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Nikko CoTSE:6306 +0.10%88 Debt-to-EBITDA is 1.30 as of Mar. 2026, which is 34% above its 10-year median of 0.97. GuruFocus rates TSE:6306 with a GF Score™ of 88/100 and a GF Value™ of 円850.84 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 175 Farm & Heavy Construction Machinery companies, Nikko Co ranks worse than 51.43% 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 Nikko Co's Debt-to-EBITDA or its related term are showing as below:
TSE:6306'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.58 Med: 0.97 Max: 3.18
Current: 1.7
During the past 13 years, the highest Debt-to-EBITDA Ratio of Nikko Co was 3.18. The lowest was 0.58. And the median was 0.97.
TSE:6306's Debt-to-EBITDA is ranked worse than 51.43% of 175
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.69
vs TSE:6306: 1.70
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.
Nikko Co Debt-to-EBITDA Related Terms
Nikko Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Nikko 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.
TSE:6306 vs CAT, DE, PCAR: Debt-to-EBITDA Comparison
For the Farm & Heavy Construction Machinery subindustry, Nikko 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.
Nikko Co Debt-to-EBITDA vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Nikko Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Nikko Co'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 two times the quarterly (Mar. 2026) EBITDA data.
Nikko Co (TSE:6306) has a Debt-to-EBITDA of 1.30 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 Nikko Co. This is 34% above median its historical median of 0.97. Over the past decade, Nikko Co's Debt-to-EBITDA has ranged from 0.58 to 3.18. According to the industry distribution chart, Nikko Co ranks #90 out of 175 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 51.4%.
Is Nikko Co's Debt-to-EBITDA too high?
Nikko Co's current Debt-to-EBITDA of 1.30 is 34% above median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 3.18. The Farm & Heavy Construction Machinery industry median Debt-to-EBITDA is 1.69. Nikko Co's value of 1.30 is 23.1% below this industry median. Based on the distribution chart, Nikko Co ranks #90 out of 175 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Nikko Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikko Co's Debt-to-EBITDA compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Nikko Co ranks #90 out of 175 companies for Debt-to-EBITDA. This places Nikko Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.69. Nikko Co's value of 1.30 is 23.1% below this benchmark. Historically, Nikko Co's own Debt-to-EBITDA has ranged from 0.58 to 3.18 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 1.69, Nikko 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 Farm & Heavy Construction Machinery company?
The median Debt-to-EBITDA among Farm & Heavy Construction Machinery companies is 1.69, based on 175 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. Nikko Co's current Debt-to-EBITDA of 1.30 is 23.1% 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 Nikko Co. For the Farm & Heavy Construction Machinery 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. Nikko Co's current Debt-to-EBITDA is 1.30, which is 34% above median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikko Co stock overvalued right now?
Based on GuruFocus' analysis, Nikko Co (TSE:6306) is currently considered Modestly Overvalued. The stock's GF Value™ is 円850.84, compared to a current price of 円1,035.00 — trading 21.6% above its estimated fair value. The current Debt-to-EBITDA is 1.30, which is 34% above median its 10-year median of 0.97 and 23.1% below the Farm & Heavy Construction Machinery industry median of 1.69. Nikko Co's overall GF Score™ is 88/100 with 9 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 Nikko Co (TSE:6306), the current Debt-to-EBITDA is 1.30 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 Nikko Co (TSE:6306) Overvalued in 2026?
Based on GuruFocus' analysis, Nikko Co stock appears to be overvalued.
The current stock price of 円1,035.00 is trading 21.6% above its estimated GF Value™ of 円850.84.
GuruFocus considers Nikko Co to be Modestly Overvalued.
Key valuation signals for TSE:6306:
Debt-to-EBITDA: 1.30 (34% above median its 10-year median of 0.97)
GF Value™: 円850.84 vs. price of 円1,035.00 (21.6% above fair value)
Industry Position: 23.1% below the Farm & Heavy Construction Machinery median (#90 of 175)
No single metric tells the full story. See the TSE:6306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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