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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 Nordic Technology Group AS's Debt-to-EBITDA or its related term are showing as below:
OSL:NTG'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.75 Med: -0.7 Max: -0.41
Current: -0.7
During the past 5 years, the highest Debt-to-EBITDA Ratio of Nordic Technology Group AS was -0.41. The lowest was -1.75. And the median was -0.70.
OSL:NTG's Debt-to-EBITDA is ranked worse than 100% of 1787
companies
in the Hardware industry
Industry Median: 1.71
vs OSL:NTG: -0.70
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.
Nordic Technology Group AS Debt-to-EBITDA Related Terms
Nordic Technology Group AS Debt-to-EBITDA Historical Data
* 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.
OSL:NTG vs COHR, KEYS, GRMN: Debt-to-EBITDA Comparison
For the Scientific & Technical Instruments subindustry, Nordic Technology Group 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.
Nordic Technology Group AS Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Nordic Technology Group AS's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Nordic Technology Group 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 two times the quarterly (Dec. 2025) EBITDA data.
Nordic Technology Group AS (OSL:NTG) has a Debt-to-EBITDA of -0.60 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Nordic Technology Group AS. According to the industry distribution chart, Nordic Technology Group AS ranks #999999 out of 1787 companies in the Hardware industry.
Is Nordic Technology Group AS's Debt-to-EBITDA too high?
Nordic Technology Group AS's current Debt-to-EBITDA is -0.60. Based on the distribution chart, Nordic Technology Group AS ranks #999999 out of 1787 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Nordic Technology Group AS has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic Technology Group AS's Debt-to-EBITDA compare to COHR and KEYS?
According to the Hardware industry distribution chart, Nordic Technology Group AS ranks #999999 out of 1787 companies for Debt-to-EBITDA. This places Nordic Technology Group AS in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.71, based on 1,787 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 Nordic Technology Group AS. For the Hardware industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Technology Group AS's current Debt-to-EBITDA is -0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Technology Group AS stock overvalued right now?
Based on GuruFocus' analysis, Nordic Technology Group AS (OSL:NTG) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.09, compared to a current price of kr1.49 — trading 36.7% above its estimated fair value. The current Debt-to-EBITDA is -0.60. Nordic Technology Group AS's overall GF Score™ is 31/100 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 Nordic Technology Group AS (OSL:NTG), the current Debt-to-EBITDA is -0.60 as of Dec. 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.
Is Nordic Technology Group AS (OSL:NTG) Overvalued in 2026?
Based on GuruFocus' analysis, Nordic Technology Group AS stock appears to be overvalued.
The current stock price of kr1.49 is trading 36.7% above its estimated GF Value™ of kr1.09.
GuruFocus considers Nordic Technology Group AS to be Significantly Overvalued.
Key valuation signals for OSL:NTG:
Debt-to-EBITDA: -0.60
GF Value™: kr1.09 vs. price of kr1.49 (36.7% above fair value)
No single metric tells the full story. See the OSL:NTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nordic Technology Group AS was founded with the primary purpose of acquiring selected companies distinguished by patented products and solutions developed through extensive periods of concept development, product design, testing, qualification, certification, and market acceptance. It is organized into two business areas: sensor technology, and clean technology. The Group generates revenues from Norway, with additional revenues from Europe and other countries.
31GF Score
Get the complete analysis for OSL:NTG
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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