Carrefour (MEX:CA) Debt-to-EBITDA : 4.79 (As of Jun. 2026) — 65% Above Median

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MEX:CA Carrefour MEX:CA
78 GF Score
Price MXN305.44
GF Value MXN283.53
! 12 Warning Signs
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What is Carrefour Debt-to-EBITDA?

Carrefour MEX:CA 78 Debt-to-EBITDA is 4.79 as of Jun. 2026, which is 65% above its 10-year median of 2.91. GuruFocus rates MEX:CA with a GF Score™ of 78/100 and a GF Value™ of MXN283.53. The stock has 12 warning signs investors should review. Among 255 Retail - Defensive companies, Carrefour ranks worse than 70.2% on this metric.

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

Carrefour's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was MXN89,115 Mil. Carrefour's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was MXN233,752 Mil. Carrefour's annualized EBITDA for the quarter that ended in Jun. 2026 was MXN67,424 Mil. Carrefour's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 4.79.

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

MEX:CA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.13   Med: 2.91   Max: 3.66
Current: 3.55

During the past 13 years, the highest Debt-to-EBITDA Ratio of Carrefour was 3.66. The lowest was 1.13. And the median was 2.91.

MEX:CA's Debt-to-EBITDA is ranked worse than
70.2% of 255 companies
in the Retail - Defensive industry
Industry Median: 2.22 vs MEX:CA: 3.55

Carrefour  (MEX:CA) 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.


Carrefour Debt-to-EBITDA Related Terms


Carrefour Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Carrefour'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.

Carrefour Debt-to-EBITDA Chart

Carrefour Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.87 2.94 1.13 1.16 1.13

Carrefour Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 4.40 0.97 4.75 0.93 4.79

MEX:CA vs KR, SFM, ACI: Debt-to-EBITDA Comparison

For the Grocery Stores subindustry, Carrefour'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.


Carrefour Debt-to-EBITDA vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Carrefour's Debt-to-EBITDA distribution charts can be found below:

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


MEX:CA
78GF Score
Carrefour MEX:CA
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carrefour Debt-to-EBITDA Calculation

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

Carrefour's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(20852.034 + 90028.5) / 98504.251
=1.13

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(89114.536 + 233752.272) / 67423.9
=4.79

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.79 mean?
Carrefour (MEX:CA) has a Debt-to-EBITDA of 4.79 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 Carrefour. This is 65% above median its historical median of 2.91. Over the past decade, Carrefour's Debt-to-EBITDA has ranged from 1.13 to 3.66. According to the industry distribution chart, Carrefour ranks #179 out of 255 companies in the Retail - Defensive industry, placing it in the top 70.2%.
Is Carrefour's Debt-to-EBITDA too high?
Carrefour's current Debt-to-EBITDA of 4.79 is 65% above median its 10-year median of 2.91. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 3.66. The Retail - Defensive industry median Debt-to-EBITDA is 2.22. Carrefour's value of 4.79 is 115.8% above this industry median. Based on the distribution chart, Carrefour ranks #179 out of 255 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Carrefour has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Carrefour's Debt-to-EBITDA compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Carrefour ranks #179 out of 255 companies for Debt-to-EBITDA. This places Carrefour in the lower half of its industry. The industry median Debt-to-EBITDA is 2.22. Carrefour's value of 4.79 is 115.8% above this benchmark. Historically, Carrefour's own Debt-to-EBITDA has ranged from 1.13 to 3.66 over the past decade. While the company's 10-year median is 2.91 vs. the industry median of 2.22, Carrefour 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 Retail - Defensive company?
The median Debt-to-EBITDA among Retail - Defensive companies is 2.22, based on 255 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. Carrefour's current Debt-to-EBITDA of 4.79 is 115.8% 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 Carrefour. For the Retail - Defensive industry, the median Debt-to-EBITDA is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carrefour's current Debt-to-EBITDA is 4.79, which is 65% above median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carrefour stock overvalued right now?
Carrefour (MEX:CA) has a current Debt-to-EBITDA of 4.79. The stock's GF Value™ is MXN283.53, compared to a current price of MXN305.44 — trading 7.7% above its estimated fair value. The current Debt-to-EBITDA is 4.79, which is 65% above median its 10-year median of 2.91 and 115.8% above the Retail - Defensive industry median of 2.22. Carrefour's overall GF Score™ is 78/100 with 12 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 Carrefour (MEX:CA), the current Debt-to-EBITDA is 4.79 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 Carrefour (MEX:CA) Overvalued in 2026?

Based on GuruFocus' analysis, Carrefour stock appears to be overvalued. The current stock price of MXN305.44 is trading 7.7% above its estimated GF Value™ of MXN283.53.

Key valuation signals for MEX:CA:

  • Debt-to-EBITDA: 4.79 (65% above median its 10-year median of 2.91)
  • GF Value™: MXN283.53 vs. price of MXN305.44 (7.7% above fair value)
  • GF Score™: 78/100 with 12 warning signs
  • Industry Position: 115.8% above the Retail - Defensive median (#179 of 255)

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


Carrefour Business Description

Address 93, Avenue de Paris, Massy Cedex, Paris, FRA, 91300
Founded in 1959, Carrefour is a multiformat retailer with operations in over 40 countries. Approximately 75% of sales stem from Europe and the rest from Latin America. In France, where Carrefour generates nearly 50% of its total revenue, the firm has a grocery market share of 22%, behind market leader E.Leclerc (24%), according to Kantar. Carrefour operates over 15,000 stores in hypermarket, supermarket, convenience store, and discount store formats. In 2024, Carrefour completed the acquisition of the Cora and Match banners from Louis Delhaize group for an enterprise value of EUR 1.05 billion.
78GF Score

Get the complete analysis for MEX:CA

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

MXN305.44
Price
MXN283.53
GF Value