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Noah HoldingsNOAH +0.71%73 Debt-to-EBITDA is 0.06 as of Mar. 2026, which is 63% below its 10-year median of 0.16. GuruFocus rates NOAH with a GF Score™ of 73/100 and a GF Value™ of $11.25 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 386 Asset Management companies, Noah Holdings ranks better than 86.79% 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 Noah Holdings's Debt-to-EBITDA or its related term are showing as below:
NOAH'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.07 Med: 0.16 Max: 1.38
Current: 0.07
During the past 13 years, the highest Debt-to-EBITDA Ratio of Noah Holdings was 1.38. The lowest was 0.07. And the median was 0.16.
NOAH's Debt-to-EBITDA is ranked better than 86.79% of 386
companies
in the Asset Management industry
Industry Median: 1.43
vs NOAH: 0.07
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.
Noah Holdings Debt-to-EBITDA Related Terms
Noah Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Noah Holdings'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.
For the Asset Management subindustry, Noah Holdings'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.
Noah Holdings Debt-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Noah Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Noah Holdings'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.
Noah Holdings (NOAH) has a Debt-to-EBITDA of 0.06 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 Noah Holdings. This is 63% below median its historical median of 0.16. Over the past decade, Noah Holdings' Debt-to-EBITDA has ranged from 0.07 to 1.38. According to the industry distribution chart, Noah Holdings ranks #51 out of 386 companies in the Asset Management industry, placing it in the top 13.2%.
Is Noah Holdings' Debt-to-EBITDA too high?
Noah Holdings' current Debt-to-EBITDA of 0.06 is 63% below median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 1.38. The Asset Management industry median Debt-to-EBITDA is 1.43. Noah Holdings' value of 0.06 is 95.8% below this industry median. Based on the distribution chart, Noah Holdings ranks #51 out of 386 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Noah Holdings has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Noah Holdings' Debt-to-EBITDA compare to FAX and DSU?
According to the Asset Management industry distribution chart, Noah Holdings ranks #51 out of 386 companies for Debt-to-EBITDA. This places Noah Holdings in the top 13% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.43. Noah Holdings' value of 0.06 is 95.8% below this benchmark. Historically, Noah Holdings' own Debt-to-EBITDA has ranged from 0.07 to 1.38 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 1.43, Noah Holdings 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 an Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.43, based on 386 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. Noah Holdings's current Debt-to-EBITDA of 0.06 is 95.8% 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 Noah Holdings. For the Asset Management industry, the median Debt-to-EBITDA is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noah Holdings's current Debt-to-EBITDA is 0.06, which is 63% below median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noah Holdings stock overvalued right now?
Based on GuruFocus' analysis, Noah Holdings (NOAH) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.25, compared to a current price of $8.51 — trading 24.4% below its estimated fair value. The current Debt-to-EBITDA is 0.06, which is 63% below median its 10-year median of 0.16 and 95.8% below the Asset Management industry median of 1.43. Noah Holdings' overall GF Score™ is 73/100 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 Noah Holdings (NOAH), the current Debt-to-EBITDA is 0.06 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 Noah Holdings (NOAH) Overvalued in 2026?
Based on GuruFocus' analysis, Noah Holdings stock appears to be undervalued.
The current stock price of $8.51 is trading 24.4% below its estimated GF Value™ of $11.25.
GuruFocus considers Noah Holdings to be Modestly Undervalued.
Key valuation signals for NOAH:
Debt-to-EBITDA: 0.06 (63% below median its 10-year median of 0.16)
GF Value™: $11.25 vs. price of $8.51 (24.4% below fair value)
Industry Position: 95.8% below the Asset Management median (#51 of 386)
No single metric tells the full story. See the NOAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Noah Holdings Ltd is a wealth management service provider offering comprehensive advisory services on investment and asset allocation, mainly for Mandarin-speaking high-net-worth (HNW) investors. The company's operating segments are Domestic public securities, Domestic asset management, Domestic insurance, Overseas wealth management, Overseas asset management, Overseas insurance and comprehensive services, and Headquarters. Maximum revenue is generated from its Domestic asset management business, which manages private equity funds, real estate equity funds, and private secondary products. The domestic asset management operations focus on managing primary market exits and cross-border ETF products in the secondary market. Geographically, it derives maximum revenue from Mainland China.
73GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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