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Dedem SpAMIL:DDM +7.75%13 Debt-to-EBITDA is 1.86 as of Dec. 2025, which is 18% below its 10-year median of 2.27. GuruFocus rates MIL:DDM with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 650 Travel & Leisure companies, Dedem SpA ranks better than 52.92% 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 Dedem SpA's Debt-to-EBITDA or its related term are showing as below:
MIL:DDM'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.11 Med: 2.27 Max: 2.45
Current: 2.27
During the past 3 years, the highest Debt-to-EBITDA Ratio of Dedem SpA was 2.45. The lowest was 2.11. And the median was 2.27.
MIL:DDM's Debt-to-EBITDA is ranked better than 52.92% of 650
companies
in the Travel & Leisure industry
Industry Median: 2.52
vs MIL:DDM: 2.27
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.
Dedem SpA Debt-to-EBITDA Related Terms
Dedem SpA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Dedem 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.
Dedem SpA Debt-to-EBITDA Chart
Dedem SpA Annual Data
Trend
Dec23
Dec24
Dec25
Debt-to-EBITDA
2.45
2.11
2.27
Dedem SpA Semi-Annual Data
Dec23
Dec24
Jun25
Dec25
Debt-to-EBITDA
N/A
N/A
2.30
1.86
MIL:DDM vs AS, HAS, LTH: Debt-to-EBITDA Comparison
For the Leisure subindustry, Dedem 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.
Dedem SpA Debt-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Dedem SpA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Dedem 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.
Dedem SpA (MIL:DDM) has a Debt-to-EBITDA of 1.86 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 Dedem SpA. This is 18% below median its historical median of 2.27. Over the past decade, Dedem SpA's Debt-to-EBITDA has ranged from 2.11 to 2.45. According to the industry distribution chart, Dedem SpA ranks #306 out of 650 companies in the Travel & Leisure industry, placing it in the top 47.1%.
Is Dedem SpA's Debt-to-EBITDA too high?
Dedem SpA's current Debt-to-EBITDA of 1.86 is 18% below median its 10-year median of 2.27. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 2.45. The Travel & Leisure industry median Debt-to-EBITDA is 2.52. Dedem SpA's value of 1.86 is 26.2% below this industry median. Based on the distribution chart, Dedem SpA ranks #306 out of 650 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Dedem SpA has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Dedem SpA's Debt-to-EBITDA compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Dedem SpA ranks #306 out of 650 companies for Debt-to-EBITDA. This puts Dedem SpA in the upper half of its industry. The industry median Debt-to-EBITDA is 2.52. Dedem SpA's value of 1.86 is 26.2% below this benchmark. Historically, Dedem SpA's own Debt-to-EBITDA has ranged from 2.11 to 2.45 over the past decade. While the company's 10-year median is 2.27 vs. the industry median of 2.52, Dedem 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 Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.52, based on 650 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. Dedem SpA's current Debt-to-EBITDA of 1.86 is 26.2% 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 Dedem SpA. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dedem SpA's current Debt-to-EBITDA is 1.86, which is 18% below median its own 10-year median of 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dedem SpA stock overvalued right now?
Dedem SpA (MIL:DDM) has a current Debt-to-EBITDA of 1.86. The current Debt-to-EBITDA is 1.86, which is 18% below median its 10-year median of 2.27 and 26.2% below the Travel & Leisure industry median of 2.52. Dedem SpA's overall GF Score™ is 13/100 with 3 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 Dedem SpA (MIL:DDM), the current Debt-to-EBITDA is 1.86 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.
Dedem SpA is engaged in the design, production, and distribution of automatic passport photo booths. The company also develops and operates amusement rides and interactive attractions for children. Its business activities are principally divided into three activities: digital services Photobooth that involves management of ID photo booths in Italy (Dedem) and Spain (Tecnotron); development of children's attractions by managing entertainment and leisure spaces and stores, located in shopping malls; and others including 3D printing services, IT services, etc. The majority of the company's revenue is generated in Italy, followed by European Union countries, and other countries.
13GF Score
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