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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 Value Golf's Debt-to-EBITDA or its related term are showing as below:
TSE:3931'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.79 Med: 5.62 Max: 25.04
Current: 23.51
During the past 12 years, the highest Debt-to-EBITDA Ratio of Value Golf was 25.04. The lowest was 2.79. And the median was 5.62.
TSE:3931's Debt-to-EBITDA is ranked worse than 96.37% of 689
companies
in the Media - Diversified industry
Industry Median: 1.6
vs TSE:3931: 23.51
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.
Value Golf Debt-to-EBITDA Related Terms
Value Golf Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Value Golf'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.
For the Publishing subindustry, Value Golf'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.
Value Golf Debt-to-EBITDA vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Value Golf's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Value Golf'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 (Jan. 2026) EBITDA data.
Value Golf (TSE:3931) has a Debt-to-EBITDA of -8.10 as of Jan. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Value Golf. Over the past decade, Value Golf's Debt-to-EBITDA has ranged from 2.79 to 25.04. According to the industry distribution chart, Value Golf ranks #664 out of 689 companies in the Media - Diversified industry, placing it in the top 96.4%.
Is Value Golf's Debt-to-EBITDA too high?
Value Golf's current Debt-to-EBITDA is -8.10. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 25.04. Based on the distribution chart, Value Golf ranks #664 out of 689 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Value Golf has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Value Golf's Debt-to-EBITDA compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Value Golf ranks #664 out of 689 companies for Debt-to-EBITDA. This places Value Golf in the lower half of its industry. The industry median Debt-to-EBITDA is 1.60. Historically, Value Golf's own Debt-to-EBITDA has ranged from 2.79 to 25.04 over the past decade. 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 Media - Diversified company?
The median Debt-to-EBITDA among Media - Diversified companies is 1.60, based on 689 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 Value Golf. For the Media - Diversified industry, the median Debt-to-EBITDA is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Value Golf's current Debt-to-EBITDA is -8.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Value Golf stock overvalued right now?
Based on GuruFocus' analysis, Value Golf (TSE:3931) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,280.72, compared to a current price of 円1,523.00 — trading 18.9% above its estimated fair value. The current Debt-to-EBITDA is -8.10. Value Golf's overall GF Score™ is 53/100 with 7 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 Value Golf (TSE:3931), the current Debt-to-EBITDA is -8.10 as of Jan. 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 Value Golf (TSE:3931) Overvalued in 2026?
Based on GuruFocus' analysis, Value Golf stock appears to be overvalued.
The current stock price of 円1,523.00 is trading 18.9% above its estimated GF Value™ of 円1,280.72.
GuruFocus considers Value Golf to be Modestly Overvalued.
Key valuation signals for TSE:3931:
Debt-to-EBITDA: -8.10
GF Value™: 円1,280.72 vs. price of 円1,523.00 (18.9% above fair value)
No single metric tells the full story. See the TSE:3931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Value Golf Inc is engaged in the management of golf-related media, issues Golf magazines, and manages WEB services, develops systems and provides ASP services related to golf. It offers value service in both real and WEB. It also has advertisement media production business and medical business which include publication, service management for medical institutions.
53GF Score
Get the complete analysis for TSE:3931
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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