Atari (PONGF) Debt-to-EBITDA : 15.37 (As of Sep. 2025) — 4421% Above Median

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PONGF Atari SA PONGF
42 GF Score
Price $23.00
GF Value $59.68
Valuation Possible Value Trap
! 7 Warning Signs
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What is Atari Debt-to-EBITDA?

Atari PONGF 42 Debt-to-EBITDA is 15.37 as of Sep. 2025, which is 4421% above its 10-year median of 0.34. GuruFocus rates PONGF with a GF Score™ of 42/100 and a GF Value™ of $59.68 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 305 Interactive Media companies, Atari ranks worse than 90.82% on this metric.

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

Atari's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $57.51 Mil. Atari's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $11.03 Mil. Atari's annualized EBITDA for the quarter that ended in Sep. 2025 was $4.46 Mil. Atari's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 was 15.37.

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

PONGF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.18   Med: 0.34   Max: 6.71
Current: 6.71

During the past 13 years, the highest Debt-to-EBITDA Ratio of Atari was 6.71. The lowest was -3.18. And the median was 0.34.

PONGF's Debt-to-EBITDA is ranked worse than
90.82% of 305 companies
in the Interactive Media industry
Industry Median: 0.67 vs PONGF: 6.71

Atari  (OTCPK:PONGF) 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.


Atari Debt-to-EBITDA Related Terms


Atari Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Atari'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.

Atari Debt-to-EBITDA Chart

Atari Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.72 -0.68 -3.18 5.37 4.87

Atari Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 -7.97 2.17 5.48 3.97 15.37

PONGF vs NTES, EA, TTWO: Debt-to-EBITDA Comparison

For the Electronic Gaming & Multimedia subindustry, Atari'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.


Atari Debt-to-EBITDA vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Atari's Debt-to-EBITDA distribution charts can be found below:

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


PONGF
42GF Score
Atari SA PONGF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atari Debt-to-EBITDA Calculation

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

Atari's Debt-to-EBITDA for the fiscal year that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(11.568 + 46.811) / 12
=4.86

Atari's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(57.512 + 11.033) / 4.46
=15.37

* 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 (Sep. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 15.37 mean?
Atari (PONGF) has a Debt-to-EBITDA of 15.37 as of Sep. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Atari. This is 4421% above median its historical median of 0.34. According to the industry distribution chart, Atari ranks #277 out of 305 companies in the Interactive Media industry, placing it in the top 90.8%.
Is Atari's Debt-to-EBITDA too high?
Atari's current Debt-to-EBITDA of 15.37 is 4421% above median its 10-year median of 0.34. The Interactive Media industry median Debt-to-EBITDA is 0.67. Atari's value of 15.37 is 2194% above this industry median. Based on the distribution chart, Atari ranks #277 out of 305 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Atari has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Atari's Debt-to-EBITDA compare to NTES and EA?
According to the Interactive Media industry distribution chart, Atari ranks #277 out of 305 companies for Debt-to-EBITDA. This places Atari in the lower half of its industry. The industry median Debt-to-EBITDA is 0.67. Atari's value of 15.37 is 2194% above this benchmark. While the company's 10-year median is 0.34 vs. the industry median of 0.67, Atari 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 an Interactive Media company?
The median Debt-to-EBITDA among Interactive Media companies is 0.67, based on 305 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. Atari's current Debt-to-EBITDA of 15.37 is 2194% 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 Atari. For the Interactive Media industry, the median Debt-to-EBITDA is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atari's current Debt-to-EBITDA is 15.37, which is 4421% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atari stock overvalued right now?
Based on GuruFocus' analysis, Atari (PONGF) is currently considered Possible Value Trap. The stock's GF Value™ is $59.68, compared to a current price of $23.00 — trading 61.5% below its estimated fair value. The current Debt-to-EBITDA is 15.37, which is 4421% above median its 10-year median of 0.34 and 2194% above the Interactive Media industry median of 0.67. Atari's overall GF Score™ is 42/100 with 7 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 Atari (PONGF), the current Debt-to-EBITDA is 15.37 as of Sep. 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 Atari (PONGF) Overvalued in 2026?

Based on GuruFocus' analysis, Atari stock appears to be undervalued. The current stock price of $23.00 is trading 61.5% below its estimated GF Value™ of $59.68. GuruFocus considers Atari to be Possible Value Trap.

Key valuation signals for PONGF:

  • Debt-to-EBITDA: 15.37 (4421% above median its 10-year median of 0.34)
  • GF Value™: $59.68 vs. price of $23.00 (61.5% below fair value)
  • GF Score™: 42/100 with 7 warning signs
  • Industry Position: 2194% above the Interactive Media median (#277 of 305)

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


Atari Business Description

Other Exchanges ALATA:France
Address 54-56, Avenue Hoche, Paris, FRA, 75008
Atari SA is in the electronic gaming and multimedia business sector. It is engaged in the design, production, publishing, and distribution of all multimedia and audiovisual products and works, including entertainment products in any form, such as software, data processing, and content. It owns and manages a portfolio of more than four hundred special games and franchises, including world-renowned brands like Pong, Breakout, Asteroids, Missile Command, Centipede, and RollerCoaster Tycoon. Atari provides various types of gaming, which include mobile and online arcade games such as roller coaster tycoon, haunted house, pong world, circus Atari, centipede, breakout, and others. The group has three lines of business: Games, which generates maximum revenue, Hardware, and Licensing.
42GF Score

Get the complete analysis for PONGF

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

$23.00
Price
$59.68
GF Value