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Webstep ASAOSL:WSTEP -0.68%59 Debt-to-EBITDA is 2.27 as of Mar. 2026, which is 215% above its 10-year median of 0.72. GuruFocus rates OSL:WSTEP with a GF Score™ of 59/100 and a GF Value™ of kr22.86 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,719 Software companies, Webstep ASA ranks worse than 72.37% 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 Webstep ASA's Debt-to-EBITDA or its related term are showing as below:
OSL:WSTEP'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.41 Med: 0.72 Max: 3.01
Current: 2.74
During the past 13 years, the highest Debt-to-EBITDA Ratio of Webstep ASA was 3.01. The lowest was 0.41. And the median was 0.72.
OSL:WSTEP's Debt-to-EBITDA is ranked worse than 72.37% of 1719
companies
in the Software industry
Industry Median: 1.08
vs OSL:WSTEP: 2.74
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.
Webstep ASA Debt-to-EBITDA Related Terms
Webstep ASA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Webstep 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.
OSL:WSTEP vs IBM, ACN, FISV: Debt-to-EBITDA Comparison
For the Information Technology Services subindustry, Webstep 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.
Webstep ASA Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Webstep ASA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Webstep ASA'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.
Webstep ASA (OSL:WSTEP) has a Debt-to-EBITDA of 2.27 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 Webstep ASA. This is 215% above median its historical median of 0.72. Over the past decade, Webstep ASA's Debt-to-EBITDA has ranged from 0.41 to 3.01. According to the industry distribution chart, Webstep ASA ranks #1244 out of 1719 companies in the Software industry, placing it in the top 72.4%.
Is Webstep ASA's Debt-to-EBITDA too high?
Webstep ASA's current Debt-to-EBITDA of 2.27 is 215% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 3.01. The Software industry median Debt-to-EBITDA is 1.08. Webstep ASA's value of 2.27 is 110.2% above this industry median. Based on the distribution chart, Webstep ASA ranks #1244 out of 1719 companies in the Software industry, which is below the industry midpoint. Overall, Webstep ASA has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Webstep ASA's Debt-to-EBITDA compare to IBM and ACN?
According to the Software industry distribution chart, Webstep ASA ranks #1244 out of 1719 companies for Debt-to-EBITDA. This places Webstep ASA in the lower half of its industry. The industry median Debt-to-EBITDA is 1.08. Webstep ASA's value of 2.27 is 110.2% above this benchmark. Historically, Webstep ASA's own Debt-to-EBITDA has ranged from 0.41 to 3.01 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.08, Webstep 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.08, based on 1,719 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. Webstep ASA's current Debt-to-EBITDA of 2.27 is 110.2% 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 Webstep ASA. For the Software industry, the median Debt-to-EBITDA is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Webstep ASA's current Debt-to-EBITDA is 2.27, which is 215% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Webstep ASA stock overvalued right now?
Based on GuruFocus' analysis, Webstep ASA (OSL:WSTEP) is currently considered Significantly Undervalued. The stock's GF Value™ is kr22.86, compared to a current price of kr14.60 — trading 36.1% below its estimated fair value. The current Debt-to-EBITDA is 2.27, which is 215% above median its 10-year median of 0.72 and 110.2% above the Software industry median of 1.08. Webstep ASA's overall GF Score™ is 59/100 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 Webstep ASA (OSL:WSTEP), the current Debt-to-EBITDA is 2.27 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 Webstep ASA (OSL:WSTEP) Overvalued in 2026?
Based on GuruFocus' analysis, Webstep ASA stock appears to be undervalued.
The current stock price of kr14.60 is trading 36.1% below its estimated GF Value™ of kr22.86.
GuruFocus considers Webstep ASA to be Significantly Undervalued.
Key valuation signals for OSL:WSTEP:
Debt-to-EBITDA: 2.27 (215% above median its 10-year median of 0.72)
GF Value™: kr22.86 vs. price of kr14.60 (36.1% below fair value)
Industry Position: 110.2% above the Software median (#1244 of 1719)
No single metric tells the full story. See the OSL:WSTEP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Webstep ASA is engaged in the provision of information technology (IT) consultancy services. Its core digitalization offerings include digitalization, cloud migration, and integration. In addition, it also focused on the Internet of Things (IoT), machine learning, and analytics. The group has cross-functional expertise in cloud services and infrastructure, security, mobility, analytics, and AI. It operates in Sweden.
59GF Score
Get the complete analysis for OSL:WSTEP
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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