Can Do Co (TSE:2698) Debt-to-EBITDA : 1.06 (As of Feb. 2026) — 35% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:2698 Can Do Co Ltd TSE:2698
62 GF Score
Price 円3,490.00
GF Value 円3,555.71
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Can Do Co Debt-to-EBITDA?

Can Do Co TSE:2698 -3.86% 62 Debt-to-EBITDA is 1.06 as of Feb. 2026, which is 35% below its 10-year median of 1.64. GuruFocus rates TSE:2698 with a GF Score™ of 62/100 and a GF Value™ of 円3,555.71 (Fairly Valued). The stock has 3 warning signs investors should review. Among 255 Retail - Defensive companies, Can Do Co ranks better than 56.08% on this metric.

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

Can Do Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円4,011 Mil. Can Do Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円9 Mil. Can Do Co's annualized EBITDA for the quarter that ended in Feb. 2026 was 円3,780 Mil. Can Do Co's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 was 1.06.

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

TSE:2698' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 1.64   Max: 5.63
Current: 1.85

During the past 13 years, the highest Debt-to-EBITDA Ratio of Can Do Co was 5.63. The lowest was 0.01. And the median was 1.64.

TSE:2698's Debt-to-EBITDA is ranked better than
56.08% of 255 companies
in the Retail - Defensive industry
Industry Median: 2.09 vs TSE:2698: 1.85

Can Do Co  (TSE:2698) 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.


Can Do Co Debt-to-EBITDA Related Terms


Can Do Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Can Do 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.

Can Do Co Debt-to-EBITDA Chart

Can Do Co Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Feb24 Feb25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.01 0.52 5.63 2.76

Can Do Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.71 0.84 -2.27 1.06 1.57

TSE:2698 vs WMT, COST, TGT: Debt-to-EBITDA Comparison

For the Discount Stores subindustry, Can Do 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.


Can Do Co Debt-to-EBITDA vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Can Do Co's Debt-to-EBITDA distribution charts can be found below:

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


TSE:2698
62GF Score
Can Do Co Ltd TSE:2698
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Can Do Co Debt-to-EBITDA Calculation

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

Can Do Co's Debt-to-EBITDA for the fiscal year that ended in Feb. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3900 + 0) / 1413
=2.76

Can Do Co's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4011 + 9) / 3780
=1.06

* 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 (Feb. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.06 mean?
Can Do Co (TSE:2698) has a Debt-to-EBITDA of 1.06 as of Feb. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Can Do Co. This is 35% below median its historical median of 1.64. Over the past decade, Can Do Co's Debt-to-EBITDA has ranged from 0.01 to 5.63. According to the industry distribution chart, Can Do Co ranks #112 out of 255 companies in the Retail - Defensive industry, placing it in the top 43.9%.
Is Can Do Co's Debt-to-EBITDA too high?
Can Do Co's current Debt-to-EBITDA of 1.06 is 35% below median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 5.63. The Retail - Defensive industry median Debt-to-EBITDA is 2.09. Can Do Co's value of 1.06 is 49.3% below this industry median. Based on the distribution chart, Can Do Co ranks #112 out of 255 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Can Do Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Can Do Co's Debt-to-EBITDA compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Can Do Co ranks #112 out of 255 companies for Debt-to-EBITDA. This puts Can Do Co in the upper half of its industry. The industry median Debt-to-EBITDA is 2.09. Can Do Co's value of 1.06 is 49.3% below this benchmark. Historically, Can Do Co's own Debt-to-EBITDA has ranged from 0.01 to 5.63 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 2.09, Can Do 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 - Defensive company?
The median Debt-to-EBITDA among Retail - Defensive companies is 2.09, based on 255 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. Can Do Co's current Debt-to-EBITDA of 1.06 is 49.3% 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 Can Do Co. For the Retail - Defensive industry, the median Debt-to-EBITDA is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Can Do Co's current Debt-to-EBITDA is 1.06, which is 35% below median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Can Do Co stock overvalued right now?
Based on GuruFocus' analysis, Can Do Co (TSE:2698) is currently considered Fairly Valued. The stock's GF Value™ is 円3,555.71, compared to a current price of 円3,490.00 — trading 1.8% below its estimated fair value. The current Debt-to-EBITDA is 1.06, which is 35% below median its 10-year median of 1.64 and 49.3% below the Retail - Defensive industry median of 2.09. Can Do Co's overall GF Score™ is 62/100 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 Can Do Co (TSE:2698), the current Debt-to-EBITDA is 1.06 as of Feb. 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 Can Do Co (TSE:2698) Overvalued in 2026?

Based on GuruFocus' analysis, Can Do Co stock appears to be undervalued. The current stock price of 円3,490.00 is trading 1.8% below its estimated GF Value™ of 円3,555.71. GuruFocus considers Can Do Co to be Fairly Valued.

Key valuation signals for TSE:2698:

  • Debt-to-EBITDA: 1.06 (35% below median its 10-year median of 1.64)
  • GF Value™: 円3,555.71 vs. price of 円3,490.00 (1.8% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 49.3% below the Retail - Defensive median (#112 of 255)

No single metric tells the full story. See the TSE:2698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Can Do Co Business Description

Address 2-21-1 Kitashinjuku, Shinjuku-ku, Tokyo, JPN, 169-0074
Can Do Co Ltd main business is to develop a chain of retail stores for daily miscellaneous goods and processed food. The company generates the majority of its revenue from Japan. The company is a single business whose main purpose is to develop a chain of retail stores for daily miscellaneous goods and processed foods. Product wise the company generates the majority of its revenue from the sale of daily goods followed by sales of processed foods.
62GF Score

Get the complete analysis for TSE:2698

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

円3,490.00
Price
円3,555.71
GF Value