THYCF (Taiheiyo Cement) Debt-to-EBITDA : 1.23 (As of Mar. 2026) — 57% Below Median

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THYCF Taiheiyo Cement Corp THYCF
72 GF Score
Price $24.22
GF Value $25.57
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Taiheiyo Cement Debt-to-EBITDA?

Taiheiyo Cement THYCF -10.13% 72 Debt-to-EBITDA is 1.23 as of Mar. 2026, which is 57% below its 10-year median of 2.87. GuruFocus rates THYCF with a GF Score™ of 72/100 and a GF Value™ of $25.57 (Fairly Valued). The stock has 4 warning signs investors should review. Among 330 Building Materials companies, Taiheiyo Cement ranks worse than 66.06% on this metric.

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

Taiheiyo Cement's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,243 Mil. Taiheiyo Cement's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,325 Mil. Taiheiyo Cement's annualized EBITDA for the quarter that ended in Mar. 2026 was $2,093 Mil. Taiheiyo Cement's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.23.

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 Taiheiyo Cement's Debt-to-EBITDA or its related term are showing as below:

THYCF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.16   Med: 2.87   Max: 8.46
Current: 3.37

During the past 13 years, the highest Debt-to-EBITDA Ratio of Taiheiyo Cement was 8.46. The lowest was 2.16. And the median was 2.87.

THYCF's Debt-to-EBITDA is ranked worse than
66.06% of 330 companies
in the Building Materials industry
Industry Median: 2.27 vs THYCF: 3.37

Taiheiyo Cement  (OTCPK:THYCF) 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.


Taiheiyo Cement Debt-to-EBITDA Related Terms


Taiheiyo Cement Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Taiheiyo Cement'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.

Taiheiyo Cement Debt-to-EBITDA Chart

Taiheiyo Cement 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 2.81 8.46 3.09 2.94 3.37

Taiheiyo Cement 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 1.56 9.22 1.78 -3.39 1.23

THYCF vs CRH, VMC, MLM: Debt-to-EBITDA Comparison

For the Building Materials subindustry, Taiheiyo Cement'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.


Taiheiyo Cement Debt-to-EBITDA vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiheiyo Cement's Debt-to-EBITDA distribution charts can be found below:

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


THYCF
72GF Score
Taiheiyo Cement Corp THYCF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiheiyo Cement Debt-to-EBITDA Calculation

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

Taiheiyo Cement'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
=(1242.732 + 1325.028) / 763.076
=3.37

Taiheiyo Cement'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
=(1242.732 + 1325.028) / 2092.956
=1.23

* 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 1.23 mean?
Taiheiyo Cement (THYCF) has a Debt-to-EBITDA of 1.23 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 Taiheiyo Cement. This is 57% below median its historical median of 2.87. Over the past decade, Taiheiyo Cement's Debt-to-EBITDA has ranged from 2.16 to 8.46. According to the industry distribution chart, Taiheiyo Cement ranks #218 out of 330 companies in the Building Materials industry, placing it in the top 66.1%.
Is Taiheiyo Cement's Debt-to-EBITDA too high?
Taiheiyo Cement's current Debt-to-EBITDA of 1.23 is 57% below median its 10-year median of 2.87. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 8.46. The Building Materials industry median Debt-to-EBITDA is 2.27. Taiheiyo Cement's value of 1.23 is 45.8% below this industry median. Based on the distribution chart, Taiheiyo Cement ranks #218 out of 330 companies in the Building Materials industry, which is below the industry midpoint. Overall, Taiheiyo Cement has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiheiyo Cement's Debt-to-EBITDA compare to CRH and VMC?
According to the Building Materials industry distribution chart, Taiheiyo Cement ranks #218 out of 330 companies for Debt-to-EBITDA. This places Taiheiyo Cement in the lower half of its industry. The industry median Debt-to-EBITDA is 2.27. Taiheiyo Cement's value of 1.23 is 45.8% below this benchmark. Historically, Taiheiyo Cement's own Debt-to-EBITDA has ranged from 2.16 to 8.46 over the past decade. While the company's 10-year median is 2.87 vs. the industry median of 2.27, Taiheiyo Cement 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 Building Materials company?
The median Debt-to-EBITDA among Building Materials companies is 2.27, based on 330 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. Taiheiyo Cement's current Debt-to-EBITDA of 1.23 is 45.8% 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 Taiheiyo Cement. For the Building Materials industry, the median Debt-to-EBITDA is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiheiyo Cement's current Debt-to-EBITDA is 1.23, which is 57% below median its own 10-year median of 2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiheiyo Cement stock overvalued right now?
Based on GuruFocus' analysis, Taiheiyo Cement (THYCF) is currently considered Fairly Valued. The stock's GF Value™ is $25.57, compared to a current price of $24.22 — trading 5.3% below its estimated fair value. The current Debt-to-EBITDA is 1.23, which is 57% below median its 10-year median of 2.87 and 45.8% below the Building Materials industry median of 2.27. Taiheiyo Cement's overall GF Score™ is 72/100 with 4 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 Taiheiyo Cement (THYCF), the current Debt-to-EBITDA is 1.23 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 Taiheiyo Cement (THYCF) Overvalued in 2026?

Based on GuruFocus' analysis, Taiheiyo Cement stock appears to be undervalued. The current stock price of $24.22 is trading 5.3% below its estimated GF Value™ of $25.57. GuruFocus considers Taiheiyo Cement to be Fairly Valued.

Key valuation signals for THYCF:

  • Debt-to-EBITDA: 1.23 (57% below median its 10-year median of 2.87)
  • GF Value™: $25.57 vs. price of $24.22 (5.3% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 45.8% below the Building Materials median (#218 of 330)

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


Taiheiyo Cement Business Description

Other Exchanges THYCY:USA5233:Japan
Address 1-1-1 Koishikawa, Bunkyo Garden Gate Tower, Bunkyo-ku, Tokyo, JPN, 112-8503
Taiheiyo Cement Corp is a Japan-based company mainly engaged in the manufacture and sale of cement products. The company operates through four main segments. The Building Materials and Civil Engineering segment handles secondary concrete products and ALC (lightweight aerated concrete). The Cement segment covers various cement types and ready-mixed concrete. The Environmental Business focuses on waste recycling and desulfurization materials. The Resources segment deals with aggregates and limestone products. The Others segment includes real estate, engineering, information processing, finance, transportation, warehousing, chemical products, sports, and power supply. It generates the majority of its revenue from the Cement segment.
72GF Score

Get the complete analysis for THYCF

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

$24.22
Price
$25.57
GF Value