Salungano Group (JSE:SLG) Debt-to-EBITDA : 0.54 (As of Mar. 2026) — 62% Below 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.

JSE:SLG Salungano Group Ltd JSE:SLG
36 GF Score
Price R1.00
GF Value R0.52
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Salungano Group Debt-to-EBITDA?

Salungano Group JSE:SLG 36 Debt-to-EBITDA is 0.54 as of Mar. 2026, which is 62% below its 10-year median of 1.42. GuruFocus rates JSE:SLG with a GF Score™ of 36/100 and a GF Value™ of R0.52 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 92 Other Energy Sources companies, Salungano Group ranks better than 83.7% on this metric.

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

Salungano Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R242 Mil. Salungano Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R17 Mil. Salungano Group's annualized EBITDA for the quarter that ended in Mar. 2026 was R484 Mil. Salungano Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.54.

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

JSE:SLG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.67   Med: 1.42   Max: 3.74
Current: 0.34

During the past 13 years, the highest Debt-to-EBITDA Ratio of Salungano Group was 3.74. The lowest was -1.67. And the median was 1.42.

JSE:SLG's Debt-to-EBITDA is ranked better than
83.7% of 92 companies
in the Other Energy Sources industry
Industry Median: 2.185 vs JSE:SLG: 0.34

Salungano Group  (JSE:SLG) 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.


Salungano Group Debt-to-EBITDA Related Terms


Salungano Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Salungano 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.

Salungano Group Debt-to-EBITDA Chart

Salungano Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.67 -1.67 2.07 1.24 0.34

Salungano Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 32.21 1.21 1.57 0.35 0.54

JSE:SLG vs CNR: Debt-to-EBITDA Comparison

For the Thermal Coal subindustry, Salungano 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.


Salungano Group Debt-to-EBITDA vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Salungano Group's Debt-to-EBITDA distribution charts can be found below:

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


JSE:SLG
36GF Score
Salungano Group Ltd JSE:SLG
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salungano Group Debt-to-EBITDA Calculation

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

Salungano Group'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
=(242.196 + 16.962) / 772.216
=0.34

Salungano Group'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
=(242.196 + 16.962) / 484.29
=0.54

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.54 mean?
Salungano Group (JSE:SLG) has a Debt-to-EBITDA of 0.54 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 Salungano Group. This is 62% below median its historical median of 1.42. According to the industry distribution chart, Salungano Group ranks #15 out of 92 companies in the Other Energy Sources industry, placing it in the top 16.3%.
Is Salungano Group's Debt-to-EBITDA too high?
Salungano Group's current Debt-to-EBITDA of 0.54 is 62% below median its 10-year median of 1.42. The Other Energy Sources industry median Debt-to-EBITDA is 2.19. Salungano Group's value of 0.54 is 75.3% below this industry median. Based on the distribution chart, Salungano Group ranks #15 out of 92 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Salungano Group has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salungano Group's Debt-to-EBITDA compare to CNR?
According to the Other Energy Sources industry distribution chart, Salungano Group ranks #15 out of 92 companies for Debt-to-EBITDA. This places Salungano Group in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.19. Salungano Group's value of 0.54 is 75.3% below this benchmark. While the company's 10-year median is 1.42 vs. the industry median of 2.19, Salungano Group 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 an Other Energy Sources company?
The median Debt-to-EBITDA among Other Energy Sources companies is 2.19, based on 92 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. Salungano Group's current Debt-to-EBITDA of 0.54 is 75.3% 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 Salungano Group. For the Other Energy Sources industry, the median Debt-to-EBITDA is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salungano Group's current Debt-to-EBITDA is 0.54, which is 62% below median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salungano Group stock overvalued right now?
Based on GuruFocus' analysis, Salungano Group (JSE:SLG) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.52, compared to a current price of R1.00 — trading 92.3% above its estimated fair value. The current Debt-to-EBITDA is 0.54, which is 62% below median its 10-year median of 1.42 and 75.3% below the Other Energy Sources industry median of 2.19. Salungano Group's overall GF Score™ is 36/100 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 Salungano Group (JSE:SLG), the current Debt-to-EBITDA is 0.54 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 Salungano Group (JSE:SLG) Overvalued in 2026?

Based on GuruFocus' analysis, Salungano Group stock appears to be overvalued. The current stock price of R1.00 is trading 92.3% above its estimated GF Value™ of R0.52. GuruFocus considers Salungano Group to be Significantly Overvalued.

Key valuation signals for JSE:SLG:

  • Debt-to-EBITDA: 0.54 (62% below median its 10-year median of 1.42)
  • GF Value™: R0.52 vs. price of R1.00 (92.3% above fair value)
  • GF Score™: 36/100 with 5 warning signs
  • Industry Position: 75.3% below the Other Energy Sources median (#15 of 92)

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


Salungano Group Business Description

Address 142 Western Service Road, First Floor, Building 10, Woodmead Business Park, Woodmead, Sandton, Johannesburg, GT, ZAF, 2191
Salungano Group Ltd is a South African firm mainly engaged in the mining, processing, sale, and distribution of thermal coal. Along with its subsidiaries, it operates in the following reportable segments: Mining, Trading, Property rental and other, and Investment holding. The majority of its revenue is generated from the Mining segment, which is involved in the exploration, beneficiation, and mining of bituminous coal. The mining operations of the Group are carried out at Elandspruit, Khanyisa, Vanggatfontein, Arnot, and Moabsvelden mining complexes. The Trading segment buys and sells coal to inland customers, and the property rental segment rents property to other segments within the group.
36GF Score

Get the complete analysis for JSE:SLG

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

R1.00
Price
R0.52
GF Value