SMGKF (Smiths Group) Debt-to-EBITDA : 2.77 (As of Jan. 2026) — Near Median

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SMGKF Smiths Group PLC SMGKF
67 GF Score
Price $35.69
GF Value $17.67
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Smiths Group Debt-to-EBITDA?

Smiths Group SMGKF 67 Debt-to-EBITDA is 2.77 as of Jan. 2026, which is 2% below its 10-year median of 2.83. GuruFocus rates SMGKF with a GF Score™ of 67/100 and a GF Value™ of $17.67 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,348 Industrial Products companies, Smiths Group ranks worse than 56.77% on this metric.

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

Smiths Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was $42 Mil. Smiths Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was $1,598 Mil. Smiths Group's annualized EBITDA for the quarter that ended in Jan. 2026 was $593 Mil. Smiths Group's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2026 was 2.77.

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

SMGKF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.1   Med: 2.83   Max: 4.63
Current: 2.15

During the past 13 years, the highest Debt-to-EBITDA Ratio of Smiths Group was 4.63. The lowest was 1.10. And the median was 2.83.

SMGKF's Debt-to-EBITDA is ranked worse than
56.77% of 2348 companies
in the Industrial Products industry
Industry Median: 1.68 vs SMGKF: 2.15

Smiths Group  (OTCPK:SMGKF) 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.


Smiths Group Debt-to-EBITDA Related Terms


Smiths Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Smiths Group'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.

Smiths Group Debt-to-EBITDA Chart

Smiths Group Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.49 4.06 1.13 1.23 1.10

Smiths Group Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 1.24 1.26 1.29 0.96 2.77

SMGKF vs GEV, ETN, PH: Debt-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, Smiths Group'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.


Smiths Group Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Smiths Group's Debt-to-EBITDA distribution charts can be found below:

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


SMGKF
67GF Score
Smiths Group PLC SMGKF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smiths Group Debt-to-EBITDA Calculation

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

Smiths Group's Debt-to-EBITDA for the fiscal year that ended in Jul. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(43.185 + 856.95) / 820.513
=1.10

Smiths Group's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(41.949 + 1598.106) / 592.692
=2.77

* 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 (Jan. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.77 mean?
Smiths Group (SMGKF) has a Debt-to-EBITDA of 2.77 as of Jan. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Smiths Group. This is near median its historical median of 2.83. Over the past decade, Smiths Group's Debt-to-EBITDA has ranged from 1.10 to 4.63. According to the industry distribution chart, Smiths Group ranks #1333 out of 2348 companies in the Industrial Products industry, placing it in the top 56.8%.
Is Smiths Group's Debt-to-EBITDA too high?
Smiths Group's current Debt-to-EBITDA of 2.77 is near median its 10-year median of 2.83. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 4.63. The Industrial Products industry median Debt-to-EBITDA is 1.68. Smiths Group's value of 2.77 is 64.9% above this industry median. Based on the distribution chart, Smiths Group ranks #1333 out of 2348 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Smiths Group has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smiths Group's Debt-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Smiths Group ranks #1333 out of 2348 companies for Debt-to-EBITDA. This places Smiths Group in the lower half of its industry. The industry median Debt-to-EBITDA is 1.68. Smiths Group's value of 2.77 is 64.9% above this benchmark. Historically, Smiths Group's own Debt-to-EBITDA has ranged from 1.10 to 4.63 over the past decade. While the company's 10-year median is 2.83 vs. the industry median of 1.68, Smiths Group 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 Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.68, based on 2,348 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. Smiths Group's current Debt-to-EBITDA of 2.77 is 64.9% 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 Smiths Group. For the Industrial Products industry, the median Debt-to-EBITDA is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smiths Group's current Debt-to-EBITDA is 2.77, which is near median its own 10-year median of 2.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smiths Group stock overvalued right now?
Based on GuruFocus' analysis, Smiths Group (SMGKF) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.67, compared to a current price of $35.69 — trading 102% above its estimated fair value. The current Debt-to-EBITDA is 2.77, which is near median its 10-year median of 2.83 and 64.9% above the Industrial Products industry median of 1.68. Smiths Group's overall GF Score™ is 67/100 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 Smiths Group (SMGKF), the current Debt-to-EBITDA is 2.77 as of Jan. 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 Smiths Group (SMGKF) Overvalued in 2026?

Based on GuruFocus' analysis, Smiths Group stock appears to be overvalued. The current stock price of $35.69 is trading 102% above its estimated GF Value™ of $17.67. GuruFocus considers Smiths Group to be Significantly Overvalued.

Key valuation signals for SMGKF:

  • Debt-to-EBITDA: 2.77 (near median its 10-year median of 2.83)
  • GF Value™: $17.67 vs. price of $35.69 (102% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 64.9% above the Industrial Products median (#1333 of 2348)

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


Smiths Group Business Description

Address 255 Blackfriars Road, Level 10, London, GBR, SE1 9AX
Smiths Group is a UK-based industrial technology company focused on engineered solutions for fluid and energy management, following the agreed divestments of its Detection and Interconnect divisions. Its two core businesses—John Crane and Flex-Tek - serve critical infrastructure, energy, aerospace, HVAC, and industrial markets. John Crane supplies mechanical seals, filtration systems, and condition-monitoring technologies used in rotating equipment, with a high-margin, recurring aftermarket business. Flex-Tek provides specialized tubing, heating components, and ducting systems primarily for US HVAC and aerospace OEMs.
67GF Score

Get the complete analysis for SMGKF

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

$35.69
Price
$17.67
GF Value