Tokmanni Group (FRA:TK9) Debt-to-EBITDA : (As of Jun. 2026)

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:TK9 Tokmanni Group Corp FRA:TK9
74 GF Score
Price €6.92
GF Value €12.24
! 9 Warning Signs
View Full Analysis

What is Tokmanni Group Debt-to-EBITDA?

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

Tokmanni Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €134 Mil. Tokmanni Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €778 Mil. Tokmanni Group's annualized EBITDA for the quarter that ended in Jun. 2026 was €135 Mil. Tokmanni Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 6.75.

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

FRA:TK9' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.3   Med: 2.96   Max: 4.55
Current: 4.22

During the past 12 years, the highest Debt-to-EBITDA Ratio of Tokmanni Group was 4.55. The lowest was 2.30. And the median was 2.96.

FRA:TK9's Debt-to-EBITDA is ranked worse than
75.67% of 263 companies
in the Retail - Defensive industry
Industry Median: 2.15 vs FRA:TK9: 4.22

Tokmanni Group  (FRA:TK9) 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.

Tokmanni Group Debt-to-EBITDA Related Terms

Tokmanni Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tokmanni 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.

Tokmanni Group Debt-to-EBITDA Chart

Tokmanni 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 - - - - -

Tokmanni Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 - - - - -

FRA:TK9 vs WMT, COST, TGT: Debt-to-EBITDA Comparison

For the Discount Stores subindustry, Tokmanni 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.

Tokmanni Group Debt-to-EBITDA vs Retail - Defensive Industry

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

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


FRA:TK9
74GF Score
Tokmanni Group Corp FRA:TK9
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokmanni Group Debt-to-EBITDA Calculation

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

Tokmanni 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
=(142.815 + 816.402) / 219.442
=4.37

Tokmanni Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(133.6 + 778.4) / 135.2
=6.75

* 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 (Jun. 2026) EBITDA data.

Is Tokmanni Group (FRA:TK9) Overvalued in 2026?

Based on GuruFocus' analysis, Tokmanni Group stock appears to be undervalued. The current stock price of €6.92 is trading 43.5% below its estimated GF Value™ of €12.24.

Key valuation signals for FRA:TK9:

  • Debt-to-EBITDA:
  • GF Value™: €12.24 vs. price of €6.92 (43.5% below fair value)
  • GF Score™: 74/100 with 9 warning signs

No single metric tells the full story. See the FRA:TK9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tokmanni Group Business Description

Address Isolammintie 1, Mantsala, FIN, 04600
Tokmanni Group Corp is a variety discount retailer operating in Finland, Sweden, and Denmark, offering affordable prices, a diverse product range, and integrated online and store networks. Its revenue is derived from grocery products such as food, beverages, household paper, cleaning products, and cosmetics, and non-grocery products including apparel, home and living, garden, and leisure items. The Group consists of the Tokmanni and Dollarstore segments, where the Tokmanni segment generates maximum revenue and includes Tokmanni, Click Shoes, and Shoe House stores and online platforms, while the Dollarstore segment includes Dollarstore and Big Dollar stores. Finland generates the majority of its revenue.
74GF Score

Get the complete analysis for FRA:TK9

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

€6.92
Price
€12.24
GF Value