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.
Nichia Steel WorksTSE:5658 -0.74%65 Debt-to-EBITDA is 0.31 as of Mar. 2026, which is 81% below its 10-year median of 1.64. GuruFocus rates TSE:5658 with a GF Score™ of 65/100 and a GF Value™ of 円327.06 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,333 Industrial Products companies, Nichia Steel Works ranks better than 69.44% 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 Nichia Steel Works's Debt-to-EBITDA or its related term are showing as below:
TSE:5658'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.77 Med: 1.64 Max: 3.27
Current: 0.77
During the past 13 years, the highest Debt-to-EBITDA Ratio of Nichia Steel Works was 3.27. The lowest was 0.77. And the median was 1.64.
TSE:5658's Debt-to-EBITDA is ranked better than 69.44% of 2333
companies
in the Industrial Products industry
Industry Median: 1.69
vs TSE:5658: 0.77
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.
Nichia Steel Works Debt-to-EBITDA Related Terms
Nichia Steel Works Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Nichia 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:5658 vs SNA, RBC, LECO: Debt-to-EBITDA Comparison
For the Tools & Accessories subindustry, Nichia 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.
Nichia Steel Works Debt-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nichia Steel Works's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Nichia 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.
Nichia Steel Works (TSE:5658) has a Debt-to-EBITDA of 0.31 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 Nichia Steel Works. This is 81% below median its historical median of 1.64. Over the past decade, Nichia Steel Works' Debt-to-EBITDA has ranged from 0.77 to 3.27. According to the industry distribution chart, Nichia Steel Works ranks #713 out of 2333 companies in the Industrial Products industry, placing it in the top 30.6%.
Is Nichia Steel Works' Debt-to-EBITDA too high?
Nichia Steel Works' current Debt-to-EBITDA of 0.31 is 81% below median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 3.27. The Industrial Products industry median Debt-to-EBITDA is 1.69. Nichia Steel Works' value of 0.31 is 81.7% below this industry median. Based on the distribution chart, Nichia Steel Works ranks #713 out of 2333 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nichia Steel Works has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nichia Steel Works' Debt-to-EBITDA compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Nichia Steel Works ranks #713 out of 2333 companies for Debt-to-EBITDA. This puts Nichia Steel Works in the upper half of its industry. The industry median Debt-to-EBITDA is 1.69. Nichia Steel Works' value of 0.31 is 81.7% below this benchmark. Historically, Nichia Steel Works' own Debt-to-EBITDA has ranged from 0.77 to 3.27 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 1.69, Nichia 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.69, based on 2,333 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. Nichia Steel Works's current Debt-to-EBITDA of 0.31 is 81.7% 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 Nichia Steel Works. For the Industrial Products industry, the median Debt-to-EBITDA is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichia Steel Works's current Debt-to-EBITDA is 0.31, which is 81% below median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichia Steel Works stock overvalued right now?
Based on GuruFocus' analysis, Nichia Steel Works (TSE:5658) is currently considered Modestly Overvalued. The stock's GF Value™ is 円327.06, compared to a current price of 円404.00 — trading 23.5% above its estimated fair value. The current Debt-to-EBITDA is 0.31, which is 81% below median its 10-year median of 1.64 and 81.7% below the Industrial Products industry median of 1.69. Nichia Steel Works' overall GF Score™ is 65/100 with 6 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 Nichia Steel Works (TSE:5658), the current Debt-to-EBITDA is 0.31 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 Nichia Steel Works (TSE:5658) Overvalued in 2026?
Based on GuruFocus' analysis, Nichia Steel Works stock appears to be overvalued.
The current stock price of 円404.00 is trading 23.5% above its estimated GF Value™ of 円327.06.
GuruFocus considers Nichia Steel Works to be Modestly Overvalued.
Key valuation signals for TSE:5658:
Debt-to-EBITDA: 0.31 (81% below median its 10-year median of 1.64)
GF Value™: 円327.06 vs. price of 円404.00 (23.5% above fair value)
Industry Position: 81.7% below the Industrial Products median (#713 of 2333)
No single metric tells the full story. See the TSE:5658 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nichia Steel Works Ltd is a manufacturer of steel wire products, fasteners and related products. The products are used in various fields such as construction and civil infrastructure. It offers low carbon steel wire products, hard drawn steel wire products, fasteners & special products and other special finished products.
65GF Score
Get the complete analysis for TSE:5658
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:5658 has been successfully added to your 
