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Nakayama Steel WorksTSE:5408 +0.31%63 Debt-to-EBITDA is 0.54 as of Mar. 2026, which is 56% below its 10-year median of 1.24. GuruFocus rates TSE:5408 with a GF Score™ of 63/100 and a GF Value™ of 円616.95 (Fairly Valued). The stock has 4 warning signs investors should review. Among 497 Steel companies, Nakayama Steel Works ranks better than 75.45% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Nakayama Steel Works's Debt-to-EBITDA or its related term are showing as below:
TSE:5408'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.62 Med: 1.24 Max: 1.74
Current: 1.05
During the past 13 years, the highest Debt-to-EBITDA Ratio of Nakayama Steel Works was 1.74. The lowest was 0.62. And the median was 1.24.
TSE:5408's Debt-to-EBITDA is ranked better than 75.45% of 497
companies
in the Steel industry
Industry Median: 2.74
vs TSE:5408: 1.05
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.
Nakayama Steel Works Debt-to-EBITDA Related Terms
Nakayama Steel Works Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Nakayama Steel Works'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:5408 vs NUE, STLD, RS: Debt-to-EBITDA Comparison
For the Steel subindustry, Nakayama Steel Works'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.
Nakayama Steel Works Debt-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, Nakayama Steel Works's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Nakayama Steel Works'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 four times the quarterly (Mar. 2026) EBITDA data.
Nakayama Steel Works (TSE:5408) has a Debt-to-EBITDA of 0.54 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 Nakayama Steel Works. This is 56% below median its historical median of 1.24. Over the past decade, Nakayama Steel Works' Debt-to-EBITDA has ranged from 0.62 to 1.74. According to the industry distribution chart, Nakayama Steel Works ranks #122 out of 497 companies in the Steel industry, placing it in the top 24.5%.
Is Nakayama Steel Works' Debt-to-EBITDA too high?
Nakayama Steel Works' current Debt-to-EBITDA of 0.54 is 56% below median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.74. The Steel industry median Debt-to-EBITDA is 2.74. Nakayama Steel Works' value of 0.54 is 80.3% below this industry median. Based on the distribution chart, Nakayama Steel Works ranks #122 out of 497 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Nakayama Steel Works has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nakayama Steel Works' Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Nakayama Steel Works ranks #122 out of 497 companies for Debt-to-EBITDA. This places Nakayama Steel Works in the top 25% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.74. Nakayama Steel Works' value of 0.54 is 80.3% below this benchmark. Historically, Nakayama Steel Works' own Debt-to-EBITDA has ranged from 0.62 to 1.74 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 2.74, Nakayama Steel Works 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.74, based on 497 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. Nakayama Steel Works's current Debt-to-EBITDA of 0.54 is 80.3% 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 Nakayama Steel Works. For the Steel industry, the median Debt-to-EBITDA is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nakayama Steel Works's current Debt-to-EBITDA is 0.54, which is 56% below median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nakayama Steel Works stock overvalued right now?
Based on GuruFocus' analysis, Nakayama Steel Works (TSE:5408) is currently considered Fairly Valued. The stock's GF Value™ is 円616.95, compared to a current price of 円641.00 — trading 3.9% above its estimated fair value. The current Debt-to-EBITDA is 0.54, which is 56% below median its 10-year median of 1.24 and 80.3% below the Steel industry median of 2.74. Nakayama Steel Works' overall GF Score™ is 63/100 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 Nakayama Steel Works (TSE:5408), the current Debt-to-EBITDA is 0.54 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 Nakayama Steel Works (TSE:5408) Overvalued in 2026?
Based on GuruFocus' analysis, Nakayama Steel Works stock appears to be overvalued.
The current stock price of 円641.00 is trading 3.9% above its estimated GF Value™ of 円616.95.
GuruFocus considers Nakayama Steel Works to be Fairly Valued.
Key valuation signals for TSE:5408:
Debt-to-EBITDA: 0.54 (56% below median its 10-year median of 1.24)
GF Value™: 円616.95 vs. price of 円641.00 (3.9% above fair value)
Industry Position: 80.3% below the Steel median (#122 of 497)
No single metric tells the full story. See the TSE:5408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nakayama Steel Works Ltd is a Japan-based company. The company operates in Steel, Engineering, and Real estate business. Its Steel business includes manufacturing and sale of steel products including coil products, steel sheets, bars and wire products. The company is also engaged in real estate buying, leasing and selling.
63GF Score
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