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First Majestic SilverAG -4.21%63 Debt-to-EBITDA is 0.33 as of Jun. 2026, which is 79% below its 10-year median of 1.59. GuruFocus rates AG with a GF Score™ of 63/100 and a GF Value™ of $11.53 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 597 Metals & Mining companies, First Majestic Silver ranks better than 71.02% 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 First Majestic Silver's Debt-to-EBITDA or its related term are showing as below:
AG'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.71 Med: 1.59 Max: 7.35
Current: 0.33
During the past 13 years, the highest Debt-to-EBITDA Ratio of First Majestic Silver was 7.35. The lowest was -4.71. And the median was 1.59.
AG's Debt-to-EBITDA is ranked better than 71.02% of 597
companies
in the Metals & Mining industry
Industry Median: 1.2
vs AG: 0.33
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.
First Majestic Silver Debt-to-EBITDA Related Terms
First Majestic Silver Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for First Majestic Silver'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.
For the Silver subindustry, First Majestic Silver'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.
First Majestic Silver Debt-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, First Majestic Silver's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where First Majestic Silver'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.
First Majestic Silver (AG) has a Debt-to-EBITDA of 0.33 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 First Majestic Silver. This is 79% below median its historical median of 1.59. According to the industry distribution chart, First Majestic Silver ranks #173 out of 597 companies in the Metals & Mining industry, placing it in the top 29%.
Is First Majestic Silver's Debt-to-EBITDA too high?
First Majestic Silver's current Debt-to-EBITDA of 0.33 is 79% below median its 10-year median of 1.59. The Metals & Mining industry median Debt-to-EBITDA is 1.20. First Majestic Silver's value of 0.33 is 72.5% below this industry median. Based on the distribution chart, First Majestic Silver ranks #173 out of 597 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, First Majestic Silver has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Majestic Silver's Debt-to-EBITDA compare to EXK?
According to the Metals & Mining industry distribution chart, First Majestic Silver ranks #173 out of 597 companies for Debt-to-EBITDA. This puts First Majestic Silver in the upper half of its industry. The industry median Debt-to-EBITDA is 1.20. First Majestic Silver's value of 0.33 is 72.5% below this benchmark. While the company's 10-year median is 1.59 vs. the industry median of 1.20, First Majestic Silver 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 Metals & Mining company?
The median Debt-to-EBITDA among Metals & Mining companies is 1.20, based on 597 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. First Majestic Silver's current Debt-to-EBITDA of 0.33 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 First Majestic Silver. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Majestic Silver's current Debt-to-EBITDA is 0.33, which is 79% below median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Majestic Silver stock overvalued right now?
Based on GuruFocus' analysis, First Majestic Silver (AG) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.53, compared to a current price of $15.03 — trading 30.4% above its estimated fair value. The current Debt-to-EBITDA is 0.33, which is 79% below median its 10-year median of 1.59 and 72.5% below the Metals & Mining industry median of 1.20. First Majestic Silver's overall GF Score™ is 63/100 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 First Majestic Silver (AG), the current Debt-to-EBITDA is 0.33 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 First Majestic Silver (AG) Overvalued in 2026?
Based on GuruFocus' analysis, First Majestic Silver stock appears to be overvalued.
The current stock price of $15.03 is trading 30.4% above its estimated GF Value™ of $11.53.
GuruFocus considers First Majestic Silver to be Significantly Overvalued.
Key valuation signals for AG:
Debt-to-EBITDA: 0.33 (79% below median its 10-year median of 1.59)
GF Value™: $11.53 vs. price of $15.03 (30.4% above fair value)
Industry Position: 72.5% below the Metals & Mining median (#173 of 597)
No single metric tells the full story. See the AG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Majestic Silver Corp is in the business of production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. The company owns four producing mines in Mexico, consisting of the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, the Los Gatos Silver Mine, and the La Encantada Silver Mine. It also owns the Jerritt Canyon Gold Mine in Nevada, USA. Additionally, the firm holds interests in the San Martin Silver Mine and the Del Toro Silver Mine, and several exploration-stage projects. The majority of the company's revenues are from the sale of precious metals contained in dore and concentrate form. It generates maximum revenue from the sale of silver, followed by gold, zinc, copper, and other metals.
63GF Score
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