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Mullen GroupMLLGF +4.69%75 Debt-to-Equity is 0.92 as of Mar. 2026, which is 26% above its 10-year median of 0.73. GuruFocus rates MLLGF with a GF Score™ of 75/100 and a GF Value™ of $11.53 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 909 Transportation companies, Mullen Group ranks worse than 68.43% 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 Mullen Group's Debt-to-Equity or its related term are showing as below:
MLLGF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48 Med: 0.73 Max: 1.21
Current: 0.92
During the past 13 years, the highest Debt-to-Equity Ratio of Mullen Group was 1.21. The lowest was 0.48. And the median was 0.73.
MLLGF's Debt-to-Equity is ranked worse than 68.43% of 909
companies
in the Transportation industry
Industry Median: 0.53
vs MLLGF: 0.92
Mullen Group (OTCPK:MLLGF) Debt-to-Equity Explanation
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.
Mullen Group Debt-to-Equity Related Terms
Mullen Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Mullen Group'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.
MLLGF vs ODFL, XPO, KNX: Debt-to-Equity Comparison
For the Trucking subindustry, Mullen Group'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.
Mullen Group Debt-to-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Mullen Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Mullen Group'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.
Mullen Group (MLLGF) has a Debt-to-Equity of 0.92 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mullen Group and its competitors. This is 26% above median its historical median of 0.73. Over the past decade, Mullen Group's Debt-to-Equity has ranged from 0.48 to 1.21. According to the industry distribution chart, Mullen Group ranks #622 out of 909 companies in the Transportation industry, placing it in the top 68.4%.
Is Mullen Group's Debt-to-Equity too high?
Mullen Group's current Debt-to-Equity of 0.92 is 26% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.21. The Transportation industry median Debt-to-Equity is 0.53. Mullen Group's value of 0.92 is 73.6% above this industry median. Based on the distribution chart, Mullen Group ranks #622 out of 909 companies in the Transportation industry, which is below the industry midpoint. Overall, Mullen Group has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mullen Group's Debt-to-Equity compare to ODFL and XPO?
According to the Transportation industry distribution chart, Mullen Group ranks #622 out of 909 companies for Debt-to-Equity. This places Mullen Group in the lower half of its industry. The industry median Debt-to-Equity is 0.53. Mullen Group's value of 0.92 is 73.6% above this benchmark. Historically, Mullen Group's own Debt-to-Equity has ranged from 0.48 to 1.21 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 0.53, Mullen Group 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 909 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. Mullen Group's current Debt-to-Equity of 0.92 is 73.6% 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-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 Mullen Group and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mullen Group's current Debt-to-Equity is 0.92, which is 26% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mullen Group stock overvalued right now?
Based on GuruFocus' analysis, Mullen Group (MLLGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.53, compared to a current price of $17.63 — trading 52.9% above its estimated fair value. The current Debt-to-Equity is 0.92, which is 26% above median its 10-year median of 0.73 and 73.6% above the Transportation industry median of 0.53. Mullen Group's overall GF Score™ is 75/100 with 10 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 Mullen Group (MLLGF), the current Debt-to-Equity is 0.92 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 Mullen Group (MLLGF) Overvalued in 2026?
Based on GuruFocus' analysis, Mullen Group stock appears to be overvalued.
The current stock price of $17.63 is trading 52.9% above its estimated GF Value™ of $11.53.
GuruFocus considers Mullen Group to be Significantly Overvalued.
Key valuation signals for MLLGF:
Debt-to-Equity: 0.92 (26% above median its 10-year median of 0.73)
GF Value™: $11.53 vs. price of $17.63 (52.9% above fair value)
Industry Position: 73.6% above the Transportation median (#622 of 909)
No single metric tells the full story. See the MLLGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mullen Group Ltd is a logistics provider with a network of independently operated businesses providing a wide range of service offerings, including less-than-truckload, truckload, Specialized & Industrial Services, warehousing and logistics, U.S. and International Logistics, and Corporate. The segments of the company are Less-Than-Truckload, Logistics and Warehousing, Specialized and Industrial Services, U.S. and International Logistics, and Corporate segment. The company derives the majority of its revenue from the Less-Than-Truckload segment and geographical revenue from Canada. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.
75GF Score
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