OVS SpA (MIL:OVS) Debt-to-EBITDA : 3.15 (As of Jan. 2026) — 12% Below Median

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MIL:OVS OVS SpA MIL:OVS
62 GF Score
Price €6.26
GF Value €3.42
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is OVS SpA Debt-to-EBITDA?

OVS SpA MIL:OVS +1.87% 62 Debt-to-EBITDA is 3.15 as of Jan. 2026, which is 12% below its 10-year median of 3.58. GuruFocus rates MIL:OVS with a GF Score™ of 62/100 and a GF Value™ of €3.42 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 815 Manufacturing - Apparel & Accessories companies, OVS SpA ranks worse than 59.63% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

OVS SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was €197 Mil. OVS SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was €1,216 Mil. OVS SpA's annualized EBITDA for the quarter that ended in Jan. 2026 was €448 Mil. OVS SpA's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2026 was 3.15.

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 OVS SpA's Debt-to-EBITDA or its related term are showing as below:

MIL:OVS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.2   Med: 3.58   Max: 7.18
Current: 3.51

During the past 13 years, the highest Debt-to-EBITDA Ratio of OVS SpA was 7.18. The lowest was 2.20. And the median was 3.58.

MIL:OVS's Debt-to-EBITDA is ranked worse than
59.63% of 815 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.75 vs MIL:OVS: 3.51

OVS SpA  (MIL:OVS) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


OVS SpA Debt-to-EBITDA Related Terms


OVS SpA Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for OVS 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.

OVS SpA Debt-to-EBITDA Chart

OVS SpA Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.77 3.17 2.82 2.74 3.51

OVS SpA Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.75 3.82 2.59 4.22 3.15

MIL:OVS vs RL, LEVI, VFC: Debt-to-EBITDA Comparison

For the Apparel Manufacturing subindustry, OVS 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.


OVS SpA Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, OVS SpA's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where OVS SpA's Debt-to-EBITDA falls into.


MIL:OVS
62GF Score
OVS SpA MIL:OVS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OVS SpA Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

OVS SpA's Debt-to-EBITDA for the fiscal year that ended in Jan. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(197.264 + 1216.075) / 402.79
=3.51

OVS SpA's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(197.264 + 1216.075) / 448.482
=3.15

* 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 (Jan. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.15 mean?
OVS SpA (MIL:OVS) has a Debt-to-EBITDA of 3.15 as of Jan. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on OVS SpA. This is 12% below median its historical median of 3.58. Over the past decade, OVS SpA's Debt-to-EBITDA has ranged from 2.20 to 7.18. According to the industry distribution chart, OVS SpA ranks #486 out of 815 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 59.6%.
Is OVS SpA's Debt-to-EBITDA too high?
OVS SpA's current Debt-to-EBITDA of 3.15 is 12% below median its 10-year median of 3.58. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 7.18. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.75. OVS SpA's value of 3.15 is 14.5% above this industry median. Based on the distribution chart, OVS SpA ranks #486 out of 815 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, OVS SpA has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OVS SpA's Debt-to-EBITDA compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, OVS SpA ranks #486 out of 815 companies for Debt-to-EBITDA. This places OVS SpA in the lower half of its industry. The industry median Debt-to-EBITDA is 2.75. OVS SpA's value of 3.15 is 14.5% above this benchmark. Historically, OVS SpA's own Debt-to-EBITDA has ranged from 2.20 to 7.18 over the past decade. While the company's 10-year median is 3.58 vs. the industry median of 2.75, OVS 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. OVS SpA's current Debt-to-EBITDA of 3.15 is 14.5% 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 OVS 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. OVS SpA's current Debt-to-EBITDA is 3.15, which is 12% below median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OVS SpA stock overvalued right now?
Based on GuruFocus' analysis, OVS SpA (MIL:OVS) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.42, compared to a current price of €6.26 — trading 83% above its estimated fair value. The current Debt-to-EBITDA is 3.15, which is 12% below median its 10-year median of 3.58 and 14.5% above the Manufacturing - Apparel & Accessories industry median of 2.75. OVS SpA's overall GF Score™ is 62/100 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 OVS SpA (MIL:OVS), the current Debt-to-EBITDA is 3.15 as of Jan. 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 OVS SpA (MIL:OVS) Overvalued in 2026?

Based on GuruFocus' analysis, OVS SpA stock appears to be overvalued. The current stock price of €6.26 is trading 83% above its estimated GF Value™ of €3.42. GuruFocus considers OVS SpA to be Significantly Overvalued.

Key valuation signals for MIL:OVS:

  • Debt-to-EBITDA: 3.15 (12% below median its 10-year median of 3.58)
  • GF Value™: €3.42 vs. price of €6.26 (83% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 14.5% above the Manufacturing - Apparel & Accessories median (#486 of 815)

No single metric tells the full story. See the MIL:OVS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OVS SpA Business Description

Other Exchanges 0R5R:UK0OV1:Germany
Address Via Terraglio 17, Venice - Mestre, ITA, 30174
OVS SpA is an Italian fashion retailer. The company develops and markets menswear, womenswear and children's wear. Its operating segment includes OVS, UPIM and Sempione Fashion. OVS segment offers stylish and high-quality clothing at competitive prices focusing on the latest trends and fashion. Its UPIM segment offers women's, men's and children's clothing products, homeware and fragrance, The company generates maximum revenue from the OVS segment. Geographically, it has a presence in Italy, Bangladesh, China, Hong Kong, India, Pakistan, Turkey, Spain, Croatia, and Serbia.
62GF Score

Get the complete analysis for MIL:OVS

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.26
Price
€3.42
GF Value