Link and Motivation (TSE:2170) Debt-to-EBITDA : 2.05 (As of Mar. 2026) — 20% Below Median

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TSE:2170 Link and Motivation Inc TSE:2170
70 GF Score
Price 円656.00
GF Value 円616.79
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Link and Motivation Debt-to-EBITDA?

Link and Motivation TSE:2170 +2.50% 70 Debt-to-EBITDA is 2.05 as of Mar. 2026, which is 20% below its 10-year median of 2.55. GuruFocus rates TSE:2170 with a GF Score™ of 70/100 and a GF Value™ of 円616.79 (Fairly Valued). The stock has 7 warning signs investors should review. Among 833 Business Services companies, Link and Motivation ranks worse than 64.71% on this metric.

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

Link and Motivation's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円8,126 Mil. Link and Motivation's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円8,780 Mil. Link and Motivation's annualized EBITDA for the quarter that ended in Mar. 2026 was 円8,236 Mil. Link and Motivation's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.05.

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 Link and Motivation's Debt-to-EBITDA or its related term are showing as below:

TSE:2170' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.61   Med: 2.55   Max: 7.65
Current: 2.59

During the past 13 years, the highest Debt-to-EBITDA Ratio of Link and Motivation was 7.65. The lowest was 1.61. And the median was 2.55.

TSE:2170's Debt-to-EBITDA is ranked worse than
64.71% of 833 companies
in the Business Services industry
Industry Median: 1.64 vs TSE:2170: 2.59

Link and Motivation  (TSE:2170) 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.


Link and Motivation Debt-to-EBITDA Related Terms


Link and Motivation Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Link and Motivation'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.

Link and Motivation Debt-to-EBITDA Chart

Link and Motivation Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.81 2.07 1.75 1.61 2.51

Link and Motivation Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.89 1.27 2.14 14.08 2.05

TSE:2170 vs VRSK, EFX, BAH: Debt-to-EBITDA Comparison

For the Consulting Services subindustry, Link and Motivation'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.


Link and Motivation Debt-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, Link and Motivation's Debt-to-EBITDA distribution charts can be found below:

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


TSE:2170
70GF Score
Link and Motivation Inc TSE:2170
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Link and Motivation Debt-to-EBITDA Calculation

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

Link and Motivation's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6314 + 9226) / 6190
=2.51

Link and Motivation'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
=(8126 + 8780) / 8236
=2.05

* 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 2.05 mean?
Link and Motivation (TSE:2170) has a Debt-to-EBITDA of 2.05 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 Link and Motivation. This is 20% below median its historical median of 2.55. Over the past decade, Link and Motivation's Debt-to-EBITDA has ranged from 1.61 to 7.65. According to the industry distribution chart, Link and Motivation ranks #539 out of 833 companies in the Business Services industry, placing it in the top 64.7%.
Is Link and Motivation's Debt-to-EBITDA too high?
Link and Motivation's current Debt-to-EBITDA of 2.05 is 20% below median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 7.65. The Business Services industry median Debt-to-EBITDA is 1.64. Link and Motivation's value of 2.05 is 25% above this industry median. Based on the distribution chart, Link and Motivation ranks #539 out of 833 companies in the Business Services industry, which is below the industry midpoint. Overall, Link and Motivation has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Link and Motivation's Debt-to-EBITDA compare to VRSK and EFX?
According to the Business Services industry distribution chart, Link and Motivation ranks #539 out of 833 companies for Debt-to-EBITDA. This places Link and Motivation in the lower half of its industry. The industry median Debt-to-EBITDA is 1.64. Link and Motivation's value of 2.05 is 25% above this benchmark. Historically, Link and Motivation's own Debt-to-EBITDA has ranged from 1.61 to 7.65 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 1.64, Link and Motivation 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 1.64, based on 833 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. Link and Motivation's current Debt-to-EBITDA of 2.05 is 25% 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 Link and Motivation. For the Business Services industry, the median Debt-to-EBITDA is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Link and Motivation's current Debt-to-EBITDA is 2.05, which is 20% below median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Link and Motivation stock overvalued right now?
Based on GuruFocus' analysis, Link and Motivation (TSE:2170) is currently considered Fairly Valued. The stock's GF Value™ is 円616.79, compared to a current price of 円656.00 — trading 6.4% above its estimated fair value. The current Debt-to-EBITDA is 2.05, which is 20% below median its 10-year median of 2.55 and 25% above the Business Services industry median of 1.64. Link and Motivation's overall GF Score™ is 70/100 with 7 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 Link and Motivation (TSE:2170), the current Debt-to-EBITDA is 2.05 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 Link and Motivation (TSE:2170) Overvalued in 2026?

Based on GuruFocus' analysis, Link and Motivation stock appears to be overvalued. The current stock price of 円656.00 is trading 6.4% above its estimated GF Value™ of 円616.79. GuruFocus considers Link and Motivation to be Fairly Valued.

Key valuation signals for TSE:2170:

  • Debt-to-EBITDA: 2.05 (20% below median its 10-year median of 2.55)
  • GF Value™: 円616.79 vs. price of 円656.00 (6.4% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 25% above the Business Services median (#539 of 833)

No single metric tells the full story. See the TSE:2170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Link and Motivation Business Description

Address 4-12-15 Ginza, Kabukiza Tower,15th Floor, Chuo-ku, Tokyo, JPN, 104-0061
Link and Motivation Inc is engaged in providing management consulting services. It offers consulting services that transform business organizations through motivation management, entry management, brand management, investor relations and place management. The company operates across three segments namely, Division, Individual Development Division, and Matching Division it provides corporate consulting and HR solutions (including the Motivation Cloud HRTech platform), educational services for students and professionals, and recruitment/matching services.
70GF Score

Get the complete analysis for TSE:2170

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

円656.00
Price
円616.79
GF Value