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Tivoli ASOCSE:TIV 75 Debt-to-EBITDA is -0.99 as of Mar. 2026. GuruFocus rates OCSE:TIV with a GF Score™ of 75/100 and a GF Value™ of kr745.01 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 654 Travel & Leisure companies, Tivoli AS ranks better than 63.15% 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 Tivoli AS's Debt-to-EBITDA or its related term are showing as below:
OCSE:TIV'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.05 Med: 1.38 Max: 4.61
Current: 1.53
During the past 13 years, the highest Debt-to-EBITDA Ratio of Tivoli AS was 4.61. The lowest was -10.05. And the median was 1.38.
OCSE:TIV's Debt-to-EBITDA is ranked better than 63.15% of 654
companies
in the Travel & Leisure industry
Industry Median: 2.405
vs OCSE:TIV: 1.53
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.
Tivoli AS Debt-to-EBITDA Related Terms
Tivoli AS Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Tivoli AS'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.
OCSE:TIV vs AS, HAS, LTH: Debt-to-EBITDA Comparison
For the Leisure subindustry, Tivoli AS'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.
Tivoli AS Debt-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tivoli AS's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tivoli AS'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.
Tivoli AS (OCSE:TIV) has a Debt-to-EBITDA of -0.99 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 Tivoli AS. According to the industry distribution chart, Tivoli AS ranks #241 out of 654 companies in the Travel & Leisure industry, placing it in the top 36.9%.
Is Tivoli AS's Debt-to-EBITDA too high?
Tivoli AS's current Debt-to-EBITDA is -0.99. Based on the distribution chart, Tivoli AS ranks #241 out of 654 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tivoli AS has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tivoli AS's Debt-to-EBITDA compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Tivoli AS ranks #241 out of 654 companies for Debt-to-EBITDA. This puts Tivoli AS in the upper half of its industry. The industry median Debt-to-EBITDA is 2.41. 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 Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.41, based on 654 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 Tivoli AS. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tivoli AS's current Debt-to-EBITDA is -0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tivoli AS stock overvalued right now?
Based on GuruFocus' analysis, Tivoli AS (OCSE:TIV) is currently considered Modestly Undervalued. The stock's GF Value™ is kr745.01, compared to a current price of kr634.00 — trading 14.9% below its estimated fair value. The current Debt-to-EBITDA is -0.99. Tivoli AS's overall GF Score™ is 75/100 with 1 warning sign 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 Tivoli AS (OCSE:TIV), the current Debt-to-EBITDA is -0.99 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 Tivoli AS (OCSE:TIV) Overvalued in 2026?
Based on GuruFocus' analysis, Tivoli AS stock appears to be undervalued.
The current stock price of kr634.00 is trading 14.9% below its estimated GF Value™ of kr745.01.
GuruFocus considers Tivoli AS to be Modestly Undervalued.
Key valuation signals for OCSE:TIV:
Debt-to-EBITDA: -0.99
GF Value™: kr745.01 vs. price of kr634.00 (14.9% below fair value)
No single metric tells the full story. See the OCSE:TIV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tivoli AS operates Tivoli amusement park, located in central Copenhagen. It provides services like rides, music, entertainment, food, and drink. Its amusement park includes a green park, a concert hall, a theatre, and a circus. The company operates in six business segments: Games, Food & Beverage, High-End, Enterprise Rental, Sales, and Culture. It generates the majority of its revenue from the Sales segment.
75GF Score
Get the complete analysis for OCSE:TIV
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