Axfood ABCHIX:AXFOS 86 Debt-to-EBITDA is 2.18 as of Mar. 2026, which is 58% above its 10-year median of 1.38. GuruFocus rates CHIX:AXFOS with a GF Score™ of 86/100 and a GF Value™ of kr287.61 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 254 Retail - Defensive companies, Axfood AB ranks better than 51.18% 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 Axfood AB's Debt-to-EBITDA or its related term are showing as below:
CHIX:AXFOs'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03 Med: 1.38 Max: 2.29
Current: 2.06
During the past 13 years, the highest Debt-to-EBITDA Ratio of Axfood AB was 2.29. The lowest was 0.03. And the median was 1.38.
CHIX:AXFOs's Debt-to-EBITDA is ranked better than 51.18% of 254
companies
in the Retail - Defensive industry
Industry Median: 2.18
vs CHIX:AXFOs: 2.06
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.
Axfood AB Debt-to-EBITDA Related Terms
Axfood AB Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Axfood AB'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 Grocery Stores subindustry, Axfood AB'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.
Axfood AB Debt-to-EBITDA vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Axfood AB'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 (Mar. 2026) EBITDA data.
Axfood AB (CHIX:AXFOS) has a Debt-to-EBITDA of 2.18 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Axfood AB. This is 58% above median its historical median of 1.38. Over the past decade, Axfood AB's Debt-to-EBITDA has ranged from 0.03 to 2.29. According to the industry distribution chart, Axfood AB ranks #124 out of 254 companies in the Retail - Defensive industry, placing it in the top 48.8%.
Is Axfood AB's Debt-to-EBITDA too high?
Axfood AB's current Debt-to-EBITDA of 2.18 is 58% above median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 2.29. The Retail - Defensive industry median Debt-to-EBITDA is 2.18. Axfood AB's value of 2.18 is 0% at this industry median. Based on the distribution chart, Axfood AB ranks #124 out of 254 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Axfood AB has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Axfood AB's Debt-to-EBITDA compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Axfood AB ranks #124 out of 254 companies for Debt-to-EBITDA. This puts Axfood AB in the upper half of its industry. The industry median Debt-to-EBITDA is 2.18. Axfood AB's value of 2.18 is 0% at this benchmark. Historically, Axfood AB's own Debt-to-EBITDA has ranged from 0.03 to 2.29 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 2.18, Axfood AB has consistently been at 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 Retail - Defensive company?
The median Debt-to-EBITDA among Retail - Defensive companies is 2.18, based on 254 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. Axfood AB's current Debt-to-EBITDA of 2.18 is 0% at 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 Axfood AB. For the Retail - Defensive industry, the median Debt-to-EBITDA is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axfood AB's current Debt-to-EBITDA is 2.18, which is 58% above median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axfood AB stock overvalued right now?
Based on GuruFocus' analysis, Axfood AB (CHIX:AXFOS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr287.61, compared to a current price of kr259.60 — trading 9.7% below its estimated fair value. The current Debt-to-EBITDA is 2.18, which is 58% above median its 10-year median of 1.38 and 0% at the Retail - Defensive industry median of 2.18. Axfood AB's overall GF Score™ is 86/100 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 Axfood AB (CHIX:AXFOS), the current Debt-to-EBITDA is 2.18 as of Mar. 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 Axfood AB (CHIX:AXFOS) Overvalued in 2026?
Based on GuruFocus' analysis, Axfood AB stock appears to be undervalued.
The current stock price of kr259.60 is trading 9.7% below its estimated GF Value™ of kr287.61.
GuruFocus considers Axfood AB to be Modestly Undervalued.
Key valuation signals for CHIX:AXFOS:
Debt-to-EBITDA: 2.18 (58% above median its 10-year median of 1.38)
GF Value™: kr287.61 vs. price of kr259.60 (9.7% below fair value)
Industry Position: 0% at the Retail - Defensive median (#124 of 254)
No single metric tells the full story. See the CHIX:AXFOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axfood AB operates food retail and wholesale businesses in Sweden. The company operates various food retail grocery chains, discount stores, hypermarkets, restaurants, cafes, and pharmacies through different brands. The company's operating segments include Willys, Hemkop, Dagab, City Gross, and Snabbgross. A majority of its revenue is generated from the Willys segment, which is a discount grocery chain, offering various products in both group-owned stores and online. This segment also includes the partly owned cross-border grocery chain Eurocash.
86GF Score
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