Dexelance SpA (MIL:DEX) Debt-to-EBITDA : 7.23 (As of Mar. 2026) — 129% Above Median

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MIL:DEX Dexelance SpA MIL:DEX
64 GF Score
Price €2.20
GF Value €7.68
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Dexelance SpA Debt-to-EBITDA?

Dexelance SpA MIL:DEX -1.79% 64 Debt-to-EBITDA is 7.23 as of Mar. 2026, which is 129% above its 10-year median of 3.16. GuruFocus rates MIL:DEX with a GF Score™ of 64/100 and a GF Value™ of €7.68 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 333 Furnishings, Fixtures & Appliances companies, Dexelance SpA ranks worse than 73.87% on this metric.

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

Dexelance SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €50.6 Mil. Dexelance SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €124.0 Mil. Dexelance SpA's annualized EBITDA for the quarter that ended in Mar. 2026 was €24.2 Mil. Dexelance SpA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 7.23.

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 Dexelance SpA's Debt-to-EBITDA or its related term are showing as below:

MIL:DEX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.8   Med: 3.16   Max: 5.24
Current: 4.56

During the past 6 years, the highest Debt-to-EBITDA Ratio of Dexelance SpA was 5.24. The lowest was 1.80. And the median was 3.16.

MIL:DEX's Debt-to-EBITDA is ranked worse than
73.87% of 333 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.91 vs MIL:DEX: 4.56

Dexelance SpA  (MIL:DEX) 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.


Dexelance SpA Debt-to-EBITDA Related Terms


Dexelance SpA Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Dexelance 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.

Dexelance SpA Debt-to-EBITDA Chart

Dexelance SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 1.94 5.24 1.83 1.80 4.38

Dexelance SpA Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.47 1.74 5.11 3.67 7.23

MIL:DEX vs SN, SGI, MHK: Debt-to-EBITDA Comparison

For the Furnishings, Fixtures & Appliances subindustry, Dexelance 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.


Dexelance SpA Debt-to-EBITDA vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dexelance SpA's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Dexelance SpA's Debt-to-EBITDA falls into.


MIL:DEX
64GF Score
Dexelance SpA MIL:DEX
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dexelance SpA Debt-to-EBITDA Calculation

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

Dexelance 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
=(40.836 + 124.295) / 37.724
=4.38

Dexelance SpA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(50.611 + 124.016) / 24.16
=7.23

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 7.23 mean?
Dexelance SpA (MIL:DEX) has a Debt-to-EBITDA of 7.23 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 Dexelance SpA. This is 129% above median its historical median of 3.16. Over the past decade, Dexelance SpA's Debt-to-EBITDA has ranged from 1.80 to 5.24. According to the industry distribution chart, Dexelance SpA ranks #246 out of 333 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 73.9%.
Is Dexelance SpA's Debt-to-EBITDA too high?
Dexelance SpA's current Debt-to-EBITDA of 7.23 is 129% above median its 10-year median of 3.16. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 5.24. The Furnishings, Fixtures & Appliances industry median Debt-to-EBITDA is 1.91. Dexelance SpA's value of 7.23 is 278.5% above this industry median. Based on the distribution chart, Dexelance SpA ranks #246 out of 333 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Dexelance SpA has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dexelance SpA's Debt-to-EBITDA compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Dexelance SpA ranks #246 out of 333 companies for Debt-to-EBITDA. This places Dexelance SpA in the lower half of its industry. The industry median Debt-to-EBITDA is 1.91. Dexelance SpA's value of 7.23 is 278.5% above this benchmark. Historically, Dexelance SpA's own Debt-to-EBITDA has ranged from 1.80 to 5.24 over the past decade. While the company's 10-year median is 3.16 vs. the industry median of 1.91, Dexelance 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 Furnishings, Fixtures & Appliances company?
The median Debt-to-EBITDA among Furnishings, Fixtures & Appliances companies is 1.91, based on 333 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. Dexelance SpA's current Debt-to-EBITDA of 7.23 is 278.5% 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 Dexelance SpA. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-EBITDA is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dexelance SpA's current Debt-to-EBITDA is 7.23, which is 129% above median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexelance SpA stock overvalued right now?
Based on GuruFocus' analysis, Dexelance SpA (MIL:DEX) is currently considered Possible Value Trap. The stock's GF Value™ is €7.68, compared to a current price of €2.20 — trading 71.4% below its estimated fair value. The current Debt-to-EBITDA is 7.23, which is 129% above median its 10-year median of 3.16 and 278.5% above the Furnishings, Fixtures & Appliances industry median of 1.91. Dexelance SpA's overall GF Score™ is 64/100 with 2 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 Dexelance SpA (MIL:DEX), the current Debt-to-EBITDA is 7.23 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 Dexelance SpA (MIL:DEX) Overvalued in 2026?

Based on GuruFocus' analysis, Dexelance SpA stock appears to be undervalued. The current stock price of €2.20 is trading 71.4% below its estimated GF Value™ of €7.68. GuruFocus considers Dexelance SpA to be Possible Value Trap.

Key valuation signals for MIL:DEX:

  • Debt-to-EBITDA: 7.23 (129% above median its 10-year median of 3.16)
  • GF Value™: €7.68 vs. price of €2.20 (71.4% below fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 278.5% above the Furnishings, Fixtures & Appliances median (#246 of 333)

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


Dexelance SpA Business Description

Other Exchanges QZ2:Germany
Address Corso Venezia, 29, Milan, ITA, 20121
Dexelance SpA is a luxury homeware group. It develops and promotes an Italian hub for furniture and design. The company's strategic business areas include Furniture, Lighting, Luxury Contract, Kitchens and Systems, and Omnichannel go-to-market. The company generates the majority of its revenue from the Furniture segment, which is dedicated to the design, production (both in-house and through third-party manufacturers), and marketing of indoor and outdoor furniture products, mainly dedicated to the living area.
64GF Score

Get the complete analysis for MIL:DEX

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

€2.20
Price
€7.68
GF Value