Polisan Holding AS (IST:POLHO) Debt-to-EBITDA : 5.68 (As of Mar. 2026) — 130% Above Median

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IST:POLHO Polisan Holding AS IST:POLHO
53 GF Score
Price ₺20.58
GF Value ₺7.89
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Polisan Holding AS Debt-to-EBITDA?

Polisan Holding AS IST:POLHO -0.77% 53 Debt-to-EBITDA is 5.68 as of Mar. 2026, which is 130% above its 10-year median of 2.47. GuruFocus rates IST:POLHO with a GF Score™ of 53/100 and a GF Value™ of ₺7.89 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,233 Chemicals companies, Polisan Holding AS ranks worse than 85.64% on this metric.

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

Polisan Holding AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺1,642 Mil. Polisan Holding AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺484 Mil. Polisan Holding AS's annualized EBITDA for the quarter that ended in Mar. 2026 was ₺374 Mil. Polisan Holding AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 5.68.

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 Polisan Holding AS's Debt-to-EBITDA or its related term are showing as below:

IST:POLHO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.37   Med: 2.47   Max: 8.14
Current: 8.14

During the past 13 years, the highest Debt-to-EBITDA Ratio of Polisan Holding AS was 8.14. The lowest was 0.37. And the median was 2.47.

IST:POLHO's Debt-to-EBITDA is ranked worse than
85.64% of 1233 companies
in the Chemicals industry
Industry Median: 2.16 vs IST:POLHO: 8.14

Polisan Holding AS  (IST:POLHO) 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.


Polisan Holding AS Debt-to-EBITDA Related Terms


Polisan Holding AS Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Polisan Holding AS'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.

Polisan Holding AS Debt-to-EBITDA Chart

Polisan Holding AS 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 2.05 0.54 0.69 2.88 7.64

Polisan Holding AS 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 4.92 14.80 2.03 -4.74 5.68

IST:POLHO vs LIN, SHW, ECL: Debt-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Polisan Holding 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.


Polisan Holding AS Debt-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Polisan Holding AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Polisan Holding AS's Debt-to-EBITDA falls into.


IST:POLHO
53GF Score
Polisan Holding AS IST:POLHO
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polisan Holding AS Debt-to-EBITDA Calculation

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

Polisan Holding AS'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
=(1615.422 + 474.912) / 273.478
=7.64

Polisan Holding AS'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
=(1641.513 + 483.624) / 374.336
=5.68

* 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 5.68 mean?
Polisan Holding AS (IST:POLHO) has a Debt-to-EBITDA of 5.68 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 Polisan Holding AS. This is 130% above median its historical median of 2.47. Over the past decade, Polisan Holding AS's Debt-to-EBITDA has ranged from 0.37 to 8.14. According to the industry distribution chart, Polisan Holding AS ranks #1056 out of 1233 companies in the Chemicals industry, placing it in the top 85.6%.
Is Polisan Holding AS's Debt-to-EBITDA too high?
Polisan Holding AS's current Debt-to-EBITDA of 5.68 is 130% above median its 10-year median of 2.47. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 8.14. The Chemicals industry median Debt-to-EBITDA is 2.16. Polisan Holding AS's value of 5.68 is 163% above this industry median. Based on the distribution chart, Polisan Holding AS ranks #1056 out of 1233 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Polisan Holding AS has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polisan Holding AS's Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Polisan Holding AS ranks #1056 out of 1233 companies for Debt-to-EBITDA. This places Polisan Holding AS in the lower half of its industry. The industry median Debt-to-EBITDA is 2.16. Polisan Holding AS's value of 5.68 is 163% above this benchmark. Historically, Polisan Holding AS's own Debt-to-EBITDA has ranged from 0.37 to 8.14 over the past decade. While the company's 10-year median is 2.47 vs. the industry median of 2.16, Polisan Holding 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 Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 2.16, based on 1,233 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. Polisan Holding AS's current Debt-to-EBITDA of 5.68 is 163% 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 Polisan Holding AS. For the Chemicals industry, the median Debt-to-EBITDA is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polisan Holding AS's current Debt-to-EBITDA is 5.68, which is 130% above median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polisan Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Polisan Holding AS (IST:POLHO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺7.89, compared to a current price of ₺20.58 — trading 160.8% above its estimated fair value. The current Debt-to-EBITDA is 5.68, which is 130% above median its 10-year median of 2.47 and 163% above the Chemicals industry median of 2.16. Polisan Holding AS's overall GF Score™ is 53/100 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 Polisan Holding AS (IST:POLHO), the current Debt-to-EBITDA is 5.68 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 Polisan Holding AS (IST:POLHO) Overvalued in 2026?

Based on GuruFocus' analysis, Polisan Holding AS stock appears to be overvalued. The current stock price of ₺20.58 is trading 160.8% above its estimated GF Value™ of ₺7.89. GuruFocus considers Polisan Holding AS to be Significantly Overvalued.

Key valuation signals for IST:POLHO:

  • Debt-to-EBITDA: 5.68 (130% above median its 10-year median of 2.47)
  • GF Value™: ₺7.89 vs. price of ₺20.58 (160.8% above fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 163% above the Chemicals median (#1056 of 1233)

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


Polisan Holding AS Business Description

Address Dilovasi Organize Sanayi Bolgesi 1, Kisim Liman Caddesi No: 7, Kocaeli, Dilovasi, TUR
Polisan Holding AS engages in the manufacture and distribution of decorative paints, chemicals, textile goods, and rendering port and storage services. It operates through the following segments: Chemical Products, Port, Services, and Real estate. Majority of the firm's revenue gets derived from Chemical Products segment. The company offers paints, varnishes, resins, and other surface coating and insulation materials; formaldehyde, formaldehyde resins, and construction chemicals, as well as polyethylene terephthalate granules and synthetic fibers; emulsion polymers used in paint, wood, textiles, carpeting, and glue industries.
53GF Score

Get the complete analysis for IST:POLHO

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

₺20.58
Price
₺7.89
GF Value