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Cy4gate SpAMIL:CY4 -1.89%81 Debt-to-EBITDA is 0.20 as of Mar. 2026, which is 84% below its 10-year median of 1.22. GuruFocus rates MIL:CY4 with a GF Score™ of 81/100 and a GF Value™ of €9.78 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,725 Software companies, Cy4gate SpA ranks better than 77.91% 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 Cy4gate SpA's Debt-to-EBITDA or its related term are showing as below:
MIL:CY4'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.2 Med: 1.22 Max: 3.6
Current: 0.22
During the past 8 years, the highest Debt-to-EBITDA Ratio of Cy4gate SpA was 3.60. The lowest was -4.20. And the median was 1.22.
MIL:CY4's Debt-to-EBITDA is ranked better than 77.91% of 1725
companies
in the Software industry
Industry Median: 1.1
vs MIL:CY4: 0.22
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.
Cy4gate SpA Debt-to-EBITDA Related Terms
Cy4gate SpA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Cy4gate 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:CY4 vs MSFT, ORCL, PLTR: Debt-to-EBITDA Comparison
For the Software - Infrastructure subindustry, Cy4gate 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.
Cy4gate SpA Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Cy4gate SpA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Cy4gate 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.
Cy4gate SpA (MIL:CY4) has a Debt-to-EBITDA of 0.20 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 Cy4gate SpA. This is 84% below median its historical median of 1.22. According to the industry distribution chart, Cy4gate SpA ranks #381 out of 1725 companies in the Software industry, placing it in the top 22.1%.
Is Cy4gate SpA's Debt-to-EBITDA too high?
Cy4gate SpA's current Debt-to-EBITDA of 0.20 is 84% below median its 10-year median of 1.22. The Software industry median Debt-to-EBITDA is 1.10. Cy4gate SpA's value of 0.20 is 81.8% below this industry median. Based on the distribution chart, Cy4gate SpA ranks #381 out of 1725 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Cy4gate SpA has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cy4gate SpA's Debt-to-EBITDA compare to MSFT and ORCL?
According to the Software industry distribution chart, Cy4gate SpA ranks #381 out of 1725 companies for Debt-to-EBITDA. This places Cy4gate SpA in the top 22% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.10. Cy4gate SpA's value of 0.20 is 81.8% below this benchmark. While the company's 10-year median is 1.22 vs. the industry median of 1.10, Cy4gate 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 a Software company?
The median Debt-to-EBITDA among Software companies is 1.10, based on 1,725 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. Cy4gate SpA's current Debt-to-EBITDA of 0.20 is 81.8% 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 Cy4gate SpA. For the Software industry, the median Debt-to-EBITDA is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cy4gate SpA's current Debt-to-EBITDA is 0.20, which is 84% below median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cy4gate SpA stock overvalued right now?
Based on GuruFocus' analysis, Cy4gate SpA (MIL:CY4) is currently considered Fairly Valued. The stock's GF Value™ is €9.78, compared to a current price of €10.36 — trading 5.9% above its estimated fair value. The current Debt-to-EBITDA is 0.20, which is 84% below median its 10-year median of 1.22 and 81.8% below the Software industry median of 1.10. Cy4gate SpA's overall GF Score™ is 81/100 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 Cy4gate SpA (MIL:CY4), the current Debt-to-EBITDA is 0.20 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 Cy4gate SpA (MIL:CY4) Overvalued in 2026?
Based on GuruFocus' analysis, Cy4gate SpA stock appears to be overvalued.
The current stock price of €10.36 is trading 5.9% above its estimated GF Value™ of €9.78.
GuruFocus considers Cy4gate SpA to be Fairly Valued.
Key valuation signals for MIL:CY4:
Debt-to-EBITDA: 0.20 (84% below median its 10-year median of 1.22)
GF Value™: €9.78 vs. price of €10.36 (5.9% above fair value)
Industry Position: 81.8% below the Software median (#381 of 1725)
No single metric tells the full story. See the MIL:CY4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cy4gate SpA is engaged in the design, development and production of technologies, products, systems and services. Its corporate solutions include Cyber Resilience, Education & Training, Corporate Intelligence; and government solutions include Cyber Intelligence & Cyber Security. The company has a single operating segment, that of the development and marketing of cyber intelligence and cyber security products. Geographically it operates in Italy and outside Italy from where it derives the majority of revenue.
81GF Score
Get the complete analysis for MIL:CY4
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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