Asanuma (TSE:1852) Debt-to-EBITDA : 3.54 (As of Mar. 2026) — 106% Above Median

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TSE:1852 Asanuma Corp TSE:1852
53 GF Score
Price 円938.00
GF Value 円885.44
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Asanuma Debt-to-EBITDA?

Asanuma TSE:1852 +0.54% 53 Debt-to-EBITDA is 3.54 as of Mar. 2026, which is 106% above its 10-year median of 1.72. GuruFocus rates TSE:1852 with a GF Score™ of 53/100 and a GF Value™ of 円885.44 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,410 Construction companies, Asanuma ranks better than 57.8% on this metric.

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

Asanuma's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円1,358 Mil. Asanuma's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円12,863 Mil. Asanuma's annualized EBITDA for the quarter that ended in Mar. 2026 was 円4,016 Mil. Asanuma's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.54.

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

TSE:1852' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.39   Med: 1.72   Max: 2.87
Current: 1.58

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asanuma was 2.87. The lowest was 1.39. And the median was 1.72.

TSE:1852's Debt-to-EBITDA is ranked better than
57.8% of 1410 companies
in the Construction industry
Industry Median: 2.115 vs TSE:1852: 1.58

Asanuma  (TSE:1852) 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.


Asanuma Debt-to-EBITDA Related Terms


Asanuma Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Asanuma'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.

Asanuma Debt-to-EBITDA Chart

Asanuma 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 1.73 1.39 1.89 2.87 1.70

Asanuma Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.67 1.09 1.78 3.54 1.99

TSE:1852 vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, Asanuma'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.


Asanuma Debt-to-EBITDA vs Construction Industry

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

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


TSE:1852
53GF Score
Asanuma Corp TSE:1852
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asanuma Debt-to-EBITDA Calculation

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

Asanuma'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
=(1358 + 12863) / 8349
=1.70

Asanuma'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
=(1358 + 12863) / 4016
=3.54

* 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 3.54 mean?
Asanuma (TSE:1852) has a Debt-to-EBITDA of 3.54 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 Asanuma. This is 106% above median its historical median of 1.72. Over the past decade, Asanuma's Debt-to-EBITDA has ranged from 1.39 to 2.87. According to the industry distribution chart, Asanuma ranks #595 out of 1410 companies in the Construction industry, placing it in the top 42.2%.
Is Asanuma's Debt-to-EBITDA too high?
Asanuma's current Debt-to-EBITDA of 3.54 is 106% above median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 2.87. The Construction industry median Debt-to-EBITDA is 2.12. Asanuma's value of 3.54 is 67.4% above this industry median. Based on the distribution chart, Asanuma ranks #595 out of 1410 companies in the Construction industry, which is above the industry midpoint. Overall, Asanuma has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asanuma's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Asanuma ranks #595 out of 1410 companies for Debt-to-EBITDA. This puts Asanuma in the upper half of its industry. The industry median Debt-to-EBITDA is 2.12. Asanuma's value of 3.54 is 67.4% above this benchmark. Historically, Asanuma's own Debt-to-EBITDA has ranged from 1.39 to 2.87 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 2.12, Asanuma 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.12, based on 1,410 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. Asanuma's current Debt-to-EBITDA of 3.54 is 67.4% 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 Asanuma. For the Construction industry, the median Debt-to-EBITDA is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asanuma's current Debt-to-EBITDA is 3.54, which is 106% above median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asanuma stock overvalued right now?
Based on GuruFocus' analysis, Asanuma (TSE:1852) is currently considered Fairly Valued. The stock's GF Value™ is 円885.44, compared to a current price of 円938.00 — trading 5.9% above its estimated fair value. The current Debt-to-EBITDA is 3.54, which is 106% above median its 10-year median of 1.72 and 67.4% above the Construction industry median of 2.12. Asanuma's overall GF Score™ is 53/100 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 Asanuma (TSE:1852), the current Debt-to-EBITDA is 3.54 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 Asanuma (TSE:1852) Overvalued in 2026?

Based on GuruFocus' analysis, Asanuma stock appears to be overvalued. The current stock price of 円938.00 is trading 5.9% above its estimated GF Value™ of 円885.44. GuruFocus considers Asanuma to be Fairly Valued.

Key valuation signals for TSE:1852:

  • Debt-to-EBITDA: 3.54 (106% above median its 10-year median of 1.72)
  • GF Value™: 円885.44 vs. price of 円938.00 (5.9% above fair value)
  • GF Score™: 53/100 with 1 warning sign
  • Industry Position: 67.4% above the Construction median (#595 of 1410)

No single metric tells the full story. See the TSE:1852 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asanuma Business Description

Address 12-6 Higashikouzu-cho, Tennoji-ku, Osaka, JPN, 543-8688
Asanuma Corp is a Japan-based company operating in the engineering and construction sector. The firm is mainly engaged in the planning, design, supervision, contracting and consulting work of construction work. It undertakes projects related to regional development, urban development, ocean development, environmental improvement public office buildings, medical and social welfare facilities, education and research facilities, waste disposal facilities, roads, railroads, ports, and airports. The company is also engaged in the design, manufacture, sale, and rental of machine tools and machinery for construction work, and real estate business.
53GF Score

Get the complete analysis for TSE:1852

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

円938.00
Price
円885.44
GF Value