I-plug (TSE:4177) Debt-to-EBITDA : 0.14 (As of Mar. 2026) — 85% Below Median

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TSE:4177 I-plug Inc TSE:4177
86 GF Score
Price 円1,510.00
GF Value 円1,740.73
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is I-plug Debt-to-EBITDA?

I-plug TSE:4177 -0.26% 86 Debt-to-EBITDA is 0.14 as of Mar. 2026, which is 85% below its 10-year median of 0.95. GuruFocus rates TSE:4177 with a GF Score™ of 86/100 and a GF Value™ of 円1,740.73 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 835 Business Services companies, I-plug ranks better than 90.42% on this metric.

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

I-plug's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円304 Mil. I-plug's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円0 Mil. I-plug's annualized EBITDA for the quarter that ended in Mar. 2026 was 円2,125 Mil. I-plug's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.14.

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

TSE:4177' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -52.84   Med: 0.95   Max: 9.48
Current: 0.12

During the past 8 years, the highest Debt-to-EBITDA Ratio of I-plug was 9.48. The lowest was -52.84. And the median was 0.95.

TSE:4177's Debt-to-EBITDA is ranked better than
90.42% of 835 companies
in the Business Services industry
Industry Median: 1.67 vs TSE:4177: 0.12

I-plug  (TSE:4177) 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.


I-plug Debt-to-EBITDA Related Terms


I-plug Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for I-plug'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.

I-plug Debt-to-EBITDA Chart

I-plug Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial 1.51 -2.89 -52.84 0.39 0.33

I-plug Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 -0.30 0.22 0.12 0.14 -0.06

TSE:4177 vs RHI, KFY, TNET: Debt-to-EBITDA Comparison

For the Staffing & Employment Services subindustry, I-plug'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.


I-plug Debt-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, I-plug's Debt-to-EBITDA distribution charts can be found below:

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


TSE:4177
86GF Score
I-plug Inc TSE:4177
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

I-plug Debt-to-EBITDA Calculation

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

I-plug'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
=(304.192 + 0) / 930.509
=0.33

I-plug'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
=(304.192 + 0) / 2125.32
=0.14

* 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 0.14 mean?
I-plug (TSE:4177) has a Debt-to-EBITDA of 0.14 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 I-plug. This is 85% below median its historical median of 0.95. According to the industry distribution chart, I-plug ranks #80 out of 835 companies in the Business Services industry, placing it in the top 9.6%.
Is I-plug's Debt-to-EBITDA too high?
I-plug's current Debt-to-EBITDA of 0.14 is 85% below median its 10-year median of 0.95. The Business Services industry median Debt-to-EBITDA is 1.67. I-plug's value of 0.14 is 91.6% below this industry median. Based on the distribution chart, I-plug ranks #80 out of 835 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, I-plug has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does I-plug's Debt-to-EBITDA compare to RHI and KFY?
According to the Business Services industry distribution chart, I-plug ranks #80 out of 835 companies for Debt-to-EBITDA. This places I-plug in the top 10% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.67. I-plug's value of 0.14 is 91.6% below this benchmark. While the company's 10-year median is 0.95 vs. the industry median of 1.67, I-plug 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 Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.67, based on 835 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. I-plug's current Debt-to-EBITDA of 0.14 is 91.6% 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 I-plug. For the Business Services industry, the median Debt-to-EBITDA is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. I-plug's current Debt-to-EBITDA is 0.14, which is 85% below median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I-plug stock overvalued right now?
Based on GuruFocus' analysis, I-plug (TSE:4177) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,740.73, compared to a current price of 円1,510.00 — trading 13.3% below its estimated fair value. The current Debt-to-EBITDA is 0.14, which is 85% below median its 10-year median of 0.95 and 91.6% below the Business Services industry median of 1.67. I-plug's overall GF Score™ is 86/100 with 2 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 I-plug (TSE:4177), the current Debt-to-EBITDA is 0.14 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 I-plug (TSE:4177) Overvalued in 2026?

Based on GuruFocus' analysis, I-plug stock appears to be undervalued. The current stock price of 円1,510.00 is trading 13.3% below its estimated GF Value™ of 円1,740.73. GuruFocus considers I-plug to be Modestly Undervalued.

Key valuation signals for TSE:4177:

  • Debt-to-EBITDA: 0.14 (85% below median its 10-year median of 0.95)
  • GF Value™: 円1,740.73 vs. price of 円1,510.00 (13.3% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 91.6% below the Business Services median (#80 of 835)

No single metric tells the full story. See the TSE:4177 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


I-plug Business Description

Address 5-11-8 Nishinakajima, Yodogawa-ku, Osaka, JPN, 532-0011
I-plug Inc provides a mechanism to expand the human resources who will bear the future and realizes personal growth and corporate development. It is mainly involved in the operation of the new graduate reverse recruitment site "OfferBox" series. The Company operates in a single segment, the HR platform business.
86GF Score

Get the complete analysis for TSE:4177

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

円1,510.00
Price
円1,740.73
GF Value