Hardide (LSE:HDD) Debt-to-EBITDA : 0.67 (As of Mar. 2026)

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LSE:HDD Hardide PLC LSE:HDD
38 GF Score
Price £1.06
GF Value £0.15
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Hardide Debt-to-EBITDA?

Hardide LSE:HDD -0.93% 38 Debt-to-EBITDA is 0.67 as of Mar. 2026. GuruFocus rates LSE:HDD with a GF Score™ of 38/100 and a GF Value™ of £0.15 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,239 Chemicals companies, Hardide ranks better than 69.17% on this metric.

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

Hardide's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was £0.36 Mil. Hardide's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was £1.86 Mil. Hardide's annualized EBITDA for the quarter that ended in Mar. 2026 was £3.29 Mil. Hardide's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.67.

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

LSE:HDD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -18.48   Med: -0.98   Max: 2.34
Current: 0.97

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hardide was 2.34. The lowest was -18.48. And the median was -0.98.

LSE:HDD's Debt-to-EBITDA is ranked better than
69.17% of 1239 companies
in the Chemicals industry
Industry Median: 2.15 vs LSE:HDD: 0.97

Hardide  (LSE:HDD) 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.


Hardide Debt-to-EBITDA Related Terms


Hardide Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Hardide'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.

Hardide Debt-to-EBITDA Chart

Hardide Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.66 -2.91 -18.48 -7.73 2.34

Hardide Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -2.93 11.99 3.29 1.89 0.67

LSE:HDD vs LIN, SHW, ECL: Debt-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Hardide'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.


Hardide Debt-to-EBITDA vs Chemicals Industry

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

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


LSE:HDD
38GF Score
Hardide PLC LSE:HDD
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hardide Debt-to-EBITDA Calculation

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

Hardide's Debt-to-EBITDA for the fiscal year that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.399 + 2.002) / 1.027
=2.34

Hardide'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
=(0.363 + 1.856) / 3.29
=0.67

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.67 mean?
Hardide (LSE:HDD) has a Debt-to-EBITDA of 0.67 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 Hardide. According to the industry distribution chart, Hardide ranks #382 out of 1239 companies in the Chemicals industry, placing it in the top 30.8%.
Is Hardide's Debt-to-EBITDA too high?
Hardide's current Debt-to-EBITDA is 0.67. The Chemicals industry median Debt-to-EBITDA is 2.15. Hardide's value of 0.67 is 68.8% below this industry median. Based on the distribution chart, Hardide ranks #382 out of 1239 companies in the Chemicals industry, which is above the industry midpoint. Overall, Hardide has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hardide's Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hardide ranks #382 out of 1239 companies for Debt-to-EBITDA. This puts Hardide in the upper half of its industry. The industry median Debt-to-EBITDA is 2.15. Hardide's value of 0.67 is 68.8% below this benchmark. 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 2.15, based on 1,239 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. Hardide's current Debt-to-EBITDA of 0.67 is 68.8% 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 Hardide. For the Chemicals industry, the median Debt-to-EBITDA is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hardide's current Debt-to-EBITDA is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hardide stock overvalued right now?
Based on GuruFocus' analysis, Hardide (LSE:HDD) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.15, compared to a current price of £1.06 — trading 606.7% above its estimated fair value. The current Debt-to-EBITDA is 0.67 and 68.8% below the Chemicals industry median of 2.15. Hardide's overall GF Score™ is 38/100 with 5 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 Hardide (LSE:HDD), the current Debt-to-EBITDA is 0.67 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 Hardide (LSE:HDD) Overvalued in 2026?

Based on GuruFocus' analysis, Hardide stock appears to be overvalued. The current stock price of £1.06 is trading 606.7% above its estimated GF Value™ of £0.15. GuruFocus considers Hardide to be Significantly Overvalued.

Key valuation signals for LSE:HDD:

  • Debt-to-EBITDA: 0.67
  • GF Value™: £0.15 vs. price of £1.06 (606.7% above fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 68.8% below the Chemicals median (#382 of 1239)

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


Hardide Business Description

Other Exchanges 9V0:Germany
Address 9 Longlands Road, Bicester, Oxfordshire, GBR, OX26 5AH
Hardide PLC is a UK-based company that acts as a provider of tungsten carbide coatings for metal components operating in abrasive, erosive, corrosive, and chemically aggressive environments. The company provides nanostructured and patented, low-temperature chemical vapour deposition coating which provides wear and corrosion resistance and combines toughness with ductility. It extends the life of critical components across high-value industries and applications including oil and gas, pumps, aerospace, petrochemical, power generation, defense, industrial tooling, and others. The company has it's reportable segments namely UK operation, United States operation and Corporate Central Functions. The majority of the company's revenue is generated from United Kingdom operations.
38GF Score

Get the complete analysis for LSE:HDD

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

£1.06
Price
£0.15
GF Value