Mermaid Maritime PCLMMMPF +2.56%47 Debt-to-EBITDA is 14.63 as of Mar. 2026, which is 533% above its 10-year median of 2.31. GuruFocus rates MMMPF with a GF Score™ of 47/100 and a GF Value™ of $0.06 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 701 Oil & Gas companies, Mermaid Maritime PCL ranks worse than 54.07% 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 Mermaid Maritime PCL's Debt-to-EBITDA or its related term are showing as below:
MMMPF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -52.54 Med: 2.31 Max: 34.67
Current: 2.28
During the past 13 years, the highest Debt-to-EBITDA Ratio of Mermaid Maritime PCL was 34.67. The lowest was -52.54. And the median was 2.31.
MMMPF's Debt-to-EBITDA is ranked worse than 54.07% of 701
companies
in the Oil & Gas industry
Industry Median: 2.02
vs MMMPF: 2.28
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.
Mermaid Maritime PCL Debt-to-EBITDA Related Terms
Mermaid Maritime PCL Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Mermaid Maritime PCL'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.
For the Oil & Gas Equipment & Services subindustry, Mermaid Maritime PCL'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.
Mermaid Maritime PCL Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Mermaid Maritime PCL's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Mermaid Maritime PCL'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.
Mermaid Maritime PCL (MMMPF) has a Debt-to-EBITDA of 14.63 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 Mermaid Maritime PCL. This is 533% above median its historical median of 2.31. According to the industry distribution chart, Mermaid Maritime PCL ranks #379 out of 701 companies in the Oil & Gas industry, placing it in the top 54.1%.
Is Mermaid Maritime PCL's Debt-to-EBITDA too high?
Mermaid Maritime PCL's current Debt-to-EBITDA of 14.63 is 533% above median its 10-year median of 2.31. The Oil & Gas industry median Debt-to-EBITDA is 2.02. Mermaid Maritime PCL's value of 14.63 is 624.3% above this industry median. Based on the distribution chart, Mermaid Maritime PCL ranks #379 out of 701 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Mermaid Maritime PCL has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mermaid Maritime PCL's Debt-to-EBITDA compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Mermaid Maritime PCL ranks #379 out of 701 companies for Debt-to-EBITDA. This places Mermaid Maritime PCL in the lower half of its industry. The industry median Debt-to-EBITDA is 2.02. Mermaid Maritime PCL's value of 14.63 is 624.3% above this benchmark. While the company's 10-year median is 2.31 vs. the industry median of 2.02, Mermaid Maritime PCL 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 Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.02, based on 701 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. Mermaid Maritime PCL's current Debt-to-EBITDA of 14.63 is 624.3% 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 Mermaid Maritime PCL. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mermaid Maritime PCL's current Debt-to-EBITDA is 14.63, which is 533% above median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mermaid Maritime PCL stock overvalued right now?
Based on GuruFocus' analysis, Mermaid Maritime PCL (MMMPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.08 — trading 33.3% above its estimated fair value. The current Debt-to-EBITDA is 14.63, which is 533% above median its 10-year median of 2.31 and 624.3% above the Oil & Gas industry median of 2.02. Mermaid Maritime PCL's overall GF Score™ is 47/100 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 Mermaid Maritime PCL (MMMPF), the current Debt-to-EBITDA is 14.63 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 Mermaid Maritime PCL (MMMPF) Overvalued in 2026?
Based on GuruFocus' analysis, Mermaid Maritime PCL stock appears to be overvalued.
The current stock price of $0.08 is trading 33.3% above its estimated GF Value™ of $0.06.
GuruFocus considers Mermaid Maritime PCL to be Significantly Overvalued.
Key valuation signals for MMMPF:
Debt-to-EBITDA: 14.63 (533% above median its 10-year median of 2.31)
GF Value™: $0.06 vs. price of $0.08 (33.3% above fair value)
Industry Position: 624.3% above the Oil & Gas median (#379 of 701)
No single metric tells the full story. See the MMMPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mermaid Maritime PCL is a subsea and offshore drilling services company. It provides full turnkey services to oil and gas majors operating offshore such as subsea vessels, specialized diving equipment, remotely operated vehicles, and drilling and accommodation rigs. Its segments are the Subsea Group and Holding. The Subsea group, which is the key revenue driver, provides services including inspection, repair, and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The company has a presence across the world and Saudi Arabia is the highest income generator.
47GF Score
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