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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 MIC Electronics's Debt-to-EBITDA or its related term are showing as below:
NSE:MICEL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.27 Med: 1.34 Max: 26.14
Current: 1.66
During the past 13 years, the highest Debt-to-EBITDA Ratio of MIC Electronics was 26.14. The lowest was -8.27. And the median was 1.34.
NSE:MICEL's Debt-to-EBITDA is ranked worse than 50.39% of 1808
companies
in the Hardware industry
Industry Median: 1.64
vs NSE:MICEL: 1.66
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.
MIC Electronics Debt-to-EBITDA Related Terms
MIC Electronics Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for MIC Electronics'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.
NSE:MICEL vs APH, GLW, TEL: Debt-to-EBITDA Comparison
For the Electronic Components subindustry, MIC Electronics'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.
MIC Electronics Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, MIC Electronics's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where MIC Electronics'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.
MIC Electronics (NSE:MICEL) has a Debt-to-EBITDA of 0.00 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 MIC Electronics. According to the industry distribution chart, MIC Electronics ranks #911 out of 1808 companies in the Hardware industry, placing it in the top 50.4%.
Is MIC Electronics' Debt-to-EBITDA too high?
MIC Electronics' current Debt-to-EBITDA is 0.00. Based on the distribution chart, MIC Electronics ranks #911 out of 1808 companies in the Hardware industry, which is below the industry midpoint. Overall, MIC Electronics has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MIC Electronics' Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, MIC Electronics ranks #911 out of 1808 companies for Debt-to-EBITDA. This places MIC Electronics in the lower half of its industry. The industry median Debt-to-EBITDA is 1.64. 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.64, based on 1,808 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 MIC Electronics. For the Hardware industry, the median Debt-to-EBITDA is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MIC Electronics's current Debt-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIC Electronics stock overvalued right now?
Based on GuruFocus' analysis, MIC Electronics (NSE:MICEL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹214.18, compared to a current price of ₹36.15 — trading 83.1% below its estimated fair value. The current Debt-to-EBITDA is 0.00. MIC Electronics' overall GF Score™ is 69/100 with 1 warning sign 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 MIC Electronics (NSE:MICEL), the current Debt-to-EBITDA is 0.00 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 MIC Electronics (NSE:MICEL) Overvalued in 2026?
Based on GuruFocus' analysis, MIC Electronics stock appears to be undervalued.
The current stock price of ₹36.15 is trading 83.1% below its estimated GF Value™ of ₹214.18.
GuruFocus considers MIC Electronics to be Possible Value Trap.
Key valuation signals for NSE:MICEL:
Debt-to-EBITDA: 0.00
GF Value™: ₹214.18 vs. price of ₹36.15 (83.1% below fair value)
No single metric tells the full story. See the NSE:MICEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MIC Electronics Ltd designs, develops, and manufactures light-emitting diode (LED) video displays, and other electronic components. The operating segments of the group are LED products; Medical appliances and E Vehicles. Its products include LED lighting, LED displays, Oxygen concentrators, and Batteries. The company predominantly operates in India.
69GF Score
Get the complete analysis for NSE:MICEL
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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