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Varvee GlobalNSE:VGL -0.14%47 Debt-to-EBITDA is -0.03 as of Mar. 2026. GuruFocus rates NSE:VGL with a GF Score™ of 47/100 and a GF Value™ of ₹22.48 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 815 Manufacturing - Apparel & Accessories companies, Varvee Global ranks better than 96.56% 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 Varvee Global's Debt-to-EBITDA or its related term are showing as below:
NSE:VGL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -50.35 Med: 1 Max: 13.83
Current: 0.11
During the past 13 years, the highest Debt-to-EBITDA Ratio of Varvee Global was 13.83. The lowest was -50.35. And the median was 1.00.
NSE:VGL's Debt-to-EBITDA is ranked better than 96.56% of 815
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.75
vs NSE:VGL: 0.11
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.
Varvee Global Debt-to-EBITDA Related Terms
Varvee Global Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Varvee Global'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.
Varvee Global Debt-to-EBITDA Competitor Comparison
For the Textile Manufacturing subindustry, Varvee Global'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.
Varvee Global Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Varvee Global's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Varvee Global'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.
Varvee Global (NSE:VGL) has a Debt-to-EBITDA of -0.03 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 Varvee Global. According to the industry distribution chart, Varvee Global ranks #28 out of 815 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 3.4%.
Is Varvee Global's Debt-to-EBITDA too high?
Varvee Global's current Debt-to-EBITDA is -0.03. Based on the distribution chart, Varvee Global ranks #28 out of 815 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Varvee Global has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Varvee Global's Debt-to-EBITDA compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Varvee Global ranks #28 out of 815 companies for Debt-to-EBITDA. This places Varvee Global in the top 3% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.75. 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.75, based on 815 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. 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 Varvee Global. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varvee Global's current Debt-to-EBITDA is -0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varvee Global stock overvalued right now?
Based on GuruFocus' analysis, Varvee Global (NSE:VGL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹22.48, compared to a current price of ₹62.20 — trading 176.7% above its estimated fair value. The current Debt-to-EBITDA is -0.03. Varvee Global's overall GF Score™ is 47/100 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 Varvee Global (NSE:VGL), the current Debt-to-EBITDA is -0.03 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 Varvee Global (NSE:VGL) Overvalued in 2026?
Based on GuruFocus' analysis, Varvee Global stock appears to be overvalued.
The current stock price of ₹62.20 is trading 176.7% above its estimated GF Value™ of ₹22.48.
GuruFocus considers Varvee Global to be Significantly Overvalued.
Key valuation signals for NSE:VGL:
Debt-to-EBITDA: -0.03
GF Value™: ₹22.48 vs. price of ₹62.20 (176.7% above fair value)
No single metric tells the full story. See the NSE:VGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Varvee Global Ltd is engaged in the manufacturing and selling of denim and non-denim Fabrics. The company caters to both domestic and international markets. Geographically, the company derives a majority of its revenue from India.
47GF Score
Get the complete analysis for NSE:VGL
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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