TKSNF (Takasago Thermal Engineering Co) Debt-to-EBITDA : 0.77 (As of Mar. 2026) — 21% 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.

TKSNF Takasago Thermal Engineering Co Ltd TKSNF
78 GF Score
Price $28.56
GF Value $25.29
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Takasago Thermal Engineering Co Debt-to-EBITDA?

Takasago Thermal Engineering Co TKSNF 78 Debt-to-EBITDA is 0.77 as of Mar. 2026, which is 21% below its 10-year median of 0.97. GuruFocus rates TKSNF with a GF Score™ of 78/100 and a GF Value™ of $25.29 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,405 Construction companies, Takasago Thermal Engineering Co ranks better than 74.66% on this metric.

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

Takasago Thermal Engineering Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $204 Mil. Takasago Thermal Engineering Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $63 Mil. Takasago Thermal Engineering Co's annualized EBITDA for the quarter that ended in Mar. 2026 was $348 Mil. Takasago Thermal Engineering Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.77.

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

TKSNF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.38   Med: 0.97   Max: 1.8
Current: 0.74

During the past 13 years, the highest Debt-to-EBITDA Ratio of Takasago Thermal Engineering Co was 1.80. The lowest was 0.38. And the median was 0.97.

TKSNF's Debt-to-EBITDA is ranked better than
74.66% of 1405 companies
in the Construction industry
Industry Median: 2.14 vs TKSNF: 0.74

Takasago Thermal Engineering Co  (OTCPK:TKSNF) 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.


Takasago Thermal Engineering Co Debt-to-EBITDA Related Terms


Takasago Thermal Engineering Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Takasago Thermal Engineering 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.

Takasago Thermal Engineering Co Debt-to-EBITDA Chart

Takasago Thermal Engineering Co 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 1.75 1.52 1.30 0.92 0.74

Takasago Thermal Engineering Co 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 0.64 0.50 0.36 1.00 0.77

TKSNF vs TT, JCI, CARR: Debt-to-EBITDA Comparison

For the Building Products & Equipment subindustry, Takasago Thermal Engineering 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.


Takasago Thermal Engineering Co Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Takasago Thermal Engineering Co's Debt-to-EBITDA distribution charts can be found below:

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


TKSNF
78GF Score
Takasago Thermal Engineering Co Ltd TKSNF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Takasago Thermal Engineering Co Debt-to-EBITDA Calculation

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

Takasago Thermal Engineering Co'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
=(204.219 + 63.019) / 359.252
=0.74

Takasago Thermal Engineering Co'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
=(204.219 + 63.019) / 347.56
=0.77

* 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 0.77 mean?
Takasago Thermal Engineering Co (TKSNF) has a Debt-to-EBITDA of 0.77 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 Takasago Thermal Engineering Co. This is 21% below median its historical median of 0.97. Over the past decade, Takasago Thermal Engineering Co's Debt-to-EBITDA has ranged from 0.38 to 1.80. According to the industry distribution chart, Takasago Thermal Engineering Co ranks #356 out of 1405 companies in the Construction industry, placing it in the top 25.3%.
Is Takasago Thermal Engineering Co's Debt-to-EBITDA too high?
Takasago Thermal Engineering Co's current Debt-to-EBITDA of 0.77 is 21% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.80. The Construction industry median Debt-to-EBITDA is 2.14. Takasago Thermal Engineering Co's value of 0.77 is 64% below this industry median. Based on the distribution chart, Takasago Thermal Engineering Co ranks #356 out of 1405 companies in the Construction industry, which is above the industry midpoint. Overall, Takasago Thermal Engineering Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Takasago Thermal Engineering Co's Debt-to-EBITDA compare to TT and JCI?
According to the Construction industry distribution chart, Takasago Thermal Engineering Co ranks #356 out of 1405 companies for Debt-to-EBITDA. This puts Takasago Thermal Engineering Co in the upper half of its industry. The industry median Debt-to-EBITDA is 2.14. Takasago Thermal Engineering Co's value of 0.77 is 64% below this benchmark. Historically, Takasago Thermal Engineering Co's own Debt-to-EBITDA has ranged from 0.38 to 1.80 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 2.14, Takasago Thermal Engineering 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.14, based on 1,405 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. Takasago Thermal Engineering Co's current Debt-to-EBITDA of 0.77 is 64% 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 Takasago Thermal Engineering Co. For the Construction industry, the median Debt-to-EBITDA is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takasago Thermal Engineering Co's current Debt-to-EBITDA is 0.77, which is 21% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takasago Thermal Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Takasago Thermal Engineering Co (TKSNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.29, compared to a current price of $28.56 — trading 12.9% above its estimated fair value. The current Debt-to-EBITDA is 0.77, which is 21% below median its 10-year median of 0.97 and 64% below the Construction industry median of 2.14. Takasago Thermal Engineering Co's overall GF Score™ is 78/100 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 Takasago Thermal Engineering Co (TKSNF), the current Debt-to-EBITDA is 0.77 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 Takasago Thermal Engineering Co (TKSNF) Overvalued in 2026?

Based on GuruFocus' analysis, Takasago Thermal Engineering Co stock appears to be overvalued. The current stock price of $28.56 is trading 12.9% above its estimated GF Value™ of $25.29. GuruFocus considers Takasago Thermal Engineering Co to be Modestly Overvalued.

Key valuation signals for TKSNF:

  • Debt-to-EBITDA: 0.77 (21% below median its 10-year median of 0.97)
  • GF Value™: $25.29 vs. price of $28.56 (12.9% above fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 64% below the Construction median (#356 of 1405)

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


Takasago Thermal Engineering Co Business Description

Other Exchanges 1969:JapanQ74:Germany
Address 6-27-30, Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Takasago Thermal Engineering Co Ltd is a Japan-based company that designs, constructs, manufactures, and installs heating, ventilation, and air conditioning, or HVAC, systems, clean room and related systems, plumbing and sanitation systems, cogeneration systems, electrical systems, instrumentation systems, equipment diagnosis/failure diagnosis systems, dehumidifying/drying systems, vacuum conveying systems for waste, discharged-heat recovery systems, heating/cooling systems, refrigerating/freezing systems, other types of environmental control systems and thermal engineering systems, and so on. In addition, the company is engaged in coordinating construction work, security, and cleaning, with further focus on energy supply, power generation, and water treatment.
78GF Score

Get the complete analysis for TKSNF

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

$28.56
Price
$25.29
GF Value