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Asahi KaseiSTU:ASAA -0.49%79 Debt-to-EBITDA is 2.68 as of Mar. 2026, which is 14% above its 10-year median of 2.35. GuruFocus rates STU:ASAA with a GF Score™ of 79/100 and a GF Value™ of €6.61 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 459 Conglomerates companies, Asahi Kasei ranks better than 55.56% 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 Asahi Kasei's Debt-to-EBITDA or its related term are showing as below:
STU:ASAA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.9 Med: 2.35 Max: 8.08
Current: 2.39
During the past 13 years, the highest Debt-to-EBITDA Ratio of Asahi Kasei was 8.08. The lowest was 0.90. And the median was 2.35.
STU:ASAA's Debt-to-EBITDA is ranked better than 55.56% of 459
companies
in the Conglomerates industry
Industry Median: 2.71
vs STU:ASAA: 2.39
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.
Asahi Kasei Debt-to-EBITDA Related Terms
Asahi Kasei Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Asahi Kasei'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, Asahi Kasei'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.
Asahi Kasei Debt-to-EBITDA vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Asahi Kasei's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Asahi Kasei'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.
Asahi Kasei (STU:ASAA) has a Debt-to-EBITDA of 2.68 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 Asahi Kasei. This is 14% above median its historical median of 2.35. Over the past decade, Asahi Kasei's Debt-to-EBITDA has ranged from 0.90 to 8.08. According to the industry distribution chart, Asahi Kasei ranks #204 out of 459 companies in the Conglomerates industry, placing it in the top 44.4%.
Is Asahi Kasei's Debt-to-EBITDA too high?
Asahi Kasei's current Debt-to-EBITDA of 2.68 is 14% above median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 8.08. The Conglomerates industry median Debt-to-EBITDA is 2.71. Asahi Kasei's value of 2.68 is 1.1% below this industry median. Based on the distribution chart, Asahi Kasei ranks #204 out of 459 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Asahi Kasei has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Kasei's Debt-to-EBITDA compare to MMM and HON?
According to the Conglomerates industry distribution chart, Asahi Kasei ranks #204 out of 459 companies for Debt-to-EBITDA. This puts Asahi Kasei in the upper half of its industry. The industry median Debt-to-EBITDA is 2.71. Asahi Kasei's value of 2.68 is 1.1% below this benchmark. Historically, Asahi Kasei's own Debt-to-EBITDA has ranged from 0.90 to 8.08 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 2.71, Asahi Kasei 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 459 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. Asahi Kasei's current Debt-to-EBITDA of 2.68 is 1.1% 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 Asahi Kasei. 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. Asahi Kasei's current Debt-to-EBITDA is 2.68, which is 14% above median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Kasei stock overvalued right now?
Based on GuruFocus' analysis, Asahi Kasei (STU:ASAA) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.61, compared to a current price of €9.74 — trading 47.4% above its estimated fair value. The current Debt-to-EBITDA is 2.68, which is 14% above median its 10-year median of 2.35 and 1.1% below the Conglomerates industry median of 2.71. Asahi Kasei's overall GF Score™ is 79/100 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 Asahi Kasei (STU:ASAA), the current Debt-to-EBITDA is 2.68 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 Asahi Kasei (STU:ASAA) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi Kasei stock appears to be overvalued.
The current stock price of €9.74 is trading 47.4% above its estimated GF Value™ of €6.61.
GuruFocus considers Asahi Kasei to be Significantly Overvalued.
Key valuation signals for STU:ASAA:
Debt-to-EBITDA: 2.68 (14% above median its 10-year median of 2.35)
GF Value™: €6.61 vs. price of €9.74 (47.4% above fair value)
Industry Position: 1.1% below the Conglomerates median (#204 of 459)
No single metric tells the full story. See the STU:ASAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi Kasei Corp is a Japanese industrial conglomerate mainly engaged in materials, housing, and healthcare businesses. The Health Care segment covers pharmaceuticals, healthcare, and critical care. The Housing segment includes housing and building materials businesses. The Material segment consists of environmental solutions, mobility & industry, AL business, and life innovation, such as digital solutions and comfort life. The Others segment includes plant and environmental engineering, research and information services, as well as staffing and placement businesses. It generates the majority of its revenue from the Material segment.
79GF Score
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