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Nippon SteelNISTF -0.35%68 Debt-to-EBITDA is 1.79 as of Mar. 2026, which is 47% below its 10-year median of 3.37. GuruFocus rates NISTF with a GF Score™ of 68/100 and a GF Value™ of $4.78 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 493 Steel companies, Nippon Steel ranks worse than 73.23% 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 Nippon Steel's Debt-to-EBITDA or its related term are showing as below:
NISTF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.19 Med: 3.37 Max: 131.5
Current: 6.1
During the past 13 years, the highest Debt-to-EBITDA Ratio of Nippon Steel was 131.50. The lowest was 2.19. And the median was 3.37.
NISTF's Debt-to-EBITDA is ranked worse than 73.23% of 493
companies
in the Steel industry
Industry Median: 2.85
vs NISTF: 6.10
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.
Nippon Steel Debt-to-EBITDA Related Terms
Nippon Steel Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Nippon Steel'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.
For the Steel subindustry, Nippon Steel'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.
Nippon Steel Debt-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, Nippon Steel's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Nippon Steel'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.
Nippon Steel (NISTF) has a Debt-to-EBITDA of 1.79 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 Nippon Steel. This is 47% below median its historical median of 3.37. Over the past decade, Nippon Steel's Debt-to-EBITDA has ranged from 2.19 to 131.50. According to the industry distribution chart, Nippon Steel ranks #361 out of 493 companies in the Steel industry, placing it in the top 73.2%.
Is Nippon Steel's Debt-to-EBITDA too high?
Nippon Steel's current Debt-to-EBITDA of 1.79 is 47% below median its 10-year median of 3.37. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 131.50. The Steel industry median Debt-to-EBITDA is 2.85. Nippon Steel's value of 1.79 is 37.2% below this industry median. Based on the distribution chart, Nippon Steel ranks #361 out of 493 companies in the Steel industry, which is below the industry midpoint. Overall, Nippon Steel has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Steel's Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Nippon Steel ranks #361 out of 493 companies for Debt-to-EBITDA. This places Nippon Steel in the lower half of its industry. The industry median Debt-to-EBITDA is 2.85. Nippon Steel's value of 1.79 is 37.2% below this benchmark. Historically, Nippon Steel's own Debt-to-EBITDA has ranged from 2.19 to 131.50 over the past decade. While the company's 10-year median is 3.37 vs. the industry median of 2.85, Nippon Steel 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.85, based on 493 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. Nippon Steel's current Debt-to-EBITDA of 1.79 is 37.2% 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 Nippon Steel. For the Steel industry, the median Debt-to-EBITDA is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Steel's current Debt-to-EBITDA is 1.79, which is 47% below median its own 10-year median of 3.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Steel stock overvalued right now?
Based on GuruFocus' analysis, Nippon Steel (NISTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.78, compared to a current price of $3.65 — trading 23.6% below its estimated fair value. The current Debt-to-EBITDA is 1.79, which is 47% below median its 10-year median of 3.37 and 37.2% below the Steel industry median of 2.85. Nippon Steel's overall GF Score™ is 68/100 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 Nippon Steel (NISTF), the current Debt-to-EBITDA is 1.79 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 Nippon Steel (NISTF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Steel stock appears to be undervalued.
The current stock price of $3.65 is trading 23.6% below its estimated GF Value™ of $4.78.
GuruFocus considers Nippon Steel to be Modestly Undervalued.
Key valuation signals for NISTF:
Debt-to-EBITDA: 1.79 (47% below median its 10-year median of 3.37)
GF Value™: $4.78 vs. price of $3.65 (23.6% below fair value)
Industry Position: 37.2% below the Steel median (#361 of 493)
No single metric tells the full story. See the NISTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Steel Corp is mainly engaged in the steel manufacturing business, engineering business, chemical & material business, and system solution business. The company operates through four business segments. The Chemicals & Materials segment manufactures and sells coal chemicals, petrochemicals, electronic materials, semiconductors, carbon fibers, composites, and processed metal products. The Engineering segment handles industrial machinery, steel structures, construction contracting, waste disposal, recycling, and energy supply. The Steel segment focuses on the production and sale of steel products. The System Solutions segment provides IT consulting, outsourcing, and related services. It generates the majority of its revenue from the Steel segment.
68GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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