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MeituanMPNGF -3.62%64 Debt-to-EBITDA is -4.35 as of Mar. 2026. GuruFocus rates MPNGF with a GF Score™ of 64/100 and a GF Value™ of $20.00 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 902 Retail - Cyclical companies, Meituan ranks worse than 110864.63% 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 Meituan's Debt-to-EBITDA or its related term are showing as below:
MPNGF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.79 Med: 0.71 Max: 12.74
Current: -2.86
During the past 11 years, the highest Debt-to-EBITDA Ratio of Meituan was 12.74. The lowest was -6.79. And the median was 0.71.
MPNGF's Debt-to-EBITDA is ranked worse than 100% of 902
companies
in the Retail - Cyclical industry
Industry Median: 2.4
vs MPNGF: -2.86
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.
Meituan Debt-to-EBITDA Related Terms
Meituan Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Meituan'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.
MPNGF vs AMZN, BABA, PDD: Debt-to-EBITDA Comparison
For the Internet Retail subindustry, Meituan'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.
Meituan Debt-to-EBITDA vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Meituan's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Meituan'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.
Meituan (MPNGF) has a Debt-to-EBITDA of -4.35 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 Meituan. According to the industry distribution chart, Meituan ranks #999999 out of 902 companies in the Retail - Cyclical industry.
Is Meituan's Debt-to-EBITDA too high?
Meituan's current Debt-to-EBITDA is -4.35. Based on the distribution chart, Meituan ranks #999999 out of 902 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Meituan has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meituan's Debt-to-EBITDA compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Meituan ranks #999999 out of 902 companies for Debt-to-EBITDA. This places Meituan in the lower half of its industry. The industry median Debt-to-EBITDA is 2.40. 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 - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.40, based on 902 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. 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 Meituan. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meituan's current Debt-to-EBITDA is -4.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meituan stock overvalued right now?
Based on GuruFocus' analysis, Meituan (MPNGF) is currently considered Possible Value Trap. The stock's GF Value™ is $20.00, compared to a current price of $10.60 — trading 47% below its estimated fair value. The current Debt-to-EBITDA is -4.35. Meituan's overall GF Score™ is 64/100 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 Meituan (MPNGF), the current Debt-to-EBITDA is -4.35 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 Meituan (MPNGF) Overvalued in 2026?
Based on GuruFocus' analysis, Meituan stock appears to be undervalued.
The current stock price of $10.60 is trading 47% below its estimated GF Value™ of $20.00.
GuruFocus considers Meituan to be Possible Value Trap.
Key valuation signals for MPNGF:
Debt-to-EBITDA: -4.35
GF Value™: $20.00 vs. price of $10.60 (47% below fair value)
No single metric tells the full story. See the MPNGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Despite intense competition, Meituan remains the largest food delivery platform in China as of April 2026, according to our estimates. In 2025, the firm generated 72% of its revenue from the core local commerce segment, which includes on-demand food delivery and retail, in-store services (such as visiting beauty and entertainment stores after purchasing deals on Meituan), and hotel and travel booking. The remaining revenue came from the new initiatives segment, such as the community group purchase business Meituan Select and the overseas food delivery business.
64GF Score
Get the complete analysis for MPNGF
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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