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Volkswagen AGVLKAF +0.72%76 Debt-to-EBITDA is 4.38 as of Mar. 2026, which is 16% above its 10-year median of 3.78. GuruFocus rates VLKAF with a GF Score™ of 76/100 and a GF Value™ of $116.62 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,097 Vehicles & Parts companies, Volkswagen AG ranks worse than 70.1% 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 Volkswagen AG's Debt-to-EBITDA or its related term are showing as below:
VLKAF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.42 Med: 3.78 Max: 4.3
Current: 3.94
During the past 13 years, the highest Debt-to-EBITDA Ratio of Volkswagen AG was 4.30. The lowest was 3.42. And the median was 3.78.
VLKAF's Debt-to-EBITDA is ranked worse than 70.1% of 1097
companies
in the Vehicles & Parts industry
Industry Median: 2.25
vs VLKAF: 3.94
Volkswagen AG (OTCPK:VLKAF) 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.
Volkswagen AG Debt-to-EBITDA Related Terms
Volkswagen AG Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Volkswagen AG'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.
For the Auto Manufacturers subindustry, Volkswagen AG'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.
Volkswagen AG Debt-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Volkswagen AG's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Volkswagen AG'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.
Volkswagen AG (VLKAF) has a Debt-to-EBITDA of 4.38 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 Volkswagen AG. This is 16% above median its historical median of 3.78. Over the past decade, Volkswagen AG's Debt-to-EBITDA has ranged from 3.42 to 4.30. According to the industry distribution chart, Volkswagen AG ranks #769 out of 1097 companies in the Vehicles & Parts industry, placing it in the top 70.1%.
Is Volkswagen AG's Debt-to-EBITDA too high?
Volkswagen AG's current Debt-to-EBITDA of 4.38 is 16% above median its 10-year median of 3.78. Over the past 10 years, this metric has ranged from a low of 3.42 to a high of 4.30. The Vehicles & Parts industry median Debt-to-EBITDA is 2.25. Volkswagen AG's value of 4.38 is 94.7% above this industry median. Based on the distribution chart, Volkswagen AG ranks #769 out of 1097 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Volkswagen AG has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Volkswagen AG's Debt-to-EBITDA compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Volkswagen AG ranks #769 out of 1097 companies for Debt-to-EBITDA. This places Volkswagen AG in the lower half of its industry. The industry median Debt-to-EBITDA is 2.25. Volkswagen AG's value of 4.38 is 94.7% above this benchmark. Historically, Volkswagen AG's own Debt-to-EBITDA has ranged from 3.42 to 4.30 over the past decade. While the company's 10-year median is 3.78 vs. the industry median of 2.25, Volkswagen AG 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 Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.25, based on 1,097 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. Volkswagen AG's current Debt-to-EBITDA of 4.38 is 94.7% 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 Volkswagen AG. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Volkswagen AG's current Debt-to-EBITDA is 4.38, which is 16% above median its own 10-year median of 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volkswagen AG stock overvalued right now?
Based on GuruFocus' analysis, Volkswagen AG (VLKAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $116.62, compared to a current price of $84.28 — trading 27.7% below its estimated fair value. The current Debt-to-EBITDA is 4.38, which is 16% above median its 10-year median of 3.78 and 94.7% above the Vehicles & Parts industry median of 2.25. Volkswagen AG's overall GF Score™ is 76/100 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 Volkswagen AG (VLKAF), the current Debt-to-EBITDA is 4.38 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 Volkswagen AG (VLKAF) Overvalued in 2026?
Based on GuruFocus' analysis, Volkswagen AG stock appears to be undervalued.
The current stock price of $84.28 is trading 27.7% below its estimated GF Value™ of $116.62.
GuruFocus considers Volkswagen AG to be Modestly Undervalued.
Key valuation signals for VLKAF:
Debt-to-EBITDA: 4.38 (16% above median its 10-year median of 3.78)
GF Value™: $116.62 vs. price of $84.28 (27.7% below fair value)
Industry Position: 94.7% above the Vehicles & Parts median (#769 of 1097)
No single metric tells the full story. See the VLKAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Volkswagen is the second-largest automotive original equipment manufacturer by vehicle sales globally, selling 9 million vehicles in 2025. Its four vehicle segments core (Volkswagen, SEAT, Skoda, and VW commercial), progressive (Audi, Lamborghini, and Bentley), sports luxury (Porsche), and Traton commercial vehicles (Traton, Scania, Navistar, MAN, and VW truck and bus) contribute 45%, 20%, 10%, and 13% to group revenue, respectively. It also has a vehicle software business (Cariad), batteries, power engineering production, and financial services.
76GF Score
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