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Solex EnergyNSE:SOLEX -2.22%85 Debt-to-EBITDA is 0.86 as of Mar. 2026, which is 53% below its 10-year median of 1.83. GuruFocus rates NSE:SOLEX with a GF Score™ of 85/100 and a GF Value™ of ₹4,041.96 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 724 Semiconductors companies, Solex Energy ranks worse than 61.74% 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 Solex Energy's Debt-to-EBITDA or its related term are showing as below:
NSE:SOLEX'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.54 Med: 1.83 Max: 9.7
Current: 2.35
During the past 12 years, the highest Debt-to-EBITDA Ratio of Solex Energy was 9.70. The lowest was 0.54. And the median was 1.83.
NSE:SOLEX's Debt-to-EBITDA is ranked worse than 61.74% of 724
companies
in the Semiconductors industry
Industry Median: 1.45
vs NSE:SOLEX: 2.35
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.
Solex Energy Debt-to-EBITDA Related Terms
Solex Energy Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Solex Energy'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:SOLEX vs FSLR, NXT, ENPH: Debt-to-EBITDA Comparison
For the Solar subindustry, Solex Energy'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.
Solex Energy Debt-to-EBITDA vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Solex Energy's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Solex Energy'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.
Solex Energy (NSE:SOLEX) has a Debt-to-EBITDA of 0.86 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 Solex Energy. This is 53% below median its historical median of 1.83. Over the past decade, Solex Energy's Debt-to-EBITDA has ranged from 0.54 to 9.70. According to the industry distribution chart, Solex Energy ranks #447 out of 724 companies in the Semiconductors industry, placing it in the top 61.7%.
Is Solex Energy's Debt-to-EBITDA too high?
Solex Energy's current Debt-to-EBITDA of 0.86 is 53% below median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 9.70. The Semiconductors industry median Debt-to-EBITDA is 1.45. Solex Energy's value of 0.86 is 40.7% below this industry median. Based on the distribution chart, Solex Energy ranks #447 out of 724 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Solex Energy has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solex Energy's Debt-to-EBITDA compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Solex Energy ranks #447 out of 724 companies for Debt-to-EBITDA. This places Solex Energy in the lower half of its industry. The industry median Debt-to-EBITDA is 1.45. Solex Energy's value of 0.86 is 40.7% below this benchmark. Historically, Solex Energy's own Debt-to-EBITDA has ranged from 0.54 to 9.70 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 1.45, Solex Energy 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 Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.45, based on 724 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. Solex Energy's current Debt-to-EBITDA of 0.86 is 40.7% 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 Solex Energy. For the Semiconductors industry, the median Debt-to-EBITDA is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solex Energy's current Debt-to-EBITDA is 0.86, which is 53% below median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solex Energy stock overvalued right now?
Based on GuruFocus' analysis, Solex Energy (NSE:SOLEX) is currently considered Possible Value Trap. The stock's GF Value™ is ₹4,041.96, compared to a current price of ₹925.75 — trading 77.1% below its estimated fair value. The current Debt-to-EBITDA is 0.86, which is 53% below median its 10-year median of 1.83 and 40.7% below the Semiconductors industry median of 1.45. Solex Energy's overall GF Score™ is 85/100 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 Solex Energy (NSE:SOLEX), the current Debt-to-EBITDA is 0.86 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 Solex Energy (NSE:SOLEX) Overvalued in 2026?
Based on GuruFocus' analysis, Solex Energy stock appears to be undervalued.
The current stock price of ₹925.75 is trading 77.1% below its estimated GF Value™ of ₹4,041.96.
GuruFocus considers Solex Energy to be Possible Value Trap.
Key valuation signals for NSE:SOLEX:
Debt-to-EBITDA: 0.86 (53% below median its 10-year median of 1.83)
GF Value™: ₹4,041.96 vs. price of ₹925.75 (77.1% below fair value)
Industry Position: 40.7% below the Semiconductors median (#447 of 724)
No single metric tells the full story. See the NSE:SOLEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solex Energy Ltd is a manufacturer of solar photovoltaic modules and is also engaged in the business of Engineering, Procurement, and Construction (EPC) in the solar energy market, where the manufactured modules are utilized. Its products are Tapi R, Tapi Trans, Tapi Series, Tapi Black, and Ganga.
85GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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