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ICOP SpAMIL:ICOP -0.34%16 Debt-to-EBITDA is 2.25 as of Dec. 2025, which is 35% below its 10-year median of 3.45. GuruFocus rates MIL:ICOP with a GF Score™ of 16/100. The stock has 6 warning signs investors should review. Among 1,403 Construction companies, ICOP SpA ranks worse than 58.45% 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 ICOP SpA's Debt-to-EBITDA or its related term are showing as below:
MIL:ICOP'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.52 Med: 3.45 Max: 4.6
Current: 2.89
During the past 4 years, the highest Debt-to-EBITDA Ratio of ICOP SpA was 4.60. The lowest was 1.52. And the median was 3.45.
MIL:ICOP's Debt-to-EBITDA is ranked worse than 58.45% of 1403
companies
in the Construction industry
Industry Median: 2.15
vs MIL:ICOP: 2.89
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.
ICOP SpA Debt-to-EBITDA Related Terms
ICOP SpA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for ICOP 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:ICOP vs PWR, FIX, EME: Debt-to-EBITDA Comparison
For the Engineering & Construction subindustry, ICOP 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.
ICOP SpA Debt-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, ICOP SpA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where ICOP 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.
ICOP SpA (MIL:ICOP) has a Debt-to-EBITDA of 2.25 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 ICOP SpA. This is 35% below median its historical median of 3.45. Over the past decade, ICOP SpA's Debt-to-EBITDA has ranged from 1.52 to 4.60. According to the industry distribution chart, ICOP SpA ranks #820 out of 1403 companies in the Construction industry, placing it in the top 58.4%.
Is ICOP SpA's Debt-to-EBITDA too high?
ICOP SpA's current Debt-to-EBITDA of 2.25 is 35% below median its 10-year median of 3.45. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 4.60. The Construction industry median Debt-to-EBITDA is 2.15. ICOP SpA's value of 2.25 is 4.7% above this industry median. Based on the distribution chart, ICOP SpA ranks #820 out of 1403 companies in the Construction industry, which is below the industry midpoint. Overall, ICOP SpA has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does ICOP SpA's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, ICOP SpA ranks #820 out of 1403 companies for Debt-to-EBITDA. This places ICOP SpA in the lower half of its industry. The industry median Debt-to-EBITDA is 2.15. ICOP SpA's value of 2.25 is 4.7% above this benchmark. Historically, ICOP SpA's own Debt-to-EBITDA has ranged from 1.52 to 4.60 over the past decade. While the company's 10-year median is 3.45 vs. the industry median of 2.15, ICOP 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.15, based on 1,403 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. ICOP SpA's current Debt-to-EBITDA of 2.25 is 4.7% 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 ICOP SpA. For the Construction industry, the median Debt-to-EBITDA is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICOP SpA's current Debt-to-EBITDA is 2.25, which is 35% below median its own 10-year median of 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICOP SpA stock overvalued right now?
ICOP SpA (MIL:ICOP) has a current Debt-to-EBITDA of 2.25. The current Debt-to-EBITDA is 2.25, which is 35% below median its 10-year median of 3.45 and 4.7% above the Construction industry median of 2.15. ICOP SpA's overall GF Score™ is 16/100 with 6 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 ICOP SpA (MIL:ICOP), the current Debt-to-EBITDA is 2.25 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.
ICOP SpA operates domestically and internationally in the construction and engineering works sector. It is engaged in (i) special foundations; (ii) microtunnelling technologies ; (iii) maritime works (specialist works) and carries out, secondarily, (iv) public-private partnership (PPP) works and other infrastructure works.
16GF Score
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