Alerion CleanPower SPA (MIL:ARN) Debt-to-EBITDA : 3.82 (As of Dec. 2025) — 30% Below Median

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MIL:ARN Alerion CleanPower SPA MIL:ARN
64 GF Score
Price €19.86
GF Value €12.61
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Alerion CleanPower SPA Debt-to-EBITDA?

Alerion CleanPower SPA MIL:ARN -1.68% 64 Debt-to-EBITDA is 3.82 as of Dec. 2025, which is 30% below its 10-year median of 5.44. GuruFocus rates MIL:ARN with a GF Score™ of 64/100 and a GF Value™ of €12.61 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 340 Utilities - Independent Power Producers companies, Alerion CleanPower SPA ranks worse than 55.59% on this metric.

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

Alerion CleanPower SPA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €70.0 Mil. Alerion CleanPower SPA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €954.7 Mil. Alerion CleanPower SPA's annualized EBITDA for the quarter that ended in Dec. 2025 was €268.1 Mil. Alerion CleanPower SPA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 3.82.

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 Alerion CleanPower SPA's Debt-to-EBITDA or its related term are showing as below:

MIL:ARN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.94   Med: 5.44   Max: 9.38
Current: 5.34

During the past 13 years, the highest Debt-to-EBITDA Ratio of Alerion CleanPower SPA was 9.38. The lowest was 2.94. And the median was 5.44.

MIL:ARN's Debt-to-EBITDA is ranked worse than
55.59% of 340 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.625 vs MIL:ARN: 5.34

Alerion CleanPower SPA  (MIL:ARN) 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.


Alerion CleanPower SPA Debt-to-EBITDA Related Terms


Alerion CleanPower SPA Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Alerion CleanPower SPA'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.

Alerion CleanPower SPA Debt-to-EBITDA Chart

Alerion CleanPower SPA 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 4.60 2.94 5.45 5.44 5.34

Alerion CleanPower SPA Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only 6.92 6.12 4.27 8.18 3.82

Alerion CleanPower SPA Debt-to-EBITDA Competitor Comparison

For the Utilities - Renewable subindustry, Alerion CleanPower SPA'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.


Alerion CleanPower SPA Debt-to-EBITDA vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alerion CleanPower SPA's Debt-to-EBITDA distribution charts can be found below:

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


MIL:ARN
64GF Score
Alerion CleanPower SPA MIL:ARN
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alerion CleanPower SPA Debt-to-EBITDA Calculation

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

Alerion CleanPower SPA'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
=(69.973 + 954.729) / 191.933
=5.34

Alerion CleanPower SPA'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
=(69.973 + 954.729) / 268.118
=3.82

* 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 3.82 mean?
Alerion CleanPower SPA (MIL:ARN) has a Debt-to-EBITDA of 3.82 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 Alerion CleanPower SPA. This is 30% below median its historical median of 5.44. Over the past decade, Alerion CleanPower SPA's Debt-to-EBITDA has ranged from 2.94 to 9.38. According to the industry distribution chart, Alerion CleanPower SPA ranks #189 out of 340 companies in the Utilities - Independent Power Producers industry, placing it in the top 55.6%.
Is Alerion CleanPower SPA's Debt-to-EBITDA too high?
Alerion CleanPower SPA's current Debt-to-EBITDA of 3.82 is 30% below median its 10-year median of 5.44. Over the past 10 years, this metric has ranged from a low of 2.94 to a high of 9.38. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.63. Alerion CleanPower SPA's value of 3.82 is 17.4% below this industry median. Based on the distribution chart, Alerion CleanPower SPA ranks #189 out of 340 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Alerion CleanPower SPA has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alerion CleanPower SPA's Debt-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Alerion CleanPower SPA ranks #189 out of 340 companies for Debt-to-EBITDA. This places Alerion CleanPower SPA in the lower half of its industry. The industry median Debt-to-EBITDA is 4.63. Alerion CleanPower SPA's value of 3.82 is 17.4% below this benchmark. Historically, Alerion CleanPower SPA's own Debt-to-EBITDA has ranged from 2.94 to 9.38 over the past decade. While the company's 10-year median is 5.44 vs. the industry median of 4.63, Alerion CleanPower SPA 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 Utilities - Independent Power Producers company?
The median Debt-to-EBITDA among Utilities - Independent Power Producers companies is 4.63, based on 340 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. Alerion CleanPower SPA's current Debt-to-EBITDA of 3.82 is 17.4% 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 Alerion CleanPower SPA. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alerion CleanPower SPA's current Debt-to-EBITDA is 3.82, which is 30% below median its own 10-year median of 5.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alerion CleanPower SPA stock overvalued right now?
Based on GuruFocus' analysis, Alerion CleanPower SPA (MIL:ARN) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.61, compared to a current price of €19.86 — trading 57.5% above its estimated fair value. The current Debt-to-EBITDA is 3.82, which is 30% below median its 10-year median of 5.44 and 17.4% below the Utilities - Independent Power Producers industry median of 4.63. Alerion CleanPower SPA's overall GF Score™ is 64/100 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 Alerion CleanPower SPA (MIL:ARN), the current Debt-to-EBITDA is 3.82 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 Alerion CleanPower SPA (MIL:ARN) Overvalued in 2026?

Based on GuruFocus' analysis, Alerion CleanPower SPA stock appears to be overvalued. The current stock price of €19.86 is trading 57.5% above its estimated GF Value™ of €12.61. GuruFocus considers Alerion CleanPower SPA to be Significantly Overvalued.

Key valuation signals for MIL:ARN:

  • Debt-to-EBITDA: 3.82 (30% below median its 10-year median of 5.44)
  • GF Value™: €12.61 vs. price of €19.86 (57.5% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 17.4% below the Utilities - Independent Power Producers median (#189 of 340)

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


Alerion CleanPower SPA Business Description

Other Exchanges 0P3O:UKFCW3:Germany
Address Via Renato Fucini, 4, Milano, ITA, 20133
Alerion CleanPower SPA operates in the renewable energy sector, managing wind and solar power plants across Italy, Romania, Spain, and Bulgaria. Its activities include the generation of electricity from renewable sources. The company focused on wind and solar power generation and energy storage.
64GF Score

Get the complete analysis for MIL:ARN

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

€19.86
Price
€12.61
GF Value