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Novamarine SpAMIL:NOVA 18 Debt-to-EBITDA is 3.50 as of Dec. 2025, which is 14% above its 10-year median of 3.06. GuruFocus rates MIL:NOVA with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,096 Vehicles & Parts companies, Novamarine SpA ranks better than 50.82% 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 Novamarine SpA's Debt-to-EBITDA or its related term are showing as below:
MIL:NOVA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.21 Med: 3.06 Max: 5.58
Current: 2.21
During the past 5 years, the highest Debt-to-EBITDA Ratio of Novamarine SpA was 5.58. The lowest was 2.21. And the median was 3.06.
MIL:NOVA's Debt-to-EBITDA is ranked better than 50.82% of 1096
companies
in the Vehicles & Parts industry
Industry Median: 2.25
vs MIL:NOVA: 2.21
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.
Novamarine SpA Debt-to-EBITDA Related Terms
Novamarine SpA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Novamarine 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:NOVA vs BC, PII, THO: Debt-to-EBITDA Comparison
For the Recreational Vehicles subindustry, Novamarine 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.
Novamarine SpA Debt-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Novamarine SpA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Novamarine 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.
Novamarine SpA (MIL:NOVA) has a Debt-to-EBITDA of 3.50 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 Novamarine SpA. This is 14% above median its historical median of 3.06. Over the past decade, Novamarine SpA's Debt-to-EBITDA has ranged from 2.21 to 5.58. According to the industry distribution chart, Novamarine SpA ranks #539 out of 1096 companies in the Vehicles & Parts industry, placing it in the top 49.2%.
Is Novamarine SpA's Debt-to-EBITDA too high?
Novamarine SpA's current Debt-to-EBITDA of 3.50 is 14% above median its 10-year median of 3.06. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 5.58. The Vehicles & Parts industry median Debt-to-EBITDA is 2.25. Novamarine SpA's value of 3.50 is 55.6% above this industry median. Based on the distribution chart, Novamarine SpA ranks #539 out of 1096 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Novamarine SpA has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Novamarine SpA's Debt-to-EBITDA compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Novamarine SpA ranks #539 out of 1096 companies for Debt-to-EBITDA. This puts Novamarine SpA in the upper half of its industry. The industry median Debt-to-EBITDA is 2.25. Novamarine SpA's value of 3.50 is 55.6% above this benchmark. Historically, Novamarine SpA's own Debt-to-EBITDA has ranged from 2.21 to 5.58 over the past decade. While the company's 10-year median is 3.06 vs. the industry median of 2.25, Novamarine 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 Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.25, based on 1,096 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. Novamarine SpA's current Debt-to-EBITDA of 3.50 is 55.6% 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 Novamarine SpA. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novamarine SpA's current Debt-to-EBITDA is 3.50, which is 14% above median its own 10-year median of 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novamarine SpA stock overvalued right now?
Novamarine SpA (MIL:NOVA) has a current Debt-to-EBITDA of 3.50. The current Debt-to-EBITDA is 3.50, which is 14% above median its 10-year median of 3.06 and 55.6% above the Vehicles & Parts industry median of 2.25. Novamarine SpA's overall GF Score™ is 18/100 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 Novamarine SpA (MIL:NOVA), the current Debt-to-EBITDA is 3.50 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.
Novamarine SpA is a company active in the design, production and marketing of high-performance pleasure boats in the pleasure and professional segments.
18GF Score
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