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MDU Resources GroupMEX:MDU 73 Debt-to-EBITDA is 3.76 as of Mar. 2026, which is 8% above its 10-year median of 3.48. GuruFocus rates MEX:MDU with a GF Score™ of 73/100 and a GF Value™ of MXN264.51. The stock has 9 warning signs investors should review. Among 449 Utilities - Regulated companies, MDU Resources Group ranks worse than 61.92% 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 MDU Resources Group's Debt-to-EBITDA or its related term are showing as below:
MEX:MDU'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.68 Med: 3.48 Max: 6.31
Current: 4.91
During the past 13 years, the highest Debt-to-EBITDA Ratio of MDU Resources Group was 6.31. The lowest was 2.68. And the median was 3.48.
MEX:MDU's Debt-to-EBITDA is ranked worse than 61.92% of 449
companies
in the Utilities - Regulated industry
Industry Median: 4.01
vs MEX:MDU: 4.91
MDU Resources Group (MEX:MDU) 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.
MDU Resources Group Debt-to-EBITDA Related Terms
MDU Resources Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for MDU Resources Group'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.
MEX:MDU vs SR, OGS, BKH: Debt-to-EBITDA Comparison
For the Utilities - Regulated Gas subindustry, MDU Resources Group'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.
MDU Resources Group Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, MDU Resources Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where MDU Resources Group'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.
MDU Resources Group (MEX:MDU) has a Debt-to-EBITDA of 3.76 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 MDU Resources Group. This is near median its historical median of 3.48. Over the past decade, MDU Resources Group's Debt-to-EBITDA has ranged from 2.68 to 6.31. According to the industry distribution chart, MDU Resources Group ranks #278 out of 449 companies in the Utilities - Regulated industry, placing it in the top 61.9%.
Is MDU Resources Group's Debt-to-EBITDA too high?
MDU Resources Group's current Debt-to-EBITDA of 3.76 is near median its 10-year median of 3.48. Over the past 10 years, this metric has ranged from a low of 2.68 to a high of 6.31. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. MDU Resources Group's value of 3.76 is 6.2% below this industry median. Based on the distribution chart, MDU Resources Group ranks #278 out of 449 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, MDU Resources Group has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does MDU Resources Group's Debt-to-EBITDA compare to SR and OGS?
According to the Utilities - Regulated industry distribution chart, MDU Resources Group ranks #278 out of 449 companies for Debt-to-EBITDA. This places MDU Resources Group in the lower half of its industry. The industry median Debt-to-EBITDA is 4.01. MDU Resources Group's value of 3.76 is 6.2% below this benchmark. Historically, MDU Resources Group's own Debt-to-EBITDA has ranged from 2.68 to 6.31 over the past decade. While the company's 10-year median is 3.48 vs. the industry median of 4.01, MDU Resources Group 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 an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.01, based on 449 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. MDU Resources Group's current Debt-to-EBITDA of 3.76 is 6.2% 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 MDU Resources Group. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MDU Resources Group's current Debt-to-EBITDA is 3.76, which is near median its own 10-year median of 3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MDU Resources Group stock overvalued right now?
MDU Resources Group (MEX:MDU) has a current Debt-to-EBITDA of 3.76. The stock's GF Value™ is MXN264.51, compared to a current price of MXN319.00 — trading 20.6% above its estimated fair value. The current Debt-to-EBITDA is 3.76, which is near median its 10-year median of 3.48 and 6.2% below the Utilities - Regulated industry median of 4.01. MDU Resources Group's overall GF Score™ is 73/100 with 9 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 MDU Resources Group (MEX:MDU), the current Debt-to-EBITDA is 3.76 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 MDU Resources Group (MEX:MDU) Overvalued in 2026?
Based on GuruFocus' analysis, MDU Resources Group stock appears to be overvalued.
The current stock price of MXN319.00 is trading 20.6% above its estimated GF Value™ of MXN264.51.
Key valuation signals for MEX:MDU:
Debt-to-EBITDA: 3.76 (near median its 10-year median of 3.48)
GF Value™: MXN264.51 vs. price of MXN319.00 (20.6% above fair value)
Industry Position: 6.2% below the Utilities - Regulated median (#278 of 449)
No single metric tells the full story. See the MEX:MDU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MDU Resources Group Inc is a pure-play regulated energy delivery business. It is organized into three reportable business segments: Electric, Natural Gas Distribution, and Pipeline. Maximum revenue is generated from the Pipeline segment, which provides natural gas transportation and underground storage services through a FERC-regulated pipeline system mainly in the Rocky Mountain and northern Great Plains regions of the United States. This segment also provides non-regulated energy-related services, including cathodic protection. The electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming, and the natural gas distribution segment distributes natural gas in those states, as well as in Idaho, Minnesota, Oregon, and Washington.
73GF Score
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