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INA-Industrija Nafte DDZAG:INA 77 Debt-to-EBITDA is 0.74 as of Jun. 2026, which is 33% below its 10-year median of 1.11. GuruFocus rates ZAG:INA with a GF Score™ of 77/100 and a GF Value™ of €518.13 (Fairly Valued). The stock has 4 warning signs investors should review. Among 709 Oil & Gas companies, INA-Industrija Nafte DD ranks better than 64.74% 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 INA-Industrija Nafte DD's Debt-to-EBITDA or its related term are showing as below:
ZAG:INA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.51 Med: 1.11 Max: 2.21
Current: 1.19
During the past 13 years, the highest Debt-to-EBITDA Ratio of INA-Industrija Nafte DD was 2.21. The lowest was 0.51. And the median was 1.11.
ZAG:INA's Debt-to-EBITDA is ranked better than 64.74% of 709
companies
in the Oil & Gas industry
Industry Median: 2.01
vs ZAG:INA: 1.19
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.
INA-Industrija Nafte DD Debt-to-EBITDA Related Terms
INA-Industrija Nafte DD Debt-to-EBITDA Historical Data
* 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.
ZAG:INA vs MPC, VLO, PSX: Debt-to-EBITDA Comparison
For the Oil & Gas Refining & Marketing subindustry, INA-Industrija Nafte DD'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.
INA-Industrija Nafte DD Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, INA-Industrija Nafte DD's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where INA-Industrija Nafte DD'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 four times the quarterly (Jun. 2026) EBITDA data.
INA-Industrija Nafte DD (ZAG:INA) has a Debt-to-EBITDA of 0.74 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 INA-Industrija Nafte DD. This is 33% below median its historical median of 1.11. Over the past decade, INA-Industrija Nafte DD's Debt-to-EBITDA has ranged from 0.51 to 2.21. According to the industry distribution chart, INA-Industrija Nafte DD ranks #250 out of 709 companies in the Oil & Gas industry, placing it in the top 35.3%.
Is INA-Industrija Nafte DD's Debt-to-EBITDA too high?
INA-Industrija Nafte DD's current Debt-to-EBITDA of 0.74 is 33% below median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 2.21. The Oil & Gas industry median Debt-to-EBITDA is 2.01. INA-Industrija Nafte DD's value of 0.74 is 63.2% below this industry median. Based on the distribution chart, INA-Industrija Nafte DD ranks #250 out of 709 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, INA-Industrija Nafte DD has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does INA-Industrija Nafte DD's Debt-to-EBITDA compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, INA-Industrija Nafte DD ranks #250 out of 709 companies for Debt-to-EBITDA. This puts INA-Industrija Nafte DD in the upper half of its industry. The industry median Debt-to-EBITDA is 2.01. INA-Industrija Nafte DD's value of 0.74 is 63.2% below this benchmark. Historically, INA-Industrija Nafte DD's own Debt-to-EBITDA has ranged from 0.51 to 2.21 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 2.01, INA-Industrija Nafte DD has consistently been below 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 Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.01, based on 709 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. INA-Industrija Nafte DD's current Debt-to-EBITDA of 0.74 is 63.2% 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 INA-Industrija Nafte DD. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INA-Industrija Nafte DD's current Debt-to-EBITDA is 0.74, which is 33% below median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INA-Industrija Nafte DD stock overvalued right now?
Based on GuruFocus' analysis, INA-Industrija Nafte DD (ZAG:INA) is currently considered Fairly Valued. The stock's GF Value™ is €518.13, compared to a current price of €515.00 — trading 0.6% below its estimated fair value. The current Debt-to-EBITDA is 0.74, which is 33% below median its 10-year median of 1.11 and 63.2% below the Oil & Gas industry median of 2.01. INA-Industrija Nafte DD's overall GF Score™ is 77/100 with 4 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 INA-Industrija Nafte DD (ZAG:INA), the current Debt-to-EBITDA is 0.74 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 INA-Industrija Nafte DD (ZAG:INA) Overvalued in 2026?
Based on GuruFocus' analysis, INA-Industrija Nafte DD stock appears to be undervalued.
The current stock price of €515.00 is trading 0.6% below its estimated GF Value™ of €518.13.
GuruFocus considers INA-Industrija Nafte DD to be Fairly Valued.
Key valuation signals for ZAG:INA:
Debt-to-EBITDA: 0.74 (33% below median its 10-year median of 1.11)
GF Value™: €518.13 vs. price of €515.00 (0.6% below fair value)
Industry Position: 63.2% below the Oil & Gas median (#250 of 709)
No single metric tells the full story. See the ZAG:INA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
INA-Industrija Nafte DD is a medium-sized European oil and gas company. It is engaged in exploration and production of oil and gas deposits, import of natural gas and sale of imported and domestically produced natural gas to industrial consumers and municipal gas distributors, refining and production of oil products through refineries located at Rijeka and Sisak, and Zagreb lubricants plants. Its segments are Exploration and Production of Oil & Gas; Refining & Marketing; Corporate and other. Exploration and Production of Oil & Gas segment include exploration, production, and selling of crude oil and natural gas. Refining & Marketing segment includes crude oil processing, wholesale of refinery products, trading, and logistics.
77GF Score
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