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Awa Paper & Technological CoTSE:3896 -1.67%54 Debt-to-EBITDA is 1.24 as of Mar. 2026, which is 77% below its 10-year median of 5.38. GuruFocus rates TSE:3896 with a GF Score™ of 54/100 and a GF Value™ of 円515.85 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 210 Forest Products companies, Awa Paper & Technological Co ranks worse than 59.05% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Awa Paper & Technological Co's Debt-to-EBITDA or its related term are showing as below:
TSE:3896'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.9 Med: 5.38 Max: 12.58
Current: 4.19
During the past 13 years, the highest Debt-to-EBITDA Ratio of Awa Paper & Technological Co was 12.58. The lowest was -9.90. And the median was 5.38.
TSE:3896's Debt-to-EBITDA is ranked worse than 59.05% of 210
companies
in the Forest Products industry
Industry Median: 3.28
vs TSE:3896: 4.19
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.
Awa Paper & Technological Co Debt-to-EBITDA Related Terms
Awa Paper & Technological Co Debt-to-EBITDA Historical Data
* 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.
Awa Paper & Technological Co Debt-to-EBITDA Competitor Comparison
For the Paper & Paper Products subindustry, Awa Paper & Technological 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.
Awa Paper & Technological Co Debt-to-EBITDA vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Awa Paper & Technological Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Awa Paper & Technological 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 (Mar. 2026) EBITDA data.
Awa Paper & Technological Co (TSE:3896) has a Debt-to-EBITDA of 1.24 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 Awa Paper & Technological Co. This is 77% below median its historical median of 5.38. According to the industry distribution chart, Awa Paper & Technological Co ranks #124 out of 210 companies in the Forest Products industry, placing it in the top 59%.
Is Awa Paper & Technological Co's Debt-to-EBITDA too high?
Awa Paper & Technological Co's current Debt-to-EBITDA of 1.24 is 77% below median its 10-year median of 5.38. The Forest Products industry median Debt-to-EBITDA is 3.28. Awa Paper & Technological Co's value of 1.24 is 62.2% below this industry median. Based on the distribution chart, Awa Paper & Technological Co ranks #124 out of 210 companies in the Forest Products industry, which is below the industry midpoint. Overall, Awa Paper & Technological Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Awa Paper & Technological Co's Debt-to-EBITDA compare to competitors?
According to the Forest Products industry distribution chart, Awa Paper & Technological Co ranks #124 out of 210 companies for Debt-to-EBITDA. This places Awa Paper & Technological Co in the lower half of its industry. The industry median Debt-to-EBITDA is 3.28. Awa Paper & Technological Co's value of 1.24 is 62.2% below this benchmark. While the company's 10-year median is 5.38 vs. the industry median of 3.28, Awa Paper & Technological 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 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. Awa Paper & Technological Co's current Debt-to-EBITDA of 1.24 is 62.2% 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 Awa Paper & Technological Co. 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. Awa Paper & Technological Co's current Debt-to-EBITDA is 1.24, which is 77% below median its own 10-year median of 5.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Awa Paper & Technological Co stock overvalued right now?
Based on GuruFocus' analysis, Awa Paper & Technological Co (TSE:3896) is currently considered Modestly Undervalued. The stock's GF Value™ is 円515.85, compared to a current price of 円412.00 — trading 20.1% below its estimated fair value. The current Debt-to-EBITDA is 1.24, which is 77% below median its 10-year median of 5.38 and 62.2% below the Forest Products industry median of 3.28. Awa Paper & Technological Co's overall GF Score™ is 54/100 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 Awa Paper & Technological Co (TSE:3896), the current Debt-to-EBITDA is 1.24 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 Awa Paper & Technological Co (TSE:3896) Overvalued in 2026?
Based on GuruFocus' analysis, Awa Paper & Technological Co stock appears to be undervalued.
The current stock price of 円412.00 is trading 20.1% below its estimated GF Value™ of 円515.85.
GuruFocus considers Awa Paper & Technological Co to be Modestly Undervalued.
Key valuation signals for TSE:3896:
Debt-to-EBITDA: 1.24 (77% below median its 10-year median of 5.38)
GF Value™: 円515.85 vs. price of 円412.00 (20.1% below fair value)
Industry Position: 62.2% below the Forest Products median (#124 of 210)
No single metric tells the full story. See the TSE:3896 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Awa Paper & Technological Co Inc is engaged in manufacturing and selling papers. The company provides air filter media, polyolefin sheets, base papers, cabin filter media, heat radiation sheets and fins, carbon fiber reinforced plastics, ceramic sheets, and cushion papers, as well as graphitic, carbon fiber, activated carbon fiber, and activated carbon.
54GF Score
Get the complete analysis for TSE:3896
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