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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 Carel Industries SpA's Debt-to-EBITDA or its related term are showing as below:
MIL:CRL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.81 Med: 1.56 Max: 2.53
Current: 0.81
During the past 12 years, the highest Debt-to-EBITDA Ratio of Carel Industries SpA was 2.53. The lowest was 0.81. And the median was 1.56.
MIL:CRL's Debt-to-EBITDA is ranked better than 66.76% of 1796
companies
in the Hardware industry
Industry Median: 1.715
vs MIL:CRL: 0.81
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.
Carel Industries SpA Debt-to-EBITDA Related Terms
Carel Industries SpA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Carel Industries 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:CRL vs APH, GLW, TEL: Debt-to-EBITDA Comparison
For the Electronic Components subindustry, Carel Industries 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.
Carel Industries SpA Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Carel Industries SpA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Carel Industries 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 four times the quarterly (Mar. 2026) EBITDA data.
Carel Industries SpA (MIL:CRL) has a Debt-to-EBITDA of 0.00 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 Carel Industries SpA. Over the past decade, Carel Industries SpA's Debt-to-EBITDA has ranged from 0.81 to 2.53. According to the industry distribution chart, Carel Industries SpA ranks #597 out of 1796 companies in the Hardware industry, placing it in the top 33.2%.
Is Carel Industries SpA's Debt-to-EBITDA too high?
Carel Industries SpA's current Debt-to-EBITDA is 0.00. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 2.53. Based on the distribution chart, Carel Industries SpA ranks #597 out of 1796 companies in the Hardware industry, which is above the industry midpoint. Overall, Carel Industries SpA has a GF Score™ of 99/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carel Industries SpA's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Carel Industries SpA ranks #597 out of 1796 companies for Debt-to-EBITDA. This puts Carel Industries SpA in the upper half of its industry. The industry median Debt-to-EBITDA is 1.72. Historically, Carel Industries SpA's own Debt-to-EBITDA has ranged from 0.81 to 2.53 over the past decade. 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.72, based on 1,796 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. 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 Carel Industries SpA. For the Hardware industry, the median Debt-to-EBITDA is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carel Industries SpA's current Debt-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carel Industries SpA stock overvalued right now?
Based on GuruFocus' analysis, Carel Industries SpA (MIL:CRL) is currently considered Modestly Overvalued. The stock's GF Value™ is €24.11, compared to a current price of €28.05 — trading 16.3% above its estimated fair value. The current Debt-to-EBITDA is 0.00. Carel Industries SpA's overall GF Score™ is 99/100 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 Carel Industries SpA (MIL:CRL), the current Debt-to-EBITDA is 0.00 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 Carel Industries SpA (MIL:CRL) Overvalued in 2026?
Based on GuruFocus' analysis, Carel Industries SpA stock appears to be overvalued.
The current stock price of €28.05 is trading 16.3% above its estimated GF Value™ of €24.11.
GuruFocus considers Carel Industries SpA to be Modestly Overvalued.
Key valuation signals for MIL:CRL:
Debt-to-EBITDA: 0.00
GF Value™: €24.11 vs. price of €28.05 (16.3% above fair value)
No single metric tells the full story. See the MIL:CRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carel Industries SpA manufactures control systems and humidification for air conditioning and refrigeration. The group provides control solutions for the commercial, industrial, and residential air-conditioning and refrigeration (HVAC/R) markets. Its geographical segments are Europe, the Middle East and Africa, North America, South America, and APAC. The company's industrial applications for the air-conditioning sector are designed for data centers. Its products include programmable controls, room terminals, Isothermal Humidifiers, Sensors and protection devices, Sensors and protection devices, and others. The company derives maximum revenue from Europe, the Middle East, and Africa segment.
99GF Score
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