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Mayville Engineering CoMEC -4.86%68 Debt-to-EBITDA is 19.42 as of Mar. 2026, which is 674% above its 10-year median of 2.51. GuruFocus rates MEC with a GF Score™ of 68/100 and a GF Value™ of $15.57 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,330 Industrial Products companies, Mayville Engineering Co ranks worse than 87.73% 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 Mayville Engineering Co's Debt-to-EBITDA or its related term are showing as below:
MEC'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.34 Med: 2.51 Max: 8.24
Current: 8.24
During the past 9 years, the highest Debt-to-EBITDA Ratio of Mayville Engineering Co was 8.24. The lowest was 1.34. And the median was 2.51.
MEC's Debt-to-EBITDA is ranked worse than 87.73% of 2330
companies
in the Industrial Products industry
Industry Median: 1.7
vs MEC: 8.24
Mayville Engineering Co (NYSE: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.
Mayville Engineering Co Debt-to-EBITDA Related Terms
Mayville Engineering Co 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 Metal Fabrication subindustry, Mayville Engineering 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.
Mayville Engineering Co Debt-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mayville Engineering Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Mayville Engineering 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.
Mayville Engineering Co (MEC) has a Debt-to-EBITDA of 19.42 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 Mayville Engineering Co. This is 674% above median its historical median of 2.51. Over the past decade, Mayville Engineering Co's Debt-to-EBITDA has ranged from 1.34 to 8.24. According to the industry distribution chart, Mayville Engineering Co ranks #2044 out of 2330 companies in the Industrial Products industry, placing it in the top 87.7%.
Is Mayville Engineering Co's Debt-to-EBITDA too high?
Mayville Engineering Co's current Debt-to-EBITDA of 19.42 is 674% above median its 10-year median of 2.51. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 8.24. The Industrial Products industry median Debt-to-EBITDA is 1.70. Mayville Engineering Co's value of 19.42 is 1042.4% above this industry median. Based on the distribution chart, Mayville Engineering Co ranks #2044 out of 2330 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Mayville Engineering Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mayville Engineering Co's Debt-to-EBITDA compare to IIIN and RYZ?
According to the Industrial Products industry distribution chart, Mayville Engineering Co ranks #2044 out of 2330 companies for Debt-to-EBITDA. This places Mayville Engineering Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.70. Mayville Engineering Co's value of 19.42 is 1042.4% above this benchmark. Historically, Mayville Engineering Co's own Debt-to-EBITDA has ranged from 1.34 to 8.24 over the past decade. While the company's 10-year median is 2.51 vs. the industry median of 1.70, Mayville Engineering Co 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.70, based on 2,330 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. Mayville Engineering Co's current Debt-to-EBITDA of 19.42 is 1042.4% 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 Mayville Engineering Co. For the Industrial Products industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayville Engineering Co's current Debt-to-EBITDA is 19.42, which is 674% above median its own 10-year median of 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayville Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Mayville Engineering Co (MEC) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.57, compared to a current price of $30.92 — trading 98.6% above its estimated fair value. The current Debt-to-EBITDA is 19.42, which is 674% above median its 10-year median of 2.51 and 1042.4% above the Industrial Products industry median of 1.70. Mayville Engineering Co's overall GF Score™ is 68/100 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 Mayville Engineering Co (MEC), the current Debt-to-EBITDA is 19.42 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 Mayville Engineering Co (MEC) Overvalued in 2026?
Based on GuruFocus' analysis, Mayville Engineering Co stock appears to be overvalued.
The current stock price of $30.92 is trading 98.6% above its estimated GF Value™ of $15.57.
GuruFocus considers Mayville Engineering Co to be Significantly Overvalued.
Key valuation signals for MEC:
Debt-to-EBITDA: 19.42 (674% above median its 10-year median of 2.51)
GF Value™: $15.57 vs. price of $30.92 (98.6% above fair value)
Industry Position: 1042.4% above the Industrial Products median (#2044 of 2330)
No single metric tells the full story. See the MEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mayville Engineering Co Inc is involved in a manufacturing partner providing a full suite of manufacturing solutions from concept to production, including design, prototyping and tooling, fabrication, aluminum extrusion, coating, assembly, and aftermarket components. Its customers operate in diverse end markets, including heavy- and medium-duty commercial vehicles, construction, powersports, agriculture, military, and other end markets. Its services comprise stamping, shearing, fiber laser cutting, forming, drilling, tapping, grinding, tube bending, machining, welding, assembly, and logistic services.
68GF Score
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