Minato Holdings (TSE:6862) Debt-to-EBITDA : 2.44 (As of Mar. 2026) — 66% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:6862 Minato Holdings Inc TSE:6862
76 GF Score
Price 円3,520.00
GF Value 円1,540.83
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Minato Holdings Debt-to-EBITDA?

Minato Holdings TSE:6862 +6.67% 76 Debt-to-EBITDA is 2.44 as of Mar. 2026, which is 66% below its 10-year median of 7.22. GuruFocus rates TSE:6862 with a GF Score™ of 76/100 and a GF Value™ of 円1,540.83 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,806 Hardware companies, Minato Holdings ranks worse than 60.35% on this metric.

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

Minato Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円14,148 Mil. Minato Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円2,724 Mil. Minato Holdings's annualized EBITDA for the quarter that ended in Mar. 2026 was 円6,919 Mil. Minato Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.44.

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 Minato Holdings's Debt-to-EBITDA or its related term are showing as below:

TSE:6862' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.45   Med: 7.22   Max: 17.26
Current: 2.45

During the past 13 years, the highest Debt-to-EBITDA Ratio of Minato Holdings was 17.26. The lowest was 2.45. And the median was 7.22.

TSE:6862's Debt-to-EBITDA is ranked worse than
60.35% of 1806 companies
in the Hardware industry
Industry Median: 1.69 vs TSE:6862: 2.45

Minato Holdings  (TSE:6862) 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.


Minato Holdings Debt-to-EBITDA Related Terms


Minato Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Minato Holdings'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.

Minato Holdings Debt-to-EBITDA Chart

Minato Holdings 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 6.90 5.97 2.87 6.63 4.08

Minato Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 23.36 3.09 2.23 2.44 1.12

TSE:6862 vs DELL, ANET, SNDK: Debt-to-EBITDA Comparison

For the Computer Hardware subindustry, Minato Holdings'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.


Minato Holdings Debt-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, Minato Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Minato Holdings's Debt-to-EBITDA falls into.


TSE:6862
76GF Score
Minato Holdings Inc TSE:6862
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minato Holdings Debt-to-EBITDA Calculation

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

Minato Holdings'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
=(14147.596 + 2724.469) / 4140.26
=4.08

Minato Holdings'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
=(14147.596 + 2724.469) / 6919.288
=2.44

* 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 2.44 mean?
Minato Holdings (TSE:6862) has a Debt-to-EBITDA of 2.44 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 Minato Holdings. This is 66% below median its historical median of 7.22. Over the past decade, Minato Holdings' Debt-to-EBITDA has ranged from 2.45 to 17.26. According to the industry distribution chart, Minato Holdings ranks #1090 out of 1806 companies in the Hardware industry, placing it in the top 60.4%.
Is Minato Holdings' Debt-to-EBITDA too high?
Minato Holdings' current Debt-to-EBITDA of 2.44 is 66% below median its 10-year median of 7.22. Over the past 10 years, this metric has ranged from a low of 2.45 to a high of 17.26. The Hardware industry median Debt-to-EBITDA is 1.69. Minato Holdings' value of 2.44 is 44.4% above this industry median. Based on the distribution chart, Minato Holdings ranks #1090 out of 1806 companies in the Hardware industry, which is below the industry midpoint. Overall, Minato Holdings has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Minato Holdings' Debt-to-EBITDA compare to DELL and ANET?
According to the Hardware industry distribution chart, Minato Holdings ranks #1090 out of 1806 companies for Debt-to-EBITDA. This places Minato Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 1.69. Minato Holdings' value of 2.44 is 44.4% above this benchmark. Historically, Minato Holdings' own Debt-to-EBITDA has ranged from 2.45 to 17.26 over the past decade. While the company's 10-year median is 7.22 vs. the industry median of 1.69, Minato Holdings has consistently been above 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.69, based on 1,806 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. Minato Holdings's current Debt-to-EBITDA of 2.44 is 44.4% above 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 Minato Holdings. For the Hardware 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. Minato Holdings's current Debt-to-EBITDA is 2.44, which is 66% below median its own 10-year median of 7.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minato Holdings stock overvalued right now?
Based on GuruFocus' analysis, Minato Holdings (TSE:6862) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,540.83, compared to a current price of 円3,520.00 — trading 128.4% above its estimated fair value. The current Debt-to-EBITDA is 2.44, which is 66% below median its 10-year median of 7.22 and 44.4% above the Hardware industry median of 1.69. Minato Holdings' overall GF Score™ is 76/100 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 Minato Holdings (TSE:6862), the current Debt-to-EBITDA is 2.44 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 Minato Holdings (TSE:6862) Overvalued in 2026?

Based on GuruFocus' analysis, Minato Holdings stock appears to be overvalued. The current stock price of 円3,520.00 is trading 128.4% above its estimated GF Value™ of 円1,540.83. GuruFocus considers Minato Holdings to be Significantly Overvalued.

Key valuation signals for TSE:6862:

  • Debt-to-EBITDA: 2.44 (66% below median its 10-year median of 7.22)
  • GF Value™: 円1,540.83 vs. price of 円3,520.00 (128.4% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 44.4% above the Hardware median (#1090 of 1806)

No single metric tells the full story. See the TSE:6862 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Minato Holdings Business Description

Address 4-21-3 Shimbashi, 6th Flooe, Shimbashi Tokyu Building, Minato-ku, Kanagawa, JPN, 105-0004
Minato Holdings Inc is a Japan-based company engaged in four core business segments: Digital Devices, Digital Engineering, ICT Products, and Others. The Digital Devices segment includes the manufacturing and sale of industrial-use memory modules like DIMMs, as well as eMMC, eMCP, and mobile accessories. The Digital Engineering segment covers device programming, digital signage systems, and software and hardware development, including OEM and ODM services. The ICT Products segment handles the sale and maintenance of digital AV equipment and PCs. The Others segment includes investments in domestic ventures and solar power projects.
76GF Score

Get the complete analysis for TSE:6862

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

円3,520.00
Price
円1,540.83
GF Value