Lenzing AG (HAM:LEN) Debt-to-EBITDA : 4.75 (As of Mar. 2026) — 40% Above Median

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HAM:LEN Lenzing AG HAM:LEN
52 GF Score
Price €23.75
GF Value €31.65
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Lenzing AG Debt-to-EBITDA?

Lenzing AG HAM:LEN -3.46% 52 Debt-to-EBITDA is 4.75 as of Mar. 2026, which is 40% above its 10-year median of 3.39. GuruFocus rates HAM:LEN with a GF Score™ of 52/100 and a GF Value™ of €31.65 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 812 Manufacturing - Apparel & Accessories companies, Lenzing AG ranks worse than 83.62% on this metric.

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

Lenzing AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €517 Mil. Lenzing AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €1,702 Mil. Lenzing AG's annualized EBITDA for the quarter that ended in Mar. 2026 was €467 Mil. Lenzing AG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 4.75.

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 Lenzing AG's Debt-to-EBITDA or its related term are showing as below:

HAM:LEN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.04   Med: 3.39   Max: 8.27
Current: 7.84

During the past 13 years, the highest Debt-to-EBITDA Ratio of Lenzing AG was 8.27. The lowest was -12.04. And the median was 3.39.

HAM:LEN's Debt-to-EBITDA is ranked worse than
83.62% of 812 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.705 vs HAM:LEN: 7.84

Lenzing AG  (HAM:LEN) 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.


Lenzing AG Debt-to-EBITDA Related Terms


Lenzing AG Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Lenzing AG'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.

Lenzing AG Debt-to-EBITDA Chart

Lenzing AG 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 5.43 8.27 -12.04 4.28 5.08

Lenzing AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.31 5.74 7.98 -57.40 4.75

HAM:LEN vs AIN: Debt-to-EBITDA Comparison

For the Textile Manufacturing subindustry, Lenzing AG'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.


Lenzing AG Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lenzing AG's Debt-to-EBITDA distribution charts can be found below:

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


HAM:LEN
52GF Score
Lenzing AG HAM:LEN
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lenzing AG Debt-to-EBITDA Calculation

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

Lenzing AG'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
=(0 + 1667.411) / 328.533
=5.08

Lenzing AG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(517.3 + 1702.1) / 466.8
=4.75

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.75 mean?
Lenzing AG (HAM:LEN) has a Debt-to-EBITDA of 4.75 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 Lenzing AG. This is 40% above median its historical median of 3.39. According to the industry distribution chart, Lenzing AG ranks #679 out of 812 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 83.6%.
Is Lenzing AG's Debt-to-EBITDA too high?
Lenzing AG's current Debt-to-EBITDA of 4.75 is 40% above median its 10-year median of 3.39. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.71. Lenzing AG's value of 4.75 is 75.6% above this industry median. Based on the distribution chart, Lenzing AG ranks #679 out of 812 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Lenzing AG has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lenzing AG's Debt-to-EBITDA compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lenzing AG ranks #679 out of 812 companies for Debt-to-EBITDA. This places Lenzing AG in the lower half of its industry. The industry median Debt-to-EBITDA is 2.71. Lenzing AG's value of 4.75 is 75.6% above this benchmark. While the company's 10-year median is 3.39 vs. the industry median of 2.71, Lenzing AG 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.71, based on 812 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. Lenzing AG's current Debt-to-EBITDA of 4.75 is 75.6% 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 Lenzing AG. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lenzing AG's current Debt-to-EBITDA is 4.75, which is 40% above median its own 10-year median of 3.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lenzing AG stock overvalued right now?
Based on GuruFocus' analysis, Lenzing AG (HAM:LEN) is currently considered Modestly Undervalued. The stock's GF Value™ is €31.65, compared to a current price of €23.75 — trading 25% below its estimated fair value. The current Debt-to-EBITDA is 4.75, which is 40% above median its 10-year median of 3.39 and 75.6% above the Manufacturing - Apparel & Accessories industry median of 2.71. Lenzing AG's overall GF Score™ is 52/100 with 3 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 Lenzing AG (HAM:LEN), the current Debt-to-EBITDA is 4.75 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 Lenzing AG (HAM:LEN) Overvalued in 2026?

Based on GuruFocus' analysis, Lenzing AG stock appears to be undervalued. The current stock price of €23.75 is trading 25% below its estimated GF Value™ of €31.65. GuruFocus considers Lenzing AG to be Modestly Undervalued.

Key valuation signals for HAM:LEN:

  • Debt-to-EBITDA: 4.75 (40% above median its 10-year median of 3.39)
  • GF Value™: €31.65 vs. price of €23.75 (25% below fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 75.6% above the Manufacturing - Apparel & Accessories median (#679 of 812)

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


Lenzing AG Business Description

Address Werkstrasse 2, Lenzing, AUT, 4860
Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications; The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally; and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment. It derives maximum revenue from Division Fiber Segment.
52GF Score

Get the complete analysis for HAM:LEN

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

€23.75
Price
€31.65
GF Value