Spirax Group (MEX:SPX N) Debt-to-EBITDA : (As of Jun. 2026)

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MEX:SPX N Spirax Group PLC MEX:SPX N
86 GF Score
Price MXN2,503.87
GF Value MXN2,790.24
! 3 Warning Signs
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What is Spirax Group Debt-to-EBITDA?

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

Spirax Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was MXN5,404 Mil. Spirax Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was MXN19,778 Mil. Spirax Group's annualized EBITDA for the quarter that ended in Jun. 2026 was MXN9,713 Mil. Spirax Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.59.

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

MEX:SPX N' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.44   Med: 2.06   Max: 2.75
Current: 2.39

During the past 13 years, the highest Debt-to-EBITDA Ratio of Spirax Group was 2.75. The lowest was 0.44. And the median was 2.06.

MEX:SPX N's Debt-to-EBITDA is ranked worse than
60.37% of 2319 companies
in the Industrial Products industry
Industry Median: 1.69 vs MEX:SPX N: 2.39

Spirax Group  (MEX:SPX N) 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.

Spirax Group Debt-to-EBITDA Related Terms

Spirax Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Spirax Group'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.

Spirax Group Debt-to-EBITDA Chart

Spirax Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
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Spirax Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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MEX:SPX N vs GEV, ETN, PH: Debt-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, Spirax Group'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.

Spirax Group Debt-to-EBITDA vs Industrial Products Industry

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

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


MEX:SPX N
86GF Score
Spirax Group PLC MEX:SPX N
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spirax Group Debt-to-EBITDA Calculation

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

Spirax Group'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
=(6132.89159406 + 18628.416383692) / 9405.4920488651
=2.63

Spirax Group'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
=(5403.7440821875 + 19778.1671815) / 9712.8248165252
=2.59

* 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 two times the quarterly (Jun. 2026) EBITDA data.

Is Spirax Group (MEX:SPX N) Overvalued in 2026?

Based on GuruFocus' analysis, Spirax Group stock appears to be undervalued. The current stock price of MXN2,503.87 is trading 10.3% below its estimated GF Value™ of MXN2,790.24.

Key valuation signals for MEX:SPX N:

  • Debt-to-EBITDA:
  • GF Value™: MXN2,790.24 vs. price of MXN2,503.87 (10.3% below fair value)
  • GF Score™: 86/100 with 3 warning signs

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

Spirax Group Business Description

Address Cirencester Road, Charlton House, Charlton Kings, Cheltenham, Gloucestershire, GBR, GL53 8ER
Spirax is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions, and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.
86GF Score

Get the complete analysis for MEX:SPX N

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

MXN2,503.87
Price
MXN2,790.24
GF Value