Toyo Engineering (FRA:6AE) Debt-to-EBITDA : 1.86 (As of Mar. 2026) — 61% Below Median

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FRA:6AE Toyo Engineering Corp FRA:6AE
49 GF Score
Price €10.90
GF Value €3.47
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Toyo Engineering Debt-to-EBITDA?

Toyo Engineering FRA:6AE -4.39% 49 Debt-to-EBITDA is 1.86 as of Mar. 2026, which is 61% below its 10-year median of 4.80. GuruFocus rates FRA:6AE with a GF Score™ of 49/100 and a GF Value™ of €3.47 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,409 Construction companies, Toyo Engineering ranks worse than 70972.25% on this metric.

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

Toyo Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €198 Mil. Toyo Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €134 Mil. Toyo Engineering's annualized EBITDA for the quarter that ended in Mar. 2026 was €178 Mil. Toyo Engineering's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.86.

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 Toyo Engineering's Debt-to-EBITDA or its related term are showing as below:

FRA:6AE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -11.53   Med: 4.8   Max: 6.86
Current: -11.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of Toyo Engineering was 6.86. The lowest was -11.53. And the median was 4.80.

FRA:6AE's Debt-to-EBITDA is ranked worse than
100% of 1409 companies
in the Construction industry
Industry Median: 2.14 vs FRA:6AE: -11.53

Toyo Engineering  (FRA:6AE) 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.


Toyo Engineering Debt-to-EBITDA Related Terms


Toyo Engineering Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Toyo Engineering'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.

Toyo Engineering Debt-to-EBITDA Chart

Toyo Engineering 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 6.86 5.26 2.39 5.73 -11.53

Toyo Engineering 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 3.18 7.45 -14.30 -1.10 1.86

FRA:6AE vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, Toyo Engineering'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.


Toyo Engineering Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Toyo Engineering's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Toyo Engineering's Debt-to-EBITDA falls into.


FRA:6AE
49GF Score
Toyo Engineering Corp FRA:6AE
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Engineering Debt-to-EBITDA Calculation

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

Toyo Engineering'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
=(197.674 + 133.863) / -28.755
=-11.53

Toyo Engineering'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
=(197.674 + 133.863) / 178.164
=1.86

* 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 1.86 mean?
Toyo Engineering (FRA:6AE) has a Debt-to-EBITDA of 1.86 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 Toyo Engineering. This is 61% below median its historical median of 4.80. According to the industry distribution chart, Toyo Engineering ranks #999999 out of 1409 companies in the Construction industry.
Is Toyo Engineering's Debt-to-EBITDA too high?
Toyo Engineering's current Debt-to-EBITDA of 1.86 is 61% below median its 10-year median of 4.80. The Construction industry median Debt-to-EBITDA is 2.14. Toyo Engineering's value of 1.86 is 13.1% below this industry median. Based on the distribution chart, Toyo Engineering ranks #999999 out of 1409 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Toyo Engineering has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyo Engineering's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Toyo Engineering ranks #999999 out of 1409 companies for Debt-to-EBITDA. This places Toyo Engineering in the lower half of its industry. The industry median Debt-to-EBITDA is 2.14. Toyo Engineering's value of 1.86 is 13.1% below this benchmark. While the company's 10-year median is 4.80 vs. the industry median of 2.14, Toyo Engineering 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.14, based on 1,409 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. Toyo Engineering's current Debt-to-EBITDA of 1.86 is 13.1% 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 Toyo Engineering. For the Construction industry, the median Debt-to-EBITDA is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Engineering's current Debt-to-EBITDA is 1.86, which is 61% below median its own 10-year median of 4.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Engineering stock overvalued right now?
Based on GuruFocus' analysis, Toyo Engineering (FRA:6AE) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.47, compared to a current price of €10.90 — trading 214.1% above its estimated fair value. The current Debt-to-EBITDA is 1.86, which is 61% below median its 10-year median of 4.80 and 13.1% below the Construction industry median of 2.14. Toyo Engineering's overall GF Score™ is 49/100 with 6 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 Toyo Engineering (FRA:6AE), the current Debt-to-EBITDA is 1.86 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 Toyo Engineering (FRA:6AE) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Engineering stock appears to be overvalued. The current stock price of €10.90 is trading 214.1% above its estimated GF Value™ of €3.47. GuruFocus considers Toyo Engineering to be Significantly Overvalued.

Key valuation signals for FRA:6AE:

  • Debt-to-EBITDA: 1.86 (61% below median its 10-year median of 4.80)
  • GF Value™: €3.47 vs. price of €10.90 (214.1% above fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 13.1% below the Construction median (#999999 of 1409)

No single metric tells the full story. See the FRA:6AE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Engineering Business Description

Other Exchanges 6330:Japan
Address 2-8-1 Akanehama Narashino-shi, Chiba, JPN
Toyo Engineering Corp provides engineering and construction services for industrial facilities. It designs, procures materials, builds, and offers technical assistance for oil and gas, petrochemicals, water treatment, transportation, power generation, and other industrial markets. Project management skills partnered with technological solutions allow the company to offer customized solutions and manufacture various power plants and infrastructure projects. Toyo operates three business groups: engineering, procurement, and construction (the majority of total revenue); IT; and real estate. A global network of employees gathers data from customers, and company locations are spread across Asia, North America, and South America to collect regional information.
49GF Score

Get the complete analysis for FRA:6AE

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

€10.90
Price
€3.47
GF Value