Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Majestic GoldTSXV:MJS Debt-to-EBITDA is 0.69 as of Mar. 2026, which is 229% above its 10-year median of 0.21. The stock has 6 warning signs investors should review. Among 594 Metals & Mining companies, Majestic Gold ranks better than 58.59% 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 Majestic Gold's Debt-to-EBITDA or its related term are showing as below:
TSXV:MJS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.28 Med: 0.21 Max: 14.61
Current: 0.83
During the past 13 years, the highest Debt-to-EBITDA Ratio of Majestic Gold was 14.61. The lowest was -9.28. And the median was 0.21.
TSXV:MJS's Debt-to-EBITDA is ranked better than 58.59% of 594
companies
in the Metals & Mining industry
Industry Median: 1.21
vs TSXV:MJS: 0.83
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.
Majestic Gold Debt-to-EBITDA Related Terms
Majestic Gold Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Majestic Gold'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 Gold subindustry, Majestic Gold'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.
Majestic Gold Debt-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Majestic Gold's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Majestic Gold'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.
Majestic Gold (TSXV:MJS) has a Debt-to-EBITDA of 0.69 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 Majestic Gold. This is 229% above median its historical median of 0.21. According to the industry distribution chart, Majestic Gold ranks #246 out of 594 companies in the Metals & Mining industry, placing it in the top 41.4%.
Is Majestic Gold's Debt-to-EBITDA too high?
Majestic Gold's current Debt-to-EBITDA of 0.69 is 229% above median its 10-year median of 0.21. The Metals & Mining industry median Debt-to-EBITDA is 1.21. Majestic Gold's value of 0.69 is 43% below this industry median. Based on the distribution chart, Majestic Gold ranks #246 out of 594 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Majestic Gold's Debt-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Majestic Gold ranks #246 out of 594 companies for Debt-to-EBITDA. This puts Majestic Gold in the upper half of its industry. The industry median Debt-to-EBITDA is 1.21. Majestic Gold's value of 0.69 is 43% below this benchmark. While the company's 10-year median is 0.21 vs. the industry median of 1.21, Majestic Gold 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 Metals & Mining company?
The median Debt-to-EBITDA among Metals & Mining companies is 1.21, based on 594 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. Majestic Gold's current Debt-to-EBITDA of 0.69 is 43% 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 Majestic Gold. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Majestic Gold's current Debt-to-EBITDA is 0.69, which is 229% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Majestic Gold stock overvalued right now?
Based on GuruFocus' analysis, Majestic Gold (TSXV:MJS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.13, compared to a current price of C$0.10 — trading 26.9% below its estimated fair value. The current Debt-to-EBITDA is 0.69, which is 229% above median its 10-year median of 0.21 and 43% below the Metals & Mining industry median of 1.21. 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 Majestic Gold (TSXV:MJS), the current Debt-to-EBITDA is 0.69 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.
Majestic Gold Corp is a gold mining company with mining operations in China, as well as exploration and evaluation properties held directly in China and Canada. Its key mineral property interests and mining operations are located in China, comprising the Songjiagou Gold Project, its flagship project, and the Mujin Gold Project. Additionally, it holds interests in the Sunset-Sunrise Mineral Property in Canada. Majestic Gold generates the majority of its revenue through the sales of gold bullion, and to a lesser extent, from the sales of sulfur.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSXV:MJS has been successfully added to your 
