Oji Holdings (TSE:3861) Debt-to-EBITDA : (As of Jun. 2026)

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TSE:3861 Oji Holdings Corp TSE:3861
58 GF Score
Price 円875.70
GF Value 円781.55
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Oji Holdings Debt-to-EBITDA?

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

Oji Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was 円421,597 Mil. Oji Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was 円610,350 Mil. Oji Holdings's annualized EBITDA for the quarter that ended in Jun. 2026 was 円148,332 Mil. Oji Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 6.96.

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 Oji Holdings's Debt-to-EBITDA or its related term are showing as below:

TSE:3861' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.1   Med: 4.18   Max: 4.59
Current: 4.59

During the past 13 years, the highest Debt-to-EBITDA Ratio of Oji Holdings was 4.59. The lowest was 3.10. And the median was 4.18.

TSE:3861's Debt-to-EBITDA is ranked worse than
63.94% of 208 companies
in the Forest Products industry
Industry Median: 3.205 vs TSE:3861: 4.59

Oji Holdings  (TSE:3861) 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.


Oji Holdings Debt-to-EBITDA Related Terms


Oji Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Oji Holdings'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.

Oji Holdings Debt-to-EBITDA Chart

Oji Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
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Oji Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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Oji Holdings Debt-to-EBITDA Competitor Comparison

For the Paper & Paper Products subindustry, Oji Holdings'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.


Oji Holdings Debt-to-EBITDA vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Oji Holdings's Debt-to-EBITDA distribution charts can be found below:

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


TSE:3861
58GF Score
Oji Holdings Corp TSE:3861
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oji Holdings Debt-to-EBITDA Calculation

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

Oji Holdings'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
=(354994 + 629937) / 202214
=4.87

Oji Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(421597 + 610350) / 148332
=6.96

* 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 (Jun. 2026) EBITDA data.

Is Oji Holdings (TSE:3861) Overvalued in 2026?

Based on GuruFocus' analysis, Oji Holdings stock appears to be overvalued. The current stock price of 円875.70 is trading 12% above its estimated GF Value™ of 円781.55. GuruFocus considers Oji Holdings to be Modestly Overvalued.

Key valuation signals for TSE:3861:

  • Debt-to-EBITDA:
  • GF Value™: 円781.55 vs. price of 円875.70 (12% above fair value)
  • GF Score™: 58/100 with 7 warning signs

No single metric tells the full story. See the TSE:3861 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oji Holdings Business Description

Other Exchanges OJI:Germany
Address 7-5 Ginza, 4-chome, Chuo-ku, Tokyo, JPN, 104-0061
Oji Holdings Corp through its group companies, is engaged in the production and distribution of pulp, paper products, and converted paper products. The company operates through five segments. The Functional Materials segment covers specialty paper, thermal paper, adhesives, and films. The Living and Industrial Materials segment includes corrugated base paper, paperboard, packaging paper, household paper, and disposable diapers. The Print Information Media segment engages in newsprint, printing, publishing, and information paper. The Resource and Environmental Business segment spans pulp, energy, afforestation, and wood processing. The Others segment comprises trading, eco-friendly packaging, logistics, engineering, real estate, and liquid cartons.
58GF Score

Get the complete analysis for TSE:3861

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

円875.70
Price
円781.55
GF Value