Makstil AD (XMAE:STIL) EV-to-EBIT: 7.64 (As of Aug. 07, 2026) — 19% Below Median

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XMAE:STIL Makstil AD XMAE:STIL
74 GF Score
Price MKD116.00
GF Value MKD107.73
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Makstil AD EV-to-EBIT?

Makstil AD XMAE:STIL 74 EV-to-EBIT is 7.64 as of Aug. 07, 2026, which is 19% below its 10-year median of 9.49. GuruFocus rates XMAE:STIL with a GF Score™ of 74/100 and a GF Value™ of MKD107.73 (Fairly Valued). The stock has 4 warning signs investors should review. Among 490 Steel companies, Makstil AD ranks better than 76.94% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Makstil AD's Enterprise Value is MKD4,392 Mil. Makstil AD's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was MKD575 Mil. Therefore, Makstil AD's EV-to-EBIT for today is 7.64.

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

XMAE:STIL' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.26   Med: 9.49   Max: 95.88
Current: 7.64

During the past 13 years, the highest EV-to-EBIT of Makstil AD was 95.88. The lowest was 1.26. And the median was 9.49.

XMAE:STIL's EV-to-EBIT is ranked better than
76.94% of 490 companies
in the Steel industry
Industry Median: 13.135 vs XMAE:STIL: 7.64

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Makstil AD's Enterprise Value for the quarter that ended in Dec. 2025 was MKD4,567 Mil. Makstil AD's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was MKD575 Mil. Makstil AD's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 12.58%.


Makstil AD  (XMAE:STIL) 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) %.

Makstil AD's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=574.765/4567.229
=12.58 %

Makstil AD's Enterprise Value for the quarter that ended in Dec. 2025 was MKD4,567 Mil.
Makstil AD's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MKD575 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.


Makstil AD EV-to-EBIT Related Terms


Makstil AD EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Makstil AD'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.

Makstil AD EV-to-EBIT Chart

Makstil AD 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 4.42 2.92 7.34 9.83 7.72

Makstil AD Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Dec25
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 7.97 3.60 9.83 3.79 7.72

XMAE:STIL vs NUE, STLD, RS: EV-to-EBIT Comparison

For the Steel subindustry, Makstil AD'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.


Makstil AD EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Makstil AD's EV-to-EBIT distribution charts can be found below:

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


XMAE:STIL
74GF Score
Makstil AD XMAE:STIL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makstil AD EV-to-EBIT Calculation

Makstil AD's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4391.746/574.765
=7.64

Makstil AD's current Enterprise Value is MKD4,392 Mil.
Makstil AD's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MKD575 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 7.64 mean?
Makstil AD (XMAE:STIL) has a EV-to-EBIT of 7.64 as of Aug. 07, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Makstil AD and its competitors. This is 19% below median its historical median of 9.49. Over the past decade, Makstil AD's EV-to-EBIT has ranged from 1.26 to 95.88. According to the industry distribution chart, Makstil AD ranks #113 out of 490 companies in the Steel industry, placing it in the top 23.1%.
Is Makstil AD's EV-to-EBIT too high?
Makstil AD's current EV-to-EBIT of 7.64 is 19% below median its 10-year median of 9.49. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 95.88. The Steel industry median EV-to-EBIT is 13.14. Makstil AD's value of 7.64 is 41.8% below this industry median. Based on the distribution chart, Makstil AD ranks #113 out of 490 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Makstil AD has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Makstil AD's EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Makstil AD ranks #113 out of 490 companies for EV-to-EBIT. This places Makstil AD in the top 23% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 13.14. Makstil AD's value of 7.64 is 41.8% below this benchmark. Historically, Makstil AD's own EV-to-EBIT has ranged from 1.26 to 95.88 over the past decade. While the company's 10-year median is 9.49 vs. the industry median of 13.14, Makstil AD 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 EV-to-EBIT for a Steel company?
The median EV-to-EBIT among Steel companies is 13.14, based on 490 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. Makstil AD's current EV-to-EBIT of 7.64 is 41.8% 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 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 Makstil AD and its competitors. For the Steel industry, the median EV-to-EBIT is 13.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makstil AD's current EV-to-EBIT is 7.64, which is 19% below median its own 10-year median of 9.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makstil AD stock overvalued right now?
Based on GuruFocus' analysis, Makstil AD (XMAE:STIL) is currently considered Fairly Valued. The stock's GF Value™ is MKD107.73, compared to a current price of MKD116.00 — trading 7.7% above its estimated fair value. The current EV-to-EBIT is 7.64, which is 19% below median its 10-year median of 9.49 and 41.8% below the Steel industry median of 13.14. Makstil AD's overall GF Score™ is 74/100 with 4 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 Makstil AD (XMAE:STIL), the current EV-to-EBIT is 7.64 as of Aug. 07, 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 Makstil AD (XMAE:STIL) Overvalued in 2026?

Based on GuruFocus' analysis, Makstil AD stock appears to be overvalued. The current stock price of MKD116.00 is trading 7.7% above its estimated GF Value™ of MKD107.73. GuruFocus considers Makstil AD to be Fairly Valued.

Key valuation signals for XMAE:STIL:

  • EV-to-EBIT: 7.64 (19% below median its 10-year median of 9.49)
  • GF Value™: MKD107.73 vs. price of MKD116.00 (7.7% above fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 41.8% below the Steel median (#113 of 490)

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


Makstil AD Business Description

Address 16 Makedonska brigada, 18, Skopje, MKD, 1000
Makstil AD is a producer of hot-rolled heavy plates in the Balkan region. The company produces flat-rolled products such as hot rolled plates, hot rolled coils, cold rolled strips and sheets, galvanized strips and sheets and pre-painted coated strips.
74GF Score

Get the complete analysis for XMAE:STIL

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

MKD116.00
Price
MKD107.73
GF Value