Star Asia Investment (TSE:3468) Debt-to-EBITDA : 10.18 (As of Jan. 2026) — Near Median

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TSE:3468 Star Asia Investment Corp TSE:3468
51 GF Score
Price 円53,700.00
GF Value 円62,957.26
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Star Asia Investment Debt-to-EBITDA?

Star Asia Investment TSE:3468 -0.19% 51 Debt-to-EBITDA is 10.18 as of Jan. 2026, which is 5% below its 10-year median of 10.73. GuruFocus rates TSE:3468 with a GF Score™ of 51/100 and a GF Value™ of 円62,957.26 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 572 REITs companies, Star Asia Investment ranks worse than 76.22% on this metric.

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

Star Asia Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was 円20,275 Mil. Star Asia Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was 円118,605 Mil. Star Asia Investment's annualized EBITDA for the quarter that ended in Jan. 2026 was 円13,648 Mil. Star Asia Investment's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2026 was 10.18.

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 Star Asia Investment's Debt-to-EBITDA or its related term are showing as below:

TSE:3468' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.13   Med: 10.73   Max: 12.56
Current: 10.22

During the past 10 years, the highest Debt-to-EBITDA Ratio of Star Asia Investment was 12.56. The lowest was 5.13. And the median was 10.73.

TSE:3468's Debt-to-EBITDA is ranked worse than
76.22% of 572 companies
in the REITs industry
Industry Median: 6.53 vs TSE:3468: 10.22

Star Asia Investment  (TSE:3468) 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.


Star Asia Investment Debt-to-EBITDA Related Terms


Star Asia Investment Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Star Asia Investment'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.

Star Asia Investment Debt-to-EBITDA Chart

Star Asia Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.13 12.56 11.93 11.98 10.62

Star Asia Investment Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 12.42 11.69 11.06 10.27 10.18

TSE:3468 vs VICI, WPC: Debt-to-EBITDA Comparison

For the REIT - Diversified subindustry, Star Asia Investment'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.


Star Asia Investment Debt-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Star Asia Investment's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Star Asia Investment's Debt-to-EBITDA falls into.


TSE:3468
51GF Score
Star Asia Investment Corp TSE:3468
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Star Asia Investment Debt-to-EBITDA Calculation

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

Star Asia Investment's Debt-to-EBITDA for the fiscal year that ended in Jul. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(20910 + 117970) / 13076.66
=10.62

Star Asia Investment's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(20275 + 118605) / 13648.172
=10.18

* 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 (Jan. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 10.18 mean?
Star Asia Investment (TSE:3468) has a Debt-to-EBITDA of 10.18 as of Jan. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Star Asia Investment. This is near median its historical median of 10.73. Over the past decade, Star Asia Investment's Debt-to-EBITDA has ranged from 5.13 to 12.56. According to the industry distribution chart, Star Asia Investment ranks #436 out of 572 companies in the REITs industry, placing it in the top 76.2%.
Is Star Asia Investment's Debt-to-EBITDA too high?
Star Asia Investment's current Debt-to-EBITDA of 10.18 is near median its 10-year median of 10.73. Over the past 10 years, this metric has ranged from a low of 5.13 to a high of 12.56. The REITs industry median Debt-to-EBITDA is 6.53. Star Asia Investment's value of 10.18 is 55.9% above this industry median. Based on the distribution chart, Star Asia Investment ranks #436 out of 572 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Star Asia Investment has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Asia Investment's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Star Asia Investment ranks #436 out of 572 companies for Debt-to-EBITDA. This places Star Asia Investment in the lower half of its industry. The industry median Debt-to-EBITDA is 6.53. Star Asia Investment's value of 10.18 is 55.9% above this benchmark. Historically, Star Asia Investment's own Debt-to-EBITDA has ranged from 5.13 to 12.56 over the past decade. While the company's 10-year median is 10.73 vs. the industry median of 6.53, Star Asia Investment 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 REITs company?
The median Debt-to-EBITDA among REITs companies is 6.53, based on 572 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. Star Asia Investment's current Debt-to-EBITDA of 10.18 is 55.9% 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 Star Asia Investment. For the REITs industry, the median Debt-to-EBITDA is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Asia Investment's current Debt-to-EBITDA is 10.18, which is near median its own 10-year median of 10.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Asia Investment stock overvalued right now?
Based on GuruFocus' analysis, Star Asia Investment (TSE:3468) is currently considered Modestly Undervalued. The stock's GF Value™ is 円62,957.26, compared to a current price of 円53,700.00 — trading 14.7% below its estimated fair value. The current Debt-to-EBITDA is 10.18, which is near median its 10-year median of 10.73 and 55.9% above the REITs industry median of 6.53. Star Asia Investment's overall GF Score™ is 51/100 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 Star Asia Investment (TSE:3468), the current Debt-to-EBITDA is 10.18 as of Jan. 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 Star Asia Investment (TSE:3468) Overvalued in 2026?

Based on GuruFocus' analysis, Star Asia Investment stock appears to be undervalued. The current stock price of 円53,700.00 is trading 14.7% below its estimated GF Value™ of 円62,957.26. GuruFocus considers Star Asia Investment to be Modestly Undervalued.

Key valuation signals for TSE:3468:

  • Debt-to-EBITDA: 10.18 (near median its 10-year median of 10.73)
  • GF Value™: 円62,957.26 vs. price of 円53,700.00 (14.7% below fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 55.9% above the REITs median (#436 of 572)

No single metric tells the full story. See the TSE:3468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Star Asia Investment Business Description

Industry Real EstateREITs
Address 2-5-1, Atago, 18th Floor, Atago Green Hills MORI Tower, Minato-ku, Tokyo, JPN, 105-0002
Star Asia Investment Corp is a real estate investment trust (REIT). The company mainly invests in real estate properties such as business offices, logistics facilities, residential buildings and hotels. It aims to achieve internal and external growth in asset and maximize investors' profit from mid-term to long-term perspectives.
51GF Score

Get the complete analysis for TSE:3468

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

円53,700.00
Price
円62,957.26
GF Value