Alithya Group (TSX:ALYA) Debt-to-EBITDA : 14.47 (As of Mar. 2026) — 278% Above Median

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TSX:ALYA Alithya Group Inc TSX:ALYA
60 GF Score
Price C$0.99
GF Value C$1.75
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Alithya Group Debt-to-EBITDA?

Alithya Group TSX:ALYA 60 Debt-to-EBITDA is 14.47 as of Mar. 2026, which is 278% above its 10-year median of 3.83. GuruFocus rates TSX:ALYA with a GF Score™ of 60/100 and a GF Value™ of C$1.75 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,716 Software companies, Alithya Group ranks worse than 58275% on this metric.

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

Alithya Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$10.1 Mil. Alithya Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$116.7 Mil. Alithya Group's annualized EBITDA for the quarter that ended in Mar. 2026 was C$8.8 Mil. Alithya Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 14.47.

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

TSX:ALYA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -66.99   Med: 3.83   Max: 37.44
Current: -18.74

During the past 10 years, the highest Debt-to-EBITDA Ratio of Alithya Group was 37.44. The lowest was -66.99. And the median was 3.83.

TSX:ALYA's Debt-to-EBITDA is ranked worse than
100% of 1716 companies
in the Software industry
Industry Median: 1.08 vs TSX:ALYA: -18.74

Alithya Group  (TSX:ALYA) 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.


Alithya Group Debt-to-EBITDA Related Terms


Alithya Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Alithya Group'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.

Alithya Group Debt-to-EBITDA Chart

Alithya Group 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 23.15 22.86 5.31 3.30 -18.74

Alithya Group 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 1.72 6.43 -1.64 3.88 14.47

TSX:ALYA vs IBM, ACN, FISV: Debt-to-EBITDA Comparison

For the Information Technology Services subindustry, Alithya Group'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.


Alithya Group Debt-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Alithya Group's Debt-to-EBITDA distribution charts can be found below:

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


TSX:ALYA
60GF Score
Alithya Group Inc TSX:ALYA
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alithya Group Debt-to-EBITDA Calculation

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

Alithya Group's Debt-to-EBITDA for the fiscal year 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
=(10.064 + 116.653) / -6.761
=-18.74

Alithya Group'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
=(10.064 + 116.653) / 8.756
=14.47

* 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 14.47 mean?
Alithya Group (TSX:ALYA) has a Debt-to-EBITDA of 14.47 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 Alithya Group. This is 278% above median its historical median of 3.83. According to the industry distribution chart, Alithya Group ranks #999999 out of 1716 companies in the Software industry.
Is Alithya Group's Debt-to-EBITDA too high?
Alithya Group's current Debt-to-EBITDA of 14.47 is 278% above median its 10-year median of 3.83. The Software industry median Debt-to-EBITDA is 1.08. Alithya Group's value of 14.47 is 1239.8% above this industry median. Based on the distribution chart, Alithya Group ranks #999999 out of 1716 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Alithya Group has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alithya Group's Debt-to-EBITDA compare to IBM and ACN?
According to the Software industry distribution chart, Alithya Group ranks #999999 out of 1716 companies for Debt-to-EBITDA. This places Alithya Group in the lower half of its industry. The industry median Debt-to-EBITDA is 1.08. Alithya Group's value of 14.47 is 1239.8% above this benchmark. While the company's 10-year median is 3.83 vs. the industry median of 1.08, Alithya Group 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.08, based on 1,716 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. Alithya Group's current Debt-to-EBITDA of 14.47 is 1239.8% 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 Alithya Group. For the Software industry, the median Debt-to-EBITDA is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alithya Group's current Debt-to-EBITDA is 14.47, which is 278% above median its own 10-year median of 3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alithya Group stock overvalued right now?
Based on GuruFocus' analysis, Alithya Group (TSX:ALYA) is currently considered Possible Value Trap. The stock's GF Value™ is C$1.75, compared to a current price of C$0.99 — trading 43.4% below its estimated fair value. The current Debt-to-EBITDA is 14.47, which is 278% above median its 10-year median of 3.83 and 1239.8% above the Software industry median of 1.08. Alithya Group's overall GF Score™ is 60/100 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 Alithya Group (TSX:ALYA), the current Debt-to-EBITDA is 14.47 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 Alithya Group (TSX:ALYA) Overvalued in 2026?

Based on GuruFocus' analysis, Alithya Group stock appears to be undervalued. The current stock price of C$0.99 is trading 43.4% below its estimated GF Value™ of C$1.75. GuruFocus considers Alithya Group to be Possible Value Trap.

Key valuation signals for TSX:ALYA:

  • Debt-to-EBITDA: 14.47 (278% above median its 10-year median of 3.83)
  • GF Value™: C$1.75 vs. price of C$0.99 (43.4% below fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 1239.8% above the Software median (#999999 of 1716)

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


Alithya Group Business Description

Other Exchanges ALYAF:USA0QZ:Germany
Address 700, Rene-Levesque West Boulevard, Suite 400, Montreal, QC, CAN, H3B 1X8
Alithya Group Inc Group Inc is a professional services firm providing IT services and solutions through the optimal use of digital technologies in the areas of strategic consulting, enterprise transformation, and business enablement. The Company serves a large and diversified client base across various industries, including banks with high credit ratings, government agencies, telecommunications, and retail. The Company has three operating and reportable segments based on geography: U.S., Canada, and International, with the U.S. generating maximum revenue.
60GF Score

Get the complete analysis for TSX:ALYA

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

C$0.99
Price
C$1.75
GF Value