Semiconductor Manufacturing International (FRA:MKN2) Debt-to-EBITDA : 1.66 (As of Jun. 2026) — 39% Below Median

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FRA:MKN2 Semiconductor Manufacturing International Corp FRA:MKN2
77 GF Score
Price €3.40
GF Value €1.78
! 6 Warning Signs
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What is Semiconductor Manufacturing International Debt-to-EBITDA?

Semiconductor Manufacturing International FRA:MKN2 77 Debt-to-EBITDA is 1.66 as of Jun. 2026, which is 39% below its 10-year median of 2.73. GuruFocus rates FRA:MKN2 with a GF Score™ of 77/100 and a GF Value™ of €1.78. The stock has 6 warning signs investors should review. Among 733 Semiconductors companies, Semiconductor Manufacturing International ranks worse than 69.58% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Semiconductor Manufacturing International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €4,471 Mil. Semiconductor Manufacturing International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €7,698 Mil. Semiconductor Manufacturing International's annualized EBITDA for the quarter that ended in Jun. 2026 was €7,324 Mil. Semiconductor Manufacturing International's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 1.66.

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 Semiconductor Manufacturing International's Debt-to-EBITDA or its related term are showing as below:

FRA:MKN2' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.77   Med: 2.73   Max: 3.26
Current: 3.26

During the past 13 years, the highest Debt-to-EBITDA Ratio of Semiconductor Manufacturing International was 3.26. The lowest was 1.77. And the median was 2.73.

FRA:MKN2's Debt-to-EBITDA is ranked worse than
69.58% of 733 companies
in the Semiconductors industry
Industry Median: 1.43 vs FRA:MKN2: 3.26

Semiconductor Manufacturing International  (FRA:MKN2) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Semiconductor Manufacturing International Debt-to-EBITDA Related Terms


Semiconductor Manufacturing International Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Semiconductor Manufacturing International'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.

Semiconductor Manufacturing International Debt-to-EBITDA Chart

Semiconductor Manufacturing International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 1.89 2.51 2.65 2.40

Semiconductor Manufacturing International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.86 2.01 -4.77 2.53 1.66

FRA:MKN2 vs NVDA, AVGO, MU: Debt-to-EBITDA Comparison

For the Semiconductors subindustry, Semiconductor Manufacturing 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.


Semiconductor Manufacturing International Debt-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Semiconductor Manufacturing International's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Semiconductor Manufacturing International's Debt-to-EBITDA falls into.


FRA:MKN2
77GF Score
Semiconductor Manufacturing International Corp FRA:MKN2
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Semiconductor Manufacturing International Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Semiconductor Manufacturing International's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2220.887 + 8536.252) / 4488.947
=2.40

Semiconductor Manufacturing International's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4470.877 + 7697.578) / 7323.808
=1.66

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.66 mean?
Semiconductor Manufacturing International (FRA:MKN2) has a Debt-to-EBITDA of 1.66 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 Semiconductor Manufacturing International. This is 39% below median its historical median of 2.73. Over the past decade, Semiconductor Manufacturing International's Debt-to-EBITDA has ranged from 1.77 to 3.26. According to the industry distribution chart, Semiconductor Manufacturing International ranks #510 out of 733 companies in the Semiconductors industry, placing it in the top 69.6%.
Is Semiconductor Manufacturing International's Debt-to-EBITDA too high?
Semiconductor Manufacturing International's current Debt-to-EBITDA of 1.66 is 39% below median its 10-year median of 2.73. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 3.26. The Semiconductors industry median Debt-to-EBITDA is 1.43. Semiconductor Manufacturing International's value of 1.66 is 16.1% above this industry median. Based on the distribution chart, Semiconductor Manufacturing International ranks #510 out of 733 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Semiconductor Manufacturing International has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Semiconductor Manufacturing International's Debt-to-EBITDA compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Semiconductor Manufacturing International ranks #510 out of 733 companies for Debt-to-EBITDA. This places Semiconductor Manufacturing International in the lower half of its industry. The industry median Debt-to-EBITDA is 1.43. Semiconductor Manufacturing International's value of 1.66 is 16.1% above this benchmark. Historically, Semiconductor Manufacturing International's own Debt-to-EBITDA has ranged from 1.77 to 3.26 over the past decade. While the company's 10-year median is 2.73 vs. the industry median of 1.43, Semiconductor Manufacturing International has consistently been above 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 Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.43, based on 733 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. Semiconductor Manufacturing International's current Debt-to-EBITDA of 1.66 is 16.1% 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 Semiconductor Manufacturing International. For the Semiconductors industry, the median Debt-to-EBITDA is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Semiconductor Manufacturing International's current Debt-to-EBITDA is 1.66, which is 39% below median its own 10-year median of 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semiconductor Manufacturing International stock overvalued right now?
Semiconductor Manufacturing International (FRA:MKN2) has a current Debt-to-EBITDA of 1.66. The stock's GF Value™ is €1.78, compared to a current price of €3.40 — trading 91% above its estimated fair value. The current Debt-to-EBITDA is 1.66, which is 39% below median its 10-year median of 2.73 and 16.1% above the Semiconductors industry median of 1.43. Semiconductor Manufacturing International's overall GF Score™ is 77/100 with 6 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 Semiconductor Manufacturing International (FRA:MKN2), the current Debt-to-EBITDA is 1.66 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 Semiconductor Manufacturing International (FRA:MKN2) Overvalued in 2026?

Based on GuruFocus' analysis, Semiconductor Manufacturing International stock appears to be overvalued. The current stock price of €3.40 is trading 91% above its estimated GF Value™ of €1.78.

Key valuation signals for FRA:MKN2:

  • Debt-to-EBITDA: 1.66 (39% below median its 10-year median of 2.73)
  • GF Value™: €1.78 vs. price of €3.40 (91% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 16.1% above the Semiconductors median (#510 of 733)

No single metric tells the full story. See the FRA:MKN2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Semiconductor Manufacturing International Business Description

Address No. 18 Zhangjiang Road, Pudong New Area, Shanghai, CHN, 201203
Founded in 2000, Semiconductor Manufacturing International Corporation is the largest foundry in China and the third-largest globally after TSMC and Samsung Electronics, overtaking GlobalFoundries and United Microelectronics in 2024. The company's headquarters and foundry are in Shanghai, with additional foundries in Beijing, Tianjin, and Shenzhen, and offices in the United States, Europe, Japan, Taiwan, and Hong Kong. Its products are used in artificial intelligence, data centers, automotive, consumer electronics, memory, and "Internet of Things" products. SMIC employs 19,952 people as of Dec. 31, 2025.
77GF Score

Get the complete analysis for FRA:MKN2

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.40
Price
€1.78
GF Value