Taiyo Kagaku Co (NGO:2902) Debt-to-EBITDA : 0.03 (As of Mar. 2026) — 57% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NGO:2902 Taiyo Kagaku Co Ltd NGO:2902
76 GF Score
Price 円2,675.00
GF Value 円1,841.71
Valuation Significantly Overvalued
View Full Analysis

What is Taiyo Kagaku Co Debt-to-EBITDA?

Taiyo Kagaku Co NGO:2902 +0.19% 76 Debt-to-EBITDA is 0.03 as of Mar. 2026, which is 57% below its 10-year median of 0.07. GuruFocus rates NGO:2902 with a GF Score™ of 76/100 and a GF Value™ of 円1,841.71 (Significantly Overvalued). Among 1,241 Chemicals companies, Taiyo Kagaku Co ranks better than 95.73% on this metric.

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

Taiyo Kagaku Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円0 Mil. Taiyo Kagaku Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円383 Mil. Taiyo Kagaku Co's annualized EBITDA for the quarter that ended in Mar. 2026 was 円15,165 Mil. Taiyo Kagaku Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.03.

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

NGO:2902' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.04   Med: 0.07   Max: 0.39
Current: 0.04

During the past 13 years, the highest Debt-to-EBITDA Ratio of Taiyo Kagaku Co was 0.39. The lowest was 0.04. And the median was 0.07.

NGO:2902's Debt-to-EBITDA is ranked better than
95.73% of 1241 companies
in the Chemicals industry
Industry Median: 2.15 vs NGO:2902: 0.04

Taiyo Kagaku Co  (NGO:2902) 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.


Taiyo Kagaku Co Debt-to-EBITDA Related Terms


Taiyo Kagaku Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Taiyo Kagaku 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.

Taiyo Kagaku Co Debt-to-EBITDA Chart

Taiyo Kagaku 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 0.07 0.39 0.07 0.04 0.04

Taiyo Kagaku Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 N/A 0.06 0.03 0.08 0.03

NGO:2902 vs LIN, SHW, ECL: Debt-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Taiyo Kagaku 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.


Taiyo Kagaku Co Debt-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiyo Kagaku Co's Debt-to-EBITDA distribution charts can be found below:

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


NGO:2902
76GF Score
Taiyo Kagaku Co Ltd NGO:2902
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiyo Kagaku Co Debt-to-EBITDA Calculation

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

Taiyo Kagaku 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
=(0 + 383.371) / 9547.121
=0.04

Taiyo Kagaku 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
=(0 + 383.371) / 15164.856
=0.03

* 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 0.03 mean?
Taiyo Kagaku Co (NGO:2902) has a Debt-to-EBITDA of 0.03 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 Taiyo Kagaku Co. This is 57% below median its historical median of 0.07. Over the past decade, Taiyo Kagaku Co's Debt-to-EBITDA has ranged from 0.04 to 0.39. According to the industry distribution chart, Taiyo Kagaku Co ranks #53 out of 1241 companies in the Chemicals industry, placing it in the top 4.3%.
Is Taiyo Kagaku Co's Debt-to-EBITDA too high?
Taiyo Kagaku Co's current Debt-to-EBITDA of 0.03 is 57% below median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.39. The Chemicals industry median Debt-to-EBITDA is 2.15. Taiyo Kagaku Co's value of 0.03 is 98.6% below this industry median. Based on the distribution chart, Taiyo Kagaku Co ranks #53 out of 1241 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Taiyo Kagaku Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiyo Kagaku Co's Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiyo Kagaku Co ranks #53 out of 1241 companies for Debt-to-EBITDA. This places Taiyo Kagaku Co in the top 4% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.15. Taiyo Kagaku Co's value of 0.03 is 98.6% below this benchmark. Historically, Taiyo Kagaku Co's own Debt-to-EBITDA has ranged from 0.04 to 0.39 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 2.15, Taiyo Kagaku 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 Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 2.15, based on 1,241 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. Taiyo Kagaku Co's current Debt-to-EBITDA of 0.03 is 98.6% 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 Taiyo Kagaku Co. For the Chemicals industry, the median Debt-to-EBITDA is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiyo Kagaku Co's current Debt-to-EBITDA is 0.03, which is 57% below median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiyo Kagaku Co stock overvalued right now?
Based on GuruFocus' analysis, Taiyo Kagaku Co (NGO:2902) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,841.71, compared to a current price of 円2,675.00 — trading 45.2% above its estimated fair value. The current Debt-to-EBITDA is 0.03, which is 57% below median its 10-year median of 0.07 and 98.6% below the Chemicals industry median of 2.15. Taiyo Kagaku Co's overall GF Score™ is 76/100. 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 Taiyo Kagaku Co (NGO:2902), the current Debt-to-EBITDA is 0.03 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 Taiyo Kagaku Co (NGO:2902) Overvalued in 2026?

Based on GuruFocus' analysis, Taiyo Kagaku Co stock appears to be overvalued. The current stock price of 円2,675.00 is trading 45.2% above its estimated GF Value™ of 円1,841.71. GuruFocus considers Taiyo Kagaku Co to be Significantly Overvalued.

Key valuation signals for NGO:2902:

  • Debt-to-EBITDA: 0.03 (57% below median its 10-year median of 0.07)
  • GF Value™: 円1,841.71 vs. price of 円2,675.00 (45.2% above fair value)
  • GF Score™: 76/100
  • Industry Position: 98.6% below the Chemicals median (#53 of 1241)

No single metric tells the full story. See the NGO:2902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiyo Kagaku Co Business Description

Address No. 800 Yamada-cho, Mie Prefecture, Yokkaichi, JPN, 512-1111
Taiyo Kagaku Co Ltd is based in Japan. The company has three reportable segments: the Nutrition Business, the Interface Solutions Business, and the Natural Ingredients Business. The Nutrition Business manufactures and sells functional food ingredients such as catechin (green tea extract), theanine (a functional amino acid), and water-soluble dietary fiber, as well as mineral and vitamin preparations. The Interface Solutions Business manufactures and sells quality improvers such as emulsifiers. The Natural Ingredients Business manufactures and sells food ingredients such as egg products, protein ingredients, ingredients for instant foods, and processed agricultural products, as well as quality improvers and stabilizers.
76GF Score

Get the complete analysis for NGO:2902

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

円2,675.00
Price
円1,841.71
GF Value