MFO (WAR:MFO) Debt-to-EBITDA : 3.43 (As of Mar. 2026) — 193% Above Median

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WAR:MFO MFO SA WAR:MFO
72 GF Score
Price zł30.00
GF Value zł34.65
Valuation Modestly Undervalued
! 7 Warning Signs
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What is MFO Debt-to-EBITDA?

MFO WAR:MFO +1.35% 72 Debt-to-EBITDA is 3.43 as of Mar. 2026, which is 193% above its 10-year median of 1.17. GuruFocus rates WAR:MFO with a GF Score™ of 72/100 and a GF Value™ of zł34.65 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,328 Industrial Products companies, MFO ranks worse than 72.25% on this metric.

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

MFO's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was zł39.6 Mil. MFO's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was zł70.2 Mil. MFO's annualized EBITDA for the quarter that ended in Mar. 2026 was zł32.0 Mil. MFO's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.43.

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

WAR:MFO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.29   Med: 1.17   Max: 83.12
Current: 3.82

During the past 13 years, the highest Debt-to-EBITDA Ratio of MFO was 83.12. The lowest was 0.29. And the median was 1.17.

WAR:MFO's Debt-to-EBITDA is ranked worse than
72.25% of 2328 companies
in the Industrial Products industry
Industry Median: 1.71 vs WAR:MFO: 3.82

MFO  (WAR:MFO) 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.


MFO Debt-to-EBITDA Related Terms


MFO Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for MFO'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.

MFO Debt-to-EBITDA Chart

MFO Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.93 83.12 3.49 4.10

MFO Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.75 2.58 2.89 7.82 3.43

WAR:MFO vs CRS, ATI, MLI: Debt-to-EBITDA Comparison

For the Metal Fabrication subindustry, MFO'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.


MFO Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MFO's Debt-to-EBITDA distribution charts can be found below:

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


WAR:MFO
72GF Score
MFO SA WAR:MFO
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MFO Debt-to-EBITDA Calculation

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

MFO'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
=(50.147 + 64.827) / 28.056
=4.10

MFO's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(39.62 + 70.179) / 32.04
=3.43

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.43 mean?
MFO (WAR:MFO) has a Debt-to-EBITDA of 3.43 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 MFO. This is 193% above median its historical median of 1.17. Over the past decade, MFO's Debt-to-EBITDA has ranged from 0.29 to 83.12. According to the industry distribution chart, MFO ranks #1682 out of 2328 companies in the Industrial Products industry, placing it in the top 72.3%.
Is MFO's Debt-to-EBITDA too high?
MFO's current Debt-to-EBITDA of 3.43 is 193% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 83.12. The Industrial Products industry median Debt-to-EBITDA is 1.71. MFO's value of 3.43 is 100.6% above this industry median. Based on the distribution chart, MFO ranks #1682 out of 2328 companies in the Industrial Products industry, which is below the industry midpoint. Overall, MFO has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MFO's Debt-to-EBITDA compare to CRS and ATI?
According to the Industrial Products industry distribution chart, MFO ranks #1682 out of 2328 companies for Debt-to-EBITDA. This places MFO in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. MFO's value of 3.43 is 100.6% above this benchmark. Historically, MFO's own Debt-to-EBITDA has ranged from 0.29 to 83.12 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.71, MFO has consistently been above 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.71, based on 2,328 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. MFO's current Debt-to-EBITDA of 3.43 is 100.6% above 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 MFO. For the Industrial Products industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MFO's current Debt-to-EBITDA is 3.43, which is 193% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFO stock overvalued right now?
Based on GuruFocus' analysis, MFO (WAR:MFO) is currently considered Modestly Undervalued. The stock's GF Value™ is zł34.65, compared to a current price of zł30.00 — trading 13.4% below its estimated fair value. The current Debt-to-EBITDA is 3.43, which is 193% above median its 10-year median of 1.17 and 100.6% above the Industrial Products industry median of 1.71. MFO's overall GF Score™ is 72/100 with 7 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 MFO (WAR:MFO), the current Debt-to-EBITDA is 3.43 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.

Is MFO (WAR:MFO) Overvalued in 2026?

Based on GuruFocus' analysis, MFO stock appears to be undervalued. The current stock price of zł30.00 is trading 13.4% below its estimated GF Value™ of zł34.65. GuruFocus considers MFO to be Modestly Undervalued.

Key valuation signals for WAR:MFO:

  • Debt-to-EBITDA: 3.43 (193% above median its 10-year median of 1.17)
  • GF Value™: zł34.65 vs. price of zł30.00 (13.4% below fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 100.6% above the Industrial Products median (#1682 of 2328)

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


MFO Business Description

Address Kozuszki Parcel 70 A, Sochaczew, POL, 96-500
MFO SA is a producer of special steel profiles, reinforcements for PVC window joinery and drywall framing steel profiles. The company's products are used in PVC windows, furniture industry, roller shutters, drywall framing profiles, installations, electrical installations, semi-trailers and truck bodies, rack systems, technical flooring systems, fencing systems and gates, ventilation and air conditioning, scaffolds and photovoltaic systems.
72GF Score

Get the complete analysis for WAR:MFO

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

zł30.00
Price
zł34.65
GF Value