FRA:WSX:

  • Debt-to-EBITDA: 0.06 (94% below median its 10-year median of 0.99)
  • GF Value™: €12.82 vs. price of €24.32 (89.7% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 96.2% below the Capital Markets median (#39 of 423)

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


Warsaw Stock Exchange Business Description

Other Exchanges GPW:PolandWSX:Germany
Address ul. Ksiazeca 4, Warsaw, POL, 00-498
Warsaw Stock Exchange is a securities exchange based in Poland whose core activities include organizing exchange trading in financial instruments and activities related to such trading. The group also pursues activities in education, promotion, and information concerning the capital market. The company has traditionally generated listed interest from both local and regional European companies but primarily from small and medium-sized Polish companies. In addition to stock and bond offerings, the exchange also offers trading in debt instruments, derivatives, commodities, and structured products. Sales revenue is classified according to three main business segments: financial market, commodity market, and other.
78GF Score

Get the complete analysis for FRA:WSX

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

€24.32
Price
€12.82
GF Value