Eiken Chemical Co (TSE:4549) Debt-to-EBITDA : 0.69 (As of Mar. 2026) — 123% Above Median

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TSE:4549 Eiken Chemical Co Ltd TSE:4549
81 GF Score
Price 円2,294.00
GF Value 円2,492.32
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Eiken Chemical Co Debt-to-EBITDA?

Eiken Chemical Co TSE:4549 -0.91% 81 Debt-to-EBITDA is 0.69 as of Mar. 2026, which is 123% above its 10-year median of 0.31. GuruFocus rates TSE:4549 with a GF Score™ of 81/100 and a GF Value™ of 円2,492.32 (Fairly Valued). The stock has 4 warning signs investors should review. Among 473 Medical Devices & Instruments companies, Eiken Chemical Co ranks better than 63% on this metric.

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

Eiken Chemical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円3,711 Mil. Eiken Chemical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円3,580 Mil. Eiken Chemical Co's annualized EBITDA for the quarter that ended in Mar. 2026 was 円10,616 Mil. Eiken Chemical Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.69.

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 Eiken Chemical Co's Debt-to-EBITDA or its related term are showing as below:

TSE:4549' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.14   Med: 0.31   Max: 0.99
Current: 0.81

During the past 13 years, the highest Debt-to-EBITDA Ratio of Eiken Chemical Co was 0.99. The lowest was 0.14. And the median was 0.31.

TSE:4549's Debt-to-EBITDA is ranked better than
63% of 473 companies
in the Medical Devices & Instruments industry
Industry Median: 1.62 vs TSE:4549: 0.81

Eiken Chemical Co  (TSE:4549) 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.


Eiken Chemical Co Debt-to-EBITDA Related Terms


Eiken Chemical Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Eiken Chemical Co'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.

Eiken Chemical Co Debt-to-EBITDA Chart

Eiken Chemical Co 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 0.40 0.44 0.74 0.80 0.99

Eiken Chemical Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 1.32 0.18 -7.50 0.69 2.23

TSE:4549 vs ABT, SYK, MDT: Debt-to-EBITDA Comparison

For the Medical Devices subindustry, Eiken Chemical Co'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.


Eiken Chemical Co Debt-to-EBITDA vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Eiken Chemical Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Eiken Chemical Co's Debt-to-EBITDA falls into.


TSE:4549
81GF Score
Eiken Chemical Co Ltd TSE:4549
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eiken Chemical Co Debt-to-EBITDA Calculation

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

Eiken Chemical Co'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
=(3711 + 3580) / 7399
=0.99

Eiken Chemical Co'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
=(3711 + 3580) / 10616
=0.69

* 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 0.69 mean?
Eiken Chemical Co (TSE:4549) has a Debt-to-EBITDA of 0.69 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 Eiken Chemical Co. This is 123% above median its historical median of 0.31. Over the past decade, Eiken Chemical Co's Debt-to-EBITDA has ranged from 0.14 to 0.99. According to the industry distribution chart, Eiken Chemical Co ranks #175 out of 473 companies in the Medical Devices & Instruments industry, placing it in the top 37%.
Is Eiken Chemical Co's Debt-to-EBITDA too high?
Eiken Chemical Co's current Debt-to-EBITDA of 0.69 is 123% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.99. The Medical Devices & Instruments industry median Debt-to-EBITDA is 1.62. Eiken Chemical Co's value of 0.69 is 57.4% below this industry median. Based on the distribution chart, Eiken Chemical Co ranks #175 out of 473 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Eiken Chemical Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eiken Chemical Co's Debt-to-EBITDA compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Eiken Chemical Co ranks #175 out of 473 companies for Debt-to-EBITDA. This puts Eiken Chemical Co in the upper half of its industry. The industry median Debt-to-EBITDA is 1.62. Eiken Chemical Co's value of 0.69 is 57.4% below this benchmark. Historically, Eiken Chemical Co's own Debt-to-EBITDA has ranged from 0.14 to 0.99 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 1.62, Eiken Chemical Co 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 Medical Devices & Instruments company?
The median Debt-to-EBITDA among Medical Devices & Instruments companies is 1.62, based on 473 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. Eiken Chemical Co's current Debt-to-EBITDA of 0.69 is 57.4% 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 Eiken Chemical Co. For the Medical Devices & Instruments industry, the median Debt-to-EBITDA is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eiken Chemical Co's current Debt-to-EBITDA is 0.69, which is 123% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eiken Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Eiken Chemical Co (TSE:4549) is currently considered Fairly Valued. The stock's GF Value™ is 円2,492.32, compared to a current price of 円2,294.00 — trading 8% below its estimated fair value. The current Debt-to-EBITDA is 0.69, which is 123% above median its 10-year median of 0.31 and 57.4% below the Medical Devices & Instruments industry median of 1.62. Eiken Chemical Co's overall GF Score™ is 81/100 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 Eiken Chemical Co (TSE:4549), the current Debt-to-EBITDA is 0.69 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 Eiken Chemical Co (TSE:4549) Overvalued in 2026?

Based on GuruFocus' analysis, Eiken Chemical Co stock appears to be undervalued. The current stock price of 円2,294.00 is trading 8% below its estimated GF Value™ of 円2,492.32. GuruFocus considers Eiken Chemical Co to be Fairly Valued.

Key valuation signals for TSE:4549:

  • Debt-to-EBITDA: 0.69 (123% above median its 10-year median of 0.31)
  • GF Value™: 円2,492.32 vs. price of 円2,294.00 (8% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 57.4% below the Medical Devices & Instruments median (#175 of 473)

No single metric tells the full story. See the TSE:4549 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eiken Chemical Co Business Description

Address 4-19-9 Taito, Taito-ku, Tokyo, JPN, 110-8408
Eiken Chemical Co Ltd is a Japan-based company. It manufactures and sells clinical diagnostics and equipment. The company is engaged in processing, manufacture, purchase and sale of test agents, property and casualty insurance agency business. It as a general manufacturer of clinical diagnostics offers a wide range of in vitro diagnostic aids for all fields of medicine. Its major products include the Fecal immunochemical test, Molecular Genetics (LAMP), Microbiology, among many others.
81GF Score

Get the complete analysis for TSE:4549

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

円2,294.00
Price
円2,492.32
GF Value