MGMistras Group, Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and big price swings.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -89% · now 4% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can MG take a bad year?
Mistras Group, Inc. carries $150M of net debt at 2.10× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 2.10×
Net debt / EBITDA · 3.04× a year ago · the load is coming down
- Interest cover
- 3.60×
Interest cover · operating profit covers the interest bill, with room to spare
- Annualised volatility
- 46%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $172M
- Cash and short-term investments
- $22M
- Net debt
- $150M
- EBITDA, trailing twelve months
- $71M
- Operating profit, trailing twelve months
- $51M
- Debt / equity
- 0.72×
- Total debt / EBITDA
- 2.41×
- Annualised volatilitytwo years of daily moves
- 46%
- Worst drawdown on file
- −89%
- Below its 52-week high
- 4.0%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Security & Protection Services
Ranks #9 of 10 by RyuScore