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Macmahon HoldingsASX:MAH +2.63%58 Debt-to-Equity is 0.59 as of Dec. 2025, which is 9% above its 10-year median of 0.54. GuruFocus rates ASX:MAH with a GF Score™ of 58/100 and a GF Value™ of A$0.36 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,218 Metals & Mining companies, Macmahon Holdings ranks worse than 77.5% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Macmahon Holdings's Debt-to-Equity or its related term are showing as below:
ASX:MAH'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.54 Max: 0.77
Current: 0.59
During the past 13 years, the highest Debt-to-Equity Ratio of Macmahon Holdings was 0.77. The lowest was 0.00. And the median was 0.54.
ASX:MAH's Debt-to-Equity is ranked worse than 77.5% of 1218
companies
in the Metals & Mining industry
Industry Median: 0.15
vs ASX:MAH: 0.59
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Macmahon Holdings Debt-to-Equity Related Terms
Macmahon Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Macmahon Holdings's Debt-to-Equity 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 Other Industrial Metals & Mining subindustry, Macmahon Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Macmahon Holdings Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Macmahon Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Macmahon Holdings's Debt-to-Equity 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.
Macmahon Holdings (ASX:MAH) has a Debt-to-Equity of 0.59 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Macmahon Holdings and its competitors. This is near median its historical median of 0.54. According to the industry distribution chart, Macmahon Holdings ranks #944 out of 1218 companies in the Metals & Mining industry, placing it in the top 77.5%.
Is Macmahon Holdings' Debt-to-Equity too high?
Macmahon Holdings' current Debt-to-Equity of 0.59 is near median its 10-year median of 0.54. The Metals & Mining industry median Debt-to-Equity is 0.15. Macmahon Holdings' value of 0.59 is 293.3% above this industry median. Based on the distribution chart, Macmahon Holdings ranks #944 out of 1218 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Macmahon Holdings has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macmahon Holdings' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Macmahon Holdings ranks #944 out of 1218 companies for Debt-to-Equity. This places Macmahon Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.15. Macmahon Holdings' value of 0.59 is 293.3% above this benchmark. While the company's 10-year median is 0.54 vs. the industry median of 0.15, Macmahon Holdings 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-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,218 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Macmahon Holdings's current Debt-to-Equity of 0.59 is 293.3% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Macmahon Holdings and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macmahon Holdings's current Debt-to-Equity is 0.59, which is near median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macmahon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Macmahon Holdings (ASX:MAH) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.36, compared to a current price of A$0.98 — trading 170.8% above its estimated fair value. The current Debt-to-Equity is 0.59, which is near median its 10-year median of 0.54 and 293.3% above the Metals & Mining industry median of 0.15. Macmahon Holdings' overall GF Score™ is 58/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Macmahon Holdings (ASX:MAH), the current Debt-to-Equity is 0.59 as of Dec. 2025. 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 Macmahon Holdings (ASX:MAH) Overvalued in 2026?
Based on GuruFocus' analysis, Macmahon Holdings stock appears to be overvalued.
The current stock price of A$0.98 is trading 170.8% above its estimated GF Value™ of A$0.36.
GuruFocus considers Macmahon Holdings to be Significantly Overvalued.
Key valuation signals for ASX:MAH:
Debt-to-Equity: 0.59 (near median its 10-year median of 0.54)
GF Value™: A$0.36 vs. price of A$0.98 (170.8% above fair value)
Industry Position: 293.3% above the Metals & Mining median (#944 of 1218)
No single metric tells the full story. See the ASX:MAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Macmahon Holdings Ltd is an Australian company providing mining services to clients throughout Australia, Southeast Asia, and South Africa. Its cend-to-end mining services encompass mine development and materials delivery through to engineering, civil construction, on-site mining services, rehabilitation, site remediation, training and equipment maintenance, and refurbishment services. Its segments are Surface Mining, Underground Mining, International Mining, and Civil Infrastructure. It provides a complete set of mining services which includes surface and underground mining, civil and rehabilitation services, equipment maintenance, rentals and management.
58GF Score
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