MINISO Group Holding (FRA:MIF0) Debt-to-EBITDA : 1.87 (As of Mar. 2026) — 160% Above Median

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FRA:MIF0 MINISO Group Holding Ltd FRA:MIF0
74 GF Score
Price €2.72
GF Value €6.51
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is MINISO Group Holding Debt-to-EBITDA?

MINISO Group Holding FRA:MIF0 -2.06% 74 Debt-to-EBITDA is 1.87 as of Mar. 2026, which is 160% above its 10-year median of 0.72. GuruFocus rates FRA:MIF0 with a GF Score™ of 74/100 and a GF Value™ of €6.51 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 903 Retail - Cyclical companies, MINISO Group Holding ranks worse than 68% on this metric.

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

MINISO Group Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €386 Mil. MINISO Group Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €1,059 Mil. MINISO Group Holding's annualized EBITDA for the quarter that ended in Mar. 2026 was €775 Mil. MINISO Group Holding's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.87.

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 MINISO Group Holding's Debt-to-EBITDA or its related term are showing as below:

FRA:MIF0' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.89   Med: 0.72   Max: 3.63
Current: 3.63

During the past 8 years, the highest Debt-to-EBITDA Ratio of MINISO Group Holding was 3.63. The lowest was -0.89. And the median was 0.72.

FRA:MIF0's Debt-to-EBITDA is ranked worse than
68% of 903 companies
in the Retail - Cyclical industry
Industry Median: 2.37 vs FRA:MIF0: 3.63

MINISO Group Holding  (FRA:MIF0) 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.


MINISO Group Holding Debt-to-EBITDA Related Terms


MINISO Group Holding Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for MINISO Group Holding'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.

MINISO Group Holding Debt-to-EBITDA Chart

MINISO Group Holding Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial -0.89 0.65 0.37 0.72 3.01

MINISO Group Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.53 3.52 3.46 16.83 1.87

FRA:MIF0 vs RH, BBWI, ASO: Debt-to-EBITDA Comparison

For the Specialty Retail subindustry, MINISO Group Holding'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.


MINISO Group Holding Debt-to-EBITDA vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MINISO Group Holding's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where MINISO Group Holding's Debt-to-EBITDA falls into.


FRA:MIF0
74GF Score
MINISO Group Holding Ltd FRA:MIF0
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MINISO Group Holding Debt-to-EBITDA Calculation

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

MINISO Group Holding'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
=(327.598 + 985.681) / 435.995
=3.01

MINISO Group Holding's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(386.41 + 1059.237) / 775.024
=1.87

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.87 mean?
MINISO Group Holding (FRA:MIF0) has a Debt-to-EBITDA of 1.87 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 MINISO Group Holding. This is 160% above median its historical median of 0.72. According to the industry distribution chart, MINISO Group Holding ranks #614 out of 903 companies in the Retail - Cyclical industry, placing it in the top 68%.
Is MINISO Group Holding's Debt-to-EBITDA too high?
MINISO Group Holding's current Debt-to-EBITDA of 1.87 is 160% above median its 10-year median of 0.72. The Retail - Cyclical industry median Debt-to-EBITDA is 2.37. MINISO Group Holding's value of 1.87 is 21.1% below this industry median. Based on the distribution chart, MINISO Group Holding ranks #614 out of 903 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, MINISO Group Holding has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MINISO Group Holding's Debt-to-EBITDA compare to RH and BBWI?
According to the Retail - Cyclical industry distribution chart, MINISO Group Holding ranks #614 out of 903 companies for Debt-to-EBITDA. This places MINISO Group Holding in the lower half of its industry. The industry median Debt-to-EBITDA is 2.37. MINISO Group Holding's value of 1.87 is 21.1% below this benchmark. While the company's 10-year median is 0.72 vs. the industry median of 2.37, MINISO Group Holding 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 - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.37, based on 903 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. MINISO Group Holding's current Debt-to-EBITDA of 1.87 is 21.1% 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 MINISO Group Holding. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MINISO Group Holding's current Debt-to-EBITDA is 1.87, which is 160% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MINISO Group Holding stock overvalued right now?
Based on GuruFocus' analysis, MINISO Group Holding (FRA:MIF0) is currently considered Significantly Undervalued. The stock's GF Value™ is €6.51, compared to a current price of €2.72 — trading 58.3% below its estimated fair value. The current Debt-to-EBITDA is 1.87, which is 160% above median its 10-year median of 0.72 and 21.1% below the Retail - Cyclical industry median of 2.37. MINISO Group Holding's overall GF Score™ is 74/100 with 3 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 MINISO Group Holding (FRA:MIF0), the current Debt-to-EBITDA is 1.87 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 MINISO Group Holding (FRA:MIF0) Overvalued in 2026?

Based on GuruFocus' analysis, MINISO Group Holding stock appears to be undervalued. The current stock price of €2.72 is trading 58.3% below its estimated GF Value™ of €6.51. GuruFocus considers MINISO Group Holding to be Significantly Undervalued.

Key valuation signals for FRA:MIF0:

  • Debt-to-EBITDA: 1.87 (160% above median its 10-year median of 0.72)
  • GF Value™: €6.51 vs. price of €2.72 (58.3% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 21.1% below the Retail - Cyclical median (#614 of 903)

No single metric tells the full story. See the FRA:MIF0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MINISO Group Holding Business Description

Address No. 109, Pazhou Avenue, 8th Floor, M Plaza, Haizhu District, Guangdong Province, Guangzhou, CHN, 510000
MINISO Group Holding Ltd is a value retailer offering a variety of trendy lifestyle products featuring IP design. The principal activity of the Company is investment holding. The company's product categories include home decor, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care, snacks, fragrance and perfumes, and stationery and gifts. Its segment includes the MINISO brand -Chinese Mainland and MINISO brand-Overseas which is engaged in the Design, buying, and sale of lifestyle products, and the TOP TOY brand, which is engaged in the Design, buying, and sale of pop toys. The company generates maximum revenue from theMINISO brand -Chinese Mainland segment. Geographically, it derives a majority of its revenue from Chinese Mainland.
74GF Score

Get the complete analysis for FRA:MIF0

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

€2.72
Price
€6.51
GF Value