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Hard Off CoTSE:2674 -0.84%73 Debt-to-EBITDA is 0.78 as of Mar. 2026, which is 5% above its 10-year median of 0.74. GuruFocus rates TSE:2674 with a GF Score™ of 73/100 and a GF Value™ of 円2,447.85 (Fairly Valued). The stock has 4 warning signs investors should review. Among 910 Retail - Cyclical companies, Hard Off Co ranks better than 74.95% 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 Hard Off Co's Debt-to-EBITDA or its related term are showing as below:
TSE:2674'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.25 Med: 0.74 Max: 2.02
Current: 1.08
During the past 13 years, the highest Debt-to-EBITDA Ratio of Hard Off Co was 2.02. The lowest was 0.25. And the median was 0.74.
TSE:2674's Debt-to-EBITDA is ranked better than 74.95% of 910
companies
in the Retail - Cyclical industry
Industry Median: 2.28
vs TSE:2674: 1.08
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.
Hard Off Co Debt-to-EBITDA Related Terms
Hard Off Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Hard Off 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.
TSE:2674 vs CASY, WSM, ULTA: Debt-to-EBITDA Comparison
For the Specialty Retail subindustry, Hard Off 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.
Hard Off Co Debt-to-EBITDA vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Hard Off Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Hard Off Co'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 (Mar. 2026) EBITDA data.
Hard Off Co (TSE:2674) has a Debt-to-EBITDA of 0.78 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 Hard Off Co. This is near median its historical median of 0.74. Over the past decade, Hard Off Co's Debt-to-EBITDA has ranged from 0.25 to 2.02. According to the industry distribution chart, Hard Off Co ranks #228 out of 910 companies in the Retail - Cyclical industry, placing it in the top 25.1%.
Is Hard Off Co's Debt-to-EBITDA too high?
Hard Off Co's current Debt-to-EBITDA of 0.78 is near median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 2.02. The Retail - Cyclical industry median Debt-to-EBITDA is 2.28. Hard Off Co's value of 0.78 is 65.8% below this industry median. Based on the distribution chart, Hard Off Co ranks #228 out of 910 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Hard Off Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hard Off Co's Debt-to-EBITDA compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Hard Off Co ranks #228 out of 910 companies for Debt-to-EBITDA. This puts Hard Off Co in the upper half of its industry. The industry median Debt-to-EBITDA is 2.28. Hard Off Co's value of 0.78 is 65.8% below this benchmark. Historically, Hard Off Co's own Debt-to-EBITDA has ranged from 0.25 to 2.02 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 2.28, Hard Off Co 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 Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.28, based on 910 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. Hard Off Co's current Debt-to-EBITDA of 0.78 is 65.8% 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 Hard Off Co. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hard Off Co's current Debt-to-EBITDA is 0.78, which is near median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hard Off Co stock overvalued right now?
Based on GuruFocus' analysis, Hard Off Co (TSE:2674) is currently considered Fairly Valued. The stock's GF Value™ is 円2,447.85, compared to a current price of 円2,700.00 — trading 10.3% above its estimated fair value. The current Debt-to-EBITDA is 0.78, which is near median its 10-year median of 0.74 and 65.8% below the Retail - Cyclical industry median of 2.28. Hard Off Co's overall GF Score™ is 73/100 with 4 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 Hard Off Co (TSE:2674), the current Debt-to-EBITDA is 0.78 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 Hard Off Co (TSE:2674) Overvalued in 2026?
Based on GuruFocus' analysis, Hard Off Co stock appears to be overvalued.
The current stock price of 円2,700.00 is trading 10.3% above its estimated GF Value™ of 円2,447.85.
GuruFocus considers Hard Off Co to be Fairly Valued.
Key valuation signals for TSE:2674:
Debt-to-EBITDA: 0.78 (near median its 10-year median of 0.74)
GF Value™: 円2,447.85 vs. price of 円2,700.00 (10.3% above fair value)
Industry Position: 65.8% below the Retail - Cyclical median (#228 of 910)
No single metric tells the full story. See the TSE:2674 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hard Off Corporation Co Ltd is a Japan-based company engaged in the reuse business. Its business activities include the purchase of used and unnecessary items from the customers, carry out repair, maintenance, inspection, and cleaning and sell to the customers. Products offered by the Hard Off Corporation include a personal computer, musical instruments, furniture, clothing for men; women; and children, trading cards, game, plastic model, toy, car supplies, bags and accessories, books, wine, champagne, beer, sake and shochu.
73GF Score
Get the complete analysis for TSE:2674
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