Synergon Holding AD (XBUL:SNRG) Debt-to-EBITDA : 2.33 (As of Mar. 2026) — 27% Below Median

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XBUL:SNRG Synergon Holding AD XBUL:SNRG
37 GF Score
Price €0.52
GF Value €0.88
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Synergon Holding AD Debt-to-EBITDA?

Synergon Holding AD XBUL:SNRG 37 Debt-to-EBITDA is 2.33 as of Mar. 2026, which is 27% below its 10-year median of 3.21. GuruFocus rates XBUL:SNRG with a GF Score™ of 37/100 and a GF Value™ of €0.88 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 386 Asset Management companies, Synergon Holding AD ranks worse than 67.1% on this metric.

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

Synergon Holding AD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €18.4 Mil. Synergon Holding AD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €9.0 Mil. Synergon Holding AD's annualized EBITDA for the quarter that ended in Mar. 2026 was €11.8 Mil. Synergon Holding AD's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.33.

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 Synergon Holding AD's Debt-to-EBITDA or its related term are showing as below:

XBUL:SNRG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -18.06   Med: 3.21   Max: 37.25
Current: 2.96

During the past 13 years, the highest Debt-to-EBITDA Ratio of Synergon Holding AD was 37.25. The lowest was -18.06. And the median was 3.21.

XBUL:SNRG's Debt-to-EBITDA is ranked worse than
67.1% of 386 companies
in the Asset Management industry
Industry Median: 1.42 vs XBUL:SNRG: 2.96

Synergon Holding AD  (XBUL:SNRG) 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.


Synergon Holding AD Debt-to-EBITDA Related Terms


Synergon Holding AD Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Synergon Holding AD'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.

Synergon Holding AD Debt-to-EBITDA Chart

Synergon Holding AD 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 18.54 1.04 1.58 3.72 2.07

Synergon Holding AD 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 0.85 -17.37 1.06 4.33 2.33

XBUL:SNRG vs BLK, BX, KKR: Debt-to-EBITDA Comparison

For the Asset Management subindustry, Synergon Holding AD'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.


Synergon Holding AD Debt-to-EBITDA vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Synergon Holding AD's Debt-to-EBITDA distribution charts can be found below:

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


XBUL:SNRG
37GF Score
Synergon Holding AD XBUL:SNRG
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Synergon Holding AD Debt-to-EBITDA Calculation

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

Synergon Holding AD'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
=(18.242 + 5.082) / 11.246
=2.07

Synergon Holding AD'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
=(18.4 + 9.022) / 11.772
=2.33

* 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 2.33 mean?
Synergon Holding AD (XBUL:SNRG) has a Debt-to-EBITDA of 2.33 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 Synergon Holding AD. This is 27% below median its historical median of 3.21. According to the industry distribution chart, Synergon Holding AD ranks #259 out of 386 companies in the Asset Management industry, placing it in the top 67.1%.
Is Synergon Holding AD's Debt-to-EBITDA too high?
Synergon Holding AD's current Debt-to-EBITDA of 2.33 is 27% below median its 10-year median of 3.21. The Asset Management industry median Debt-to-EBITDA is 1.42. Synergon Holding AD's value of 2.33 is 64.1% above this industry median. Based on the distribution chart, Synergon Holding AD ranks #259 out of 386 companies in the Asset Management industry, which is below the industry midpoint. Overall, Synergon Holding AD has a GF Score™ of 37/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Synergon Holding AD's Debt-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Synergon Holding AD ranks #259 out of 386 companies for Debt-to-EBITDA. This places Synergon Holding AD in the lower half of its industry. The industry median Debt-to-EBITDA is 1.42. Synergon Holding AD's value of 2.33 is 64.1% above this benchmark. While the company's 10-year median is 3.21 vs. the industry median of 1.42, Synergon Holding AD 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 Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.42, based on 386 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. Synergon Holding AD's current Debt-to-EBITDA of 2.33 is 64.1% 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 Synergon Holding AD. For the Asset Management industry, the median Debt-to-EBITDA is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synergon Holding AD's current Debt-to-EBITDA is 2.33, which is 27% below median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synergon Holding AD stock overvalued right now?
Based on GuruFocus' analysis, Synergon Holding AD (XBUL:SNRG) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.88, compared to a current price of €0.52 — trading 41.5% below its estimated fair value. The current Debt-to-EBITDA is 2.33, which is 27% below median its 10-year median of 3.21 and 64.1% above the Asset Management industry median of 1.42. Synergon Holding AD's overall GF Score™ is 37/100 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 Synergon Holding AD (XBUL:SNRG), the current Debt-to-EBITDA is 2.33 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 Synergon Holding AD (XBUL:SNRG) Overvalued in 2026?

Based on GuruFocus' analysis, Synergon Holding AD stock appears to be undervalued. The current stock price of €0.52 is trading 41.5% below its estimated GF Value™ of €0.88. GuruFocus considers Synergon Holding AD to be Significantly Undervalued.

Key valuation signals for XBUL:SNRG:

  • Debt-to-EBITDA: 2.33 (27% below median its 10-year median of 3.21)
  • GF Value™: €0.88 vs. price of €0.52 (41.5% below fair value)
  • GF Score™: 37/100 with 2 warning signs
  • Industry Position: 64.1% above the Asset Management median (#259 of 386)

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


Synergon Holding AD Business Description

Address 2 Solunska Street, Sofia, BGR, 1000
Synergon Holding AD is engaged in acquisition, management, valuation and sales of stake, patents, and bonds in Bulgaria and internationally. The company is also engaged in providing tourist services, hotel and restaurant services.
37GF Score

Get the complete analysis for XBUL:SNRG

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

€0.52
Price
€0.88
GF Value