VIPS (Vipshop Holdings) Debt-to-EBITDA : 0.66 (As of Mar. 2026) — 40% Above Median

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VIPS Vipshop Holdings Ltd VIPS
82 GF Score
Price $14.41
GF Value $17.45
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Vipshop Holdings Debt-to-EBITDA?

Vipshop Holdings VIPS -1.84% 82 Debt-to-EBITDA is 0.66 as of Mar. 2026, which is 40% above its 10-year median of 0.47. GuruFocus rates VIPS with a GF Score™ of 82/100 and a GF Value™ of $17.45 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 901 Retail - Cyclical companies, Vipshop Holdings ranks better than 82.02% on this metric.

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

Vipshop Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $958 Mil. Vipshop Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $82 Mil. Vipshop Holdings's annualized EBITDA for the quarter that ended in Mar. 2026 was $1,573 Mil. Vipshop Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.66.

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 Vipshop Holdings's Debt-to-EBITDA or its related term are showing as below:

VIPS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.21   Med: 0.47   Max: 1.75
Current: 0.79

During the past 13 years, the highest Debt-to-EBITDA Ratio of Vipshop Holdings was 1.75. The lowest was 0.21. And the median was 0.47.

VIPS's Debt-to-EBITDA is ranked better than
82.02% of 901 companies
in the Retail - Cyclical industry
Industry Median: 2.4 vs VIPS: 0.79

Vipshop Holdings  (NYSE:VIPS) 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.


Vipshop Holdings Debt-to-EBITDA Related Terms


Vipshop Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Vipshop Holdings'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.

Vipshop Holdings Debt-to-EBITDA Chart

Vipshop Holdings 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 0.46 0.40 0.21 0.28 0.61

Vipshop Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.52 0.96 1.38 0.53 0.66

VIPS vs GLBE, ETSY, CHWY: Debt-to-EBITDA Comparison

For the Internet Retail subindustry, Vipshop Holdings'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.


Vipshop Holdings Debt-to-EBITDA vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vipshop Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Vipshop Holdings's Debt-to-EBITDA falls into.


VIPS
82GF Score
Vipshop Holdings Ltd VIPS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vipshop Holdings Debt-to-EBITDA Calculation

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

Vipshop Holdings'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
=(859.209 + 79.076) / 1535.326
=0.61

Vipshop Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(958.204 + 81.882) / 1572.908
=0.66

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.66 mean?
Vipshop Holdings (VIPS) has a Debt-to-EBITDA of 0.66 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 Vipshop Holdings. This is 40% above median its historical median of 0.47. Over the past decade, Vipshop Holdings' Debt-to-EBITDA has ranged from 0.21 to 1.75. According to the industry distribution chart, Vipshop Holdings ranks #162 out of 901 companies in the Retail - Cyclical industry, placing it in the top 18%.
Is Vipshop Holdings' Debt-to-EBITDA too high?
Vipshop Holdings' current Debt-to-EBITDA of 0.66 is 40% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.75. The Retail - Cyclical industry median Debt-to-EBITDA is 2.40. Vipshop Holdings' value of 0.66 is 72.5% below this industry median. Based on the distribution chart, Vipshop Holdings ranks #162 out of 901 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Vipshop Holdings has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vipshop Holdings' Debt-to-EBITDA compare to GLBE and ETSY?
According to the Retail - Cyclical industry distribution chart, Vipshop Holdings ranks #162 out of 901 companies for Debt-to-EBITDA. This places Vipshop Holdings in the top 18% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.40. Vipshop Holdings' value of 0.66 is 72.5% below this benchmark. Historically, Vipshop Holdings' own Debt-to-EBITDA has ranged from 0.21 to 1.75 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 2.40, Vipshop Holdings 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 Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.40, based on 901 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. Vipshop Holdings's current Debt-to-EBITDA of 0.66 is 72.5% 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 Vipshop Holdings. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vipshop Holdings's current Debt-to-EBITDA is 0.66, which is 40% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vipshop Holdings stock overvalued right now?
Based on GuruFocus' analysis, Vipshop Holdings (VIPS) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.45, compared to a current price of $14.41 — trading 17.4% below its estimated fair value. The current Debt-to-EBITDA is 0.66, which is 40% above median its 10-year median of 0.47 and 72.5% below the Retail - Cyclical industry median of 2.40. Vipshop Holdings' overall GF Score™ is 82/100 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 Vipshop Holdings (VIPS), the current Debt-to-EBITDA is 0.66 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 Vipshop Holdings (VIPS) Overvalued in 2026?

Based on GuruFocus' analysis, Vipshop Holdings stock appears to be undervalued. The current stock price of $14.41 is trading 17.4% below its estimated GF Value™ of $17.45. GuruFocus considers Vipshop Holdings to be Modestly Undervalued.

Key valuation signals for VIPS:

  • Debt-to-EBITDA: 0.66 (40% above median its 10-year median of 0.47)
  • GF Value™: $17.45 vs. price of $14.41 (17.4% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 72.5% below the Retail - Cyclical median (#162 of 901)

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


Vipshop Holdings Business Description

Address 128 Dingxin Road, Haizhu District, Guangdong Province, Guangzhou, CHN, 510220
Vipshop is a leading Chinese online discount retailer offering branded products at attractive discounts of 10%-90% off their original price through daily flash sales. It operates warehousing, retailing, product procurement, software development, and information technology support in-house while outsourcing to third-party logistics providers for distribution and shipments. Branded products on Vipshop's platform are sourced mostly through a consignment model with global brand partners. As of March 31, 2025, Eric Ya Shen, chair and CEO, had 64.5% voting rights. Leading Chinese social media firm and strategic shareholder Tencent also holds a 12.5% interest.
82GF Score

Get the complete analysis for VIPS

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

$14.41
Price
$17.45
GF Value