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Technology OneTHNOF +2.95%96 Debt-to-EBITDA is 0.18 as of Mar. 2026, which is 22% below its 10-year median of 0.23. GuruFocus rates THNOF with a GF Score™ of 96/100 and a GF Value™ of $21.36 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,720 Software companies, Technology One ranks better than 80.64% 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 Technology One's Debt-to-EBITDA or its related term are showing as below:
THNOF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0 Med: 0.23 Max: 0.29
Current: 0.18
During the past 13 years, the highest Debt-to-EBITDA Ratio of Technology One was 0.29. The lowest was 0.00. And the median was 0.23.
THNOF's Debt-to-EBITDA is ranked better than 80.64% of 1720
companies
in the Software industry
Industry Median: 1.085
vs THNOF: 0.18
Technology One (OTCPK:THNOF) Debt-to-EBITDA Explanation
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.
Technology One Debt-to-EBITDA Related Terms
Technology One Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Technology One'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.
THNOF vs UBER, SHOP, CRM: Debt-to-EBITDA Comparison
For the Software - Application subindustry, Technology One'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.
Technology One Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Technology One's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Technology One'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 (Mar. 2026) EBITDA data.
Technology One (THNOF) has a Debt-to-EBITDA of 0.18 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 Technology One. This is 22% below median its historical median of 0.23. According to the industry distribution chart, Technology One ranks #333 out of 1720 companies in the Software industry, placing it in the top 19.4%.
Is Technology One's Debt-to-EBITDA too high?
Technology One's current Debt-to-EBITDA of 0.18 is 22% below median its 10-year median of 0.23. The Software industry median Debt-to-EBITDA is 1.09. Technology One's value of 0.18 is 83.4% below this industry median. Based on the distribution chart, Technology One ranks #333 out of 1720 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Technology One has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Technology One's Debt-to-EBITDA compare to UBER and SHOP?
According to the Software industry distribution chart, Technology One ranks #333 out of 1720 companies for Debt-to-EBITDA. This places Technology One in the top 19% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.09. Technology One's value of 0.18 is 83.4% below this benchmark. While the company's 10-year median is 0.23 vs. the industry median of 1.09, Technology One 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.09, based on 1,720 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. Technology One's current Debt-to-EBITDA of 0.18 is 83.4% 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 Technology One. For the Software industry, the median Debt-to-EBITDA is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technology One's current Debt-to-EBITDA is 0.18, which is 22% below median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technology One stock overvalued right now?
Based on GuruFocus' analysis, Technology One (THNOF) is currently considered Fairly Valued. The stock's GF Value™ is $21.36, compared to a current price of $22.00 — trading 3% above its estimated fair value. The current Debt-to-EBITDA is 0.18, which is 22% below median its 10-year median of 0.23 and 83.4% below the Software industry median of 1.09. Technology One's overall GF Score™ is 96/100 with 1 warning sign 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 Technology One (THNOF), the current Debt-to-EBITDA is 0.18 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 Technology One (THNOF) Overvalued in 2026?
Based on GuruFocus' analysis, Technology One stock appears to be overvalued.
The current stock price of $22.00 is trading 3% above its estimated GF Value™ of $21.36.
GuruFocus considers Technology One to be Fairly Valued.
Key valuation signals for THNOF:
Debt-to-EBITDA: 0.18 (22% below median its 10-year median of 0.23)
GF Value™: $21.36 vs. price of $22.00 (3% above fair value)
Industry Position: 83.4% below the Software median (#333 of 1720)
No single metric tells the full story. See the THNOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technology One is a technology company providing enterprise resource planning software, primarily to governmental organizations, education institutions, and healthcare organizations in Australia, New Zealand, and the United Kingdom. Over the past three decades, Technology One has successfully carved out its niche, boasting dominant market shares in some of its key verticals, world-leading annual customer retention rates of over 99%, and a consistently growing number of products used per customer.
96GF Score
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