McMillan ShakespeareMCSLF 81 Debt-to-Equity is 7.27 as of Dec. 2025, which is 567% above its 10-year median of 1.09. GuruFocus rates MCSLF with a GF Score™ of 81/100 and a GF Value™ of $12.63. The stock has 13 warning signs investors should review. Among 955 Business Services companies, McMillan Shakespeare ranks worse than 98.12% 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 McMillan Shakespeare's Debt-to-Equity or its related term are showing as below:
MCSLF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.75 Med: 1.09 Max: 7.27
Current: 7.27
During the past 13 years, the highest Debt-to-Equity Ratio of McMillan Shakespeare was 7.27. The lowest was 0.75. And the median was 1.09.
MCSLF's Debt-to-Equity is ranked worse than 98.12% of 955
companies
in the Business Services industry
Industry Median: 0.33
vs MCSLF: 7.27
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.
McMillan Shakespeare Debt-to-Equity Related Terms
McMillan Shakespeare Debt-to-Equity Historical Data
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The historical data trend for McMillan Shakespeare'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.
MCSLF vs KFY, RHI, TNET: Debt-to-Equity Comparison
For the Staffing & Employment Services subindustry, McMillan Shakespeare'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.
McMillan Shakespeare Debt-to-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, McMillan Shakespeare's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where McMillan Shakespeare'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.
McMillan Shakespeare (MCSLF) has a Debt-to-Equity of 7.27 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on McMillan Shakespeare and its competitors. This is 567% above median its historical median of 1.09. Over the past decade, McMillan Shakespeare's Debt-to-Equity has ranged from 0.75 to 7.27. According to the industry distribution chart, McMillan Shakespeare ranks #937 out of 955 companies in the Business Services industry, placing it in the top 98.1%.
Is McMillan Shakespeare's Debt-to-Equity too high?
McMillan Shakespeare's current Debt-to-Equity of 7.27 is 567% above median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 7.27. The Business Services industry median Debt-to-Equity is 0.33. McMillan Shakespeare's value of 7.27 is 2103% above this industry median. Based on the distribution chart, McMillan Shakespeare ranks #937 out of 955 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, McMillan Shakespeare has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does McMillan Shakespeare's Debt-to-Equity compare to KFY and RHI?
According to the Business Services industry distribution chart, McMillan Shakespeare ranks #937 out of 955 companies for Debt-to-Equity. This places McMillan Shakespeare in the lower half of its industry. The industry median Debt-to-Equity is 0.33. McMillan Shakespeare's value of 7.27 is 2103% above this benchmark. Historically, McMillan Shakespeare's own Debt-to-Equity has ranged from 0.75 to 7.27 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 0.33, McMillan Shakespeare 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 Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 955 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. McMillan Shakespeare's current Debt-to-Equity of 7.27 is 2103% 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 McMillan Shakespeare and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McMillan Shakespeare's current Debt-to-Equity is 7.27, which is 567% above median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McMillan Shakespeare stock overvalued right now?
McMillan Shakespeare (MCSLF) has a current Debt-to-Equity of 7.27. The stock's GF Value™ is $12.63, compared to a current price of $9.90 — trading 21.6% below its estimated fair value. The current Debt-to-Equity is 7.27, which is 567% above median its 10-year median of 1.09 and 2103% above the Business Services industry median of 0.33. McMillan Shakespeare's overall GF Score™ is 81/100 with 13 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 McMillan Shakespeare (MCSLF), the current Debt-to-Equity is 7.27 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 McMillan Shakespeare (MCSLF) Overvalued in 2026?
Based on GuruFocus' analysis, McMillan Shakespeare stock appears to be undervalued.
The current stock price of $9.90 is trading 21.6% below its estimated GF Value™ of $12.63.
Key valuation signals for MCSLF:
Debt-to-Equity: 7.27 (567% above median its 10-year median of 1.09)
GF Value™: $12.63 vs. price of $9.90 (21.6% below fair value)
Industry Position: 2103% above the Business Services median (#937 of 955)
No single metric tells the full story. See the MCSLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
McMillan Shakespeare is a provider of salary packaging, novated leasing, disability plan management and support co-ordination, and fleet management services. It actively works to cross-sell its products to clients, for example, selling its salary packaging services to its fleet management customers in Australia and New Zealand. McMillan dominates Australia's salary packaging market together with Smartgroup (also covered by Morningstar), and is also a large provider of novated leasing services by volumes—together with Smartgroup and SG Fleet. The group has three operating segments: group remuneration services, asset management services, and plan and support services. Most of the group's revenue is generated from the group remuneration services segment.
81GF Score
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