Advtech (JSE:ADH) Debt-to-EBITDA : 1.15 (As of Dec. 2025) — 33% Below Median

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JSE:ADH Advtech Ltd JSE:ADH
82 GF Score
Price R46.09
GF Value R35.97
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Advtech Debt-to-EBITDA?

Advtech JSE:ADH -0.26% 82 Debt-to-EBITDA is 1.15 as of Dec. 2025, which is 33% below its 10-year median of 1.71. GuruFocus rates JSE:ADH with a GF Score™ of 82/100 and a GF Value™ of R35.97 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 189 Education companies, Advtech ranks better than 56.61% on this metric.

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

Advtech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was R1,817 Mil. Advtech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was R1,177 Mil. Advtech's annualized EBITDA for the quarter that ended in Dec. 2025 was R2,612 Mil. Advtech's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 1.15.

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

JSE:ADH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.18   Med: 1.71   Max: 2.82
Current: 1.18

During the past 13 years, the highest Debt-to-EBITDA Ratio of Advtech was 2.82. The lowest was 1.18. And the median was 1.71.

JSE:ADH's Debt-to-EBITDA is ranked better than
56.61% of 189 companies
in the Education industry
Industry Median: 1.47 vs JSE:ADH: 1.18

Advtech  (JSE:ADH) 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.


Advtech Debt-to-EBITDA Related Terms


Advtech Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Advtech'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.

Advtech Debt-to-EBITDA Chart

Advtech 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 1.77 1.59 1.36 1.40 1.18

Advtech Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.31 0.90 1.37 0.82 1.15

JSE:ADH vs EDU, TAL, LAUR: Debt-to-EBITDA Comparison

For the Education & Training Services subindustry, Advtech'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.


Advtech Debt-to-EBITDA vs Education Industry

For the Education industry and Consumer Defensive sector, Advtech's Debt-to-EBITDA distribution charts can be found below:

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


JSE:ADH
82GF Score
Advtech Ltd JSE:ADH
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advtech Debt-to-EBITDA Calculation

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

Advtech'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
=(1816.9 + 1177.1) / 2542.9
=1.18

Advtech's annualized Debt-to-EBITDA for the quarter 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
=(1816.9 + 1177.1) / 2611.8
=1.15

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.15 mean?
Advtech (JSE:ADH) has a Debt-to-EBITDA of 1.15 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 Advtech. This is 33% below median its historical median of 1.71. Over the past decade, Advtech's Debt-to-EBITDA has ranged from 1.18 to 2.82. According to the industry distribution chart, Advtech ranks #82 out of 189 companies in the Education industry, placing it in the top 43.4%.
Is Advtech's Debt-to-EBITDA too high?
Advtech's current Debt-to-EBITDA of 1.15 is 33% below median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 2.82. The Education industry median Debt-to-EBITDA is 1.47. Advtech's value of 1.15 is 21.8% below this industry median. Based on the distribution chart, Advtech ranks #82 out of 189 companies in the Education industry, which is above the industry midpoint. Overall, Advtech has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advtech's Debt-to-EBITDA compare to EDU and TAL?
According to the Education industry distribution chart, Advtech ranks #82 out of 189 companies for Debt-to-EBITDA. This puts Advtech in the upper half of its industry. The industry median Debt-to-EBITDA is 1.47. Advtech's value of 1.15 is 21.8% below this benchmark. Historically, Advtech's own Debt-to-EBITDA has ranged from 1.18 to 2.82 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 1.47, Advtech 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 an Education company?
The median Debt-to-EBITDA among Education companies is 1.47, based on 189 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. Advtech's current Debt-to-EBITDA of 1.15 is 21.8% 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 Advtech. For the Education industry, the median Debt-to-EBITDA is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advtech's current Debt-to-EBITDA is 1.15, which is 33% below median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advtech stock overvalued right now?
Based on GuruFocus' analysis, Advtech (JSE:ADH) is currently considered Modestly Overvalued. The stock's GF Value™ is R35.97, compared to a current price of R46.09 — trading 28.1% above its estimated fair value. The current Debt-to-EBITDA is 1.15, which is 33% below median its 10-year median of 1.71 and 21.8% below the Education industry median of 1.47. Advtech's overall GF Score™ is 82/100 with 4 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 Advtech (JSE:ADH), the current Debt-to-EBITDA is 1.15 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 Advtech (JSE:ADH) Overvalued in 2026?

Based on GuruFocus' analysis, Advtech stock appears to be overvalued. The current stock price of R46.09 is trading 28.1% above its estimated GF Value™ of R35.97. GuruFocus considers Advtech to be Modestly Overvalued.

Key valuation signals for JSE:ADH:

  • Debt-to-EBITDA: 1.15 (33% below median its 10-year median of 1.71)
  • GF Value™: R35.97 vs. price of R46.09 (28.1% above fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 21.8% below the Education median (#82 of 189)

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


Advtech Business Description

Address 54 Wierda Road West, ADvTECH House, Inanda Greens Office Park, Building 7, Wierda Valley, Sandton, Johannesburg, GT, ZAF, 2196
Advtech Ltd is a South Africa-based company engaged in education and training services. The company has three primary business segments, Schools, Tertiary, and Resourcing. The Schools segment offers pre-primary, primary, and secondary educations services. The Tertiary segment provides diploma, degree, and post-graduate services. The Resourcing segment provides permanent, temporary, and contract staffing solutions. These staffing positions are in several areas such as information technology, network finance, accounting and finance, engineering, and advertising.
82GF Score

Get the complete analysis for JSE:ADH

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

R46.09
Price
R35.97
GF Value