Fusion Co (SSE:3977) Debt-to-EBITDA : 0.53 (As of Feb. 2026) — 78% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SSE:3977 Fusion Co Ltd SSE:3977
74 GF Score
Price 円507.00
GF Value 円520.12
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Fusion Co Debt-to-EBITDA?

Fusion Co SSE:3977 -1.93% 74 Debt-to-EBITDA is 0.53 as of Feb. 2026, which is 78% below its 10-year median of 2.39. GuruFocus rates SSE:3977 with a GF Score™ of 74/100 and a GF Value™ of 円520.12 (Fairly Valued). The stock has 2 warning signs investors should review. Among 689 Media - Diversified companies, Fusion Co ranks better than 56.89% on this metric.

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

Fusion Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円40 Mil. Fusion Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円117 Mil. Fusion Co's annualized EBITDA for the quarter that ended in Feb. 2026 was 円298 Mil. Fusion Co's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 was 0.53.

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

SSE:3977' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.17   Med: 2.39   Max: 14.13
Current: 1.3

During the past 11 years, the highest Debt-to-EBITDA Ratio of Fusion Co was 14.13. The lowest was -1.17. And the median was 2.39.

SSE:3977's Debt-to-EBITDA is ranked better than
56.89% of 689 companies
in the Media - Diversified industry
Industry Median: 1.62 vs SSE:3977: 1.30

Fusion Co  (SSE:3977) 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.


Fusion Co Debt-to-EBITDA Related Terms


Fusion Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Fusion 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.

Fusion Co Debt-to-EBITDA Chart

Fusion Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.63 1.26 0.59 14.13 5.68

Fusion Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -3.05 -2.86 -2.59 0.53 0.53

SSE:3977 vs APP, OMC, TTD: Debt-to-EBITDA Comparison

For the Advertising Agencies subindustry, Fusion 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.


Fusion Co Debt-to-EBITDA vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Fusion Co's Debt-to-EBITDA distribution charts can be found below:

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


SSE:3977
74GF Score
Fusion Co Ltd SSE:3977
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fusion Co Debt-to-EBITDA Calculation

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

Fusion Co's Debt-to-EBITDA for the fiscal year that ended in Feb. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(40.008 + 116.65) / 27.58
=5.68

Fusion Co's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(40.008 + 116.65) / 298.34
=0.53

* 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 (Feb. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.53 mean?
Fusion Co (SSE:3977) has a Debt-to-EBITDA of 0.53 as of Feb. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Fusion Co. This is 78% below median its historical median of 2.39. According to the industry distribution chart, Fusion Co ranks #297 out of 689 companies in the Media - Diversified industry, placing it in the top 43.1%.
Is Fusion Co's Debt-to-EBITDA too high?
Fusion Co's current Debt-to-EBITDA of 0.53 is 78% below median its 10-year median of 2.39. The Media - Diversified industry median Debt-to-EBITDA is 1.62. Fusion Co's value of 0.53 is 67.3% below this industry median. Based on the distribution chart, Fusion Co ranks #297 out of 689 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Fusion Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fusion Co's Debt-to-EBITDA compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Fusion Co ranks #297 out of 689 companies for Debt-to-EBITDA. This puts Fusion Co in the upper half of its industry. The industry median Debt-to-EBITDA is 1.62. Fusion Co's value of 0.53 is 67.3% below this benchmark. While the company's 10-year median is 2.39 vs. the industry median of 1.62, Fusion 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 Media - Diversified company?
The median Debt-to-EBITDA among Media - Diversified companies is 1.62, based on 689 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. Fusion Co's current Debt-to-EBITDA of 0.53 is 67.3% 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 Fusion Co. For the Media - Diversified industry, the median Debt-to-EBITDA is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fusion Co's current Debt-to-EBITDA is 0.53, which is 78% below median its own 10-year median of 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fusion Co stock overvalued right now?
Based on GuruFocus' analysis, Fusion Co (SSE:3977) is currently considered Fairly Valued. The stock's GF Value™ is 円520.12, compared to a current price of 円507.00 — trading 2.5% below its estimated fair value. The current Debt-to-EBITDA is 0.53, which is 78% below median its 10-year median of 2.39 and 67.3% below the Media - Diversified industry median of 1.62. Fusion Co's overall GF Score™ is 74/100 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 Fusion Co (SSE:3977), the current Debt-to-EBITDA is 0.53 as of Feb. 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 Fusion Co (SSE:3977) Overvalued in 2026?

Based on GuruFocus' analysis, Fusion Co stock appears to be undervalued. The current stock price of 円507.00 is trading 2.5% below its estimated GF Value™ of 円520.12. GuruFocus considers Fusion Co to be Fairly Valued.

Key valuation signals for SSE:3977:

  • Debt-to-EBITDA: 0.53 (78% below median its 10-year median of 2.39)
  • GF Value™: 円520.12 vs. price of 円507.00 (2.5% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 67.3% below the Media - Diversified median (#297 of 689)

No single metric tells the full story. See the SSE:3977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fusion Co Business Description

Address Kita 4-chome Nishi 4-chome 1, 4th Floor, Ito Building, Chuo Ward, Sapporo, JPN, 060-0004
Fusion Co Ltd is a direct marketing company. It provides systematic planning, production, and consultation of various promotions. Its total solution of marketing consists of three services: marketing research, marketing system, and direct promotion.
74GF Score

Get the complete analysis for SSE:3977

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

円507.00
Price
円520.12
GF Value