Pferdewetten de AG (XTER:EMH1) Debt-to-EBITDA : 0.03 (As of Jun. 2026)

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.

XTER:EMH1 Pferdewetten de AG XTER:EMH1
58 GF Score
Price €2.18
GF Value €19.75
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Pferdewetten de AG Debt-to-EBITDA?

Pferdewetten de AG XTER:EMH1 +3.81% 58 Debt-to-EBITDA is 0.03 as of Jun. 2026. GuruFocus rates XTER:EMH1 with a GF Score™ of 58/100 and a GF Value™ of €19.75 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 654 Travel & Leisure companies, Pferdewetten de AG ranks worse than 90.98% on this metric.

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

Pferdewetten de AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €8.33 Mil. Pferdewetten de AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €13.46 Mil. Pferdewetten de AG's annualized EBITDA for the quarter that ended in Jun. 2026 was €665.32 Mil. Pferdewetten de AG's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 0.03.

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

XTER:EMH1' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.18   Med: -0.1   Max: 10.82
Current: 10.82

During the past 13 years, the highest Debt-to-EBITDA Ratio of Pferdewetten de AG was 10.82. The lowest was -1.18. And the median was -0.10.

XTER:EMH1's Debt-to-EBITDA is ranked worse than
90.98% of 654 companies
in the Travel & Leisure industry
Industry Median: 2.455 vs XTER:EMH1: 10.82

Pferdewetten de AG  (XTER:EMH1) 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.


Pferdewetten de AG Debt-to-EBITDA Related Terms


Pferdewetten de AG Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Pferdewetten de 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.

Pferdewetten de AG Debt-to-EBITDA Chart

Pferdewetten de AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 5.79 -0.46 -1.18 -1.09

Pferdewetten de AG Quarterly Data
Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.00 -0.03 0.00 0.00 0.03

XTER:EMH1 vs FLUT, DKNG, SGHC: Debt-to-EBITDA Comparison

For the Gambling subindustry, Pferdewetten de 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.


Pferdewetten de AG Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pferdewetten de AG's Debt-to-EBITDA distribution charts can be found below:

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


XTER:EMH1
58GF Score
Pferdewetten de AG XTER:EMH1
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pferdewetten de AG Debt-to-EBITDA Calculation

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

Pferdewetten de AG's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.848 + 13.89) / -20.959
=-1.08

Pferdewetten de AG'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
=(8.332 + 13.457) / 665.32
=0.03

* 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 0.03 mean?
Pferdewetten de AG (XTER:EMH1) has a Debt-to-EBITDA of 0.03 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 Pferdewetten de AG. According to the industry distribution chart, Pferdewetten de AG ranks #595 out of 654 companies in the Travel & Leisure industry, placing it in the top 91%.
Is Pferdewetten de AG's Debt-to-EBITDA too high?
Pferdewetten de AG's current Debt-to-EBITDA is 0.03. The Travel & Leisure industry median Debt-to-EBITDA is 2.46. Pferdewetten de AG's value of 0.03 is 98.8% below this industry median. Based on the distribution chart, Pferdewetten de AG ranks #595 out of 654 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Pferdewetten de AG has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pferdewetten de AG's Debt-to-EBITDA compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Pferdewetten de AG ranks #595 out of 654 companies for Debt-to-EBITDA. This places Pferdewetten de AG in the lower half of its industry. The industry median Debt-to-EBITDA is 2.46. Pferdewetten de AG's value of 0.03 is 98.8% below this benchmark. 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 Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.46, based on 654 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. Pferdewetten de AG's current Debt-to-EBITDA of 0.03 is 98.8% below 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 Pferdewetten de AG. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pferdewetten de AG's current Debt-to-EBITDA is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pferdewetten de AG stock overvalued right now?
Based on GuruFocus' analysis, Pferdewetten de AG (XTER:EMH1) is currently considered Possible Value Trap. The stock's GF Value™ is €19.75, compared to a current price of €2.18 — trading 89% below its estimated fair value. The current Debt-to-EBITDA is 0.03 and 98.8% below the Travel & Leisure industry median of 2.46. Pferdewetten de AG's overall GF Score™ is 58/100 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 Pferdewetten de AG (XTER:EMH1), the current Debt-to-EBITDA is 0.03 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 Pferdewetten de AG (XTER:EMH1) Overvalued in 2026?

Based on GuruFocus' analysis, Pferdewetten de AG stock appears to be undervalued. The current stock price of €2.18 is trading 89% below its estimated GF Value™ of €19.75. GuruFocus considers Pferdewetten de AG to be Possible Value Trap.

Key valuation signals for XTER:EMH1:

  • Debt-to-EBITDA: 0.03
  • GF Value™: €19.75 vs. price of €2.18 (89% below fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 98.8% below the Travel & Leisure median (#595 of 654)

No single metric tells the full story. See the XTER:EMH1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pferdewetten de AG Business Description

Other Exchanges EMH:GermanyEMH:Germany
Address Schlossstrasse 38, Hamburg, DEU
Pferdewetten de AG is involved in arranging and placing bets for horse racing and other sports events. It engages in the online and offline horse betting business in Germany. Its horse betting services range from betting on German galloping and trotting to English, French, and other international horse races. The company also provides online horse betting services through its Internet platform pferdewetten.de. In addition, it offers consultancy and training services for the implementation and processing of sports and horse betting.
58GF Score

Get the complete analysis for XTER:EMH1

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

€2.18
Price
€19.75
GF Value