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Shenma Industry CoSHSE:600810 +1.74%55 Debt-to-EBITDA is 69.42 as of Mar. 2026, which is 741% above its 10-year median of 8.25. GuruFocus rates SHSE:600810 with a GF Score™ of 55/100 and a GF Value™ of ¥9.59 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,252 Chemicals companies, Shenma Industry Co ranks worse than 99.44% 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 Shenma Industry Co's Debt-to-EBITDA or its related term are showing as below:
SHSE:600810'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.45 Med: 8.25 Max: 113.65
Current: 113.65
During the past 13 years, the highest Debt-to-EBITDA Ratio of Shenma Industry Co was 113.65. The lowest was 2.45. And the median was 8.25.
SHSE:600810's Debt-to-EBITDA is ranked worse than 99.44% of 1252
companies
in the Chemicals industry
Industry Median: 1.96
vs SHSE:600810: 113.65
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.
Shenma Industry Co Debt-to-EBITDA Related Terms
Shenma Industry Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Shenma Industry 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.
SHSE:600810 vs LIN, SHW, ECL: Debt-to-EBITDA Comparison
For the Specialty Chemicals subindustry, Shenma Industry 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.
Shenma Industry Co Debt-to-EBITDA vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shenma Industry Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Shenma Industry 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.
Shenma Industry Co (SHSE:600810) has a Debt-to-EBITDA of 69.42 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 Shenma Industry Co. This is 741% above median its historical median of 8.25. Over the past decade, Shenma Industry Co's Debt-to-EBITDA has ranged from 2.45 to 113.65. According to the industry distribution chart, Shenma Industry Co ranks #1245 out of 1252 companies in the Chemicals industry, placing it in the top 99.4%.
Is Shenma Industry Co's Debt-to-EBITDA too high?
Shenma Industry Co's current Debt-to-EBITDA of 69.42 is 741% above median its 10-year median of 8.25. Over the past 10 years, this metric has ranged from a low of 2.45 to a high of 113.65. The Chemicals industry median Debt-to-EBITDA is 1.96. Shenma Industry Co's value of 69.42 is 3441.8% above this industry median. Based on the distribution chart, Shenma Industry Co ranks #1245 out of 1252 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Shenma Industry Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shenma Industry Co's Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shenma Industry Co ranks #1245 out of 1252 companies for Debt-to-EBITDA. This places Shenma Industry Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.96. Shenma Industry Co's value of 69.42 is 3441.8% above this benchmark. Historically, Shenma Industry Co's own Debt-to-EBITDA has ranged from 2.45 to 113.65 over the past decade. While the company's 10-year median is 8.25 vs. the industry median of 1.96, Shenma Industry 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 Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 1.96, based on 1,252 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. Shenma Industry Co's current Debt-to-EBITDA of 69.42 is 3441.8% 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 Shenma Industry Co. For the Chemicals industry, the median Debt-to-EBITDA is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenma Industry Co's current Debt-to-EBITDA is 69.42, which is 741% above median its own 10-year median of 8.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenma Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shenma Industry Co (SHSE:600810) is currently considered Possible Value Trap. The stock's GF Value™ is ¥9.59, compared to a current price of ¥6.45 — trading 32.7% below its estimated fair value. The current Debt-to-EBITDA is 69.42, which is 741% above median its 10-year median of 8.25 and 3441.8% above the Chemicals industry median of 1.96. Shenma Industry Co's overall GF Score™ is 55/100 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 Shenma Industry Co (SHSE:600810), the current Debt-to-EBITDA is 69.42 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 Shenma Industry Co (SHSE:600810) Overvalued in 2026?
Based on GuruFocus' analysis, Shenma Industry Co stock appears to be undervalued.
The current stock price of ¥6.45 is trading 32.7% below its estimated GF Value™ of ¥9.59.
GuruFocus considers Shenma Industry Co to be Possible Value Trap.
Key valuation signals for SHSE:600810:
Debt-to-EBITDA: 69.42 (741% above median its 10-year median of 8.25)
GF Value™: ¥9.59 vs. price of ¥6.45 (32.7% below fair value)
Industry Position: 3441.8% above the Chemicals median (#1245 of 1252)
No single metric tells the full story. See the SHSE:600810 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenma Industry Co Ltd is engaged in production and distribution of Nylon 66 tyre cord fabric and other types of industrial yarn in China. Its products include dry adipic acid, cyclohexanol, cyclohexane, nylon 66 grey cloth, nylon 66 dipped type cord fabric, nylon 66 dipping tire bead cloth, nylon 66 dipping canvas, and nylon 66 industrial yarn.
55GF Score
Get the complete analysis for SHSE:600810
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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