Nacon (STU:4AW) Debt-to-EBITDA : 2.17 (As of Sep. 2025) — 41% Above Median

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What is Nacon Debt-to-EBITDA?

Nacon STU:4AW +3.57% Debt-to-EBITDA is 2.17 as of Sep. 2025, which is 41% above its 10-year median of 1.54. The stock has 4 warning signs investors should review. Among 300 Interactive Media companies, Nacon ranks worse than 76.67% on this metric.

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

Nacon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was €50.3 Mil. Nacon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was €85.9 Mil. Nacon's annualized EBITDA for the quarter that ended in Sep. 2025 was €62.6 Mil. Nacon's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 was 2.17.

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

STU:4AW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.35   Med: 1.54   Max: 3.64
Current: 2.45

During the past 10 years, the highest Debt-to-EBITDA Ratio of Nacon was 3.64. The lowest was 0.35. And the median was 1.54.

STU:4AW's Debt-to-EBITDA is ranked worse than
76.67% of 300 companies
in the Interactive Media industry
Industry Median: 0.62 vs STU:4AW: 2.45

Nacon  (STU:4AW) 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.


Nacon Debt-to-EBITDA Related Terms


Nacon Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Nacon'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.

Nacon Debt-to-EBITDA Chart

Nacon Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.64 3.49 2.03 2.55 0.00

Nacon Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.73 2.50 2.48 2.17 0.00

STU:4AW vs NTES, EA, TTWO: Debt-to-EBITDA Comparison

For the Electronic Gaming & Multimedia subindustry, Nacon'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.


Nacon Debt-to-EBITDA vs Interactive Media Industry

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

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



Nacon Debt-to-EBITDA Calculation

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

Nacon'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
=(50.743 + 98.934) / 58.645
=2.55

Nacon'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
=(50.289 + 85.872) / 62.644
=2.17

* 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 2.17 mean?
Nacon (STU:4AW) has a Debt-to-EBITDA of 2.17 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 Nacon. This is 41% above median its historical median of 1.54. Over the past decade, Nacon's Debt-to-EBITDA has ranged from 0.35 to 3.64. According to the industry distribution chart, Nacon ranks #230 out of 300 companies in the Interactive Media industry, placing it in the top 76.7%.
Is Nacon's Debt-to-EBITDA too high?
Nacon's current Debt-to-EBITDA of 2.17 is 41% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 3.64. The Interactive Media industry median Debt-to-EBITDA is 0.62. Nacon's value of 2.17 is 250% above this industry median. Based on the distribution chart, Nacon ranks #230 out of 300 companies in the Interactive Media industry, which is in the bottom quartile relative to peers.
How does Nacon's Debt-to-EBITDA compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nacon ranks #230 out of 300 companies for Debt-to-EBITDA. This places Nacon in the lower half of its industry. The industry median Debt-to-EBITDA is 0.62. Nacon's value of 2.17 is 250% above this benchmark. Historically, Nacon's own Debt-to-EBITDA has ranged from 0.35 to 3.64 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 0.62, Nacon 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 0.62, based on 300 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. Nacon's current Debt-to-EBITDA of 2.17 is 250% 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 Nacon. For the Interactive Media industry, the median Debt-to-EBITDA is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nacon's current Debt-to-EBITDA is 2.17, which is 41% above 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 Nacon stock overvalued right now?
Based on GuruFocus' analysis, Nacon (STU:4AW) is currently considered Possible Value Trap. The stock's GF Value™ is €0.95, compared to a current price of €0.08 — trading 91.1% below its estimated fair value. The current Debt-to-EBITDA is 2.17, which is 41% above median its 10-year median of 1.54 and 250% above the Interactive Media industry median of 0.62. 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 Nacon (STU:4AW), the current Debt-to-EBITDA is 2.17 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.

Nacon Business Description

Other Exchanges 0A9N:UKNACON:France
Address 396/466, Rue de la Voyette, CRT 2, Fretin, FRA, 59273
Nacon SA is engaged in the development, publishing, marketing, and distribution of video games in physical and digital formats and the design, development, manufacturing, and distribution of video game accessories. Products/services: The Group offers video game software for consoles and PC, including internally and externally developed titles, and a range of gaming accessories such as controllers and related peripherals. Segments: It operates through two main segments, comprising video games (development and publishing) and gaming accessories. The Group operates internationally, with activities covering Europe, North America, and other international markets through digital platforms, distributors, and subsidiaries.