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M3MTHRY -0.51%82 Debt-to-Equity is 0.08 as of Mar. 2026, which is 14% above its 10-year median of 0.07. GuruFocus rates MTHRY with a GF Score™ of 82/100 and a GF Value™ of $7.91 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 558 Healthcare Providers & Services companies, M3 ranks better than 82.26% 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 M3's Debt-to-Equity or its related term are showing as below:
MTHRY'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.07 Max: 0.08
Current: 0.08
During the past 13 years, the highest Debt-to-Equity Ratio of M3 was 0.08. The lowest was 0.05. And the median was 0.07.
MTHRY's Debt-to-Equity is ranked better than 82.26% of 558
companies
in the Healthcare Providers & Services industry
Industry Median: 0.405
vs MTHRY: 0.08
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.
M3 Debt-to-Equity Related Terms
M3 Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for M3'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.
MTHRY vs VEEV, BTSG, TEM: Debt-to-Equity Comparison
For the Health Information Services subindustry, M3'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.
M3 Debt-to-Equity vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, M3's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where M3'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.
M3 (MTHRY) has a Debt-to-Equity of 0.08 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on M3 and its competitors. This is 14% above median its historical median of 0.07. Over the past decade, M3's Debt-to-Equity has ranged from 0.05 to 0.08. According to the industry distribution chart, M3 ranks #99 out of 558 companies in the Healthcare Providers & Services industry, placing it in the top 17.7%.
Is M3's Debt-to-Equity too high?
M3's current Debt-to-Equity of 0.08 is 14% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.08. The Healthcare Providers & Services industry median Debt-to-Equity is 0.41. M3's value of 0.08 is 80.2% below this industry median. Based on the distribution chart, M3 ranks #99 out of 558 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, M3 has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does M3's Debt-to-Equity compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, M3 ranks #99 out of 558 companies for Debt-to-Equity. This places M3 in the top 18% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.41. M3's value of 0.08 is 80.2% below this benchmark. Historically, M3's own Debt-to-Equity has ranged from 0.05 to 0.08 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 0.41, M3 has consistently been below 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 Healthcare Providers & Services company?
The median Debt-to-Equity among Healthcare Providers & Services companies is 0.41, based on 558 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. M3's current Debt-to-Equity of 0.08 is 80.2% below 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 M3 and its competitors. For the Healthcare Providers & Services industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M3's current Debt-to-Equity is 0.08, which is 14% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M3 stock overvalued right now?
Based on GuruFocus' analysis, M3 (MTHRY) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.91, compared to a current price of $5.84 — trading 26.2% below its estimated fair value. The current Debt-to-Equity is 0.08, which is 14% above median its 10-year median of 0.07 and 80.2% below the Healthcare Providers & Services industry median of 0.41. M3's overall GF Score™ is 82/100 with 3 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 M3 (MTHRY), the current Debt-to-Equity is 0.08 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 M3 (MTHRY) Overvalued in 2026?
Based on GuruFocus' analysis, M3 stock appears to be undervalued.
The current stock price of $5.84 is trading 26.2% below its estimated GF Value™ of $7.91.
GuruFocus considers M3 to be Modestly Undervalued.
Key valuation signals for MTHRY:
Debt-to-Equity: 0.08 (14% above median its 10-year median of 0.07)
GF Value™: $7.91 vs. price of $5.84 (26.2% below fair value)
Industry Position: 80.2% below the Healthcare Providers & Services median (#99 of 558)
No single metric tells the full story. See the MTHRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M3 Inc is a Japan-based company engaged in providing medical-related services through internet-based platforms and real-world operations. The company operates six reportable segments: Medical Platform, Evidence Solutions, Career Solutions, Site Solutions, Patient Solutions, and Overseas. Its businesses include online marketing for medical professionals, clinical trial support, human resources services for medical professionals, operational support for medical institutions, and patient support services. The Overseas segment offers similar services internationally, including in the United States, the United Kingdom, China, South Korea, India, France, Germany, and Spain.
82GF Score
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