Meiko Construction Co (NGO:1869) Debt-to-EBITDA : 0.54 (As of Mar. 2026) — 17% Below Median

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NGO:1869 Meiko Construction Co Ltd NGO:1869
65 GF Score
Price 円1,917.00
GF Value 円1,416.56
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Meiko Construction Co Debt-to-EBITDA?

Meiko Construction Co NGO:1869 +0.52% 65 Debt-to-EBITDA is 0.54 as of Mar. 2026, which is 17% below its 10-year median of 0.65. GuruFocus rates NGO:1869 with a GF Score™ of 65/100 and a GF Value™ of 円1,416.56 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 80 Homebuilding & Construction companies, Meiko Construction Co ranks better than 82.5% on this metric.

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

Meiko Construction Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円2,214 Mil. Meiko Construction Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円6,400 Mil. Meiko Construction Co's annualized EBITDA for the quarter that ended in Mar. 2026 was 円15,896 Mil. Meiko Construction Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.54.

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 Meiko Construction Co's Debt-to-EBITDA or its related term are showing as below:

NGO:1869' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.57   Med: 0.65   Max: 0.91
Current: 0.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of Meiko Construction Co was 0.91. The lowest was 0.57. And the median was 0.65.

NGO:1869's Debt-to-EBITDA is ranked better than
82.5% of 80 companies
in the Homebuilding & Construction industry
Industry Median: 3.735 vs NGO:1869: 0.83

Meiko Construction Co  (NGO:1869) 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.


Meiko Construction Co Debt-to-EBITDA Related Terms


Meiko Construction Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Meiko Construction Co'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.

Meiko Construction Co Debt-to-EBITDA Chart

Meiko Construction Co 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 0.60 0.67 0.70 0.57 0.91

Meiko Construction Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.74 0.44 1.14 0.54 1.32

NGO:1869 vs DHI, PHM, LEN: Debt-to-EBITDA Comparison

For the Residential Construction subindustry, Meiko Construction Co'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.


Meiko Construction Co Debt-to-EBITDA vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Meiko Construction Co's Debt-to-EBITDA distribution charts can be found below:

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


NGO:1869
65GF Score
Meiko Construction Co Ltd NGO:1869
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meiko Construction Co Debt-to-EBITDA Calculation

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

Meiko Construction Co'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
=(2214 + 6400) / 9471
=0.91

Meiko Construction Co'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
=(2214 + 6400) / 15896
=0.54

* 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 0.54 mean?
Meiko Construction Co (NGO:1869) 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 Meiko Construction Co. This is 17% below median its historical median of 0.65. Over the past decade, Meiko Construction Co's Debt-to-EBITDA has ranged from 0.57 to 0.91. According to the industry distribution chart, Meiko Construction Co ranks #14 out of 80 companies in the Homebuilding & Construction industry, placing it in the top 17.5%.
Is Meiko Construction Co's Debt-to-EBITDA too high?
Meiko Construction Co's current Debt-to-EBITDA of 0.54 is 17% below median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 0.91. The Homebuilding & Construction industry median Debt-to-EBITDA is 3.74. Meiko Construction Co's value of 0.54 is 85.5% below this industry median. Based on the distribution chart, Meiko Construction Co ranks #14 out of 80 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Meiko Construction Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiko Construction Co's Debt-to-EBITDA compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Meiko Construction Co ranks #14 out of 80 companies for Debt-to-EBITDA. This places Meiko Construction Co in the top 18% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 3.74. Meiko Construction Co's value of 0.54 is 85.5% below this benchmark. Historically, Meiko Construction Co's own Debt-to-EBITDA has ranged from 0.57 to 0.91 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 3.74, Meiko Construction Co 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 Homebuilding & Construction company?
The median Debt-to-EBITDA among Homebuilding & Construction companies is 3.74, based on 80 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. Meiko Construction Co's current Debt-to-EBITDA of 0.54 is 85.5% 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 Meiko Construction Co. For the Homebuilding & Construction industry, the median Debt-to-EBITDA is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiko Construction Co's current Debt-to-EBITDA is 0.54, which is 17% below median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiko Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Meiko Construction Co (NGO:1869) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,416.56, compared to a current price of 円1,917.00 — trading 35.3% above its estimated fair value. The current Debt-to-EBITDA is 0.54, which is 17% below median its 10-year median of 0.65 and 85.5% below the Homebuilding & Construction industry median of 3.74. Meiko Construction Co's overall GF Score™ is 65/100 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 Meiko Construction Co (NGO:1869), 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 Meiko Construction Co (NGO:1869) Overvalued in 2026?

Based on GuruFocus' analysis, Meiko Construction Co stock appears to be overvalued. The current stock price of 円1,917.00 is trading 35.3% above its estimated GF Value™ of 円1,416.56. GuruFocus considers Meiko Construction Co to be Significantly Overvalued.

Key valuation signals for NGO:1869:

  • Debt-to-EBITDA: 0.54 (17% below median its 10-year median of 0.65)
  • GF Value™: 円1,416.56 vs. price of 円1,917.00 (35.3% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 85.5% below the Homebuilding & Construction median (#14 of 80)

No single metric tells the full story. See the NGO:1869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiko Construction Co Business Description

Address 1-1-4 Meieki, JR Central Towers 34 Floor, Nakamura-ku, Nagoya, JPN, 450-6113
Meiko Construction Co Ltd is engaged in the construction industry. The company undertakes contract for civil works, construction work, track construction and construction work of the facility construction, supervision, planning, design, surveying and consulting. The company is also involved in the buying and selling of houses and real estate, lease, and brokerage. Construction materials on rental, warehousing, and management of education and cultural facilities are additional activities done by the company.
65GF Score

Get the complete analysis for NGO:1869

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

円1,917.00
Price
円1,416.56
GF Value