Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Ivision Tech SpAMIL:IVN -1.37%26 Debt-to-EBITDA is 3.37 as of Dec. 2025, which is 2% above its 10-year median of 3.31. GuruFocus rates MIL:IVN with a GF Score™ of 26/100 and a GF Value™ of €3.19 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 815 Manufacturing - Apparel & Accessories companies, Ivision Tech SpA ranks worse than 56.93% 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 Ivision Tech SpA's Debt-to-EBITDA or its related term are showing as below:
MIL:IVN'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.72 Med: 3.31 Max: 3.93
Current: 3.31
During the past 5 years, the highest Debt-to-EBITDA Ratio of Ivision Tech SpA was 3.93. The lowest was 1.72. And the median was 3.31.
MIL:IVN's Debt-to-EBITDA is ranked worse than 56.93% of 815
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.75
vs MIL:IVN: 3.31
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.
Ivision Tech SpA Debt-to-EBITDA Related Terms
Ivision Tech SpA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Ivision Tech 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:IVN vs NKE, DECK, ONON: Debt-to-EBITDA Comparison
For the Footwear & Accessories subindustry, Ivision Tech 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.
Ivision Tech SpA Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ivision Tech SpA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ivision Tech 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.
Ivision Tech SpA (MIL:IVN) has a Debt-to-EBITDA of 3.37 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 Ivision Tech SpA. This is near median its historical median of 3.31. Over the past decade, Ivision Tech SpA's Debt-to-EBITDA has ranged from 1.72 to 3.93. According to the industry distribution chart, Ivision Tech SpA ranks #464 out of 815 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 56.9%.
Is Ivision Tech SpA's Debt-to-EBITDA too high?
Ivision Tech SpA's current Debt-to-EBITDA of 3.37 is near median its 10-year median of 3.31. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 3.93. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.75. Ivision Tech SpA's value of 3.37 is 22.5% above this industry median. Based on the distribution chart, Ivision Tech SpA ranks #464 out of 815 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Ivision Tech SpA has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ivision Tech SpA's Debt-to-EBITDA compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ivision Tech SpA ranks #464 out of 815 companies for Debt-to-EBITDA. This places Ivision Tech SpA in the lower half of its industry. The industry median Debt-to-EBITDA is 2.75. Ivision Tech SpA's value of 3.37 is 22.5% above this benchmark. Historically, Ivision Tech SpA's own Debt-to-EBITDA has ranged from 1.72 to 3.93 over the past decade. While the company's 10-year median is 3.31 vs. the industry median of 2.75, Ivision Tech 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.75, based on 815 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. Ivision Tech SpA's current Debt-to-EBITDA of 3.37 is 22.5% 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 Ivision Tech SpA. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ivision Tech SpA's current Debt-to-EBITDA is 3.37, which is near median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ivision Tech SpA stock overvalued right now?
Based on GuruFocus' analysis, Ivision Tech SpA (MIL:IVN) is currently considered Possible Value Trap. The stock's GF Value™ is €3.19, compared to a current price of €1.44 — trading 55% below its estimated fair value. The current Debt-to-EBITDA is 3.37, which is near median its 10-year median of 3.31 and 22.5% above the Manufacturing - Apparel & Accessories industry median of 2.75. Ivision Tech SpA's overall GF Score™ is 26/100 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 Ivision Tech SpA (MIL:IVN), the current Debt-to-EBITDA is 3.37 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 Ivision Tech SpA (MIL:IVN) Overvalued in 2026?
Based on GuruFocus' analysis, Ivision Tech SpA stock appears to be undervalued.
The current stock price of €1.44 is trading 55% below its estimated GF Value™ of €3.19.
GuruFocus considers Ivision Tech SpA to be Possible Value Trap.
Key valuation signals for MIL:IVN:
Debt-to-EBITDA: 3.37 (near median its 10-year median of 3.31)
GF Value™: €3.19 vs. price of €1.44 (55% below fair value)
Industry Position: 22.5% above the Manufacturing - Apparel & Accessories median (#464 of 815)
No single metric tells the full story. See the MIL:IVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ivision Tech SpA is an SME active in the sector of design and production of eyeglass frames, prescription and sunglasses, in acetate and combined, representing a reality of excellence in Made in Italy manufacturing. The company operates in two divisions: iVision Eyewear and iVision R&D. iVision Eyewear is active in the design, development of prototypes, industrialization, and mass production phases of acetate eyewear, for which it uses cutting-edge machinery and software. iVision R&D is active in research and development with the aiming of applying increasingly advance technologies to eyewear.
26GF Score
Get the complete analysis for MIL:IVN
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:IVN has been successfully added to your 
