Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Orion BreweriesTSE:409A -0.33%11 Debt-to-EBITDA is 2.70 as of Sep. 2025, which is 45% above its 10-year median of 1.86. GuruFocus rates TSE:409A with a GF Score™ of 11/100. The stock has 2 warning signs investors should review. Among 156 Beverages - Alcoholic companies, Orion Breweries ranks worse than 64.1% 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 Orion Breweries's Debt-to-EBITDA or its related term are showing as below:
TSE:409A'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.53 Med: 1.86 Max: 3.2
Current: 3.2
During the past 2 years, the highest Debt-to-EBITDA Ratio of Orion Breweries was 3.20. The lowest was 1.53. And the median was 1.86.
TSE:409A's Debt-to-EBITDA is ranked worse than 64.1% of 156
companies
in the Beverages - Alcoholic industry
Industry Median: 2.13
vs TSE:409A: 3.20
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.
Orion Breweries Debt-to-EBITDA Related Terms
Orion Breweries Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Orion Breweries'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.
Orion Breweries Debt-to-EBITDA Chart
Orion Breweries Annual Data
Trend
Mar24
Mar25
Debt-to-EBITDA
1.53
2.19
Orion Breweries Quarterly Data
Mar24
Mar25
Jun25
Sep25
Dec25
Debt-to-EBITDA
N/A
N/A
1.94
2.70
2.84
TSE:409A vs STZ, TAP: Debt-to-EBITDA Comparison
For the Beverages - Brewers subindustry, Orion Breweries'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.
Orion Breweries Debt-to-EBITDA vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Orion Breweries's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Orion Breweries'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 four times the quarterly (Sep. 2025) EBITDA data.
Orion Breweries (TSE:409A) has a Debt-to-EBITDA of 2.70 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 Orion Breweries. This is 45% above median its historical median of 1.86. Over the past decade, Orion Breweries' Debt-to-EBITDA has ranged from 1.53 to 3.20. According to the industry distribution chart, Orion Breweries ranks #100 out of 156 companies in the Beverages - Alcoholic industry, placing it in the top 64.1%.
Is Orion Breweries' Debt-to-EBITDA too high?
Orion Breweries' current Debt-to-EBITDA of 2.70 is 45% above median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 3.20. The Beverages - Alcoholic industry median Debt-to-EBITDA is 2.13. Orion Breweries' value of 2.70 is 26.8% above this industry median. Based on the distribution chart, Orion Breweries ranks #100 out of 156 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Orion Breweries has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Orion Breweries' Debt-to-EBITDA compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Orion Breweries ranks #100 out of 156 companies for Debt-to-EBITDA. This places Orion Breweries in the lower half of its industry. The industry median Debt-to-EBITDA is 2.13. Orion Breweries' value of 2.70 is 26.8% above this benchmark. Historically, Orion Breweries' own Debt-to-EBITDA has ranged from 1.53 to 3.20 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 2.13, Orion Breweries 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 Beverages - Alcoholic company?
The median Debt-to-EBITDA among Beverages - Alcoholic companies is 2.13, based on 156 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. Orion Breweries's current Debt-to-EBITDA of 2.70 is 26.8% 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 Orion Breweries. For the Beverages - Alcoholic industry, the median Debt-to-EBITDA is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orion Breweries's current Debt-to-EBITDA is 2.70, which is 45% above median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orion Breweries stock overvalued right now?
Orion Breweries (TSE:409A) has a current Debt-to-EBITDA of 2.70. The current Debt-to-EBITDA is 2.70, which is 45% above median its 10-year median of 1.86 and 26.8% above the Beverages - Alcoholic industry median of 2.13. Orion Breweries' overall GF Score™ is 11/100 with 2 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 Orion Breweries (TSE:409A), the current Debt-to-EBITDA is 2.70 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:409A has been successfully added to your 
