Merko Ehitus AS (FRA:MKS) EV-to-EBIT: 15.21 (As of Aug. 31, 2026) — 67% 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.

FRA:MKS Merko Ehitus AS FRA:MKS
58 GF Score
Price €27.00
GF Value €13.39
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Merko Ehitus AS EV-to-EBIT?

Merko Ehitus AS FRA:MKS 58 EV-to-EBIT is 15.21 as of Aug. 31, 2026, which is 67% above its 10-year median of 9.09. GuruFocus rates FRA:MKS with a GF Score™ of 58/100 and a GF Value™ of €13.39 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,414 Construction companies, Merko Ehitus AS ranks worse than 63.44% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Merko Ehitus AS's Enterprise Value is €499.7 Mil. Merko Ehitus AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €32.8 Mil. Therefore, Merko Ehitus AS's EV-to-EBIT for today is 15.21.

The historical rank and industry rank for Merko Ehitus AS's EV-to-EBIT or its related term are showing as below:

FRA:MKS' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.83   Med: 9.09   Max: 23.05
Current: 15.21

During the past 13 years, the highest EV-to-EBIT of Merko Ehitus AS was 23.05. The lowest was 3.83. And the median was 9.09.

FRA:MKS's EV-to-EBIT is ranked worse than
63.44% of 1414 companies
in the Construction industry
Industry Median: 11.015 vs FRA:MKS: 15.21

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Merko Ehitus AS's Enterprise Value for the quarter that ended in Jun. 2026 was €493.5 Mil. Merko Ehitus AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €32.8 Mil. Merko Ehitus AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.66%.


Merko Ehitus AS  (FRA:MKS) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Merko Ehitus AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=32.844/493.511
=6.66 %

Merko Ehitus AS's Enterprise Value for the quarter that ended in Jun. 2026 was €493.5 Mil.
Merko Ehitus AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €32.8 Mil.

* 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.


Merko Ehitus AS EV-to-EBIT Related Terms


Merko Ehitus AS EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Merko Ehitus AS's EV-to-EBIT 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.

Merko Ehitus AS EV-to-EBIT Chart

Merko Ehitus AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.44 8.47 4.54 3.84 11.57

Merko Ehitus AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT 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 6.42 6.61 11.57 13.10 15.16

FRA:MKS vs PWR, FIX, EME: EV-to-EBIT Comparison

For the Engineering & Construction subindustry, Merko Ehitus AS's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Merko Ehitus AS EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Merko Ehitus AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Merko Ehitus AS's EV-to-EBIT falls into.


FRA:MKS
58GF Score
Merko Ehitus AS FRA:MKS
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Merko Ehitus AS EV-to-EBIT Calculation

Merko Ehitus AS's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=499.706/32.844
=15.21

Merko Ehitus AS's current Enterprise Value is €499.7 Mil.
Merko Ehitus AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €32.8 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 15.21 mean?
Merko Ehitus AS (FRA:MKS) has a EV-to-EBIT of 15.21 as of Aug. 31, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Merko Ehitus AS and its competitors. This is 67% above median its historical median of 9.09. Over the past decade, Merko Ehitus AS's EV-to-EBIT has ranged from 3.83 to 23.05. According to the industry distribution chart, Merko Ehitus AS ranks #897 out of 1414 companies in the Construction industry, placing it in the top 63.4%.
Is Merko Ehitus AS's EV-to-EBIT too high?
Merko Ehitus AS's current EV-to-EBIT of 15.21 is 67% above median its 10-year median of 9.09. Over the past 10 years, this metric has ranged from a low of 3.83 to a high of 23.05. The Construction industry median EV-to-EBIT is 11.02. Merko Ehitus AS's value of 15.21 is 38.1% above this industry median. Based on the distribution chart, Merko Ehitus AS ranks #897 out of 1414 companies in the Construction industry, which is below the industry midpoint. Overall, Merko Ehitus AS has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Merko Ehitus AS's EV-to-EBIT compare to PWR and FIX?
According to the Construction industry distribution chart, Merko Ehitus AS ranks #897 out of 1414 companies for EV-to-EBIT. This places Merko Ehitus AS in the lower half of its industry. The industry median EV-to-EBIT is 11.02. Merko Ehitus AS's value of 15.21 is 38.1% above this benchmark. Historically, Merko Ehitus AS's own EV-to-EBIT has ranged from 3.83 to 23.05 over the past decade. While the company's 10-year median is 9.09 vs. the industry median of 11.02, Merko Ehitus AS 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 EV-to-EBIT for a Construction company?
The median EV-to-EBIT among Construction companies is 11.02, based on 1,414 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Merko Ehitus AS's current EV-to-EBIT of 15.21 is 38.1% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Merko Ehitus AS and its competitors. For the Construction industry, the median EV-to-EBIT is 11.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merko Ehitus AS's current EV-to-EBIT is 15.21, which is 67% above median its own 10-year median of 9.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merko Ehitus AS stock overvalued right now?
Based on GuruFocus' analysis, Merko Ehitus AS (FRA:MKS) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.39, compared to a current price of €27.00 — trading 101.6% above its estimated fair value. The current EV-to-EBIT is 15.21, which is 67% above median its 10-year median of 9.09 and 38.1% above the Construction industry median of 11.02. Merko Ehitus AS's overall GF Score™ is 58/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Merko Ehitus AS (FRA:MKS), the current EV-to-EBIT is 15.21 as of Aug. 31, 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 Merko Ehitus AS (FRA:MKS) Overvalued in 2026?

Based on GuruFocus' analysis, Merko Ehitus AS stock appears to be overvalued. The current stock price of €27.00 is trading 101.6% above its estimated GF Value™ of €13.39. GuruFocus considers Merko Ehitus AS to be Significantly Overvalued.

Key valuation signals for FRA:MKS:

  • EV-to-EBIT: 15.21 (67% above median its 10-year median of 9.09)
  • GF Value™: €13.39 vs. price of €27.00 (101.6% above fair value)
  • GF Score™: 58/100 with 9 warning signs
  • Industry Position: 38.1% above the Construction median (#897 of 1414)

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


Merko Ehitus AS Business Description

Other Exchanges MRK1T:EstoniaMKS:Germany
Address Jarvevana tee 9G, Tallinn, EST, 11314
Merko Ehitus AS is a construction company. The company is engaged in the business of general contracting of construction and on providing complete solutions in professional construction and real estate development. The company operates under two reportable segments: construction service and real estate development. Construction service contributes to the majority of the revenue. The Construction service segment includes all projects of the home markets in general construction, civil engineering, electrical construction and concrete works services. The firm operates mainly in Estonia, Lithuania, Latvia, and Norway. Geographically, the company generates the majority of its revenue from Estonia.
58GF Score

Get the complete analysis for FRA:MKS

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

€27.00
Price
€13.39
GF Value