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CarrefourCHIX:CAP 72 Debt-to-EBITDA is 0.84 as of Dec. 2025, which is 71% below its 10-year median of 2.91. GuruFocus rates CHIX:CAP with a GF Score™ of 72/100 and a GF Value™ of €14.64 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 256 Retail - Defensive companies, Carrefour ranks better than 70.7% 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 Carrefour's Debt-to-EBITDA or its related term are showing as below:
CHIX:CAp'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.13 Med: 2.91 Max: 3.66
Current: 1.13
During the past 13 years, the highest Debt-to-EBITDA Ratio of Carrefour was 3.66. The lowest was 1.13. And the median was 2.91.
CHIX:CAp's Debt-to-EBITDA is ranked better than 70.7% of 256
companies
in the Retail - Defensive industry
Industry Median: 2.215
vs CHIX:CAp: 1.13
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.
Carrefour Debt-to-EBITDA Related Terms
Carrefour Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Carrefour'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.
CHIX:CAP vs KR, SFM, ACI: Debt-to-EBITDA Comparison
For the Grocery Stores subindustry, Carrefour'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.
Carrefour Debt-to-EBITDA vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Carrefour's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Carrefour'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 two times the quarterly (Dec. 2025) EBITDA data.
Carrefour (CHIX:CAP) has a Debt-to-EBITDA of 0.84 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Carrefour. This is 71% below median its historical median of 2.91. Over the past decade, Carrefour's Debt-to-EBITDA has ranged from 1.13 to 3.66. According to the industry distribution chart, Carrefour ranks #75 out of 256 companies in the Retail - Defensive industry, placing it in the top 29.3%.
Is Carrefour's Debt-to-EBITDA too high?
Carrefour's current Debt-to-EBITDA of 0.84 is 71% below median its 10-year median of 2.91. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 3.66. The Retail - Defensive industry median Debt-to-EBITDA is 2.22. Carrefour's value of 0.84 is 62.1% below this industry median. Based on the distribution chart, Carrefour ranks #75 out of 256 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Carrefour has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carrefour's Debt-to-EBITDA compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Carrefour ranks #75 out of 256 companies for Debt-to-EBITDA. This puts Carrefour in the upper half of its industry. The industry median Debt-to-EBITDA is 2.22. Carrefour's value of 0.84 is 62.1% below this benchmark. Historically, Carrefour's own Debt-to-EBITDA has ranged from 1.13 to 3.66 over the past decade. While the company's 10-year median is 2.91 vs. the industry median of 2.22, Carrefour 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 a Retail - Defensive company?
The median Debt-to-EBITDA among Retail - Defensive companies is 2.22, based on 256 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. Carrefour's current Debt-to-EBITDA of 0.84 is 62.1% 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 Carrefour. For the Retail - Defensive industry, the median Debt-to-EBITDA is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carrefour's current Debt-to-EBITDA is 0.84, which is 71% below median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carrefour stock overvalued right now?
Based on GuruFocus' analysis, Carrefour (CHIX:CAP) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.64, compared to a current price of €16.42 — trading 12.1% above its estimated fair value. The current Debt-to-EBITDA is 0.84, which is 71% below median its 10-year median of 2.91 and 62.1% below the Retail - Defensive industry median of 2.22. Carrefour's overall GF Score™ is 72/100 with 13 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 Carrefour (CHIX:CAP), the current Debt-to-EBITDA is 0.84 as of Dec. 2025. 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 Carrefour (CHIX:CAP) Overvalued in 2026?
Based on GuruFocus' analysis, Carrefour stock appears to be overvalued.
The current stock price of €16.42 is trading 12.1% above its estimated GF Value™ of €14.64.
GuruFocus considers Carrefour to be Modestly Overvalued.
Key valuation signals for CHIX:CAP:
Debt-to-EBITDA: 0.84 (71% below median its 10-year median of 2.91)
GF Value™: €14.64 vs. price of €16.42 (12.1% above fair value)
Industry Position: 62.1% below the Retail - Defensive median (#75 of 256)
No single metric tells the full story. See the CHIX:CAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1959, Carrefour is a multiformat retailer with operations in over 40 countries. Approximately 75% of sales stem from Europe and the rest from Latin America. In France, where Carrefour generates nearly 50% of its total revenue, the firm has a grocery market share of 22%, behind market leader E.Leclerc (24%), according to Kantar. Carrefour operates over 15,000 stores in hypermarket, supermarket, convenience store, and discount store formats. In 2024, Carrefour completed the acquisition of the Cora and Match banners from Louis Delhaize group for an enterprise value of EUR 1.05 billion.
72GF Score
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