Byggma ASA (OSL:BMA) Debt-to-EBITDA : 1.81 (As of Mar. 2026) — 19% Below Median

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OSL:BMA Byggma ASA OSL:BMA
62 GF Score
Price kr20.40
GF Value kr15.68
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Byggma ASA Debt-to-EBITDA?

Byggma ASA OSL:BMA +4.08% 62 Debt-to-EBITDA is 1.81 as of Mar. 2026, which is 19% below its 10-year median of 2.23. GuruFocus rates OSL:BMA with a GF Score™ of 62/100 and a GF Value™ of kr15.68 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,404 Construction companies, Byggma ASA ranks worse than 66.52% on this metric.

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

Byggma ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr435 Mil. Byggma ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr802 Mil. Byggma ASA's annualized EBITDA for the quarter that ended in Mar. 2026 was kr683 Mil. Byggma ASA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.81.

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 Byggma ASA's Debt-to-EBITDA or its related term are showing as below:

OSL:BMA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.59   Med: 2.23   Max: 5.83
Current: 3.78

During the past 13 years, the highest Debt-to-EBITDA Ratio of Byggma ASA was 5.83. The lowest was -16.59. And the median was 2.23.

OSL:BMA's Debt-to-EBITDA is ranked worse than
66.52% of 1404 companies
in the Construction industry
Industry Median: 2.15 vs OSL:BMA: 3.78

Byggma ASA  (OSL:BMA) 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.


Byggma ASA Debt-to-EBITDA Related Terms


Byggma ASA Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Byggma ASA'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.

Byggma ASA Debt-to-EBITDA Chart

Byggma ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 2.25 5.83 -16.59 4.30

Byggma ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.51 5.17 3.23 -11.77 1.81

OSL:BMA vs TT, JCI, CARR: Debt-to-EBITDA Comparison

For the Building Products & Equipment subindustry, Byggma ASA'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.


Byggma ASA Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Byggma ASA's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Byggma ASA's Debt-to-EBITDA falls into.


OSL:BMA
62GF Score
Byggma ASA OSL:BMA
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Byggma ASA Debt-to-EBITDA Calculation

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

Byggma ASA's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(461.602 + 828.584) / 299.81
=4.30

Byggma ASA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(434.8 + 801.8) / 682.8
=1.81

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.81 mean?
Byggma ASA (OSL:BMA) has a Debt-to-EBITDA of 1.81 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 Byggma ASA. This is 19% below median its historical median of 2.23. According to the industry distribution chart, Byggma ASA ranks #934 out of 1404 companies in the Construction industry, placing it in the top 66.5%.
Is Byggma ASA's Debt-to-EBITDA too high?
Byggma ASA's current Debt-to-EBITDA of 1.81 is 19% below median its 10-year median of 2.23. The Construction industry median Debt-to-EBITDA is 2.15. Byggma ASA's value of 1.81 is 15.8% below this industry median. Based on the distribution chart, Byggma ASA ranks #934 out of 1404 companies in the Construction industry, which is below the industry midpoint. Overall, Byggma ASA has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Byggma ASA's Debt-to-EBITDA compare to TT and JCI?
According to the Construction industry distribution chart, Byggma ASA ranks #934 out of 1404 companies for Debt-to-EBITDA. This places Byggma ASA in the lower half of its industry. The industry median Debt-to-EBITDA is 2.15. Byggma ASA's value of 1.81 is 15.8% below this benchmark. While the company's 10-year median is 2.23 vs. the industry median of 2.15, Byggma ASA 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.15, based on 1,404 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. Byggma ASA's current Debt-to-EBITDA of 1.81 is 15.8% 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 Byggma ASA. For the Construction 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. Byggma ASA's current Debt-to-EBITDA is 1.81, which is 19% below median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Byggma ASA stock overvalued right now?
Based on GuruFocus' analysis, Byggma ASA (OSL:BMA) is currently considered Modestly Overvalued. The stock's GF Value™ is kr15.68, compared to a current price of kr20.40 — trading 30.1% above its estimated fair value. The current Debt-to-EBITDA is 1.81, which is 19% below median its 10-year median of 2.23 and 15.8% below the Construction industry median of 2.15. Byggma ASA's overall GF Score™ is 62/100 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 Byggma ASA (OSL:BMA), the current Debt-to-EBITDA is 1.81 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 Byggma ASA (OSL:BMA) Overvalued in 2026?

Based on GuruFocus' analysis, Byggma ASA stock appears to be overvalued. The current stock price of kr20.40 is trading 30.1% above its estimated GF Value™ of kr15.68. GuruFocus considers Byggma ASA to be Modestly Overvalued.

Key valuation signals for OSL:BMA:

  • Debt-to-EBITDA: 1.81 (19% below median its 10-year median of 2.23)
  • GF Value™: kr15.68 vs. price of kr20.40 (30.1% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 15.8% below the Construction median (#934 of 1404)

No single metric tells the full story. See the OSL:BMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Byggma ASA Business Description

Address Venneslaveien 233, P.O. Box 21, Vennesla, NOR, 4701
Byggma ASA is a supplier of building materials in the Nordic countries. Its operating segment includes Panels; Lighting; Windows; Beams and Byggma other. It generates maximum revenue from the Panels segment. The company's brands include Huntonit, Manonite, Forestia, Uldal, Scan Lamps and Aneta. It is involved in projects ranging from public buildings, commercial and private homes. Geographically, it derives a majority of revenue from Norway.
62GF Score

Get the complete analysis for OSL:BMA

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr20.40
Price
kr15.68
GF Value