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Shinwa CoNGO:3447 65 Debt-to-EBITDA is 2.82 as of Mar. 2026, which is 17% above its 10-year median of 2.41. GuruFocus rates NGO:3447 with a GF Score™ of 65/100 and a GF Value™ of 円1,028.88. The stock has 5 warning signs investors should review. Among 2,335 Industrial Products companies, Shinwa Co ranks worse than 68.95% 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 Shinwa Co's Debt-to-EBITDA or its related term are showing as below:
NGO:3447'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.81 Med: 2.41 Max: 4.73
Current: 3.26
During the past 10 years, the highest Debt-to-EBITDA Ratio of Shinwa Co was 4.73. The lowest was 1.81. And the median was 2.41.
NGO:3447's Debt-to-EBITDA is ranked worse than 68.95% of 2335
companies
in the Industrial Products industry
Industry Median: 1.66
vs NGO:3447: 3.26
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.
Shinwa Co Debt-to-EBITDA Related Terms
Shinwa Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Shinwa 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:3447 vs CRS, ATI, MLI: Debt-to-EBITDA Comparison
For the Metal Fabrication subindustry, Shinwa 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.
Shinwa Co Debt-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shinwa Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Shinwa 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.
Shinwa Co (NGO:3447) has a Debt-to-EBITDA of 2.82 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 Shinwa Co. This is 17% above median its historical median of 2.41. Over the past decade, Shinwa Co's Debt-to-EBITDA has ranged from 1.81 to 4.73. According to the industry distribution chart, Shinwa Co ranks #1610 out of 2335 companies in the Industrial Products industry, placing it in the top 69%.
Is Shinwa Co's Debt-to-EBITDA too high?
Shinwa Co's current Debt-to-EBITDA of 2.82 is 17% above median its 10-year median of 2.41. Over the past 10 years, this metric has ranged from a low of 1.81 to a high of 4.73. The Industrial Products industry median Debt-to-EBITDA is 1.66. Shinwa Co's value of 2.82 is 69.9% above this industry median. Based on the distribution chart, Shinwa Co ranks #1610 out of 2335 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shinwa Co has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Shinwa Co's Debt-to-EBITDA compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Shinwa Co ranks #1610 out of 2335 companies for Debt-to-EBITDA. This places Shinwa Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.66. Shinwa Co's value of 2.82 is 69.9% above this benchmark. Historically, Shinwa Co's own Debt-to-EBITDA has ranged from 1.81 to 4.73 over the past decade. While the company's 10-year median is 2.41 vs. the industry median of 1.66, Shinwa 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.66, based on 2,335 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. Shinwa Co's current Debt-to-EBITDA of 2.82 is 69.9% 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 Shinwa Co. For the Industrial Products industry, the median Debt-to-EBITDA is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinwa Co's current Debt-to-EBITDA is 2.82, which is 17% above median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinwa Co stock overvalued right now?
Shinwa Co (NGO:3447) has a current Debt-to-EBITDA of 2.82. The stock's GF Value™ is 円1,028.88, compared to a current price of 円886.00 — trading 13.9% below its estimated fair value. The current Debt-to-EBITDA is 2.82, which is 17% above median its 10-year median of 2.41 and 69.9% above the Industrial Products industry median of 1.66. Shinwa Co's overall GF Score™ is 65/100 with 5 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 Shinwa Co (NGO:3447), the current Debt-to-EBITDA is 2.82 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 Shinwa Co (NGO:3447) Overvalued in 2026?
Based on GuruFocus' analysis, Shinwa Co stock appears to be undervalued.
The current stock price of 円886.00 is trading 13.9% below its estimated GF Value™ of 円1,028.88.
Key valuation signals for NGO:3447:
Debt-to-EBITDA: 2.82 (17% above median its 10-year median of 2.41)
GF Value™: 円1,028.88 vs. price of 円886.00 (13.9% below fair value)
Industry Position: 69.9% above the Industrial Products median (#1610 of 2335)
No single metric tells the full story. See the NGO:3447 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinwa Co Ltd is a Japan-based company offering temporary construction materials and distribution equipment. Products offered by the company include Shinwa catcher, Shinwa pallet, logistics equipment and other safety equipment such as preceding handrail safe hangers, baseboard safe angles, simple lift handling boxes.
65GF Score
Get the complete analysis for NGO:3447
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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