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Reply SpAMIL:REY +3.15%82 Debt-to-EBITDA is 0.28 as of Mar. 2026, which is 53% below its 10-year median of 0.60. GuruFocus rates MIL:REY with a GF Score™ of 82/100 and a GF Value™ of €147.36 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,725 Software companies, Reply SpA ranks better than 74.09% 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 Reply SpA's Debt-to-EBITDA or its related term are showing as below:
MIL:REY'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.28 Med: 0.6 Max: 0.85
Current: 0.28
During the past 13 years, the highest Debt-to-EBITDA Ratio of Reply SpA was 0.85. The lowest was 0.28. And the median was 0.60.
MIL:REY's Debt-to-EBITDA is ranked better than 74.09% of 1725
companies
in the Software industry
Industry Median: 1.08
vs MIL:REY: 0.28
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.
Reply SpA Debt-to-EBITDA Related Terms
Reply SpA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Reply 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:REY vs IBM, ACN, FISV: Debt-to-EBITDA Comparison
For the Information Technology Services subindustry, Reply 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.
Reply SpA Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Reply SpA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Reply 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.
Reply SpA (MIL:REY) has a Debt-to-EBITDA of 0.28 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 Reply SpA. This is 53% below median its historical median of 0.60. Over the past decade, Reply SpA's Debt-to-EBITDA has ranged from 0.28 to 0.85. According to the industry distribution chart, Reply SpA ranks #447 out of 1725 companies in the Software industry, placing it in the top 25.9%.
Is Reply SpA's Debt-to-EBITDA too high?
Reply SpA's current Debt-to-EBITDA of 0.28 is 53% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.85. The Software industry median Debt-to-EBITDA is 1.08. Reply SpA's value of 0.28 is 74.1% below this industry median. Based on the distribution chart, Reply SpA ranks #447 out of 1725 companies in the Software industry, which is above the industry midpoint. Overall, Reply SpA has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reply SpA's Debt-to-EBITDA compare to IBM and ACN?
According to the Software industry distribution chart, Reply SpA ranks #447 out of 1725 companies for Debt-to-EBITDA. This puts Reply SpA in the upper half of its industry. The industry median Debt-to-EBITDA is 1.08. Reply SpA's value of 0.28 is 74.1% below this benchmark. Historically, Reply SpA's own Debt-to-EBITDA has ranged from 0.28 to 0.85 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.08, Reply SpA has consistently been below 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.08, based on 1,725 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. Reply SpA's current Debt-to-EBITDA of 0.28 is 74.1% below 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 Reply SpA. For the Software industry, the median Debt-to-EBITDA is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reply SpA's current Debt-to-EBITDA is 0.28, which is 53% below median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reply SpA stock overvalued right now?
Based on GuruFocus' analysis, Reply SpA (MIL:REY) is currently considered Modestly Undervalued. The stock's GF Value™ is €147.36, compared to a current price of €111.50 — trading 24.3% below its estimated fair value. The current Debt-to-EBITDA is 0.28, which is 53% below median its 10-year median of 0.60 and 74.1% below the Software industry median of 1.08. Reply SpA's overall GF Score™ is 82/100 with 3 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 Reply SpA (MIL:REY), the current Debt-to-EBITDA is 0.28 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 Reply SpA (MIL:REY) Overvalued in 2026?
Based on GuruFocus' analysis, Reply SpA stock appears to be undervalued.
The current stock price of €111.50 is trading 24.3% below its estimated GF Value™ of €147.36.
GuruFocus considers Reply SpA to be Modestly Undervalued.
Key valuation signals for MIL:REY:
Debt-to-EBITDA: 0.28 (53% below median its 10-year median of 0.60)
GF Value™: €147.36 vs. price of €111.50 (24.3% below fair value)
Industry Position: 74.1% below the Software median (#447 of 1725)
No single metric tells the full story. See the MIL:REY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reply SpA specialises in consulting, digital services, and the integration of processes, applications, and devices. Reply serves clients in the telecommunication and media, banking, insurance, financial, industry and services, energy and utilities, and public administration industries. The company provides its services mainly through platforms such as X-Rais Reply, Discovery Reply, Brick Reply, TamTamy, and SideUp Reply. Reply researches, selects, and markets solutions through channels such as data analysis, digital communication, e-commerce, mobile, and social media. Its business segments are defined based on geographical areas of operation and include Region 1 (including Italy, USA, Brazil, Poland, Romania, and Nanjing), which derives key revenue, Region 2, Region 3, and IoT Incubator.
82GF Score
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