Wedge Holdings Co (TSE:2388) Debt-to-EBITDA : -1.43 (As of Mar. 2026)

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TSE:2388 Wedge Holdings Co Ltd TSE:2388
35 GF Score
Price 円33.00
GF Value 円90.89
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Wedge Holdings Co Debt-to-EBITDA?

Wedge Holdings Co TSE:2388 35 Debt-to-EBITDA is -1.43 as of Mar. 2026. GuruFocus rates TSE:2388 with a GF Score™ of 35/100 and a GF Value™ of 円90.89 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 450 Conglomerates companies, Wedge Holdings Co ranks worse than 222222% on this metric.

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

Wedge Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円4.4 Mil. Wedge Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円434.7 Mil. Wedge Holdings Co's annualized EBITDA for the quarter that ended in Mar. 2026 was 円-307.5 Mil. Wedge Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -1.43.

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 Wedge Holdings Co's Debt-to-EBITDA or its related term are showing as below:

TSE:2388' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.11   Med: -0.45   Max: 14.42
Current: -0.16

During the past 13 years, the highest Debt-to-EBITDA Ratio of Wedge Holdings Co was 14.42. The lowest was -7.11. And the median was -0.45.

TSE:2388's Debt-to-EBITDA is ranked worse than
100% of 450 companies
in the Conglomerates industry
Industry Median: 2.795 vs TSE:2388: -0.16

Wedge Holdings Co  (TSE:2388) 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.


Wedge Holdings Co Debt-to-EBITDA Related Terms


Wedge Holdings Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Wedge Holdings Co'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.

Wedge Holdings Co Debt-to-EBITDA Chart

Wedge Holdings Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 3.43 -0.88 -0.51 -2.42

Wedge Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 4.91 -0.35 -0.67 -1.43 -0.05

TSE:2388 vs MMM, HON: Debt-to-EBITDA Comparison

For the Conglomerates subindustry, Wedge Holdings Co'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.


Wedge Holdings Co Debt-to-EBITDA vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Wedge Holdings Co's Debt-to-EBITDA distribution charts can be found below:

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


TSE:2388
35GF Score
Wedge Holdings Co Ltd TSE:2388
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wedge Holdings Co Debt-to-EBITDA Calculation

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

Wedge Holdings Co's Debt-to-EBITDA for the fiscal year that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.897 + 428.448) / -178.454
=-2.42

Wedge Holdings Co'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
=(4.416 + 434.683) / -307.548
=-1.43

* 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 -1.43 mean?
Wedge Holdings Co (TSE:2388) has a Debt-to-EBITDA of -1.43 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 Wedge Holdings Co. According to the industry distribution chart, Wedge Holdings Co ranks #999999 out of 450 companies in the Conglomerates industry.
Is Wedge Holdings Co's Debt-to-EBITDA too high?
Wedge Holdings Co's current Debt-to-EBITDA is -1.43. Based on the distribution chart, Wedge Holdings Co ranks #999999 out of 450 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Wedge Holdings Co has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wedge Holdings Co's Debt-to-EBITDA compare to MMM and HON?
According to the Conglomerates industry distribution chart, Wedge Holdings Co ranks #999999 out of 450 companies for Debt-to-EBITDA. This places Wedge Holdings Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.80. 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 Conglomerates company?
The median Debt-to-EBITDA among Conglomerates companies is 2.80, based on 450 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. 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 Wedge Holdings Co. For the Conglomerates industry, the median Debt-to-EBITDA is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wedge Holdings Co's current Debt-to-EBITDA is -1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wedge Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Wedge Holdings Co (TSE:2388) is currently considered Possible Value Trap. The stock's GF Value™ is 円90.89, compared to a current price of 円33.00 — trading 63.7% below its estimated fair value. The current Debt-to-EBITDA is -1.43. Wedge Holdings Co's overall GF Score™ is 35/100 with 8 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 Wedge Holdings Co (TSE:2388), the current Debt-to-EBITDA is -1.43 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 Wedge Holdings Co (TSE:2388) Overvalued in 2026?

Based on GuruFocus' analysis, Wedge Holdings Co stock appears to be undervalued. The current stock price of 円33.00 is trading 63.7% below its estimated GF Value™ of 円90.89. GuruFocus considers Wedge Holdings Co to be Possible Value Trap.

Key valuation signals for TSE:2388:

  • Debt-to-EBITDA: -1.43
  • GF Value™: 円90.89 vs. price of 円33.00 (63.7% below fair value)
  • GF Score™: 35/100 with 8 warning signs

No single metric tells the full story. See the TSE:2388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wedge Holdings Co Business Description

Address 2-36-10 Minamisuna, Koyo Building, 3rd Floor, Koto-ku, Tokyo, JPN, 136-0076
Wedge Holdings Co Ltd through its subsidiaries is engaged in two core businesses which are Digital Finance business and Contents business. Contents business includes publishing, games, music and related media through multiple business units. It also produces audio & visual contents as well as DVD and related character products. Digital Finance business composed of motorcycle leasing activities.
35GF Score

Get the complete analysis for TSE:2388

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

円33.00
Price
円90.89
GF Value