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Makstil ADXMAE:STIL 74 EV-to-EBITDA is 5.16 as of Aug. 09, 2026, which is 1% above its 10-year median of 5.11. GuruFocus rates XMAE:STIL with a GF Score™ of 74/100 and a GF Value™ of MKD107.66 (Fairly Valued). The stock has 4 warning signs investors should review. Among 528 Steel companies, Makstil AD ranks better than 80.87% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Makstil AD's enterprise value is MKD4,392 Mil.
Makstil AD's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was MKD851 Mil. Therefore, Makstil AD's EV-to-EBITDA for today is 5.16.
The historical rank and industry rank for Makstil AD's EV-to-EBITDA or its related term are showing as below:
XMAE:STIL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.06 Med: 5.11 Max: 20.54
Current: 5.16
During the past 13 years, the highest EV-to-EBITDA of Makstil AD was 20.54. The lowest was 1.06. And the median was 5.11.
XMAE:STIL's EV-to-EBITDA is ranked better than 80.87% of 528
companies
in the Steel industry
Industry Median: 9.99
vs XMAE:STIL: 5.16
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Makstil AD's share price for today is MKD116.00.
Makstil AD's Earnings per Share (Diluted) 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 MKD29.516.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Makstil AD's EV-to-EBITDA 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.
XMAE:STIL vs NUE, STLD, RS: EV-to-EBITDA Comparison
For the Steel subindustry, Makstil AD's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, Makstil AD's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Makstil AD's EV-to-EBITDA falls into.
Makstil AD's current Enterprise Value is MKD4,392 Mil.
Makstil AD's EBITDA 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 MKD851 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 (XMAE:STIL) has a EV-to-EBITDA of 5.16 as of Aug. 09, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Makstil AD. This is near median its historical median of 5.11. Over the past decade, Makstil AD's EV-to-EBITDA has ranged from 1.06 to 20.54. According to the industry distribution chart, Makstil AD ranks #101 out of 528 companies in the Steel industry, placing it in the top 19.1%.
Is Makstil AD's EV-to-EBITDA too high?
Makstil AD's current EV-to-EBITDA of 5.16 is near median its 10-year median of 5.11. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 20.54. The Steel industry median EV-to-EBITDA is 9.99. Makstil AD's value of 5.16 is 48.3% below this industry median. Based on the distribution chart, Makstil AD ranks #101 out of 528 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-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Makstil AD ranks #101 out of 528 companies for EV-to-EBITDA. This places Makstil AD in the top 19% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.99. Makstil AD's value of 5.16 is 48.3% below this benchmark. Historically, Makstil AD's own EV-to-EBITDA has ranged from 1.06 to 20.54 over the past decade. While the company's 10-year median is 5.11 vs. the industry median of 9.99, 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-EBITDA for a Steel company?
The median EV-to-EBITDA among Steel companies is 9.99, based on 528 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Makstil AD's current EV-to-EBITDA of 5.16 is 48.3% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Makstil AD. For the Steel industry, the median EV-to-EBITDA is 9.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makstil AD's current EV-to-EBITDA is 5.16, which is near median its own 10-year median of 5.11. 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 MKD107.66, compared to a current price of MKD116.00 — trading 7.7% above its estimated fair value. The current EV-to-EBITDA is 5.16, which is near median its 10-year median of 5.11 and 48.3% below the Steel industry median of 9.99. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Makstil AD (XMAE:STIL), the current EV-to-EBITDA is 5.16 as of Aug. 09, 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 MKD107.66.
GuruFocus considers Makstil AD to be Fairly Valued.
Key valuation signals for XMAE:STIL:
EV-to-EBITDA: 5.16 (near median its 10-year median of 5.11)
GF Value™: MKD107.66 vs. price of MKD116.00 (7.7% above fair value)
Industry Position: 48.3% below the Steel median (#101 of 528)
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 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
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