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Forge Auto InternationalNSE:FORGEAUTO -1.87%17 Debt-to-EBITDA is 1.93 as of Mar. 2025, which is 29% below its 10-year median of 2.70. GuruFocus rates NSE:FORGEAUTO with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 1,114 Vehicles & Parts companies, Forge Auto International ranks better than 55.66% 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 Forge Auto International's Debt-to-EBITDA or its related term are showing as below:
NSE:FORGEAUTO'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.93 Med: 2.7 Max: 3.15
Current: 1.93
During the past 4 years, the highest Debt-to-EBITDA Ratio of Forge Auto International was 3.15. The lowest was 1.93. And the median was 2.70.
NSE:FORGEAUTO's Debt-to-EBITDA is ranked better than 55.66% of 1114
companies
in the Vehicles & Parts industry
Industry Median: 2.285
vs NSE:FORGEAUTO: 1.93
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.
Forge Auto International Debt-to-EBITDA Related Terms
Forge Auto International 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.
Forge Auto International Debt-to-EBITDA Chart
Forge Auto International Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Debt-to-EBITDA
3.15
2.59
2.81
1.93
Forge Auto International Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Debt-to-EBITDA
3.15
2.59
2.81
1.93
NSE:FORGEAUTO vs ORLY, AZO: Debt-to-EBITDA Comparison
For the Auto Parts subindustry, Forge Auto International'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.
Forge Auto International Debt-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Forge Auto International's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Forge Auto International'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 (Mar. 2025) EBITDA data.
Forge Auto International (NSE:FORGEAUTO) has a Debt-to-EBITDA of 1.93 as of Mar. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Forge Auto International. This is 29% below median its historical median of 2.70. Over the past decade, Forge Auto International's Debt-to-EBITDA has ranged from 1.93 to 3.15. According to the industry distribution chart, Forge Auto International ranks #494 out of 1114 companies in the Vehicles & Parts industry, placing it in the top 44.3%.
Is Forge Auto International's Debt-to-EBITDA too high?
Forge Auto International's current Debt-to-EBITDA of 1.93 is 29% below median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 3.15. The Vehicles & Parts industry median Debt-to-EBITDA is 2.29. Forge Auto International's value of 1.93 is 15.5% below this industry median. Based on the distribution chart, Forge Auto International ranks #494 out of 1114 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Forge Auto International has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Forge Auto International's Debt-to-EBITDA compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Forge Auto International ranks #494 out of 1114 companies for Debt-to-EBITDA. This puts Forge Auto International in the upper half of its industry. The industry median Debt-to-EBITDA is 2.29. Forge Auto International's value of 1.93 is 15.5% below this benchmark. Historically, Forge Auto International's own Debt-to-EBITDA has ranged from 1.93 to 3.15 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 2.29, Forge Auto International 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 Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.29, based on 1,114 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. Forge Auto International's current Debt-to-EBITDA of 1.93 is 15.5% 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 Forge Auto International. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forge Auto International's current Debt-to-EBITDA is 1.93, which is 29% below median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forge Auto International stock overvalued right now?
Forge Auto International (NSE:FORGEAUTO) has a current Debt-to-EBITDA of 1.93. The current Debt-to-EBITDA is 1.93, which is 29% below median its 10-year median of 2.70 and 15.5% below the Vehicles & Parts industry median of 2.29. Forge Auto International's overall GF Score™ is 17/100 with 3 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 Forge Auto International (NSE:FORGEAUTO), the current Debt-to-EBITDA is 1.93 as of Mar. 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.
Forge Auto International Ltd is an engineering company engaged in forging and manufacturing of complex and safety-critical, forged and precision machined components such as big rings, small rings, big ball studs, gear blank with a broach, stub axle assembly, flange yoke 325 HS, catering to different industry sectors like auto industry including automobiles, tractors, railways etc. and non-auto sectors like agriculture parts, hydraulic parts, striking tools etc. It serves its customers comprising of domestic and global original equipment manufacturers (OEMs) engaged in manufacturing for both the automotive sector and other nonautomotive sector, used across industries by a diversified base of customers.
17GF Score
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