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Minfeng Special Paper CoSHSE:600235 -3.36%51 Debt-to-EBITDA is 18.61 as of Jun. 2026, which is 289% above its 10-year median of 4.79. GuruFocus rates SHSE:600235 with a GF Score™ of 51/100 and a GF Value™ of ¥5.31 (Fairly Valued). The stock has 7 warning signs investors should review. Among 208 Forest Products companies, Minfeng Special Paper Co ranks worse than 95.67% 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 Minfeng Special Paper Co's Debt-to-EBITDA or its related term are showing as below:
SHSE:600235'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.52 Med: 4.79 Max: 31.11
Current: 31.11
During the past 13 years, the highest Debt-to-EBITDA Ratio of Minfeng Special Paper Co was 31.11. The lowest was 3.52. And the median was 4.79.
SHSE:600235's Debt-to-EBITDA is ranked worse than 95.67% of 208
companies
in the Forest Products industry
Industry Median: 3.205
vs SHSE:600235: 31.11
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.
Minfeng Special Paper Co Debt-to-EBITDA Related Terms
Minfeng Special Paper Co Debt-to-EBITDA Historical Data
* 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.
Minfeng Special Paper Co Debt-to-EBITDA Competitor Comparison
For the Paper & Paper Products subindustry, Minfeng Special Paper 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.
Minfeng Special Paper Co Debt-to-EBITDA vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Minfeng Special Paper Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Minfeng Special Paper 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 (Jun. 2026) EBITDA data.
Minfeng Special Paper Co (SHSE:600235) has a Debt-to-EBITDA of 18.61 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Minfeng Special Paper Co. This is 289% above median its historical median of 4.79. Over the past decade, Minfeng Special Paper Co's Debt-to-EBITDA has ranged from 3.52 to 31.11. According to the industry distribution chart, Minfeng Special Paper Co ranks #199 out of 208 companies in the Forest Products industry, placing it in the top 95.7%.
Is Minfeng Special Paper Co's Debt-to-EBITDA too high?
Minfeng Special Paper Co's current Debt-to-EBITDA of 18.61 is 289% above median its 10-year median of 4.79. Over the past 10 years, this metric has ranged from a low of 3.52 to a high of 31.11. The Forest Products industry median Debt-to-EBITDA is 3.21. Minfeng Special Paper Co's value of 18.61 is 480.7% above this industry median. Based on the distribution chart, Minfeng Special Paper Co ranks #199 out of 208 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Minfeng Special Paper Co has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minfeng Special Paper Co's Debt-to-EBITDA compare to competitors?
According to the Forest Products industry distribution chart, Minfeng Special Paper Co ranks #199 out of 208 companies for Debt-to-EBITDA. This places Minfeng Special Paper Co in the lower half of its industry. The industry median Debt-to-EBITDA is 3.21. Minfeng Special Paper Co's value of 18.61 is 480.7% above this benchmark. Historically, Minfeng Special Paper Co's own Debt-to-EBITDA has ranged from 3.52 to 31.11 over the past decade. While the company's 10-year median is 4.79 vs. the industry median of 3.21, Minfeng Special Paper Co 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 Forest Products company?
The median Debt-to-EBITDA among Forest Products companies is 3.21, based on 208 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. Minfeng Special Paper Co's current Debt-to-EBITDA of 18.61 is 480.7% 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 Minfeng Special Paper Co. For the Forest Products industry, the median Debt-to-EBITDA is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minfeng Special Paper Co's current Debt-to-EBITDA is 18.61, which is 289% above median its own 10-year median of 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minfeng Special Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Minfeng Special Paper Co (SHSE:600235) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.31, compared to a current price of ¥5.75 — trading 8.3% above its estimated fair value. The current Debt-to-EBITDA is 18.61, which is 289% above median its 10-year median of 4.79 and 480.7% above the Forest Products industry median of 3.21. Minfeng Special Paper Co's overall GF Score™ is 51/100 with 7 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 Minfeng Special Paper Co (SHSE:600235), the current Debt-to-EBITDA is 18.61 as of Jun. 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 Minfeng Special Paper Co (SHSE:600235) Overvalued in 2026?
Based on GuruFocus' analysis, Minfeng Special Paper Co stock appears to be overvalued.
The current stock price of ¥5.75 is trading 8.3% above its estimated GF Value™ of ¥5.31.
GuruFocus considers Minfeng Special Paper Co to be Fairly Valued.
Key valuation signals for SHSE:600235:
Debt-to-EBITDA: 18.61 (289% above median its 10-year median of 4.79)
GF Value™: ¥5.31 vs. price of ¥5.75 (8.3% above fair value)
Industry Position: 480.7% above the Forest Products median (#199 of 208)
No single metric tells the full story. See the SHSE:600235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minfeng Special Paper Co Ltd develops and manufactures paper. The company focuses on the industrial specialty paper market. The company's main products consist of cigarette paper series, industrial paper, tracing paper series and capacitor paper series, among others. It sells the products in both Chinese and international market.
51GF Score
Get the complete analysis for SHSE:600235
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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