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H & M Hennes & Mauritz ABMIL:1HMB 51 Debt-to-EBITDA is 1.29 as of May. 2026, which is 30% below its 10-year median of 1.83. GuruFocus rates MIL:1HMB with a GF Score™ of 51/100 and a GF Value™ of €14.59 (Fairly Valued). The stock has 5 warning signs investors should review. Among 815 Manufacturing - Apparel & Accessories companies, H & M Hennes & Mauritz AB ranks better than 67.36% 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 H & M Hennes & Mauritz AB's Debt-to-EBITDA or its related term are showing as below:
MIL:1HMB'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.07 Med: 1.83 Max: 2.73
Current: 1.44
During the past 13 years, the highest Debt-to-EBITDA Ratio of H & M Hennes & Mauritz AB was 2.73. The lowest was 0.07. And the median was 1.83.
MIL:1HMB's Debt-to-EBITDA is ranked better than 67.36% of 815
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.75
vs MIL:1HMB: 1.44
H & M Hennes & Mauritz AB (MIL:1HMB) Debt-to-EBITDA Explanation
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.
H & M Hennes & Mauritz AB Debt-to-EBITDA Related Terms
H & M Hennes & Mauritz AB Debt-to-EBITDA Historical Data
* 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.
MIL:1HMB vs RL, LEVI, VFC: Debt-to-EBITDA Comparison
For the Apparel Manufacturing subindustry, H & M Hennes & Mauritz AB'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.
H & M Hennes & Mauritz AB Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, H & M Hennes & Mauritz AB's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where H & M Hennes & Mauritz AB'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 (May. 2026) EBITDA data.
H & M Hennes & Mauritz AB (MIL:1HMB) has a Debt-to-EBITDA of 1.29 as of May. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on H & M Hennes & Mauritz AB. This is 30% below median its historical median of 1.83. Over the past decade, H & M Hennes & Mauritz AB's Debt-to-EBITDA has ranged from 0.07 to 2.73. According to the industry distribution chart, H & M Hennes & Mauritz AB ranks #266 out of 815 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 32.6%.
Is H & M Hennes & Mauritz AB's Debt-to-EBITDA too high?
H & M Hennes & Mauritz AB's current Debt-to-EBITDA of 1.29 is 30% below median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 2.73. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.75. H & M Hennes & Mauritz AB's value of 1.29 is 53.1% below this industry median. Based on the distribution chart, H & M Hennes & Mauritz AB ranks #266 out of 815 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, H & M Hennes & Mauritz AB has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does H & M Hennes & Mauritz AB's Debt-to-EBITDA compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, H & M Hennes & Mauritz AB ranks #266 out of 815 companies for Debt-to-EBITDA. This puts H & M Hennes & Mauritz AB in the upper half of its industry. The industry median Debt-to-EBITDA is 2.75. H & M Hennes & Mauritz AB's value of 1.29 is 53.1% below this benchmark. Historically, H & M Hennes & Mauritz AB's own Debt-to-EBITDA has ranged from 0.07 to 2.73 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 2.75, H & M Hennes & Mauritz AB has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.75, based on 815 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. H & M Hennes & Mauritz AB's current Debt-to-EBITDA of 1.29 is 53.1% below 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 H & M Hennes & Mauritz AB. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H & M Hennes & Mauritz AB's current Debt-to-EBITDA is 1.29, which is 30% below median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H & M Hennes & Mauritz AB stock overvalued right now?
Based on GuruFocus' analysis, H & M Hennes & Mauritz AB (MIL:1HMB) is currently considered Fairly Valued. The stock's GF Value™ is €14.59, compared to a current price of €14.22 — trading 2.5% below its estimated fair value. The current Debt-to-EBITDA is 1.29, which is 30% below median its 10-year median of 1.83 and 53.1% below the Manufacturing - Apparel & Accessories industry median of 2.75. H & M Hennes & Mauritz AB's overall GF Score™ is 51/100 with 5 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 H & M Hennes & Mauritz AB (MIL:1HMB), the current Debt-to-EBITDA is 1.29 as of May. 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 H & M Hennes & Mauritz AB (MIL:1HMB) Overvalued in 2026?
Based on GuruFocus' analysis, H & M Hennes & Mauritz AB stock appears to be undervalued.
The current stock price of €14.22 is trading 2.5% below its estimated GF Value™ of €14.59.
GuruFocus considers H & M Hennes & Mauritz AB to be Fairly Valued.
Key valuation signals for MIL:1HMB:
Debt-to-EBITDA: 1.29 (30% below median its 10-year median of 1.83)
GF Value™: €14.59 vs. price of €14.22 (2.5% below fair value)
Industry Position: 53.1% below the Manufacturing - Apparel & Accessories median (#266 of 815)
No single metric tells the full story. See the MIL:1HMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The H&M Group is a global multi-brand fashion conglomerate founded in 1947. Its flagship brand, H&M, generates the majority of the group's revenue, while ARKET, COS, and the secondhand platform Sellpy represent key sources of future growth. Geographically, 34% of group revenues are generated in Western Europe, followed by North and South America at 23%, and both Southern Europe and Asia, Oceania, and Africa at 13% each. The Nordic region accounts for approximately 9% of total sales.The company operates 4,101 stores (3,660 attributable to H&M brand) across 81 markets worldwide, the majority of which are leased. Online sales contributed slightly above 30% of total group revenue in financial 2025 .
51GF Score
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