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.
Naas TechnologyNAAS -3.19%35 Debt-to-EBITDA is -0.60 as of Dec. 2025. GuruFocus rates NAAS with a GF Score™ of 35/100 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 898 Retail - Cyclical companies, Naas Technology ranks worse than 111358.46% 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 Naas Technology's Debt-to-EBITDA or its related term are showing as below:
NAAS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.51 Med: -0.55 Max: -0.08
Current: -1.49
During the past 6 years, the highest Debt-to-EBITDA Ratio of Naas Technology was -0.08. The lowest was -1.51. And the median was -0.55.
NAAS's Debt-to-EBITDA is ranked worse than 100% of 898
companies
in the Retail - Cyclical industry
Industry Median: 2.395
vs NAAS: -1.49
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.
Naas Technology Debt-to-EBITDA Related Terms
Naas Technology Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Naas Technology'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.
NAAS vs PTLE, SPWH, NPT: Debt-to-EBITDA Comparison
For the Specialty Retail subindustry, Naas Technology'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.
Naas Technology Debt-to-EBITDA vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Naas Technology's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Naas Technology'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 two times the quarterly (Dec. 2025) EBITDA data.
Naas Technology (NAAS) has a Debt-to-EBITDA of -0.60 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Naas Technology. According to the industry distribution chart, Naas Technology ranks #999999 out of 898 companies in the Retail - Cyclical industry.
Is Naas Technology's Debt-to-EBITDA too high?
Naas Technology's current Debt-to-EBITDA is -0.60. Based on the distribution chart, Naas Technology ranks #999999 out of 898 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Naas Technology has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Naas Technology's Debt-to-EBITDA compare to PTLE and SPWH?
According to the Retail - Cyclical industry distribution chart, Naas Technology ranks #999999 out of 898 companies for Debt-to-EBITDA. This places Naas Technology 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 898 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 Naas Technology. 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. Naas Technology's current Debt-to-EBITDA is -0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naas Technology stock overvalued right now?
Based on GuruFocus' analysis, Naas Technology (NAAS) is currently considered Possible Value Trap. The current Debt-to-EBITDA is -0.60. Naas Technology's overall GF Score™ is 35/100 with 7 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 Naas Technology (NAAS), the current Debt-to-EBITDA is -0.60 as of Dec. 2025. 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.
Naas Technology Inc is an electric vehicle charging service provider in China, whose vision is to power the world with carbon-neutral energy. It offers an integrated set of online solutions to charging station operators, a wide range of offline services that simplify the daily operations of charging station operators, and non-charging services such as food and beverage services to station operators.
35GF Score
Get the complete analysis for NAAS
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
NAAS has been successfully added to your 
