Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 Vario Secure's Debt-to-EBITDA or its related term are showing as below:
TSE:4494'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.98 Med: 2.8 Max: 4.09
Current: 1.98
During the past 9 years, the highest Debt-to-EBITDA Ratio of Vario Secure was 4.09. The lowest was 1.98. And the median was 2.80.
TSE:4494's Debt-to-EBITDA is ranked worse than 66.34% of 1723
companies
in the Software industry
Industry Median: 0.98
vs TSE:4494: 1.98
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.
Vario Secure Debt-to-EBITDA Related Terms
Vario Secure Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Vario Secure'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:4494 vs MSFT, ORCL, PLTR: Debt-to-EBITDA Comparison
For the Software - Infrastructure subindustry, Vario Secure'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.
Vario Secure Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Vario Secure's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Vario Secure'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 two times the quarterly (Feb. 2026) EBITDA data.
Vario Secure (TSE:4494) has a Debt-to-EBITDA of -39.69 as of Feb. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Vario Secure. Over the past decade, Vario Secure's Debt-to-EBITDA has ranged from 1.98 to 4.09. According to the industry distribution chart, Vario Secure ranks #1143 out of 1723 companies in the Software industry, placing it in the top 66.3%.
Is Vario Secure's Debt-to-EBITDA too high?
Vario Secure's current Debt-to-EBITDA is -39.69. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 4.09. Based on the distribution chart, Vario Secure ranks #1143 out of 1723 companies in the Software industry, which is below the industry midpoint. Overall, Vario Secure has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Vario Secure's Debt-to-EBITDA compare to MSFT and ORCL?
According to the Software industry distribution chart, Vario Secure ranks #1143 out of 1723 companies for Debt-to-EBITDA. This places Vario Secure in the lower half of its industry. The industry median Debt-to-EBITDA is 0.98. Historically, Vario Secure's own Debt-to-EBITDA has ranged from 1.98 to 4.09 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 Software company?
The median Debt-to-EBITDA among Software companies is 0.98, based on 1,723 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 Vario Secure. For the Software industry, the median Debt-to-EBITDA is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vario Secure's current Debt-to-EBITDA is -39.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vario Secure stock overvalued right now?
Vario Secure (TSE:4494) has a current Debt-to-EBITDA of -39.69. The stock's GF Value™ is 円760.08, compared to a current price of 円680.00 — trading 10.5% below its estimated fair value. The current Debt-to-EBITDA is -39.69. Vario Secure's overall GF Score™ is 50/100 with 5 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 Vario Secure (TSE:4494), the current Debt-to-EBITDA is -39.69 as of Feb. 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 Vario Secure (TSE:4494) Overvalued in 2026?
Based on GuruFocus' analysis, Vario Secure stock appears to be undervalued.
The current stock price of 円680.00 is trading 10.5% below its estimated GF Value™ of 円760.08.
Key valuation signals for TSE:4494:
Debt-to-EBITDA: -39.69
GF Value™: 円760.08 vs. price of 円680.00 (10.5% below fair value)
No single metric tells the full story. See the TSE:4494 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vario Secure Inc is engaged in providing internet security services that protect the network environment of enterprises from various threats arising from internet usage, by utilizing its in-house developed security instruments and operating system. The company provides one-stop security services, from installation and implementation to operation, monitoring, and support, for small and medium-sized enterprises that struggle to spare dedicated personnel for IT issues, which are becoming increasingly sophisticated and complicated daily. The Company operates in a single segment, the Internet security services business.
50GF Score
Get the complete analysis for TSE:4494
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:4494 has been successfully added to your 
