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Le Merite ExportsNSE:LEMERITE +2.30%63 Debt-to-EBITDA is 7.49 as of Mar. 2026, which is 41% above its 10-year median of 5.33. GuruFocus rates NSE:LEMERITE with a GF Score™ of 63/100 and a GF Value™ of ₹33.83 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 816 Manufacturing - Apparel & Accessories companies, Le Merite Exports ranks worse than 90.32% 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 Le Merite Exports's Debt-to-EBITDA or its related term are showing as below:
NSE:LEMERITE'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.13 Med: 5.33 Max: 12.07
Current: 12.07
During the past 8 years, the highest Debt-to-EBITDA Ratio of Le Merite Exports was 12.07. The lowest was 3.13. And the median was 5.33.
NSE:LEMERITE's Debt-to-EBITDA is ranked worse than 90.32% of 816
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.705
vs NSE:LEMERITE: 12.07
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.
Le Merite Exports Debt-to-EBITDA Related Terms
Le Merite Exports Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Le Merite Exports'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.
Le Merite Exports Debt-to-EBITDA Competitor Comparison
For the Textile Manufacturing subindustry, Le Merite Exports'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.
Le Merite Exports Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Le Merite Exports's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Le Merite Exports'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.
Le Merite Exports (NSE:LEMERITE) has a Debt-to-EBITDA of 7.49 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 Le Merite Exports. This is 41% above median its historical median of 5.33. Over the past decade, Le Merite Exports' Debt-to-EBITDA has ranged from 3.13 to 12.07. According to the industry distribution chart, Le Merite Exports ranks #737 out of 816 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 90.3%.
Is Le Merite Exports' Debt-to-EBITDA too high?
Le Merite Exports' current Debt-to-EBITDA of 7.49 is 41% above median its 10-year median of 5.33. Over the past 10 years, this metric has ranged from a low of 3.13 to a high of 12.07. The Manufacturing - Apparel & Accessories industry median Debt-to-EBITDA is 2.71. Le Merite Exports' value of 7.49 is 176.9% above this industry median. Based on the distribution chart, Le Merite Exports ranks #737 out of 816 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Le Merite Exports has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Le Merite Exports' Debt-to-EBITDA compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Le Merite Exports ranks #737 out of 816 companies for Debt-to-EBITDA. This places Le Merite Exports in the lower half of its industry. The industry median Debt-to-EBITDA is 2.71. Le Merite Exports' value of 7.49 is 176.9% above this benchmark. Historically, Le Merite Exports' own Debt-to-EBITDA has ranged from 3.13 to 12.07 over the past decade. While the company's 10-year median is 5.33 vs. the industry median of 2.71, Le Merite Exports has consistently been above 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 2.71, based on 816 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. Le Merite Exports's current Debt-to-EBITDA of 7.49 is 176.9% above 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 Le Merite Exports. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Le Merite Exports's current Debt-to-EBITDA is 7.49, which is 41% above median its own 10-year median of 5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Le Merite Exports stock overvalued right now?
Based on GuruFocus' analysis, Le Merite Exports (NSE:LEMERITE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹33.83, compared to a current price of ₹23.54 — trading 30.4% below its estimated fair value. The current Debt-to-EBITDA is 7.49, which is 41% above median its 10-year median of 5.33 and 176.9% above the Manufacturing - Apparel & Accessories industry median of 2.71. Le Merite Exports' overall GF Score™ is 63/100 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 Le Merite Exports (NSE:LEMERITE), the current Debt-to-EBITDA is 7.49 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 Le Merite Exports (NSE:LEMERITE) Overvalued in 2026?
Based on GuruFocus' analysis, Le Merite Exports stock appears to be undervalued.
The current stock price of ₹23.54 is trading 30.4% below its estimated GF Value™ of ₹33.83.
GuruFocus considers Le Merite Exports to be Significantly Undervalued.
Key valuation signals for NSE:LEMERITE:
Debt-to-EBITDA: 7.49 (41% above median its 10-year median of 5.33)
GF Value™: ₹33.83 vs. price of ₹23.54 (30.4% below fair value)
Industry Position: 176.9% above the Manufacturing - Apparel & Accessories median (#737 of 816)
No single metric tells the full story. See the NSE:LEMERITE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Le Merite Exports Ltd is engaged in the manufacturing and trading of textile products namely cotton yarn, greige fabric, and finished fabric for domestic and export sales. The reportable segment for the Company is textile business.
63GF Score
Get the complete analysis for NSE:LEMERITE
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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