Tokai Holdings (TSE:3167) Debt-to-EBITDA : 1.80 (As of Mar. 2026) — 17% Below Median

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TSE:3167 Tokai Holdings Corp TSE:3167
81 GF Score
Price 円1,263.00
GF Value 円1,042.08
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Tokai Holdings Debt-to-EBITDA?

Tokai Holdings TSE:3167 +0.88% 81 Debt-to-EBITDA is 1.80 as of Mar. 2026, which is 17% below its 10-year median of 2.16. GuruFocus rates TSE:3167 with a GF Score™ of 81/100 and a GF Value™ of 円1,042.08 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 454 Conglomerates companies, Tokai Holdings ranks better than 63.66% on this metric.

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

Tokai Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円22,382 Mil. Tokai Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円44,452 Mil. Tokai Holdings's annualized EBITDA for the quarter that ended in Mar. 2026 was 円37,188 Mil. Tokai Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.80.

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

TSE:3167' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.87   Med: 2.16   Max: 2.4
Current: 1.93

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tokai Holdings was 2.40. The lowest was 1.87. And the median was 2.16.

TSE:3167's Debt-to-EBITDA is ranked better than
63.66% of 454 companies
in the Conglomerates industry
Industry Median: 2.7 vs TSE:3167: 1.93

Tokai Holdings  (TSE:3167) 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.


Tokai Holdings Debt-to-EBITDA Related Terms


Tokai Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tokai Holdings'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.

Tokai Holdings Debt-to-EBITDA Chart

Tokai Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 2.29 2.13 1.96 1.93

Tokai Holdings 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 1.54 1.47 1.87 1.29 1.80

TSE:3167 vs MMM, HON: Debt-to-EBITDA Comparison

For the Conglomerates subindustry, Tokai Holdings'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.


Tokai Holdings Debt-to-EBITDA vs Conglomerates Industry

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

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


TSE:3167
81GF Score
Tokai Holdings Corp TSE:3167
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokai Holdings Debt-to-EBITDA Calculation

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

Tokai Holdings's Debt-to-EBITDA for the fiscal year 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
=(22382 + 44452) / 34651
=1.93

Tokai Holdings'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
=(22382 + 44452) / 37188
=1.80

* 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 1.80 mean?
Tokai Holdings (TSE:3167) has a Debt-to-EBITDA of 1.80 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 Tokai Holdings. This is 17% below median its historical median of 2.16. Over the past decade, Tokai Holdings' Debt-to-EBITDA has ranged from 1.87 to 2.40. According to the industry distribution chart, Tokai Holdings ranks #165 out of 454 companies in the Conglomerates industry, placing it in the top 36.3%.
Is Tokai Holdings' Debt-to-EBITDA too high?
Tokai Holdings' current Debt-to-EBITDA of 1.80 is 17% below median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 2.40. The Conglomerates industry median Debt-to-EBITDA is 2.70. Tokai Holdings' value of 1.80 is 33.3% below this industry median. Based on the distribution chart, Tokai Holdings ranks #165 out of 454 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Tokai Holdings has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Holdings' Debt-to-EBITDA compare to MMM and HON?
According to the Conglomerates industry distribution chart, Tokai Holdings ranks #165 out of 454 companies for Debt-to-EBITDA. This puts Tokai Holdings in the upper half of its industry. The industry median Debt-to-EBITDA is 2.70. Tokai Holdings' value of 1.80 is 33.3% below this benchmark. Historically, Tokai Holdings' own Debt-to-EBITDA has ranged from 1.87 to 2.40 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 2.70, Tokai Holdings 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 Conglomerates company?
The median Debt-to-EBITDA among Conglomerates companies is 2.70, based on 454 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. Tokai Holdings's current Debt-to-EBITDA of 1.80 is 33.3% 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 Tokai Holdings. For the Conglomerates industry, the median Debt-to-EBITDA is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokai Holdings's current Debt-to-EBITDA is 1.80, which is 17% below median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tokai Holdings (TSE:3167) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,042.08, compared to a current price of 円1,263.00 — trading 21.2% above its estimated fair value. The current Debt-to-EBITDA is 1.80, which is 17% below median its 10-year median of 2.16 and 33.3% below the Conglomerates industry median of 2.70. Tokai Holdings' overall GF Score™ is 81/100 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 Tokai Holdings (TSE:3167), the current Debt-to-EBITDA is 1.80 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 Tokai Holdings (TSE:3167) Overvalued in 2026?

Based on GuruFocus' analysis, Tokai Holdings stock appears to be overvalued. The current stock price of 円1,263.00 is trading 21.2% above its estimated GF Value™ of 円1,042.08. GuruFocus considers Tokai Holdings to be Modestly Overvalued.

Key valuation signals for TSE:3167:

  • Debt-to-EBITDA: 1.80 (17% below median its 10-year median of 2.16)
  • GF Value™: 円1,042.08 vs. price of 円1,263.00 (21.2% above fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 33.3% below the Conglomerates median (#165 of 454)

No single metric tells the full story. See the TSE:3167 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokai Holdings Business Description

Address 2-6-8, Tokiwa-Cho, Aoi-ku, Shizuoka Prefecture, Shizuoka, JPN, 5008828
Tokai Holdings Corp is engaged in miscellaneous business operations. The scope of its activities includes energy, residential real estate and cable television. The energy business relates to the sale of liquefied petroleum gas, liquefied natural gas, oil products, high-pressure gas such as oxygen and nitrogen. The real estate division is responsible for the construction and design of residential buildings and stores. The communication division is engaged in software development, information processing service, optical fiber leasing, data transmission, and the sale of asymmetric digital subscriber line.
81GF Score

Get the complete analysis for TSE:3167

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

円1,263.00
Price
円1,042.08
GF Value