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Lenovo GroupMEX:992N 51 Debt-to-EBITDA is 4.26 as of Jun. 2026, which is 165% above its 10-year median of 1.61. GuruFocus rates MEX:992N with a GF Score™ of 51/100 and a GF Value™ of MXN31.90 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,793 Hardware companies, Lenovo Group ranks worse than 51.92% 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 Lenovo Group's Debt-to-EBITDA or its related term are showing as below:
MEX:992N'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.87 Med: 1.61 Max: 4.01
Current: 1.83
During the past 13 years, the highest Debt-to-EBITDA Ratio of Lenovo Group was 4.01. The lowest was 0.87. And the median was 1.61.
MEX:992N's Debt-to-EBITDA is ranked worse than 51.92% of 1793
companies
in the Hardware industry
Industry Median: 1.7
vs MEX:992N: 1.83
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.
Lenovo Group Debt-to-EBITDA Related Terms
Lenovo Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Lenovo Group'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.
MEX:992N vs DELL, ANET, SNDK: Debt-to-EBITDA Comparison
For the Computer Hardware subindustry, Lenovo Group'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.
Lenovo Group Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Lenovo Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Lenovo Group'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 (Jun. 2026) EBITDA data.
Lenovo Group (MEX:992N) has a Debt-to-EBITDA of 4.26 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Lenovo Group. This is 165% above median its historical median of 1.61. Over the past decade, Lenovo Group's Debt-to-EBITDA has ranged from 0.87 to 4.01. According to the industry distribution chart, Lenovo Group ranks #931 out of 1793 companies in the Hardware industry, placing it in the top 51.9%.
Is Lenovo Group's Debt-to-EBITDA too high?
Lenovo Group's current Debt-to-EBITDA of 4.26 is 165% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 4.01. The Hardware industry median Debt-to-EBITDA is 1.70. Lenovo Group's value of 4.26 is 150.6% above this industry median. Based on the distribution chart, Lenovo Group ranks #931 out of 1793 companies in the Hardware industry, which is below the industry midpoint. Overall, Lenovo Group has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lenovo Group's Debt-to-EBITDA compare to DELL and ANET?
According to the Hardware industry distribution chart, Lenovo Group ranks #931 out of 1793 companies for Debt-to-EBITDA. This places Lenovo Group in the lower half of its industry. The industry median Debt-to-EBITDA is 1.70. Lenovo Group's value of 4.26 is 150.6% above this benchmark. Historically, Lenovo Group's own Debt-to-EBITDA has ranged from 0.87 to 4.01 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 1.70, Lenovo Group 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.70, based on 1,793 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. Lenovo Group's current Debt-to-EBITDA of 4.26 is 150.6% 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 Lenovo Group. For the Hardware industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lenovo Group's current Debt-to-EBITDA is 4.26, which is 165% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lenovo Group stock overvalued right now?
Based on GuruFocus' analysis, Lenovo Group (MEX:992N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN31.90, compared to a current price of MXN50.86 — trading 59.4% above its estimated fair value. The current Debt-to-EBITDA is 4.26, which is 165% above median its 10-year median of 1.61 and 150.6% above the Hardware industry median of 1.70. Lenovo Group's overall GF Score™ is 51/100 with 9 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 Lenovo Group (MEX:992N), the current Debt-to-EBITDA is 4.26 as of Jun. 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 Lenovo Group (MEX:992N) Overvalued in 2026?
Based on GuruFocus' analysis, Lenovo Group stock appears to be overvalued.
The current stock price of MXN50.86 is trading 59.4% above its estimated GF Value™ of MXN31.90.
GuruFocus considers Lenovo Group to be Significantly Overvalued.
Key valuation signals for MEX:992N:
Debt-to-EBITDA: 4.26 (165% above median its 10-year median of 1.61)
GF Value™: MXN31.90 vs. price of MXN50.86 (59.4% above fair value)
Industry Position: 150.6% above the Hardware median (#931 of 1793)
No single metric tells the full story. See the MEX:992N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lenovo is a global technology hardware company with a leading market share in personal computers. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 23% of overall sales in fiscal 2025, from 6% in 2015.
51GF Score
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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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