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Choppies EnterprisesJSE:CHP 43 Debt-to-EBITDA is 1.90 as of Dec. 2025, which is 31% below its 10-year median of 2.74. GuruFocus rates JSE:CHP with a GF Score™ of 43/100 and a GF Value™ of R0.83 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 258 Retail - Defensive companies, Choppies Enterprises ranks better than 53.49% 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 Choppies Enterprises's Debt-to-EBITDA or its related term are showing as below:
JSE:CHP'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.78 Med: 2.74 Max: 5.12
Current: 1.98
During the past 13 years, the highest Debt-to-EBITDA Ratio of Choppies Enterprises was 5.12. The lowest was -9.78. And the median was 2.74.
JSE:CHP's Debt-to-EBITDA is ranked better than 53.49% of 258
companies
in the Retail - Defensive industry
Industry Median: 2.1
vs JSE:CHP: 1.98
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.
Choppies Enterprises Debt-to-EBITDA Related Terms
Choppies Enterprises Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Choppies Enterprises'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 Grocery Stores subindustry, Choppies Enterprises'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.
Choppies Enterprises Debt-to-EBITDA vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Choppies Enterprises's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Choppies Enterprises'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 two times the quarterly (Dec. 2025) EBITDA data.
Choppies Enterprises (JSE:CHP) has a Debt-to-EBITDA of 1.90 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 Choppies Enterprises. This is 31% below median its historical median of 2.74. According to the industry distribution chart, Choppies Enterprises ranks #120 out of 258 companies in the Retail - Defensive industry, placing it in the top 46.5%.
Is Choppies Enterprises' Debt-to-EBITDA too high?
Choppies Enterprises' current Debt-to-EBITDA of 1.90 is 31% below median its 10-year median of 2.74. The Retail - Defensive industry median Debt-to-EBITDA is 2.10. Choppies Enterprises' value of 1.90 is 9.5% below this industry median. Based on the distribution chart, Choppies Enterprises ranks #120 out of 258 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Choppies Enterprises has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Choppies Enterprises' Debt-to-EBITDA compare to KR?
According to the Retail - Defensive industry distribution chart, Choppies Enterprises ranks #120 out of 258 companies for Debt-to-EBITDA. This puts Choppies Enterprises in the upper half of its industry. The industry median Debt-to-EBITDA is 2.10. Choppies Enterprises' value of 1.90 is 9.5% below this benchmark. While the company's 10-year median is 2.74 vs. the industry median of 2.10, Choppies Enterprises 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 - Defensive company?
The median Debt-to-EBITDA among Retail - Defensive companies is 2.10, based on 258 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. Choppies Enterprises's current Debt-to-EBITDA of 1.90 is 9.5% 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 Choppies Enterprises. For the Retail - Defensive industry, the median Debt-to-EBITDA is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choppies Enterprises's current Debt-to-EBITDA is 1.90, which is 31% below median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choppies Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Choppies Enterprises (JSE:CHP) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.83, compared to a current price of R1.13 — trading 36.1% above its estimated fair value. The current Debt-to-EBITDA is 1.90, which is 31% below median its 10-year median of 2.74 and 9.5% below the Retail - Defensive industry median of 2.10. Choppies Enterprises' overall GF Score™ is 43/100 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 Choppies Enterprises (JSE:CHP), the current Debt-to-EBITDA is 1.90 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 Choppies Enterprises (JSE:CHP) Overvalued in 2026?
Based on GuruFocus' analysis, Choppies Enterprises stock appears to be overvalued.
The current stock price of R1.13 is trading 36.1% above its estimated GF Value™ of R0.83.
GuruFocus considers Choppies Enterprises to be Significantly Overvalued.
Key valuation signals for JSE:CHP:
Debt-to-EBITDA: 1.90 (31% below median its 10-year median of 2.74)
GF Value™: R0.83 vs. price of R1.13 (36.1% above fair value)
Industry Position: 9.5% below the Retail - Defensive median (#120 of 258)
No single metric tells the full story. See the JSE:CHP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Choppies Enterprises Ltd operates a supermarket chain in Botswana. The company's supermarkets offer international food brands, fast-moving consumer goods products, and Choppies private label products. Its product offerings include groceries, fresh fruit and vegetables, bakery goods, butchery items, takeaways, and value-added financial services. The company's segments include Botswana, Zambia, Zimbabwe, Kamoso Liquor, Rest of Kamoso, and Namibia, with the majority of its revenue derived from Botswana.
43GF Score
Get the complete analysis for JSE:CHP
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