Bevest ASA (LTS:0N0L) Debt-to-EBITDA : 4.04 (As of Jun. 2026) — 27% Below Median

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Director of Data and Quant Analytics at GuruFocus
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LTS:0N0L Bevest ASA LTS:0N0L
53 GF Score
Price kr22.58
GF Value kr102.20
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Bevest ASA Debt-to-EBITDA?

Bevest ASA LTS:0N0L -3.52% 53 Debt-to-EBITDA is 4.04 as of Jun. 2026, which is 27% below its 10-year median of 5.50. GuruFocus rates LTS:0N0L with a GF Score™ of 53/100 and a GF Value™ of kr102.20 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 383 Asset Management companies, Bevest ASA ranks worse than 82.25% on this metric.

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

Bevest ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was kr701 Mil. Bevest ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was kr7,463 Mil. Bevest ASA's annualized EBITDA for the quarter that ended in Jun. 2026 was kr2,020 Mil. Bevest ASA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 4.04.

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

LTS:0N0L' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -13.7   Med: 5.5   Max: 17.07
Current: 5.61

During the past 13 years, the highest Debt-to-EBITDA Ratio of Bevest ASA was 17.07. The lowest was -13.70. And the median was 5.50.

LTS:0N0L's Debt-to-EBITDA is ranked worse than
82.25% of 383 companies
in the Asset Management industry
Industry Median: 1.4 vs LTS:0N0L: 5.61

Bevest ASA  (LTS:0N0L) 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.


Bevest ASA Debt-to-EBITDA Related Terms


Bevest ASA Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Bevest ASA'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.

Bevest ASA Debt-to-EBITDA Chart

Bevest ASA 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 4.96 7.40 17.07 6.05 8.07

Bevest ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.75 4.98 9.55 5.40 4.04

LTS:0N0L vs BLK, BX, KKR: Debt-to-EBITDA Comparison

For the Asset Management subindustry, Bevest ASA'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.


Bevest ASA Debt-to-EBITDA vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Bevest ASA's Debt-to-EBITDA distribution charts can be found below:

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


LTS:0N0L
53GF Score
Bevest ASA LTS:0N0L
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bevest ASA Debt-to-EBITDA Calculation

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

Bevest ASA'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
=(652.5 + 7487.2) / 1008.2
=8.07

Bevest ASA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(700.6 + 7463) / 2020
=4.04

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.04 mean?
Bevest ASA (LTS:0N0L) has a Debt-to-EBITDA of 4.04 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 Bevest ASA. This is 27% below median its historical median of 5.50. According to the industry distribution chart, Bevest ASA ranks #315 out of 383 companies in the Asset Management industry, placing it in the top 82.2%.
Is Bevest ASA's Debt-to-EBITDA too high?
Bevest ASA's current Debt-to-EBITDA of 4.04 is 27% below median its 10-year median of 5.50. The Asset Management industry median Debt-to-EBITDA is 1.40. Bevest ASA's value of 4.04 is 188.6% above this industry median. Based on the distribution chart, Bevest ASA ranks #315 out of 383 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Bevest ASA has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bevest ASA's Debt-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Bevest ASA ranks #315 out of 383 companies for Debt-to-EBITDA. This places Bevest ASA in the lower half of its industry. The industry median Debt-to-EBITDA is 1.40. Bevest ASA's value of 4.04 is 188.6% above this benchmark. While the company's 10-year median is 5.50 vs. the industry median of 1.40, Bevest ASA 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 Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.40, based on 383 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. Bevest ASA's current Debt-to-EBITDA of 4.04 is 188.6% 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 Bevest ASA. For the Asset Management industry, the median Debt-to-EBITDA is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bevest ASA's current Debt-to-EBITDA is 4.04, which is 27% below median its own 10-year median of 5.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bevest ASA stock overvalued right now?
Based on GuruFocus' analysis, Bevest ASA (LTS:0N0L) is currently considered Possible Value Trap. The stock's GF Value™ is kr102.20, compared to a current price of kr22.58 — trading 77.9% below its estimated fair value. The current Debt-to-EBITDA is 4.04, which is 27% below median its 10-year median of 5.50 and 188.6% above the Asset Management industry median of 1.40. Bevest ASA's overall GF Score™ is 53/100 with 7 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 Bevest ASA (LTS:0N0L), the current Debt-to-EBITDA is 4.04 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 Bevest ASA (LTS:0N0L) Overvalued in 2026?

Based on GuruFocus' analysis, Bevest ASA stock appears to be undervalued. The current stock price of kr22.58 is trading 77.9% below its estimated GF Value™ of kr102.20. GuruFocus considers Bevest ASA to be Possible Value Trap.

Key valuation signals for LTS:0N0L:

  • Debt-to-EBITDA: 4.04 (27% below median its 10-year median of 5.50)
  • GF Value™: kr102.20 vs. price of kr22.58 (77.9% below fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 188.6% above the Asset Management median (#315 of 383)

No single metric tells the full story. See the LTS:0N0L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bevest ASA Business Description

Other Exchanges BINT:Norway5FM0:Germany
Address Dyre Halses gate 1A, Trondheim, NOR, 7042
Bevest ASA is engaged in investment and ownership activities in sectors including industrial production, real estate, and seafood. It operates through portfolio companies across multiple countries and follows a long-term ownership approach in managing its investments.
53GF Score

Get the complete analysis for LTS:0N0L

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

kr22.58
Price
kr102.20
GF Value