FRFBF (ForFarmers NV) Debt-to-EBITDA : 1.22 (As of Dec. 2025) — Near Median

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FRFBF ForFarmers NV FRFBF
60 GF Score
Price $3.17
GF Value $1.66
! 1 Warning Sign
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What is ForFarmers NV Debt-to-EBITDA?

ForFarmers NV FRFBF 60 Debt-to-EBITDA is 1.22 as of Dec. 2025, which is 5% below its 10-year median of 1.29. GuruFocus rates FRFBF with a GF Score™ of 60/100 and a GF Value™ of $1.66. The stock has 1 warning sign investors should review. Among 1,553 Consumer Packaged Goods companies, ForFarmers NV ranks better than 62.59% on this metric.

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

ForFarmers NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $122 Mil. ForFarmers NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $81 Mil. ForFarmers NV's annualized EBITDA for the quarter that ended in Dec. 2025 was $167 Mil. ForFarmers NV's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 1.22.

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 ForFarmers NV's Debt-to-EBITDA or its related term are showing as below:

FRFBF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.66   Med: 1.29   Max: 2.29
Current: 1.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of ForFarmers NV was 2.29. The lowest was 0.66. And the median was 1.29.

FRFBF's Debt-to-EBITDA is ranked better than
62.59% of 1553 companies
in the Consumer Packaged Goods industry
Industry Median: 2.07 vs FRFBF: 1.25

ForFarmers NV  (OTCPK:FRFBF) 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.


ForFarmers NV Debt-to-EBITDA Related Terms


ForFarmers NV Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for ForFarmers NV'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.

ForFarmers NV Debt-to-EBITDA Chart

ForFarmers NV 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 1.90 2.29 2.07 1.60 1.25

ForFarmers NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.46 1.56 1.45 1.28 1.22

FRFBF vs KHC, GIS, HRL: Debt-to-EBITDA Comparison

For the Packaged Foods subindustry, ForFarmers NV'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.


ForFarmers NV Debt-to-EBITDA vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, ForFarmers NV's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where ForFarmers NV's Debt-to-EBITDA falls into.


FRFBF
60GF Score
ForFarmers NV FRFBF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ForFarmers NV Debt-to-EBITDA Calculation

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

ForFarmers NV'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
=(122.248 + 81.03) / 162.178
=1.25

ForFarmers NV's annualized Debt-to-EBITDA for the quarter 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
=(122.248 + 81.03) / 166.978
=1.22

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.22 mean?
ForFarmers NV (FRFBF) has a Debt-to-EBITDA of 1.22 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 ForFarmers NV. This is near median its historical median of 1.29. Over the past decade, ForFarmers NV's Debt-to-EBITDA has ranged from 0.66 to 2.29. According to the industry distribution chart, ForFarmers NV ranks #581 out of 1553 companies in the Consumer Packaged Goods industry, placing it in the top 37.4%.
Is ForFarmers NV's Debt-to-EBITDA too high?
ForFarmers NV's current Debt-to-EBITDA of 1.22 is near median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 2.29. The Consumer Packaged Goods industry median Debt-to-EBITDA is 2.07. ForFarmers NV's value of 1.22 is 41.1% below this industry median. Based on the distribution chart, ForFarmers NV ranks #581 out of 1553 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, ForFarmers NV has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does ForFarmers NV's Debt-to-EBITDA compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, ForFarmers NV ranks #581 out of 1553 companies for Debt-to-EBITDA. This puts ForFarmers NV in the upper half of its industry. The industry median Debt-to-EBITDA is 2.07. ForFarmers NV's value of 1.22 is 41.1% below this benchmark. Historically, ForFarmers NV's own Debt-to-EBITDA has ranged from 0.66 to 2.29 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 2.07, ForFarmers NV 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 Consumer Packaged Goods company?
The median Debt-to-EBITDA among Consumer Packaged Goods companies is 2.07, based on 1,553 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. ForFarmers NV's current Debt-to-EBITDA of 1.22 is 41.1% 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 ForFarmers NV. For the Consumer Packaged Goods industry, the median Debt-to-EBITDA is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ForFarmers NV's current Debt-to-EBITDA is 1.22, which is near median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ForFarmers NV stock overvalued right now?
ForFarmers NV (FRFBF) has a current Debt-to-EBITDA of 1.22. The stock's GF Value™ is $1.66, compared to a current price of $3.17 — trading 91% above its estimated fair value. The current Debt-to-EBITDA is 1.22, which is near median its 10-year median of 1.29 and 41.1% below the Consumer Packaged Goods industry median of 2.07. ForFarmers NV's overall GF Score™ is 60/100 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 ForFarmers NV (FRFBF), the current Debt-to-EBITDA is 1.22 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 ForFarmers NV (FRFBF) Overvalued in 2026?

Based on GuruFocus' analysis, ForFarmers NV stock appears to be overvalued. The current stock price of $3.17 is trading 91% above its estimated GF Value™ of $1.66.

Key valuation signals for FRFBF:

  • Debt-to-EBITDA: 1.22 (near median its 10-year median of 1.29)
  • GF Value™: $1.66 vs. price of $3.17 (91% above fair value)
  • GF Score™: 60/100 with 1 warning sign
  • Industry Position: 41.1% below the Consumer Packaged Goods median (#581 of 1553)

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


ForFarmers NV Business Description

Address Kwinkweerd 12, Lochem, NLD, 7241 CW
ForFarmers NV is an animal nutrition company. Its core business is the supply of high-quality feed solutions at competitive prices for livestock farming. The Company provides compound feed, specialties, feed additives, and co-products, supported by formulation, nutrition, innovation, procurement, feed milling, logistics, and delivery, and on-farm advisory services. Feed solutions are offered for ruminants, pigs, poultry, and horses, with activities also including organic feed through Reudink and residual flows through Van Triest CirQlar. The Company operates across the Netherlands, Germany, the United Kingdom, Poland, Belgium, and other countries, with the majority of its revenue generated in the Netherlands.
60GF Score

Get the complete analysis for FRFBF

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

$3.17
Price
$1.66
GF Value