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Conagra BrandsCAG -3.46%58 Debt-to-EBITDA is -1.22 as of May. 2026. GuruFocus rates CAG with a GF Score™ of 58/100 and a GF Value™ of $24.78 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,550 Consumer Packaged Goods companies, Conagra Brands ranks worse than 64516.06% 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 Conagra Brands's Debt-to-EBITDA or its related term are showing as below:
CAG'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.99 Med: 4.44 Max: 6.87
Current: -6.99
During the past 13 years, the highest Debt-to-EBITDA Ratio of Conagra Brands was 6.87. The lowest was -6.99. And the median was 4.44.
CAG's Debt-to-EBITDA is ranked worse than 100% of 1550
companies
in the Consumer Packaged Goods industry
Industry Median: 2.075
vs CAG: -6.99
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.
Conagra Brands Debt-to-EBITDA Related Terms
Conagra Brands Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Conagra Brands'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.
For the Packaged Foods subindustry, Conagra Brands'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.
Conagra Brands Debt-to-EBITDA vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Conagra Brands's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Conagra Brands'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 (May. 2026) EBITDA data.
Conagra Brands (CAG) has a Debt-to-EBITDA of -1.22 as of May. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Conagra Brands. According to the industry distribution chart, Conagra Brands ranks #999999 out of 1550 companies in the Consumer Packaged Goods industry.
Is Conagra Brands' Debt-to-EBITDA too high?
Conagra Brands' current Debt-to-EBITDA is -1.22. Based on the distribution chart, Conagra Brands ranks #999999 out of 1550 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Conagra Brands 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 Conagra Brands' Debt-to-EBITDA compare to PPC and LW?
According to the Consumer Packaged Goods industry distribution chart, Conagra Brands ranks #999999 out of 1550 companies for Debt-to-EBITDA. This places Conagra Brands in the lower half of its industry. The industry median Debt-to-EBITDA is 2.08. 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 2.08, based on 1,550 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. 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 Conagra Brands. For the Consumer Packaged Goods industry, the median Debt-to-EBITDA is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conagra Brands's current Debt-to-EBITDA is -1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conagra Brands stock overvalued right now?
Based on GuruFocus' analysis, Conagra Brands (CAG) is currently considered Possible Value Trap. The stock's GF Value™ is $24.78, compared to a current price of $14.51 — trading 41.4% below its estimated fair value. The current Debt-to-EBITDA is -1.22. Conagra Brands' overall GF Score™ is 58/100 with 6 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 Conagra Brands (CAG), the current Debt-to-EBITDA is -1.22 as of May. 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 Conagra Brands (CAG) Overvalued in 2026?
Based on GuruFocus' analysis, Conagra Brands stock appears to be undervalued.
The current stock price of $14.51 is trading 41.4% below its estimated GF Value™ of $24.78.
GuruFocus considers Conagra Brands to be Possible Value Trap.
Key valuation signals for CAG:
Debt-to-EBITDA: -1.22
GF Value™: $24.78 vs. price of $14.51 (41.4% below fair value)
No single metric tells the full story. See the CAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Conagra Brands is a packaged food company that operates predominantly in the United States (91% of fiscal 2025 revenue). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, and Wish-Bone. The company primarily sells through the US retail channel, with just 9% of fiscal 2025 revenue coming from international markets and 9% from foodservice.
58GF Score
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