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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 The Why How Do Co's Debt-to-EBITDA or its related term are showing as below:
TSE:3823'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.04 Med: -0.98 Max: 18.87
Current: -3.04
During the past 13 years, the highest Debt-to-EBITDA Ratio of The Why How Do Co was 18.87. The lowest was -3.04. And the median was -0.98.
TSE:3823's Debt-to-EBITDA is ranked worse than 100% of 1721
companies
in the Software industry
Industry Median: 0.98
vs TSE:3823: -3.04
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 Why How Do Co Debt-to-EBITDA Related Terms
The Why How Do Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for The Why How Do 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.
TSE:3823 vs CRM, SHOP, UBER: Debt-to-EBITDA Comparison
For the Software - Application subindustry, The Why How Do 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.
The Why How Do Co Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, The Why How Do Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where The Why How Do Co's Debt-to-EBITDA falls into.
* 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.
The Why How Do Co (TSE:3823) has a Debt-to-EBITDA of -0.97 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 The Why How Do Co. According to the industry distribution chart, The Why How Do Co ranks #999999 out of 1721 companies in the Software industry.
Is The Why How Do Co's Debt-to-EBITDA too high?
The Why How Do Co's current Debt-to-EBITDA is -0.97. Based on the distribution chart, The Why How Do Co ranks #999999 out of 1721 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, The Why How Do Co has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Why How Do Co's Debt-to-EBITDA compare to CRM and SHOP?
According to the Software industry distribution chart, The Why How Do Co ranks #999999 out of 1721 companies for Debt-to-EBITDA. This places The Why How Do Co in the lower half of its industry. The industry median Debt-to-EBITDA is 0.98. 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 Software company?
The median Debt-to-EBITDA among Software companies is 0.98, based on 1,721 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. 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 The Why How Do Co. For the Software industry, the median Debt-to-EBITDA is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Why How Do Co's current Debt-to-EBITDA is -0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Why How Do Co stock overvalued right now?
Based on GuruFocus' analysis, The Why How Do Co (TSE:3823) is currently considered Possible Value Trap. The stock's GF Value™ is 円66.75, compared to a current price of 円31.00 — trading 53.6% below its estimated fair value. The current Debt-to-EBITDA is -0.97. The Why How Do Co's overall GF Score™ is 42/100 with 6 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 The Why How Do Co (TSE:3823), the current Debt-to-EBITDA is -0.97 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 The Why How Do Co (TSE:3823) Overvalued in 2026?
Based on GuruFocus' analysis, The Why How Do Co stock appears to be undervalued.
The current stock price of 円31.00 is trading 53.6% below its estimated GF Value™ of 円66.75.
GuruFocus considers The Why How Do Co to be Possible Value Trap.
Key valuation signals for TSE:3823:
Debt-to-EBITDA: -0.97
GF Value™: 円66.75 vs. price of 円31.00 (53.6% below fair value)
No single metric tells the full story. See the TSE:3823 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Why How Do Co Inc formerly Acrodea Inc is a software company. It is mainly engaged in the development of platform services for smartphones and IoT related solutions. In addition, the company provides social game and application related development and services.
42GF Score
Get the complete analysis for TSE:3823
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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