Foce India (NSE:FOCE) Debt-to-EBITDA : 1.35 (As of Sep. 2025) — 101% Above Median

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NSE:FOCE Foce India Ltd NSE:FOCE
78 GF Score
Price ₹537.00
GF Value ₹752.75
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Foce India Debt-to-EBITDA?

Foce India NSE:FOCE 78 Debt-to-EBITDA is 1.35 as of Sep. 2025, which is 101% above its 10-year median of 0.67. GuruFocus rates NSE:FOCE with a GF Score™ of 78/100 and a GF Value™ of ₹752.75 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 910 Retail - Cyclical companies, Foce India ranks better than 62.09% on this metric.

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

Foce India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was ₹426 Mil. Foce India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was ₹0 Mil. Foce India's annualized EBITDA for the quarter that ended in Sep. 2025 was ₹315 Mil. Foce India's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 was 1.35.

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 Foce India's Debt-to-EBITDA or its related term are showing as below:

NSE:FOCE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.07   Med: 0.67   Max: 1.65
Current: 1.65

During the past 7 years, the highest Debt-to-EBITDA Ratio of Foce India was 1.65. The lowest was 0.07. And the median was 0.67.

NSE:FOCE's Debt-to-EBITDA is ranked better than
62.09% of 910 companies
in the Retail - Cyclical industry
Industry Median: 2.28 vs NSE:FOCE: 1.65

Foce India  (NSE:FOCE) 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.


Foce India Debt-to-EBITDA Related Terms


Foce India Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Foce India'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.

Foce India Debt-to-EBITDA Chart

Foce India Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Debt-to-EBITDA
Get a 7-Day Free Trial 0.00 0.15 1.56 1.09 1.60

Foce India Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.86 0.84 1.36 1.50 1.35

NSE:FOCE vs TPR: Debt-to-EBITDA Comparison

For the Luxury Goods subindustry, Foce India'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.


Foce India Debt-to-EBITDA vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Foce India's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Foce India's Debt-to-EBITDA falls into.


NSE:FOCE
78GF Score
Foce India Ltd NSE:FOCE
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Foce India Debt-to-EBITDA Calculation

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

Foce India's Debt-to-EBITDA for the fiscal year that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(300.848 + 0) / 187.542
=1.60

Foce India's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(425.817 + 0) / 315.372
=1.35

* 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 (Sep. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.35 mean?
Foce India (NSE:FOCE) has a Debt-to-EBITDA of 1.35 as of Sep. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Foce India. This is 101% above median its historical median of 0.67. Over the past decade, Foce India's Debt-to-EBITDA has ranged from 0.07 to 1.65. According to the industry distribution chart, Foce India ranks #345 out of 910 companies in the Retail - Cyclical industry, placing it in the top 37.9%.
Is Foce India's Debt-to-EBITDA too high?
Foce India's current Debt-to-EBITDA of 1.35 is 101% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 1.65. The Retail - Cyclical industry median Debt-to-EBITDA is 2.28. Foce India's value of 1.35 is 40.8% below this industry median. Based on the distribution chart, Foce India ranks #345 out of 910 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Foce India has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Foce India's Debt-to-EBITDA compare to TPR?
According to the Retail - Cyclical industry distribution chart, Foce India ranks #345 out of 910 companies for Debt-to-EBITDA. This puts Foce India in the upper half of its industry. The industry median Debt-to-EBITDA is 2.28. Foce India's value of 1.35 is 40.8% below this benchmark. Historically, Foce India's own Debt-to-EBITDA has ranged from 0.07 to 1.65 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 2.28, Foce India 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 Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.28, based on 910 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. Foce India's current Debt-to-EBITDA of 1.35 is 40.8% 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 Foce India. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foce India's current Debt-to-EBITDA is 1.35, which is 101% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foce India stock overvalued right now?
Based on GuruFocus' analysis, Foce India (NSE:FOCE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹752.75, compared to a current price of ₹537.00 — trading 28.7% below its estimated fair value. The current Debt-to-EBITDA is 1.35, which is 101% above median its 10-year median of 0.67 and 40.8% below the Retail - Cyclical industry median of 2.28. Foce India's overall GF Score™ is 78/100 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 Foce India (NSE:FOCE), the current Debt-to-EBITDA is 1.35 as of Sep. 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 Foce India (NSE:FOCE) Overvalued in 2026?

Based on GuruFocus' analysis, Foce India stock appears to be undervalued. The current stock price of ₹537.00 is trading 28.7% below its estimated GF Value™ of ₹752.75. GuruFocus considers Foce India to be Modestly Undervalued.

Key valuation signals for NSE:FOCE:

  • Debt-to-EBITDA: 1.35 (101% above median its 10-year median of 0.67)
  • GF Value™: ₹752.75 vs. price of ₹537.00 (28.7% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 40.8% below the Retail - Cyclical median (#345 of 910)

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


Foce India Business Description

Address Shastri Nagar, 4, Kingston, Lokhandwala Complex, Andheri West, Mumbai, MH, IND, 400053
Foce India Ltd manufactures and imports wrist watches under various brand names. It mainly focuses on offering watches in the mid-range segment with distribution of many retail stores across the country, with an imposing list of clientele in the corporate segment. The company's product portfolio comprises analog watches, automatic watches, multifunction watches, and sunglasses across metal, silicon, and leather categories. The group's operating business segments are: Trading Activities and Renting of Immovable Property. Geographically, it operates only in India.
78GF Score

Get the complete analysis for NSE:FOCE

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

₹537.00
Price
₹752.75
GF Value