Tomoegawa (TSE:3878) Debt-to-EBITDA : 1.71 (As of Mar. 2026) — 61% Below Median

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TSE:3878 Tomoegawa Corp TSE:3878
60 GF Score
Price 円884.00
GF Value 円797.69
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Tomoegawa Debt-to-EBITDA?

Tomoegawa TSE:3878 +0.80% 60 Debt-to-EBITDA is 1.71 as of Mar. 2026, which is 61% below its 10-year median of 4.36. GuruFocus rates TSE:3878 with a GF Score™ of 60/100 and a GF Value™ of 円797.69 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 210 Forest Products companies, Tomoegawa ranks worse than 53.81% on this metric.

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

Tomoegawa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円11,159 Mil. Tomoegawa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円3,979 Mil. Tomoegawa's annualized EBITDA for the quarter that ended in Mar. 2026 was 円8,856 Mil. Tomoegawa's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.71.

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

TSE:3878' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.83   Med: 4.36   Max: 10.07
Current: 3.58

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tomoegawa was 10.07. The lowest was 2.83. And the median was 4.36.

TSE:3878's Debt-to-EBITDA is ranked worse than
53.81% of 210 companies
in the Forest Products industry
Industry Median: 3.28 vs TSE:3878: 3.58

Tomoegawa  (TSE:3878) 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.


Tomoegawa Debt-to-EBITDA Related Terms


Tomoegawa Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tomoegawa'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.

Tomoegawa Debt-to-EBITDA Chart

Tomoegawa Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.83 2.99 3.91 4.08 4.11

Tomoegawa Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.25 2.53 -8.29 1.71 3.83

Tomoegawa Debt-to-EBITDA Competitor Comparison

For the Paper & Paper Products subindustry, Tomoegawa'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.


Tomoegawa Debt-to-EBITDA vs Forest Products Industry

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

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


TSE:3878
60GF Score
Tomoegawa Corp TSE:3878
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tomoegawa Debt-to-EBITDA Calculation

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

Tomoegawa'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
=(11159 + 3979) / 3684
=4.11

Tomoegawa's annualized Debt-to-EBITDA for the quarter 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
=(11159 + 3979) / 8856
=1.71

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.71 mean?
Tomoegawa (TSE:3878) has a Debt-to-EBITDA of 1.71 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Tomoegawa. This is 61% below median its historical median of 4.36. Over the past decade, Tomoegawa's Debt-to-EBITDA has ranged from 2.83 to 10.07. According to the industry distribution chart, Tomoegawa ranks #113 out of 210 companies in the Forest Products industry, placing it in the top 53.8%.
Is Tomoegawa's Debt-to-EBITDA too high?
Tomoegawa's current Debt-to-EBITDA of 1.71 is 61% below median its 10-year median of 4.36. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 10.07. The Forest Products industry median Debt-to-EBITDA is 3.28. Tomoegawa's value of 1.71 is 47.9% below this industry median. Based on the distribution chart, Tomoegawa ranks #113 out of 210 companies in the Forest Products industry, which is below the industry midpoint. Overall, Tomoegawa has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tomoegawa's Debt-to-EBITDA compare to competitors?
According to the Forest Products industry distribution chart, Tomoegawa ranks #113 out of 210 companies for Debt-to-EBITDA. This places Tomoegawa in the lower half of its industry. The industry median Debt-to-EBITDA is 3.28. Tomoegawa's value of 1.71 is 47.9% below this benchmark. Historically, Tomoegawa's own Debt-to-EBITDA has ranged from 2.83 to 10.07 over the past decade. While the company's 10-year median is 4.36 vs. the industry median of 3.28, Tomoegawa 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 Forest Products company?
The median Debt-to-EBITDA among Forest Products companies is 3.28, based on 210 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. Tomoegawa's current Debt-to-EBITDA of 1.71 is 47.9% 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 Tomoegawa. For the Forest Products industry, the median Debt-to-EBITDA is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomoegawa's current Debt-to-EBITDA is 1.71, which is 61% below median its own 10-year median of 4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomoegawa stock overvalued right now?
Based on GuruFocus' analysis, Tomoegawa (TSE:3878) is currently considered Modestly Overvalued. The stock's GF Value™ is 円797.69, compared to a current price of 円884.00 — trading 10.8% above its estimated fair value. The current Debt-to-EBITDA is 1.71, which is 61% below median its 10-year median of 4.36 and 47.9% below the Forest Products industry median of 3.28. Tomoegawa's overall GF Score™ is 60/100 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 Tomoegawa (TSE:3878), the current Debt-to-EBITDA is 1.71 as of Mar. 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 Tomoegawa (TSE:3878) Overvalued in 2026?

Based on GuruFocus' analysis, Tomoegawa stock appears to be overvalued. The current stock price of 円884.00 is trading 10.8% above its estimated GF Value™ of 円797.69. GuruFocus considers Tomoegawa to be Modestly Overvalued.

Key valuation signals for TSE:3878:

  • Debt-to-EBITDA: 1.71 (61% below median its 10-year median of 4.36)
  • GF Value™: 円797.69 vs. price of 円884.00 (10.8% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 47.9% below the Forest Products median (#113 of 210)

No single metric tells the full story. See the TSE:3878 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tomoegawa Business Description

Address 2-1-3 Kyobashi, 7th Floor, KYOBASHI Trust Tower, Chuo-ku, Tokyo, JPN, 104-8335
Tomoegawa Corp manufactures, processes, and sells electronics parts, display parts, fine particles, functional sheets, and specialty paper products. It offers clear hard coat films for screen protection of mobile devices; adhesive tapes for circuit boards; and lids for hermetic seal package, as well as electrostatic chuck for LSI and LCD manufacturing process. The company also provides display component materials; and display film products. It offers fine particle materials, such as magnetic toners, non-magnetic toners, full color toners; information printing materials comprising inkjet; and special fiber sheets, including stainless fiber sheets, fluorine fiber sheets. Further, it provides ultra-lightweight printing papers; and insulating papers, conductive papers, absorbing papers.
60GF Score

Get the complete analysis for TSE:3878

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

円884.00
Price
円797.69
GF Value