Numeral (JSE:XII) Debt-to-EBITDA : 1.55 (As of Feb. 2026) — 59% Below Median

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JSE:XII Numeral Ltd JSE:XII
10 GF Score
Price R0.28
! 7 Warning Signs
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What is Numeral Debt-to-EBITDA?

Numeral JSE:XII 10 Debt-to-EBITDA is 1.55 as of Feb. 2026, which is 59% below its 10-year median of 3.77. GuruFocus rates JSE:XII with a GF Score™ of 10/100. The stock has 7 warning signs investors should review. Among 692 Drug Manufacturers companies, Numeral ranks worse than 76.59% on this metric.

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

Numeral's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was R0.37 Mil. Numeral's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was R66.09 Mil. Numeral's annualized EBITDA for the quarter that ended in Feb. 2026 was R42.80 Mil. Numeral's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 was 1.55.

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

JSE:XII' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.97   Med: 3.77   Max: 7.7
Current: 4.1

During the past 13 years, the highest Debt-to-EBITDA Ratio of Numeral was 7.70. The lowest was -3.97. And the median was 3.77.

JSE:XII's Debt-to-EBITDA is ranked worse than
76.59% of 692 companies
in the Drug Manufacturers industry
Industry Median: 1.68 vs JSE:XII: 4.10

Numeral  (JSE:XII) 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.


Numeral Debt-to-EBITDA Related Terms


Numeral Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Numeral'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.

Numeral Debt-to-EBITDA Chart

Numeral Annual Data
Trend Dec15 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.97 -3.72 4.96 7.70 4.10

Numeral Quarterly Data
Nov20 Feb21 Aug21 Nov21 Feb22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 10.13 2.63 2.48 -2.32 1.55

JSE:XII vs ZTS, UTHR, VTRS: Debt-to-EBITDA Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Numeral'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.


Numeral Debt-to-EBITDA vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Numeral's Debt-to-EBITDA distribution charts can be found below:

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


JSE:XII
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Numeral Ltd JSE:XII
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Numeral Debt-to-EBITDA Calculation

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

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.368 + 66.086) / 16.202
=4.10

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.368 + 66.086) / 42.8
=1.55

* 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 four times the quarterly (Feb. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.55 mean?
Numeral (JSE:XII) has a Debt-to-EBITDA of 1.55 as of Feb. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Numeral. This is 59% below median its historical median of 3.77. According to the industry distribution chart, Numeral ranks #530 out of 692 companies in the Drug Manufacturers industry, placing it in the top 76.6%.
Is Numeral's Debt-to-EBITDA too high?
Numeral's current Debt-to-EBITDA of 1.55 is 59% below median its 10-year median of 3.77. The Drug Manufacturers industry median Debt-to-EBITDA is 1.68. Numeral's value of 1.55 is 7.7% below this industry median. Based on the distribution chart, Numeral ranks #530 out of 692 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Numeral has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Numeral's Debt-to-EBITDA compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Numeral ranks #530 out of 692 companies for Debt-to-EBITDA. This places Numeral in the lower half of its industry. The industry median Debt-to-EBITDA is 1.68. Numeral's value of 1.55 is 7.7% below this benchmark. While the company's 10-year median is 3.77 vs. the industry median of 1.68, Numeral 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 Drug Manufacturers company?
The median Debt-to-EBITDA among Drug Manufacturers companies is 1.68, based on 692 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. Numeral's current Debt-to-EBITDA of 1.55 is 7.7% 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 Numeral. For the Drug Manufacturers industry, the median Debt-to-EBITDA is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Numeral's current Debt-to-EBITDA is 1.55, which is 59% below median its own 10-year median of 3.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Numeral stock overvalued right now?
Numeral (JSE:XII) has a current Debt-to-EBITDA of 1.55. The current Debt-to-EBITDA is 1.55, which is 59% below median its 10-year median of 3.77 and 7.7% below the Drug Manufacturers industry median of 1.68. Numeral's overall GF Score™ is 10/100 with 7 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 Numeral (JSE:XII), the current Debt-to-EBITDA is 1.55 as of Feb. 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.

Numeral Business Description

Other Exchanges NXII.N0000:Mauritius
Address Sayed Hossen Road, Unit 13 Socota Phoenicia, Phoenix, MUS
Numeral Ltd is an investment holding company based in Mauritius with a focus on fintech, biotechnology, and asset management. Geographically it has a presence in countries across Africa, Europe and Asia. The majority of its revenue is generated in the form of Trading income.
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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