Shapir Engineering and Industry (XTAE:SPEN) Debt-to-EBITDA : 5.54 (As of Jun. 2026) — 13% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTAE:SPEN Shapir Engineering and Industry Ltd XTAE:SPEN
88 GF Score
Price ₪42.20
GF Value ₪32.49
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Shapir Engineering and Industry Debt-to-EBITDA?

Shapir Engineering and Industry XTAE:SPEN -3.87% 88 Debt-to-EBITDA is 5.54 as of Jun. 2026, which is 13% below its 10-year median of 6.35. GuruFocus rates XTAE:SPEN with a GF Score™ of 88/100 and a GF Value™ of ₪32.49 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,405 Construction companies, Shapir Engineering and Industry ranks worse than 84.13% on this metric.

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

Shapir Engineering and Industry's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₪1,939 Mil. Shapir Engineering and Industry's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₪8,954 Mil. Shapir Engineering and Industry's annualized EBITDA for the quarter that ended in Jun. 2026 was ₪1,968 Mil. Shapir Engineering and Industry's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 5.54.

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 Shapir Engineering and Industry's Debt-to-EBITDA or its related term are showing as below:

XTAE:SPEN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.42   Med: 6.35   Max: 8.19
Current: 7.27

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shapir Engineering and Industry was 8.19. The lowest was 5.42. And the median was 6.35.

XTAE:SPEN's Debt-to-EBITDA is ranked worse than
84.13% of 1405 companies
in the Construction industry
Industry Median: 2.1 vs XTAE:SPEN: 7.27

Shapir Engineering and Industry  (XTAE:SPEN) 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.


Shapir Engineering and Industry Debt-to-EBITDA Related Terms


Shapir Engineering and Industry Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Shapir Engineering and Industry'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.

Shapir Engineering and Industry Debt-to-EBITDA Chart

Shapir Engineering and Industry 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 6.40 6.89 8.11 8.04 8.19

Shapir Engineering and Industry Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 8.00 7.33 6.68 9.24 5.54

XTAE:SPEN vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, Shapir Engineering and Industry'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.


Shapir Engineering and Industry Debt-to-EBITDA vs Construction Industry

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

* The bar in red indicates where Shapir Engineering and Industry's Debt-to-EBITDA falls into.


XTAE:SPEN
88GF Score
Shapir Engineering and Industry Ltd XTAE:SPEN
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shapir Engineering and Industry Debt-to-EBITDA Calculation

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

Shapir Engineering and Industry'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
=(1743 + 8523) / 1254
=8.19

Shapir Engineering and Industry's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1939 + 8954) / 1968
=5.54

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 5.54 mean?
Shapir Engineering and Industry (XTAE:SPEN) has a Debt-to-EBITDA of 5.54 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Shapir Engineering and Industry. This is 13% below median its historical median of 6.35. Over the past decade, Shapir Engineering and Industry's Debt-to-EBITDA has ranged from 5.42 to 8.19. According to the industry distribution chart, Shapir Engineering and Industry ranks #1182 out of 1405 companies in the Construction industry, placing it in the top 84.1%.
Is Shapir Engineering and Industry's Debt-to-EBITDA too high?
Shapir Engineering and Industry's current Debt-to-EBITDA of 5.54 is 13% below median its 10-year median of 6.35. Over the past 10 years, this metric has ranged from a low of 5.42 to a high of 8.19. The Construction industry median Debt-to-EBITDA is 2.10. Shapir Engineering and Industry's value of 5.54 is 163.8% above this industry median. Based on the distribution chart, Shapir Engineering and Industry ranks #1182 out of 1405 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Shapir Engineering and Industry has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shapir Engineering and Industry's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Shapir Engineering and Industry ranks #1182 out of 1405 companies for Debt-to-EBITDA. This places Shapir Engineering and Industry in the lower half of its industry. The industry median Debt-to-EBITDA is 2.10. Shapir Engineering and Industry's value of 5.54 is 163.8% above this benchmark. Historically, Shapir Engineering and Industry's own Debt-to-EBITDA has ranged from 5.42 to 8.19 over the past decade. While the company's 10-year median is 6.35 vs. the industry median of 2.10, Shapir Engineering and Industry 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.10, 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. Shapir Engineering and Industry's current Debt-to-EBITDA of 5.54 is 163.8% 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 Shapir Engineering and Industry. For the Construction industry, the median Debt-to-EBITDA is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shapir Engineering and Industry's current Debt-to-EBITDA is 5.54, which is 13% below median its own 10-year median of 6.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shapir Engineering and Industry stock overvalued right now?
Based on GuruFocus' analysis, Shapir Engineering and Industry (XTAE:SPEN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₪32.49, compared to a current price of ₪42.20 — trading 29.9% above its estimated fair value. The current Debt-to-EBITDA is 5.54, which is 13% below median its 10-year median of 6.35 and 163.8% above the Construction industry median of 2.10. Shapir Engineering and Industry's overall GF Score™ is 88/100 with 7 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 Shapir Engineering and Industry (XTAE:SPEN), the current Debt-to-EBITDA is 5.54 as of Jun. 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 Shapir Engineering and Industry (XTAE:SPEN) Overvalued in 2026?

Based on GuruFocus' analysis, Shapir Engineering and Industry stock appears to be overvalued. The current stock price of ₪42.20 is trading 29.9% above its estimated GF Value™ of ₪32.49. GuruFocus considers Shapir Engineering and Industry to be Modestly Overvalued.

Key valuation signals for XTAE:SPEN:

  • Debt-to-EBITDA: 5.54 (13% below median its 10-year median of 6.35)
  • GF Value™: ₪32.49 vs. price of ₪42.20 (29.9% above fair value)
  • GF Score™: 88/100 with 7 warning signs
  • Industry Position: 163.8% above the Construction median (#1182 of 1405)

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


Shapir Engineering and Industry Business Description

Address 12 Bareket Street, Petach Tikva, ISR, 49170
Shapir Engineering and Industry Ltd is an Israel-based company which is active in engineering and construction industry. It is engaged in manufacturing and supplying of aggregates and road materials, concrete, concrete fabricated plant as well as asphalt for road paving. The company also manufactures ready mix concrete and building finishing products and prefabricated elements from prestressed and precast concrete. Shapir focuses on developing high-quality apartment buildings and other apartments in various projects through Israel.
88GF Score

Get the complete analysis for XTAE:SPEN

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

₪42.20
Price
₪32.49
GF Value