LFDJF (FDJ United) Debt-to-EBITDA : 2.53 (As of Dec. 2025) — 201% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LFDJF FDJ United LFDJF
74 GF Score
Price $25.54
GF Value $56.05
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is FDJ United Debt-to-EBITDA?

FDJ United LFDJF 74 Debt-to-EBITDA is 2.53 as of Dec. 2025, which is 201% above its 10-year median of 0.84. GuruFocus rates LFDJF with a GF Score™ of 74/100 and a GF Value™ of $56.05 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 649 Travel & Leisure companies, FDJ United ranks worse than 50.39% on this metric.

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

FDJ United's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $189 Mil. FDJ United's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $2,459 Mil. FDJ United's annualized EBITDA for the quarter that ended in Dec. 2025 was $1,048 Mil. FDJ United's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 2.53.

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

LFDJF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.35   Med: 0.84   Max: 2.91
Current: 2.56

During the past 10 years, the highest Debt-to-EBITDA Ratio of FDJ United was 2.91. The lowest was 0.35. And the median was 0.84.

LFDJF's Debt-to-EBITDA is ranked worse than
50.39% of 649 companies
in the Travel & Leisure industry
Industry Median: 2.53 vs LFDJF: 2.56

FDJ United  (OTCPK:LFDJF) 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.


FDJ United Debt-to-EBITDA Related Terms


FDJ United Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for FDJ United'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.

FDJ United Debt-to-EBITDA Chart

FDJ United 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 0.90 0.84 0.61 2.91 2.56

FDJ United Semi-Annual Data
Dec16 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 0.56 0.55 2.80 2.68 2.53

LFDJF vs FLUT, DKNG, SGHC: Debt-to-EBITDA Comparison

For the Gambling subindustry, FDJ United'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.


FDJ United Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, FDJ United's Debt-to-EBITDA distribution charts can be found below:

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


LFDJF
74GF Score
FDJ United LFDJF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FDJ United Debt-to-EBITDA Calculation

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

FDJ United'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
=(189.227 + 2459.133) / 1036.651
=2.55

FDJ United'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
=(189.227 + 2459.133) / 1048.478
=2.53

* 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 2.53 mean?
FDJ United (LFDJF) has a Debt-to-EBITDA of 2.53 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 FDJ United. This is 201% above median its historical median of 0.84. Over the past decade, FDJ United's Debt-to-EBITDA has ranged from 0.35 to 2.91. According to the industry distribution chart, FDJ United ranks #327 out of 649 companies in the Travel & Leisure industry, placing it in the top 50.4%.
Is FDJ United's Debt-to-EBITDA too high?
FDJ United's current Debt-to-EBITDA of 2.53 is 201% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.91. The Travel & Leisure industry median Debt-to-EBITDA is 2.53. FDJ United's value of 2.53 is 0% at this industry median. Based on the distribution chart, FDJ United ranks #327 out of 649 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, FDJ United has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FDJ United's Debt-to-EBITDA compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, FDJ United ranks #327 out of 649 companies for Debt-to-EBITDA. This places FDJ United in the lower half of its industry. The industry median Debt-to-EBITDA is 2.53. FDJ United's value of 2.53 is 0% at this benchmark. Historically, FDJ United's own Debt-to-EBITDA has ranged from 0.35 to 2.91 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 2.53, FDJ United has consistently been at 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 Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.53, based on 649 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. FDJ United's current Debt-to-EBITDA of 2.53 is 0% at 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 FDJ United. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FDJ United's current Debt-to-EBITDA is 2.53, which is 201% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FDJ United stock overvalued right now?
Based on GuruFocus' analysis, FDJ United (LFDJF) is currently considered Possible Value Trap. The stock's GF Value™ is $56.05, compared to a current price of $25.54 — trading 54.4% below its estimated fair value. The current Debt-to-EBITDA is 2.53, which is 201% above median its 10-year median of 0.84 and 0% at the Travel & Leisure industry median of 2.53. FDJ United's overall GF Score™ is 74/100 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 FDJ United (LFDJF), the current Debt-to-EBITDA is 2.53 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 FDJ United (LFDJF) Overvalued in 2026?

Based on GuruFocus' analysis, FDJ United stock appears to be undervalued. The current stock price of $25.54 is trading 54.4% below its estimated GF Value™ of $56.05. GuruFocus considers FDJ United to be Possible Value Trap.

Key valuation signals for LFDJF:

  • Debt-to-EBITDA: 2.53 (201% above median its 10-year median of 0.84)
  • GF Value™: $56.05 vs. price of $25.54 (54.4% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 0% at the Travel & Leisure median (#327 of 649)

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


FDJ United Business Description

Address 3-7 Quai du Point du Jour, Boulogne-Billancourt, Paris, FRA, 92100
FDJ United is engaged in lottery, sports betting, and online gaming activities. Its offerings include draw and instant lottery games, as well as sports betting services across retail and digital channels. The group operates mainly in France and has expanded internationally through online gaming and betting activities, along with ancillary payment and collection services.
74GF Score

Get the complete analysis for LFDJF

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

$25.54
Price
$56.05
GF Value