Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 Matthews International's Debt-to-EBITDA or its related term are showing as below:
MATW'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.16 Med: 5 Max: 31.67
Current: 3.16
During the past 13 years, the highest Debt-to-EBITDA Ratio of Matthews International was 31.67. The lowest was 3.16. And the median was 5.00.
MATW's Debt-to-EBITDA is ranked worse than 54.59% of 458
companies
in the Conglomerates industry
Industry Median: 2.73
vs MATW: 3.16
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.
Matthews International Debt-to-EBITDA Related Terms
Matthews International Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Matthews 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.
MATW vs CODI, DLX, FBYD: Debt-to-EBITDA Comparison
For the Conglomerates subindustry, Matthews 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.
Matthews International Debt-to-EBITDA vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Matthews International's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Matthews 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 four times the quarterly (Mar. 2026) EBITDA data.
Matthews International (MATW) has a Debt-to-EBITDA of -24.44 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 Matthews International. Over the past decade, Matthews International's Debt-to-EBITDA has ranged from 3.16 to 31.67. According to the industry distribution chart, Matthews International ranks #250 out of 458 companies in the Conglomerates industry, placing it in the top 54.6%.
Is Matthews International's Debt-to-EBITDA too high?
Matthews International's current Debt-to-EBITDA is -24.44. Over the past 10 years, this metric has ranged from a low of 3.16 to a high of 31.67. Based on the distribution chart, Matthews International ranks #250 out of 458 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Matthews International has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Matthews International's Debt-to-EBITDA compare to CODI and DLX?
According to the Conglomerates industry distribution chart, Matthews International ranks #250 out of 458 companies for Debt-to-EBITDA. This places Matthews International in the lower half of its industry. The industry median Debt-to-EBITDA is 2.73. Historically, Matthews International's own Debt-to-EBITDA has ranged from 3.16 to 31.67 over the past decade. 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 Conglomerates company?
The median Debt-to-EBITDA among Conglomerates companies is 2.73, based on 458 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. 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 Matthews International. For the Conglomerates industry, the median Debt-to-EBITDA is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matthews International's current Debt-to-EBITDA is -24.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matthews International stock overvalued right now?
Based on GuruFocus' analysis, Matthews International (MATW) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.15, compared to a current price of $27.75 — trading 61.8% above its estimated fair value. The current Debt-to-EBITDA is -24.44. Matthews International's overall GF Score™ is 62/100 with 7 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 Matthews International (MATW), the current Debt-to-EBITDA is -24.44 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 Matthews International (MATW) Overvalued in 2026?
Based on GuruFocus' analysis, Matthews International stock appears to be overvalued.
The current stock price of $27.75 is trading 61.8% above its estimated GF Value™ of $17.15.
GuruFocus considers Matthews International to be Significantly Overvalued.
Key valuation signals for MATW:
Debt-to-EBITDA: -24.44
GF Value™: $17.15 vs. price of $27.75 (61.8% above fair value)
No single metric tells the full story. See the MATW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Matthews International Corp is a provider of memorialization products, industrial technologies and brand solutions. The company's segments are Memorialization, Industrial Technologies and Brand Solutions. The memorialization offerings include bronze and granite memorials, caskets, and cremation-related products and equipment for cemeteries and funeral homes. Its Industrial Technologies segment designs, manufactures, services, and sells custom energy storage systems and product identification and warehouse automation solutions. The Brand Solutions segment provides brand management, pre-media, printing plates and cylinders, imaging, digital asset management, merchandising displays, and marketing and design services. The majority of revenue is generated by Memorialization.
62GF Score
Get the complete analysis for MATW
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MATW has been successfully added to your 
