PACK (Ranpak Holdings) Debt-to-EBITDA : 8.39 (As of Mar. 2026) — 32% Above Median


PACK Ranpak Holdings Corp PACK
63 GF Score
Price $6.18
GF Value $5.92
Valuation Fairly Valued
! 2 Warning Signs
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What is Ranpak Holdings Debt-to-EBITDA?

Ranpak Holdings PACK -4.63% 63 Debt-to-EBITDA is 8.39 as of Mar. 2026, which is 32% above its 10-year median of 6.34. GuruFocus rates PACK with a GF Score™ of 63/100 and a GF Value™ of $5.92 (Fairly Valued). The stock has 2 warning signs investors should review. Among 331 Packaging & Containers companies, Ranpak Holdings ranks worse than 86.71% on this metric.

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

Ranpak Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $10.2 Mil. Ranpak Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $419.5 Mil. Ranpak Holdings's annualized EBITDA for the quarter that ended in Mar. 2026 was $51.2 Mil. Ranpak Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 8.39.

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

PACK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 6.34   Max: 12.09
Current: 7.72

During the past 9 years, the highest Debt-to-EBITDA Ratio of Ranpak Holdings was 12.09. The lowest was 0.00. And the median was 6.34.

PACK's Debt-to-EBITDA is ranked worse than
86.71% of 331 companies
in the Packaging & Containers industry
Industry Median: 2.58 vs PACK: 7.72

Ranpak Holdings  (NYSE:PACK) 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.


Ranpak Holdings Debt-to-EBITDA Related Terms


Ranpak Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ranpak 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.

Ranpak Holdings Debt-to-EBITDA Chart

Ranpak Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 4.48 12.09 6.85 6.14 8.04

Ranpak Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.16 6.50 8.31 8.08 8.39

PACK vs KRT, ORBS, GFLT: Debt-to-EBITDA Comparison

For the Packaging & Containers subindustry, Ranpak 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.


Ranpak Holdings Debt-to-EBITDA vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ranpak Holdings's Debt-to-EBITDA distribution charts can be found below:

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


PACK
63GF Score
Ranpak Holdings Corp PACK
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ranpak Holdings Debt-to-EBITDA Calculation

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

Ranpak Holdings'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
=(9.4 + 420.6) / 53.5
=8.04

Ranpak Holdings'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
=(10.2 + 419.5) / 51.2
=8.39

* 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 8.39 mean?
Ranpak Holdings (PACK) has a Debt-to-EBITDA of 8.39 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 Ranpak Holdings. This is 32% above median its historical median of 6.34. According to the industry distribution chart, Ranpak Holdings ranks #287 out of 331 companies in the Packaging & Containers industry, placing it in the top 86.7%.
Is Ranpak Holdings' Debt-to-EBITDA too high?
Ranpak Holdings' current Debt-to-EBITDA of 8.39 is 32% above median its 10-year median of 6.34. The Packaging & Containers industry median Debt-to-EBITDA is 2.58. Ranpak Holdings' value of 8.39 is 225.2% above this industry median. Based on the distribution chart, Ranpak Holdings ranks #287 out of 331 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Ranpak Holdings has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ranpak Holdings' Debt-to-EBITDA compare to KRT and ORBS?
According to the Packaging & Containers industry distribution chart, Ranpak Holdings ranks #287 out of 331 companies for Debt-to-EBITDA. This places Ranpak Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.58. Ranpak Holdings' value of 8.39 is 225.2% above this benchmark. While the company's 10-year median is 6.34 vs. the industry median of 2.58, Ranpak Holdings 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 Packaging & Containers company?
The median Debt-to-EBITDA among Packaging & Containers companies is 2.58, based on 331 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. Ranpak Holdings's current Debt-to-EBITDA of 8.39 is 225.2% 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 Ranpak Holdings. For the Packaging & Containers industry, the median Debt-to-EBITDA is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ranpak Holdings's current Debt-to-EBITDA is 8.39, which is 32% above median its own 10-year median of 6.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ranpak Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ranpak Holdings (PACK) is currently considered Fairly Valued. The stock's GF Value™ is $5.92, compared to a current price of $6.18 — trading 4.4% above its estimated fair value. The current Debt-to-EBITDA is 8.39, which is 32% above median its 10-year median of 6.34 and 225.2% above the Packaging & Containers industry median of 2.58. Ranpak Holdings' overall GF Score™ is 63/100 with 2 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 Ranpak Holdings (PACK), the current Debt-to-EBITDA is 8.39 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 Ranpak Holdings (PACK) Overvalued in 2026?

Based on GuruFocus' analysis, Ranpak Holdings stock appears to be overvalued. The current stock price of $6.18 is trading 4.4% above its estimated GF Value™ of $5.92. GuruFocus considers Ranpak Holdings to be Fairly Valued.

Key valuation signals for PACK:

  • Debt-to-EBITDA: 8.39 (32% above median its 10-year median of 6.34)
  • GF Value™: $5.92 vs. price of $6.18 (4.4% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 225.2% above the Packaging & Containers median (#287 of 331)

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


Ranpak Holdings Business Description

Other Exchanges 0ZA:Germany
Address 7990 Auburn Road, Concord Township, OH, USA, 44077
Ranpak Holdings Corp is a provider of environmentally sustainable, systems-based, product protection solutions for e-Commerce and industrial supply chains. The company offers a full suite of protective packaging systems and paper consumables. The group generates revenue by providing its PPS systems and paper consumables to customers, which include direct end-users and a network of exclusive paper packaging solution distributors, and by providing end-of-line automation systems that solve challenges, including optimization, customization, and efficiency. It has two segments, North America and Europe/Asia.
63GF Score

Get the complete analysis for PACK

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

$6.18
Price
$5.92
GF Value