Dualtap Co (TSE:3469) Debt-to-EBITDA : 4.97 (As of Dec. 2025) — 31% Below Median

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TSE:3469 Dualtap Co Ltd TSE:3469
63 GF Score
Price 円898.00
GF Value 円1,074.57
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Dualtap Co Debt-to-EBITDA?

Dualtap Co TSE:3469 +0.34% 63 Debt-to-EBITDA is 4.97 as of Dec. 2025, which is 31% below its 10-year median of 7.20. GuruFocus rates TSE:3469 with a GF Score™ of 63/100 and a GF Value™ of 円1,074.57 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,274 Real Estate companies, Dualtap Co ranks worse than 76.92% on this metric.

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

Dualtap Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was 円1,369 Mil. Dualtap Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was 円1,164 Mil. Dualtap Co's annualized EBITDA for the quarter that ended in Dec. 2025 was 円510 Mil. Dualtap Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 4.97.

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

TSE:3469' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -26.88   Med: 7.2   Max: 28.3
Current: 11.82

During the past 11 years, the highest Debt-to-EBITDA Ratio of Dualtap Co was 28.30. The lowest was -26.88. And the median was 7.20.

TSE:3469's Debt-to-EBITDA is ranked worse than
76.92% of 1274 companies
in the Real Estate industry
Industry Median: 5.485 vs TSE:3469: 11.82

Dualtap Co  (TSE:3469) 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.


Dualtap Co Debt-to-EBITDA Related Terms


Dualtap Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Dualtap 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.

Dualtap Co Debt-to-EBITDA Chart

Dualtap Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.30 12.58 7.18 -26.88 9.51

Dualtap Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 -12.89 3.05 -9.23 4.97 22.59

Dualtap Co Debt-to-EBITDA Competitor Comparison

For the Real Estate - Diversified subindustry, Dualtap 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.


Dualtap Co Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Dualtap Co's Debt-to-EBITDA distribution charts can be found below:

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


TSE:3469
63GF Score
Dualtap Co Ltd TSE:3469
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dualtap Co Debt-to-EBITDA Calculation

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

Dualtap Co's Debt-to-EBITDA for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1122.861 + 1468.985) / 272.656
=9.51

Dualtap Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1369.34 + 1163.932) / 509.748
=4.97

* 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 (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.97 mean?
Dualtap Co (TSE:3469) has a Debt-to-EBITDA of 4.97 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Dualtap Co. This is 31% below median its historical median of 7.20. According to the industry distribution chart, Dualtap Co ranks #980 out of 1274 companies in the Real Estate industry, placing it in the top 76.9%.
Is Dualtap Co's Debt-to-EBITDA too high?
Dualtap Co's current Debt-to-EBITDA of 4.97 is 31% below median its 10-year median of 7.20. The Real Estate industry median Debt-to-EBITDA is 5.49. Dualtap Co's value of 4.97 is 9.4% below this industry median. Based on the distribution chart, Dualtap Co ranks #980 out of 1274 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Dualtap Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dualtap Co's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Dualtap Co ranks #980 out of 1274 companies for Debt-to-EBITDA. This places Dualtap Co in the lower half of its industry. The industry median Debt-to-EBITDA is 5.49. Dualtap Co's value of 4.97 is 9.4% below this benchmark. While the company's 10-year median is 7.20 vs. the industry median of 5.49, Dualtap 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.49, based on 1,274 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. Dualtap Co's current Debt-to-EBITDA of 4.97 is 9.4% 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 Dualtap Co. For the Real Estate industry, the median Debt-to-EBITDA is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dualtap Co's current Debt-to-EBITDA is 4.97, which is 31% below median its own 10-year median of 7.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dualtap Co stock overvalued right now?
Based on GuruFocus' analysis, Dualtap Co (TSE:3469) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,074.57, compared to a current price of 円898.00 — trading 16.4% below its estimated fair value. The current Debt-to-EBITDA is 4.97, which is 31% below median its 10-year median of 7.20 and 9.4% below the Real Estate industry median of 5.49. Dualtap Co's overall GF Score™ is 63/100 with 2 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 Dualtap Co (TSE:3469), the current Debt-to-EBITDA is 4.97 as of Dec. 2025. 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 Dualtap Co (TSE:3469) Overvalued in 2026?

Based on GuruFocus' analysis, Dualtap Co stock appears to be undervalued. The current stock price of 円898.00 is trading 16.4% below its estimated GF Value™ of 円1,074.57. GuruFocus considers Dualtap Co to be Modestly Undervalued.

Key valuation signals for TSE:3469:

  • Debt-to-EBITDA: 4.97 (31% below median its 10-year median of 7.20)
  • GF Value™: 円1,074.57 vs. price of 円898.00 (16.4% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 9.4% below the Real Estate median (#980 of 1274)

No single metric tells the full story. See the TSE:3469 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dualtap Co Business Description

Address 4-7 Hisamatsucho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0005
Dualtap Co Ltd is a real estate company. Along with its subsidiaries, the company operates across various business segments such as the Real estate sales business, Real estate management business, Overseas real estate business, and the Sales support business. A majority of its revenue is generated from the Real estate sales business which plans and develops asset management condominiums, called XEBEC across various wards of Tokyo. The properties developed are sold to individual investors, REITs, real estate funds, corporate corporations, etc.
63GF Score

Get the complete analysis for TSE:3469

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

円898.00
Price
円1,074.57
GF Value