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Meiko Electronics CoFRA:MEC -2.31%77 Debt-to-EBITDA is 1.37 as of Mar. 2026, which is 63% below its 10-year median of 3.73. GuruFocus rates FRA:MEC with a GF Score™ of 77/100 and a GF Value™ of €48.33 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,794 Hardware companies, Meiko Electronics Co ranks worse than 63.55% 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 Meiko Electronics Co's Debt-to-EBITDA or its related term are showing as below:
FRA:MEC'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.7 Med: 3.73 Max: 6.37
Current: 2.83
During the past 13 years, the highest Debt-to-EBITDA Ratio of Meiko Electronics Co was 6.37. The lowest was 2.70. And the median was 3.73.
FRA:MEC's Debt-to-EBITDA is ranked worse than 63.55% of 1794
companies
in the Hardware industry
Industry Median: 1.71
vs FRA:MEC: 2.83
Meiko Electronics Co (FRA:MEC) 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.
Meiko Electronics Co Debt-to-EBITDA Related Terms
Meiko Electronics Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Meiko Electronics Co'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 Electronic Components subindustry, Meiko Electronics Co'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.
Meiko Electronics Co Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Meiko Electronics Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Meiko Electronics Co'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 (Mar. 2026) EBITDA data.
Meiko Electronics Co (FRA:MEC) has a Debt-to-EBITDA of 1.37 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 Meiko Electronics Co. This is 63% below median its historical median of 3.73. Over the past decade, Meiko Electronics Co's Debt-to-EBITDA has ranged from 2.70 to 6.37. According to the industry distribution chart, Meiko Electronics Co ranks #1140 out of 1794 companies in the Hardware industry, placing it in the top 63.5%.
Is Meiko Electronics Co's Debt-to-EBITDA too high?
Meiko Electronics Co's current Debt-to-EBITDA of 1.37 is 63% below median its 10-year median of 3.73. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 6.37. The Hardware industry median Debt-to-EBITDA is 1.71. Meiko Electronics Co's value of 1.37 is 19.9% below this industry median. Based on the distribution chart, Meiko Electronics Co ranks #1140 out of 1794 companies in the Hardware industry, which is below the industry midpoint. Overall, Meiko Electronics Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiko Electronics Co's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Meiko Electronics Co ranks #1140 out of 1794 companies for Debt-to-EBITDA. This places Meiko Electronics Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. Meiko Electronics Co's value of 1.37 is 19.9% below this benchmark. Historically, Meiko Electronics Co's own Debt-to-EBITDA has ranged from 2.70 to 6.37 over the past decade. While the company's 10-year median is 3.73 vs. the industry median of 1.71, Meiko Electronics Co 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.71, based on 1,794 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. Meiko Electronics Co's current Debt-to-EBITDA of 1.37 is 19.9% 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 Meiko Electronics Co. For the Hardware industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiko Electronics Co's current Debt-to-EBITDA is 1.37, which is 63% below median its own 10-year median of 3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiko Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Meiko Electronics Co (FRA:MEC) is currently considered Significantly Overvalued. The stock's GF Value™ is €48.33, compared to a current price of €127.00 — trading 162.8% above its estimated fair value. The current Debt-to-EBITDA is 1.37, which is 63% below median its 10-year median of 3.73 and 19.9% below the Hardware industry median of 1.71. Meiko Electronics Co's overall GF Score™ is 77/100 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 Meiko Electronics Co (FRA:MEC), the current Debt-to-EBITDA is 1.37 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 Meiko Electronics Co (FRA:MEC) Overvalued in 2026?
Based on GuruFocus' analysis, Meiko Electronics Co stock appears to be overvalued.
The current stock price of €127.00 is trading 162.8% above its estimated GF Value™ of €48.33.
GuruFocus considers Meiko Electronics Co to be Significantly Overvalued.
Key valuation signals for FRA:MEC:
Debt-to-EBITDA: 1.37 (63% below median its 10-year median of 3.73)
GF Value™: €48.33 vs. price of €127.00 (162.8% above fair value)
Industry Position: 19.9% below the Hardware median (#1140 of 1794)
No single metric tells the full story. See the FRA:MEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiko Electronics Co Ltd is a Japan-based company. The company is engaged in manufacturing of anyLayer high density interconnect, high heat dissipation printed circuit boards (PCBs) and high electric current PCBs, solder stencils, electronic manufacturing services, industrial equipment, and imaging equipment. The company operates in one business segment that is Printed Circuit Boards. Geographically the company exports its products to Asia, North America, Europe, and Other regions.
77GF Score
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