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Seco SpAMIL:IOT +1.72%80 Debt-to-EBITDA is 3.74 as of Mar. 2026, which is 4% above its 10-year median of 3.60. GuruFocus rates MIL:IOT with a GF Score™ of 80/100 and a GF Value™ of €3.10 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,792 Hardware companies, Seco SpA ranks worse than 71.26% 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 Seco SpA's Debt-to-EBITDA or its related term are showing as below:
MIL:IOT'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.5 Med: 3.6 Max: 9.6
Current: 3.75
During the past 8 years, the highest Debt-to-EBITDA Ratio of Seco SpA was 9.60. The lowest was 2.50. And the median was 3.60.
MIL:IOT's Debt-to-EBITDA is ranked worse than 71.26% of 1792
companies
in the Hardware industry
Industry Median: 1.71
vs MIL:IOT: 3.75
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.
Seco SpA Debt-to-EBITDA Related Terms
Seco SpA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Seco 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:IOT vs DELL, ANET, SNDK: Debt-to-EBITDA Comparison
For the Computer Hardware subindustry, Seco 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.
Seco SpA Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Seco SpA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Seco 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.
Seco SpA (MIL:IOT) has a Debt-to-EBITDA of 3.74 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 Seco SpA. This is near median its historical median of 3.60. Over the past decade, Seco SpA's Debt-to-EBITDA has ranged from 2.50 to 9.60. According to the industry distribution chart, Seco SpA ranks #1277 out of 1792 companies in the Hardware industry, placing it in the top 71.3%.
Is Seco SpA's Debt-to-EBITDA too high?
Seco SpA's current Debt-to-EBITDA of 3.74 is near median its 10-year median of 3.60. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 9.60. The Hardware industry median Debt-to-EBITDA is 1.71. Seco SpA's value of 3.74 is 118.7% above this industry median. Based on the distribution chart, Seco SpA ranks #1277 out of 1792 companies in the Hardware industry, which is below the industry midpoint. Overall, Seco SpA has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seco SpA's Debt-to-EBITDA compare to DELL and ANET?
According to the Hardware industry distribution chart, Seco SpA ranks #1277 out of 1792 companies for Debt-to-EBITDA. This places Seco SpA in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. Seco SpA's value of 3.74 is 118.7% above this benchmark. Historically, Seco SpA's own Debt-to-EBITDA has ranged from 2.50 to 9.60 over the past decade. While the company's 10-year median is 3.60 vs. the industry median of 1.71, Seco 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.71, based on 1,792 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. Seco SpA's current Debt-to-EBITDA of 3.74 is 118.7% 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 Seco SpA. For the Hardware industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seco SpA's current Debt-to-EBITDA is 3.74, which is near median its own 10-year median of 3.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seco SpA stock overvalued right now?
Based on GuruFocus' analysis, Seco SpA (MIL:IOT) is currently considered Modestly Overvalued. The stock's GF Value™ is €3.10, compared to a current price of €3.54 — trading 14.2% above its estimated fair value. The current Debt-to-EBITDA is 3.74, which is near median its 10-year median of 3.60 and 118.7% above the Hardware industry median of 1.71. Seco SpA's overall GF Score™ is 80/100 with 8 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 Seco SpA (MIL:IOT), the current Debt-to-EBITDA is 3.74 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 Seco SpA (MIL:IOT) Overvalued in 2026?
Based on GuruFocus' analysis, Seco SpA stock appears to be overvalued.
The current stock price of €3.54 is trading 14.2% above its estimated GF Value™ of €3.10.
GuruFocus considers Seco SpA to be Modestly Overvalued.
Key valuation signals for MIL:IOT:
Debt-to-EBITDA: 3.74 (near median its 10-year median of 3.60)
GF Value™: €3.10 vs. price of €3.54 (14.2% above fair value)
Industry Position: 118.7% above the Hardware median (#1277 of 1792)
No single metric tells the full story. See the MIL:IOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seco SpA is engaged in designing and developing embedded computing solutions and technologies for the digitization of industrial products, focusing on Edge Computing, Internet of Things (IoT), and Artificial Intelligence (AI). The group mainly serves industrial OEMs and system integrators through a business-to-business model, offering both hardware solutions-such as modules, single board computers, and HMI systems-and its proprietary Clea IoT-AI software platform for connectivity, device management, and AI deployment. The company operates through two segments: Seco and Seco NE.
80GF Score
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