Victory Electric Vehicles International (NSE:VICTORYEV) Debt-to-EBITDA : 1.41 (As of Sep. 2025) — 25% Above Median

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NSE:VICTORYEV Victory Electric Vehicles International Ltd NSE:VICTORYEV
19 GF Score
Price ₹15.65
! 4 Warning Signs
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What is Victory Electric Vehicles International Debt-to-EBITDA?

Victory Electric Vehicles International NSE:VICTORYEV +2.96% 19 Debt-to-EBITDA is 1.41 as of Sep. 2025, which is 25% above its 10-year median of 1.13. GuruFocus rates NSE:VICTORYEV with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,095 Vehicles & Parts companies, Victory Electric Vehicles International ranks worse than 58.26% on this metric.

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

Victory Electric Vehicles International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was ₹75.9 Mil. Victory Electric Vehicles International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was ₹0.0 Mil. Victory Electric Vehicles International's annualized EBITDA for the quarter that ended in Sep. 2025 was ₹54.0 Mil. Victory Electric Vehicles International's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 was 1.41.

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 Victory Electric Vehicles International's Debt-to-EBITDA or its related term are showing as below:

NSE:VICTORYEV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.72   Med: 1.13   Max: 3.03
Current: 2.81

During the past 3 years, the highest Debt-to-EBITDA Ratio of Victory Electric Vehicles International was 3.03. The lowest was 0.72. And the median was 1.13.

NSE:VICTORYEV's Debt-to-EBITDA is ranked worse than
58.26% of 1095 companies
in the Vehicles & Parts industry
Industry Median: 2.28 vs NSE:VICTORYEV: 2.81

Victory Electric Vehicles International  (NSE:VICTORYEV) 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.


Victory Electric Vehicles International Debt-to-EBITDA Related Terms


Victory Electric Vehicles International Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Victory Electric Vehicles International'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.

Victory Electric Vehicles International Debt-to-EBITDA Chart

Victory Electric Vehicles International Annual Data
Trend Mar23 Mar24 Mar25
Debt-to-EBITDA
3.03 0.72 1.13

Victory Electric Vehicles International Semi-Annual Data
Mar23 Mar24 Mar25 Sep25
Debt-to-EBITDA N/A N/A N/A 1.41

NSE:VICTORYEV vs TSLA, GM, F: Debt-to-EBITDA Comparison

For the Auto Manufacturers subindustry, Victory Electric Vehicles 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.


Victory Electric Vehicles International Debt-to-EBITDA vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Victory Electric Vehicles International's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Victory Electric Vehicles International's Debt-to-EBITDA falls into.


NSE:VICTORYEV
19GF Score
Victory Electric Vehicles International Ltd NSE:VICTORYEV
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Victory Electric Vehicles International Debt-to-EBITDA Calculation

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

Victory Electric Vehicles International'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
=(92.9 + 0) / 82.18
=1.13

Victory Electric Vehicles International'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
=(75.876 + 0) / 53.96
=1.41

* 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 1.41 mean?
Victory Electric Vehicles International (NSE:VICTORYEV) has a Debt-to-EBITDA of 1.41 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 Victory Electric Vehicles International. This is 25% above median its historical median of 1.13. Over the past decade, Victory Electric Vehicles International's Debt-to-EBITDA has ranged from 0.72 to 3.03. According to the industry distribution chart, Victory Electric Vehicles International ranks #638 out of 1095 companies in the Vehicles & Parts industry, placing it in the top 58.3%.
Is Victory Electric Vehicles International's Debt-to-EBITDA too high?
Victory Electric Vehicles International's current Debt-to-EBITDA of 1.41 is 25% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 3.03. The Vehicles & Parts industry median Debt-to-EBITDA is 2.28. Victory Electric Vehicles International's value of 1.41 is 38.2% below this industry median. Based on the distribution chart, Victory Electric Vehicles International ranks #638 out of 1095 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Victory Electric Vehicles International has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Victory Electric Vehicles International's Debt-to-EBITDA compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Victory Electric Vehicles International ranks #638 out of 1095 companies for Debt-to-EBITDA. This places Victory Electric Vehicles International in the lower half of its industry. The industry median Debt-to-EBITDA is 2.28. Victory Electric Vehicles International's value of 1.41 is 38.2% below this benchmark. Historically, Victory Electric Vehicles International's own Debt-to-EBITDA has ranged from 0.72 to 3.03 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 2.28, Victory Electric Vehicles 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 2.28, based on 1,095 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. Victory Electric Vehicles International's current Debt-to-EBITDA of 1.41 is 38.2% 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 Victory Electric Vehicles International. For the Vehicles & Parts 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. Victory Electric Vehicles International's current Debt-to-EBITDA is 1.41, which is 25% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory Electric Vehicles International stock overvalued right now?
Victory Electric Vehicles International (NSE:VICTORYEV) has a current Debt-to-EBITDA of 1.41. The current Debt-to-EBITDA is 1.41, which is 25% above median its 10-year median of 1.13 and 38.2% below the Vehicles & Parts industry median of 2.28. Victory Electric Vehicles International's overall GF Score™ is 19/100 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 Victory Electric Vehicles International (NSE:VICTORYEV), the current Debt-to-EBITDA is 1.41 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.

Victory Electric Vehicles International Business Description

Address Plot no 6, Second Floor, A-5, Maa Bhagwati Apartment, Paschim Vihar, New Delhi, IND, 110063
Victory Electric Vehicles International Ltd is engaged in the business of manufacturing of battery operated electric rickshaws and electric scooters. The company's key offerings include solar rickshaws, Auto-rickshaws, Motor vehicles, Scooters, Motor-Scooters, three-wheelers, motor cycles, cycles automobiles, and motorcars. Its product segments include Two wheelers, Three wheelers, Passenger Vehicles, and Commercial Vehicles. The company generates the majority of revenue from the sale of Electric Vehicles, mainly from Three-Wheeler vehicle sales.
19GF 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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