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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.
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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Debt-to-EBITDA Related Terms
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Debt-to-EBITDA Historical Data
* 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Debt-to-EBITDA Chart
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Annual Data
IST:FORTE vs UBER, SHOP, CRM: Debt-to-EBITDA Comparison
For the Software - Application subindustry, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS'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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Debt-to-EBITDA vs Software Industry
* 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a Debt-to-EBITDA of 2.87 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS. This is 304% above median its historical median of 0.71. Over the past decade, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Debt-to-EBITDA has ranged from 0.02 to 19.61. According to the industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #700 out of 1716 companies in the Software industry, placing it in the top 40.8%.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Debt-to-EBITDA too high?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Debt-to-EBITDA of 2.87 is 304% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 19.61. The Software industry median Debt-to-EBITDA is 1.09. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 2.87 is 164.5% above this industry median. Based on the distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #700 out of 1716 companies in the Software industry, which is above the industry midpoint. Overall, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Debt-to-EBITDA compare to UBER and SHOP?
According to the Software industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #700 out of 1716 companies for Debt-to-EBITDA. This puts Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS in the upper half of its industry. The industry median Debt-to-EBITDA is 1.09. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 2.87 is 164.5% above this benchmark. Historically, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's own Debt-to-EBITDA has ranged from 0.02 to 19.61 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.09, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.09, based on 1,716 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. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Debt-to-EBITDA of 2.87 is 164.5% 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS. For the Software industry, the median Debt-to-EBITDA is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Debt-to-EBITDA is 2.87, which is 304% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS stock overvalued right now?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a current Debt-to-EBITDA of 2.87. The current Debt-to-EBITDA is 2.87, which is 304% above median its 10-year median of 0.71 and 164.5% above the Software industry median of 1.09. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's overall GF Score™ is 61/100 with 8 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE), the current Debt-to-EBITDA is 2.87 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Business Description
Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS operates in the fields of system integration and software development. It offers system infrastructure, system integration, software development, consultancy, and Technical Documentation Authoring, Material Coding, and Technical Services.
61GF Score
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