MFA Financial (STU:M4ZA) Debt-to-EBITDA : (As of Jun. 2026)

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STU:M4ZA MFA Financial Inc STU:M4ZA
54 GF Score
Price €7.28
GF Value €9.23
Valuation Modestly Undervalued
! 3 Warning Signs
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What is MFA Financial Debt-to-EBITDA?

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

MFA Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €1.1 Mil. MFA Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €10,204.7 Mil. MFA Financial's annualized EBITDA for the quarter that ended in Jun. 2026 was €637.5 Mil. MFA Financial's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 16.01.

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 MFA Financial's Debt-to-EBITDA or its related term are showing as below:

STU:M4ZA's Debt-to-EBITDA is not ranked *
in the REITs industry.
Industry Median: 6.32
* Ranked among companies with meaningful Debt-to-EBITDA only.

MFA Financial  (STU:M4ZA) 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.


MFA Financial Debt-to-EBITDA Related Terms


MFA Financial Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for MFA Financial'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.

MFA Financial Debt-to-EBITDA Chart

MFA Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
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MFA Financial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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STU:M4ZA vs ADAM, ARI, ABR: Debt-to-EBITDA Comparison

For the REIT - Mortgage subindustry, MFA Financial'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.


MFA Financial Debt-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, MFA Financial's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where MFA Financial's Debt-to-EBITDA falls into.


STU:M4ZA
54GF Score
MFA Financial Inc STU:M4ZA
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MFA Financial Debt-to-EBITDA Calculation

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

MFA Financial's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 9360.5049171953) / 613.36303765066
=15.26

MFA Financial's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.118691507041 + 10204.659319514) / 637.4798606938
=16.01

* 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 four times the quarterly (Jun. 2026) EBITDA data.

Is MFA Financial (STU:M4ZA) Overvalued in 2026?

Based on GuruFocus' analysis, MFA Financial stock appears to be undervalued. The current stock price of €7.28 is trading 21.1% below its estimated GF Value™ of €9.23. GuruFocus considers MFA Financial to be Modestly Undervalued.

Key valuation signals for STU:M4ZA:

  • Debt-to-EBITDA:
  • GF Value™: €9.23 vs. price of €7.28 (21.1% below fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the STU:M4ZA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MFA Financial Business Description

Industry Real EstateREITs
Address One Vanderbilt Avenue, 48th Floor, New York, NY, USA, 10017
MFA Financial Inc is a specialty finance company that invests in and finances residential mortgage assets. Its principal business objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals. The company selectively invests in residential mortgage assets with a focus on credit analysis, projected prepayment rates, interest rate sensitivity and expected return. The company's reportable segments include mortgage-related assets; and Lima One.
54GF Score

Get the complete analysis for STU:M4ZA

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

€7.28
Price
€9.23
GF Value