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 Next Technology Holding's Debt-to-EBITDA or its related term are showing as below:
FRA:ZP9'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -44.71 Med: 0.2 Max: 0.85
Current: -0.01
During the past 7 years, the highest Debt-to-EBITDA Ratio of Next Technology Holding was 0.85. The lowest was -44.71. And the median was 0.20.
FRA:ZP9's Debt-to-EBITDA is ranked worse than 100% of 1702
companies
in the Software industry
Industry Median: 1.085
vs FRA:ZP9: -0.01
Next Technology Holding (FRA:ZP9) 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.
Next Technology Holding Debt-to-EBITDA Related Terms
Next Technology Holding Debt-to-EBITDA Historical Data
* 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:ZP9 vs IDN, FRMM, ILLR: Debt-to-EBITDA Comparison
For the Software - Application subindustry, Next Technology Holding'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.
Next Technology Holding Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Next Technology Holding's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Next Technology Holding'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.
Next Technology Holding (FRA:ZP9) has a Debt-to-EBITDA of -0.02 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 Next Technology Holding. According to the industry distribution chart, Next Technology Holding ranks #999999 out of 1702 companies in the Software industry.
Is Next Technology Holding's Debt-to-EBITDA too high?
Next Technology Holding's current Debt-to-EBITDA is -0.02. Based on the distribution chart, Next Technology Holding ranks #999999 out of 1702 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Next Technology Holding has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Next Technology Holding's Debt-to-EBITDA compare to IDN and FRMM?
According to the Software industry distribution chart, Next Technology Holding ranks #999999 out of 1702 companies for Debt-to-EBITDA. This places Next Technology Holding in the lower half of its industry. The industry median Debt-to-EBITDA is 1.09. 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.09, based on 1,702 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 Next Technology Holding. For the Software industry, the median Debt-to-EBITDA is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Technology Holding's current Debt-to-EBITDA is -0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Technology Holding stock overvalued right now?
Based on GuruFocus' analysis, Next Technology Holding (FRA:ZP9) is currently considered Possible Value Trap. The stock's GF Value™ is €6.75, compared to a current price of €1.07 — trading 84.1% below its estimated fair value. The current Debt-to-EBITDA is -0.02. Next Technology Holding's overall GF Score™ is 28/100 with 1 warning sign 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 Next Technology Holding (FRA:ZP9), the current Debt-to-EBITDA is -0.02 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 Next Technology Holding (FRA:ZP9) Overvalued in 2026?
Based on GuruFocus' analysis, Next Technology Holding stock appears to be undervalued.
The current stock price of €1.07 is trading 84.1% below its estimated GF Value™ of €6.75.
GuruFocus considers Next Technology Holding to be Possible Value Trap.
Key valuation signals for FRA:ZP9:
Debt-to-EBITDA: -0.02
GF Value™: €6.75 vs. price of €1.07 (84.1% below fair value)
No single metric tells the full story. See the FRA:ZP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Next Technology Holding Inc provides software development services. It provides artificial intelligence (AI) enabled software development services to customers in Hong Kong, Singapore, Malaysia, Japan, and other Asian countries, which include developing, designing, and implementing various Software-as-a-Service (SaaS) software solutions for businesses of all types, including industrials and other businesses. Its designs, develops and deploys software platforms that integrate cloud computing, data analytics and AI-driven algorithms to support enterprises across diverse industries. Its products include Smart Cloud Collaboration Platform, AI-Enabled Data Analytics and Decision Support, Fully Automated Workflow, Comprehensive Security and Compliance Assurance, among others.
28GF Score
Get the complete analysis for FRA:ZP9
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:ZP9 has been successfully added to your 
