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MBK CoTSE:3121 +1.22%59 Debt-to-EBITDA is 16.87 as of Apr. 2026, which is 2% above its 10-year median of 16.53. GuruFocus rates TSE:3121 with a GF Score™ of 59/100 and a GF Value™ of 円220.23 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 387 Asset Management companies, MBK Co ranks worse than 95.09% 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 MBK Co's Debt-to-EBITDA or its related term are showing as below:
TSE:3121'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 9.39 Med: 16.53 Max: 77.35
Current: 20.89
During the past 13 years, the highest Debt-to-EBITDA Ratio of MBK Co was 77.35. The lowest was 9.39. And the median was 16.53.
TSE:3121's Debt-to-EBITDA is ranked worse than 95.09% of 387
companies
in the Asset Management industry
Industry Median: 1.42
vs TSE:3121: 20.89
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.
MBK Co Debt-to-EBITDA Related Terms
MBK Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for MBK 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:3121 vs BLK, BX, KKR: Debt-to-EBITDA Comparison
For the Asset Management subindustry, MBK 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.
MBK Co Debt-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, MBK Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where MBK 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 two times the quarterly (Apr. 2026) EBITDA data.
MBK Co (TSE:3121) has a Debt-to-EBITDA of 16.87 as of Apr. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on MBK Co. This is near median its historical median of 16.53. Over the past decade, MBK Co's Debt-to-EBITDA has ranged from 9.39 to 77.35. According to the industry distribution chart, MBK Co ranks #368 out of 387 companies in the Asset Management industry, placing it in the top 95.1%.
Is MBK Co's Debt-to-EBITDA too high?
MBK Co's current Debt-to-EBITDA of 16.87 is near median its 10-year median of 16.53. Over the past 10 years, this metric has ranged from a low of 9.39 to a high of 77.35. The Asset Management industry median Debt-to-EBITDA is 1.42. MBK Co's value of 16.87 is 1088% above this industry median. Based on the distribution chart, MBK Co ranks #368 out of 387 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, MBK Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MBK Co's Debt-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, MBK Co ranks #368 out of 387 companies for Debt-to-EBITDA. This places MBK Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.42. MBK Co's value of 16.87 is 1088% above this benchmark. Historically, MBK Co's own Debt-to-EBITDA has ranged from 9.39 to 77.35 over the past decade. While the company's 10-year median is 16.53 vs. the industry median of 1.42, MBK Co 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 an Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.42, based on 387 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. MBK Co's current Debt-to-EBITDA of 16.87 is 1088% 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 MBK Co. For the Asset Management industry, the median Debt-to-EBITDA is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MBK Co's current Debt-to-EBITDA is 16.87, which is near median its own 10-year median of 16.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBK Co stock overvalued right now?
Based on GuruFocus' analysis, MBK Co (TSE:3121) is currently considered Modestly Overvalued. The stock's GF Value™ is 円220.23, compared to a current price of 円249.00 — trading 13.1% above its estimated fair value. The current Debt-to-EBITDA is 16.87, which is near median its 10-year median of 16.53 and 1088% above the Asset Management industry median of 1.42. MBK Co's overall GF Score™ is 59/100 with 10 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 MBK Co (TSE:3121), the current Debt-to-EBITDA is 16.87 as of Apr. 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 MBK Co (TSE:3121) Overvalued in 2026?
Based on GuruFocus' analysis, MBK Co stock appears to be overvalued.
The current stock price of 円249.00 is trading 13.1% above its estimated GF Value™ of 円220.23.
GuruFocus considers MBK Co to be Modestly Overvalued.
Key valuation signals for TSE:3121:
Debt-to-EBITDA: 16.87 (near median its 10-year median of 16.53)
GF Value™: 円220.23 vs. price of 円249.00 (13.1% above fair value)
Industry Position: 1088% above the Asset Management median (#368 of 387)
No single metric tells the full story. See the TSE:3121 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MBK Co Ltd provides investment advice to business and domestic companies to invest in real estate, fund management and advisory services, and operates hotels and sports facilities. The company's division includes the Merchant Banking Business and Operation Business. The company generates the majority of its revenue from the Merchant Banking Business.
59GF Score
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