FortescueFSUGY +2.46%77 Debt-to-EBITDA is 0.67 as of Dec. 2025, which is 3% above its 10-year median of 0.65. GuruFocus rates FSUGY with a GF Score™ of 77/100 and a GF Value™ of $28.52 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 596 Metals & Mining companies, Fortescue ranks better than 61.74% 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 Fortescue's Debt-to-EBITDA or its related term are showing as below:
FSUGY'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.26 Med: 0.65 Max: 2.55
Current: 0.69
During the past 13 years, the highest Debt-to-EBITDA Ratio of Fortescue was 2.55. The lowest was 0.26. And the median was 0.65.
FSUGY's Debt-to-EBITDA is ranked better than 61.74% of 596
companies
in the Metals & Mining industry
Industry Median: 1.235
vs FSUGY: 0.69
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.
Fortescue Debt-to-EBITDA Related Terms
Fortescue Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Fortescue'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 Other Industrial Metals & Mining subindustry, Fortescue'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.
Fortescue Debt-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortescue's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Fortescue'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.
Fortescue (FSUGY) has a Debt-to-EBITDA of 0.67 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 Fortescue. This is near median its historical median of 0.65. Over the past decade, Fortescue's Debt-to-EBITDA has ranged from 0.26 to 2.55. According to the industry distribution chart, Fortescue ranks #228 out of 596 companies in the Metals & Mining industry, placing it in the top 38.3%.
Is Fortescue's Debt-to-EBITDA too high?
Fortescue's current Debt-to-EBITDA of 0.67 is near median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 2.55. The Metals & Mining industry median Debt-to-EBITDA is 1.24. Fortescue's value of 0.67 is 45.7% below this industry median. Based on the distribution chart, Fortescue ranks #228 out of 596 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Fortescue has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fortescue's Debt-to-EBITDA compare to competitors?
According to the Metals & Mining industry distribution chart, Fortescue ranks #228 out of 596 companies for Debt-to-EBITDA. This puts Fortescue in the upper half of its industry. The industry median Debt-to-EBITDA is 1.24. Fortescue's value of 0.67 is 45.7% below this benchmark. Historically, Fortescue's own Debt-to-EBITDA has ranged from 0.26 to 2.55 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 1.24, Fortescue 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 Metals & Mining company?
The median Debt-to-EBITDA among Metals & Mining companies is 1.24, based on 596 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. Fortescue's current Debt-to-EBITDA of 0.67 is 45.7% 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 Fortescue. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortescue's current Debt-to-EBITDA is 0.67, which is near median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortescue stock overvalued right now?
Based on GuruFocus' analysis, Fortescue (FSUGY) is currently considered Modestly Undervalued. The stock's GF Value™ is $28.52, compared to a current price of $25.81 — trading 9.5% below its estimated fair value. The current Debt-to-EBITDA is 0.67, which is near median its 10-year median of 0.65 and 45.7% below the Metals & Mining industry median of 1.24. Fortescue's overall GF Score™ is 77/100 with 6 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 Fortescue (FSUGY), the current Debt-to-EBITDA is 0.67 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 Fortescue (FSUGY) Overvalued in 2026?
Based on GuruFocus' analysis, Fortescue stock appears to be undervalued.
The current stock price of $25.81 is trading 9.5% below its estimated GF Value™ of $28.52.
GuruFocus considers Fortescue to be Modestly Undervalued.
Key valuation signals for FSUGY:
Debt-to-EBITDA: 0.67 (near median its 10-year median of 0.65)
GF Value™: $28.52 vs. price of $25.81 (9.5% below fair value)
Industry Position: 45.7% below the Metals & Mining median (#228 of 596)
No single metric tells the full story. See the FSUGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortescue is an Australia-based iron ore miner. It has grown from obscurity at the start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 195 million metric tons in 2025 means Fortescue supplies around 10% of global seaborne iron ore. Further expansion to about 210 million metric tons is likely once its 22 million metric ton Iron Bridge magnetite mine ramps up, likely in 2028. However, with longer-term demand likely to decline as China's economy matures, its future margins are likely to be below historical averages. More recently, Fortescue diversified into copper and green energy. It has big ambitions here, but its efforts are at an early stage.
77GF Score
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