Macerich Co (MEX:MAC) EV-to-EBIT: 175.59 (As of Jul. 17, 2026) — 340% 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.

MEX:MAC Macerich Co MEX:MAC
58 GF Score
Price MXN320.00
GF Value MXN191.53
! 10 Warning Signs
View Full Analysis

What is Macerich Co EV-to-EBIT?

Macerich Co MEX:MAC 58 EV-to-EBIT is 175.59 as of Jul. 17, 2026, which is 340% above its 10-year median of 39.93. GuruFocus rates MEX:MAC with a GF Score™ of 58/100 and a GF Value™ of MXN191.53. The stock has 10 warning signs investors should review. Among 667 REITs companies, Macerich Co ranks worse than 97.9% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Macerich Co's Enterprise Value is MXN213,971 Mil. Macerich Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN1,219 Mil. Therefore, Macerich Co's EV-to-EBIT for today is 175.59.

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

MEX:MAC' s EV-to-EBIT Range Over the Past 10 Years
Min: -85.21   Med: 39.93   Max: 4871.18
Current: 186.73

During the past 13 years, the highest EV-to-EBIT of Macerich Co was 4871.18. The lowest was -85.21. And the median was 39.93.

MEX:MAC's EV-to-EBIT is ranked worse than
97.9% of 667 companies
in the REITs industry
Industry Median: 18.2 vs MEX:MAC: 186.73

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Macerich Co's Enterprise Value for the quarter that ended in Mar. 2026 was MXN171,575 Mil. Macerich Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN1,219 Mil. Macerich Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.71%.


Macerich Co  (MEX:MAC) 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) %.

Macerich Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=1218.578/171575.268
=0.71 %

Macerich Co's Enterprise Value for the quarter that ended in Mar. 2026 was MXN171,575 Mil.
Macerich Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN1,219 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.


Macerich Co EV-to-EBIT Related Terms


Macerich Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Macerich Co'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.

Macerich Co EV-to-EBIT Chart

Macerich Co 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 38.64 45.29 -72.18 480.40 120.54

Macerich Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 32.31 4,557.85 973.08 120.54 150.06

MEX:MAC vs EPRT, KRG, NNN: EV-to-EBIT Comparison

For the REIT - Retail subindustry, Macerich Co'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.


Macerich Co EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Macerich Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Macerich Co's EV-to-EBIT falls into.


MEX:MAC
58GF Score
Macerich Co MEX:MAC
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Macerich Co EV-to-EBIT Calculation

Macerich Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=213971.329/1218.578
=175.59

Macerich Co's current Enterprise Value is MXN213,971 Mil.
Macerich Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN1,219 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 175.59 mean?
Macerich Co (MEX:MAC) has a EV-to-EBIT of 175.59 as of Jul. 17, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Macerich Co and its competitors. This is 340% above median its historical median of 39.93. According to the industry distribution chart, Macerich Co ranks #653 out of 667 companies in the REITs industry, placing it in the top 97.9%.
Is Macerich Co's EV-to-EBIT too high?
Macerich Co's current EV-to-EBIT of 175.59 is 340% above median its 10-year median of 39.93. The REITs industry median EV-to-EBIT is 18.20. Macerich Co's value of 175.59 is 864.8% above this industry median. Based on the distribution chart, Macerich Co ranks #653 out of 667 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Macerich Co has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Macerich Co's EV-to-EBIT compare to EPRT and KRG?
According to the REITs industry distribution chart, Macerich Co ranks #653 out of 667 companies for EV-to-EBIT. This places Macerich Co in the lower half of its industry. The industry median EV-to-EBIT is 18.20. Macerich Co's value of 175.59 is 864.8% above this benchmark. While the company's 10-year median is 39.93 vs. the industry median of 18.20, Macerich Co 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 REITs company?
The median EV-to-EBIT among REITs companies is 18.20, based on 667 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. Macerich Co's current EV-to-EBIT of 175.59 is 864.8% 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 Macerich Co and its competitors. For the REITs industry, the median EV-to-EBIT is 18.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macerich Co's current EV-to-EBIT is 175.59, which is 340% above median its own 10-year median of 39.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macerich Co stock overvalued right now?
Macerich Co (MEX:MAC) has a current EV-to-EBIT of 175.59. The stock's GF Value™ is MXN191.53, compared to a current price of MXN320.00 — trading 67.1% above its estimated fair value. The current EV-to-EBIT is 175.59, which is 340% above median its 10-year median of 39.93 and 864.8% above the REITs industry median of 18.20. Macerich Co's overall GF Score™ is 58/100 with 10 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 Macerich Co (MEX:MAC), the current EV-to-EBIT is 175.59 as of Jul. 17, 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 Macerich Co (MEX:MAC) Overvalued in 2026?

Based on GuruFocus' analysis, Macerich Co stock appears to be overvalued. The current stock price of MXN320.00 is trading 67.1% above its estimated GF Value™ of MXN191.53.

Key valuation signals for MEX:MAC:

  • EV-to-EBIT: 175.59 (340% above median its 10-year median of 39.93)
  • GF Value™: MXN191.53 vs. price of MXN320.00 (67.1% above fair value)
  • GF Score™: 58/100 with 10 warning signs
  • Industry Position: 864.8% above the REITs median (#653 of 667)

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


Macerich Co Business Description

Industry Real EstateREITs
Other Exchanges MAC:USA0JX5:UKM6G:Germany
Address 401 Wilshire Boulevard, Suite 700, Santa Monica, CA, USA, 90401
Macerich invests in premium mall assets. The company owns 27 regional malls in its consolidated portfolio and 10 regional malls in its unconsolidated portfolio along with a power center and seven other real estate assets. The company's total portfolio has 39.9 million square feet of gross leasable area and averaged $867 sales per square foot over the 12 months ended in September 2025.
58GF Score

Get the complete analysis for MEX:MAC

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

MXN320.00
Price
MXN191.53
GF Value