Aryzta AG (XSWX:ARYN) Debt-to-EBITDA : 2.20 (As of Dec. 2025) — Near Median

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XSWX:ARYN Aryzta AG XSWX:ARYN
66 GF Score
Price CHF56.40
GF Value CHF66.49
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Aryzta AG Debt-to-EBITDA?

Aryzta AG XSWX:ARYN +0.71% 66 Debt-to-EBITDA is 2.20 as of Dec. 2025, which is 3% above its 10-year median of 2.13. GuruFocus rates XSWX:ARYN with a GF Score™ of 66/100 and a GF Value™ of CHF66.49 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,545 Consumer Packaged Goods companies, Aryzta AG ranks worse than 52.1% on this metric.

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

Aryzta AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was CHF33 Mil. Aryzta AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was CHF634 Mil. Aryzta AG's annualized EBITDA for the quarter that ended in Dec. 2025 was CHF303 Mil. Aryzta AG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 2.20.

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

XSWX:ARYN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -17.02   Med: 2.13   Max: 4.49
Current: 2.22

During the past 13 years, the highest Debt-to-EBITDA Ratio of Aryzta AG was 4.49. The lowest was -17.02. And the median was 2.13.

XSWX:ARYN's Debt-to-EBITDA is ranked worse than
52.1% of 1545 companies
in the Consumer Packaged Goods industry
Industry Median: 2.05 vs XSWX:ARYN: 2.22

Aryzta AG  (XSWX:ARYN) 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.


Aryzta AG Debt-to-EBITDA Related Terms


Aryzta AG Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Aryzta 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.

Aryzta AG Debt-to-EBITDA Chart

Aryzta AG Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 3.25 1.87 2.39 2.23

Aryzta AG Semi-Annual Data
Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 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 1.76 1.61 2.27 2.54 2.20

XSWX:ARYN vs KHC, GIS, HRL: Debt-to-EBITDA Comparison

For the Packaged Foods subindustry, Aryzta 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.


Aryzta AG Debt-to-EBITDA vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Aryzta AG's Debt-to-EBITDA distribution charts can be found below:

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


XSWX:ARYN
66GF Score
Aryzta AG XSWX:ARYN
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aryzta AG Debt-to-EBITDA Calculation

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

Aryzta 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
=(32.846 + 633.881) / 299.537
=2.23

Aryzta 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
=(32.846 + 633.881) / 302.524
=2.20

* 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 2.20 mean?
Aryzta AG (XSWX:ARYN) has a Debt-to-EBITDA of 2.20 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 Aryzta AG. This is near median its historical median of 2.13. According to the industry distribution chart, Aryzta AG ranks #805 out of 1545 companies in the Consumer Packaged Goods industry, placing it in the top 52.1%.
Is Aryzta AG's Debt-to-EBITDA too high?
Aryzta AG's current Debt-to-EBITDA of 2.20 is near median its 10-year median of 2.13. The Consumer Packaged Goods industry median Debt-to-EBITDA is 2.05. Aryzta AG's value of 2.20 is 7.3% above this industry median. Based on the distribution chart, Aryzta AG ranks #805 out of 1545 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Aryzta AG has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aryzta AG's Debt-to-EBITDA compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Aryzta AG ranks #805 out of 1545 companies for Debt-to-EBITDA. This places Aryzta AG in the lower half of its industry. The industry median Debt-to-EBITDA is 2.05. Aryzta AG's value of 2.20 is 7.3% above this benchmark. While the company's 10-year median is 2.13 vs. the industry median of 2.05, Aryzta 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 Consumer Packaged Goods company?
The median Debt-to-EBITDA among Consumer Packaged Goods companies is 2.05, based on 1,545 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. Aryzta AG's current Debt-to-EBITDA of 2.20 is 7.3% 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 Aryzta AG. For the Consumer Packaged Goods industry, the median Debt-to-EBITDA is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aryzta AG's current Debt-to-EBITDA is 2.20, which is near median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aryzta AG stock overvalued right now?
Based on GuruFocus' analysis, Aryzta AG (XSWX:ARYN) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF66.49, compared to a current price of CHF56.40 — trading 15.2% below its estimated fair value. The current Debt-to-EBITDA is 2.20, which is near median its 10-year median of 2.13 and 7.3% above the Consumer Packaged Goods industry median of 2.05. Aryzta AG's overall GF Score™ is 66/100 with 3 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 Aryzta AG (XSWX:ARYN), the current Debt-to-EBITDA is 2.20 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 Aryzta AG (XSWX:ARYN) Overvalued in 2026?

Based on GuruFocus' analysis, Aryzta AG stock appears to be undervalued. The current stock price of CHF56.40 is trading 15.2% below its estimated GF Value™ of CHF66.49. GuruFocus considers Aryzta AG to be Modestly Undervalued.

Key valuation signals for XSWX:ARYN:

  • Debt-to-EBITDA: 2.20 (near median its 10-year median of 2.13)
  • GF Value™: CHF66.49 vs. price of CHF56.40 (15.2% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 7.3% above the Consumer Packaged Goods median (#805 of 1545)

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


Aryzta AG Business Description

Other Exchanges ARYNz:UK0MFY:UKYZA0:Germany
Address Ifangstrasse 9, Schlieren, CHE, 8952
Aryzta AG is an international specialist food company. Geographically, it has a presence in Switzerland, Germany, France, and other countries. By product segment, Bread Rolls & Artisan Loaves is the substantial segment, followed by Sweet Baked & Morning Goods, and Savoury & Other. The company has two operating and reporting segments, ARYZTA Europe and ARYZTA Rest of World, which comprise the continuing operations of the Group. The company'sdaily products are developed as per the Nutri-Score nutritional rating system, helping consumers by reducing intake of fat, sugar and salt while increasing protein, fibre and unsaturated fats.
66GF Score

Get the complete analysis for XSWX:ARYN

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

CHF56.40
Price
CHF66.49
GF Value