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Argo Defence Group ABNGM:ARGO +1.32%11 Debt-to-EBITDA is 1.69 as of Dec. 2025, which is 576% above its 10-year median of 0.25. GuruFocus rates NGM:ARGO with a GF Score™ of 11/100. Among 254 Aerospace & Defense companies, Argo Defence Group AB ranks better than 51.97% 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 Argo Defence Group AB's Debt-to-EBITDA or its related term are showing as below:
NGM:ARGO'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.23 Med: 0.25 Max: 1.69
Current: 1.69
During the past 3 years, the highest Debt-to-EBITDA Ratio of Argo Defence Group AB was 1.69. The lowest was -1.23. And the median was 0.25.
NGM:ARGO's Debt-to-EBITDA is ranked better than 51.97% of 254
companies
in the Aerospace & Defense industry
Industry Median: 1.735
vs NGM:ARGO: 1.69
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.
Argo Defence Group AB Debt-to-EBITDA Related Terms
Argo Defence Group AB Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Argo Defence Group AB'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.
Argo Defence Group AB Debt-to-EBITDA Chart
Argo Defence Group AB Annual Data
Trend
Dec23
Dec24
Dec25
Debt-to-EBITDA
-1.23
0.25
1.69
Argo Defence Group AB Semi-Annual Data
Dec23
Dec24
Dec25
Debt-to-EBITDA
-1.23
0.25
1.69
NGM:ARGO vs SPCX, GE, RTX: Debt-to-EBITDA Comparison
For the Aerospace & Defense subindustry, Argo Defence Group AB'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.
Argo Defence Group AB Debt-to-EBITDA vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Argo Defence Group AB's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Argo Defence Group AB'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 one times the quarterly (Dec. 2025) EBITDA data.
Argo Defence Group AB (NGM:ARGO) has a Debt-to-EBITDA of 1.69 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 Argo Defence Group AB. This is 576% above median its historical median of 0.25. According to the industry distribution chart, Argo Defence Group AB ranks #122 out of 254 companies in the Aerospace & Defense industry, placing it in the top 48%.
Is Argo Defence Group AB's Debt-to-EBITDA too high?
Argo Defence Group AB's current Debt-to-EBITDA of 1.69 is 576% above median its 10-year median of 0.25. The Aerospace & Defense industry median Debt-to-EBITDA is 1.74. Argo Defence Group AB's value of 1.69 is 2.6% below this industry median. Based on the distribution chart, Argo Defence Group AB ranks #122 out of 254 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Argo Defence Group AB has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Argo Defence Group AB's Debt-to-EBITDA compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Argo Defence Group AB ranks #122 out of 254 companies for Debt-to-EBITDA. This puts Argo Defence Group AB in the upper half of its industry. The industry median Debt-to-EBITDA is 1.74. Argo Defence Group AB's value of 1.69 is 2.6% below this benchmark. While the company's 10-year median is 0.25 vs. the industry median of 1.74, Argo Defence Group AB 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 an Aerospace & Defense company?
The median Debt-to-EBITDA among Aerospace & Defense companies is 1.74, based on 254 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. Argo Defence Group AB's current Debt-to-EBITDA of 1.69 is 2.6% 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 Argo Defence Group AB. For the Aerospace & Defense industry, the median Debt-to-EBITDA is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Defence Group AB's current Debt-to-EBITDA is 1.69, which is 576% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Defence Group AB stock overvalued right now?
Argo Defence Group AB (NGM:ARGO) has a current Debt-to-EBITDA of 1.69. The current Debt-to-EBITDA is 1.69, which is 576% above median its 10-year median of 0.25 and 2.6% below the Aerospace & Defense industry median of 1.74. Argo Defence Group AB's overall GF Score™ is 11/100. 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 Argo Defence Group AB (NGM:ARGO), the current Debt-to-EBITDA is 1.69 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.
Argo Defence Group AB is a defence company. The company is focused on providing materiel, technology, and system solutions to strengthen military and civil defence sectors. The company operates in three areas namely, Defence Materiel, Counter-Explosive Risk Solutions, and Airfield Operations. The Defence Materiel develops equipment and systems for national defence and civil protection; Counter-Explosive Risk Solutions handles mine clearance, risk management, and safe munitions destruction; and Airfield Operations builds technical systems for airports and high-security sites.
11GF Score
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