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.
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.
CadosTSE:211A -0.75%16 Debt-to-EBITDA is 0.79 as of Jan. 2026, which is 71% below its 10-year median of 2.69. GuruFocus rates TSE:211A with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 1,411 Construction companies, Cados ranks better than 53.79% 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 Cados's Debt-to-EBITDA or its related term are showing as below:
TSE:211A'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.94 Med: 2.69 Max: 3.05
Current: 1.87
During the past 4 years, the highest Debt-to-EBITDA Ratio of Cados was 3.05. The lowest was 0.94. And the median was 2.69.
TSE:211A's Debt-to-EBITDA is ranked better than 53.79% of 1411
companies
in the Construction industry
Industry Median: 2.12
vs TSE:211A: 1.87
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.
Cados Debt-to-EBITDA Related Terms
Cados Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Cados'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:211A vs PWR, FIX, EME: Debt-to-EBITDA Comparison
For the Engineering & Construction subindustry, Cados'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.
Cados Debt-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, Cados's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Cados'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 (Jan. 2026) EBITDA data.
Cados (TSE:211A) has a Debt-to-EBITDA of 0.79 as of Jan. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cados. This is 71% below median its historical median of 2.69. Over the past decade, Cados' Debt-to-EBITDA has ranged from 0.94 to 3.05. According to the industry distribution chart, Cados ranks #652 out of 1411 companies in the Construction industry, placing it in the top 46.2%.
Is Cados' Debt-to-EBITDA too high?
Cados' current Debt-to-EBITDA of 0.79 is 71% below median its 10-year median of 2.69. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 3.05. The Construction industry median Debt-to-EBITDA is 2.12. Cados' value of 0.79 is 62.7% below this industry median. Based on the distribution chart, Cados ranks #652 out of 1411 companies in the Construction industry, which is above the industry midpoint. Overall, Cados has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Cados' Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Cados ranks #652 out of 1411 companies for Debt-to-EBITDA. This puts Cados in the upper half of its industry. The industry median Debt-to-EBITDA is 2.12. Cados' value of 0.79 is 62.7% below this benchmark. Historically, Cados' own Debt-to-EBITDA has ranged from 0.94 to 3.05 over the past decade. While the company's 10-year median is 2.69 vs. the industry median of 2.12, Cados 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 2.12, based on 1,411 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. Cados's current Debt-to-EBITDA of 0.79 is 62.7% 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 Cados. 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. Cados's current Debt-to-EBITDA is 0.79, which is 71% below median its own 10-year median of 2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cados stock overvalued right now?
Cados (TSE:211A) has a current Debt-to-EBITDA of 0.79. The current Debt-to-EBITDA is 0.79, which is 71% below median its 10-year median of 2.69 and 62.7% below the Construction industry median of 2.12. Cados' overall GF Score™ is 16/100 with 2 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 Cados (TSE:211A), the current Debt-to-EBITDA is 0.79 as of Jan. 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.
Cados Corp is an engineering and construction company. It is engaged in Architectural construction work, Civil engineering work, Architectural and civil engineering planning, design and consulting, Real estate buying and selling, leasing, brokerage and management.
16GF Score
Get the complete analysis for TSE:211A
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:211A has been successfully added to your 
