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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 Lightspeed Commerce's Debt-to-EBITDA or its related term are showing as below:
TSX:LSPD'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.13 Med: -0.29 Max: 2.53
Current: 1.35
During the past 11 years, the highest Debt-to-EBITDA Ratio of Lightspeed Commerce was 2.53. The lowest was -1.13. And the median was -0.29.
TSX:LSPD's Debt-to-EBITDA is ranked worse than 70.14% of 1725
companies
in the Software industry
Industry Median: 1.09
vs TSX:LSPD: 1.35
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.
Lightspeed Commerce Debt-to-EBITDA Related Terms
Lightspeed Commerce Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Lightspeed Commerce'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.
TSX:LSPD vs QH, SHOP, UBER: Debt-to-EBITDA Comparison
For the Software - Application subindustry, Lightspeed Commerce'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.
Lightspeed Commerce Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Lightspeed Commerce's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Lightspeed Commerce'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.
Lightspeed Commerce (TSX:LSPD) has a Debt-to-EBITDA of 0.61 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 Lightspeed Commerce. According to the industry distribution chart, Lightspeed Commerce ranks #1210 out of 1725 companies in the Software industry, placing it in the top 70.1%.
Is Lightspeed Commerce's Debt-to-EBITDA too high?
Lightspeed Commerce's current Debt-to-EBITDA is 0.61. The Software industry median Debt-to-EBITDA is 1.09. Lightspeed Commerce's value of 0.61 is 44% below this industry median. Based on the distribution chart, Lightspeed Commerce ranks #1210 out of 1725 companies in the Software industry, which is below the industry midpoint. Overall, Lightspeed Commerce has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lightspeed Commerce's Debt-to-EBITDA compare to QH and SHOP?
According to the Software industry distribution chart, Lightspeed Commerce ranks #1210 out of 1725 companies for Debt-to-EBITDA. This places Lightspeed Commerce in the lower half of its industry. The industry median Debt-to-EBITDA is 1.09. Lightspeed Commerce's value of 0.61 is 44% below this benchmark. 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.09, based on 1,725 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. Lightspeed Commerce's current Debt-to-EBITDA of 0.61 is 44% 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 Lightspeed Commerce. For the Software industry, the median Debt-to-EBITDA is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lightspeed Commerce's current Debt-to-EBITDA is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lightspeed Commerce stock overvalued right now?
Based on GuruFocus' analysis, Lightspeed Commerce (TSX:LSPD) is currently considered Significantly Undervalued. The stock's GF Value™ is C$25.46, compared to a current price of C$14.14 — trading 44.5% below its estimated fair value. The current Debt-to-EBITDA is 0.61 and 44% below the Software industry median of 1.09. Lightspeed Commerce's overall GF Score™ is 70/100 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 Lightspeed Commerce (TSX:LSPD), the current Debt-to-EBITDA is 0.61 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 Lightspeed Commerce (TSX:LSPD) Overvalued in 2026?
Based on GuruFocus' analysis, Lightspeed Commerce stock appears to be undervalued.
The current stock price of C$14.14 is trading 44.5% below its estimated GF Value™ of C$25.46.
GuruFocus considers Lightspeed Commerce to be Significantly Undervalued.
Key valuation signals for TSX:LSPD:
Debt-to-EBITDA: 0.61
GF Value™: C$25.46 vs. price of C$14.14 (44.5% below fair value)
Industry Position: 44% below the Software median (#1210 of 1725)
No single metric tells the full story. See the TSX:LSPD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lightspeed Commerce Inc is a one-stop commerce platform providing its customers with the critical functionalities needed to engage with consumers, manage their operations, order their inventory, accept payments, and run their business. It has customers globally in over 100 countries, empowering single- and multi-location small and medium-sized businesses to compete in an omni-channel market environment by engaging with consumers across online, mobile, social, and physical channels. Its products are divided into retail, restaurant, and golf categories. Geographically, it operates in Canada, the United States, the United Kingdom, Switzerland, Germany, and Others with the majority of revenue deriving from Canada.
70GF Score
Get the complete analysis for TSX:LSPD
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