SATS ASA (OSL:SATS) Debt-to-EBITDA : 3.05 (As of Mar. 2026) — 38% Below Median

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OSL:SATS SATS ASA OSL:SATS
70 GF Score
Price kr40.20
GF Value kr27.89
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is SATS ASA Debt-to-EBITDA?

SATS ASA OSL:SATS -0.12% 70 Debt-to-EBITDA is 3.05 as of Mar. 2026, which is 38% below its 10-year median of 4.95. GuruFocus rates OSL:SATS with a GF Score™ of 70/100 and a GF Value™ of kr27.89 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 647 Travel & Leisure companies, SATS ASA ranks worse than 55.18% on this metric.

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

SATS ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr976 Mil. SATS ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr5,338 Mil. SATS ASA's annualized EBITDA for the quarter that ended in Mar. 2026 was kr2,068 Mil. SATS ASA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.05.

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

OSL:SATS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.92   Med: 4.95   Max: 12.79
Current: 2.92

During the past 10 years, the highest Debt-to-EBITDA Ratio of SATS ASA was 12.79. The lowest was 2.92. And the median was 4.95.

OSL:SATS's Debt-to-EBITDA is ranked worse than
55.18% of 647 companies
in the Travel & Leisure industry
Industry Median: 2.53 vs OSL:SATS: 2.92

SATS ASA  (OSL:SATS) 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.


SATS ASA Debt-to-EBITDA Related Terms


SATS ASA Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for SATS 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.

SATS ASA Debt-to-EBITDA Chart

SATS 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 8.15 5.63 3.54 3.31 3.11

SATS 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 3.24 2.81 3.21 3.07 3.05

OSL:SATS vs AS, HAS, LTH: Debt-to-EBITDA Comparison

For the Leisure subindustry, SATS 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.


SATS ASA Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SATS ASA's Debt-to-EBITDA distribution charts can be found below:

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


OSL:SATS
70GF Score
SATS ASA OSL:SATS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SATS ASA Debt-to-EBITDA Calculation

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

SATS 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
=(996 + 5669) / 2144
=3.11

SATS 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
=(976 + 5338) / 2068
=3.05

* 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 3.05 mean?
SATS ASA (OSL:SATS) has a Debt-to-EBITDA of 3.05 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 SATS ASA. This is 38% below median its historical median of 4.95. Over the past decade, SATS ASA's Debt-to-EBITDA has ranged from 2.92 to 12.79. According to the industry distribution chart, SATS ASA ranks #357 out of 647 companies in the Travel & Leisure industry, placing it in the top 55.2%.
Is SATS ASA's Debt-to-EBITDA too high?
SATS ASA's current Debt-to-EBITDA of 3.05 is 38% below median its 10-year median of 4.95. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 12.79. The Travel & Leisure industry median Debt-to-EBITDA is 2.53. SATS ASA's value of 3.05 is 20.6% above this industry median. Based on the distribution chart, SATS ASA ranks #357 out of 647 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, SATS ASA has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SATS ASA's Debt-to-EBITDA compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, SATS ASA ranks #357 out of 647 companies for Debt-to-EBITDA. This places SATS ASA in the lower half of its industry. The industry median Debt-to-EBITDA is 2.53. SATS ASA's value of 3.05 is 20.6% above this benchmark. Historically, SATS ASA's own Debt-to-EBITDA has ranged from 2.92 to 12.79 over the past decade. While the company's 10-year median is 4.95 vs. the industry median of 2.53, SATS ASA has consistently been above 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 Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.53, based on 647 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. SATS ASA's current Debt-to-EBITDA of 3.05 is 20.6% above 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 SATS ASA. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SATS ASA's current Debt-to-EBITDA is 3.05, which is 38% below median its own 10-year median of 4.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SATS ASA stock overvalued right now?
Based on GuruFocus' analysis, SATS ASA (OSL:SATS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr27.89, compared to a current price of kr40.20 — trading 44.1% above its estimated fair value. The current Debt-to-EBITDA is 3.05, which is 38% below median its 10-year median of 4.95 and 20.6% above the Travel & Leisure industry median of 2.53. SATS ASA's overall GF Score™ is 70/100 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 SATS ASA (OSL:SATS), the current Debt-to-EBITDA is 3.05 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 SATS ASA (OSL:SATS) Overvalued in 2026?

Based on GuruFocus' analysis, SATS ASA stock appears to be overvalued. The current stock price of kr40.20 is trading 44.1% above its estimated GF Value™ of kr27.89. GuruFocus considers SATS ASA to be Significantly Overvalued.

Key valuation signals for OSL:SATS:

  • Debt-to-EBITDA: 3.05 (38% below median its 10-year median of 4.95)
  • GF Value™: kr27.89 vs. price of kr40.20 (44.1% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 20.6% above the Travel & Leisure median (#357 of 647)

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


SATS ASA Business Description

Address Nydalsveien 28, Oslo, NOR, 0484
SATS ASA is engaged in providing fitness training services in the Nordics for both men and women. The company's training options include studio training for individual strength and cardio training, group training classes, personal trainers specializing in a wide range of areas, boot camps for smaller groups, out-of-club training for members' convenience, and retail shops providing members.
70GF Score

Get the complete analysis for OSL:SATS

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

kr40.20
Price
kr27.89
GF Value