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ObayashiOBYCF -7.37%79 Debt-to-EBITDA is 0.93 as of Mar. 2026, which is 46% below its 10-year median of 1.71. GuruFocus rates OBYCF with a GF Score™ of 79/100 and a GF Value™ of $15.28 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,405 Construction companies, Obayashi ranks better than 65.2% 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 Obayashi's Debt-to-EBITDA or its related term are showing as below:
OBYCF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.23 Med: 1.71 Max: 3.56
Current: 1.23
During the past 13 years, the highest Debt-to-EBITDA Ratio of Obayashi was 3.56. The lowest was 1.23. And the median was 1.71.
OBYCF's Debt-to-EBITDA is ranked better than 65.2% of 1405
companies
in the Construction industry
Industry Median: 2.17
vs OBYCF: 1.23
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.
Obayashi Debt-to-EBITDA Related Terms
Obayashi Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Obayashi'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 Engineering & Construction subindustry, Obayashi'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.
Obayashi Debt-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, Obayashi's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Obayashi'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.
Obayashi (OBYCF) has a Debt-to-EBITDA of 0.93 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 Obayashi. This is 46% below median its historical median of 1.71. Over the past decade, Obayashi's Debt-to-EBITDA has ranged from 1.23 to 3.56. According to the industry distribution chart, Obayashi ranks #489 out of 1405 companies in the Construction industry, placing it in the top 34.8%.
Is Obayashi's Debt-to-EBITDA too high?
Obayashi's current Debt-to-EBITDA of 0.93 is 46% below median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 3.56. The Construction industry median Debt-to-EBITDA is 2.17. Obayashi's value of 0.93 is 57.1% below this industry median. Based on the distribution chart, Obayashi ranks #489 out of 1405 companies in the Construction industry, which is above the industry midpoint. Overall, Obayashi has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Obayashi's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Obayashi ranks #489 out of 1405 companies for Debt-to-EBITDA. This puts Obayashi in the upper half of its industry. The industry median Debt-to-EBITDA is 2.17. Obayashi's value of 0.93 is 57.1% below this benchmark. Historically, Obayashi's own Debt-to-EBITDA has ranged from 1.23 to 3.56 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 2.17, Obayashi 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.17, based on 1,405 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. Obayashi's current Debt-to-EBITDA of 0.93 is 57.1% 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 Obayashi. For the Construction industry, the median Debt-to-EBITDA is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Obayashi's current Debt-to-EBITDA is 0.93, which is 46% below median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Obayashi stock overvalued right now?
Based on GuruFocus' analysis, Obayashi (OBYCF) is currently considered Modestly Overvalued. The stock's GF Value™ is $15.28, compared to a current price of $18.64 — trading 22% above its estimated fair value. The current Debt-to-EBITDA is 0.93, which is 46% below median its 10-year median of 1.71 and 57.1% below the Construction industry median of 2.17. Obayashi's overall GF Score™ is 79/100 with 2 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 Obayashi (OBYCF), the current Debt-to-EBITDA is 0.93 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 Obayashi (OBYCF) Overvalued in 2026?
Based on GuruFocus' analysis, Obayashi stock appears to be overvalued.
The current stock price of $18.64 is trading 22% above its estimated GF Value™ of $15.28.
GuruFocus considers Obayashi to be Modestly Overvalued.
Key valuation signals for OBYCF:
Debt-to-EBITDA: 0.93 (46% below median its 10-year median of 1.71)
GF Value™: $15.28 vs. price of $18.64 (22% above fair value)
Industry Position: 57.1% below the Construction median (#489 of 1405)
No single metric tells the full story. See the OBYCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Obayashi Corp is a Japan-based company mainly engaged in construction and real estate business. The company operates through five segments. The Domestic Architecture segment undertakes construction work in Japan, while the Domestic Civil Engineering segment handles civil engineering projects within the country. The Overseas Architecture and Overseas Civil Engineering segments are involved in construction and civil engineering projects abroad. The Real Estate segment focuses on development activities, including real estate sales, leasing, and residential land development. The Others segment is engaged in PFI projects, renewable energy, rug business, and financial services. It generates the majority of its revenue from the Domestic Architecture segment.
79GF 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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