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MGP IngredientsMGPI +3.27%57 Debt-to-EBITDA is 3.88 as of Jun. 2026, which is 424% above its 10-year median of 0.74. GuruFocus rates MGPI with a GF Score™ of 57/100 and a GF Value™ of $25.13 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 157 Beverages - Alcoholic companies, MGP Ingredients ranks worse than 636942.04% 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 MGP Ingredients's Debt-to-EBITDA or its related term are showing as below:
MGPI'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.85 Med: 0.74 Max: 3.44
Current: -1.55
During the past 13 years, the highest Debt-to-EBITDA Ratio of MGP Ingredients was 3.44. The lowest was -3.85. And the median was 0.74.
MGPI's Debt-to-EBITDA is ranked worse than 100% of 157
companies
in the Beverages - Alcoholic industry
Industry Median: 2.27
vs MGPI: -1.55
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.
MGP Ingredients Debt-to-EBITDA Related Terms
MGP Ingredients Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for MGP Ingredients'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.
MGPI vs AGCC, SNDL, CWGL: Debt-to-EBITDA Comparison
For the Beverages - Wineries & Distilleries subindustry, MGP Ingredients'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.
MGP Ingredients Debt-to-EBITDA vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, MGP Ingredients's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where MGP Ingredients'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 (Jun. 2026) EBITDA data.
MGP Ingredients (MGPI) has a Debt-to-EBITDA of 3.88 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 MGP Ingredients. This is 424% above median its historical median of 0.74. According to the industry distribution chart, MGP Ingredients ranks #999999 out of 157 companies in the Beverages - Alcoholic industry.
Is MGP Ingredients' Debt-to-EBITDA too high?
MGP Ingredients' current Debt-to-EBITDA of 3.88 is 424% above median its 10-year median of 0.74. The Beverages - Alcoholic industry median Debt-to-EBITDA is 2.27. MGP Ingredients' value of 3.88 is 70.9% above this industry median. Based on the distribution chart, MGP Ingredients ranks #999999 out of 157 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, MGP Ingredients has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MGP Ingredients' Debt-to-EBITDA compare to AGCC and SNDL?
According to the Beverages - Alcoholic industry distribution chart, MGP Ingredients ranks #999999 out of 157 companies for Debt-to-EBITDA. This places MGP Ingredients in the lower half of its industry. The industry median Debt-to-EBITDA is 2.27. MGP Ingredients' value of 3.88 is 70.9% above this benchmark. While the company's 10-year median is 0.74 vs. the industry median of 2.27, MGP Ingredients 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 Beverages - Alcoholic company?
The median Debt-to-EBITDA among Beverages - Alcoholic companies is 2.27, based on 157 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. MGP Ingredients's current Debt-to-EBITDA of 3.88 is 70.9% 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 MGP Ingredients. For the Beverages - Alcoholic industry, the median Debt-to-EBITDA is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGP Ingredients's current Debt-to-EBITDA is 3.88, which is 424% above median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGP Ingredients stock overvalued right now?
Based on GuruFocus' analysis, MGP Ingredients (MGPI) is currently considered Possible Value Trap. The stock's GF Value™ is $25.13, compared to a current price of $17.68 — trading 29.6% below its estimated fair value. The current Debt-to-EBITDA is 3.88, which is 424% above median its 10-year median of 0.74 and 70.9% above the Beverages - Alcoholic industry median of 2.27. MGP Ingredients' overall GF Score™ is 57/100 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 MGP Ingredients (MGPI), the current Debt-to-EBITDA is 3.88 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 MGP Ingredients (MGPI) Overvalued in 2026?
Based on GuruFocus' analysis, MGP Ingredients stock appears to be undervalued.
The current stock price of $17.68 is trading 29.6% below its estimated GF Value™ of $25.13.
GuruFocus considers MGP Ingredients to be Possible Value Trap.
Key valuation signals for MGPI:
Debt-to-EBITDA: 3.88 (424% above median its 10-year median of 0.74)
GF Value™: $25.13 vs. price of $17.68 (29.6% below fair value)
Industry Position: 70.9% above the Beverages - Alcoholic median (#999999 of 157)
No single metric tells the full story. See the MGPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGP Ingredients Inc is a producer and supplier of distilled spirits, specialty wheat protein, and starch food ingredients based in the United States. It operates in three reportable segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Maximum revenue is generated from the Branded Spirits segment, which consists of a portfolio of brands that it produces through its distilleries and bottling facilities and sells to distributors or to state governments that directly control the sale of alcohol. MGP's branded spirits include various brands across numerous categories and price tiers, such as Penelope Bourbon, Yellowstone Bourbon, Minor Case Straight Rye Whiskey, Brady's Irish Cream, Exotico Tequila, Arrow Cordials, Canada House Canadian Whisky, Lady Bligh Rum, etc.
57GF Score
Get the complete analysis for MGPI
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