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.
Krispy KremeMEX:DNUT -1.06%42 Debt-to-EBITDA is 11.12 as of Mar. 2026, which is 23% above its 10-year median of 9.07. GuruFocus rates MEX:DNUT with a GF Score™ of 42/100 and a GF Value™ of MXN150.62 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 254 Retail - Defensive companies, Krispy Kreme ranks worse than 393700.39% 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 Krispy Kreme's Debt-to-EBITDA or its related term are showing as below:
MEX:DNUT'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.17 Med: 9.07 Max: 18.58
Current: -3.9
During the past 8 years, the highest Debt-to-EBITDA Ratio of Krispy Kreme was 18.58. The lowest was -4.17. And the median was 9.07.
MEX:DNUT's Debt-to-EBITDA is ranked worse than 100% of 254
companies
in the Retail - Defensive industry
Industry Median: 2.215
vs MEX:DNUT: -3.90
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.
Krispy Kreme Debt-to-EBITDA Related Terms
Krispy Kreme Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Krispy Kreme'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:DNUT vs YSWY, VLGEA, NGVC: Debt-to-EBITDA Comparison
For the Grocery Stores subindustry, Krispy Kreme'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.
Krispy Kreme Debt-to-EBITDA vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Krispy Kreme's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Krispy Kreme'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.
Krispy Kreme (MEX:DNUT) has a Debt-to-EBITDA of 11.12 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 Krispy Kreme. This is 23% above median its historical median of 9.07. According to the industry distribution chart, Krispy Kreme ranks #999999 out of 254 companies in the Retail - Defensive industry.
Is Krispy Kreme's Debt-to-EBITDA too high?
Krispy Kreme's current Debt-to-EBITDA of 11.12 is 23% above median its 10-year median of 9.07. The Retail - Defensive industry median Debt-to-EBITDA is 2.22. Krispy Kreme's value of 11.12 is 402% above this industry median. Based on the distribution chart, Krispy Kreme ranks #999999 out of 254 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Krispy Kreme has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Krispy Kreme's Debt-to-EBITDA compare to YSWY and VLGEA?
According to the Retail - Defensive industry distribution chart, Krispy Kreme ranks #999999 out of 254 companies for Debt-to-EBITDA. This places Krispy Kreme in the lower half of its industry. The industry median Debt-to-EBITDA is 2.22. Krispy Kreme's value of 11.12 is 402% above this benchmark. While the company's 10-year median is 9.07 vs. the industry median of 2.22, Krispy Kreme 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 254 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. Krispy Kreme's current Debt-to-EBITDA of 11.12 is 402% 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 Krispy Kreme. 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. Krispy Kreme's current Debt-to-EBITDA is 11.12, which is 23% above median its own 10-year median of 9.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krispy Kreme stock overvalued right now?
Based on GuruFocus' analysis, Krispy Kreme (MEX:DNUT) is currently considered Possible Value Trap. The stock's GF Value™ is MXN150.62, compared to a current price of MXN55.30 — trading 63.3% below its estimated fair value. The current Debt-to-EBITDA is 11.12, which is 23% above median its 10-year median of 9.07 and 402% above the Retail - Defensive industry median of 2.22. Krispy Kreme's overall GF Score™ is 42/100 with 3 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 Krispy Kreme (MEX:DNUT), the current Debt-to-EBITDA is 11.12 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 Krispy Kreme (MEX:DNUT) Overvalued in 2026?
Based on GuruFocus' analysis, Krispy Kreme stock appears to be undervalued.
The current stock price of MXN55.30 is trading 63.3% below its estimated GF Value™ of MXN150.62.
GuruFocus considers Krispy Kreme to be Possible Value Trap.
Key valuation signals for MEX:DNUT:
Debt-to-EBITDA: 11.12 (23% above median its 10-year median of 9.07)
GF Value™: MXN150.62 vs. price of MXN55.30 (63.3% below fair value)
Industry Position: 402% above the Retail - Defensive median (#999999 of 254)
No single metric tells the full story. See the MEX:DNUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Krispy Kreme Inc is a sweet-treat brand company. The company's Original Glazed doughnut is recognized for its hot-off-the-line, melt-in-mouth experience. It operates through its network of fresh Doughnut Shops, partnerships with retailers, and a growing e-commerce and delivery business. The company conducts its business through the following three reported segments: U.S., which includes all operations in the United States; International, which includes operations in the U.K., Ireland, Australia, New Zealand, Canada, Japan, and Mexico; and Market Development, which includes franchise operations world-wide. It derives maximum revenue from the U.S. segment.
42GF Score
Get the complete analysis for MEX:DNUT
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
MEX:DNUT has been successfully added to your 
