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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 Delivery Hero SE's Debt-to-EBITDA or its related term are showing as below:
XSWX:DHER'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.99 Med: -0.62 Max: 23.62
Current: 12.44
During the past 13 years, the highest Debt-to-EBITDA Ratio of Delivery Hero SE was 23.62. The lowest was -8.99. And the median was -0.62.
XSWX:DHER's Debt-to-EBITDA is ranked worse than 93.01% of 901
companies
in the Retail - Cyclical industry
Industry Median: 2.4
vs XSWX:DHER: 12.44
Delivery Hero SE (XSWX:DHER) Debt-to-EBITDA Explanation
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.
Delivery Hero SE Debt-to-EBITDA Related Terms
Delivery Hero SE Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Delivery Hero SE'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.
XSWX:DHER vs AMZN, BABA, PDD: Debt-to-EBITDA Comparison
For the Internet Retail subindustry, Delivery Hero SE'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.
Delivery Hero SE Debt-to-EBITDA vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Delivery Hero SE's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Delivery Hero SE'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 two times the quarterly (Dec. 2025) EBITDA data.
Delivery Hero SE (XSWX:DHER) has a Debt-to-EBITDA of 5.90 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Delivery Hero SE. According to the industry distribution chart, Delivery Hero SE ranks #838 out of 901 companies in the Retail - Cyclical industry, placing it in the top 93%.
Is Delivery Hero SE's Debt-to-EBITDA too high?
Delivery Hero SE's current Debt-to-EBITDA is 5.90. The Retail - Cyclical industry median Debt-to-EBITDA is 2.40. Delivery Hero SE's value of 5.90 is 145.8% above this industry median. Based on the distribution chart, Delivery Hero SE ranks #838 out of 901 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Delivery Hero SE has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delivery Hero SE's Debt-to-EBITDA compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Delivery Hero SE ranks #838 out of 901 companies for Debt-to-EBITDA. This places Delivery Hero SE in the lower half of its industry. The industry median Debt-to-EBITDA is 2.40. Delivery Hero SE's value of 5.90 is 145.8% above 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 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. Delivery Hero SE's current Debt-to-EBITDA of 5.90 is 145.8% 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 Delivery Hero SE. 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. Delivery Hero SE's current Debt-to-EBITDA is 5.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delivery Hero SE stock overvalued right now?
Based on GuruFocus' analysis, Delivery Hero SE (XSWX:DHER) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF31.33, compared to a current price of CHF35.17 — trading 12.3% above its estimated fair value. The current Debt-to-EBITDA is 5.90 and 145.8% above the Retail - Cyclical industry median of 2.40. Delivery Hero SE's overall GF Score™ is 73/100 with 8 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 Delivery Hero SE (XSWX:DHER), the current Debt-to-EBITDA is 5.90 as of Dec. 2025. 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 Delivery Hero SE (XSWX:DHER) Overvalued in 2026?
Based on GuruFocus' analysis, Delivery Hero SE stock appears to be overvalued.
The current stock price of CHF35.17 is trading 12.3% above its estimated GF Value™ of CHF31.33.
GuruFocus considers Delivery Hero SE to be Modestly Overvalued.
Key valuation signals for XSWX:DHER:
Debt-to-EBITDA: 5.90
GF Value™: CHF31.33 vs. price of CHF35.17 (12.3% above fair value)
Industry Position: 145.8% above the Retail - Cyclical median (#838 of 901)
No single metric tells the full story. See the XSWX:DHER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2011, Delivery Hero is an online delivery demand aggregator. The company is headquartered in Germany and operates in over 70 countries across Latin America, Asia, Europe, the Middle East, and Africa. Delivery Hero creates a marketplace for merchants to establish an online presence, market their offerings, and meet demand through delivery. Nearly half of Delivery Hero's revenue is commission fees from merchants. Through its applications, which vary by region, customers can order meals, grocery items, pharmacy products, and retail goods. In addition, Delivery Hero operates Dmarts.
73GF Score
Get the complete analysis for XSWX:DHER
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