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Macmahon HoldingsASX:MAH +5.23%59 Debt-to-EBITDA is 1.08 as of Dec. 2025, which is 4% above its 10-year median of 1.04. GuruFocus rates ASX:MAH with a GF Score™ of 59/100 and a GF Value™ of A$0.35 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 595 Metals & Mining companies, Macmahon Holdings ranks better than 51.43% 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 Macmahon Holdings's Debt-to-EBITDA or its related term are showing as below:
ASX:MAH'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01 Med: 1.04 Max: 1.64
Current: 1.1
During the past 13 years, the highest Debt-to-EBITDA Ratio of Macmahon Holdings was 1.64. The lowest was 0.01. And the median was 1.04.
ASX:MAH's Debt-to-EBITDA is ranked better than 51.43% of 595
companies
in the Metals & Mining industry
Industry Median: 1.23
vs ASX:MAH: 1.10
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.
Macmahon Holdings Debt-to-EBITDA Related Terms
Macmahon Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Macmahon 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.
For the Other Industrial Metals & Mining subindustry, Macmahon 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.
Macmahon Holdings Debt-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Macmahon Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Macmahon Holdings'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.
Macmahon Holdings (ASX:MAH) has a Debt-to-EBITDA of 1.08 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 Macmahon Holdings. This is near median its historical median of 1.04. Over the past decade, Macmahon Holdings' Debt-to-EBITDA has ranged from 0.01 to 1.64. According to the industry distribution chart, Macmahon Holdings ranks #289 out of 595 companies in the Metals & Mining industry, placing it in the top 48.6%.
Is Macmahon Holdings' Debt-to-EBITDA too high?
Macmahon Holdings' current Debt-to-EBITDA of 1.08 is near median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.64. The Metals & Mining industry median Debt-to-EBITDA is 1.23. Macmahon Holdings' value of 1.08 is 12.2% below this industry median. Based on the distribution chart, Macmahon Holdings ranks #289 out of 595 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Macmahon Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macmahon Holdings' Debt-to-EBITDA compare to competitors?
According to the Metals & Mining industry distribution chart, Macmahon Holdings ranks #289 out of 595 companies for Debt-to-EBITDA. This puts Macmahon Holdings in the upper half of its industry. The industry median Debt-to-EBITDA is 1.23. Macmahon Holdings' value of 1.08 is 12.2% below this benchmark. Historically, Macmahon Holdings' own Debt-to-EBITDA has ranged from 0.01 to 1.64 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.23, Macmahon 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 Metals & Mining company?
The median Debt-to-EBITDA among Metals & Mining companies is 1.23, based on 595 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. Macmahon Holdings's current Debt-to-EBITDA of 1.08 is 12.2% 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 Macmahon Holdings. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macmahon Holdings's current Debt-to-EBITDA is 1.08, which is near median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macmahon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Macmahon Holdings (ASX:MAH) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.35, compared to a current price of A$0.91 — trading 158.6% above its estimated fair value. The current Debt-to-EBITDA is 1.08, which is near median its 10-year median of 1.04 and 12.2% below the Metals & Mining industry median of 1.23. Macmahon Holdings' overall GF Score™ is 59/100 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 Macmahon Holdings (ASX:MAH), the current Debt-to-EBITDA is 1.08 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 Macmahon Holdings (ASX:MAH) Overvalued in 2026?
Based on GuruFocus' analysis, Macmahon Holdings stock appears to be overvalued.
The current stock price of A$0.91 is trading 158.6% above its estimated GF Value™ of A$0.35.
GuruFocus considers Macmahon Holdings to be Significantly Overvalued.
Key valuation signals for ASX:MAH:
Debt-to-EBITDA: 1.08 (near median its 10-year median of 1.04)
GF Value™: A$0.35 vs. price of A$0.91 (158.6% above fair value)
Industry Position: 12.2% below the Metals & Mining median (#289 of 595)
No single metric tells the full story. See the ASX:MAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Macmahon Holdings Ltd is an Australian company providing mining services to clients throughout Australia, Southeast Asia, and South Africa. Its cend-to-end mining services encompass mine development and materials delivery through to engineering, civil construction, on-site mining services, rehabilitation, site remediation, training and equipment maintenance, and refurbishment services. Its segments are Surface Mining, Underground Mining, International Mining, and Civil Infrastructure. It provides a complete set of mining services which includes surface and underground mining, civil and rehabilitation services, equipment maintenance, rentals and management.
59GF Score
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