Enagas (WBO:ENG) Debt-to-EBITDA : 6.39 (As of Mar. 2026) — 23% Above Median

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WBO:ENG Enagas SA WBO:ENG
61 GF Score
Price €16.89
GF Value €14.11
! 9 Warning Signs
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What is Enagas Debt-to-EBITDA?

Enagas WBO:ENG +0.60% 61 Debt-to-EBITDA is 6.39 as of Mar. 2026, which is 23% above its 10-year median of 5.19. GuruFocus rates WBO:ENG with a GF Score™ of 61/100 and a GF Value™ of €14.11. The stock has 9 warning signs investors should review. Among 449 Utilities - Regulated companies, Enagas ranks better than 56.57% on this metric.

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

Enagas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €629 Mil. Enagas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €2,025 Mil. Enagas's annualized EBITDA for the quarter that ended in Mar. 2026 was €415 Mil. Enagas's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 6.39.

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

WBO:ENG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.51   Med: 5.19   Max: 41.09
Current: 3.51

During the past 13 years, the highest Debt-to-EBITDA Ratio of Enagas was 41.09. The lowest was 3.51. And the median was 5.19.

WBO:ENG's Debt-to-EBITDA is ranked better than
56.57% of 449 companies
in the Utilities - Regulated industry
Industry Median: 4.01 vs WBO:ENG: 3.51

Enagas  (WBO:ENG) 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.


Enagas Debt-to-EBITDA Related Terms


Enagas Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Enagas'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.

Enagas Debt-to-EBITDA Chart

Enagas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.12 5.00 4.69 41.09 3.70

Enagas 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 5.91 2.64 -62.57 1.84 6.39

WBO:ENG vs ATO, NI, UGI: Debt-to-EBITDA Comparison

For the Utilities - Regulated Gas subindustry, Enagas'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.


Enagas Debt-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Enagas's Debt-to-EBITDA distribution charts can be found below:

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


WBO:ENG
61GF Score
Enagas SA WBO:ENG
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enagas Debt-to-EBITDA Calculation

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

Enagas's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(581.054 + 2241.834) / 762.752
=3.70

Enagas'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
=(629.1 + 2024.9) / 415.2
=6.39

* 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 6.39 mean?
Enagas (WBO:ENG) has a Debt-to-EBITDA of 6.39 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 Enagas. This is 23% above median its historical median of 5.19. Over the past decade, Enagas' Debt-to-EBITDA has ranged from 3.51 to 41.09. According to the industry distribution chart, Enagas ranks #195 out of 449 companies in the Utilities - Regulated industry, placing it in the top 43.4%.
Is Enagas' Debt-to-EBITDA too high?
Enagas' current Debt-to-EBITDA of 6.39 is 23% above median its 10-year median of 5.19. Over the past 10 years, this metric has ranged from a low of 3.51 to a high of 41.09. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. Enagas' value of 6.39 is 59.4% above this industry median. Based on the distribution chart, Enagas ranks #195 out of 449 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Enagas has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Enagas' Debt-to-EBITDA compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Enagas ranks #195 out of 449 companies for Debt-to-EBITDA. This puts Enagas in the upper half of its industry. The industry median Debt-to-EBITDA is 4.01. Enagas' value of 6.39 is 59.4% above this benchmark. Historically, Enagas' own Debt-to-EBITDA has ranged from 3.51 to 41.09 over the past decade. While the company's 10-year median is 5.19 vs. the industry median of 4.01, Enagas 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 an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.01, based on 449 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. Enagas's current Debt-to-EBITDA of 6.39 is 59.4% 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 Enagas. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enagas's current Debt-to-EBITDA is 6.39, which is 23% above median its own 10-year median of 5.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enagas stock overvalued right now?
Enagas (WBO:ENG) has a current Debt-to-EBITDA of 6.39. The stock's GF Value™ is €14.11, compared to a current price of €16.89 — trading 19.7% above its estimated fair value. The current Debt-to-EBITDA is 6.39, which is 23% above median its 10-year median of 5.19 and 59.4% above the Utilities - Regulated industry median of 4.01. Enagas' overall GF Score™ is 61/100 with 9 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 Enagas (WBO:ENG), the current Debt-to-EBITDA is 6.39 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 Enagas (WBO:ENG) Overvalued in 2026?

Based on GuruFocus' analysis, Enagas stock appears to be overvalued. The current stock price of €16.89 is trading 19.7% above its estimated GF Value™ of €14.11.

Key valuation signals for WBO:ENG:

  • Debt-to-EBITDA: 6.39 (23% above median its 10-year median of 5.19)
  • GF Value™: €14.11 vs. price of €16.89 (19.7% above fair value)
  • GF Score™: 61/100 with 9 warning signs
  • Industry Position: 59.4% above the Utilities - Regulated median (#195 of 449)

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


Enagas Business Description

Address Paseo De Los Olmos, 19, Madrid, ESP, 28005
Enagas SA is a Spanish utility company involved in the transport, storage, and regasification of natural gas. Its segment include operations into Regulated, Gas international, New businesses, Hydrogen, and Other areas. Geographically, the company operates in Europe, South America, and North America.
61GF Score

Get the complete analysis for WBO:ENG

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

€16.89
Price
€14.11
GF Value