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KeyeraKEYUF -5.06%82 Debt-to-EBITDA is 3.56 as of Jun. 2026, which is 6% below its 10-year median of 3.77. GuruFocus rates KEYUF with a GF Score™ of 82/100 and a GF Value™ of $30.59 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 717 Oil & Gas companies, Keyera ranks worse than 89.96% 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 Keyera's Debt-to-EBITDA or its related term are showing as below:
KEYUF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.86 Med: 3.77 Max: 7.21
Current: 7.21
During the past 13 years, the highest Debt-to-EBITDA Ratio of Keyera was 7.21. The lowest was 2.86. And the median was 3.77.
KEYUF's Debt-to-EBITDA is ranked worse than 89.96% of 717
companies
in the Oil & Gas industry
Industry Median: 1.86
vs KEYUF: 7.21
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.
Keyera Debt-to-EBITDA Related Terms
Keyera Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Keyera'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 Oil & Gas Midstream subindustry, Keyera'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.
Keyera Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Keyera's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Keyera'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.
Keyera (KEYUF) has a Debt-to-EBITDA of 3.56 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 Keyera. This is near median its historical median of 3.77. Over the past decade, Keyera's Debt-to-EBITDA has ranged from 2.86 to 7.21. According to the industry distribution chart, Keyera ranks #645 out of 717 companies in the Oil & Gas industry, placing it in the top 90%.
Is Keyera's Debt-to-EBITDA too high?
Keyera's current Debt-to-EBITDA of 3.56 is near median its 10-year median of 3.77. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 7.21. The Oil & Gas industry median Debt-to-EBITDA is 1.86. Keyera's value of 3.56 is 91.4% above this industry median. Based on the distribution chart, Keyera ranks #645 out of 717 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Keyera has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keyera's Debt-to-EBITDA compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Keyera ranks #645 out of 717 companies for Debt-to-EBITDA. This places Keyera in the lower half of its industry. The industry median Debt-to-EBITDA is 1.86. Keyera's value of 3.56 is 91.4% above this benchmark. Historically, Keyera's own Debt-to-EBITDA has ranged from 2.86 to 7.21 over the past decade. While the company's 10-year median is 3.77 vs. the industry median of 1.86, Keyera 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 Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 1.86, based on 717 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. Keyera's current Debt-to-EBITDA of 3.56 is 91.4% 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 Keyera. For the Oil & Gas industry, the median Debt-to-EBITDA is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keyera's current Debt-to-EBITDA is 3.56, which is near median its own 10-year median of 3.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keyera stock overvalued right now?
Based on GuruFocus' analysis, Keyera (KEYUF) is currently considered Significantly Overvalued. The stock's GF Value™ is $30.59, compared to a current price of $40.38 — trading 32% above its estimated fair value. The current Debt-to-EBITDA is 3.56, which is near median its 10-year median of 3.77 and 91.4% above the Oil & Gas industry median of 1.86. Keyera's overall GF Score™ is 82/100 with 9 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 Keyera (KEYUF), the current Debt-to-EBITDA is 3.56 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 Keyera (KEYUF) Overvalued in 2026?
Based on GuruFocus' analysis, Keyera stock appears to be overvalued.
The current stock price of $40.38 is trading 32% above its estimated GF Value™ of $30.59.
GuruFocus considers Keyera to be Significantly Overvalued.
Key valuation signals for KEYUF:
Debt-to-EBITDA: 3.56 (near median its 10-year median of 3.77)
GF Value™: $30.59 vs. price of $40.38 (32% above fair value)
Industry Position: 91.4% above the Oil & Gas median (#645 of 717)
No single metric tells the full story. See the KEYUF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keyera Corp is a midstream energy business that operates out of Alberta. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for natural gas liquids and crude oil, and the marketing of natural gas liquids, iso-octane, and crude oil. The company operates in three reportable segments namely Gathering and Processing, Liquids Infrastructure and Marketing where Liquids Infrastructure is the key revenue segment.
82GF Score
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