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Bellini Nautica SpAMIL:BELL +3.33%73 Debt-to-EBITDA is 3.82 as of Dec. 2025, which is 22% below its 10-year median of 4.91. GuruFocus rates MIL:BELL with a GF Score™ of 73/100 and a GF Value™ of €5.19 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,096 Vehicles & Parts companies, Bellini Nautica SpA ranks worse than 68.7% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Bellini Nautica SpA's Debt-to-EBITDA or its related term are showing as below:
MIL:BELL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.37 Med: 4.91 Max: 18.84
Current: 3.79
During the past 6 years, the highest Debt-to-EBITDA Ratio of Bellini Nautica SpA was 18.84. The lowest was 1.37. And the median was 4.91.
MIL:BELL's Debt-to-EBITDA is ranked worse than 68.7% of 1096
companies
in the Vehicles & Parts industry
Industry Median: 2.25
vs MIL:BELL: 3.79
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.
Bellini Nautica SpA Debt-to-EBITDA Related Terms
Bellini Nautica SpA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Bellini Nautica 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.
MIL:BELL vs BC, PII, THO: Debt-to-EBITDA Comparison
For the Recreational Vehicles subindustry, Bellini Nautica 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.
Bellini Nautica SpA Debt-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Bellini Nautica SpA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Bellini Nautica SpA's Debt-to-EBITDA falls into.
* 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.
Bellini Nautica SpA (MIL:BELL) 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 Bellini Nautica SpA. This is 22% below median its historical median of 4.91. Over the past decade, Bellini Nautica SpA's Debt-to-EBITDA has ranged from 1.37 to 18.84. According to the industry distribution chart, Bellini Nautica SpA ranks #753 out of 1096 companies in the Vehicles & Parts industry, placing it in the top 68.7%.
Is Bellini Nautica SpA's Debt-to-EBITDA too high?
Bellini Nautica SpA's current Debt-to-EBITDA of 3.82 is 22% below median its 10-year median of 4.91. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 18.84. The Vehicles & Parts industry median Debt-to-EBITDA is 2.25. Bellini Nautica SpA's value of 3.82 is 69.8% above this industry median. Based on the distribution chart, Bellini Nautica SpA ranks #753 out of 1096 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Bellini Nautica SpA has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bellini Nautica SpA's Debt-to-EBITDA compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Bellini Nautica SpA ranks #753 out of 1096 companies for Debt-to-EBITDA. This places Bellini Nautica SpA in the lower half of its industry. The industry median Debt-to-EBITDA is 2.25. Bellini Nautica SpA's value of 3.82 is 69.8% above this benchmark. Historically, Bellini Nautica SpA's own Debt-to-EBITDA has ranged from 1.37 to 18.84 over the past decade. While the company's 10-year median is 4.91 vs. the industry median of 2.25, Bellini Nautica SpA 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 a Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.25, based on 1,096 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. Bellini Nautica SpA's current Debt-to-EBITDA of 3.82 is 69.8% 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 Bellini Nautica SpA. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bellini Nautica SpA's current Debt-to-EBITDA is 3.82, which is 22% below median its own 10-year median of 4.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellini Nautica SpA stock overvalued right now?
Based on GuruFocus' analysis, Bellini Nautica SpA (MIL:BELL) is currently considered Significantly Undervalued. The stock's GF Value™ is €5.19, compared to a current price of €3.10 — trading 40.3% below its estimated fair value. The current Debt-to-EBITDA is 3.82, which is 22% below median its 10-year median of 4.91 and 69.8% above the Vehicles & Parts industry median of 2.25. Bellini Nautica SpA's overall GF Score™ is 73/100 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 Bellini Nautica SpA (MIL:BELL), 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 Bellini Nautica SpA (MIL:BELL) Overvalued in 2026?
Based on GuruFocus' analysis, Bellini Nautica SpA stock appears to be undervalued.
The current stock price of €3.10 is trading 40.3% below its estimated GF Value™ of €5.19.
GuruFocus considers Bellini Nautica SpA to be Significantly Undervalued.
Key valuation signals for MIL:BELL:
Debt-to-EBITDA: 3.82 (22% below median its 10-year median of 4.91)
GF Value™: €5.19 vs. price of €3.10 (40.3% below fair value)
Industry Position: 69.8% above the Vehicles & Parts median (#753 of 1096)
No single metric tells the full story. See the MIL:BELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bellini Nautica SpA offers recreational vehicles. It specializes in the commercialization of high-end pleasure boats, with its offerings spanning different kinds of boats such as the Bellini yachts like B Atelier and Astor 36, and Vintage Riva boats like Florida Shore, Riva Junior, Sebino Shore, and others. The company also offers boat-related maintenance and restoration services.
73GF Score
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