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Partners Group Holding AGSTU:P2H 75 Debt-to-EBITDA is 1.41 as of Dec. 2025, which is 58% above its 10-year median of 0.89. GuruFocus rates STU:P2H with a GF Score™ of 75/100 and a GF Value™ of €1,471.94 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 385 Asset Management companies, Partners Group Holding AG ranks worse than 52.47% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Partners Group Holding AG's Debt-to-EBITDA or its related term are showing as below:
STU:P2H'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.33 Med: 0.89 Max: 1.51
Current: 1.51
During the past 13 years, the highest Debt-to-EBITDA Ratio of Partners Group Holding AG was 1.51. The lowest was 0.33. And the median was 0.89.
STU:P2H's Debt-to-EBITDA is ranked worse than 52.47% of 385
companies
in the Asset Management industry
Industry Median: 1.39
vs STU:P2H: 1.51
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.
Partners Group Holding AG Debt-to-EBITDA Related Terms
Partners Group Holding AG Debt-to-EBITDA Historical Data
* 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.
STU:P2H vs BLK, BX, KKR: Debt-to-EBITDA Comparison
For the Asset Management subindustry, Partners Group Holding AG'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.
Partners Group Holding AG Debt-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Partners Group Holding AG's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Partners Group Holding AG's Debt-to-EBITDA falls into.
* 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 (Dec. 2025) EBITDA data.
Partners Group Holding AG (STU:P2H) has a Debt-to-EBITDA of 1.41 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Partners Group Holding AG. This is 58% above median its historical median of 0.89. Over the past decade, Partners Group Holding AG's Debt-to-EBITDA has ranged from 0.33 to 1.51. According to the industry distribution chart, Partners Group Holding AG ranks #202 out of 385 companies in the Asset Management industry, placing it in the top 52.5%.
Is Partners Group Holding AG's Debt-to-EBITDA too high?
Partners Group Holding AG's current Debt-to-EBITDA of 1.41 is 58% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 1.51. The Asset Management industry median Debt-to-EBITDA is 1.39. Partners Group Holding AG's value of 1.41 is 1.4% above this industry median. Based on the distribution chart, Partners Group Holding AG ranks #202 out of 385 companies in the Asset Management industry, which is below the industry midpoint. Overall, Partners Group Holding AG has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Partners Group Holding AG's Debt-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Partners Group Holding AG ranks #202 out of 385 companies for Debt-to-EBITDA. This places Partners Group Holding AG in the lower half of its industry. The industry median Debt-to-EBITDA is 1.39. Partners Group Holding AG's value of 1.41 is 1.4% above this benchmark. Historically, Partners Group Holding AG's own Debt-to-EBITDA has ranged from 0.33 to 1.51 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 1.39, Partners Group Holding AG 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 Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.39, based on 385 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. Partners Group Holding AG's current Debt-to-EBITDA of 1.41 is 1.4% 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 Partners Group Holding AG. For the Asset Management industry, the median Debt-to-EBITDA is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Partners Group Holding AG's current Debt-to-EBITDA is 1.41, which is 58% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Partners Group Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Partners Group Holding AG (STU:P2H) is currently considered Significantly Undervalued. The stock's GF Value™ is €1,471.94, compared to a current price of €784.00 — trading 46.7% below its estimated fair value. The current Debt-to-EBITDA is 1.41, which is 58% above median its 10-year median of 0.89 and 1.4% above the Asset Management industry median of 1.39. Partners Group Holding AG's overall GF Score™ is 75/100 with 4 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 Partners Group Holding AG (STU:P2H), the current Debt-to-EBITDA is 1.41 as of Dec. 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 Partners Group Holding AG (STU:P2H) Overvalued in 2026?
Based on GuruFocus' analysis, Partners Group Holding AG stock appears to be undervalued.
The current stock price of €784.00 is trading 46.7% below its estimated GF Value™ of €1,471.94.
GuruFocus considers Partners Group Holding AG to be Significantly Undervalued.
Key valuation signals for STU:P2H:
Debt-to-EBITDA: 1.41 (58% above median its 10-year median of 0.89)
GF Value™: €1,471.94 vs. price of €784.00 (46.7% below fair value)
Industry Position: 1.4% above the Asset Management median (#202 of 385)
No single metric tells the full story. See the STU:P2H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Partners Group is a Swiss-based global alternative asset manager founded in 1996. It manages funds invested in private equity, private credit, real estate, and infrastructure. Most of Partners Group's assets are invested in Europe and the Americas, with a smaller exposure to Asia and the Middle East. Partners Group operates a differentiated business model, offering bespoke client solutions through diversified portfolios tailored to each client individually, semiliquid open-ended funds, alongside traditional closed-end funds.
75GF Score
Get the complete analysis for STU:P2H
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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