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.
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.
Manchester UnitedMANU +3.86%70 Debt-to-EBITDA is 2.73 as of Mar. 2026, which is 10% below its 10-year median of 3.04. GuruFocus rates MANU with a GF Score™ of 70/100 and a GF Value™ of $17.80 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 681 Media - Diversified companies, Manchester United ranks worse than 64.9% 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 Manchester United's Debt-to-EBITDA or its related term are showing as below:
MANU'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.35 Med: 3.04 Max: 15.38
Current: 2.76
During the past 13 years, the highest Debt-to-EBITDA Ratio of Manchester United was 15.38. The lowest was 2.35. And the median was 3.04.
MANU's Debt-to-EBITDA is ranked worse than 64.9% of 681
companies
in the Media - Diversified industry
Industry Median: 1.59
vs MANU: 2.76
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.
Manchester United Debt-to-EBITDA Related Terms
Manchester United Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Manchester United'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.
MANU vs LION, CNK, MSGE: Debt-to-EBITDA Comparison
For the Entertainment subindustry, Manchester United'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.
Manchester United Debt-to-EBITDA vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Manchester United's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Manchester United'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 four times the quarterly (Mar. 2026) EBITDA data.
Manchester United (MANU) has a Debt-to-EBITDA of 2.73 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 Manchester United. This is 10% below median its historical median of 3.04. Over the past decade, Manchester United's Debt-to-EBITDA has ranged from 2.35 to 15.38. According to the industry distribution chart, Manchester United ranks #442 out of 681 companies in the Media - Diversified industry, placing it in the top 64.9%.
Is Manchester United's Debt-to-EBITDA too high?
Manchester United's current Debt-to-EBITDA of 2.73 is 10% below median its 10-year median of 3.04. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 15.38. The Media - Diversified industry median Debt-to-EBITDA is 1.59. Manchester United's value of 2.73 is 71.7% above this industry median. Based on the distribution chart, Manchester United ranks #442 out of 681 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Manchester United has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manchester United's Debt-to-EBITDA compare to LION and CNK?
According to the Media - Diversified industry distribution chart, Manchester United ranks #442 out of 681 companies for Debt-to-EBITDA. This places Manchester United in the lower half of its industry. The industry median Debt-to-EBITDA is 1.59. Manchester United's value of 2.73 is 71.7% above this benchmark. Historically, Manchester United's own Debt-to-EBITDA has ranged from 2.35 to 15.38 over the past decade. While the company's 10-year median is 3.04 vs. the industry median of 1.59, Manchester United 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 Media - Diversified company?
The median Debt-to-EBITDA among Media - Diversified companies is 1.59, based on 681 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. Manchester United's current Debt-to-EBITDA of 2.73 is 71.7% 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 Manchester United. For the Media - Diversified industry, the median Debt-to-EBITDA is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manchester United's current Debt-to-EBITDA is 2.73, which is 10% below median its own 10-year median of 3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manchester United stock overvalued right now?
Based on GuruFocus' analysis, Manchester United (MANU) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.80, compared to a current price of $24.22 — trading 36.1% above its estimated fair value. The current Debt-to-EBITDA is 2.73, which is 10% below median its 10-year median of 3.04 and 71.7% above the Media - Diversified industry median of 1.59. Manchester United's overall GF Score™ is 70/100 with 10 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 Manchester United (MANU), the current Debt-to-EBITDA is 2.73 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 Manchester United (MANU) Overvalued in 2026?
Based on GuruFocus' analysis, Manchester United stock appears to be overvalued.
The current stock price of $24.22 is trading 36.1% above its estimated GF Value™ of $17.80.
GuruFocus considers Manchester United to be Significantly Overvalued.
Key valuation signals for MANU:
Debt-to-EBITDA: 2.73 (10% below median its 10-year median of 3.04)
GF Value™: $17.80 vs. price of $24.22 (36.1% above fair value)
Industry Position: 71.7% above the Media - Diversified median (#442 of 681)
No single metric tells the full story. See the MANU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manchester United PLC operates as a professional football club with related activities, generating revenue prominently through commercial, broadcasting, and matchday segments. The commercial segment monetizes the various brands via sponsorships, retail, merchandising, apparel, and product licensing. Broadcasting revenue comes from television rights linked to football leagues and competitions, alongside content delivered through its dedicated TV channel all over the globe. Matchday income includes ticket sales, hospitality, merchandise, and services at its stadium. Manchester United is based in England. The company's operations and fan base extends to many countries, supporting a diversified revenue model based on brand engagement and football-related content.
70GF Score
Get the complete analysis for MANU
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MANU has been successfully added to your 
