Fuso Pharmaceutical Industries (TSE:4538) Debt-to-EBITDA : 2.50 (As of Mar. 2026) — 32% Below Median

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TSE:4538 Fuso Pharmaceutical Industries Ltd TSE:4538
58 GF Score
Price 円2,303.00
GF Value 円2,585.85
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Fuso Pharmaceutical Industries Debt-to-EBITDA?

Fuso Pharmaceutical Industries TSE:4538 -0.39% 58 Debt-to-EBITDA is 2.50 as of Mar. 2026, which is 32% below its 10-year median of 3.70. GuruFocus rates TSE:4538 with a GF Score™ of 58/100 and a GF Value™ of 円2,585.85 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 685 Drug Manufacturers companies, Fuso Pharmaceutical Industries ranks worse than 79.27% on this metric.

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

Fuso Pharmaceutical Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円26,604 Mil. Fuso Pharmaceutical Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円1,858 Mil. Fuso Pharmaceutical Industries's annualized EBITDA for the quarter that ended in Mar. 2026 was 円11,408 Mil. Fuso Pharmaceutical Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.49.

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 Fuso Pharmaceutical Industries's Debt-to-EBITDA or its related term are showing as below:

TSE:4538' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.67   Med: 3.7   Max: 5.29
Current: 4.63

During the past 13 years, the highest Debt-to-EBITDA Ratio of Fuso Pharmaceutical Industries was 5.29. The lowest was -8.67. And the median was 3.70.

TSE:4538's Debt-to-EBITDA is ranked worse than
79.27% of 685 companies
in the Drug Manufacturers industry
Industry Median: 1.58 vs TSE:4538: 4.63

Fuso Pharmaceutical Industries  (TSE:4538) 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.


Fuso Pharmaceutical Industries Debt-to-EBITDA Related Terms


Fuso Pharmaceutical Industries Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Fuso Pharmaceutical Industries'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.

Fuso Pharmaceutical Industries Debt-to-EBITDA Chart

Fuso Pharmaceutical Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.60 2.60 3.26 -8.67 5.29

Fuso Pharmaceutical Industries 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 9.84 3.60 -619.19 2.50 6.48

TSE:4538 vs ZTS: Debt-to-EBITDA Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Fuso Pharmaceutical Industries'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.


Fuso Pharmaceutical Industries Debt-to-EBITDA vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Fuso Pharmaceutical Industries's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Fuso Pharmaceutical Industries's Debt-to-EBITDA falls into.


TSE:4538
58GF Score
Fuso Pharmaceutical Industries Ltd TSE:4538
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuso Pharmaceutical Industries Debt-to-EBITDA Calculation

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

Fuso Pharmaceutical Industries'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
=(26604 + 1858) / 5384
=5.29

Fuso Pharmaceutical Industries'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
=(26604 + 1858) / 11408
=2.49

* 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 2.50 mean?
Fuso Pharmaceutical Industries (TSE:4538) has a Debt-to-EBITDA of 2.50 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 Fuso Pharmaceutical Industries. This is 32% below median its historical median of 3.70. According to the industry distribution chart, Fuso Pharmaceutical Industries ranks #543 out of 685 companies in the Drug Manufacturers industry, placing it in the top 79.3%.
Is Fuso Pharmaceutical Industries' Debt-to-EBITDA too high?
Fuso Pharmaceutical Industries' current Debt-to-EBITDA of 2.50 is 32% below median its 10-year median of 3.70. The Drug Manufacturers industry median Debt-to-EBITDA is 1.58. Fuso Pharmaceutical Industries' value of 2.50 is 58.2% above this industry median. Based on the distribution chart, Fuso Pharmaceutical Industries ranks #543 out of 685 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Fuso Pharmaceutical Industries has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fuso Pharmaceutical Industries' Debt-to-EBITDA compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Fuso Pharmaceutical Industries ranks #543 out of 685 companies for Debt-to-EBITDA. This places Fuso Pharmaceutical Industries in the lower half of its industry. The industry median Debt-to-EBITDA is 1.58. Fuso Pharmaceutical Industries' value of 2.50 is 58.2% above this benchmark. While the company's 10-year median is 3.70 vs. the industry median of 1.58, Fuso Pharmaceutical Industries has consistently been above 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 Drug Manufacturers company?
The median Debt-to-EBITDA among Drug Manufacturers companies is 1.58, based on 685 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. Fuso Pharmaceutical Industries's current Debt-to-EBITDA of 2.50 is 58.2% above 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 Fuso Pharmaceutical Industries. For the Drug Manufacturers industry, the median Debt-to-EBITDA is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuso Pharmaceutical Industries's current Debt-to-EBITDA is 2.50, which is 32% below median its own 10-year median of 3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuso Pharmaceutical Industries stock overvalued right now?
Based on GuruFocus' analysis, Fuso Pharmaceutical Industries (TSE:4538) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,585.85, compared to a current price of 円2,303.00 — trading 10.9% below its estimated fair value. The current Debt-to-EBITDA is 2.50, which is 32% below median its 10-year median of 3.70 and 58.2% above the Drug Manufacturers industry median of 1.58. Fuso Pharmaceutical Industries' overall GF Score™ is 58/100 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 Fuso Pharmaceutical Industries (TSE:4538), the current Debt-to-EBITDA is 2.50 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 Fuso Pharmaceutical Industries (TSE:4538) Overvalued in 2026?

Based on GuruFocus' analysis, Fuso Pharmaceutical Industries stock appears to be undervalued. The current stock price of 円2,303.00 is trading 10.9% below its estimated GF Value™ of 円2,585.85. GuruFocus considers Fuso Pharmaceutical Industries to be Modestly Undervalued.

Key valuation signals for TSE:4538:

  • Debt-to-EBITDA: 2.50 (32% below median its 10-year median of 3.70)
  • GF Value™: 円2,585.85 vs. price of 円2,303.00 (10.9% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 58.2% above the Drug Manufacturers median (#543 of 685)

No single metric tells the full story. See the TSE:4538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuso Pharmaceutical Industries Business Description

Address No. 10, No. 7-chome Doshomachi, Chuo-ku, OsaKa, JPN, 541-0045
Fuso Pharmaceutical Industries Ltd. is engaged in the manufacture and sale of pharmaceuticals and medical equipment. The company's main products are transfusion fluid and artificial kidney dialysis fluid. Company also includes real estate segment.
58GF Score

Get the complete analysis for TSE:4538

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

円2,303.00
Price
円2,585.85
GF Value