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Oji HoldingsOJIPF 66 Debt-to-EBITDA is 2.34 as of Mar. 2026, which is 44% below its 10-year median of 4.18. GuruFocus rates OJIPF with a GF Score™ of 66/100 and a GF Value™ of $5.14. The stock has 7 warning signs investors should review. Among 209 Forest Products companies, Oji Holdings ranks worse than 63.16% 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 Oji Holdings's Debt-to-EBITDA or its related term are showing as below:
OJIPF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.1 Med: 4.18 Max: 4.56
Current: 4.5
During the past 13 years, the highest Debt-to-EBITDA Ratio of Oji Holdings was 4.56. The lowest was 3.10. And the median was 4.18.
OJIPF's Debt-to-EBITDA is ranked worse than 63.16% of 209
companies
in the Forest Products industry
Industry Median: 3.3
vs OJIPF: 4.50
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.
Oji Holdings Debt-to-EBITDA Related Terms
Oji Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Oji Holdings'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 Paper & Paper Products subindustry, Oji Holdings'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.
Oji Holdings Debt-to-EBITDA vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Oji Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Oji Holdings'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.
Oji Holdings (OJIPF) has a Debt-to-EBITDA of 2.34 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 Oji Holdings. This is 44% below median its historical median of 4.18. Over the past decade, Oji Holdings' Debt-to-EBITDA has ranged from 3.10 to 4.56. According to the industry distribution chart, Oji Holdings ranks #132 out of 209 companies in the Forest Products industry, placing it in the top 63.2%.
Is Oji Holdings' Debt-to-EBITDA too high?
Oji Holdings' current Debt-to-EBITDA of 2.34 is 44% below median its 10-year median of 4.18. Over the past 10 years, this metric has ranged from a low of 3.10 to a high of 4.56. The Forest Products industry median Debt-to-EBITDA is 3.30. Oji Holdings' value of 2.34 is 29.1% below this industry median. Based on the distribution chart, Oji Holdings ranks #132 out of 209 companies in the Forest Products industry, which is below the industry midpoint. Overall, Oji Holdings has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Oji Holdings' Debt-to-EBITDA compare to competitors?
According to the Forest Products industry distribution chart, Oji Holdings ranks #132 out of 209 companies for Debt-to-EBITDA. This places Oji Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 3.30. Oji Holdings' value of 2.34 is 29.1% below this benchmark. Historically, Oji Holdings' own Debt-to-EBITDA has ranged from 3.10 to 4.56 over the past decade. While the company's 10-year median is 4.18 vs. the industry median of 3.30, Oji Holdings 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 Forest Products company?
The median Debt-to-EBITDA among Forest Products companies is 3.30, based on 209 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. Oji Holdings's current Debt-to-EBITDA of 2.34 is 29.1% 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 Oji Holdings. For the Forest Products industry, the median Debt-to-EBITDA is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oji Holdings's current Debt-to-EBITDA is 2.34, which is 44% below median its own 10-year median of 4.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oji Holdings stock overvalued right now?
Oji Holdings (OJIPF) has a current Debt-to-EBITDA of 2.34. The stock's GF Value™ is $5.14, compared to a current price of $5.80 — trading 12.8% above its estimated fair value. The current Debt-to-EBITDA is 2.34, which is 44% below median its 10-year median of 4.18 and 29.1% below the Forest Products industry median of 3.30. Oji Holdings' overall GF Score™ is 66/100 with 7 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 Oji Holdings (OJIPF), the current Debt-to-EBITDA is 2.34 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 Oji Holdings (OJIPF) Overvalued in 2026?
Based on GuruFocus' analysis, Oji Holdings stock appears to be overvalued.
The current stock price of $5.80 is trading 12.8% above its estimated GF Value™ of $5.14.
Key valuation signals for OJIPF:
Debt-to-EBITDA: 2.34 (44% below median its 10-year median of 4.18)
GF Value™: $5.14 vs. price of $5.80 (12.8% above fair value)
Industry Position: 29.1% below the Forest Products median (#132 of 209)
No single metric tells the full story. See the OJIPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oji Holdings Corp through its group companies, is engaged in the production and distribution of pulp, paper products, and converted paper products. The company operates through five segments. The Functional Materials segment covers specialty paper, thermal paper, adhesives, and films. The Living and Industrial Materials segment includes corrugated base paper, paperboard, packaging paper, household paper, and disposable diapers. The Print Information Media segment engages in newsprint, printing, publishing, and information paper. The Resource and Environmental Business segment spans pulp, energy, afforestation, and wood processing. The Others segment comprises trading, eco-friendly packaging, logistics, engineering, real estate, and liquid cartons.
66GF Score
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