Technical Publications Service SpA (MIL:TPS) Debt-to-EBITDA : 0.29 (As of Dec. 2025) — 15% Below Median

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MIL:TPS Technical Publications Service SpA MIL:TPS
94 GF Score
Price €8.30
GF Value €7.25
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Technical Publications Service SpA Debt-to-EBITDA?

Technical Publications Service SpA MIL:TPS +1.22% 94 Debt-to-EBITDA is 0.29 as of Dec. 2025, which is 15% below its 10-year median of 0.34. GuruFocus rates MIL:TPS with a GF Score™ of 94/100 and a GF Value™ of €7.25 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 870 Transportation companies, Technical Publications Service SpA ranks better than 92.64% on this metric.

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

Technical Publications Service SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €1.07 Mil. Technical Publications Service SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €1.57 Mil. Technical Publications Service SpA's annualized EBITDA for the quarter that ended in Dec. 2025 was €9.24 Mil. Technical Publications Service SpA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 0.29.

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

MIL:TPS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.23   Med: 0.34   Max: 0.4
Current: 0.29

During the past 11 years, the highest Debt-to-EBITDA Ratio of Technical Publications Service SpA was 0.40. The lowest was 0.23. And the median was 0.34.

MIL:TPS's Debt-to-EBITDA is ranked better than
92.64% of 870 companies
in the Transportation industry
Industry Median: 2.645 vs MIL:TPS: 0.29

Technical Publications Service SpA  (MIL:TPS) 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.


Technical Publications Service SpA Debt-to-EBITDA Related Terms


Technical Publications Service SpA Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Technical Publications Service 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.

Technical Publications Service SpA Debt-to-EBITDA Chart

Technical Publications Service SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.37 0.23 0.29

Technical Publications Service SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.33 0.19 0.21 0.32 0.29

MIL:TPS vs JOBY, CAAP: Debt-to-EBITDA Comparison

For the Airports & Air Services subindustry, Technical Publications Service 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.


Technical Publications Service SpA Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Technical Publications Service SpA's Debt-to-EBITDA distribution charts can be found below:

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


MIL:TPS
94GF Score
Technical Publications Service SpA MIL:TPS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Technical Publications Service SpA Debt-to-EBITDA Calculation

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

Technical Publications Service SpA's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.071 + 1.567) / 9.054
=0.29

Technical Publications Service SpA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.071 + 1.567) / 9.242
=0.29

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.29 mean?
Technical Publications Service SpA (MIL:TPS) has a Debt-to-EBITDA of 0.29 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 Technical Publications Service SpA. This is 15% below median its historical median of 0.34. Over the past decade, Technical Publications Service SpA's Debt-to-EBITDA has ranged from 0.23 to 0.40. According to the industry distribution chart, Technical Publications Service SpA ranks #64 out of 870 companies in the Transportation industry, placing it in the top 7.4%.
Is Technical Publications Service SpA's Debt-to-EBITDA too high?
Technical Publications Service SpA's current Debt-to-EBITDA of 0.29 is 15% below median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.40. The Transportation industry median Debt-to-EBITDA is 2.65. Technical Publications Service SpA's value of 0.29 is 89% below this industry median. Based on the distribution chart, Technical Publications Service SpA ranks #64 out of 870 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Technical Publications Service SpA has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Technical Publications Service SpA's Debt-to-EBITDA compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Technical Publications Service SpA ranks #64 out of 870 companies for Debt-to-EBITDA. This places Technical Publications Service SpA in the top 7% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.65. Technical Publications Service SpA's value of 0.29 is 89% below this benchmark. Historically, Technical Publications Service SpA's own Debt-to-EBITDA has ranged from 0.23 to 0.40 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 2.65, Technical Publications Service 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 Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.65, based on 870 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. Technical Publications Service SpA's current Debt-to-EBITDA of 0.29 is 89% 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 Technical Publications Service SpA. For the Transportation industry, the median Debt-to-EBITDA is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technical Publications Service SpA's current Debt-to-EBITDA is 0.29, which is 15% below median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technical Publications Service SpA stock overvalued right now?
Based on GuruFocus' analysis, Technical Publications Service SpA (MIL:TPS) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.25, compared to a current price of €8.30 — trading 14.5% above its estimated fair value. The current Debt-to-EBITDA is 0.29, which is 15% below median its 10-year median of 0.34 and 89% below the Transportation industry median of 2.65. Technical Publications Service SpA's overall GF Score™ is 94/100 with 4 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 Technical Publications Service SpA (MIL:TPS), the current Debt-to-EBITDA is 0.29 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 Technical Publications Service SpA (MIL:TPS) Overvalued in 2026?

Based on GuruFocus' analysis, Technical Publications Service SpA stock appears to be overvalued. The current stock price of €8.30 is trading 14.5% above its estimated GF Value™ of €7.25. GuruFocus considers Technical Publications Service SpA to be Modestly Overvalued.

Key valuation signals for MIL:TPS:

  • Debt-to-EBITDA: 0.29 (15% below median its 10-year median of 0.34)
  • GF Value™: €7.25 vs. price of €8.30 (14.5% above fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 89% below the Transportation median (#64 of 870)

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


Technical Publications Service SpA Business Description

Address Via Lazzaretto 12/C, Gallarate, ITA, 21013
Technical Publications Service SpA provides technical publications services to the aerospace industry. The company creates logistical support, use and maintenance manuals, spare parts catalogs, after-sales support documents, etc.
94GF Score

Get the complete analysis for MIL:TPS

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

€8.30
Price
€7.25
GF Value