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Ocado GroupFRA:0OC +10.23%56 Debt-to-EBITDA is 2.35 as of May. 2026, which is 70% below its 10-year median of 7.76. GuruFocus rates FRA:0OC with a GF Score™ of 56/100 and a GF Value™ of €4.28 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 254 Retail - Defensive companies, Ocado Group ranks worse than 74.41% 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 Ocado Group's Debt-to-EBITDA or its related term are showing as below:
FRA:0OC'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -30.63 Med: 7.76 Max: 14.9
Current: 3.99
During the past 13 years, the highest Debt-to-EBITDA Ratio of Ocado Group was 14.90. The lowest was -30.63. And the median was 7.76.
FRA:0OC's Debt-to-EBITDA is ranked worse than 74.41% of 254
companies
in the Retail - Defensive industry
Industry Median: 2.215
vs FRA:0OC: 3.99
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.
Ocado Group Debt-to-EBITDA Related Terms
Ocado Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Ocado Group'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, Ocado Group'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.
Ocado Group Debt-to-EBITDA vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ocado Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ocado Group'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 (May. 2026) EBITDA data.
Ocado Group (FRA:0OC) has a Debt-to-EBITDA of 2.35 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 Ocado Group. This is 70% below median its historical median of 7.76. According to the industry distribution chart, Ocado Group ranks #189 out of 254 companies in the Retail - Defensive industry, placing it in the top 74.4%.
Is Ocado Group's Debt-to-EBITDA too high?
Ocado Group's current Debt-to-EBITDA of 2.35 is 70% below median its 10-year median of 7.76. The Retail - Defensive industry median Debt-to-EBITDA is 2.22. Ocado Group's value of 2.35 is 6.1% above this industry median. Based on the distribution chart, Ocado Group ranks #189 out of 254 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Ocado Group has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocado Group's Debt-to-EBITDA compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Ocado Group ranks #189 out of 254 companies for Debt-to-EBITDA. This places Ocado Group in the lower half of its industry. The industry median Debt-to-EBITDA is 2.22. Ocado Group's value of 2.35 is 6.1% above this benchmark. While the company's 10-year median is 7.76 vs. the industry median of 2.22, Ocado Group has consistently been above 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 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. Ocado Group's current Debt-to-EBITDA of 2.35 is 6.1% above 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 Ocado Group. 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. Ocado Group's current Debt-to-EBITDA is 2.35, which is 70% below median its own 10-year median of 7.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocado Group stock overvalued right now?
Based on GuruFocus' analysis, Ocado Group (FRA:0OC) is currently considered Possible Value Trap. The stock's GF Value™ is €4.28, compared to a current price of €2.37 — trading 44.6% below its estimated fair value. The current Debt-to-EBITDA is 2.35, which is 70% below median its 10-year median of 7.76 and 6.1% above the Retail - Defensive industry median of 2.22. Ocado Group's overall GF Score™ is 56/100 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 Ocado Group (FRA:0OC), the current Debt-to-EBITDA is 2.35 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 Ocado Group (FRA:0OC) Overvalued in 2026?
Based on GuruFocus' analysis, Ocado Group stock appears to be undervalued.
The current stock price of €2.37 is trading 44.6% below its estimated GF Value™ of €4.28.
GuruFocus considers Ocado Group to be Possible Value Trap.
Key valuation signals for FRA:0OC:
Debt-to-EBITDA: 2.35 (70% below median its 10-year median of 7.76)
GF Value™: €4.28 vs. price of €2.37 (44.6% below fair value)
Industry Position: 6.1% above the Retail - Defensive median (#189 of 254)
No single metric tells the full story. See the FRA:0OC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2000, Ocado provides automation and logistics solutions to grocers. Ocado operates in two segments: logistics and solutions. Logistics provides fulfillment and delivery services in the United Kingdom. Solutions is based on the Ocado Smart Platform, a modular, automated online retail fulfillment and delivery solution that provides software, fulfillment hardware, and support services to corporate customers in return for upfront and recurring fees. Partners include leading grocers around the world, like Sobeys, Morrisons, ICA, Groupe Casino, Bon Preu, Kroger, and Coles. Ocado also has a 50% stake in Ocado Retail, a pure-play e-grocery business. The other 50% is owned by Marks & Spencer.
56GF Score
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