Mostostal Warszawa (WAR:MSW) Debt-to-EBITDA : 4.27 (As of Mar. 2026) — 32% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

WAR:MSW Mostostal Warszawa SA WAR:MSW
54 GF Score
Price zł3.16
GF Value zł5.11
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Mostostal Warszawa Debt-to-EBITDA?

Mostostal Warszawa WAR:MSW -4.53% 54 Debt-to-EBITDA is 4.27 as of Mar. 2026, which is 32% above its 10-year median of 3.23. GuruFocus rates WAR:MSW with a GF Score™ of 54/100 and a GF Value™ of zł5.11 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,405 Construction companies, Mostostal Warszawa ranks worse than 71174.31% on this metric.

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

Mostostal Warszawa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was zł181 Mil. Mostostal Warszawa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was zł105 Mil. Mostostal Warszawa's annualized EBITDA for the quarter that ended in Mar. 2026 was zł67 Mil. Mostostal Warszawa's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 4.27.

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

WAR:MSW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -57.13   Med: 3.23   Max: 7.59
Current: -20.61

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mostostal Warszawa was 7.59. The lowest was -57.13. And the median was 3.23.

WAR:MSW's Debt-to-EBITDA is ranked worse than
100% of 1405 companies
in the Construction industry
Industry Median: 2.14 vs WAR:MSW: -20.61

Mostostal Warszawa  (WAR:MSW) 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.


Mostostal Warszawa Debt-to-EBITDA Related Terms


Mostostal Warszawa Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Mostostal Warszawa'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.

Mostostal Warszawa Debt-to-EBITDA Chart

Mostostal Warszawa 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 2.71 3.37 2.69 3.08 -57.13

Mostostal Warszawa 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 1.83 1.49 1.56 -0.53 4.27

WAR:MSW vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, Mostostal Warszawa'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.


Mostostal Warszawa Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Mostostal Warszawa's Debt-to-EBITDA distribution charts can be found below:

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


WAR:MSW
54GF Score
Mostostal Warszawa SA WAR:MSW
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mostostal Warszawa Debt-to-EBITDA Calculation

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

Mostostal Warszawa'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
=(99.978 + 105.341) / -3.594
=-57.13

Mostostal Warszawa'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
=(180.793 + 105.09) / 66.908
=4.27

* 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 4.27 mean?
Mostostal Warszawa (WAR:MSW) has a Debt-to-EBITDA of 4.27 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 Mostostal Warszawa. This is 32% above median its historical median of 3.23. According to the industry distribution chart, Mostostal Warszawa ranks #999999 out of 1405 companies in the Construction industry.
Is Mostostal Warszawa's Debt-to-EBITDA too high?
Mostostal Warszawa's current Debt-to-EBITDA of 4.27 is 32% above median its 10-year median of 3.23. The Construction industry median Debt-to-EBITDA is 2.14. Mostostal Warszawa's value of 4.27 is 99.5% above this industry median. Based on the distribution chart, Mostostal Warszawa ranks #999999 out of 1405 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Mostostal Warszawa has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mostostal Warszawa's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Mostostal Warszawa ranks #999999 out of 1405 companies for Debt-to-EBITDA. This places Mostostal Warszawa in the lower half of its industry. The industry median Debt-to-EBITDA is 2.14. Mostostal Warszawa's value of 4.27 is 99.5% above this benchmark. While the company's 10-year median is 3.23 vs. the industry median of 2.14, Mostostal Warszawa 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 a Construction company?
The median Debt-to-EBITDA among Construction companies is 2.14, based on 1,405 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. Mostostal Warszawa's current Debt-to-EBITDA of 4.27 is 99.5% 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 Mostostal Warszawa. For the Construction industry, the median Debt-to-EBITDA is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mostostal Warszawa's current Debt-to-EBITDA is 4.27, which is 32% above median its own 10-year median of 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mostostal Warszawa stock overvalued right now?
Based on GuruFocus' analysis, Mostostal Warszawa (WAR:MSW) is currently considered Possible Value Trap. The stock's GF Value™ is zł5.11, compared to a current price of zł3.16 — trading 38.2% below its estimated fair value. The current Debt-to-EBITDA is 4.27, which is 32% above median its 10-year median of 3.23 and 99.5% above the Construction industry median of 2.14. Mostostal Warszawa's overall GF Score™ is 54/100 with 6 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 Mostostal Warszawa (WAR:MSW), the current Debt-to-EBITDA is 4.27 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 Mostostal Warszawa (WAR:MSW) Overvalued in 2026?

Based on GuruFocus' analysis, Mostostal Warszawa stock appears to be undervalued. The current stock price of zł3.16 is trading 38.2% below its estimated GF Value™ of zł5.11. GuruFocus considers Mostostal Warszawa to be Possible Value Trap.

Key valuation signals for WAR:MSW:

  • Debt-to-EBITDA: 4.27 (32% above median its 10-year median of 3.23)
  • GF Value™: zł5.11 vs. price of zł3.16 (38.2% below fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 99.5% above the Construction median (#999999 of 1405)

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


Mostostal Warszawa Business Description

Address Ul. Konstruktorska 12A, Warszawa, POL, 02-673
Mostostal Warszawa SA is a Poland based construction company. It operates as the general contractor and undertakes construction activities in the areas of general, industrial, environmental, energy, infrastructural and road. General construction includes commercial construction like residential buildings and housing developments, office facilities, public buildings, production halls, and warehouses. Industrial construction encompasses the development of large-scale industrial projects. Infrastructural and road construction consists of the construction of bridges, overpasses, multi-level crossings and underground structures. Environmental construction consists of the execution and supply of equipment related to environmental protection, including turnkey energy facilities.
54GF Score

Get the complete analysis for WAR:MSW

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

zł3.16
Price
zł5.11
GF Value