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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 National CineMedia's Debt-to-EBITDA or its related term are showing as below:
FRA:XWM0'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -60.97 Med: 3.52 Max: 24.91
Current: 0.71
During the past 13 years, the highest Debt-to-EBITDA Ratio of National CineMedia was 24.91. The lowest was -60.97. And the median was 3.52.
FRA:XWM0's Debt-to-EBITDA is ranked better than 70.06% of 678
companies
in the Media - Diversified industry
Industry Median: 1.625
vs FRA:XWM0: 0.71
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.
National CineMedia Debt-to-EBITDA Related Terms
National CineMedia Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for National CineMedia'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:XWM0 vs ADV, NEXN, TSQ: Debt-to-EBITDA Comparison
For the Advertising Agencies subindustry, National CineMedia'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.
National CineMedia Debt-to-EBITDA vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, National CineMedia's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where National CineMedia'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.
National CineMedia (FRA:XWM0) has a Debt-to-EBITDA of -0.28 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 National CineMedia. According to the industry distribution chart, National CineMedia ranks #203 out of 678 companies in the Media - Diversified industry, placing it in the top 29.9%.
Is National CineMedia's Debt-to-EBITDA too high?
National CineMedia's current Debt-to-EBITDA is -0.28. Based on the distribution chart, National CineMedia ranks #203 out of 678 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, National CineMedia has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National CineMedia's Debt-to-EBITDA compare to ADV and NEXN?
According to the Media - Diversified industry distribution chart, National CineMedia ranks #203 out of 678 companies for Debt-to-EBITDA. This puts National CineMedia in the upper half of its industry. The industry median Debt-to-EBITDA is 1.63. 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 Media - Diversified company?
The median Debt-to-EBITDA among Media - Diversified companies is 1.63, based on 678 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. 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 National CineMedia. For the Media - Diversified industry, the median Debt-to-EBITDA is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National CineMedia's current Debt-to-EBITDA is -0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National CineMedia stock overvalued right now?
Based on GuruFocus' analysis, National CineMedia (FRA:XWM0) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.88, compared to a current price of €3.60 — trading 7.2% below its estimated fair value. The current Debt-to-EBITDA is -0.28. National CineMedia's overall GF Score™ is 71/100 with 2 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 National CineMedia (FRA:XWM0), the current Debt-to-EBITDA is -0.28 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 National CineMedia (FRA:XWM0) Overvalued in 2026?
Based on GuruFocus' analysis, National CineMedia stock appears to be undervalued.
The current stock price of €3.60 is trading 7.2% below its estimated GF Value™ of €3.88.
GuruFocus considers National CineMedia to be Modestly Undervalued.
Key valuation signals for FRA:XWM0:
Debt-to-EBITDA: -0.28
GF Value™: €3.88 vs. price of €3.60 (7.2% below fair value)
No single metric tells the full story. See the FRA:XWM0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National CineMedia Inc is a cinema advertising platform in the U.S. It derives revenue from the sale of advertising to national, regional and local businesses through The Noovie Show and the CineLife Show, the cinema advertising and entertainment show seen on movie screens across the U.S., on LEN, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theater lobbies.
71GF Score
Get the complete analysis for FRA:XWM0
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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