Nippon Coke & Engineering Co (TSE:3315) Debt-to-EBITDA : 4.87 (As of Mar. 2026) — 67% Above Median

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TSE:3315 Nippon Coke & Engineering Co Ltd TSE:3315
46 GF Score
Price 円104.00
GF Value 円72.26
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Nippon Coke & Engineering Co Debt-to-EBITDA?

Nippon Coke & Engineering Co TSE:3315 46 Debt-to-EBITDA is 4.87 as of Mar. 2026, which is 67% above its 10-year median of 2.91. GuruFocus rates TSE:3315 with a GF Score™ of 46/100 and a GF Value™ of 円72.26 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 498 Steel companies, Nippon Coke & Engineering Co ranks worse than 99.8% on this metric.

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

Nippon Coke & Engineering Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円37,886 Mil. Nippon Coke & Engineering Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円29,391 Mil. Nippon Coke & Engineering Co's annualized EBITDA for the quarter that ended in Mar. 2026 was 円13,820 Mil. Nippon Coke & Engineering Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 4.87.

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 Nippon Coke & Engineering Co's Debt-to-EBITDA or its related term are showing as below:

TSE:3315' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -275.73   Med: 2.91   Max: 422.88
Current: 422.88

During the past 13 years, the highest Debt-to-EBITDA Ratio of Nippon Coke & Engineering Co was 422.88. The lowest was -275.73. And the median was 2.91.

TSE:3315's Debt-to-EBITDA is ranked worse than
99.8% of 498 companies
in the Steel industry
Industry Median: 2.775 vs TSE:3315: 422.88

Nippon Coke & Engineering Co  (TSE:3315) 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.


Nippon Coke & Engineering Co Debt-to-EBITDA Related Terms


Nippon Coke & Engineering Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Nippon Coke & Engineering 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.

Nippon Coke & Engineering Co Debt-to-EBITDA Chart

Nippon Coke & Engineering Co 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 1.37 10.82 6.07 -10.96 -275.73

Nippon Coke & Engineering Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 -19.17 3.48 -2.20 4.87 -45.15

TSE:3315 vs HCC, AMR: Debt-to-EBITDA Comparison

For the Coking Coal subindustry, Nippon Coke & Engineering 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.


Nippon Coke & Engineering Co Debt-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, Nippon Coke & Engineering Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Nippon Coke & Engineering Co's Debt-to-EBITDA falls into.


TSE:3315
46GF Score
Nippon Coke & Engineering Co Ltd TSE:3315
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Coke & Engineering Co Debt-to-EBITDA Calculation

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

Nippon Coke & Engineering Co'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
=(37886 + 29391) / -244
=-275.73

Nippon Coke & Engineering 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
=(37886 + 29391) / 13820
=4.87

* 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 4.87 mean?
Nippon Coke & Engineering Co (TSE:3315) has a Debt-to-EBITDA of 4.87 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 Nippon Coke & Engineering Co. This is 67% above median its historical median of 2.91. According to the industry distribution chart, Nippon Coke & Engineering Co ranks #497 out of 498 companies in the Steel industry, placing it in the top 99.8%.
Is Nippon Coke & Engineering Co's Debt-to-EBITDA too high?
Nippon Coke & Engineering Co's current Debt-to-EBITDA of 4.87 is 67% above median its 10-year median of 2.91. The Steel industry median Debt-to-EBITDA is 2.78. Nippon Coke & Engineering Co's value of 4.87 is 75.5% above this industry median. Based on the distribution chart, Nippon Coke & Engineering Co ranks #497 out of 498 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Nippon Coke & Engineering Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Coke & Engineering Co's Debt-to-EBITDA compare to HCC and AMR?
According to the Steel industry distribution chart, Nippon Coke & Engineering Co ranks #497 out of 498 companies for Debt-to-EBITDA. This places Nippon Coke & Engineering Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.78. Nippon Coke & Engineering Co's value of 4.87 is 75.5% above this benchmark. While the company's 10-year median is 2.91 vs. the industry median of 2.78, Nippon Coke & Engineering 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 a Steel company?
The median Debt-to-EBITDA among Steel companies is 2.78, based on 498 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. Nippon Coke & Engineering Co's current Debt-to-EBITDA of 4.87 is 75.5% 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 Nippon Coke & Engineering Co. For the Steel industry, the median Debt-to-EBITDA is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Coke & Engineering Co's current Debt-to-EBITDA is 4.87, which is 67% above median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Coke & Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Coke & Engineering Co (TSE:3315) is currently considered Significantly Overvalued. The stock's GF Value™ is 円72.26, compared to a current price of 円104.00 — trading 43.9% above its estimated fair value. The current Debt-to-EBITDA is 4.87, which is 67% above median its 10-year median of 2.91 and 75.5% above the Steel industry median of 2.78. Nippon Coke & Engineering Co's overall GF Score™ is 46/100 with 5 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 Nippon Coke & Engineering Co (TSE:3315), the current Debt-to-EBITDA is 4.87 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 Nippon Coke & Engineering Co (TSE:3315) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Coke & Engineering Co stock appears to be overvalued. The current stock price of 円104.00 is trading 43.9% above its estimated GF Value™ of 円72.26. GuruFocus considers Nippon Coke & Engineering Co to be Significantly Overvalued.

Key valuation signals for TSE:3315:

  • Debt-to-EBITDA: 4.87 (67% above median its 10-year median of 2.91)
  • GF Value™: 円72.26 vs. price of 円104.00 (43.9% above fair value)
  • GF Score™: 46/100 with 5 warning signs
  • Industry Position: 75.5% above the Steel median (#497 of 498)

No single metric tells the full story. See the TSE:3315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Coke & Engineering Co Business Description

Other Exchanges NJ2:Germany
Address 3-3-3 Toyosu, Koto-ku, Tokyo, JPN, 135-6007
Nippon Coke & Engineering Co Ltd is engaged in the business of production and supply of coal and coke. The company also focuses on the sale and production of powder and granule-related equipment and machinery. In addition, it is involved in resource recycling, and logistics businesses; and property rental activity. Business is functioned through Japan and it derives the majority of its revenue from the coal and coke segment.
46GF Score

Get the complete analysis for TSE:3315

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

円104.00
Price
円72.26
GF Value