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Hera SpAHRASF 71 Debt-to-EBITDA is 4.53 as of Jun. 2026, which is 30% above its 10-year median of 3.49. GuruFocus rates HRASF with a GF Score™ of 71/100 and a GF Value™ of $3.58. The stock has 3 warning signs investors should review. Among 448 Utilities - Regulated companies, Hera SpA ranks better than 57.14% 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 Hera SpA's Debt-to-EBITDA or its related term are showing as below:
HRASF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.88 Med: 3.49 Max: 5.64
Current: 3.39
During the past 13 years, the highest Debt-to-EBITDA Ratio of Hera SpA was 5.64. The lowest was 2.88. And the median was 3.49.
HRASF's Debt-to-EBITDA is ranked better than 57.14% of 448
companies
in the Utilities - Regulated industry
Industry Median: 4.005
vs HRASF: 3.39
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.
Hera SpA Debt-to-EBITDA Related Terms
Hera SpA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Hera SpA'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 Utilities - Diversified subindustry, Hera SpA'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.
Hera SpA Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hera SpA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Hera SpA'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 (Jun. 2026) EBITDA data.
Hera SpA (HRASF) has a Debt-to-EBITDA of 4.53 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Hera SpA. This is 30% above median its historical median of 3.49. Over the past decade, Hera SpA's Debt-to-EBITDA has ranged from 2.88 to 5.64. According to the industry distribution chart, Hera SpA ranks #192 out of 448 companies in the Utilities - Regulated industry, placing it in the top 42.9%.
Is Hera SpA's Debt-to-EBITDA too high?
Hera SpA's current Debt-to-EBITDA of 4.53 is 30% above median its 10-year median of 3.49. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 5.64. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. Hera SpA's value of 4.53 is 13.1% above this industry median. Based on the distribution chart, Hera SpA ranks #192 out of 448 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Hera SpA has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Hera SpA's Debt-to-EBITDA compare to SRE?
According to the Utilities - Regulated industry distribution chart, Hera SpA ranks #192 out of 448 companies for Debt-to-EBITDA. This puts Hera SpA in the upper half of its industry. The industry median Debt-to-EBITDA is 4.01. Hera SpA's value of 4.53 is 13.1% above this benchmark. Historically, Hera SpA's own Debt-to-EBITDA has ranged from 2.88 to 5.64 over the past decade. While the company's 10-year median is 3.49 vs. the industry median of 4.01, Hera SpA 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 an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.01, based on 448 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. Hera SpA's current Debt-to-EBITDA of 4.53 is 13.1% 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 Hera SpA. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hera SpA's current Debt-to-EBITDA is 4.53, which is 30% above median its own 10-year median of 3.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hera SpA stock overvalued right now?
Hera SpA (HRASF) has a current Debt-to-EBITDA of 4.53. The stock's GF Value™ is $3.58, compared to a current price of $4.10 — trading 14.5% above its estimated fair value. The current Debt-to-EBITDA is 4.53, which is 30% above median its 10-year median of 3.49 and 13.1% above the Utilities - Regulated industry median of 4.01. Hera SpA's overall GF Score™ is 71/100 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 Hera SpA (HRASF), the current Debt-to-EBITDA is 4.53 as of Jun. 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 Hera SpA (HRASF) Overvalued in 2026?
Based on GuruFocus' analysis, Hera SpA stock appears to be overvalued.
The current stock price of $4.10 is trading 14.5% above its estimated GF Value™ of $3.58.
Key valuation signals for HRASF:
Debt-to-EBITDA: 4.53 (30% above median its 10-year median of 3.49)
GF Value™: $3.58 vs. price of $4.10 (14.5% above fair value)
Industry Position: 13.1% above the Utilities - Regulated median (#192 of 448)
No single metric tells the full story. See the HRASF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hera SpA is an Italian coalescence of municipally owned companies that manages the supply of energy, water and environmental services, as well as public lighting and telecommunications to citizens and businesses. The company operates mainly in Italy in the waste management (waste management and treatment), water (aqueduct, sewerage and purification) and energy (distribution and sale of electricity, gas and energy services) sectors; it also offers services for public lighting and telecommunications.
71GF Score
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