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ShowcaseTSE:3909 -3.08%54 Debt-to-EBITDA is 0.15 as of Mar. 2026, which is 97% below its 10-year median of 4.43. GuruFocus rates TSE:3909 with a GF Score™ of 54/100 and a GF Value™ of 円238.11 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,727 Software companies, Showcase ranks better than 54.95% 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 Showcase's Debt-to-EBITDA or its related term are showing as below:
TSE:3909'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.69 Med: 4.43 Max: 502.33
Current: 0.81
During the past 13 years, the highest Debt-to-EBITDA Ratio of Showcase was 502.33. The lowest was -3.69. And the median was 4.43.
TSE:3909's Debt-to-EBITDA is ranked better than 54.95% of 1727
companies
in the Software industry
Industry Median: 1
vs TSE:3909: 0.81
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.
Showcase Debt-to-EBITDA Related Terms
Showcase Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Showcase'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:3909 vs QH, SHOP, UBER: Debt-to-EBITDA Comparison
For the Software - Application subindustry, Showcase'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.
Showcase Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Showcase's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Showcase'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.
Showcase (TSE:3909) has a Debt-to-EBITDA of 0.15 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 Showcase. This is 97% below median its historical median of 4.43. According to the industry distribution chart, Showcase ranks #778 out of 1727 companies in the Software industry, placing it in the top 45%.
Is Showcase's Debt-to-EBITDA too high?
Showcase's current Debt-to-EBITDA of 0.15 is 97% below median its 10-year median of 4.43. The Software industry median Debt-to-EBITDA is 1.00. Showcase's value of 0.15 is 85% below this industry median. Based on the distribution chart, Showcase ranks #778 out of 1727 companies in the Software industry, which is above the industry midpoint. Overall, Showcase has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Showcase's Debt-to-EBITDA compare to QH and SHOP?
According to the Software industry distribution chart, Showcase ranks #778 out of 1727 companies for Debt-to-EBITDA. This puts Showcase in the upper half of its industry. The industry median Debt-to-EBITDA is 1.00. Showcase's value of 0.15 is 85% below this benchmark. While the company's 10-year median is 4.43 vs. the industry median of 1.00, Showcase 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.00, based on 1,727 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. Showcase's current Debt-to-EBITDA of 0.15 is 85% 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 Showcase. For the Software industry, the median Debt-to-EBITDA is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Showcase's current Debt-to-EBITDA is 0.15, which is 97% below median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showcase stock overvalued right now?
Based on GuruFocus' analysis, Showcase (TSE:3909) is currently considered Modestly Undervalued. The stock's GF Value™ is 円238.11, compared to a current price of 円189.00 — trading 20.6% below its estimated fair value. The current Debt-to-EBITDA is 0.15, which is 97% below median its 10-year median of 4.43 and 85% below the Software industry median of 1.00. Showcase's overall GF Score™ is 54/100 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 Showcase (TSE:3909), the current Debt-to-EBITDA is 0.15 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 Showcase (TSE:3909) Overvalued in 2026?
Based on GuruFocus' analysis, Showcase stock appears to be undervalued.
The current stock price of 円189.00 is trading 20.6% below its estimated GF Value™ of 円238.11.
GuruFocus considers Showcase to be Modestly Undervalued.
Key valuation signals for TSE:3909:
Debt-to-EBITDA: 0.15 (97% below median its 10-year median of 4.43)
GF Value™: 円238.11 vs. price of 円189.00 (20.6% below fair value)
Industry Position: 85% below the Software median (#778 of 1727)
No single metric tells the full story. See the TSE:3909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Showcase Inc is engaged in web marketing services. Its operations are carried out through the following business segments: DX Cloud Business, Advertising and Media Business, Investment-related Business, and Information and Communications-related Business. The DX Cloud Business is engaged in the SaaS business. The Advertising and Media Business operates owned media and affiliate advertising. The Investment-related business provides SmartPitch, an online matching platform by Showcase Capital Inc., connecting startups with operating companies, VCs, and CVCs, while also supporting startup growth and fundraising for listed companies. The Information and Communications Related Business is engaged in the sale of used smartphones.
54GF Score
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