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Merko Ehitus ASSTU:MKS -0.56%70 Debt-to-EBITDA is 1.68 as of Jun. 2026, which is 3% below its 10-year median of 1.73. GuruFocus rates STU:MKS with a GF Score™ of 70/100 and a GF Value™ of €13.39 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,398 Construction companies, Merko Ehitus AS ranks better than 52.29% 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 Merko Ehitus AS's Debt-to-EBITDA or its related term are showing as below:
STU:MKS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.41 Med: 1.73 Max: 4.04
Current: 1.89
During the past 13 years, the highest Debt-to-EBITDA Ratio of Merko Ehitus AS was 4.04. The lowest was 0.41. And the median was 1.73.
STU:MKS's Debt-to-EBITDA is ranked better than 52.29% of 1398
companies
in the Construction industry
Industry Median: 2.1
vs STU:MKS: 1.89
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.
Merko Ehitus AS Debt-to-EBITDA Related Terms
Merko Ehitus AS Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Merko Ehitus AS'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.
STU:MKS vs PWR, FIX, EME: Debt-to-EBITDA Comparison
For the Engineering & Construction subindustry, Merko Ehitus AS'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.
Merko Ehitus AS Debt-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, Merko Ehitus AS's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Merko Ehitus AS'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.
Merko Ehitus AS (STU:MKS) has a Debt-to-EBITDA of 1.68 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 Merko Ehitus AS. This is near median its historical median of 1.73. Over the past decade, Merko Ehitus AS's Debt-to-EBITDA has ranged from 0.41 to 4.04. According to the industry distribution chart, Merko Ehitus AS ranks #667 out of 1398 companies in the Construction industry, placing it in the top 47.7%.
Is Merko Ehitus AS's Debt-to-EBITDA too high?
Merko Ehitus AS's current Debt-to-EBITDA of 1.68 is near median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 4.04. The Construction industry median Debt-to-EBITDA is 2.10. Merko Ehitus AS's value of 1.68 is 20% below this industry median. Based on the distribution chart, Merko Ehitus AS ranks #667 out of 1398 companies in the Construction industry, which is above the industry midpoint. Overall, Merko Ehitus AS has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Merko Ehitus AS's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Merko Ehitus AS ranks #667 out of 1398 companies for Debt-to-EBITDA. This puts Merko Ehitus AS in the upper half of its industry. The industry median Debt-to-EBITDA is 2.10. Merko Ehitus AS's value of 1.68 is 20% below this benchmark. Historically, Merko Ehitus AS's own Debt-to-EBITDA has ranged from 0.41 to 4.04 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 2.10, Merko Ehitus AS has consistently been below 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.10, based on 1,398 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. Merko Ehitus AS's current Debt-to-EBITDA of 1.68 is 20% below 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 Merko Ehitus AS. For the Construction industry, the median Debt-to-EBITDA is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merko Ehitus AS's current Debt-to-EBITDA is 1.68, which is near median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merko Ehitus AS stock overvalued right now?
Based on GuruFocus' analysis, Merko Ehitus AS (STU:MKS) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.39, compared to a current price of €26.50 — trading 97.9% above its estimated fair value. The current Debt-to-EBITDA is 1.68, which is near median its 10-year median of 1.73 and 20% below the Construction industry median of 2.10. Merko Ehitus AS's overall GF Score™ is 70/100 with 9 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 Merko Ehitus AS (STU:MKS), the current Debt-to-EBITDA is 1.68 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 Merko Ehitus AS (STU:MKS) Overvalued in 2026?
Based on GuruFocus' analysis, Merko Ehitus AS stock appears to be overvalued.
The current stock price of €26.50 is trading 97.9% above its estimated GF Value™ of €13.39.
GuruFocus considers Merko Ehitus AS to be Significantly Overvalued.
Key valuation signals for STU:MKS:
Debt-to-EBITDA: 1.68 (near median its 10-year median of 1.73)
GF Value™: €13.39 vs. price of €26.50 (97.9% above fair value)
Industry Position: 20% below the Construction median (#667 of 1398)
No single metric tells the full story. See the STU:MKS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merko Ehitus AS is a construction company. The company is engaged in the business of general contracting of construction and on providing complete solutions in professional construction and real estate development. The company operates under two reportable segments: construction service and real estate development. Construction service contributes to the majority of the revenue. The Construction service segment includes all projects of the home markets in general construction, civil engineering, electrical construction and concrete works services. The firm operates mainly in Estonia, Lithuania, Latvia, and Norway. Geographically, the company generates the majority of its revenue from Estonia.
70GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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