NAPRF (Naspers) Debt-to-EBITDA : 1.41 (As of Mar. 2026) — 22% Above Median


NAPRF Naspers Ltd NAPRF
79 GF Score
Price $52.01
GF Value $84.06
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Naspers Debt-to-EBITDA?

Naspers NAPRF -1.44% 79 Debt-to-EBITDA is 1.41 as of Mar. 2026, which is 22% above its 10-year median of 1.16. GuruFocus rates NAPRF with a GF Score™ of 79/100 and a GF Value™ of $84.06 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 896 Retail - Cyclical companies, Naspers ranks better than 68.3% on this metric.

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

Naspers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2,052 Mil. Naspers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $15,988 Mil. Naspers's annualized EBITDA for the quarter that ended in Mar. 2026 was $12,812 Mil. Naspers's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.41.

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

NAPRF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.4   Med: 1.16   Max: 2.12
Current: 1.43

During the past 13 years, the highest Debt-to-EBITDA Ratio of Naspers was 2.12. The lowest was 0.40. And the median was 1.16.

NAPRF's Debt-to-EBITDA is ranked better than
68.3% of 896 companies
in the Retail - Cyclical industry
Industry Median: 2.405 vs NAPRF: 1.43

Naspers  (OTCPK:NAPRF) 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.


Naspers Debt-to-EBITDA Related Terms


Naspers Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Naspers'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.

Naspers Debt-to-EBITDA Chart

Naspers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 1.57 2.12 1.26 1.39

Naspers Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 2.27 1.69 1.03 1.52 1.41

NAPRF vs AMZN, BABA, PDD: Debt-to-EBITDA Comparison

For the Internet Retail subindustry, Naspers'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.


Naspers Debt-to-EBITDA vs Retail - Cyclical Industry

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

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


NAPRF
79GF Score
Naspers Ltd NAPRF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Naspers Debt-to-EBITDA Calculation

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

Naspers's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2052 + 15988) / 12965
=1.39

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2052 + 15988) / 12812
=1.41

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.41 mean?
Naspers (NAPRF) has a Debt-to-EBITDA of 1.41 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 Naspers. This is 22% above median its historical median of 1.16. Over the past decade, Naspers' Debt-to-EBITDA has ranged from 0.40 to 2.12. According to the industry distribution chart, Naspers ranks #284 out of 896 companies in the Retail - Cyclical industry, placing it in the top 31.7%.
Is Naspers' Debt-to-EBITDA too high?
Naspers' current Debt-to-EBITDA of 1.41 is 22% above median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 2.12. The Retail - Cyclical industry median Debt-to-EBITDA is 2.41. Naspers' value of 1.41 is 41.4% below this industry median. Based on the distribution chart, Naspers ranks #284 out of 896 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Naspers has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Naspers' Debt-to-EBITDA compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Naspers ranks #284 out of 896 companies for Debt-to-EBITDA. This puts Naspers in the upper half of its industry. The industry median Debt-to-EBITDA is 2.41. Naspers' value of 1.41 is 41.4% below this benchmark. Historically, Naspers' own Debt-to-EBITDA has ranged from 0.40 to 2.12 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 2.41, Naspers 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 Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.41, based on 896 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. Naspers's current Debt-to-EBITDA of 1.41 is 41.4% 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 Naspers. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naspers's current Debt-to-EBITDA is 1.41, which is 22% above median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naspers stock overvalued right now?
Based on GuruFocus' analysis, Naspers (NAPRF) is currently considered Significantly Undervalued. The stock's GF Value™ is $84.06, compared to a current price of $52.01 — trading 38.1% below its estimated fair value. The current Debt-to-EBITDA is 1.41, which is 22% above median its 10-year median of 1.16 and 41.4% below the Retail - Cyclical industry median of 2.41. Naspers' overall GF Score™ is 79/100 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 Naspers (NAPRF), the current Debt-to-EBITDA is 1.41 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 Naspers (NAPRF) Overvalued in 2026?

Based on GuruFocus' analysis, Naspers stock appears to be undervalued. The current stock price of $52.01 is trading 38.1% below its estimated GF Value™ of $84.06. GuruFocus considers Naspers to be Significantly Undervalued.

Key valuation signals for NAPRF:

  • Debt-to-EBITDA: 1.41 (22% above median its 10-year median of 1.16)
  • GF Value™: $84.06 vs. price of $52.01 (38.1% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 41.4% below the Retail - Cyclical median (#284 of 896)

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


Naspers Business Description

Address 40 Heerengracht, Cape Town, WC, ZAF, 8001
Naspers Ltd is an Internet and entertainment group and technology investor in the world. Operating in more than 120 countries and markets with long-term growth potential, Naspers builds companies that empower people and enrich communities. It runs some of the platforms in the internet, video entertainment, and media. Naspers operates in various sectors including online classifieds, food delivery, payments, travel, education, health, and social and internet platforms. People use products and services of companies that Naspers has invested in, acquired, or built, including Azos, PharmEasy, ElasticRun, Alwans, and Vegrow among others. Geographically, the company derives maximum revenue from Europe and the rest from Asia, Africa, Latin America, North America, and other regions.
79GF Score

Get the complete analysis for NAPRF

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

$52.01
Price
$84.06
GF Value