ARSWF (Arisawa Mfg Co) Debt-to-EBITDA : 0.77 (As of Mar. 2026) — 45% Below 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.

ARSWF Arisawa Mfg Co Ltd ARSWF
82 GF Score
Price $3.15
GF Value $2.22
! 2 Warning Signs
View Full Analysis

What is Arisawa Mfg Co Debt-to-EBITDA?

Arisawa Mfg Co ARSWF 82 Debt-to-EBITDA is 0.77 as of Mar. 2026, which is 45% below its 10-year median of 1.39. GuruFocus rates ARSWF with a GF Score™ of 82/100 and a GF Value™ of $2.22. The stock has 2 warning signs investors should review. Among 1,795 Hardware companies, Arisawa Mfg Co ranks better than 51.31% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Arisawa Mfg Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $76.5 Mil. Arisawa Mfg Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $20.6 Mil. Arisawa Mfg Co's annualized EBITDA for the quarter that ended in Mar. 2026 was $126.5 Mil. Arisawa Mfg Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.77.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Arisawa Mfg Co's Debt-to-EBITDA or its related term are showing as below:

ARSWF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.07   Med: 1.39   Max: 2.43
Current: 1.67

During the past 13 years, the highest Debt-to-EBITDA Ratio of Arisawa Mfg Co was 2.43. The lowest was 1.07. And the median was 1.39.

ARSWF's Debt-to-EBITDA is ranked better than
51.31% of 1795 companies
in the Hardware industry
Industry Median: 1.73 vs ARSWF: 1.67

Arisawa Mfg Co  (OTCPK:ARSWF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Arisawa Mfg Co Debt-to-EBITDA Related Terms


Arisawa Mfg Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Arisawa Mfg Co's Debt-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.

Arisawa Mfg Co Debt-to-EBITDA Chart

Arisawa Mfg Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.61 2.43 1.35 1.67

Arisawa Mfg Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 0.77 2.07 1.01 4.24 0.77

ARSWF vs APH, GLW: Debt-to-EBITDA Comparison

For the Electronic Components subindustry, Arisawa Mfg Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-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.


Arisawa Mfg Co Debt-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, Arisawa Mfg Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Arisawa Mfg Co's Debt-to-EBITDA falls into.


ARSWF
82GF Score
Arisawa Mfg Co Ltd ARSWF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arisawa Mfg Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Arisawa Mfg Co's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(76.538 + 20.625) / 58.191
=1.67

Arisawa Mfg Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(76.538 + 20.625) / 126.476
=0.77

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.77 mean?
Arisawa Mfg Co (ARSWF) has a Debt-to-EBITDA of 0.77 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Arisawa Mfg Co. This is 45% below median its historical median of 1.39. Over the past decade, Arisawa Mfg Co's Debt-to-EBITDA has ranged from 1.07 to 2.43. According to the industry distribution chart, Arisawa Mfg Co ranks #874 out of 1795 companies in the Hardware industry, placing it in the top 48.7%.
Is Arisawa Mfg Co's Debt-to-EBITDA too high?
Arisawa Mfg Co's current Debt-to-EBITDA of 0.77 is 45% below median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.43. The Hardware industry median Debt-to-EBITDA is 1.73. Arisawa Mfg Co's value of 0.77 is 55.5% below this industry median. Based on the distribution chart, Arisawa Mfg Co ranks #874 out of 1795 companies in the Hardware industry, which is above the industry midpoint. Overall, Arisawa Mfg Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Arisawa Mfg Co's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Arisawa Mfg Co ranks #874 out of 1795 companies for Debt-to-EBITDA. This puts Arisawa Mfg Co in the upper half of its industry. The industry median Debt-to-EBITDA is 1.73. Arisawa Mfg Co's value of 0.77 is 55.5% below this benchmark. Historically, Arisawa Mfg Co's own Debt-to-EBITDA has ranged from 1.07 to 2.43 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.73, Arisawa Mfg Co 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 Debt-to-EBITDA for a Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.73, based on 1,795 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arisawa Mfg Co's current Debt-to-EBITDA of 0.77 is 55.5% 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Arisawa Mfg Co. For the Hardware industry, the median Debt-to-EBITDA is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arisawa Mfg Co's current Debt-to-EBITDA is 0.77, which is 45% below median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arisawa Mfg Co stock overvalued right now?
Arisawa Mfg Co (ARSWF) has a current Debt-to-EBITDA of 0.77. The stock's GF Value™ is $2.22, compared to a current price of $3.15 — trading 41.9% above its estimated fair value. The current Debt-to-EBITDA is 0.77, which is 45% below median its 10-year median of 1.39 and 55.5% below the Hardware industry median of 1.73. Arisawa Mfg Co's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Arisawa Mfg Co (ARSWF), the current Debt-to-EBITDA is 0.77 as of Mar. 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 Arisawa Mfg Co (ARSWF) Overvalued in 2026?

Based on GuruFocus' analysis, Arisawa Mfg Co stock appears to be overvalued. The current stock price of $3.15 is trading 41.9% above its estimated GF Value™ of $2.22.

Key valuation signals for ARSWF:

  • Debt-to-EBITDA: 0.77 (45% below median its 10-year median of 1.39)
  • GF Value™: $2.22 vs. price of $3.15 (41.9% above fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 55.5% below the Hardware median (#874 of 1795)

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


Arisawa Mfg Co Business Description

Other Exchanges 5208:Japan
Address 1-5-5 Minamihon town City, Niigata Prefecture, Joetsu, JPN, 943-8610
Arisawa Mfg Co Ltd is a Japanese based company, engages in the manufacture and sale of electronic materials of electronic materials. The company provides electronic materials used in personal computers and cellular phones; and optoelectronic materials such as Fresnel lenses for projection TV; electrical insulating materials; and structural materials. It also offers display materials comprising anti-reflection films, 3D display filters, special optical films, 3D display equipment, polarizing plates, hard-coating films, and projection screens.
82GF Score

Get the complete analysis for ARSWF

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

$3.15
Price
$2.22
GF Value