TCNRF (Tokyo Century) Debt-to-EBITDA : 4.80 (As of Mar. 2026) — 66% Below Median

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TCNRF Tokyo Century Corp TCNRF
76 GF Score
Price $10.32
GF Value $6.99
! 8 Warning Signs
View Full Analysis

What is Tokyo Century Debt-to-EBITDA?

Tokyo Century TCNRF -6.27% 76 Debt-to-EBITDA is 4.80 as of Mar. 2026, which is 66% below its 10-year median of 14.01. GuruFocus rates TCNRF with a GF Score™ of 76/100 and a GF Value™ of $6.99. The stock has 8 warning signs investors should review. Among 831 Business Services companies, Tokyo Century ranks worse than 94.71% on this metric.

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

Tokyo Century's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $12,182 Mil. Tokyo Century's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $20,277 Mil. Tokyo Century's annualized EBITDA for the quarter that ended in Mar. 2026 was $6,766 Mil. Tokyo Century's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 4.80.

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 Tokyo Century's Debt-to-EBITDA or its related term are showing as below:

TCNRF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 11.41   Med: 14.01   Max: 16.77
Current: 11.41

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tokyo Century was 16.77. The lowest was 11.41. And the median was 14.01.

TCNRF's Debt-to-EBITDA is ranked worse than
94.71% of 831 companies
in the Business Services industry
Industry Median: 1.63 vs TCNRF: 11.41

Tokyo Century  (OTCPK:TCNRF) 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.


Tokyo Century Debt-to-EBITDA Related Terms


Tokyo Century Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tokyo Century'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.

Tokyo Century Debt-to-EBITDA Chart

Tokyo Century Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.29 16.77 12.79 11.71 11.41

Tokyo Century Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.09 31.17 4.98 -12.17 4.80

TCNRF vs URI, SUNB, AER: Debt-to-EBITDA Comparison

For the Rental & Leasing Services subindustry, Tokyo Century'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.


Tokyo Century Debt-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, Tokyo Century's Debt-to-EBITDA distribution charts can be found below:

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


TCNRF
76GF Score
Tokyo Century Corp TCNRF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Century Debt-to-EBITDA Calculation

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

Tokyo Century's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(12181.599 + 20277.365) / 2843.706
=11.41

Tokyo Century's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(12181.599 + 20277.365) / 6766.384
=4.80

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.80 mean?
Tokyo Century (TCNRF) has a Debt-to-EBITDA of 4.80 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 Tokyo Century. This is 66% below median its historical median of 14.01. Over the past decade, Tokyo Century's Debt-to-EBITDA has ranged from 11.41 to 16.77. According to the industry distribution chart, Tokyo Century ranks #787 out of 831 companies in the Business Services industry, placing it in the top 94.7%.
Is Tokyo Century's Debt-to-EBITDA too high?
Tokyo Century's current Debt-to-EBITDA of 4.80 is 66% below median its 10-year median of 14.01. Over the past 10 years, this metric has ranged from a low of 11.41 to a high of 16.77. The Business Services industry median Debt-to-EBITDA is 1.63. Tokyo Century's value of 4.80 is 194.5% above this industry median. Based on the distribution chart, Tokyo Century ranks #787 out of 831 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Tokyo Century has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Tokyo Century's Debt-to-EBITDA compare to URI and SUNB?
According to the Business Services industry distribution chart, Tokyo Century ranks #787 out of 831 companies for Debt-to-EBITDA. This places Tokyo Century in the lower half of its industry. The industry median Debt-to-EBITDA is 1.63. Tokyo Century's value of 4.80 is 194.5% above this benchmark. Historically, Tokyo Century's own Debt-to-EBITDA has ranged from 11.41 to 16.77 over the past decade. While the company's 10-year median is 14.01 vs. the industry median of 1.63, Tokyo Century has consistently been above 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 Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.63, based on 831 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. Tokyo Century's current Debt-to-EBITDA of 4.80 is 194.5% above 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 Tokyo Century. For the Business Services industry, the median Debt-to-EBITDA is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Century's current Debt-to-EBITDA is 4.80, which is 66% below median its own 10-year median of 14.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Century stock overvalued right now?
Tokyo Century (TCNRF) has a current Debt-to-EBITDA of 4.80. The stock's GF Value™ is $6.99, compared to a current price of $10.32 — trading 47.6% above its estimated fair value. The current Debt-to-EBITDA is 4.80, which is 66% below median its 10-year median of 14.01 and 194.5% above the Business Services industry median of 1.63. Tokyo Century's overall GF Score™ is 76/100 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 Tokyo Century (TCNRF), the current Debt-to-EBITDA is 4.80 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 Tokyo Century (TCNRF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Century stock appears to be overvalued. The current stock price of $10.32 is trading 47.6% above its estimated GF Value™ of $6.99.

Key valuation signals for TCNRF:

  • Debt-to-EBITDA: 4.80 (66% below median its 10-year median of 14.01)
  • GF Value™: $6.99 vs. price of $10.32 (47.6% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 194.5% above the Business Services median (#787 of 831)

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


Tokyo Century Business Description

Other Exchanges 8439:Japan
Address 3 Kanda Neribeicho, Fuji Soft Building, Chiyoda-ku, Tokyo, JPN, 101-0022
Tokyo Century Corp is engaged in leasing and financing businesses. The company operates through five reportable segments: Domestic Leasing Business, Automobility Business, Specialty Business, International Business, and Environmental Infrastructure Business. Its activities include leasing and financing for equipment and facilities, auto leasing and car sharing, loans and investments for ships, aircraft, and real estate, as well as renewable energy and related services. It generates the majority of its revenue from the Domestic leasing segment, which includes information and communication equipment, office equipment, industrial machine tools, transportation equipment, and commercial and service industries.
76GF Score

Get the complete analysis for TCNRF

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

$10.32
Price
$6.99
GF Value