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Pasona GroupTSE:2168 +0.18%54 Debt-to-EBITDA is 2.83 as of May. 2026, which is 45% above its 10-year median of 1.95. GuruFocus rates TSE:2168 with a GF Score™ of 54/100 and a GF Value™ of 円1,913.50 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 834 Business Services companies, Pasona Group ranks worse than 96.28% 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 Pasona Group's Debt-to-EBITDA or its related term are showing as below:
TSE:2168'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -13.6 Med: 1.95 Max: 16.56
Current: 16.56
During the past 13 years, the highest Debt-to-EBITDA Ratio of Pasona Group was 16.56. The lowest was -13.60. And the median was 1.95.
TSE:2168's Debt-to-EBITDA is ranked worse than 96.28% of 834
companies
in the Business Services industry
Industry Median: 1.67
vs TSE:2168: 16.56
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.
Pasona Group Debt-to-EBITDA Related Terms
Pasona Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Pasona Group'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:2168 vs KFY, RHI, TNET: Debt-to-EBITDA Comparison
For the Staffing & Employment Services subindustry, Pasona Group'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.
Pasona Group Debt-to-EBITDA vs Business Services Industry
For the Business Services industry and Industrials sector, Pasona Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Pasona Group'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 (May. 2026) EBITDA data.
Pasona Group (TSE:2168) has a Debt-to-EBITDA of 2.83 as of May. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Pasona Group. This is 45% above median its historical median of 1.95. According to the industry distribution chart, Pasona Group ranks #803 out of 834 companies in the Business Services industry, placing it in the top 96.3%.
Is Pasona Group's Debt-to-EBITDA too high?
Pasona Group's current Debt-to-EBITDA of 2.83 is 45% above median its 10-year median of 1.95. The Business Services industry median Debt-to-EBITDA is 1.67. Pasona Group's value of 2.83 is 69.5% above this industry median. Based on the distribution chart, Pasona Group ranks #803 out of 834 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Pasona Group has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pasona Group's Debt-to-EBITDA compare to KFY and RHI?
According to the Business Services industry distribution chart, Pasona Group ranks #803 out of 834 companies for Debt-to-EBITDA. This places Pasona Group in the lower half of its industry. The industry median Debt-to-EBITDA is 1.67. Pasona Group's value of 2.83 is 69.5% above this benchmark. While the company's 10-year median is 1.95 vs. the industry median of 1.67, Pasona Group 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 Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.67, based on 834 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. Pasona Group's current Debt-to-EBITDA of 2.83 is 69.5% 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 Pasona Group. For the Business Services industry, the median Debt-to-EBITDA is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pasona Group's current Debt-to-EBITDA is 2.83, which is 45% above median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pasona Group stock overvalued right now?
Based on GuruFocus' analysis, Pasona Group (TSE:2168) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,913.50, compared to a current price of 円1,643.00 — trading 14.1% below its estimated fair value. The current Debt-to-EBITDA is 2.83, which is 45% above median its 10-year median of 1.95 and 69.5% above the Business Services industry median of 1.67. Pasona Group's overall GF Score™ is 54/100 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 Pasona Group (TSE:2168), the current Debt-to-EBITDA is 2.83 as of May. 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 Pasona Group (TSE:2168) Overvalued in 2026?
Based on GuruFocus' analysis, Pasona Group stock appears to be undervalued.
The current stock price of 円1,643.00 is trading 14.1% below its estimated GF Value™ of 円1,913.50.
GuruFocus considers Pasona Group to be Modestly Undervalued.
Key valuation signals for TSE:2168:
Debt-to-EBITDA: 2.83 (45% above median its 10-year median of 1.95)
GF Value™: 円1,913.50 vs. price of 円1,643.00 (14.1% below fair value)
Industry Position: 69.5% above the Business Services median (#803 of 834)
No single metric tells the full story. See the TSE:2168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pasona Group Inc provides human resource related support services. Its segments are BPO Solutions, Expert Solutions, Career Solutions, Global Solutions, Life Solutions, and Regional Revitalization and Tourism Solutions.
54GF Score
Get the complete analysis for TSE:2168
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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