Grand Pharmaceutical Group (FRA:MX6A) Debt-to-EBITDA : 10.35 (As of Dec. 2025) — 661% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:MX6A Grand Pharmaceutical Group Ltd FRA:MX6A
88 GF Score
Price €0.51
GF Value €0.63
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Grand Pharmaceutical Group Debt-to-EBITDA?

Grand Pharmaceutical Group FRA:MX6A -0.98% 88 Debt-to-EBITDA is 10.35 as of Dec. 2025, which is 661% above its 10-year median of 1.36. GuruFocus rates FRA:MX6A with a GF Score™ of 88/100 and a GF Value™ of €0.63 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 675 Drug Manufacturers companies, Grand Pharmaceutical Group ranks worse than 66.07% on this metric.

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

Grand Pharmaceutical Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €312 Mil. Grand Pharmaceutical Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €206 Mil. Grand Pharmaceutical Group's annualized EBITDA for the quarter that ended in Dec. 2025 was €50 Mil. Grand Pharmaceutical Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 10.35.

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

FRA:MX6A' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.97   Med: 1.36   Max: 4.04
Current: 2.85

During the past 13 years, the highest Debt-to-EBITDA Ratio of Grand Pharmaceutical Group was 4.04. The lowest was 0.97. And the median was 1.36.

FRA:MX6A's Debt-to-EBITDA is ranked worse than
66.07% of 675 companies
in the Drug Manufacturers industry
Industry Median: 1.64 vs FRA:MX6A: 2.85

Grand Pharmaceutical Group  (FRA:MX6A) 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.


Grand Pharmaceutical Group Debt-to-EBITDA Related Terms


Grand Pharmaceutical Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Grand Pharmaceutical 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.

Grand Pharmaceutical Group Debt-to-EBITDA Chart

Grand Pharmaceutical Group 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 1.13 1.47 1.16 1.26 2.11

Grand Pharmaceutical Group 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 1.53 1.18 1.99 1.62 10.35

FRA:MX6A vs ZTS: Debt-to-EBITDA Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Grand Pharmaceutical 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.


Grand Pharmaceutical Group Debt-to-EBITDA vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Grand Pharmaceutical Group's Debt-to-EBITDA distribution charts can be found below:

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


FRA:MX6A
88GF Score
Grand Pharmaceutical Group Ltd FRA:MX6A
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grand Pharmaceutical Group Debt-to-EBITDA Calculation

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

Grand Pharmaceutical Group'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
=(311.861 + 206.458) / 245.671
=2.11

Grand Pharmaceutical Group'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
=(311.861 + 206.458) / 50.088
=10.35

* 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 10.35 mean?
Grand Pharmaceutical Group (FRA:MX6A) has a Debt-to-EBITDA of 10.35 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 Grand Pharmaceutical Group. This is 661% above median its historical median of 1.36. Over the past decade, Grand Pharmaceutical Group's Debt-to-EBITDA has ranged from 0.97 to 4.04. According to the industry distribution chart, Grand Pharmaceutical Group ranks #446 out of 675 companies in the Drug Manufacturers industry, placing it in the top 66.1%.
Is Grand Pharmaceutical Group's Debt-to-EBITDA too high?
Grand Pharmaceutical Group's current Debt-to-EBITDA of 10.35 is 661% above median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 4.04. The Drug Manufacturers industry median Debt-to-EBITDA is 1.64. Grand Pharmaceutical Group's value of 10.35 is 531.1% above this industry median. Based on the distribution chart, Grand Pharmaceutical Group ranks #446 out of 675 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Grand Pharmaceutical Group has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grand Pharmaceutical Group's Debt-to-EBITDA compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Grand Pharmaceutical Group ranks #446 out of 675 companies for Debt-to-EBITDA. This places Grand Pharmaceutical Group in the lower half of its industry. The industry median Debt-to-EBITDA is 1.64. Grand Pharmaceutical Group's value of 10.35 is 531.1% above this benchmark. Historically, Grand Pharmaceutical Group's own Debt-to-EBITDA has ranged from 0.97 to 4.04 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.64, Grand Pharmaceutical 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 Drug Manufacturers company?
The median Debt-to-EBITDA among Drug Manufacturers companies is 1.64, based on 675 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. Grand Pharmaceutical Group's current Debt-to-EBITDA of 10.35 is 531.1% 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 Grand Pharmaceutical Group. For the Drug Manufacturers industry, the median Debt-to-EBITDA is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Pharmaceutical Group's current Debt-to-EBITDA is 10.35, which is 661% above median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Pharmaceutical Group stock overvalued right now?
Based on GuruFocus' analysis, Grand Pharmaceutical Group (FRA:MX6A) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.63, compared to a current price of €0.51 — trading 19.8% below its estimated fair value. The current Debt-to-EBITDA is 10.35, which is 661% above median its 10-year median of 1.36 and 531.1% above the Drug Manufacturers industry median of 1.64. Grand Pharmaceutical Group's overall GF Score™ is 88/100 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 Grand Pharmaceutical Group (FRA:MX6A), the current Debt-to-EBITDA is 10.35 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 Grand Pharmaceutical Group (FRA:MX6A) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Pharmaceutical Group stock appears to be undervalued. The current stock price of €0.51 is trading 19.8% below its estimated GF Value™ of €0.63. GuruFocus considers Grand Pharmaceutical Group to be Modestly Undervalued.

Key valuation signals for FRA:MX6A:

  • Debt-to-EBITDA: 10.35 (661% above median its 10-year median of 1.36)
  • GF Value™: €0.63 vs. price of €0.51 (19.8% below fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 531.1% above the Drug Manufacturers median (#446 of 675)

No single metric tells the full story. See the FRA:MX6A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grand Pharmaceutical Group Business Description

Other Exchanges 00512:Hong Kong
Address 99 Queen\'s Road Central, Units 3302, 33rd Floor, The Center, Hong Kong, HKG
Grand Pharmaceutical Group Ltd are principally engaged in the manufacture and sales of pharmaceutical technology products, manufacture and sales of bio-technology products as well as manufacture and sales of nuclear medicine anti-tumor diagnosis and treatment and cerebro-cardiovascular precision interventional diagnosis and treatment technology products, in the People's Republic of China. The operation of the group constitutes one single reportable segment. The company has presence in The PRC, America, Europe, Asia other than the PRC and Others. The majority of revenue comes from the PRC. Its brands are breathe, biology, Cardiovascular emergency care, Cardiovascular intervention, ENT, tumor.
88GF Score

Get the complete analysis for FRA:MX6A

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

€0.51
Price
€0.63
GF Value