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Felix IndustriesNSE:FELIX +2.80%79 Debt-to-EBITDA is 0.91 as of Mar. 2026, which is 5% below its 10-year median of 0.96. GuruFocus rates NSE:FELIX with a GF Score™ of 79/100 and a GF Value™ of ₹304.40 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 170 Waste Management companies, Felix Industries ranks better than 80% 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 Felix Industries's Debt-to-EBITDA or its related term are showing as below:
NSE:FELIX'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.44 Med: 0.96 Max: 2.49
Current: 1.06
During the past 13 years, the highest Debt-to-EBITDA Ratio of Felix Industries was 2.49. The lowest was -7.44. And the median was 0.96.
NSE:FELIX's Debt-to-EBITDA is ranked better than 80% of 170
companies
in the Waste Management industry
Industry Median: 3.03
vs NSE:FELIX: 1.06
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.
Felix Industries Debt-to-EBITDA Related Terms
Felix Industries Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Felix Industries'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:FELIX vs WM, RSG, WCN: Debt-to-EBITDA Comparison
For the Waste Management subindustry, Felix Industries'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.
Felix Industries Debt-to-EBITDA vs Waste Management Industry
For the Waste Management industry and Industrials sector, Felix Industries's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Felix Industries'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.
Felix Industries (NSE:FELIX) has a Debt-to-EBITDA of 0.91 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 Felix Industries. This is near median its historical median of 0.96. According to the industry distribution chart, Felix Industries ranks #34 out of 170 companies in the Waste Management industry, placing it in the top 20%.
Is Felix Industries' Debt-to-EBITDA too high?
Felix Industries' current Debt-to-EBITDA of 0.91 is near median its 10-year median of 0.96. The Waste Management industry median Debt-to-EBITDA is 3.03. Felix Industries' value of 0.91 is 70% below this industry median. Based on the distribution chart, Felix Industries ranks #34 out of 170 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Felix Industries has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Felix Industries' Debt-to-EBITDA compare to WM and RSG?
According to the Waste Management industry distribution chart, Felix Industries ranks #34 out of 170 companies for Debt-to-EBITDA. This places Felix Industries in the top 20% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 3.03. Felix Industries' value of 0.91 is 70% below this benchmark. While the company's 10-year median is 0.96 vs. the industry median of 3.03, Felix Industries 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 Waste Management company?
The median Debt-to-EBITDA among Waste Management companies is 3.03, based on 170 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. Felix Industries's current Debt-to-EBITDA of 0.91 is 70% 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 Felix Industries. For the Waste Management industry, the median Debt-to-EBITDA is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Felix Industries's current Debt-to-EBITDA is 0.91, which is near median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Felix Industries stock overvalued right now?
Based on GuruFocus' analysis, Felix Industries (NSE:FELIX) is currently considered Possible Value Trap. The stock's GF Value™ is ₹304.40, compared to a current price of ₹185.65 — trading 39% below its estimated fair value. The current Debt-to-EBITDA is 0.91, which is near median its 10-year median of 0.96 and 70% below the Waste Management industry median of 3.03. Felix Industries' overall GF Score™ is 79/100 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 Felix Industries (NSE:FELIX), the current Debt-to-EBITDA is 0.91 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 Felix Industries (NSE:FELIX) Overvalued in 2026?
Based on GuruFocus' analysis, Felix Industries stock appears to be undervalued.
The current stock price of ₹185.65 is trading 39% below its estimated GF Value™ of ₹304.40.
GuruFocus considers Felix Industries to be Possible Value Trap.
Key valuation signals for NSE:FELIX:
Debt-to-EBITDA: 0.91 (near median its 10-year median of 0.96)
GF Value™: ₹304.40 vs. price of ₹185.65 (39% below fair value)
Industry Position: 70% below the Waste Management median (#34 of 170)
No single metric tells the full story. See the NSE:FELIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Felix Industries Ltd is an Indian company engaged in water collection, treatment, and supply. It offers solutions for water and wastewater management by way of Reverse Osmosis Systems, Effluent Recycling Systems, and Zero Liquid Discharge Systems. The company provides services in the areas of water and wastewater engineering, industrial piping division, and E-waste recycling. The group operates in two different geographical territories, i.e., India and Oman. It generates the majority of its revenue within India.
79GF Score
Get the complete analysis for NSE:FELIX
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