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Hesai GroupHSAI +2.89%81 Debt-to-EBITDA is 9.97 as of Mar. 2026, which is 1345% above its 10-year median of 0.69. GuruFocus rates HSAI with a GF Score™ of 81/100 and a GF Value™ of $21.96 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,096 Vehicles & Parts companies, Hesai Group ranks better than 56.66% 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 Hesai Group's Debt-to-EBITDA or its related term are showing as below:
HSAI'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.45 Med: 0.69 Max: 17.03
Current: 1.9
During the past 7 years, the highest Debt-to-EBITDA Ratio of Hesai Group was 17.03. The lowest was -1.45. And the median was 0.69.
HSAI's Debt-to-EBITDA is ranked better than 56.66% of 1096
companies
in the Vehicles & Parts industry
Industry Median: 2.26
vs HSAI: 1.90
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.
Hesai Group Debt-to-EBITDA Related Terms
Hesai Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Hesai 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 Auto Parts subindustry, Hesai 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.
Hesai Group Debt-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hesai Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Hesai 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 four times the quarterly (Mar. 2026) EBITDA data.
Hesai Group (HSAI) has a Debt-to-EBITDA of 9.97 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 Hesai Group. This is 1345% above median its historical median of 0.69. According to the industry distribution chart, Hesai Group ranks #475 out of 1096 companies in the Vehicles & Parts industry, placing it in the top 43.3%.
Is Hesai Group's Debt-to-EBITDA too high?
Hesai Group's current Debt-to-EBITDA of 9.97 is 1345% above median its 10-year median of 0.69. The Vehicles & Parts industry median Debt-to-EBITDA is 2.26. Hesai Group's value of 9.97 is 341.2% above this industry median. Based on the distribution chart, Hesai Group ranks #475 out of 1096 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Hesai Group has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hesai Group's Debt-to-EBITDA compare to GT and VC?
According to the Vehicles & Parts industry distribution chart, Hesai Group ranks #475 out of 1096 companies for Debt-to-EBITDA. This puts Hesai Group in the upper half of its industry. The industry median Debt-to-EBITDA is 2.26. Hesai Group's value of 9.97 is 341.2% above this benchmark. While the company's 10-year median is 0.69 vs. the industry median of 2.26, Hesai 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 Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.26, based on 1,096 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. Hesai Group's current Debt-to-EBITDA of 9.97 is 341.2% 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 Hesai Group. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hesai Group's current Debt-to-EBITDA is 9.97, which is 1345% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hesai Group stock overvalued right now?
Based on GuruFocus' analysis, Hesai Group (HSAI) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.96, compared to a current price of $18.31 — trading 16.6% below its estimated fair value. The current Debt-to-EBITDA is 9.97, which is 1345% above median its 10-year median of 0.69 and 341.2% above the Vehicles & Parts industry median of 2.26. Hesai Group's overall GF Score™ is 81/100 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 Hesai Group (HSAI), the current Debt-to-EBITDA is 9.97 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 Hesai Group (HSAI) Overvalued in 2026?
Based on GuruFocus' analysis, Hesai Group stock appears to be undervalued.
The current stock price of $18.31 is trading 16.6% below its estimated GF Value™ of $21.96.
GuruFocus considers Hesai Group to be Modestly Undervalued.
Key valuation signals for HSAI:
Debt-to-EBITDA: 9.97 (1345% above median its 10-year median of 0.69)
GF Value™: $21.96 vs. price of $18.31 (16.6% below fair value)
Industry Position: 341.2% above the Vehicles & Parts median (#475 of 1096)
No single metric tells the full story. See the HSAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hesai Group is engaged in the development, manufacture, and sales of three-dimensional light detection and ranging solutions, or LiDAR. Its LiDAR products enable a broad spectrum of applications across passenger or commercial vehicles with enhanced driver assistance systems, or ADAS, autonomous vehicle fleets providing passenger and freight mobility services, or Autonomous Mobility, and other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas, or Robotics. Geographically, the company operates in North America, Mainland China, Europe, and Other regions.
81GF Score
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