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Alpen CoNGO:3028 70 Debt-to-EBITDA is 4.12 as of Mar. 2026, which is 199% above its 10-year median of 1.38. GuruFocus rates NGO:3028 with a GF Score™ of 70/100 and a GF Value™ of 円2,039.98. The stock has 4 warning signs investors should review. Among 910 Retail - Cyclical companies, Alpen Co ranks better than 83.52% 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 Alpen Co's Debt-to-EBITDA or its related term are showing as below:
NGO:3028'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.51 Med: 1.38 Max: 4.76
Current: 0.72
During the past 13 years, the highest Debt-to-EBITDA Ratio of Alpen Co was 4.76. The lowest was 0.51. And the median was 1.38.
NGO:3028's Debt-to-EBITDA is ranked better than 83.52% of 910
companies
in the Retail - Cyclical industry
Industry Median: 2.35
vs NGO:3028: 0.72
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.
Alpen Co Debt-to-EBITDA Related Terms
Alpen Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Alpen 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:3028 vs CASY, WSM, ULTA: Debt-to-EBITDA Comparison
For the Specialty Retail subindustry, Alpen 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.
Alpen Co Debt-to-EBITDA vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Alpen Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Alpen 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.
Alpen Co (NGO:3028) has a Debt-to-EBITDA of 4.12 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 Alpen Co. This is 199% above median its historical median of 1.38. Over the past decade, Alpen Co's Debt-to-EBITDA has ranged from 0.51 to 4.76. According to the industry distribution chart, Alpen Co ranks #150 out of 910 companies in the Retail - Cyclical industry, placing it in the top 16.5%.
Is Alpen Co's Debt-to-EBITDA too high?
Alpen Co's current Debt-to-EBITDA of 4.12 is 199% above median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 4.76. The Retail - Cyclical industry median Debt-to-EBITDA is 2.35. Alpen Co's value of 4.12 is 75.3% above this industry median. Based on the distribution chart, Alpen Co ranks #150 out of 910 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Alpen Co has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Alpen Co's Debt-to-EBITDA compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Alpen Co ranks #150 out of 910 companies for Debt-to-EBITDA. This places Alpen Co in the top 17% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.35. Alpen Co's value of 4.12 is 75.3% above this benchmark. Historically, Alpen Co's own Debt-to-EBITDA has ranged from 0.51 to 4.76 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 2.35, Alpen Co 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 Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.35, based on 910 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. Alpen Co's current Debt-to-EBITDA of 4.12 is 75.3% 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 Alpen Co. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpen Co's current Debt-to-EBITDA is 4.12, which is 199% above median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpen Co stock overvalued right now?
Alpen Co (NGO:3028) has a current Debt-to-EBITDA of 4.12. The stock's GF Value™ is 円2,039.98, compared to a current price of 円2,005.00 — trading 1.7% below its estimated fair value. The current Debt-to-EBITDA is 4.12, which is 199% above median its 10-year median of 1.38 and 75.3% above the Retail - Cyclical industry median of 2.35. Alpen Co's overall GF Score™ is 70/100 with 4 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 Alpen Co (NGO:3028), the current Debt-to-EBITDA is 4.12 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 Alpen Co (NGO:3028) Overvalued in 2026?
Based on GuruFocus' analysis, Alpen Co stock appears to be undervalued.
The current stock price of 円2,005.00 is trading 1.7% below its estimated GF Value™ of 円2,039.98.
Key valuation signals for NGO:3028:
Debt-to-EBITDA: 4.12 (199% above median its 10-year median of 1.38)
GF Value™: 円2,039.98 vs. price of 円2,005.00 (1.7% below fair value)
Industry Position: 75.3% above the Retail - Cyclical median (#150 of 910)
No single metric tells the full story. See the NGO:3028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alpen Co Ltd is a Japan-based specialty retailer that is primarily engaged in the production and sale of sports products. The company's products consist of sports equipment, apparel, accessories, dietary supplements, and other items. The company operates through three store formats, including Alpen, focusing on products related to winter sports; Golf 5, primarily providing golf-related sports products; Sports Depo, which offers all kinds of sporting goods. The Sports Depo accounts for around half of the company's total revenue. The company runs a nationwide retail network across Japan.
70GF Score
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