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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 Bharat Dynamics's Debt-to-EBITDA or its related term are showing as below:
During the past 13 years, the highest Debt-to-EBITDA Ratio of Bharat Dynamics was 0.02. The lowest was 0.00. And the median was 0.01.
NSE:BDL's Debt-to-EBITDA is not ranked *
in the Aerospace & Defense industry.
Industry Median: 1.74 * Ranked among companies with meaningful Debt-to-EBITDA only.
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.
Bharat Dynamics Debt-to-EBITDA Related Terms
Bharat Dynamics Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Bharat Dynamics'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.
NSE:BDL vs SPCX, GE, RTX: Debt-to-EBITDA Comparison
For the Aerospace & Defense subindustry, Bharat Dynamics'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.
Bharat Dynamics Debt-to-EBITDA vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Bharat Dynamics's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Bharat Dynamics'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 (Jun. 2026) EBITDA data.
Bharat Dynamics (NSE:BDL) has a Debt-to-EBITDA of 0.00 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Bharat Dynamics. According to the industry distribution chart, Bharat Dynamics ranks #999999 out of 255 companies in the Aerospace & Defense industry.
Is Bharat Dynamics' Debt-to-EBITDA too high?
Bharat Dynamics' current Debt-to-EBITDA is 0.00. Based on the distribution chart, Bharat Dynamics ranks #999999 out of 255 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Bharat Dynamics has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharat Dynamics' Debt-to-EBITDA compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Bharat Dynamics ranks #999999 out of 255 companies for Debt-to-EBITDA. This places Bharat Dynamics in the lower half of its industry. The industry median Debt-to-EBITDA is 1.74. 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 255 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. 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 Bharat Dynamics. 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. Bharat Dynamics's current Debt-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Dynamics stock overvalued right now?
Based on GuruFocus' analysis, Bharat Dynamics (NSE:BDL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,417.24, compared to a current price of ₹1,363.00 — trading 3.8% below its estimated fair value. The current Debt-to-EBITDA is 0.00. Bharat Dynamics' overall GF Score™ is 86/100 with 5 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 Bharat Dynamics (NSE:BDL), the current Debt-to-EBITDA is 0.00 as of Jun. 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 Bharat Dynamics (NSE:BDL) Overvalued in 2026?
Based on GuruFocus' analysis, Bharat Dynamics stock appears to be undervalued.
The current stock price of ₹1,363.00 is trading 3.8% below its estimated GF Value™ of ₹1,417.24.
GuruFocus considers Bharat Dynamics to be Fairly Valued.
Key valuation signals for NSE:BDL:
Debt-to-EBITDA: 0.00
GF Value™: ₹1,417.24 vs. price of ₹1,363.00 (3.8% below fair value)
No single metric tells the full story. See the NSE:BDL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharat Dynamics Ltd is engaged in the manufacturing of Missiles and allied Defence equipment. The Company provides the majority of its goods and services to the Indian Armed Forces and the Government of India. Its products comprise Milan-2T ATGM, Helina, Astra Weapon System, FLAME, Anti-Submarine Warfare Suite (ASW SUITE), Astra Weapon Systemothers, and Others.
86GF Score
Get the complete analysis for NSE:BDL
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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