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Tokura Construction CoNGO:1892 66 Debt-to-EBITDA is 1.03 as of Mar. 2026, which is 59% below its 10-year median of 2.49. GuruFocus rates NGO:1892 with a GF Score™ of 66/100 and a GF Value™ of 円4,656.67 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,410 Construction companies, Tokura Construction Co ranks better than 83.05% 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 Tokura Construction Co's Debt-to-EBITDA or its related term are showing as below:
NGO:1892'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.37 Med: 2.49 Max: 4.02
Current: 0.37
During the past 13 years, the highest Debt-to-EBITDA Ratio of Tokura Construction Co was 4.02. The lowest was 0.37. And the median was 2.49.
NGO:1892's Debt-to-EBITDA is ranked better than 83.05% of 1410
companies
in the Construction industry
Industry Median: 2.11
vs NGO:1892: 0.37
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.
Tokura Construction Co Debt-to-EBITDA Related Terms
Tokura Construction Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Tokura 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.
NGO:1892 vs PWR, FIX, EME: Debt-to-EBITDA Comparison
For the Engineering & Construction subindustry, Tokura 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.
Tokura Construction Co Debt-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, Tokura Construction Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tokura Construction Co'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.
Tokura Construction Co (NGO:1892) has a Debt-to-EBITDA of 1.03 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 Tokura Construction Co. This is 59% below median its historical median of 2.49. Over the past decade, Tokura Construction Co's Debt-to-EBITDA has ranged from 0.37 to 4.02. According to the industry distribution chart, Tokura Construction Co ranks #239 out of 1410 companies in the Construction industry, placing it in the top 17%.
Is Tokura Construction Co's Debt-to-EBITDA too high?
Tokura Construction Co's current Debt-to-EBITDA of 1.03 is 59% below median its 10-year median of 2.49. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 4.02. The Construction industry median Debt-to-EBITDA is 2.11. Tokura Construction Co's value of 1.03 is 51.2% below this industry median. Based on the distribution chart, Tokura Construction Co ranks #239 out of 1410 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Tokura Construction Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokura Construction Co's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Tokura Construction Co ranks #239 out of 1410 companies for Debt-to-EBITDA. This places Tokura Construction Co in the top 17% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.11. Tokura Construction Co's value of 1.03 is 51.2% below this benchmark. Historically, Tokura Construction Co's own Debt-to-EBITDA has ranged from 0.37 to 4.02 over the past decade. While the company's 10-year median is 2.49 vs. the industry median of 2.11, Tokura 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.11, based on 1,410 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. Tokura Construction Co's current Debt-to-EBITDA of 1.03 is 51.2% 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 Tokura Construction Co. For the Construction industry, the median Debt-to-EBITDA is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokura Construction Co's current Debt-to-EBITDA is 1.03, which is 59% below median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokura Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Tokura Construction Co (NGO:1892) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,656.67, compared to a current price of 円7,810.00 — trading 67.7% above its estimated fair value. The current Debt-to-EBITDA is 1.03, which is 59% below median its 10-year median of 2.49 and 51.2% below the Construction industry median of 2.11. Tokura Construction Co's overall GF Score™ is 66/100 with 8 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 Tokura Construction Co (NGO:1892), the current Debt-to-EBITDA is 1.03 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 Tokura Construction Co (NGO:1892) Overvalued in 2026?
Based on GuruFocus' analysis, Tokura Construction Co stock appears to be overvalued.
The current stock price of 円7,810.00 is trading 67.7% above its estimated GF Value™ of 円4,656.67.
GuruFocus considers Tokura Construction Co to be Significantly Overvalued.
Key valuation signals for NGO:1892:
Debt-to-EBITDA: 1.03 (59% below median its 10-year median of 2.49)
GF Value™: 円4,656.67 vs. price of 円7,810.00 (67.7% above fair value)
Industry Position: 51.2% below the Construction median (#239 of 1410)
No single metric tells the full story. See the NGO:1892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokura Construction Co Ltd is a Japan-based company engaged in the business of engineering and construction works. Its operations are carried out through the following business divisions: Construction, Civil Engineering, Real Estate, and Others. It generates the majority of its revenue from the Construction segment.
66GF Score
Get the complete analysis for NGO:1892
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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