SSAAF (SSAB AB (publ)) Debt-to-EBITDA : 0.90 (As of Mar. 2026) — 35% Below Median

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SSAAF SSAB AB (publ) SSAAF
73 GF Score
Price $9.33
GF Value $5.29
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is SSAB AB (publ) Debt-to-EBITDA?

SSAB AB (publ) SSAAF -6.61% 73 Debt-to-EBITDA is 0.90 as of Mar. 2026, which is 35% below its 10-year median of 1.38. GuruFocus rates SSAAF with a GF Score™ of 73/100 and a GF Value™ of $5.29 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 494 Steel companies, SSAB AB (publ) ranks better than 76.92% on this metric.

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

SSAB AB (publ)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $235 Mil. SSAB AB (publ)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,004 Mil. SSAB AB (publ)'s annualized EBITDA for the quarter that ended in Mar. 2026 was $1,380 Mil. SSAB AB (publ)'s annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.90.

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 SSAB AB (publ)'s Debt-to-EBITDA or its related term are showing as below:

SSAAF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.33   Med: 1.38   Max: 5.12
Current: 1.05

During the past 13 years, the highest Debt-to-EBITDA Ratio of SSAB AB (publ) was 5.12. The lowest was 0.33. And the median was 1.38.

SSAAF's Debt-to-EBITDA is ranked better than
76.92% of 494 companies
in the Steel industry
Industry Median: 2.855 vs SSAAF: 1.05

SSAB AB (publ)  (OTCPK:SSAAF) 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.


SSAB AB (publ) Debt-to-EBITDA Related Terms


SSAB AB (publ) Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for SSAB AB (publ)'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.

SSAB AB (publ) Debt-to-EBITDA Chart

SSAB AB (publ) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.33 0.50 0.77 1.04

SSAB AB (publ) 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 1.02 0.75 0.80 1.62 0.90

SSAAF vs NUE, STLD, RS: Debt-to-EBITDA Comparison

For the Steel subindustry, SSAB AB (publ)'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.


SSAB AB (publ) Debt-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, SSAB AB (publ)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where SSAB AB (publ)'s Debt-to-EBITDA falls into.


SSAAF
73GF Score
SSAB AB (publ) SSAAF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SSAB AB (publ) Debt-to-EBITDA Calculation

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

SSAB AB (publ)'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
=(225.534 + 995.104) / 1172.11
=1.04

SSAB AB (publ)'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
=(234.942 + 1003.735) / 1379.812
=0.90

* 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 0.90 mean?
SSAB AB (publ) (SSAAF) has a Debt-to-EBITDA of 0.90 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 SSAB AB (publ). This is 35% below median its historical median of 1.38. Over the past decade, SSAB AB (publ)'s Debt-to-EBITDA has ranged from 0.33 to 5.12. According to the industry distribution chart, SSAB AB (publ) ranks #114 out of 494 companies in the Steel industry, placing it in the top 23.1%.
Is SSAB AB (publ)'s Debt-to-EBITDA too high?
SSAB AB (publ)'s current Debt-to-EBITDA of 0.90 is 35% below median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 5.12. The Steel industry median Debt-to-EBITDA is 2.86. SSAB AB (publ)'s value of 0.90 is 68.5% below this industry median. Based on the distribution chart, SSAB AB (publ) ranks #114 out of 494 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, SSAB AB (publ) has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSAB AB (publ)'s Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, SSAB AB (publ) ranks #114 out of 494 companies for Debt-to-EBITDA. This places SSAB AB (publ) in the top 23% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.86. SSAB AB (publ)'s value of 0.90 is 68.5% below this benchmark. Historically, SSAB AB (publ)'s own Debt-to-EBITDA has ranged from 0.33 to 5.12 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 2.86, SSAB AB (publ) 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.86, based on 494 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. SSAB AB (publ)'s current Debt-to-EBITDA of 0.90 is 68.5% 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 SSAB AB (publ). For the Steel industry, the median Debt-to-EBITDA is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSAB AB (publ)'s current Debt-to-EBITDA is 0.90, which is 35% below median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSAB AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, SSAB AB (publ) (SSAAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.29, compared to a current price of $9.33 — trading 76.4% above its estimated fair value. The current Debt-to-EBITDA is 0.90, which is 35% below median its 10-year median of 1.38 and 68.5% below the Steel industry median of 2.86. SSAB AB (publ)'s overall GF Score™ is 73/100 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 SSAB AB (publ) (SSAAF), the current Debt-to-EBITDA is 0.90 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 SSAB AB (publ) (SSAAF) Overvalued in 2026?

Based on GuruFocus' analysis, SSAB AB (publ) stock appears to be overvalued. The current stock price of $9.33 is trading 76.4% above its estimated GF Value™ of $5.29. GuruFocus considers SSAB AB (publ) to be Significantly Overvalued.

Key valuation signals for SSAAF:

  • Debt-to-EBITDA: 0.90 (35% below median its 10-year median of 1.38)
  • GF Value™: $5.29 vs. price of $9.33 (76.4% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 68.5% below the Steel median (#114 of 494)

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


SSAB AB (publ) Business Description

Address Klarabergsviadukten 70, Building A, 8th floor, Stockholm, SWE, 11164
SSAB AB (publ) is a Swedish steel producer specializing in high-strength and specialty steels for applications across industries like automotive, construction, heavy transport, mining, and energy. The company manufactures quenched and tempered steels, high-strength steels, heavy plates, strip products, and tubular goods through divisions including SSAB Special Steels, SSAB Europe, and SSAB Americas, Tibnor and Ruukki Construction with production sites mainly in Sweden, Finland, and the United States, Europe and rest of the world.
73GF Score

Get the complete analysis for SSAAF

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

$9.33
Price
$5.29
GF Value