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Primo ChemicalsNSE:PRIMO -0.41%51 Debt-to-EBITDA is 1.33 as of Mar. 2026, which is 85% above its 10-year median of 0.72. GuruFocus rates NSE:PRIMO with a GF Score™ of 51/100 and a GF Value™ of ₹45.82 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,242 Chemicals companies, Primo Chemicals ranks better than 60.06% 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 Primo Chemicals's Debt-to-EBITDA or its related term are showing as below:
NSE:PRIMO'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.18 Med: 0.72 Max: 6.77
Current: 1.49
During the past 13 years, the highest Debt-to-EBITDA Ratio of Primo Chemicals was 6.77. The lowest was -2.18. And the median was 0.72.
NSE:PRIMO's Debt-to-EBITDA is ranked better than 60.06% of 1242
companies
in the Chemicals industry
Industry Median: 2.15
vs NSE:PRIMO: 1.49
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.
Primo Chemicals Debt-to-EBITDA Related Terms
Primo Chemicals Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Primo Chemicals'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.
For the Chemicals subindustry, Primo Chemicals'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.
Primo Chemicals Debt-to-EBITDA vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Primo Chemicals's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Primo Chemicals'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.
Primo Chemicals (NSE:PRIMO) has a Debt-to-EBITDA of 1.33 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 Primo Chemicals. This is 85% above median its historical median of 0.72. According to the industry distribution chart, Primo Chemicals ranks #496 out of 1242 companies in the Chemicals industry, placing it in the top 39.9%.
Is Primo Chemicals' Debt-to-EBITDA too high?
Primo Chemicals' current Debt-to-EBITDA of 1.33 is 85% above median its 10-year median of 0.72. The Chemicals industry median Debt-to-EBITDA is 2.15. Primo Chemicals' value of 1.33 is 38.1% below this industry median. Based on the distribution chart, Primo Chemicals ranks #496 out of 1242 companies in the Chemicals industry, which is above the industry midpoint. Overall, Primo Chemicals has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Primo Chemicals' Debt-to-EBITDA compare to DOW?
According to the Chemicals industry distribution chart, Primo Chemicals ranks #496 out of 1242 companies for Debt-to-EBITDA. This puts Primo Chemicals in the upper half of its industry. The industry median Debt-to-EBITDA is 2.15. Primo Chemicals' value of 1.33 is 38.1% below this benchmark. While the company's 10-year median is 0.72 vs. the industry median of 2.15, Primo Chemicals 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 Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 2.15, based on 1,242 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. Primo Chemicals's current Debt-to-EBITDA of 1.33 is 38.1% 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 Primo Chemicals. For the Chemicals industry, the median Debt-to-EBITDA is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primo Chemicals's current Debt-to-EBITDA is 1.33, which is 85% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primo Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Primo Chemicals (NSE:PRIMO) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹45.82, compared to a current price of ₹24.29 — trading 47% below its estimated fair value. The current Debt-to-EBITDA is 1.33, which is 85% above median its 10-year median of 0.72 and 38.1% below the Chemicals industry median of 2.15. Primo Chemicals' overall GF Score™ is 51/100 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 Primo Chemicals (NSE:PRIMO), the current Debt-to-EBITDA is 1.33 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 Primo Chemicals (NSE:PRIMO) Overvalued in 2026?
Based on GuruFocus' analysis, Primo Chemicals stock appears to be undervalued.
The current stock price of ₹24.29 is trading 47% below its estimated GF Value™ of ₹45.82.
GuruFocus considers Primo Chemicals to be Significantly Undervalued.
Key valuation signals for NSE:PRIMO:
Debt-to-EBITDA: 1.33 (85% above median its 10-year median of 0.72)
GF Value™: ₹45.82 vs. price of ₹24.29 (47% below fair value)
Industry Position: 38.1% below the Chemicals median (#496 of 1242)
No single metric tells the full story. See the NSE:PRIMO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Primo Chemicals Ltd is engaged in the manufacturing of chemicals. Its product portfolio includes Caustic Soda Lye and its by-products are Hydrochloric Acid, Liquid Chlorine, Sodium Hypochlorite, and Hydrogen gas. The company generates revenue from the sale of goods and trading sales.
51GF Score
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