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Shoprite HoldingsLUS:SHOP 100 Debt-to-EBITDA is 2.24 as of Dec. 2025, which is 5% below its 10-year median of 2.36. GuruFocus rates LUS:SHOP with a GF Score™ of 100/100 and a GF Value™ of ZMW431.73 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 905 Retail - Cyclical companies, Shoprite Holdings ranks better than 51.93% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Shoprite Holdings's Debt-to-EBITDA or its related term are showing as below:
LUS:SHOP'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.92 Med: 2.36 Max: 3.01
Current: 2.27
During the past 13 years, the highest Debt-to-EBITDA Ratio of Shoprite Holdings was 3.01. The lowest was 0.92. And the median was 2.36.
LUS:SHOP's Debt-to-EBITDA is ranked better than 51.93% of 905
companies
in the Retail - Cyclical industry
Industry Median: 2.39
vs LUS:SHOP: 2.27
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.
Shoprite Holdings Debt-to-EBITDA Related Terms
Shoprite Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Shoprite Holdings'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.
For the Department Stores subindustry, Shoprite Holdings'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.
Shoprite Holdings Debt-to-EBITDA vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shoprite Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Shoprite Holdings's Debt-to-EBITDA falls into.
* 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.
Shoprite Holdings (LUS:SHOP) has a Debt-to-EBITDA of 2.24 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 Shoprite Holdings. This is near median its historical median of 2.36. Over the past decade, Shoprite Holdings' Debt-to-EBITDA has ranged from 0.92 to 3.01. According to the industry distribution chart, Shoprite Holdings ranks #435 out of 905 companies in the Retail - Cyclical industry, placing it in the top 48.1%.
Is Shoprite Holdings' Debt-to-EBITDA too high?
Shoprite Holdings' current Debt-to-EBITDA of 2.24 is near median its 10-year median of 2.36. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 3.01. The Retail - Cyclical industry median Debt-to-EBITDA is 2.39. Shoprite Holdings' value of 2.24 is 6.3% below this industry median. Based on the distribution chart, Shoprite Holdings ranks #435 out of 905 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Shoprite Holdings has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shoprite Holdings' Debt-to-EBITDA compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Shoprite Holdings ranks #435 out of 905 companies for Debt-to-EBITDA. This puts Shoprite Holdings in the upper half of its industry. The industry median Debt-to-EBITDA is 2.39. Shoprite Holdings' value of 2.24 is 6.3% below this benchmark. Historically, Shoprite Holdings' own Debt-to-EBITDA has ranged from 0.92 to 3.01 over the past decade. While the company's 10-year median is 2.36 vs. the industry median of 2.39, Shoprite Holdings 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 Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.39, based on 905 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. Shoprite Holdings's current Debt-to-EBITDA of 2.24 is 6.3% 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 Shoprite Holdings. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoprite Holdings's current Debt-to-EBITDA is 2.24, which is near median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoprite Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shoprite Holdings (LUS:SHOP) is currently considered Modestly Undervalued. The stock's GF Value™ is ZMW431.73, compared to a current price of ZMW350.00 — trading 18.9% below its estimated fair value. The current Debt-to-EBITDA is 2.24, which is near median its 10-year median of 2.36 and 6.3% below the Retail - Cyclical industry median of 2.39. Shoprite Holdings' overall GF Score™ is 100/100 with 1 warning sign 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 Shoprite Holdings (LUS:SHOP), the current Debt-to-EBITDA is 2.24 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 Shoprite Holdings (LUS:SHOP) Overvalued in 2026?
Based on GuruFocus' analysis, Shoprite Holdings stock appears to be undervalued.
The current stock price of ZMW350.00 is trading 18.9% below its estimated GF Value™ of ZMW431.73.
GuruFocus considers Shoprite Holdings to be Modestly Undervalued.
Key valuation signals for LUS:SHOP:
Debt-to-EBITDA: 2.24 (near median its 10-year median of 2.36)
GF Value™: ZMW431.73 vs. price of ZMW350.00 (18.9% below fair value)
Industry Position: 6.3% below the Retail - Cyclical median (#435 of 905)
No single metric tells the full story. See the LUS:SHOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shoprite Holdings Ltd is Africa's food retailer, headquartered in Cape Town, South Africa, with a widespread presence across multiple African countries. The company's main business is supermarket retailing through brands such as Shoprite, Usave, and Checkers. The company organizes its operations into three main segments: Supermarkets RSA, which covers its core supermarket retail operations in South Africa. The company segments include Supermarkets Non-RSA, covering supermarket operations in other African countries; and Other Operating Segments, which include franchise stores, pharmacies, pet products, clothing, and other specialist retail formats.
100GF Score
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