CMK (TSE:6958) Debt-to-EBITDA : 1.35 (As of Mar. 2026) — 64% Below Median

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TSE:6958 CMK Corp TSE:6958
69 GF Score
Price 円778.00
GF Value 円523.50
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is CMK Debt-to-EBITDA?

CMK TSE:6958 -0.64% 69 Debt-to-EBITDA is 1.35 as of Mar. 2026, which is 64% below its 10-year median of 3.75. GuruFocus rates TSE:6958 with a GF Score™ of 69/100 and a GF Value™ of 円523.50 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,791 Hardware companies, CMK ranks worse than 67.84% on this metric.

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

CMK's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円16,892 Mil. CMK's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円25,342 Mil. CMK's annualized EBITDA for the quarter that ended in Mar. 2026 was 円31,236 Mil. CMK's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.35.

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

TSE:6958' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.24   Med: 3.75   Max: 9.57
Current: 3.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of CMK was 9.57. The lowest was 2.24. And the median was 3.75.

TSE:6958's Debt-to-EBITDA is ranked worse than
67.84% of 1791 companies
in the Hardware industry
Industry Median: 1.71 vs TSE:6958: 3.32

CMK  (TSE:6958) 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.


CMK Debt-to-EBITDA Related Terms


CMK Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CMK'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.

CMK Debt-to-EBITDA Chart

CMK 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 3.73 5.04 3.82 3.74 3.39

CMK Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 28.36 2.01 -12.99 1.35 35.22

TSE:6958 vs APH, GLW, TEL: Debt-to-EBITDA Comparison

For the Electronic Components subindustry, CMK'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.


CMK Debt-to-EBITDA vs Hardware Industry

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

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


TSE:6958
69GF Score
CMK Corp TSE:6958
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CMK Debt-to-EBITDA Calculation

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

CMK'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
=(16892 + 25342) / 12455
=3.39

CMK'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
=(16892 + 25342) / 31236
=1.35

* 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 1.35 mean?
CMK (TSE:6958) has a Debt-to-EBITDA of 1.35 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 CMK. This is 64% below median its historical median of 3.75. Over the past decade, CMK's Debt-to-EBITDA has ranged from 2.24 to 9.57. According to the industry distribution chart, CMK ranks #1215 out of 1791 companies in the Hardware industry, placing it in the top 67.8%.
Is CMK's Debt-to-EBITDA too high?
CMK's current Debt-to-EBITDA of 1.35 is 64% below median its 10-year median of 3.75. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 9.57. The Hardware industry median Debt-to-EBITDA is 1.71. CMK's value of 1.35 is 21.1% below this industry median. Based on the distribution chart, CMK ranks #1215 out of 1791 companies in the Hardware industry, which is below the industry midpoint. Overall, CMK has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CMK's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, CMK ranks #1215 out of 1791 companies for Debt-to-EBITDA. This places CMK in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. CMK's value of 1.35 is 21.1% below this benchmark. Historically, CMK's own Debt-to-EBITDA has ranged from 2.24 to 9.57 over the past decade. While the company's 10-year median is 3.75 vs. the industry median of 1.71, CMK 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 1.71, based on 1,791 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. CMK's current Debt-to-EBITDA of 1.35 is 21.1% 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 CMK. For the Hardware industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMK's current Debt-to-EBITDA is 1.35, which is 64% below median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMK stock overvalued right now?
Based on GuruFocus' analysis, CMK (TSE:6958) is currently considered Significantly Overvalued. The stock's GF Value™ is 円523.50, compared to a current price of 円778.00 — trading 48.6% above its estimated fair value. The current Debt-to-EBITDA is 1.35, which is 64% below median its 10-year median of 3.75 and 21.1% below the Hardware industry median of 1.71. CMK's overall GF Score™ is 69/100 with 7 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 CMK (TSE:6958), the current Debt-to-EBITDA is 1.35 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 CMK (TSE:6958) Overvalued in 2026?

Based on GuruFocus' analysis, CMK stock appears to be overvalued. The current stock price of 円778.00 is trading 48.6% above its estimated GF Value™ of 円523.50. GuruFocus considers CMK to be Significantly Overvalued.

Key valuation signals for TSE:6958:

  • Debt-to-EBITDA: 1.35 (64% below median its 10-year median of 3.75)
  • GF Value™: 円523.50 vs. price of 円778.00 (48.6% above fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 21.1% below the Hardware median (#1215 of 1791)

No single metric tells the full story. See the TSE:6958 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMK Business Description

Address 43F Shinjuku I-Land Tower Building, 6-5-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1388
CMK Corp engages in manufacturing, development, production, and marketing of printed circuit boards and electronic devices for a consumer and industrial use. Its product portfolio includes super fine PPBU, Craft, SEPT series, Zerowarp, CMK automotive printed wiring board, Cu inlay printed wiring board, Rigid Flex Series, ALIVH series, E-Spec environmentally friendly printed wiring boards, IVH multilayer printed wiring boards, through-hole multilayer printed wiring boards, and Double sided through-hole printed wiring boards. Its products are used in automobiles, digital cameras, video cameras, mobile communication devices, and audio-video visual equipments.
69GF Score

Get the complete analysis for TSE:6958

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

円778.00
Price
円523.50
GF Value