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DHH SpAMIL:DHH +0.74%84 Debt-to-EBITDA is 1.46 as of Dec. 2025, which is 8% below its 10-year median of 1.58. GuruFocus rates MIL:DHH with a GF Score™ of 84/100 and a GF Value™ of €25.57 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,725 Software companies, DHH SpA ranks worse than 57.86% 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 DHH SpA's Debt-to-EBITDA or its related term are showing as below:
MIL:DHH'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.26 Med: 1.58 Max: 3.09
Current: 1.5
During the past 11 years, the highest Debt-to-EBITDA Ratio of DHH SpA was 3.09. The lowest was 0.26. And the median was 1.58.
MIL:DHH's Debt-to-EBITDA is ranked worse than 57.86% of 1725
companies
in the Software industry
Industry Median: 1.09
vs MIL:DHH: 1.50
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.
DHH SpA Debt-to-EBITDA Related Terms
DHH SpA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for DHH 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:DHH vs MSFT, ORCL, PLTR: Debt-to-EBITDA Comparison
For the Software - Infrastructure subindustry, DHH 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.
DHH SpA Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, DHH SpA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where DHH 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.
DHH SpA (MIL:DHH) has a Debt-to-EBITDA of 1.46 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 DHH SpA. This is near median its historical median of 1.58. Over the past decade, DHH SpA's Debt-to-EBITDA has ranged from 0.26 to 3.09. According to the industry distribution chart, DHH SpA ranks #998 out of 1725 companies in the Software industry, placing it in the top 57.9%.
Is DHH SpA's Debt-to-EBITDA too high?
DHH SpA's current Debt-to-EBITDA of 1.46 is near median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 3.09. The Software industry median Debt-to-EBITDA is 1.09. DHH SpA's value of 1.46 is 33.9% above this industry median. Based on the distribution chart, DHH SpA ranks #998 out of 1725 companies in the Software industry, which is below the industry midpoint. Overall, DHH SpA has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DHH SpA's Debt-to-EBITDA compare to MSFT and ORCL?
According to the Software industry distribution chart, DHH SpA ranks #998 out of 1725 companies for Debt-to-EBITDA. This places DHH SpA in the lower half of its industry. The industry median Debt-to-EBITDA is 1.09. DHH SpA's value of 1.46 is 33.9% above this benchmark. Historically, DHH SpA's own Debt-to-EBITDA has ranged from 0.26 to 3.09 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 1.09, DHH 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.09, 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. DHH SpA's current Debt-to-EBITDA of 1.46 is 33.9% 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 DHH SpA. For the Software industry, the median Debt-to-EBITDA is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHH SpA's current Debt-to-EBITDA is 1.46, which is near median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHH SpA stock overvalued right now?
Based on GuruFocus' analysis, DHH SpA (MIL:DHH) is currently considered Fairly Valued. The stock's GF Value™ is €25.57, compared to a current price of €27.40 — trading 7.2% above its estimated fair value. The current Debt-to-EBITDA is 1.46, which is near median its 10-year median of 1.58 and 33.9% above the Software industry median of 1.09. DHH SpA's overall GF Score™ is 84/100 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 DHH SpA (MIL:DHH), the current Debt-to-EBITDA is 1.46 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 DHH SpA (MIL:DHH) Overvalued in 2026?
Based on GuruFocus' analysis, DHH SpA stock appears to be overvalued.
The current stock price of €27.40 is trading 7.2% above its estimated GF Value™ of €25.57.
GuruFocus considers DHH SpA to be Fairly Valued.
Key valuation signals for MIL:DHH:
Debt-to-EBITDA: 1.46 (near median its 10-year median of 1.58)
GF Value™: €25.57 vs. price of €27.40 (7.2% above fair value)
Industry Position: 33.9% above the Software median (#998 of 1725)
No single metric tells the full story. See the MIL:DHH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DHH SpA is a technology group dedicated to developing digital infrastructure in Southern Europe. It specializes in providing the technology needed to run websites, apps, e-commerce platforms, and Software as a Service (SaaS) solutions. The Group's operating segments are: Cloud computing, Cloud Hosting, Business connectivity, Datacenter & Networking, and Managed IT Services. The majority of its revenue is generated from the Cloud computing segment, which is engaged in the sales of servers, storage, networks, and SaaS (Software as a Service) sales of applications and software platforms as a service. Geographically, it derives maximum revenue from Italy, and the rest from Slovenia, Croatia, Serbia, Switzerland, and Bulgaria.
84GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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