Super Group (JSE:SPG) Debt-to-EBITDA : 3.42 (As of Dec. 2025) — 56% Above Median

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JSE:SPG Super Group Ltd JSE:SPG
82 GF Score
Price R21.12
GF Value R23.76
Valuation Modestly Undervalued
! 11 Warning Signs
View Full Analysis

What is Super Group Debt-to-EBITDA?

Super Group JSE:SPG +3.18% 82 Debt-to-EBITDA is 3.42 as of Dec. 2025, which is 56% above its 10-year median of 2.19. GuruFocus rates JSE:SPG with a GF Score™ of 82/100 and a GF Value™ of R23.76 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 866 Transportation companies, Super Group ranks worse than 62.36% on this metric.

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

Super Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was R1,770 Mil. Super Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was R7,180 Mil. Super Group's annualized EBITDA for the quarter that ended in Dec. 2025 was R2,616 Mil. Super Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 3.42.

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

JSE:SPG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.43   Med: 2.19   Max: 5.02
Current: 3.55

During the past 13 years, the highest Debt-to-EBITDA Ratio of Super Group was 5.02. The lowest was 1.43. And the median was 2.19.

JSE:SPG's Debt-to-EBITDA is ranked worse than
62.36% of 866 companies
in the Transportation industry
Industry Median: 2.635 vs JSE:SPG: 3.55

Super Group  (JSE:SPG) 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.


Super Group Debt-to-EBITDA Related Terms


Super Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Super 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.

Super Group Debt-to-EBITDA Chart

Super Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.56 3.41 3.38 5.02 1.43

Super Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 12.81 14.16 4.17 4.10 3.42

JSE:SPG vs UPS, FDX, JBHT: Debt-to-EBITDA Comparison

For the Integrated Freight & Logistics subindustry, Super 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.


Super Group Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Super Group's Debt-to-EBITDA distribution charts can be found below:

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


JSE:SPG
82GF Score
Super Group Ltd JSE:SPG
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Super Group Debt-to-EBITDA Calculation

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

Super Group's Debt-to-EBITDA for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2738.496 + 7185.633) / 6955.061
=1.43

Super Group's annualized Debt-to-EBITDA for the quarter 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
=(1769.705 + 7180.066) / 2616.38
=3.42

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.42 mean?
Super Group (JSE:SPG) has a Debt-to-EBITDA of 3.42 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 Super Group. This is 56% above median its historical median of 2.19. Over the past decade, Super Group's Debt-to-EBITDA has ranged from 1.43 to 5.02. According to the industry distribution chart, Super Group ranks #540 out of 866 companies in the Transportation industry, placing it in the top 62.4%.
Is Super Group's Debt-to-EBITDA too high?
Super Group's current Debt-to-EBITDA of 3.42 is 56% above median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 5.02. The Transportation industry median Debt-to-EBITDA is 2.64. Super Group's value of 3.42 is 29.8% above this industry median. Based on the distribution chart, Super Group ranks #540 out of 866 companies in the Transportation industry, which is below the industry midpoint. Overall, Super Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Super Group's Debt-to-EBITDA compare to UPS and FDX?
According to the Transportation industry distribution chart, Super Group ranks #540 out of 866 companies for Debt-to-EBITDA. This places Super Group in the lower half of its industry. The industry median Debt-to-EBITDA is 2.64. Super Group's value of 3.42 is 29.8% above this benchmark. Historically, Super Group's own Debt-to-EBITDA has ranged from 1.43 to 5.02 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 2.64, Super 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 Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.64, based on 866 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. Super Group's current Debt-to-EBITDA of 3.42 is 29.8% 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 Super Group. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Super Group's current Debt-to-EBITDA is 3.42, which is 56% above median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Super Group stock overvalued right now?
Based on GuruFocus' analysis, Super Group (JSE:SPG) is currently considered Modestly Undervalued. The stock's GF Value™ is R23.76, compared to a current price of R21.12 — trading 11.1% below its estimated fair value. The current Debt-to-EBITDA is 3.42, which is 56% above median its 10-year median of 2.19 and 29.8% above the Transportation industry median of 2.64. Super Group's overall GF Score™ is 82/100 with 11 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 Super Group (JSE:SPG), the current Debt-to-EBITDA is 3.42 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 Super Group (JSE:SPG) Overvalued in 2026?

Based on GuruFocus' analysis, Super Group stock appears to be undervalued. The current stock price of R21.12 is trading 11.1% below its estimated GF Value™ of R23.76. GuruFocus considers Super Group to be Modestly Undervalued.

Key valuation signals for JSE:SPG:

  • Debt-to-EBITDA: 3.42 (56% above median its 10-year median of 2.19)
  • GF Value™: R23.76 vs. price of R21.12 (11.1% below fair value)
  • GF Score™: 82/100 with 11 warning signs
  • Industry Position: 29.8% above the Transportation median (#540 of 866)

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


Super Group Business Description

Other Exchanges S8G1:Germany
Address 27 Impala Road, Chislehurston, Sandton, Johannesburg, ZAF, 2196
Super Group Ltd provides logistics and mobility solutions across sub-Saharan Africa, the United Kingdom, Europe, and Australasia through several key segments. Its Supply Chain divisions offer distribution, warehousing, and courier services. The Dealerships divisions manage the sale and servicing of passenger and commercial vehicles in South Africa and the United Kingdom, representing key vehicle brands. The Fleet Solutions divisions provide fleet management and vehicle leasing services. The principal segments of the company are Supply Chain Africa, Supply Chain Europe, Fleet Africa, SG Fleet, Dealerships SA, Dealerships UK and Services. Geographically, the company generates the majority of its revenue from South Africa.
82GF Score

Get the complete analysis for JSE:SPG

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

R21.12
Price
R23.76
GF Value