Harmonic Drive SystemsHSYDF +2.30%69 Debt-to-EBITDA is 0.54 as of Mar. 2026, which is 53% below its 10-year median of 1.16. GuruFocus rates HSYDF with a GF Score™ of 69/100 and a GF Value™ of $23.51 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,333 Industrial Products companies, Harmonic Drive Systems ranks worse than 51.44% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Harmonic Drive Systems's Debt-to-EBITDA or its related term are showing as below:
HSYDF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.4 Med: 1.16 Max: 1.82
Current: 1.82
During the past 13 years, the highest Debt-to-EBITDA Ratio of Harmonic Drive Systems was 1.82. The lowest was -1.40. And the median was 1.16.
HSYDF's Debt-to-EBITDA is ranked worse than 51.44% of 2333
companies
in the Industrial Products industry
Industry Median: 1.7
vs HSYDF: 1.82
Harmonic Drive Systems (OTCPK:HSYDF) Debt-to-EBITDA Explanation
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.
Harmonic Drive Systems Debt-to-EBITDA Related Terms
Harmonic Drive Systems Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Harmonic Drive Systems'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.
For the Specialty Industrial Machinery subindustry, Harmonic Drive Systems'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.
Harmonic Drive Systems Debt-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Harmonic Drive Systems's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Harmonic Drive Systems's Debt-to-EBITDA falls into.
* 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.
Harmonic Drive Systems (HSYDF) has a Debt-to-EBITDA of 0.54 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 Harmonic Drive Systems. This is 53% below median its historical median of 1.16. According to the industry distribution chart, Harmonic Drive Systems ranks #1200 out of 2333 companies in the Industrial Products industry, placing it in the top 51.4%.
Is Harmonic Drive Systems' Debt-to-EBITDA too high?
Harmonic Drive Systems' current Debt-to-EBITDA of 0.54 is 53% below median its 10-year median of 1.16. The Industrial Products industry median Debt-to-EBITDA is 1.70. Harmonic Drive Systems' value of 0.54 is 68.2% below this industry median. Based on the distribution chart, Harmonic Drive Systems ranks #1200 out of 2333 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Harmonic Drive Systems has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harmonic Drive Systems' Debt-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Harmonic Drive Systems ranks #1200 out of 2333 companies for Debt-to-EBITDA. This places Harmonic Drive Systems in the lower half of its industry. The industry median Debt-to-EBITDA is 1.70. Harmonic Drive Systems' value of 0.54 is 68.2% below this benchmark. While the company's 10-year median is 1.16 vs. the industry median of 1.70, Harmonic Drive Systems 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.70, based on 2,333 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. Harmonic Drive Systems's current Debt-to-EBITDA of 0.54 is 68.2% 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 Harmonic Drive Systems. For the Industrial Products industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harmonic Drive Systems's current Debt-to-EBITDA is 0.54, which is 53% below median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harmonic Drive Systems stock overvalued right now?
Based on GuruFocus' analysis, Harmonic Drive Systems (HSYDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $23.51, compared to a current price of $49.00 — trading 108.4% above its estimated fair value. The current Debt-to-EBITDA is 0.54, which is 53% below median its 10-year median of 1.16 and 68.2% below the Industrial Products industry median of 1.70. Harmonic Drive Systems' overall GF Score™ is 69/100 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 Harmonic Drive Systems (HSYDF), the current Debt-to-EBITDA is 0.54 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 Harmonic Drive Systems (HSYDF) Overvalued in 2026?
Based on GuruFocus' analysis, Harmonic Drive Systems stock appears to be overvalued.
The current stock price of $49.00 is trading 108.4% above its estimated GF Value™ of $23.51.
GuruFocus considers Harmonic Drive Systems to be Significantly Overvalued.
Key valuation signals for HSYDF:
Debt-to-EBITDA: 0.54 (53% below median its 10-year median of 1.16)
GF Value™: $23.51 vs. price of $49.00 (108.4% above fair value)
Industry Position: 68.2% below the Industrial Products median (#1200 of 2333)
No single metric tells the full story. See the HSYDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harmonic Drive Systems manufactures and sells high-precision reduction gears (harmonic reducers) under the Harmonic Drive brand as well as other mechatronics products, including rotary actuators, linear actuators, and AC servo motors. The company also provides planetary gear speed reducers under the AccuDrive and Harmonic Planetary brands. Its products are used in industrial robots, semiconductor production equipment, and other high-precision equipment. HDS was founded in 1970 and is headquartered in Tokyo, Japan.
69GF Score
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