Nictus (JSE:NCS) Debt-to-EBITDA : (As of Mar. 2026)

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JSE:NCS Nictus Ltd JSE:NCS
55 GF Score
Price R2.42
GF Value R1.19
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Nictus Debt-to-EBITDA?

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

Nictus's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R0.3 Mil. Nictus's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R1.8 Mil. Nictus's annualized EBITDA for the quarter that ended in Mar. 2026 was R44.4 Mil. Nictus's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.05.

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

JSE:NCS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.06   Max: 0.53
Current: 0.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Nictus was 0.53. The lowest was 0.00. And the median was 0.06.

JSE:NCS's Debt-to-EBITDA is ranked better than
99.12% of 914 companies
in the Retail - Cyclical industry
Industry Median: 2.23 vs JSE:NCS: 0.02

Nictus  (JSE:NCS) 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.


Nictus Debt-to-EBITDA Related Terms


Nictus Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Nictus'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.

Nictus Debt-to-EBITDA Chart

Nictus Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
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Nictus Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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JSE:NCS vs CASY, WSM, ULTA: Debt-to-EBITDA Comparison

For the Specialty Retail subindustry, Nictus'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.


Nictus Debt-to-EBITDA vs Retail - Cyclical Industry

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

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


JSE:NCS
55GF Score
Nictus Ltd JSE:NCS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nictus Debt-to-EBITDA Calculation

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

Nictus's Debt-to-EBITDA for the fiscal year 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
=(0.338 + 1.768) / 53.294
=0.04

Nictus'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
=(0.338 + 1.768) / 44.37
=0.05

* 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 (Mar. 2026) EBITDA data.

Is Nictus (JSE:NCS) Overvalued in 2026?

Based on GuruFocus' analysis, Nictus stock appears to be overvalued. The current stock price of R2.42 is trading 103.4% above its estimated GF Value™ of R1.19. GuruFocus considers Nictus to be Significantly Overvalued.

Key valuation signals for JSE:NCS:

  • Debt-to-EBITDA:
  • GF Value™: R1.19 vs. price of R2.42 (103.4% above fair value)
  • GF Score™: 55/100 with 4 warning signs

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


Nictus Business Description

Address 392 Main Road, Block C, 1st Floor, The Main Straight Office Park, Bryanston, ZAF, 2191
Nictus Ltd operates as a retailer of household furniture, electrical appliances, and home electronics through the Nictus Furnishers brand and a short-term insurer through the Corporate Guarantee brand. The company owns three furniture retail stores located in Makhado, Polokwane and Randburg, South Africa. It operates in two segments namely Furniture segment and Insurance segment provides short-term insurance. Majority of the revenue is derived from the retailing of furniture and other products.
55GF Score

Get the complete analysis for JSE:NCS

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

R2.42
Price
R1.19
GF Value