KONE Oyj (LTS:0II2) Debt-to-EBITDA : 0.59 (As of Mar. 2026) — 64% Above Median

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LTS:0II2 KONE Oyj LTS:0II2
78 GF Score
Price €49.59
GF Value €51.66
Valuation Fairly Valued
! 3 Warning Signs
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What is KONE Oyj Debt-to-EBITDA?

KONE Oyj LTS:0II2 +1.07% 78 Debt-to-EBITDA is 0.59 as of Mar. 2026, which is 64% above its 10-year median of 0.36. GuruFocus rates LTS:0II2 with a GF Score™ of 78/100 and a GF Value™ of €51.66 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,330 Industrial Products companies, KONE Oyj ranks better than 74.98% on this metric.

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

KONE Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €357 Mil. KONE Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €534 Mil. KONE Oyj's annualized EBITDA for the quarter that ended in Mar. 2026 was €1,507 Mil. KONE Oyj's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.59.

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

LTS:0II2' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.16   Med: 0.36   Max: 0.53
Current: 0.52

During the past 13 years, the highest Debt-to-EBITDA Ratio of KONE Oyj was 0.53. The lowest was 0.16. And the median was 0.36.

LTS:0II2's Debt-to-EBITDA is ranked better than
74.98% of 2330 companies
in the Industrial Products industry
Industry Median: 1.7 vs LTS:0II2: 0.52

KONE Oyj  (LTS:0II2) 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.


KONE Oyj Debt-to-EBITDA Related Terms


KONE Oyj Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for KONE Oyj'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.

KONE Oyj Debt-to-EBITDA Chart

KONE Oyj 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 0.35 0.41 0.37 0.53 0.51

KONE Oyj 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 0.58 0.47 0.52 0.45 0.59

LTS:0II2 vs GEV, ETN, PH: Debt-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, KONE Oyj'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.


KONE Oyj Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, KONE Oyj's Debt-to-EBITDA distribution charts can be found below:

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


LTS:0II2
78GF Score
KONE Oyj LTS:0II2
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KONE Oyj Debt-to-EBITDA Calculation

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

KONE Oyj'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
=(343.3 + 514.6) / 1687.1
=0.51

KONE Oyj'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
=(356.7 + 534) / 1507.2
=0.59

* 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 0.59 mean?
KONE Oyj (LTS:0II2) has a Debt-to-EBITDA of 0.59 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 KONE Oyj. This is 64% above median its historical median of 0.36. Over the past decade, KONE Oyj's Debt-to-EBITDA has ranged from 0.16 to 0.53. According to the industry distribution chart, KONE Oyj ranks #583 out of 2330 companies in the Industrial Products industry, placing it in the top 25%.
Is KONE Oyj's Debt-to-EBITDA too high?
KONE Oyj's current Debt-to-EBITDA of 0.59 is 64% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.53. The Industrial Products industry median Debt-to-EBITDA is 1.70. KONE Oyj's value of 0.59 is 65.3% below this industry median. Based on the distribution chart, KONE Oyj ranks #583 out of 2330 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, KONE Oyj has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KONE Oyj's Debt-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, KONE Oyj ranks #583 out of 2330 companies for Debt-to-EBITDA. This places KONE Oyj in the top 25% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.70. KONE Oyj's value of 0.59 is 65.3% below this benchmark. Historically, KONE Oyj's own Debt-to-EBITDA has ranged from 0.16 to 0.53 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 1.70, KONE Oyj 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 Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.70, based on 2,330 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. KONE Oyj's current Debt-to-EBITDA of 0.59 is 65.3% 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 KONE Oyj. For the Industrial Products industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KONE Oyj's current Debt-to-EBITDA is 0.59, which is 64% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KONE Oyj stock overvalued right now?
Based on GuruFocus' analysis, KONE Oyj (LTS:0II2) is currently considered Fairly Valued. The stock's GF Value™ is €51.66, compared to a current price of €49.59 — trading 4% below its estimated fair value. The current Debt-to-EBITDA is 0.59, which is 64% above median its 10-year median of 0.36 and 65.3% below the Industrial Products industry median of 1.70. KONE Oyj's overall GF Score™ is 78/100 with 3 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 KONE Oyj (LTS:0II2), the current Debt-to-EBITDA is 0.59 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 KONE Oyj (LTS:0II2) Overvalued in 2026?

Based on GuruFocus' analysis, KONE Oyj stock appears to be undervalued. The current stock price of €49.59 is trading 4% below its estimated GF Value™ of €51.66. GuruFocus considers KONE Oyj to be Fairly Valued.

Key valuation signals for LTS:0II2:

  • Debt-to-EBITDA: 0.59 (64% above median its 10-year median of 0.36)
  • GF Value™: €51.66 vs. price of €49.59 (4% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 65.3% below the Industrial Products median (#583 of 2330)

No single metric tells the full story. See the LTS:0II2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KONE Oyj Business Description

Address Keilasatama 3, P.O. Box 7, Espoo, FIN, 02150
Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to closest competitors Otis, Schindler, and TK Elevator.
78GF Score

Get the complete analysis for LTS:0II2

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

€49.59
Price
€51.66
GF Value