NHKGF (NHK Spring Co) Debt-to-EBITDA : 0.36 (As of Mar. 2026) — 57% Below Median

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NHKGF NHK Spring Co Ltd NHKGF
72 GF Score
Price $24.51
GF Value $11.33
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is NHK Spring Co Debt-to-EBITDA?

NHK Spring Co NHKGF 72 Debt-to-EBITDA is 0.36 as of Mar. 2026, which is 57% below its 10-year median of 0.84. GuruFocus rates NHKGF with a GF Score™ of 72/100 and a GF Value™ of $11.33 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,096 Vehicles & Parts companies, NHK Spring Co ranks better than 76.28% on this metric.

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

NHK Spring Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $237 Mil. NHK Spring Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $169 Mil. NHK Spring Co's annualized EBITDA for the quarter that ended in Mar. 2026 was $1,119 Mil. NHK Spring Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.36.

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

NHKGF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.6   Med: 0.84   Max: 1.7
Current: 0.79

During the past 13 years, the highest Debt-to-EBITDA Ratio of NHK Spring Co was 1.70. The lowest was 0.60. And the median was 0.84.

NHKGF's Debt-to-EBITDA is ranked better than
76.28% of 1096 companies
in the Vehicles & Parts industry
Industry Median: 2.25 vs NHKGF: 0.79

NHK Spring Co  (OTCPK:NHKGF) 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.


NHK Spring Co Debt-to-EBITDA Related Terms


NHK Spring Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for NHK Spring 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.

NHK Spring Co Debt-to-EBITDA Chart

NHK Spring 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 0.67 0.87 0.60 0.81 0.79

NHK Spring Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.38 2.01 1.00 7.98 0.36

NHKGF vs ORLY, AZO: Debt-to-EBITDA Comparison

For the Auto Parts subindustry, NHK Spring 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.


NHK Spring Co Debt-to-EBITDA vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NHK Spring Co's Debt-to-EBITDA distribution charts can be found below:

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


NHKGF
72GF Score
NHK Spring Co Ltd NHKGF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NHK Spring Co Debt-to-EBITDA Calculation

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

NHK Spring 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
=(237.146 + 169.13) / 512.81
=0.79

NHK Spring 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
=(237.146 + 169.13) / 1118.812
=0.36

* 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 0.36 mean?
NHK Spring Co (NHKGF) has a Debt-to-EBITDA of 0.36 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 NHK Spring Co. This is 57% below median its historical median of 0.84. Over the past decade, NHK Spring Co's Debt-to-EBITDA has ranged from 0.60 to 1.70. According to the industry distribution chart, NHK Spring Co ranks #260 out of 1096 companies in the Vehicles & Parts industry, placing it in the top 23.7%.
Is NHK Spring Co's Debt-to-EBITDA too high?
NHK Spring Co's current Debt-to-EBITDA of 0.36 is 57% below median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.70. The Vehicles & Parts industry median Debt-to-EBITDA is 2.25. NHK Spring Co's value of 0.36 is 84% below this industry median. Based on the distribution chart, NHK Spring Co ranks #260 out of 1096 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, NHK Spring Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NHK Spring Co's Debt-to-EBITDA compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NHK Spring Co ranks #260 out of 1096 companies for Debt-to-EBITDA. This places NHK Spring Co in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.25. NHK Spring Co's value of 0.36 is 84% below this benchmark. Historically, NHK Spring Co's own Debt-to-EBITDA has ranged from 0.60 to 1.70 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 2.25, NHK Spring 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 Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.25, based on 1,096 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. NHK Spring Co's current Debt-to-EBITDA of 0.36 is 84% 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 NHK Spring Co. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NHK Spring Co's current Debt-to-EBITDA is 0.36, which is 57% below median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NHK Spring Co stock overvalued right now?
Based on GuruFocus' analysis, NHK Spring Co (NHKGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.33, compared to a current price of $24.51 — trading 116.3% above its estimated fair value. The current Debt-to-EBITDA is 0.36, which is 57% below median its 10-year median of 0.84 and 84% below the Vehicles & Parts industry median of 2.25. NHK Spring Co's overall GF Score™ is 72/100 with 1 warning sign 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 NHK Spring Co (NHKGF), the current Debt-to-EBITDA is 0.36 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 NHK Spring Co (NHKGF) Overvalued in 2026?

Based on GuruFocus' analysis, NHK Spring Co stock appears to be overvalued. The current stock price of $24.51 is trading 116.3% above its estimated GF Value™ of $11.33. GuruFocus considers NHK Spring Co to be Significantly Overvalued.

Key valuation signals for NHKGF:

  • Debt-to-EBITDA: 0.36 (57% below median its 10-year median of 0.84)
  • GF Value™: $11.33 vs. price of $24.51 (116.3% above fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 84% below the Vehicles & Parts median (#260 of 1096)

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


NHK Spring Co Business Description

Other Exchanges 5991:Japan
Address 3-10 Fukuura, Kanazawa-ku, Yokohama, JPN, 236-0004
NHK Spring Co Ltd is a Japanese manufacturer of suspension springs for automobiles and precision springs used in hard disk drive components. The company operates through five segments. The Disc drive suspension (DDS) segment covers disc drive suspension products. The Industrial Equipment segment includes semiconductor process parts, ceramic products, spring mechanisms, piping support devices, parking devices, and other equipment. The Precision Parts segment handles HDD components, wire, and thin plate springs, motor cores, probe units, fasteners, and other precision products. The Sheet segment provides automobile seats, seat mechanisms, and interior parts, while the Suspension Spring segment offers coil springs, leaf springs, stabilizers, accumulators, torsion bars, and related components.
72GF Score

Get the complete analysis for NHKGF

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

$24.51
Price
$11.33
GF Value