TMH (FSE:280A) Debt-to-EBITDA : 11.49 (As of May. 2026) — 984% Above Median

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FSE:280A TMH Inc FSE:280A
14 GF Score
Price 円1,040.00
! 5 Warning Signs
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What is TMH Debt-to-EBITDA?

TMH FSE:280A +1.36% 14 Debt-to-EBITDA is 11.49 as of May. 2026, which is 984% above its 10-year median of 1.06. GuruFocus rates FSE:280A with a GF Score™ of 14/100. The stock has 5 warning signs investors should review. Among 731 Semiconductors companies, TMH ranks worse than 97.54% on this metric.

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

TMH's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was 円28 Mil. TMH's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was 円829 Mil. TMH's annualized EBITDA for the quarter that ended in May. 2026 was 円75 Mil. TMH's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 was 11.49.

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

FSE:280A' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.93   Med: 1.06   Max: 45.52
Current: 45.52

During the past 4 years, the highest Debt-to-EBITDA Ratio of TMH was 45.52. The lowest was 0.93. And the median was 1.06.

FSE:280A's Debt-to-EBITDA is ranked worse than
97.54% of 731 companies
in the Semiconductors industry
Industry Median: 1.47 vs FSE:280A: 45.52

TMH  (FSE:280A) 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.


TMH Debt-to-EBITDA Related Terms


TMH Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TMH'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.

TMH Debt-to-EBITDA Chart

TMH Annual Data
Trend Nov22 Nov23 Nov24 Nov25
Debt-to-EBITDA
0.98 1.58 0.93 1.15

TMH Quarterly Data
Nov22 Nov23 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 -0.47 0.75 -2.08 11.49

FSE:280A vs AMAT, LRCX, KLAC: Debt-to-EBITDA Comparison

For the Semiconductor Equipment & Materials subindustry, TMH'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.


TMH Debt-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, TMH's Debt-to-EBITDA distribution charts can be found below:

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


FSE:280A
14GF Score
TMH Inc FSE:280A
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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TMH Debt-to-EBITDA Calculation

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

TMH's Debt-to-EBITDA for the fiscal year that ended in Nov. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(231.288 + 142.436) / 324.222
=1.15

TMH's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(28.288 + 828.792) / 74.62
=11.49

* 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 (May. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 11.49 mean?
TMH (FSE:280A) has a Debt-to-EBITDA of 11.49 as of May. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on TMH. This is 984% above median its historical median of 1.06. Over the past decade, TMH's Debt-to-EBITDA has ranged from 0.93 to 45.52. According to the industry distribution chart, TMH ranks #713 out of 731 companies in the Semiconductors industry, placing it in the top 97.5%.
Is TMH's Debt-to-EBITDA too high?
TMH's current Debt-to-EBITDA of 11.49 is 984% above median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 45.52. The Semiconductors industry median Debt-to-EBITDA is 1.47. TMH's value of 11.49 is 681.6% above this industry median. Based on the distribution chart, TMH ranks #713 out of 731 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, TMH has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does TMH's Debt-to-EBITDA compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, TMH ranks #713 out of 731 companies for Debt-to-EBITDA. This places TMH in the lower half of its industry. The industry median Debt-to-EBITDA is 1.47. TMH's value of 11.49 is 681.6% above this benchmark. Historically, TMH's own Debt-to-EBITDA has ranged from 0.93 to 45.52 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.47, TMH has consistently been above 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 Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.47, based on 731 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. TMH's current Debt-to-EBITDA of 11.49 is 681.6% above 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 TMH. For the Semiconductors industry, the median Debt-to-EBITDA is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TMH's current Debt-to-EBITDA is 11.49, which is 984% above median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMH stock overvalued right now?
TMH (FSE:280A) has a current Debt-to-EBITDA of 11.49. The current Debt-to-EBITDA is 11.49, which is 984% above median its 10-year median of 1.06 and 681.6% above the Semiconductors industry median of 1.47. TMH's overall GF Score™ is 14/100 with 5 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 TMH (FSE:280A), the current Debt-to-EBITDA is 11.49 as of May. 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.

TMH Business Description

Other Exchanges 280A:Japan
Address 3-14-6, Shimogorikita, Oita Prefecture, Oita, JPN, 870-0952
TMH Inc is engaged in Sales and repair services for semiconductor manufacturing equipment parts, and support for the purchase and sale of semiconductor manufacturing equipment.
14GF Score

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

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