IonicsPHS:ION +3.45%89 Debt-to-EBITDA is 1.31 as of Mar. 2026, which is 15% below its 10-year median of 1.54. GuruFocus rates PHS:ION with a GF Score™ of 89/100 and a GF Value™ of ₱1.16 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,789 Hardware companies, Ionics ranks better than 57.69% 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 Ionics's Debt-to-EBITDA or its related term are showing as below:
PHS:ION'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.34 Med: 1.54 Max: 2.57
Current: 1.27
During the past 13 years, the highest Debt-to-EBITDA Ratio of Ionics was 2.57. The lowest was 0.34. And the median was 1.54.
PHS:ION's Debt-to-EBITDA is ranked better than 57.69% of 1789
companies
in the Hardware industry
Industry Median: 1.71
vs PHS:ION: 1.27
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.
Ionics Debt-to-EBITDA Related Terms
Ionics Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Ionics'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.
For the Consumer Electronics subindustry, Ionics'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.
Ionics Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Ionics's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ionics'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.
Ionics (PHS:ION) has a Debt-to-EBITDA of 1.31 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 Ionics. This is 15% below median its historical median of 1.54. Over the past decade, Ionics' Debt-to-EBITDA has ranged from 0.34 to 2.57. According to the industry distribution chart, Ionics ranks #757 out of 1789 companies in the Hardware industry, placing it in the top 42.3%.
Is Ionics' Debt-to-EBITDA too high?
Ionics' current Debt-to-EBITDA of 1.31 is 15% below median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 2.57. The Hardware industry median Debt-to-EBITDA is 1.71. Ionics' value of 1.31 is 23.4% below this industry median. Based on the distribution chart, Ionics ranks #757 out of 1789 companies in the Hardware industry, which is above the industry midpoint. Overall, Ionics has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ionics' Debt-to-EBITDA compare to AAPL?
According to the Hardware industry distribution chart, Ionics ranks #757 out of 1789 companies for Debt-to-EBITDA. This puts Ionics in the upper half of its industry. The industry median Debt-to-EBITDA is 1.71. Ionics' value of 1.31 is 23.4% below this benchmark. Historically, Ionics' own Debt-to-EBITDA has ranged from 0.34 to 2.57 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.71, Ionics 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.71, based on 1,789 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. Ionics's current Debt-to-EBITDA of 1.31 is 23.4% 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 Ionics. 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. Ionics's current Debt-to-EBITDA is 1.31, which is 15% below median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ionics stock overvalued right now?
Based on GuruFocus' analysis, Ionics (PHS:ION) is currently considered Fairly Valued. The stock's GF Value™ is ₱1.16, compared to a current price of ₱1.20 — trading 3.4% above its estimated fair value. The current Debt-to-EBITDA is 1.31, which is 15% below median its 10-year median of 1.54 and 23.4% below the Hardware industry median of 1.71. Ionics' overall GF Score™ is 89/100 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 Ionics (PHS:ION), the current Debt-to-EBITDA is 1.31 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 Ionics (PHS:ION) Overvalued in 2026?
Based on GuruFocus' analysis, Ionics stock appears to be overvalued.
The current stock price of ₱1.20 is trading 3.4% above its estimated GF Value™ of ₱1.16.
GuruFocus considers Ionics to be Fairly Valued.
Key valuation signals for PHS:ION:
Debt-to-EBITDA: 1.31 (15% below median its 10-year median of 1.54)
GF Value™: ₱1.16 vs. price of ₱1.20 (3.4% above fair value)
Industry Position: 23.4% below the Hardware median (#757 of 1789)
No single metric tells the full story. See the PHS:ION stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ionics Inc is engaged in electronic manufacturing services, providing design, build, ship, and logistics solutions across telecommunications, automotive, computer peripherals, consumer electronics, industrial, medical, and plastic products. Its business is organized into segments, with the Consumer Electronics segment generating the majority of revenue, supporting digital media, digital television, and audio product industries. Other segments include Computer Peripherals, Telecom, Automotive, and Real Estate, which earn rental income from warehouse and factory facilities. The Group produces a wide multiple products, including telecom equipment, automotive electronics, computer components, consumer devices, and others. Geographically, it generates the majority of its revenue from Asia.
89GF Score
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