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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 Findev's Debt-to-EBITDA or its related term are showing as below:
TSXV:FDI's Debt-to-EBITDA is not ranked *
in the Banks industry.
Industry Median: 10.205 * Ranked among companies with meaningful Debt-to-EBITDA only.
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.
Findev Debt-to-EBITDA Related Terms
Findev Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Findev'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.
TSXV:FDI vs RKT, FNMA, PFSI: Debt-to-EBITDA Comparison
For the Mortgage Finance subindustry, Findev'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.
Findev Debt-to-EBITDA vs Banks Industry
For the Banks industry and Financial Services sector, Findev's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Findev'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.
Findev (TSXV:FDI) has a Debt-to-EBITDA of 0.00 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 Findev. According to the industry distribution chart, Findev ranks #999999 out of 32 companies in the Banks industry.
Is Findev's Debt-to-EBITDA too high?
Findev's current Debt-to-EBITDA is 0.00. Based on the distribution chart, Findev ranks #999999 out of 32 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Findev has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Findev's Debt-to-EBITDA compare to RKT and FNMA?
According to the Banks industry distribution chart, Findev ranks #999999 out of 32 companies for Debt-to-EBITDA. This places Findev in the lower half of its industry. The industry median Debt-to-EBITDA is 10.21. 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 Banks company?
The median Debt-to-EBITDA among Banks companies is 10.21, based on 32 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. 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 Findev. For the Banks industry, the median Debt-to-EBITDA is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Findev's current Debt-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Findev stock overvalued right now?
Based on GuruFocus' analysis, Findev (TSXV:FDI) is currently considered Fairly Valued. The stock's GF Value™ is C$0.32, compared to a current price of C$0.35 — trading 9.4% above its estimated fair value. The current Debt-to-EBITDA is 0.00. Findev's overall GF Score™ is 56/100 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 Findev (TSXV:FDI), the current Debt-to-EBITDA is 0.00 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 Findev (TSXV:FDI) Overvalued in 2026?
Based on GuruFocus' analysis, Findev stock appears to be overvalued.
The current stock price of C$0.35 is trading 9.4% above its estimated GF Value™ of C$0.32.
GuruFocus considers Findev to be Fairly Valued.
Key valuation signals for TSXV:FDI:
Debt-to-EBITDA: 0.00
GF Value™: C$0.32 vs. price of C$0.35 (9.4% above fair value)
No single metric tells the full story. See the TSXV:FDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Findev Inc is a real estate financing company that lends money to real estate projects that are identified as uniquely positioned to generate above average returns in a two to three year timeframe.
56GF Score
Get the complete analysis for TSXV:FDI
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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