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Fletcher BuildingFRCEF 47 Debt-to-EBITDA is 12.95 as of Dec. 2025, which is 194% above its 10-year median of 4.40. GuruFocus rates FRCEF with a GF Score™ of 47/100 and a GF Value™ of $1.35. The stock has 10 warning signs investors should review. Among 331 Building Materials companies, Fletcher Building ranks worse than 99.09% 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 Fletcher Building's Debt-to-EBITDA or its related term are showing as below:
FRCEF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.92 Med: 4.4 Max: 76.15
Current: 76.15
During the past 13 years, the highest Debt-to-EBITDA Ratio of Fletcher Building was 76.15. The lowest was 1.92. And the median was 4.40.
FRCEF's Debt-to-EBITDA is ranked worse than 99.09% of 331
companies
in the Building Materials industry
Industry Median: 2.27
vs FRCEF: 76.15
Fletcher Building (OTCPK:FRCEF) 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.
Fletcher Building Debt-to-EBITDA Related Terms
Fletcher Building Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Fletcher Building'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.
For the Building Materials subindustry, Fletcher Building'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.
Fletcher Building Debt-to-EBITDA vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Fletcher Building's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Fletcher Building'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 (Dec. 2025) EBITDA data.
Fletcher Building (FRCEF) has a Debt-to-EBITDA of 12.95 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 Fletcher Building. This is 194% above median its historical median of 4.40. Over the past decade, Fletcher Building's Debt-to-EBITDA has ranged from 1.92 to 76.15. According to the industry distribution chart, Fletcher Building ranks #328 out of 331 companies in the Building Materials industry, placing it in the top 99.1%.
Is Fletcher Building's Debt-to-EBITDA too high?
Fletcher Building's current Debt-to-EBITDA of 12.95 is 194% above median its 10-year median of 4.40. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 76.15. The Building Materials industry median Debt-to-EBITDA is 2.27. Fletcher Building's value of 12.95 is 470.5% above this industry median. Based on the distribution chart, Fletcher Building ranks #328 out of 331 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Fletcher Building has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Fletcher Building's Debt-to-EBITDA compare to CRH and VMC?
According to the Building Materials industry distribution chart, Fletcher Building ranks #328 out of 331 companies for Debt-to-EBITDA. This places Fletcher Building in the lower half of its industry. The industry median Debt-to-EBITDA is 2.27. Fletcher Building's value of 12.95 is 470.5% above this benchmark. Historically, Fletcher Building's own Debt-to-EBITDA has ranged from 1.92 to 76.15 over the past decade. While the company's 10-year median is 4.40 vs. the industry median of 2.27, Fletcher Building 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 Building Materials company?
The median Debt-to-EBITDA among Building Materials companies is 2.27, based on 331 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. Fletcher Building's current Debt-to-EBITDA of 12.95 is 470.5% 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 Fletcher Building. For the Building Materials industry, the median Debt-to-EBITDA is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fletcher Building's current Debt-to-EBITDA is 12.95, which is 194% above median its own 10-year median of 4.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fletcher Building stock overvalued right now?
Fletcher Building (FRCEF) has a current Debt-to-EBITDA of 12.95. The stock's GF Value™ is $1.35, compared to a current price of $2.10 — trading 55.6% above its estimated fair value. The current Debt-to-EBITDA is 12.95, which is 194% above median its 10-year median of 4.40 and 470.5% above the Building Materials industry median of 2.27. Fletcher Building's overall GF Score™ is 47/100 with 10 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 Fletcher Building (FRCEF), the current Debt-to-EBITDA is 12.95 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 Fletcher Building (FRCEF) Overvalued in 2026?
Based on GuruFocus' analysis, Fletcher Building stock appears to be overvalued.
The current stock price of $2.10 is trading 55.6% above its estimated GF Value™ of $1.35.
Key valuation signals for FRCEF:
Debt-to-EBITDA: 12.95 (194% above median its 10-year median of 4.40)
GF Value™: $1.35 vs. price of $2.10 (55.6% above fair value)
Industry Position: 470.5% above the Building Materials median (#328 of 331)
No single metric tells the full story. See the FRCEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fletcher Building is a New Zealand-based building materials company with operations focused in New Zealand, but also extending to Australia. It has a conglomerate structure with diverse operations across concrete, building products, steel, retail distribution, and development. Most revenue is derived from new house construction, with smaller earnings contributions from commercial and infrastructure construction.
47GF 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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