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.
XPlusWAR:XPL -0.34%79 Debt-to-EBITDA is 0.02 as of Mar. 2026, which is 86% below its 10-year median of 0.14. GuruFocus rates WAR:XPL with a GF Score™ of 79/100 and a GF Value™ of zł1.90 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,722 Software companies, XPlus ranks better than 95.7% 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 XPlus's Debt-to-EBITDA or its related term are showing as below:
WAR:XPL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.43 Med: 0.14 Max: 0.28
Current: 0.03
During the past 13 years, the highest Debt-to-EBITDA Ratio of XPlus was 0.28. The lowest was -0.43. And the median was 0.14.
WAR:XPL's Debt-to-EBITDA is ranked better than 95.7% of 1722
companies
in the Software industry
Industry Median: 1.08
vs WAR:XPL: 0.03
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.
XPlus Debt-to-EBITDA Related Terms
XPlus Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for XPlus'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.
WAR:XPL vs MSFT, ORCL, PLTR: Debt-to-EBITDA Comparison
For the Software - Infrastructure subindustry, XPlus'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.
XPlus Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, XPlus's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where XPlus'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.
XPlus (WAR:XPL) has a Debt-to-EBITDA of 0.02 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 XPlus. This is 86% below median its historical median of 0.14. According to the industry distribution chart, XPlus ranks #74 out of 1722 companies in the Software industry, placing it in the top 4.3%.
Is XPlus' Debt-to-EBITDA too high?
XPlus' current Debt-to-EBITDA of 0.02 is 86% below median its 10-year median of 0.14. The Software industry median Debt-to-EBITDA is 1.08. XPlus' value of 0.02 is 98.1% below this industry median. Based on the distribution chart, XPlus ranks #74 out of 1722 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, XPlus has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does XPlus' Debt-to-EBITDA compare to MSFT and ORCL?
According to the Software industry distribution chart, XPlus ranks #74 out of 1722 companies for Debt-to-EBITDA. This places XPlus in the top 4% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.08. XPlus' value of 0.02 is 98.1% below this benchmark. While the company's 10-year median is 0.14 vs. the industry median of 1.08, XPlus has consistently been below 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 1,722 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. XPlus's current Debt-to-EBITDA of 0.02 is 98.1% below 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 XPlus. 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. XPlus's current Debt-to-EBITDA is 0.02, which is 86% below median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XPlus stock overvalued right now?
Based on GuruFocus' analysis, XPlus (WAR:XPL) is currently considered Significantly Overvalued. The stock's GF Value™ is zł1.90, compared to a current price of zł2.97 — trading 56.3% above its estimated fair value. The current Debt-to-EBITDA is 0.02, which is 86% below median its 10-year median of 0.14 and 98.1% below the Software industry median of 1.08. XPlus' overall GF Score™ is 79/100 with 1 warning sign 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 XPlus (WAR:XPL), the current Debt-to-EBITDA is 0.02 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 XPlus (WAR:XPL) Overvalued in 2026?
Based on GuruFocus' analysis, XPlus stock appears to be overvalued.
The current stock price of zł2.97 is trading 56.3% above its estimated GF Value™ of zł1.90.
GuruFocus considers XPlus to be Significantly Overvalued.
Key valuation signals for WAR:XPL:
Debt-to-EBITDA: 0.02 (86% below median its 10-year median of 0.14)
GF Value™: zł1.90 vs. price of zł2.97 (56.3% above fair value)
Industry Position: 98.1% below the Software median (#74 of 1722)
No single metric tells the full story. See the WAR:XPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
XPlus SA offers software and specialized implementation services in Poland. The company develops methods and tools to manage the organization in the design business. It also provides strategic and processes consultancy services as well as IT systems implementation services. Its ERP, CRM and XPLUS solutions include Microsoft Dynamics AX, Microsoft Dynamics CRM, Microsoft Dynamics 365, Uniform Audit File, Webcon BPS and EMCS.
79GF Score
Get the complete analysis for WAR:XPL
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:XPL has been successfully added to your 
