Spur (JSE:SUR) Debt-to-EBITDA : (As of Jun. 2026)

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:SUR Spur Corp Ltd JSE:SUR
91 GF Score
Price R43.46
GF Value R41.50
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Spur Debt-to-EBITDA?

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

Spur's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was R17 Mil. Spur's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was R75 Mil. Spur's annualized EBITDA for the quarter that ended in Jun. 2026 was R202 Mil. Spur's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 0.46.

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

JSE:SUR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02   Med: 0.2   Max: 0.41
Current: 0.41

During the past 13 years, the highest Debt-to-EBITDA Ratio of Spur was 0.41. The lowest was 0.02. And the median was 0.20.

JSE:SUR's Debt-to-EBITDA is ranked better than
93.44% of 305 companies
in the Restaurants industry
Industry Median: 2.97 vs JSE:SUR: 0.41

Spur  (JSE:SUR) 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.


Spur Debt-to-EBITDA Related Terms


Spur Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Spur'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.

Spur Debt-to-EBITDA Chart

Spur Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Spur Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 - - - - -

JSE:SUR vs MCD, SBUX, CMG: Debt-to-EBITDA Comparison

For the Restaurants subindustry, Spur'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.


Spur Debt-to-EBITDA vs Restaurants Industry

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

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


JSE:SUR
91GF Score
Spur Corp Ltd JSE:SUR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spur Debt-to-EBITDA Calculation

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

Spur's Debt-to-EBITDA for the fiscal year that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(17.119 + 75.235) / 366.85
=0.25

Spur's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(17.119 + 75.235) / 201.67
=0.46

* 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 (Jun. 2026) EBITDA data.

Is Spur (JSE:SUR) Overvalued in 2026?

Based on GuruFocus' analysis, Spur stock appears to be overvalued. The current stock price of R43.46 is trading 4.7% above its estimated GF Value™ of R41.50. GuruFocus considers Spur to be Fairly Valued.

Key valuation signals for JSE:SUR:

  • Debt-to-EBITDA:
  • GF Value™: R41.50 vs. price of R43.46 (4.7% above fair value)
  • GF Score™: 91/100 with 7 warning signs

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


Spur Business Description

Address 14 Edison Way, Century Gate Business Park, Century City, Cape Town, WC, ZAF, 7441
Spur Corp Ltd is a South African multi-brand restaurant franchisor. The group operates as franchisor for the Spur Steak Ranches, Panarottis Pizza Pasta, John Dory's Fish Grill Sushi, The Hussar Grill, RocoMamas (including RocoGo), Casa Bella, Nikos, Doppio Zero and Piza e Vino brands. The company's segment includes South Africa and International segment. South Africa segment include: Franchise, Manufacturing and distribution, Retail company stores, Marketing and Other. International segment include Australasia, Rest of Africa and Middle East and Marketing. Key revenue is generated from South Africa segment.
91GF Score

Get the complete analysis for JSE:SUR

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

R43.46
Price
R41.50
GF Value