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NirecoTSE:6863 +1.30%87 Debt-to-EBITDA is 0.20 as of Mar. 2026, which is at its 10-year median of 0.20. GuruFocus rates TSE:6863 with a GF Score™ of 87/100 and a GF Value™ of 円627.50 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,803 Hardware companies, Nireco ranks better than 83.69% 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 Nireco's Debt-to-EBITDA or its related term are showing as below:
TSE:6863'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.04 Med: 0.2 Max: 1.25
Current: 0.24
During the past 13 years, the highest Debt-to-EBITDA Ratio of Nireco was 1.25. The lowest was 0.04. And the median was 0.20.
TSE:6863's Debt-to-EBITDA is ranked better than 83.69% of 1803
companies
in the Hardware industry
Industry Median: 1.63
vs TSE:6863: 0.24
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.
Nireco Debt-to-EBITDA Related Terms
Nireco Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Nireco'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:6863 vs COHR, KEYS, GRMN: Debt-to-EBITDA Comparison
For the Scientific & Technical Instruments subindustry, Nireco'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.
Nireco Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Nireco's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Nireco'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.
Nireco (TSE:6863) has a Debt-to-EBITDA of 0.20 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 Nireco. This is near median its historical median of 0.20. Over the past decade, Nireco's Debt-to-EBITDA has ranged from 0.04 to 1.25. According to the industry distribution chart, Nireco ranks #294 out of 1803 companies in the Hardware industry, placing it in the top 16.3%.
Is Nireco's Debt-to-EBITDA too high?
Nireco's current Debt-to-EBITDA of 0.20 is near median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 1.25. The Hardware industry median Debt-to-EBITDA is 1.63. Nireco's value of 0.20 is 87.7% below this industry median. Based on the distribution chart, Nireco ranks #294 out of 1803 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Nireco has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nireco's Debt-to-EBITDA compare to COHR and KEYS?
According to the Hardware industry distribution chart, Nireco ranks #294 out of 1803 companies for Debt-to-EBITDA. This places Nireco in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.63. Nireco's value of 0.20 is 87.7% below this benchmark. Historically, Nireco's own Debt-to-EBITDA has ranged from 0.04 to 1.25 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 1.63, Nireco 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.63, based on 1,803 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. Nireco's current Debt-to-EBITDA of 0.20 is 87.7% 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 Nireco. For the Hardware industry, the median Debt-to-EBITDA is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nireco's current Debt-to-EBITDA is 0.20, which is near median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nireco stock overvalued right now?
Based on GuruFocus' analysis, Nireco (TSE:6863) is currently considered Significantly Overvalued. The stock's GF Value™ is 円627.50, compared to a current price of 円935.00 — trading 49% above its estimated fair value. The current Debt-to-EBITDA is 0.20, which is near median its 10-year median of 0.20 and 87.7% below the Hardware industry median of 1.63. Nireco's overall GF Score™ is 87/100 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 Nireco (TSE:6863), the current Debt-to-EBITDA is 0.20 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 Nireco (TSE:6863) Overvalued in 2026?
Based on GuruFocus' analysis, Nireco stock appears to be overvalued.
The current stock price of 円935.00 is trading 49% above its estimated GF Value™ of 円627.50.
GuruFocus considers Nireco to be Significantly Overvalued.
Key valuation signals for TSE:6863:
Debt-to-EBITDA: 0.20 (near median its 10-year median of 0.20)
GF Value™: 円627.50 vs. price of 円935.00 (49% above fair value)
Industry Position: 87.7% below the Hardware median (#294 of 1803)
No single metric tells the full story. See the TSE:6863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nireco Corp is engaged in the development, manufacture and sale of control, measurement and inspection equipment for a wide range of industries, from steel and chemicals to food and printing. Its reportable segments include: Process business; Web business; Inspection machine business; and Optics business.
87GF Score
Get the complete analysis for TSE:6863
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