Matvareexpressen AS (OSL:MVE) Debt-to-EBITDA : 2.63 (As of Mar. 2026) — 26% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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OSL:MVE Matvareexpressen AS OSL:MVE
26 GF Score
Price kr262.00
GF Value kr139.61
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Matvareexpressen AS Debt-to-EBITDA?

Matvareexpressen AS OSL:MVE 26 Debt-to-EBITDA is 2.63 as of Mar. 2026, which is 26% above its 10-year median of 2.09. GuruFocus rates OSL:MVE with a GF Score™ of 26/100 and a GF Value™ of kr139.61 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 910 Retail - Cyclical companies, Matvareexpressen AS ranks worse than 60.55% on this metric.

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

Matvareexpressen AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr25.2 Mil. Matvareexpressen AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr52.4 Mil. Matvareexpressen AS's annualized EBITDA for the quarter that ended in Mar. 2026 was kr29.5 Mil. Matvareexpressen AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.63.

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

OSL:MVE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -27.76   Med: 2.09   Max: 5.25
Current: 3.04

During the past 5 years, the highest Debt-to-EBITDA Ratio of Matvareexpressen AS was 5.25. The lowest was -27.76. And the median was 2.09.

OSL:MVE's Debt-to-EBITDA is ranked worse than
60.55% of 910 companies
in the Retail - Cyclical industry
Industry Median: 2.35 vs OSL:MVE: 3.04

Matvareexpressen AS  (OSL:MVE) 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.


Matvareexpressen AS Debt-to-EBITDA Related Terms


Matvareexpressen AS Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Matvareexpressen AS'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.

Matvareexpressen AS Debt-to-EBITDA Chart

Matvareexpressen AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
-27.76 5.25 2.81 2.09 1.24

Matvareexpressen AS Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 2.48 2.28 7.55 1.33 2.63

OSL:MVE vs AMZN, BABA, PDD: Debt-to-EBITDA Comparison

For the Internet Retail subindustry, Matvareexpressen AS'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.


Matvareexpressen AS Debt-to-EBITDA vs Retail - Cyclical Industry

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

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


OSL:MVE
26GF Score
Matvareexpressen AS OSL:MVE
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Matvareexpressen AS Debt-to-EBITDA Calculation

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

Matvareexpressen AS's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(26.638 + 6.784) / 26.856
=1.24

Matvareexpressen AS'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
=(25.172 + 52.377) / 29.46
=2.63

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.63 mean?
Matvareexpressen AS (OSL:MVE) has a Debt-to-EBITDA of 2.63 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 Matvareexpressen AS. This is 26% above median its historical median of 2.09. According to the industry distribution chart, Matvareexpressen AS ranks #551 out of 910 companies in the Retail - Cyclical industry, placing it in the top 60.5%.
Is Matvareexpressen AS's Debt-to-EBITDA too high?
Matvareexpressen AS's current Debt-to-EBITDA of 2.63 is 26% above median its 10-year median of 2.09. The Retail - Cyclical industry median Debt-to-EBITDA is 2.35. Matvareexpressen AS's value of 2.63 is 11.9% above this industry median. Based on the distribution chart, Matvareexpressen AS ranks #551 out of 910 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Matvareexpressen AS has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Matvareexpressen AS's Debt-to-EBITDA compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Matvareexpressen AS ranks #551 out of 910 companies for Debt-to-EBITDA. This places Matvareexpressen AS in the lower half of its industry. The industry median Debt-to-EBITDA is 2.35. Matvareexpressen AS's value of 2.63 is 11.9% above this benchmark. While the company's 10-year median is 2.09 vs. the industry median of 2.35, Matvareexpressen AS 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 Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.35, based on 910 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. Matvareexpressen AS's current Debt-to-EBITDA of 2.63 is 11.9% 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 Matvareexpressen AS. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matvareexpressen AS's current Debt-to-EBITDA is 2.63, which is 26% above median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matvareexpressen AS stock overvalued right now?
Based on GuruFocus' analysis, Matvareexpressen AS (OSL:MVE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr139.61, compared to a current price of kr262.00 — trading 87.7% above its estimated fair value. The current Debt-to-EBITDA is 2.63, which is 26% above median its 10-year median of 2.09 and 11.9% above the Retail - Cyclical industry median of 2.35. Matvareexpressen AS's overall GF Score™ is 26/100 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 Matvareexpressen AS (OSL:MVE), the current Debt-to-EBITDA is 2.63 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 Matvareexpressen AS (OSL:MVE) Overvalued in 2026?

Based on GuruFocus' analysis, Matvareexpressen AS stock appears to be overvalued. The current stock price of kr262.00 is trading 87.7% above its estimated GF Value™ of kr139.61. GuruFocus considers Matvareexpressen AS to be Significantly Overvalued.

Key valuation signals for OSL:MVE:

  • Debt-to-EBITDA: 2.63 (26% above median its 10-year median of 2.09)
  • GF Value™: kr139.61 vs. price of kr262.00 (87.7% above fair value)
  • GF Score™: 26/100 with 5 warning signs
  • Industry Position: 11.9% above the Retail - Cyclical median (#551 of 910)

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


Matvareexpressen AS Business Description

Address Spannavegen 152, Haugesund, NOR, 5535
Matvareexpressen AS is a technology enterprise within the online grocery industry. It has positioned itself as a comprehensive supplier, offering a wide range of groceries and food delivery services. It is a one-stop shop for kindergartens, schools, nursery homes, canteens and similar professional buyers.
26GF Score

Get the complete analysis for OSL:MVE

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

kr262.00
Price
kr139.61
GF Value