Lee & Man Paper Manufacturing (FRA:LMP) Debt-to-EBITDA : 7.53 (As of Dec. 2025) — 107% Above Median

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FRA:LMP Lee & Man Paper Manufacturing Ltd FRA:LMP
82 GF Score
Price €0.36
GF Value €0.27
! 6 Warning Signs
View Full Analysis

What is Lee & Man Paper Manufacturing Debt-to-EBITDA?

Lee & Man Paper Manufacturing FRA:LMP -1.62% 82 Debt-to-EBITDA is 7.53 as of Dec. 2025, which is 107% above its 10-year median of 3.63. GuruFocus rates FRA:LMP with a GF Score™ of 82/100 and a GF Value™ of €0.27. The stock has 6 warning signs investors should review. Among 209 Forest Products companies, Lee & Man Paper Manufacturing ranks worse than 79.43% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Lee & Man Paper Manufacturing's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €760 Mil. Lee & Man Paper Manufacturing's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €1,553 Mil. Lee & Man Paper Manufacturing's annualized EBITDA for the quarter that ended in Dec. 2025 was €307 Mil. Lee & Man Paper Manufacturing's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 7.53.

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 Lee & Man Paper Manufacturing's Debt-to-EBITDA or its related term are showing as below:

FRA:LMP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.09   Med: 3.63   Max: 10.39
Current: 8.51

During the past 13 years, the highest Debt-to-EBITDA Ratio of Lee & Man Paper Manufacturing was 10.39. The lowest was 2.09. And the median was 3.63.

FRA:LMP's Debt-to-EBITDA is ranked worse than
79.43% of 209 companies
in the Forest Products industry
Industry Median: 3.32 vs FRA:LMP: 8.51

Lee & Man Paper Manufacturing  (FRA:LMP) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Lee & Man Paper Manufacturing Debt-to-EBITDA Related Terms


Lee & Man Paper Manufacturing Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Lee & Man Paper Manufacturing'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.

Lee & Man Paper Manufacturing Debt-to-EBITDA Chart

Lee & Man Paper Manufacturing Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.50 9.25 10.39 10.01 7.70

Lee & Man Paper Manufacturing Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.41 10.14 12.93 10.22 7.53

Lee & Man Paper Manufacturing Debt-to-EBITDA Competitor Comparison

For the Paper & Paper Products subindustry, Lee & Man Paper Manufacturing'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.


Lee & Man Paper Manufacturing Debt-to-EBITDA vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Lee & Man Paper Manufacturing's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Lee & Man Paper Manufacturing's Debt-to-EBITDA falls into.


FRA:LMP
82GF Score
Lee & Man Paper Manufacturing Ltd FRA:LMP
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lee & Man Paper Manufacturing Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Lee & Man Paper Manufacturing's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(760.192 + 1552.656) / 300.264
=7.70

Lee & Man Paper Manufacturing's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(760.192 + 1552.656) / 307.33
=7.53

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 7.53 mean?
Lee & Man Paper Manufacturing (FRA:LMP) has a Debt-to-EBITDA of 7.53 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 Lee & Man Paper Manufacturing. This is 107% above median its historical median of 3.63. Over the past decade, Lee & Man Paper Manufacturing's Debt-to-EBITDA has ranged from 2.09 to 10.39. According to the industry distribution chart, Lee & Man Paper Manufacturing ranks #166 out of 209 companies in the Forest Products industry, placing it in the top 79.4%.
Is Lee & Man Paper Manufacturing's Debt-to-EBITDA too high?
Lee & Man Paper Manufacturing's current Debt-to-EBITDA of 7.53 is 107% above median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 2.09 to a high of 10.39. The Forest Products industry median Debt-to-EBITDA is 3.32. Lee & Man Paper Manufacturing's value of 7.53 is 126.8% above this industry median. Based on the distribution chart, Lee & Man Paper Manufacturing ranks #166 out of 209 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Lee & Man Paper Manufacturing has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Lee & Man Paper Manufacturing's Debt-to-EBITDA compare to competitors?
According to the Forest Products industry distribution chart, Lee & Man Paper Manufacturing ranks #166 out of 209 companies for Debt-to-EBITDA. This places Lee & Man Paper Manufacturing in the lower half of its industry. The industry median Debt-to-EBITDA is 3.32. Lee & Man Paper Manufacturing's value of 7.53 is 126.8% above this benchmark. Historically, Lee & Man Paper Manufacturing's own Debt-to-EBITDA has ranged from 2.09 to 10.39 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 3.32, Lee & Man Paper Manufacturing 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 Forest Products company?
The median Debt-to-EBITDA among Forest Products companies is 3.32, based on 209 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. Lee & Man Paper Manufacturing's current Debt-to-EBITDA of 7.53 is 126.8% 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 Lee & Man Paper Manufacturing. For the Forest Products industry, the median Debt-to-EBITDA is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lee & Man Paper Manufacturing's current Debt-to-EBITDA is 7.53, which is 107% above median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lee & Man Paper Manufacturing stock overvalued right now?
Lee & Man Paper Manufacturing (FRA:LMP) has a current Debt-to-EBITDA of 7.53. The stock's GF Value™ is €0.27, compared to a current price of €0.36 — trading 34.8% above its estimated fair value. The current Debt-to-EBITDA is 7.53, which is 107% above median its 10-year median of 3.63 and 126.8% above the Forest Products industry median of 3.32. Lee & Man Paper Manufacturing's overall GF Score™ is 82/100 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 Lee & Man Paper Manufacturing (FRA:LMP), the current Debt-to-EBITDA is 7.53 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 Lee & Man Paper Manufacturing (FRA:LMP) Overvalued in 2026?

Based on GuruFocus' analysis, Lee & Man Paper Manufacturing stock appears to be overvalued. The current stock price of €0.36 is trading 34.8% above its estimated GF Value™ of €0.27.

Key valuation signals for FRA:LMP:

  • Debt-to-EBITDA: 7.53 (107% above median its 10-year median of 3.63)
  • GF Value™: €0.27 vs. price of €0.36 (34.8% above fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 126.8% above the Forest Products median (#166 of 209)

No single metric tells the full story. See the FRA:LMP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lee & Man Paper Manufacturing Business Description

Other Exchanges LMPMY:USA02314:Hong Kong
Address 169 Electric Road, 39th Floor, Lee & Man Commercial Center, North Point, Hong Kong, HKG
Lee & Man Paper Manufacturing Ltd is an investment holding company engaged in the manufacturing and trading of paper and pulp. Its segments are Packaging Paper, Pulp, and Tissue paper. The majority of the revenue is generated from the packaging paper segment that covers the production of kraft liner board, test liner board, coated duplex board, white top liner board, and strength corrugating medium. Its products include Wood pulp products, Boxboard paper products, Pink Gray Card Products, and Toilet Paper Products. The company generates maximum revenue from PRC, and also has its presence in Malaysia; Vietnam; and Hong Kong, Macau and others.
82GF Score

Get the complete analysis for FRA:LMP

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.36
Price
€0.27
GF Value