Dev Information TechnologyNSE:DEVIT -0.29%74 Debt-to-EBITDA is 1.52 as of Mar. 2026, which is 33% above its 10-year median of 1.14. GuruFocus rates NSE:DEVIT with a GF Score™ of 74/100 and a GF Value™ of ₹56.87 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,706 Software companies, Dev Information Technology ranks better than 73.51% 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 Dev Information Technology's Debt-to-EBITDA or its related term are showing as below:
NSE:DEVIT'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.3 Med: 1.14 Max: 3.64
Current: 0.3
During the past 13 years, the highest Debt-to-EBITDA Ratio of Dev Information Technology was 3.64. The lowest was 0.30. And the median was 1.14.
NSE:DEVIT's Debt-to-EBITDA is ranked better than 73.51% of 1706
companies
in the Software industry
Industry Median: 1.095
vs NSE:DEVIT: 0.30
Dev Information Technology (NSE:DEVIT) Debt-to-EBITDA Explanation
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.
Dev Information Technology Debt-to-EBITDA Related Terms
Dev Information Technology Debt-to-EBITDA Historical Data
* 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:DEVIT vs IBM, ACN, FISV: Debt-to-EBITDA Comparison
For the Information Technology Services subindustry, Dev Information Technology'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.
Dev Information Technology Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Dev Information Technology's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Dev Information Technology'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.
Dev Information Technology (NSE:DEVIT) has a Debt-to-EBITDA of 1.52 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 Dev Information Technology. This is 33% above median its historical median of 1.14. Over the past decade, Dev Information Technology's Debt-to-EBITDA has ranged from 0.30 to 3.64. According to the industry distribution chart, Dev Information Technology ranks #452 out of 1706 companies in the Software industry, placing it in the top 26.5%.
Is Dev Information Technology's Debt-to-EBITDA too high?
Dev Information Technology's current Debt-to-EBITDA of 1.52 is 33% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 3.64. The Software industry median Debt-to-EBITDA is 1.10. Dev Information Technology's value of 1.52 is 38.8% above this industry median. Based on the distribution chart, Dev Information Technology ranks #452 out of 1706 companies in the Software industry, which is above the industry midpoint. Overall, Dev Information Technology has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dev Information Technology's Debt-to-EBITDA compare to IBM and ACN?
According to the Software industry distribution chart, Dev Information Technology ranks #452 out of 1706 companies for Debt-to-EBITDA. This puts Dev Information Technology in the upper half of its industry. The industry median Debt-to-EBITDA is 1.10. Dev Information Technology's value of 1.52 is 38.8% above this benchmark. Historically, Dev Information Technology's own Debt-to-EBITDA has ranged from 0.30 to 3.64 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.10, Dev Information Technology 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.10, based on 1,706 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. Dev Information Technology's current Debt-to-EBITDA of 1.52 is 38.8% 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 Dev Information Technology. For the Software industry, the median Debt-to-EBITDA is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Information Technology's current Debt-to-EBITDA is 1.52, which is 33% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Information Technology stock overvalued right now?
Based on GuruFocus' analysis, Dev Information Technology (NSE:DEVIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.87, compared to a current price of ₹27.55 — trading 51.6% below its estimated fair value. The current Debt-to-EBITDA is 1.52, which is 33% above median its 10-year median of 1.14 and 38.8% above the Software industry median of 1.10. Dev Information Technology's overall GF Score™ is 74/100 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 Dev Information Technology (NSE:DEVIT), the current Debt-to-EBITDA is 1.52 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 Dev Information Technology (NSE:DEVIT) Overvalued in 2026?
Based on GuruFocus' analysis, Dev Information Technology stock appears to be undervalued.
The current stock price of ₹27.55 is trading 51.6% below its estimated GF Value™ of ₹56.87.
GuruFocus considers Dev Information Technology to be Possible Value Trap.
Key valuation signals for NSE:DEVIT:
Debt-to-EBITDA: 1.52 (33% above median its 10-year median of 1.14)
GF Value™: ₹56.87 vs. price of ₹27.55 (51.6% below fair value)
Industry Position: 38.8% above the Software median (#452 of 1706)
No single metric tells the full story. See the NSE:DEVIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services and licensing among others. It operates in a single segment being IT and IT enabled services.
74GF Score
Get the complete analysis for NSE:DEVIT
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