Dai Nippon Toryo Co (TSE:4611) Debt-to-EBITDA : 1.33 (As of Mar. 2026) — 77% Above Median

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TSE:4611 Dai Nippon Toryo Co Ltd TSE:4611
73 GF Score
Price 円1,589.00
GF Value 円1,523.50
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Dai Nippon Toryo Co Debt-to-EBITDA?

Dai Nippon Toryo Co TSE:4611 +1.92% 73 Debt-to-EBITDA is 1.33 as of Mar. 2026, which is 77% above its 10-year median of 0.75. GuruFocus rates TSE:4611 with a GF Score™ of 73/100 and a GF Value™ of 円1,523.50 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,264 Chemicals companies, Dai Nippon Toryo Co ranks worse than 52.61% on this metric.

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

Dai Nippon Toryo Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円8,794 Mil. Dai Nippon Toryo Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円6,337 Mil. Dai Nippon Toryo Co's annualized EBITDA for the quarter that ended in Mar. 2026 was 円11,352 Mil. Dai Nippon Toryo Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.33.

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 Dai Nippon Toryo Co's Debt-to-EBITDA or its related term are showing as below:

TSE:4611' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.33   Med: 0.75   Max: 2.24
Current: 2.19

During the past 13 years, the highest Debt-to-EBITDA Ratio of Dai Nippon Toryo Co was 2.24. The lowest was 0.33. And the median was 0.75.

TSE:4611's Debt-to-EBITDA is ranked worse than
52.61% of 1264 companies
in the Chemicals industry
Industry Median: 1.97 vs TSE:4611: 2.19

Dai Nippon Toryo Co  (TSE:4611) 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.


Dai Nippon Toryo Co Debt-to-EBITDA Related Terms


Dai Nippon Toryo Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Dai Nippon Toryo 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.

Dai Nippon Toryo Co Debt-to-EBITDA Chart

Dai Nippon Toryo 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 0.89 0.84 0.63 0.85 2.24

Dai Nippon Toryo 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 4.08 1.05 -10.58 1.33 2.30

TSE:4611 vs LIN, SHW, ECL: Debt-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Dai Nippon Toryo 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.


Dai Nippon Toryo Co Debt-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dai Nippon Toryo Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Dai Nippon Toryo Co's Debt-to-EBITDA falls into.


TSE:4611
73GF Score
Dai Nippon Toryo Co Ltd TSE:4611
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dai Nippon Toryo Co Debt-to-EBITDA Calculation

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

Dai Nippon Toryo 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
=(8794 + 6337) / 6747
=2.24

Dai Nippon Toryo 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
=(8794 + 6337) / 11352
=1.33

* 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 1.33 mean?
Dai Nippon Toryo Co (TSE:4611) has a Debt-to-EBITDA of 1.33 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 Dai Nippon Toryo Co. This is 77% above median its historical median of 0.75. Over the past decade, Dai Nippon Toryo Co's Debt-to-EBITDA has ranged from 0.33 to 2.24. According to the industry distribution chart, Dai Nippon Toryo Co ranks #665 out of 1264 companies in the Chemicals industry, placing it in the top 52.6%.
Is Dai Nippon Toryo Co's Debt-to-EBITDA too high?
Dai Nippon Toryo Co's current Debt-to-EBITDA of 1.33 is 77% above median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.24. The Chemicals industry median Debt-to-EBITDA is 1.97. Dai Nippon Toryo Co's value of 1.33 is 32.5% below this industry median. Based on the distribution chart, Dai Nippon Toryo Co ranks #665 out of 1264 companies in the Chemicals industry, which is below the industry midpoint. Overall, Dai Nippon Toryo Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dai Nippon Toryo Co's Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Dai Nippon Toryo Co ranks #665 out of 1264 companies for Debt-to-EBITDA. This places Dai Nippon Toryo Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.97. Dai Nippon Toryo Co's value of 1.33 is 32.5% below this benchmark. Historically, Dai Nippon Toryo Co's own Debt-to-EBITDA has ranged from 0.33 to 2.24 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.97, Dai Nippon Toryo 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 Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 1.97, based on 1,264 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. Dai Nippon Toryo Co's current Debt-to-EBITDA of 1.33 is 32.5% 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 Dai Nippon Toryo Co. For the Chemicals industry, the median Debt-to-EBITDA is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dai Nippon Toryo Co's current Debt-to-EBITDA is 1.33, which is 77% above median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dai Nippon Toryo Co stock overvalued right now?
Based on GuruFocus' analysis, Dai Nippon Toryo Co (TSE:4611) is currently considered Fairly Valued. The stock's GF Value™ is 円1,523.50, compared to a current price of 円1,589.00 — trading 4.3% above its estimated fair value. The current Debt-to-EBITDA is 1.33, which is 77% above median its 10-year median of 0.75 and 32.5% below the Chemicals industry median of 1.97. Dai Nippon Toryo Co's overall GF Score™ is 73/100 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 Dai Nippon Toryo Co (TSE:4611), the current Debt-to-EBITDA is 1.33 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 Dai Nippon Toryo Co (TSE:4611) Overvalued in 2026?

Based on GuruFocus' analysis, Dai Nippon Toryo Co stock appears to be overvalued. The current stock price of 円1,589.00 is trading 4.3% above its estimated GF Value™ of 円1,523.50. GuruFocus considers Dai Nippon Toryo Co to be Fairly Valued.

Key valuation signals for TSE:4611:

  • Debt-to-EBITDA: 1.33 (77% above median its 10-year median of 0.75)
  • GF Value™: 円1,523.50 vs. price of 円1,589.00 (4.3% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 32.5% below the Chemicals median (#665 of 1264)

No single metric tells the full story. See the TSE:4611 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dai Nippon Toryo Co Business Description

Other Exchanges DAIYF:USA
Address 1-124, Nishikujo 6-chome, Konohana-ku, Osaka, JPN, 554-0012
Dai Nippon Toryo Co Ltd is a Japan-based company engaged in the production and sales of coatings and jet inks. Its product lines include protective, decorative, automobile, and industrial. Products offered by the company include anticorrosive coatings, water-based coatings, and coatings for industrial use. Protective coatings are used in the steel frames of buildings, bridges, industrial plants, and concrete structures. Decorative coatings are used for the interiors, exteriors, and roofs of residential buildings. Automobile coatings are used in automotive components, such as bumpers, door mirrors, and other interior and exterior components. Industrial coatings are designed for applications, such as curtain walls, aluminum sashes, steel furniture, agricultural and construction machinery.
73GF Score

Get the complete analysis for TSE:4611

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

円1,589.00
Price
円1,523.50
GF Value