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.
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.
Internet Initiative JapanIIJIF -3.09%81 Debt-to-EBITDA is 0.58 as of Jun. 2026, which is 2% above its 10-year median of 0.57. GuruFocus rates IIJIF with a GF Score™ of 81/100 and a GF Value™ of $18.17. The stock has 6 warning signs investors should review. Among 302 Telecommunication Services companies, Internet Initiative Japan ranks better than 85.1% 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 Internet Initiative Japan's Debt-to-EBITDA or its related term are showing as below:
IIJIF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.36 Med: 0.57 Max: 1.22
Current: 0.5
During the past 13 years, the highest Debt-to-EBITDA Ratio of Internet Initiative Japan was 1.22. The lowest was 0.36. And the median was 0.57.
IIJIF's Debt-to-EBITDA is ranked better than 85.1% of 302
companies
in the Telecommunication Services industry
Industry Median: 1.97
vs IIJIF: 0.50
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.
Internet Initiative Japan Debt-to-EBITDA Related Terms
Internet Initiative Japan Debt-to-EBITDA Historical Data
* 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 Telecom Services subindustry, Internet Initiative Japan'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.
Internet Initiative Japan Debt-to-EBITDA vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Internet Initiative Japan's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Internet Initiative Japan'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 (Jun. 2026) EBITDA data.
Internet Initiative Japan (IIJIF) has a Debt-to-EBITDA of 0.58 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Internet Initiative Japan. This is near median its historical median of 0.57. Over the past decade, Internet Initiative Japan's Debt-to-EBITDA has ranged from 0.36 to 1.22. According to the industry distribution chart, Internet Initiative Japan ranks #45 out of 302 companies in the Telecommunication Services industry, placing it in the top 14.9%.
Is Internet Initiative Japan's Debt-to-EBITDA too high?
Internet Initiative Japan's current Debt-to-EBITDA of 0.58 is near median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.22. The Telecommunication Services industry median Debt-to-EBITDA is 1.97. Internet Initiative Japan's value of 0.58 is 70.6% below this industry median. Based on the distribution chart, Internet Initiative Japan ranks #45 out of 302 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Internet Initiative Japan has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Internet Initiative Japan's Debt-to-EBITDA compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Internet Initiative Japan ranks #45 out of 302 companies for Debt-to-EBITDA. This places Internet Initiative Japan in the top 15% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.97. Internet Initiative Japan's value of 0.58 is 70.6% below this benchmark. Historically, Internet Initiative Japan's own Debt-to-EBITDA has ranged from 0.36 to 1.22 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.97, Internet Initiative Japan 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 Telecommunication Services company?
The median Debt-to-EBITDA among Telecommunication Services companies is 1.97, based on 302 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. Internet Initiative Japan's current Debt-to-EBITDA of 0.58 is 70.6% 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 Internet Initiative Japan. For the Telecommunication Services industry, the median Debt-to-EBITDA is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Internet Initiative Japan's current Debt-to-EBITDA is 0.58, which is near median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Internet Initiative Japan stock overvalued right now?
Internet Initiative Japan (IIJIF) has a current Debt-to-EBITDA of 0.58. The stock's GF Value™ is $18.17, compared to a current price of $18.51 — trading 1.9% above its estimated fair value. The current Debt-to-EBITDA is 0.58, which is near median its 10-year median of 0.57 and 70.6% below the Telecommunication Services industry median of 1.97. Internet Initiative Japan's overall GF Score™ is 81/100 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 Internet Initiative Japan (IIJIF), the current Debt-to-EBITDA is 0.58 as of Jun. 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 Internet Initiative Japan (IIJIF) Overvalued in 2026?
Based on GuruFocus' analysis, Internet Initiative Japan stock appears to be overvalued.
The current stock price of $18.51 is trading 1.9% above its estimated GF Value™ of $18.17.
Key valuation signals for IIJIF:
Debt-to-EBITDA: 0.58 (near median its 10-year median of 0.57)
GF Value™: $18.17 vs. price of $18.51 (1.9% above fair value)
Industry Position: 70.6% below the Telecommunication Services median (#45 of 302)
No single metric tells the full story. See the IIJIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Internet Initiative Japan Inc. is a provider of a variety of services including Internet access, outsourcing, and systems integration. Its Internet access services span dial-up, mobile, and broadband technologies. Its wide area network services allow secure data sharing over Internet virtual private networks, independently developed routers, and closed wide area networks. Its outsourcing services include cloud, content delivery, data center, and security services. The firm generates nearly all its revenue in Japan.
81GF Score
Get the complete analysis for IIJIF
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IIJIF has been successfully added to your 
