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Vecima NetworksTSX:VCM +4.76%77 Debt-to-EBITDA is 1.83 as of Mar. 2026, which is 326% above its 10-year median of 0.43. GuruFocus rates TSX:VCM with a GF Score™ of 77/100 and a GF Value™ of C$15.84 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,796 Hardware companies, Vecima Networks ranks worse than 68.26% 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 Vecima Networks's Debt-to-EBITDA or its related term are showing as below:
TSX:VCM'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.08 Med: 0.43 Max: 6.28
Current: 3.37
During the past 13 years, the highest Debt-to-EBITDA Ratio of Vecima Networks was 6.28. The lowest was 0.08. And the median was 0.43.
TSX:VCM's Debt-to-EBITDA is ranked worse than 68.26% of 1796
companies
in the Hardware industry
Industry Median: 1.715
vs TSX:VCM: 3.37
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.
Vecima Networks Debt-to-EBITDA Related Terms
Vecima Networks Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Vecima Networks'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.
TSX:VCM vs CSCO, CIEN, MSI: Debt-to-EBITDA Comparison
For the Communication Equipment subindustry, Vecima Networks'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.
Vecima Networks Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Vecima Networks's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Vecima Networks'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 (Mar. 2026) EBITDA data.
Vecima Networks (TSX:VCM) has a Debt-to-EBITDA of 1.83 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 Vecima Networks. This is 326% above median its historical median of 0.43. Over the past decade, Vecima Networks' Debt-to-EBITDA has ranged from 0.08 to 6.28. According to the industry distribution chart, Vecima Networks ranks #1226 out of 1796 companies in the Hardware industry, placing it in the top 68.3%.
Is Vecima Networks' Debt-to-EBITDA too high?
Vecima Networks' current Debt-to-EBITDA of 1.83 is 326% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 6.28. The Hardware industry median Debt-to-EBITDA is 1.72. Vecima Networks' value of 1.83 is 6.7% above this industry median. Based on the distribution chart, Vecima Networks ranks #1226 out of 1796 companies in the Hardware industry, which is below the industry midpoint. Overall, Vecima Networks has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vecima Networks' Debt-to-EBITDA compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Vecima Networks ranks #1226 out of 1796 companies for Debt-to-EBITDA. This places Vecima Networks in the lower half of its industry. The industry median Debt-to-EBITDA is 1.72. Vecima Networks' value of 1.83 is 6.7% above this benchmark. Historically, Vecima Networks' own Debt-to-EBITDA has ranged from 0.08 to 6.28 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.72, Vecima Networks 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 1.72, based on 1,796 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. Vecima Networks's current Debt-to-EBITDA of 1.83 is 6.7% 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 Vecima Networks. For the Hardware industry, the median Debt-to-EBITDA is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vecima Networks's current Debt-to-EBITDA is 1.83, which is 326% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vecima Networks stock overvalued right now?
Based on GuruFocus' analysis, Vecima Networks (TSX:VCM) is currently considered Modestly Undervalued. The stock's GF Value™ is C$15.84, compared to a current price of C$12.99 — trading 18% below its estimated fair value. The current Debt-to-EBITDA is 1.83, which is 326% above median its 10-year median of 0.43 and 6.7% above the Hardware industry median of 1.72. Vecima Networks' overall GF Score™ is 77/100 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 Vecima Networks (TSX:VCM), the current Debt-to-EBITDA is 1.83 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 Vecima Networks (TSX:VCM) Overvalued in 2026?
Based on GuruFocus' analysis, Vecima Networks stock appears to be undervalued.
The current stock price of C$12.99 is trading 18% below its estimated GF Value™ of C$15.84.
GuruFocus considers Vecima Networks to be Modestly Undervalued.
Key valuation signals for TSX:VCM:
Debt-to-EBITDA: 1.83 (326% above median its 10-year median of 0.43)
GF Value™: C$15.84 vs. price of C$12.99 (18% below fair value)
Industry Position: 6.7% above the Hardware median (#1226 of 1796)
No single metric tells the full story. See the TSX:VCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vecima Networks Inc is a Canadian company that develops integrated hardware and software solutions for broadband access, content delivery, and telematics. It operates through three business segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The majority revenue generation segment, Video and Broadband Solutions segment, provides platforms that support broadband and video services over cable and fiber networks. The Content Delivery and Storage segment offers software and solutions for storing, transforming, and delivering video content. The Telematics segment provides fleet management and asset tracking solutions for mobile and fixed assets. The company has operations with offices and manufacturing facilities in several countries.
77GF Score
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