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Zhejiang Medicine CoSHSE:600216 +4.24%78 Debt-to-EBITDA is 0.77 as of Mar. 2026, which is 35% above its 10-year median of 0.57. GuruFocus rates SHSE:600216 with a GF Score™ of 78/100 and a GF Value™ of ¥13.91 (Fairly Valued). The stock has 6 warning signs investors should review. Among 681 Drug Manufacturers companies, Zhejiang Medicine Co ranks better than 58.88% 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 Zhejiang Medicine Co's Debt-to-EBITDA or its related term are showing as below:
SHSE:600216'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.38 Med: 0.57 Max: 1.16
Current: 1.16
During the past 13 years, the highest Debt-to-EBITDA Ratio of Zhejiang Medicine Co was 1.16. The lowest was 0.38. And the median was 0.57.
SHSE:600216's Debt-to-EBITDA is ranked better than 58.88% of 681
companies
in the Drug Manufacturers industry
Industry Median: 1.63
vs SHSE:600216: 1.16
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.
Zhejiang Medicine Co Debt-to-EBITDA Related Terms
Zhejiang Medicine Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Zhejiang Medicine Co'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 Drug Manufacturers - Specialty & Generic subindustry, Zhejiang Medicine Co'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.
Zhejiang Medicine Co Debt-to-EBITDA vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Zhejiang Medicine Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Zhejiang Medicine Co'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.
Zhejiang Medicine Co (SHSE:600216) has a Debt-to-EBITDA of 0.77 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 Zhejiang Medicine Co. This is 35% above median its historical median of 0.57. Over the past decade, Zhejiang Medicine Co's Debt-to-EBITDA has ranged from 0.38 to 1.16. According to the industry distribution chart, Zhejiang Medicine Co ranks #280 out of 681 companies in the Drug Manufacturers industry, placing it in the top 41.1%.
Is Zhejiang Medicine Co's Debt-to-EBITDA too high?
Zhejiang Medicine Co's current Debt-to-EBITDA of 0.77 is 35% above median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.16. The Drug Manufacturers industry median Debt-to-EBITDA is 1.63. Zhejiang Medicine Co's value of 0.77 is 52.8% below this industry median. Based on the distribution chart, Zhejiang Medicine Co ranks #280 out of 681 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Zhejiang Medicine Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Medicine Co's Debt-to-EBITDA compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Zhejiang Medicine Co ranks #280 out of 681 companies for Debt-to-EBITDA. This puts Zhejiang Medicine Co in the upper half of its industry. The industry median Debt-to-EBITDA is 1.63. Zhejiang Medicine Co's value of 0.77 is 52.8% below this benchmark. Historically, Zhejiang Medicine Co's own Debt-to-EBITDA has ranged from 0.38 to 1.16 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.63, Zhejiang Medicine Co 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 Drug Manufacturers company?
The median Debt-to-EBITDA among Drug Manufacturers companies is 1.63, based on 681 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. Zhejiang Medicine Co's current Debt-to-EBITDA of 0.77 is 52.8% 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 Zhejiang Medicine Co. For the Drug Manufacturers industry, the median Debt-to-EBITDA is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Medicine Co's current Debt-to-EBITDA is 0.77, which is 35% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Medicine Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Medicine Co (SHSE:600216) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.91, compared to a current price of ¥13.76 — trading 1.1% below its estimated fair value. The current Debt-to-EBITDA is 0.77, which is 35% above median its 10-year median of 0.57 and 52.8% below the Drug Manufacturers industry median of 1.63. Zhejiang Medicine Co's overall GF Score™ is 78/100 with 6 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 Zhejiang Medicine Co (SHSE:600216), the current Debt-to-EBITDA is 0.77 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 Zhejiang Medicine Co (SHSE:600216) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Medicine Co stock appears to be undervalued.
The current stock price of ¥13.76 is trading 1.1% below its estimated GF Value™ of ¥13.91.
GuruFocus considers Zhejiang Medicine Co to be Fairly Valued.
Key valuation signals for SHSE:600216:
Debt-to-EBITDA: 0.77 (35% above median its 10-year median of 0.57)
GF Value™: ¥13.91 vs. price of ¥13.76 (1.1% below fair value)
Industry Position: 52.8% below the Drug Manufacturers median (#280 of 681)
No single metric tells the full story. See the SHSE:600216 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Medicine Co Ltd is a china-based pharmaceutical company. The company manufactures fat-soluble vitamins, vitamins, quinolones, and antibiotic-resistant antibiotics, vitamin E, natural vitamin E, beta-carotene, cantharidin, vancomycin hydrochloride, and teicoplanin.
78GF Score
Get the complete analysis for SHSE:600216
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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