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Trial HoldingsTSE:141A -0.13%40 Debt-to-EBITDA is 14.47 as of Mar. 2026, which is 1169% above its 10-year median of 1.14. GuruFocus rates TSE:141A with a GF Score™ of 40/100. The stock has 5 warning signs investors should review. Among 258 Retail - Defensive companies, Trial Holdings ranks worse than 82.95% 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 Trial Holdings's Debt-to-EBITDA or its related term are showing as below:
TSE:141A'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.53 Med: 1.14 Max: 6.35
Current: 4.84
During the past 6 years, the highest Debt-to-EBITDA Ratio of Trial Holdings was 6.35. The lowest was 0.53. And the median was 1.14.
TSE:141A's Debt-to-EBITDA is ranked worse than 82.95% of 258
companies
in the Retail - Defensive industry
Industry Median: 2.225
vs TSE:141A: 4.84
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.
Trial Holdings Debt-to-EBITDA Related Terms
Trial Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Trial Holdings'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.
TSE:141A vs WMT, COST, TGT: Debt-to-EBITDA Comparison
For the Discount Stores subindustry, Trial Holdings'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.
Trial Holdings Debt-to-EBITDA vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Trial Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Trial Holdings'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.
Trial Holdings (TSE:141A) has a Debt-to-EBITDA of 14.47 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 Trial Holdings. This is 1169% above median its historical median of 1.14. Over the past decade, Trial Holdings' Debt-to-EBITDA has ranged from 0.53 to 6.35. According to the industry distribution chart, Trial Holdings ranks #214 out of 258 companies in the Retail - Defensive industry, placing it in the top 82.9%.
Is Trial Holdings' Debt-to-EBITDA too high?
Trial Holdings' current Debt-to-EBITDA of 14.47 is 1169% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 6.35. The Retail - Defensive industry median Debt-to-EBITDA is 2.23. Trial Holdings' value of 14.47 is 550.3% above this industry median. Based on the distribution chart, Trial Holdings ranks #214 out of 258 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Trial Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Trial Holdings' Debt-to-EBITDA compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Trial Holdings ranks #214 out of 258 companies for Debt-to-EBITDA. This places Trial Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.23. Trial Holdings' value of 14.47 is 550.3% above this benchmark. Historically, Trial Holdings' own Debt-to-EBITDA has ranged from 0.53 to 6.35 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 2.23, Trial Holdings 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 Retail - Defensive company?
The median Debt-to-EBITDA among Retail - Defensive companies is 2.23, based on 258 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. Trial Holdings's current Debt-to-EBITDA of 14.47 is 550.3% 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 Trial Holdings. For the Retail - Defensive industry, the median Debt-to-EBITDA is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trial Holdings's current Debt-to-EBITDA is 14.47, which is 1169% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trial Holdings stock overvalued right now?
Trial Holdings (TSE:141A) has a current Debt-to-EBITDA of 14.47. The current Debt-to-EBITDA is 14.47, which is 1169% above median its 10-year median of 1.14 and 550.3% above the Retail - Defensive industry median of 2.23. Trial Holdings' overall GF Score™ is 40/100 with 5 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 Trial Holdings (TSE:141A), the current Debt-to-EBITDA is 14.47 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.
Trial Holdings Inc is a holding company. Along with its subsidiaries, it operates in the following reportable segments: Retail Distribution Business and Retail AI Business. The majority of its revenue is generated from the Retail Distribution Business, which operates discount stores across Japan, ranging from small to large, along with medium-sized supercenters. The product lineup of the stores focuses on food (especially fresh foods), and non-food items include daily necessities and hard goods. The Retail AI Business segment is mainly involved in research and development aimed at transforming stores into smart stores, as well as the sale of products and the outsourcing of services related to smart stores. In addition, the group is involved in real estate and resort-related businesses.
40GF Score
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