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Michael Hill InternationalASX:MHJ +6.45%53 Debt-to-EBITDA is 1.23 as of Dec. 2025, which is 10% above its 10-year median of 1.12. GuruFocus rates ASX:MHJ with a GF Score™ of 53/100 and a GF Value™ of A$0.58 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 901 Retail - Cyclical companies, Michael Hill International ranks better than 52.83% 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 Michael Hill International's Debt-to-EBITDA or its related term are showing as below:
ASX:MHJ'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.51 Med: 1.12 Max: 2.97
Current: 2.22
During the past 13 years, the highest Debt-to-EBITDA Ratio of Michael Hill International was 2.97. The lowest was 0.51. And the median was 1.12.
ASX:MHJ's Debt-to-EBITDA is ranked better than 52.83% of 901
companies
in the Retail - Cyclical industry
Industry Median: 2.4
vs ASX:MHJ: 2.22
Michael Hill International (ASX:MHJ) 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.
Michael Hill International Debt-to-EBITDA Related Terms
Michael Hill International Debt-to-EBITDA Historical Data
* 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 Luxury Goods subindustry, Michael Hill International'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.
Michael Hill International Debt-to-EBITDA vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Michael Hill International's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Michael Hill International'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.
Michael Hill International (ASX:MHJ) has a Debt-to-EBITDA of 1.23 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 Michael Hill International. This is 10% above median its historical median of 1.12. Over the past decade, Michael Hill International's Debt-to-EBITDA has ranged from 0.51 to 2.97. According to the industry distribution chart, Michael Hill International ranks #425 out of 901 companies in the Retail - Cyclical industry, placing it in the top 47.2%.
Is Michael Hill International's Debt-to-EBITDA too high?
Michael Hill International's current Debt-to-EBITDA of 1.23 is 10% above median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 2.97. The Retail - Cyclical industry median Debt-to-EBITDA is 2.40. Michael Hill International's value of 1.23 is 48.8% below this industry median. Based on the distribution chart, Michael Hill International ranks #425 out of 901 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Michael Hill International has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Michael Hill International's Debt-to-EBITDA compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Michael Hill International ranks #425 out of 901 companies for Debt-to-EBITDA. This puts Michael Hill International in the upper half of its industry. The industry median Debt-to-EBITDA is 2.40. Michael Hill International's value of 1.23 is 48.8% below this benchmark. Historically, Michael Hill International's own Debt-to-EBITDA has ranged from 0.51 to 2.97 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 2.40, Michael Hill International 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. Michael Hill International's current Debt-to-EBITDA of 1.23 is 48.8% 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 Michael Hill International. 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. Michael Hill International's current Debt-to-EBITDA is 1.23, which is 10% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Michael Hill International stock overvalued right now?
Based on GuruFocus' analysis, Michael Hill International (ASX:MHJ) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.58, compared to a current price of A$0.33 — trading 43.1% below its estimated fair value. The current Debt-to-EBITDA is 1.23, which is 10% above median its 10-year median of 1.12 and 48.8% below the Retail - Cyclical industry median of 2.40. Michael Hill International's overall GF Score™ is 53/100 with 4 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 Michael Hill International (ASX:MHJ), the current Debt-to-EBITDA is 1.23 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 Michael Hill International (ASX:MHJ) Overvalued in 2026?
Based on GuruFocus' analysis, Michael Hill International stock appears to be undervalued.
The current stock price of A$0.33 is trading 43.1% below its estimated GF Value™ of A$0.58.
GuruFocus considers Michael Hill International to be Significantly Undervalued.
Key valuation signals for ASX:MHJ:
Debt-to-EBITDA: 1.23 (10% above median its 10-year median of 1.12)
GF Value™: A$0.58 vs. price of A$0.33 (43.1% below fair value)
Industry Position: 48.8% below the Retail - Cyclical median (#425 of 901)
No single metric tells the full story. See the ASX:MHJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Michael Hill International Ltd is an Australia based specialist retail jewellery chain engaged in the sale of jewellery and related services. It operates stores in Australia, New Zealand and Canada. It derives prime revenue from Australia. The product portfolio of the company includes Rings, Earrings, Pendants and Necklaces, Bracelets, Bangles and other products.
53GF Score
Get the complete analysis for ASX:MHJ
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