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Comet Holding AGXSWX:COTN -3.15%82 Debt-to-EBITDA is 1.80 as of Dec. 2025, which is 18% above its 10-year median of 1.53. GuruFocus rates XSWX:COTN with a GF Score™ of 82/100 and a GF Value™ of CHF263.24 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,792 Hardware companies, Comet Holding AG ranks worse than 54.52% 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 Comet Holding AG's Debt-to-EBITDA or its related term are showing as below:
XSWX:COTN'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.78 Med: 1.53 Max: 2.32
Current: 2.09
During the past 13 years, the highest Debt-to-EBITDA Ratio of Comet Holding AG was 2.32. The lowest was 0.78. And the median was 1.53.
XSWX:COTN's Debt-to-EBITDA is ranked worse than 54.52% of 1792
companies
in the Hardware industry
Industry Median: 1.71
vs XSWX:COTN: 2.09
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.
Comet Holding AG Debt-to-EBITDA Related Terms
Comet Holding AG Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Comet Holding 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.
XSWX:COTN vs COHR, KEYS, GRMN: Debt-to-EBITDA Comparison
For the Scientific & Technical Instruments subindustry, Comet Holding 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.
Comet Holding AG Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Comet Holding AG's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Comet Holding AG'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 two times the quarterly (Dec. 2025) EBITDA data.
Comet Holding AG (XSWX:COTN) has a Debt-to-EBITDA of 1.80 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 Comet Holding AG. This is 18% above median its historical median of 1.53. Over the past decade, Comet Holding AG's Debt-to-EBITDA has ranged from 0.78 to 2.32. According to the industry distribution chart, Comet Holding AG ranks #977 out of 1792 companies in the Hardware industry, placing it in the top 54.5%.
Is Comet Holding AG's Debt-to-EBITDA too high?
Comet Holding AG's current Debt-to-EBITDA of 1.80 is 18% above median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 2.32. The Hardware industry median Debt-to-EBITDA is 1.71. Comet Holding AG's value of 1.80 is 5.3% above this industry median. Based on the distribution chart, Comet Holding AG ranks #977 out of 1792 companies in the Hardware industry, which is below the industry midpoint. Overall, Comet Holding AG has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comet Holding AG's Debt-to-EBITDA compare to COHR and KEYS?
According to the Hardware industry distribution chart, Comet Holding AG ranks #977 out of 1792 companies for Debt-to-EBITDA. This places Comet Holding AG in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. Comet Holding AG's value of 1.80 is 5.3% above this benchmark. Historically, Comet Holding AG's own Debt-to-EBITDA has ranged from 0.78 to 2.32 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.71, Comet Holding 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.71, based on 1,792 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. Comet Holding AG's current Debt-to-EBITDA of 1.80 is 5.3% 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 Comet Holding AG. For the Hardware industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comet Holding AG's current Debt-to-EBITDA is 1.80, which is 18% above median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Comet Holding AG (XSWX:COTN) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF263.24, compared to a current price of CHF326.40 — trading 24% above its estimated fair value. The current Debt-to-EBITDA is 1.80, which is 18% above median its 10-year median of 1.53 and 5.3% above the Hardware industry median of 1.71. Comet Holding AG's overall GF Score™ is 82/100 with 5 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 Comet Holding AG (XSWX:COTN), the current Debt-to-EBITDA is 1.80 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 Comet Holding AG (XSWX:COTN) Overvalued in 2026?
Based on GuruFocus' analysis, Comet Holding AG stock appears to be overvalued.
The current stock price of CHF326.40 is trading 24% above its estimated GF Value™ of CHF263.24.
GuruFocus considers Comet Holding AG to be Modestly Overvalued.
Key valuation signals for XSWX:COTN:
Debt-to-EBITDA: 1.80 (18% above median its 10-year median of 1.53)
GF Value™: CHF263.24 vs. price of CHF326.40 (24% above fair value)
Industry Position: 5.3% above the Hardware median (#977 of 1792)
No single metric tells the full story. See the XSWX:COTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Comet Holding AG is a vendor of X-ray, radio frequency (RF) power, and e-beam technology. It markets its systems and services under the Comet, Yxlon, and ebeam brands. Yxlon x-ray systems for non-destructive testing are supplied to end customers in the automotive, aerospace, electronics, and energy sectors. Under the Comet brand, the group builds components and modules such as x-ray sources, vacuum capacitors, RF generators, and impedance matching networks, marketed to manufacturers in the automotive, aerospace, semiconductor, and solar industries, as well as the security sector. The Group has three operating divisions: Plasma Control Technologies (PCT), X-Ray Systems (IXS), and Industrial X-Ray Modules (IXM).
82GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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