Rath AG (WBO:RAT) Debt-to-EBITDA : -18.11 (As of Dec. 2025)

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WBO:RAT Rath AG WBO:RAT
58 GF Score
Price €23.60
GF Value €19.97
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Rath AG Debt-to-EBITDA?

Rath AG WBO:RAT -11.94% 58 Debt-to-EBITDA is -18.11 as of Dec. 2025. GuruFocus rates WBO:RAT with a GF Score™ of 58/100 and a GF Value™ of €19.97 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,405 Construction companies, Rath AG ranks worse than 71174.31% on this metric.

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

Rath AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €1.35 Mil. Rath AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €49.06 Mil. Rath AG's annualized EBITDA for the quarter that ended in Dec. 2025 was €-2.78 Mil. Rath AG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was -18.11.

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

WBO:RAT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -17.91   Med: 3.05   Max: 7.87
Current: -17.91

During the past 13 years, the highest Debt-to-EBITDA Ratio of Rath AG was 7.87. The lowest was -17.91. And the median was 3.05.

WBO:RAT's Debt-to-EBITDA is ranked worse than
100% of 1405 companies
in the Construction industry
Industry Median: 2.14 vs WBO:RAT: -17.91

Rath AG  (WBO:RAT) 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.


Rath AG Debt-to-EBITDA Related Terms


Rath AG Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Rath 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.

Rath AG Debt-to-EBITDA Chart

Rath AG 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 3.08 3.94 3.01 6.58 -17.91

Rath AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.37 11.40 4.62 -17.68 -18.11

WBO:RAT vs TT, JCI, CARR: Debt-to-EBITDA Comparison

For the Building Products & Equipment subindustry, Rath 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.


Rath AG Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Rath AG's Debt-to-EBITDA distribution charts can be found below:

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


WBO:RAT
58GF Score
Rath AG WBO:RAT
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rath AG Debt-to-EBITDA Calculation

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

Rath AG'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
=(1.353 + 49.057) / -2.814
=-17.91

Rath AG's annualized Debt-to-EBITDA for the quarter 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
=(1.353 + 49.057) / -2.784
=-18.11

* 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 two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -18.11 mean?
Rath AG (WBO:RAT) has a Debt-to-EBITDA of -18.11 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Rath AG. According to the industry distribution chart, Rath AG ranks #999999 out of 1405 companies in the Construction industry.
Is Rath AG's Debt-to-EBITDA too high?
Rath AG's current Debt-to-EBITDA is -18.11. Based on the distribution chart, Rath AG ranks #999999 out of 1405 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Rath AG has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rath AG's Debt-to-EBITDA compare to TT and JCI?
According to the Construction industry distribution chart, Rath AG ranks #999999 out of 1405 companies for Debt-to-EBITDA. This places Rath AG in the lower half of its industry. The industry median Debt-to-EBITDA is 2.14. 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.14, based on 1,405 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 Rath AG. For the Construction industry, the median Debt-to-EBITDA is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rath AG's current Debt-to-EBITDA is -18.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rath AG stock overvalued right now?
Based on GuruFocus' analysis, Rath AG (WBO:RAT) is currently considered Modestly Overvalued. The stock's GF Value™ is €19.97, compared to a current price of €23.60 — trading 18.2% above its estimated fair value. The current Debt-to-EBITDA is -18.11. Rath AG's overall GF Score™ is 58/100 with 6 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 Rath AG (WBO:RAT), the current Debt-to-EBITDA is -18.11 as of Dec. 2025. 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 Rath AG (WBO:RAT) Overvalued in 2026?

Based on GuruFocus' analysis, Rath AG stock appears to be overvalued. The current stock price of €23.60 is trading 18.2% above its estimated GF Value™ of €19.97. GuruFocus considers Rath AG to be Modestly Overvalued.

Key valuation signals for WBO:RAT:

  • Debt-to-EBITDA: -18.11
  • GF Value™: €19.97 vs. price of €23.60 (18.2% above fair value)
  • GF Score™: 58/100 with 6 warning signs

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


Rath AG Business Description

Address Walfischgasse 14, Vienna, AUT, 1015
Rath AG is an Austrian company that manufactures refractory products. It produces are dense stones, continuous fiber, Unshaped products, Concrete components, light firebricks, High-temperature wool, and Vacuum formed parts. It operates in different industry sectors, namely Cement, Steel, Glass, Aluminum, Special furnaces, Hot gas filtration, Ceramics, Energy, Chemistry, and Domestic fireplaces.
58GF Score

Get the complete analysis for WBO:RAT

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

€23.60
Price
€19.97
GF Value