Toyota MotorTOYOF -0.69%78 Debt-to-EBITDA is 6.71 as of Mar. 2026, which is 37% above its 10-year median of 4.91. GuruFocus rates TOYOF with a GF Score™ of 78/100 and a GF Value™ of $20.61 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,094 Vehicles & Parts companies, Toyota Motor ranks worse than 80.35% 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 Toyota Motor's Debt-to-EBITDA or its related term are showing as below:
TOYOF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.01 Med: 4.91 Max: 5.68
Current: 5.68
During the past 13 years, the highest Debt-to-EBITDA Ratio of Toyota Motor was 5.68. The lowest was 4.01. And the median was 4.91.
TOYOF's Debt-to-EBITDA is ranked worse than 80.35% of 1094
companies
in the Vehicles & Parts industry
Industry Median: 2.25
vs TOYOF: 5.68
Toyota Motor (OTCPK:TOYOF) Debt-to-EBITDA Explanation
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.
Toyota Motor Debt-to-EBITDA Related Terms
Toyota Motor Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Toyota Motor'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 Auto Manufacturers subindustry, Toyota Motor'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.
Toyota Motor Debt-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Toyota Motor's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Toyota Motor'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.
Toyota Motor (TOYOF) has a Debt-to-EBITDA of 6.71 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 Toyota Motor. This is 37% above median its historical median of 4.91. Over the past decade, Toyota Motor's Debt-to-EBITDA has ranged from 4.01 to 5.68. According to the industry distribution chart, Toyota Motor ranks #879 out of 1094 companies in the Vehicles & Parts industry, placing it in the top 80.3%.
Is Toyota Motor's Debt-to-EBITDA too high?
Toyota Motor's current Debt-to-EBITDA of 6.71 is 37% above median its 10-year median of 4.91. Over the past 10 years, this metric has ranged from a low of 4.01 to a high of 5.68. The Vehicles & Parts industry median Debt-to-EBITDA is 2.25. Toyota Motor's value of 6.71 is 198.2% above this industry median. Based on the distribution chart, Toyota Motor ranks #879 out of 1094 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Toyota Motor has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toyota Motor's Debt-to-EBITDA compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Toyota Motor ranks #879 out of 1094 companies for Debt-to-EBITDA. This places Toyota Motor in the lower half of its industry. The industry median Debt-to-EBITDA is 2.25. Toyota Motor's value of 6.71 is 198.2% above this benchmark. Historically, Toyota Motor's own Debt-to-EBITDA has ranged from 4.01 to 5.68 over the past decade. While the company's 10-year median is 4.91 vs. the industry median of 2.25, Toyota Motor 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 Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.25, based on 1,094 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. Toyota Motor's current Debt-to-EBITDA of 6.71 is 198.2% 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 Toyota Motor. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyota Motor's current Debt-to-EBITDA is 6.71, which is 37% above median its own 10-year median of 4.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyota Motor stock overvalued right now?
Based on GuruFocus' analysis, Toyota Motor (TOYOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $20.61, compared to a current price of $17.98 — trading 12.8% below its estimated fair value. The current Debt-to-EBITDA is 6.71, which is 37% above median its 10-year median of 4.91 and 198.2% above the Vehicles & Parts industry median of 2.25. Toyota Motor's overall GF Score™ is 78/100 with 3 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 Toyota Motor (TOYOF), the current Debt-to-EBITDA is 6.71 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 Toyota Motor (TOYOF) Overvalued in 2026?
Based on GuruFocus' analysis, Toyota Motor stock appears to be undervalued.
The current stock price of $17.98 is trading 12.8% below its estimated GF Value™ of $20.61.
GuruFocus considers Toyota Motor to be Modestly Undervalued.
Key valuation signals for TOYOF:
Debt-to-EBITDA: 6.71 (37% above median its 10-year median of 4.91)
GF Value™: $20.61 vs. price of $17.98 (12.8% below fair value)
Industry Position: 198.2% above the Vehicles & Parts median (#879 of 1094)
No single metric tells the full story. See the TOYOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1937, Toyota is one of the world's largest automakers, with 11.3 million units sold at retail in fiscal 2026, including 10.5 million across the Toyota and Lexus brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino; market share in Japan is about 50% excluding mini-vehicles, while US share is around 14%. The firm also owns stakes in Denso, a parts supplier, about 20% of Subaru, and holds investments in many other firms, including shares of Uber Technologies, Joby Aviation, Aurora Innovation, Isuzu Motors, and about 5% in each of Mazda and Suzuki. Fiscal 2026 sales excluding financial services were JPY 46.1 trillion. Toyota also has a financing arm and manufactures homes and boats.
78GF Score
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