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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 Mughal Iron & Steel Industries's Debt-to-EBITDA or its related term are showing as below:
KAR:MUGHAL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.82 Med: 3.92 Max: 7.3
Current: 4.45
During the past 12 years, the highest Debt-to-EBITDA Ratio of Mughal Iron & Steel Industries was 7.30. The lowest was 2.82. And the median was 3.92.
KAR:MUGHAL's Debt-to-EBITDA is ranked worse than 64.98% of 494
companies
in the Steel industry
Industry Median: 2.87
vs KAR:MUGHAL: 4.45
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.
Mughal Iron & Steel Industries Debt-to-EBITDA Related Terms
Mughal Iron & Steel Industries 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.
Mughal Iron & Steel Industries Debt-to-EBITDA Chart
KAR:MUGHAL vs NUE, STLD, RS: Debt-to-EBITDA Comparison
For the Steel subindustry, Mughal Iron & Steel Industries'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.
Mughal Iron & Steel Industries Debt-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, Mughal Iron & Steel Industries's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Mughal Iron & Steel Industries'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.
Mughal Iron & Steel Industries (KAR:MUGHAL) has a Debt-to-EBITDA of 6.11 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 Mughal Iron & Steel Industries. This is 56% above median its historical median of 3.92. Over the past decade, Mughal Iron & Steel Industries' Debt-to-EBITDA has ranged from 2.82 to 7.30. According to the industry distribution chart, Mughal Iron & Steel Industries ranks #321 out of 494 companies in the Steel industry, placing it in the top 65%.
Is Mughal Iron & Steel Industries' Debt-to-EBITDA too high?
Mughal Iron & Steel Industries' current Debt-to-EBITDA of 6.11 is 56% above median its 10-year median of 3.92. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 7.30. The Steel industry median Debt-to-EBITDA is 2.87. Mughal Iron & Steel Industries' value of 6.11 is 112.9% above this industry median. Based on the distribution chart, Mughal Iron & Steel Industries ranks #321 out of 494 companies in the Steel industry, which is below the industry midpoint. Overall, Mughal Iron & Steel Industries has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mughal Iron & Steel Industries' Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Mughal Iron & Steel Industries ranks #321 out of 494 companies for Debt-to-EBITDA. This places Mughal Iron & Steel Industries in the lower half of its industry. The industry median Debt-to-EBITDA is 2.87. Mughal Iron & Steel Industries' value of 6.11 is 112.9% above this benchmark. Historically, Mughal Iron & Steel Industries' own Debt-to-EBITDA has ranged from 2.82 to 7.30 over the past decade. While the company's 10-year median is 3.92 vs. the industry median of 2.87, Mughal Iron & Steel Industries 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.87, based on 494 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. Mughal Iron & Steel Industries's current Debt-to-EBITDA of 6.11 is 112.9% 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 Mughal Iron & Steel Industries. For the Steel industry, the median Debt-to-EBITDA is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mughal Iron & Steel Industries's current Debt-to-EBITDA is 6.11, which is 56% above median its own 10-year median of 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mughal Iron & Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Mughal Iron & Steel Industries (KAR:MUGHAL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨67.91, compared to a current price of ₨83.14 — trading 22.4% above its estimated fair value. The current Debt-to-EBITDA is 6.11, which is 56% above median its 10-year median of 3.92 and 112.9% above the Steel industry median of 2.87. Mughal Iron & Steel Industries' overall GF Score™ is 90/100 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 Mughal Iron & Steel Industries (KAR:MUGHAL), the current Debt-to-EBITDA is 6.11 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 Mughal Iron & Steel Industries (KAR:MUGHAL) Overvalued in 2026?
Based on GuruFocus' analysis, Mughal Iron & Steel Industries stock appears to be overvalued.
The current stock price of ₨83.14 is trading 22.4% above its estimated GF Value™ of ₨67.91.
GuruFocus considers Mughal Iron & Steel Industries to be Modestly Overvalued.
Key valuation signals for KAR:MUGHAL:
Debt-to-EBITDA: 6.11 (56% above median its 10-year median of 3.92)
GF Value™: ₨67.91 vs. price of ₨83.14 (22.4% above fair value)
Industry Position: 112.9% above the Steel median (#321 of 494)
No single metric tells the full story. See the KAR:MUGHAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mughal Iron & Steel Industries Ltd is engaged in the manufacturing and trading of mild steel products. The operating segments of the company are Ferrous, Non-Ferrous, and the Energy segment. The company's main products involve Steel re-bars (G60 / Mughal Supreme), Girders, Billets, Copper ingots, and Copper granules.
90GF Score
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