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IchigoICHIF 73 Debt-to-EBITDA is 9.66 as of May. 2026, which is 7% above its 10-year median of 9.02. GuruFocus rates ICHIF with a GF Score™ of 73/100 and a GF Value™ of $2.60. The stock has 3 warning signs investors should review. Among 1,270 Real Estate companies, Ichigo ranks worse than 66.77% 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 Ichigo's Debt-to-EBITDA or its related term are showing as below:
ICHIF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 7.17 Med: 9.02 Max: 14.8
Current: 8.83
During the past 13 years, the highest Debt-to-EBITDA Ratio of Ichigo was 14.80. The lowest was 7.17. And the median was 9.02.
ICHIF's Debt-to-EBITDA is ranked worse than 66.77% of 1270
companies
in the Real Estate industry
Industry Median: 5.625
vs ICHIF: 8.83
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.
Ichigo Debt-to-EBITDA Related Terms
Ichigo Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Ichigo'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.
ICHIF vs CBRE, BEKE, JLL: Debt-to-EBITDA Comparison
For the Real Estate Services subindustry, Ichigo'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.
Ichigo Debt-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Ichigo's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ichigo'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 (May. 2026) EBITDA data.
Ichigo (ICHIF) has a Debt-to-EBITDA of 9.66 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 Ichigo. This is near median its historical median of 9.02. Over the past decade, Ichigo's Debt-to-EBITDA has ranged from 7.17 to 14.80. According to the industry distribution chart, Ichigo ranks #848 out of 1270 companies in the Real Estate industry, placing it in the top 66.8%.
Is Ichigo's Debt-to-EBITDA too high?
Ichigo's current Debt-to-EBITDA of 9.66 is near median its 10-year median of 9.02. Over the past 10 years, this metric has ranged from a low of 7.17 to a high of 14.80. The Real Estate industry median Debt-to-EBITDA is 5.63. Ichigo's value of 9.66 is 71.7% above this industry median. Based on the distribution chart, Ichigo ranks #848 out of 1270 companies in the Real Estate industry, which is below the industry midpoint. Overall, Ichigo has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Ichigo's Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Ichigo ranks #848 out of 1270 companies for Debt-to-EBITDA. This places Ichigo in the lower half of its industry. The industry median Debt-to-EBITDA is 5.63. Ichigo's value of 9.66 is 71.7% above this benchmark. Historically, Ichigo's own Debt-to-EBITDA has ranged from 7.17 to 14.80 over the past decade. While the company's 10-year median is 9.02 vs. the industry median of 5.63, Ichigo 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.63, based on 1,270 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. Ichigo's current Debt-to-EBITDA of 9.66 is 71.7% 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 Ichigo. For the Real Estate industry, the median Debt-to-EBITDA is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichigo's current Debt-to-EBITDA is 9.66, which is near median its own 10-year median of 9.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo stock overvalued right now?
Ichigo (ICHIF) has a current Debt-to-EBITDA of 9.66. The stock's GF Value™ is $2.60, compared to a current price of $2.40 — trading 7.7% below its estimated fair value. The current Debt-to-EBITDA is 9.66, which is near median its 10-year median of 9.02 and 71.7% above the Real Estate industry median of 5.63. Ichigo's overall GF Score™ is 73/100 with 3 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 Ichigo (ICHIF), the current Debt-to-EBITDA is 9.66 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.
Is Ichigo (ICHIF) Overvalued in 2026?
Based on GuruFocus' analysis, Ichigo stock appears to be undervalued.
The current stock price of $2.40 is trading 7.7% below its estimated GF Value™ of $2.60.
Key valuation signals for ICHIF:
Debt-to-EBITDA: 9.66 (near median its 10-year median of 9.02)
GF Value™: $2.60 vs. price of $2.40 (7.7% below fair value)
Industry Position: 71.7% above the Real Estate median (#848 of 1270)
No single metric tells the full story. See the ICHIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichigo Inc is a Japanese real estate owner and operator, and clean energy producer. It manages several real estate investment trusts and operates solar plants across Japan. REIT opportunities include midsize hotel and office properties. Revenue is generated through fees via the management of the Ichigo REIT and private funds, and other fee-generating real estate services related to sourcing, financing, operation, property management, facility management, and disposition of real estate assets. Additional income is generated through the sale of properties and rental income. Clean Energy services involve the production of mega solar power.
73GF Score
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