LSI Industries (STU:LS2) Debt-to-EBITDA : 10.87 (As of Mar. 2026) — 693% Above Median

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STU:LS2 LSI Industries Inc STU:LS2
87 GF Score
Price €20.80
GF Value €17.14
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is LSI Industries Debt-to-EBITDA?

LSI Industries STU:LS2 -0.95% 87 Debt-to-EBITDA is 10.87 as of Mar. 2026, which is 693% above its 10-year median of 1.37. GuruFocus rates STU:LS2 with a GF Score™ of 87/100 and a GF Value™ of €17.14 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,795 Hardware companies, LSI Industries ranks worse than 83.68% on this metric.

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

LSI Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €60.7 Mil. LSI Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €211.1 Mil. LSI Industries's annualized EBITDA for the quarter that ended in Mar. 2026 was €25.0 Mil. LSI Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 10.87.

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

STU:LS2' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.05   Med: 1.37   Max: 6.38
Current: 6.38

During the past 13 years, the highest Debt-to-EBITDA Ratio of LSI Industries was 6.38. The lowest was -4.05. And the median was 1.37.

STU:LS2's Debt-to-EBITDA is ranked worse than
83.68% of 1795 companies
in the Hardware industry
Industry Median: 1.73 vs STU:LS2: 6.38

LSI Industries  (STU:LS2) 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.


LSI Industries Debt-to-EBITDA Related Terms


LSI Industries Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for LSI Industries'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.

LSI Industries Debt-to-EBITDA Chart

LSI Industries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.04 2.91 0.99 1.59 1.37

LSI Industries 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 2.00 1.03 1.25 1.21 10.87

STU:LS2 vs DAKT, LPTH, KOPN: Debt-to-EBITDA Comparison

For the Electronic Components subindustry, LSI Industries'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.


LSI Industries Debt-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, LSI Industries's Debt-to-EBITDA distribution charts can be found below:

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


STU:LS2
87GF Score
LSI Industries Inc STU:LS2
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LSI Industries Debt-to-EBITDA Calculation

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

LSI Industries's Debt-to-EBITDA for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.33 + 49.448) / 42.259
=1.37

LSI Industries'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
=(60.686 + 211.061) / 25
=10.87

* 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 10.87 mean?
LSI Industries (STU:LS2) has a Debt-to-EBITDA of 10.87 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 LSI Industries. This is 693% above median its historical median of 1.37. According to the industry distribution chart, LSI Industries ranks #1502 out of 1795 companies in the Hardware industry, placing it in the top 83.7%.
Is LSI Industries' Debt-to-EBITDA too high?
LSI Industries' current Debt-to-EBITDA of 10.87 is 693% above median its 10-year median of 1.37. The Hardware industry median Debt-to-EBITDA is 1.73. LSI Industries' value of 10.87 is 528.3% above this industry median. Based on the distribution chart, LSI Industries ranks #1502 out of 1795 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, LSI Industries has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LSI Industries' Debt-to-EBITDA compare to DAKT and LPTH?
According to the Hardware industry distribution chart, LSI Industries ranks #1502 out of 1795 companies for Debt-to-EBITDA. This places LSI Industries in the lower half of its industry. The industry median Debt-to-EBITDA is 1.73. LSI Industries' value of 10.87 is 528.3% above this benchmark. While the company's 10-year median is 1.37 vs. the industry median of 1.73, LSI Industries 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 a Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.73, based on 1,795 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. LSI Industries's current Debt-to-EBITDA of 10.87 is 528.3% 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 LSI Industries. For the Hardware industry, the median Debt-to-EBITDA is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LSI Industries's current Debt-to-EBITDA is 10.87, which is 693% above median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LSI Industries stock overvalued right now?
Based on GuruFocus' analysis, LSI Industries (STU:LS2) is currently considered Modestly Overvalued. The stock's GF Value™ is €17.14, compared to a current price of €20.80 — trading 21.4% above its estimated fair value. The current Debt-to-EBITDA is 10.87, which is 693% above median its 10-year median of 1.37 and 528.3% above the Hardware industry median of 1.73. LSI Industries' overall GF Score™ is 87/100 with 8 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 LSI Industries (STU:LS2), the current Debt-to-EBITDA is 10.87 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 LSI Industries (STU:LS2) Overvalued in 2026?

Based on GuruFocus' analysis, LSI Industries stock appears to be overvalued. The current stock price of €20.80 is trading 21.4% above its estimated GF Value™ of €17.14. GuruFocus considers LSI Industries to be Modestly Overvalued.

Key valuation signals for STU:LS2:

  • Debt-to-EBITDA: 10.87 (693% above median its 10-year median of 1.37)
  • GF Value™: €17.14 vs. price of €20.80 (21.4% above fair value)
  • GF Score™: 87/100 with 8 warning signs
  • Industry Position: 528.3% above the Hardware median (#1502 of 1795)

No single metric tells the full story. See the STU:LS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LSI Industries Business Description

Other Exchanges LYTS:USA
Address 10000 Alliance Road, Cincinnati, OH, USA, 45242
LSI Industries Inc provides corporate visual image solutions to the petroleum and convenience store industry. The company's operating segments include Lighting and Display Solutions. It generates maximum revenue from the Display solutions segment. Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets, including the petroleum/convenience store, quick-service, and automotive markets. The Display Solutions Segment manufactures, sells, and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays, and custom display elements.
87GF Score

Get the complete analysis for STU:LS2

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

€20.80
Price
€17.14
GF Value