MAWHF (Man Wah Holdings) Debt-to-EBITDA : 2.59 (As of Mar. 2026) — 99% Above Median

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MAWHF Man Wah Holdings Ltd MAWHF
56 GF Score
Price $0.40
GF Value $0.59
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Man Wah Holdings Debt-to-EBITDA?

Man Wah Holdings MAWHF -2.88% 56 Debt-to-EBITDA is 2.59 as of Mar. 2026, which is 99% above its 10-year median of 1.30. GuruFocus rates MAWHF with a GF Score™ of 56/100 and a GF Value™ of $0.59 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 333 Furnishings, Fixtures & Appliances companies, Man Wah Holdings ranks worse than 51.35% on this metric.

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

Man Wah Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $551 Mil. Man Wah Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $67 Mil. Man Wah Holdings's annualized EBITDA for the quarter that ended in Mar. 2026 was $239 Mil. Man Wah Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.59.

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 Man Wah Holdings's Debt-to-EBITDA or its related term are showing as below:

MAWHF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.48   Med: 1.3   Max: 2.22
Current: 1.98

During the past 13 years, the highest Debt-to-EBITDA Ratio of Man Wah Holdings was 2.22. The lowest was 0.48. And the median was 1.30.

MAWHF's Debt-to-EBITDA is ranked worse than
51.35% of 333 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.91 vs MAWHF: 1.98

Man Wah Holdings  (OTCPK:MAWHF) 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.


Man Wah Holdings Debt-to-EBITDA Related Terms


Man Wah Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Man Wah 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.

Man Wah Holdings Debt-to-EBITDA Chart

Man Wah Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.37 1.19 1.31 1.57

Man Wah Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1.39 1.59 1.67 1.37 2.59

MAWHF vs SN, SGI, MHK: Debt-to-EBITDA Comparison

For the Furnishings, Fixtures & Appliances subindustry, Man Wah 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.


Man Wah Holdings Debt-to-EBITDA vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Man Wah Holdings's Debt-to-EBITDA distribution charts can be found below:

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


MAWHF
56GF Score
Man Wah Holdings Ltd MAWHF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Man Wah Holdings Debt-to-EBITDA Calculation

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

Man Wah Holdings's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(551.198 + 67.206) / 395.268
=1.56

Man Wah Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(551.198 + 67.206) / 238.832
=2.59

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.59 mean?
Man Wah Holdings (MAWHF) has a Debt-to-EBITDA of 2.59 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 Man Wah Holdings. This is 99% above median its historical median of 1.30. Over the past decade, Man Wah Holdings' Debt-to-EBITDA has ranged from 0.48 to 2.22. According to the industry distribution chart, Man Wah Holdings ranks #171 out of 333 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 51.4%.
Is Man Wah Holdings' Debt-to-EBITDA too high?
Man Wah Holdings' current Debt-to-EBITDA of 2.59 is 99% above median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 2.22. The Furnishings, Fixtures & Appliances industry median Debt-to-EBITDA is 1.91. Man Wah Holdings' value of 2.59 is 35.6% above this industry median. Based on the distribution chart, Man Wah Holdings ranks #171 out of 333 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Man Wah Holdings has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Man Wah Holdings' Debt-to-EBITDA compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Man Wah Holdings ranks #171 out of 333 companies for Debt-to-EBITDA. This places Man Wah Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 1.91. Man Wah Holdings' value of 2.59 is 35.6% above this benchmark. Historically, Man Wah Holdings' own Debt-to-EBITDA has ranged from 0.48 to 2.22 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 1.91, Man Wah Holdings 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 Furnishings, Fixtures & Appliances company?
The median Debt-to-EBITDA among Furnishings, Fixtures & Appliances companies is 1.91, based on 333 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. Man Wah Holdings's current Debt-to-EBITDA of 2.59 is 35.6% 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 Man Wah Holdings. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-EBITDA is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Wah Holdings's current Debt-to-EBITDA is 2.59, which is 99% above median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Wah Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Wah Holdings (MAWHF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.59, compared to a current price of $0.40 — trading 32.5% below its estimated fair value. The current Debt-to-EBITDA is 2.59, which is 99% above median its 10-year median of 1.30 and 35.6% above the Furnishings, Fixtures & Appliances industry median of 1.91. Man Wah Holdings' overall GF Score™ is 56/100 with 2 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 Man Wah Holdings (MAWHF), the current Debt-to-EBITDA is 2.59 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 Man Wah Holdings (MAWHF) Overvalued in 2026?

Based on GuruFocus' analysis, Man Wah Holdings stock appears to be undervalued. The current stock price of $0.40 is trading 32.5% below its estimated GF Value™ of $0.59. GuruFocus considers Man Wah Holdings to be Significantly Undervalued.

Key valuation signals for MAWHF:

  • Debt-to-EBITDA: 2.59 (99% above median its 10-year median of 1.30)
  • GF Value™: $0.59 vs. price of $0.40 (32.5% below fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 35.6% above the Furnishings, Fixtures & Appliances median (#171 of 333)

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


Man Wah Holdings Business Description

Address 10-14 Kwei Tei Street, 1st Floor, Wah Lai Industrial Center, New Territories, Fotan, Hong Kong, HKG
Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau) and also ahs its presence in North America, Europe and others.
56GF Score

Get the complete analysis for MAWHF

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

$0.40
Price
$0.59
GF Value