PMA (Ming Shing Group Holdings) Debt-to-EBITDA : -1.01 (As of Sep. 2025)


PMA Ming Shing Group Holdings Ltd PMA
17 GF Score
Price $1.62
! 5 Warning Signs
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What is Ming Shing Group Holdings Debt-to-EBITDA?

Ming Shing Group Holdings PMA +21.80% 17 Debt-to-EBITDA is -1.01 as of Sep. 2025. GuruFocus rates PMA with a GF Score™ of 17/100. The stock has 5 warning signs investors should review. Among 1,401 Construction companies, Ming Shing Group Holdings ranks worse than 71377.52% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Ming Shing Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $2.62 Mil. Ming Shing Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $4.79 Mil. Ming Shing Group Holdings's annualized EBITDA for the quarter that ended in Sep. 2025 was $-7.31 Mil. Ming Shing Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 was -1.01.

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 Ming Shing Group Holdings's Debt-to-EBITDA or its related term are showing as below:

PMA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.5   Med: 1.4   Max: 2.09
Current: -0.72

During the past 5 years, the highest Debt-to-EBITDA Ratio of Ming Shing Group Holdings was 2.09. The lowest was -1.50. And the median was 1.40.

PMA's Debt-to-EBITDA is ranked worse than
100% of 1401 companies
in the Construction industry
Industry Median: 2.19 vs PMA: -0.72

Ming Shing Group Holdings  (NAS:PMA) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Ming Shing Group Holdings Debt-to-EBITDA Related Terms


Ming Shing Group Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ming Shing Group Holdings'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.

Ming Shing Group Holdings Debt-to-EBITDA Chart

Ming Shing Group Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Debt-to-EBITDA
0.81 1.40 1.60 2.09 -1.50

Ming Shing Group Holdings Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.99 1.83 2.74 -0.58 -1.01

PMA vs ONEG, ZDAI, SKK: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, Ming Shing Group Holdings'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.


Ming Shing Group Holdings Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Ming Shing Group Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ming Shing Group Holdings's Debt-to-EBITDA falls into.


PMA
17GF Score
Ming Shing Group Holdings Ltd PMA
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Ming Shing Group Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Ming Shing Group Holdings's Debt-to-EBITDA for the fiscal year that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.828 + 2.914) / -5.152
=-1.50

Ming Shing Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.618 + 4.794) / -7.314
=-1.01

* 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 two times the quarterly (Sep. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -1.01 mean?
Ming Shing Group Holdings (PMA) has a Debt-to-EBITDA of -1.01 as of Sep. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Ming Shing Group Holdings. According to the industry distribution chart, Ming Shing Group Holdings ranks #999999 out of 1401 companies in the Construction industry.
Is Ming Shing Group Holdings' Debt-to-EBITDA too high?
Ming Shing Group Holdings' current Debt-to-EBITDA is -1.01. Based on the distribution chart, Ming Shing Group Holdings ranks #999999 out of 1401 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Ming Shing Group Holdings has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ming Shing Group Holdings' Debt-to-EBITDA compare to ONEG and ZDAI?
According to the Construction industry distribution chart, Ming Shing Group Holdings ranks #999999 out of 1401 companies for Debt-to-EBITDA. This places Ming Shing Group Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.19. 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.19, based on 1,401 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 Ming Shing Group Holdings. For the Construction industry, the median Debt-to-EBITDA is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ming Shing Group Holdings's current Debt-to-EBITDA is -1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ming Shing Group Holdings stock overvalued right now?
Ming Shing Group Holdings (PMA) has a current Debt-to-EBITDA of -1.01. The current Debt-to-EBITDA is -1.01. Ming Shing Group Holdings' overall GF Score™ is 17/100 with 5 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 Ming Shing Group Holdings (PMA), the current Debt-to-EBITDA is -1.01 as of Sep. 2025. 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.

Ming Shing Group Holdings Business Description

Address No. 888 Lai Chi Kok Road, Office Unit B8, 27th floor, NCB Innovation Centre, Kowloon, Hong Kong, HKG
Ming Shing Group Holdings Ltd is a holding company, which is principally operated through its indirectly wholly-owned Hong Kong Operating Subsidiaries, MS (HK) Engineering Limited and MS Engineering Co., Limited. It is engaged in wet trades works, such as plastering works, tile laying works, brick laying works, floor screeding works and marble works. the company is mainly engaged in private-sector projects in Hong Kong. Its private sector projects mainly involve private residential developments and commercial developments. The project owners of its private sector projects are generally property developers, and its customers are generally main contractors and wet trades work subcontractors engaged under such projects. It derives maximum revenue from Private sector.
17GF Score

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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.62
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