CMST Development Co (SHSE:600787) Debt-to-EBITDA : 2.03 (As of Jun. 2026) — Near Median

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SHSE:600787 CMST Development Co Ltd SHSE:600787
60 GF Score
Price ¥4.67
GF Value ¥6.12
Valuation Modestly Undervalued
! 5 Warning Signs
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What is CMST Development Co Debt-to-EBITDA?

CMST Development Co SHSE:600787 +1.08% 60 Debt-to-EBITDA is 2.03 as of Jun. 2026, which is 8% above its 10-year median of 1.88. GuruFocus rates SHSE:600787 with a GF Score™ of 60/100 and a GF Value™ of ¥6.12 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 870 Transportation companies, CMST Development Co ranks better than 77.93% on this metric.

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

CMST Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥776 Mil. CMST Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥1,113 Mil. CMST Development Co's annualized EBITDA for the quarter that ended in Jun. 2026 was ¥932 Mil. CMST Development Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.03.

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 CMST Development Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600787' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.26   Med: 1.88   Max: 4.79
Current: 2.13

During the past 13 years, the highest Debt-to-EBITDA Ratio of CMST Development Co was 4.79. The lowest was 1.26. And the median was 1.88.

SHSE:600787's Debt-to-EBITDA is ranked better than
77.93% of 870 companies
in the Transportation industry
Industry Median: 2.62 vs SHSE:600787: 2.13

CMST Development Co  (SHSE:600787) 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.


CMST Development Co Debt-to-EBITDA Related Terms


CMST Development Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CMST Development 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.

CMST Development Co Debt-to-EBITDA Chart

CMST Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.89 1.76 1.79 1.26

CMST Development Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.75 5.33 1.10 2.07 2.03

SHSE:600787 vs UPS, FDX, JBHT: Debt-to-EBITDA Comparison

For the Integrated Freight & Logistics subindustry, CMST Development 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.


CMST Development Co Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, CMST Development Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where CMST Development Co's Debt-to-EBITDA falls into.


SHSE:600787
60GF Score
CMST Development Co Ltd SHSE:600787
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CMST Development Co Debt-to-EBITDA Calculation

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

CMST Development Co'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
=(1286.788 + 607.892) / 1498.559
=1.26

CMST Development Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(775.507 + 1112.985) / 932.06
=2.03

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.03 mean?
CMST Development Co (SHSE:600787) has a Debt-to-EBITDA of 2.03 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 CMST Development Co. This is near median its historical median of 1.88. Over the past decade, CMST Development Co's Debt-to-EBITDA has ranged from 1.26 to 4.79. According to the industry distribution chart, CMST Development Co ranks #192 out of 870 companies in the Transportation industry, placing it in the top 22.1%.
Is CMST Development Co's Debt-to-EBITDA too high?
CMST Development Co's current Debt-to-EBITDA of 2.03 is near median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 4.79. The Transportation industry median Debt-to-EBITDA is 2.62. CMST Development Co's value of 2.03 is 22.5% below this industry median. Based on the distribution chart, CMST Development Co ranks #192 out of 870 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, CMST Development Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CMST Development Co's Debt-to-EBITDA compare to UPS and FDX?
According to the Transportation industry distribution chart, CMST Development Co ranks #192 out of 870 companies for Debt-to-EBITDA. This places CMST Development Co in the top 22% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.62. CMST Development Co's value of 2.03 is 22.5% below this benchmark. Historically, CMST Development Co's own Debt-to-EBITDA has ranged from 1.26 to 4.79 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 2.62, CMST Development 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 Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.62, based on 870 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. CMST Development Co's current Debt-to-EBITDA of 2.03 is 22.5% 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 CMST Development Co. For the Transportation industry, the median Debt-to-EBITDA is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMST Development Co's current Debt-to-EBITDA is 2.03, which is near median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMST Development Co stock overvalued right now?
Based on GuruFocus' analysis, CMST Development Co (SHSE:600787) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.12, compared to a current price of ¥4.67 — trading 23.7% below its estimated fair value. The current Debt-to-EBITDA is 2.03, which is near median its 10-year median of 1.88 and 22.5% below the Transportation industry median of 2.62. CMST Development Co's overall GF Score™ is 60/100 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 CMST Development Co (SHSE:600787), the current Debt-to-EBITDA is 2.03 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 CMST Development Co (SHSE:600787) Overvalued in 2026?

Based on GuruFocus' analysis, CMST Development Co stock appears to be undervalued. The current stock price of ¥4.67 is trading 23.7% below its estimated GF Value™ of ¥6.12. GuruFocus considers CMST Development Co to be Modestly Undervalued.

Key valuation signals for SHSE:600787:

  • Debt-to-EBITDA: 2.03 (near median its 10-year median of 1.88)
  • GF Value™: ¥6.12 vs. price of ¥4.67 (23.7% below fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 22.5% below the Transportation median (#192 of 870)

No single metric tells the full story. See the SHSE:600787 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMST Development Co Business Description

Address Fenghuangzui Street, 27th-28th Floors, Block A, Dingxing Building, No. 5 Courtyard, Fengtai District, Beijing, CHN, 100073
CMST Development Co Ltd is engaged in Modern integrated logistics encompassing futures and spot delivery logistics, bulk commodity supply chains, Internet+ logistics, engineering logistics, consumer goods logistics, and financial logistics.
60GF Score

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

¥4.67
Price
¥6.12
GF Value