Baroque Japan (TSE:3548) Debt-to-EBITDA : 3.37 (As of Feb. 2026) — Near Median

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TSE:3548 Baroque Japan Ltd TSE:3548
61 GF Score
Price 円731.00
GF Value 円693.84
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Baroque Japan Debt-to-EBITDA?

Baroque Japan TSE:3548 -0.14% 61 Debt-to-EBITDA is 3.37 as of Feb. 2026, which is 2% below its 10-year median of 3.43. GuruFocus rates TSE:3548 with a GF Score™ of 61/100 and a GF Value™ of 円693.84 (Fairly Valued). The stock has 5 warning signs investors should review. Among 910 Retail - Cyclical companies, Baroque Japan ranks worse than 90.77% on this metric.

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

Baroque Japan's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円3,000 Mil. Baroque Japan's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円5,000 Mil. Baroque Japan's annualized EBITDA for the quarter that ended in Feb. 2026 was 円2,376 Mil. Baroque Japan's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 was 3.37.

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 Baroque Japan's Debt-to-EBITDA or its related term are showing as below:

TSE:3548' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.18   Med: 3.43   Max: 13.57
Current: 9.58

During the past 11 years, the highest Debt-to-EBITDA Ratio of Baroque Japan was 13.57. The lowest was -8.18. And the median was 3.43.

TSE:3548's Debt-to-EBITDA is ranked worse than
90.77% of 910 companies
in the Retail - Cyclical industry
Industry Median: 2.35 vs TSE:3548: 9.58

Baroque Japan  (TSE:3548) 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.


Baroque Japan Debt-to-EBITDA Related Terms


Baroque Japan Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Baroque Japan'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.

Baroque Japan Debt-to-EBITDA Chart

Baroque Japan Annual Data
Trend Jan16 Jan17 Jan18 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.34 4.38 3.04 -8.18 5.81

Baroque Japan Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 2.96 -10.81 6.83 3.37 15.04

TSE:3548 vs TJX, ROST, BURL: Debt-to-EBITDA Comparison

For the Apparel Retail subindustry, Baroque Japan'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.


Baroque Japan Debt-to-EBITDA vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Baroque Japan's Debt-to-EBITDA distribution charts can be found below:

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


TSE:3548
61GF Score
Baroque Japan Ltd TSE:3548
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baroque Japan Debt-to-EBITDA Calculation

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

Baroque Japan's Debt-to-EBITDA for the fiscal year that ended in Feb. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3000 + 5000) / 1378
=5.81

Baroque Japan's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3000 + 5000) / 2376
=3.37

* 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 (Feb. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.37 mean?
Baroque Japan (TSE:3548) has a Debt-to-EBITDA of 3.37 as of Feb. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Baroque Japan. This is near median its historical median of 3.43. According to the industry distribution chart, Baroque Japan ranks #826 out of 910 companies in the Retail - Cyclical industry, placing it in the top 90.8%.
Is Baroque Japan's Debt-to-EBITDA too high?
Baroque Japan's current Debt-to-EBITDA of 3.37 is near median its 10-year median of 3.43. The Retail - Cyclical industry median Debt-to-EBITDA is 2.35. Baroque Japan's value of 3.37 is 43.4% above this industry median. Based on the distribution chart, Baroque Japan ranks #826 out of 910 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Baroque Japan has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Baroque Japan's Debt-to-EBITDA compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Baroque Japan ranks #826 out of 910 companies for Debt-to-EBITDA. This places Baroque Japan in the lower half of its industry. The industry median Debt-to-EBITDA is 2.35. Baroque Japan's value of 3.37 is 43.4% above this benchmark. While the company's 10-year median is 3.43 vs. the industry median of 2.35, Baroque Japan 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 Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.35, based on 910 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. Baroque Japan's current Debt-to-EBITDA of 3.37 is 43.4% 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 Baroque Japan. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baroque Japan's current Debt-to-EBITDA is 3.37, which is near median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baroque Japan stock overvalued right now?
Based on GuruFocus' analysis, Baroque Japan (TSE:3548) is currently considered Fairly Valued. The stock's GF Value™ is 円693.84, compared to a current price of 円731.00 — trading 5.4% above its estimated fair value. The current Debt-to-EBITDA is 3.37, which is near median its 10-year median of 3.43 and 43.4% above the Retail - Cyclical industry median of 2.35. Baroque Japan's overall GF Score™ is 61/100 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 Baroque Japan (TSE:3548), the current Debt-to-EBITDA is 3.37 as of Feb. 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 Baroque Japan (TSE:3548) Overvalued in 2026?

Based on GuruFocus' analysis, Baroque Japan stock appears to be overvalued. The current stock price of 円731.00 is trading 5.4% above its estimated GF Value™ of 円693.84. GuruFocus considers Baroque Japan to be Fairly Valued.

Key valuation signals for TSE:3548:

  • Debt-to-EBITDA: 3.37 (near median its 10-year median of 3.43)
  • GF Value™: 円693.84 vs. price of 円731.00 (5.4% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 43.4% above the Retail - Cyclical median (#826 of 910)

No single metric tells the full story. See the TSE:3548 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baroque Japan Business Description

Address 4-7-7 Aobadai, Sumitomo Realty & Development Aobadai Hills, Meguro-ku, Tokyo, JPN, 153-0042
Baroque Japan Ltd operates as a holding company which engages in the operation of apparels and accessory franchise stores. The company provides fashion building and train station building apparels, shopping center apparels, department store apparels, non-store (mail order-wholesale), shoes, and own branded stores and online shopping malls.
61GF Score

Get the complete analysis for TSE:3548

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

円731.00
Price
円693.84
GF Value