Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ShinMaywa IndustriesSHMWF 79 Debt-to-EBITDA is 1.50 as of Mar. 2026, which is 49% below its 10-year median of 2.96. GuruFocus rates SHMWF with a GF Score™ of 79/100 and a GF Value™ of $9.08 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 460 Conglomerates companies, ShinMaywa Industries ranks better than 58.26% 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 ShinMaywa Industries's Debt-to-EBITDA or its related term are showing as below:
SHMWF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01 Med: 2.96 Max: 3.64
Current: 2.14
During the past 13 years, the highest Debt-to-EBITDA Ratio of ShinMaywa Industries was 3.64. The lowest was 0.01. And the median was 2.96.
SHMWF's Debt-to-EBITDA is ranked better than 58.26% of 460
companies
in the Conglomerates industry
Industry Median: 2.705
vs SHMWF: 2.14
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.
ShinMaywa Industries Debt-to-EBITDA Related Terms
ShinMaywa Industries Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for ShinMaywa Industries'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 Conglomerates subindustry, ShinMaywa Industries'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.
ShinMaywa Industries Debt-to-EBITDA vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, ShinMaywa Industries's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where ShinMaywa Industries'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.
ShinMaywa Industries (SHMWF) has a Debt-to-EBITDA of 1.50 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 ShinMaywa Industries. This is 49% below median its historical median of 2.96. Over the past decade, ShinMaywa Industries' Debt-to-EBITDA has ranged from 0.01 to 3.64. According to the industry distribution chart, ShinMaywa Industries ranks #192 out of 460 companies in the Conglomerates industry, placing it in the top 41.7%.
Is ShinMaywa Industries' Debt-to-EBITDA too high?
ShinMaywa Industries' current Debt-to-EBITDA of 1.50 is 49% below median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 3.64. The Conglomerates industry median Debt-to-EBITDA is 2.71. ShinMaywa Industries' value of 1.50 is 44.5% below this industry median. Based on the distribution chart, ShinMaywa Industries ranks #192 out of 460 companies in the Conglomerates industry, which is above the industry midpoint. Overall, ShinMaywa Industries has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ShinMaywa Industries' Debt-to-EBITDA compare to HON and MMM?
According to the Conglomerates industry distribution chart, ShinMaywa Industries ranks #192 out of 460 companies for Debt-to-EBITDA. This puts ShinMaywa Industries in the upper half of its industry. The industry median Debt-to-EBITDA is 2.71. ShinMaywa Industries' value of 1.50 is 44.5% below this benchmark. Historically, ShinMaywa Industries' own Debt-to-EBITDA has ranged from 0.01 to 3.64 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 2.71, ShinMaywa Industries 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 Conglomerates company?
The median Debt-to-EBITDA among Conglomerates companies is 2.71, based on 460 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. ShinMaywa Industries's current Debt-to-EBITDA of 1.50 is 44.5% 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 ShinMaywa Industries. For the Conglomerates industry, the median Debt-to-EBITDA is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ShinMaywa Industries's current Debt-to-EBITDA is 1.50, which is 49% below median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ShinMaywa Industries stock overvalued right now?
Based on GuruFocus' analysis, ShinMaywa Industries (SHMWF) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.08, compared to a current price of $13.30 — trading 46.5% above its estimated fair value. The current Debt-to-EBITDA is 1.50, which is 49% below median its 10-year median of 2.96 and 44.5% below the Conglomerates industry median of 2.71. ShinMaywa Industries' overall GF Score™ is 79/100 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 ShinMaywa Industries (SHMWF), the current Debt-to-EBITDA is 1.50 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 ShinMaywa Industries (SHMWF) Overvalued in 2026?
Based on GuruFocus' analysis, ShinMaywa Industries stock appears to be overvalued.
The current stock price of $13.30 is trading 46.5% above its estimated GF Value™ of $9.08.
GuruFocus considers ShinMaywa Industries to be Significantly Overvalued.
Key valuation signals for SHMWF:
Debt-to-EBITDA: 1.50 (49% below median its 10-year median of 2.96)
GF Value™: $9.08 vs. price of $13.30 (46.5% above fair value)
Industry Position: 44.5% below the Conglomerates median (#192 of 460)
No single metric tells the full story. See the SHMWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ShinMaywa Industries Ltd manufactures a wide range of products, including parking systems, aircrafts, trucks, and other industrial systems. The company has four operating segments: aircraft, special-purpose truck, industrial machinery and environmental systems, and parking systems. The special-purpose truck segment generates roughly half of total sales and focuses on distributing dump trucks, lifters, compactors, and forestry machinery. The aircraft segment sells amphibian aircraft (capable of open-sea landing and takeoff) and aircraft parts to other manufacturers. Sales to customers located in Japan constitute about three fourths of total revenue.
79GF Score
Get the complete analysis for SHMWF
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHMWF has been successfully added to your 
