CodeMill AB (OSTO:CDMIL) Debt-to-EBITDA : 0.02 (As of Mar. 2026) — 60% Below Median

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OSTO:CDMIL CodeMill AB OSTO:CDMIL
72 GF Score
Price kr14.25
GF Value kr13.12
Valuation Fairly Valued
! 1 Warning Sign
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What is CodeMill AB Debt-to-EBITDA?

CodeMill AB OSTO:CDMIL +0.71% 72 Debt-to-EBITDA is 0.02 as of Mar. 2026, which is 60% below its 10-year median of 0.05. GuruFocus rates OSTO:CDMIL with a GF Score™ of 72/100 and a GF Value™ of kr13.12 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,725 Software companies, CodeMill AB ranks better than 97.8% on this metric.

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

CodeMill AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr0.26 Mil. CodeMill AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr0.00 Mil. CodeMill AB's annualized EBITDA for the quarter that ended in Mar. 2026 was kr17.35 Mil. CodeMill AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.02.

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 CodeMill AB's Debt-to-EBITDA or its related term are showing as below:

OSTO:CDMIL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.52   Med: 0.05   Max: 7.31
Current: 0.02

During the past 7 years, the highest Debt-to-EBITDA Ratio of CodeMill AB was 7.31. The lowest was -4.52. And the median was 0.05.

OSTO:CDMIL's Debt-to-EBITDA is ranked better than
97.8% of 1725 companies
in the Software industry
Industry Median: 1.08 vs OSTO:CDMIL: 0.02

CodeMill AB  (OSTO:CDMIL) 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.


CodeMill AB Debt-to-EBITDA Related Terms


CodeMill AB Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CodeMill AB'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.

CodeMill AB Debt-to-EBITDA Chart

CodeMill AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial -0.55 7.31 0.37 0.09 0.05

CodeMill AB 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 0.09 0.16 0.07 0.05 0.02

OSTO:CDMIL vs QH, SHOP, UBER: Debt-to-EBITDA Comparison

For the Software - Application subindustry, CodeMill AB'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.


CodeMill AB Debt-to-EBITDA vs Software Industry

For the Software industry and Technology sector, CodeMill AB's Debt-to-EBITDA distribution charts can be found below:

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


OSTO:CDMIL
72GF Score
CodeMill AB OSTO:CDMIL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CodeMill AB Debt-to-EBITDA Calculation

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

CodeMill AB'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
=(0.796 + 0) / 16.097
=0.05

CodeMill AB'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
=(0.263 + 0) / 17.352
=0.02

* 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 0.02 mean?
CodeMill AB (OSTO:CDMIL) has a Debt-to-EBITDA of 0.02 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 CodeMill AB. This is 60% below median its historical median of 0.05. According to the industry distribution chart, CodeMill AB ranks #38 out of 1725 companies in the Software industry, placing it in the top 2.2%.
Is CodeMill AB's Debt-to-EBITDA too high?
CodeMill AB's current Debt-to-EBITDA of 0.02 is 60% below median its 10-year median of 0.05. The Software industry median Debt-to-EBITDA is 1.08. CodeMill AB's value of 0.02 is 98.1% below this industry median. Based on the distribution chart, CodeMill AB ranks #38 out of 1725 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, CodeMill AB has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CodeMill AB's Debt-to-EBITDA compare to QH and SHOP?
According to the Software industry distribution chart, CodeMill AB ranks #38 out of 1725 companies for Debt-to-EBITDA. This places CodeMill AB in the top 2% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.08. CodeMill AB's value of 0.02 is 98.1% below this benchmark. While the company's 10-year median is 0.05 vs. the industry median of 1.08, CodeMill AB 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.08, based on 1,725 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. CodeMill AB's current Debt-to-EBITDA of 0.02 is 98.1% 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 CodeMill AB. 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. CodeMill AB's current Debt-to-EBITDA is 0.02, which is 60% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CodeMill AB stock overvalued right now?
Based on GuruFocus' analysis, CodeMill AB (OSTO:CDMIL) is currently considered Fairly Valued. The stock's GF Value™ is kr13.12, compared to a current price of kr14.25 — trading 8.6% above its estimated fair value. The current Debt-to-EBITDA is 0.02, which is 60% below median its 10-year median of 0.05 and 98.1% below the Software industry median of 1.08. CodeMill AB's overall GF Score™ is 72/100 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 CodeMill AB (OSTO:CDMIL), the current Debt-to-EBITDA is 0.02 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 CodeMill AB (OSTO:CDMIL) Overvalued in 2026?

Based on GuruFocus' analysis, CodeMill AB stock appears to be overvalued. The current stock price of kr14.25 is trading 8.6% above its estimated GF Value™ of kr13.12. GuruFocus considers CodeMill AB to be Fairly Valued.

Key valuation signals for OSTO:CDMIL:

  • Debt-to-EBITDA: 0.02 (60% below median its 10-year median of 0.05)
  • GF Value™: kr13.12 vs. price of kr14.25 (8.6% above fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 98.1% below the Software median (#38 of 1725)

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


CodeMill AB Business Description

Address Sodra Ersmarksgatan 7, Umea, SWE, 903 36
CodeMill AB is a technology company that offers software development and technical services for video and media companies. The company's products include Accurate Player SDK, Accurate Video and Cantemo, as well as the product service, Digital Service, enable the streamlining of video and film production and distribution, from editing to archiving. Codemill has framework agreements with some of the world's key media companies such as Amazon Studios.
72GF Score

Get the complete analysis for OSTO:CDMIL

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

kr14.25
Price
kr13.12
GF Value