Futaba (TSE:6986) Debt-to-EBITDA : 0.05 (As of Mar. 2026) — 38% 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:6986 Futaba Corp TSE:6986
48 GF Score
Price 円666.00
GF Value 円395.01
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Futaba Debt-to-EBITDA?

Futaba TSE:6986 +1.99% 48 Debt-to-EBITDA is 0.05 as of Mar. 2026, which is 38% below its 10-year median of 0.08. GuruFocus rates TSE:6986 with a GF Score™ of 48/100 and a GF Value™ of 円395.01 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,791 Hardware companies, Futaba ranks better than 87.49% on this metric.

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

Futaba's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円163 Mil. Futaba's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円340 Mil. Futaba's annualized EBITDA for the quarter that ended in Mar. 2026 was 円10,756 Mil. Futaba's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.05.

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

TSE:6986' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.47   Med: 0.08   Max: 13.57
Current: 0.16

During the past 13 years, the highest Debt-to-EBITDA Ratio of Futaba was 13.57. The lowest was -6.47. And the median was 0.08.

TSE:6986's Debt-to-EBITDA is ranked better than
87.49% of 1791 companies
in the Hardware industry
Industry Median: 1.71 vs TSE:6986: 0.16

Futaba  (TSE:6986) 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.


Futaba Debt-to-EBITDA Related Terms


Futaba Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Futaba'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.

Futaba Debt-to-EBITDA Chart

Futaba 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 -6.47 -0.80 13.57 0.36 0.13

Futaba 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 -0.05 0.05 0.00 0.05 0.00

TSE:6986 vs APH, GLW, TEL: Debt-to-EBITDA Comparison

For the Electronic Components subindustry, Futaba'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.


Futaba Debt-to-EBITDA vs Hardware Industry

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

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


TSE:6986
48GF Score
Futaba Corp TSE:6986
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Futaba Debt-to-EBITDA Calculation

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

Futaba'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
=(163 + 340) / 3997
=0.13

Futaba'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
=(163 + 340) / 10756
=0.05

* 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 0.05 mean?
Futaba (TSE:6986) has a Debt-to-EBITDA of 0.05 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 Futaba. This is 38% below median its historical median of 0.08. According to the industry distribution chart, Futaba ranks #224 out of 1791 companies in the Hardware industry, placing it in the top 12.5%.
Is Futaba's Debt-to-EBITDA too high?
Futaba's current Debt-to-EBITDA of 0.05 is 38% below median its 10-year median of 0.08. The Hardware industry median Debt-to-EBITDA is 1.71. Futaba's value of 0.05 is 97.1% below this industry median. Based on the distribution chart, Futaba ranks #224 out of 1791 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Futaba has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Futaba's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Futaba ranks #224 out of 1791 companies for Debt-to-EBITDA. This places Futaba in the top 13% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.71. Futaba's value of 0.05 is 97.1% below this benchmark. While the company's 10-year median is 0.08 vs. the industry median of 1.71, Futaba 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. Futaba's current Debt-to-EBITDA of 0.05 is 97.1% 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 Futaba. 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. Futaba's current Debt-to-EBITDA is 0.05, which is 38% below median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Futaba stock overvalued right now?
Based on GuruFocus' analysis, Futaba (TSE:6986) is currently considered Significantly Overvalued. The stock's GF Value™ is 円395.01, compared to a current price of 円666.00 — trading 68.6% above its estimated fair value. The current Debt-to-EBITDA is 0.05, which is 38% below median its 10-year median of 0.08 and 97.1% below the Hardware industry median of 1.71. Futaba's overall GF Score™ is 48/100 with 2 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 Futaba (TSE:6986), the current Debt-to-EBITDA is 0.05 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 Futaba (TSE:6986) Overvalued in 2026?

Based on GuruFocus' analysis, Futaba stock appears to be overvalued. The current stock price of 円666.00 is trading 68.6% above its estimated GF Value™ of 円395.01. GuruFocus considers Futaba to be Significantly Overvalued.

Key valuation signals for TSE:6986:

  • Debt-to-EBITDA: 0.05 (38% below median its 10-year median of 0.08)
  • GF Value™: 円395.01 vs. price of 円666.00 (68.6% above fair value)
  • GF Score™: 48/100 with 2 warning signs
  • Industry Position: 97.1% below the Hardware median (#224 of 1791)

No single metric tells the full story. See the TSE:6986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Futaba Business Description

Address 629 Oshiba, Chiba Prefecture, Mobara, JPN, 297-8588
Futaba Corp manufactures and sells vacuum fluorescent display for home, automotive and industrial applications mainly in Asia and rests from Japan, America, and Europe. The company operates in two business segments. The Electronic Devices segment which consists of Vaccum Fluorescent Displays(VFDs), VFD modules, Organic Light- Emitting Diode(OLEDs) and touch panels. The Machinery and Tooling segment which consists of the press die set components, mold-base components, precision plates and equipment for automation.
48GF Score

Get the complete analysis for TSE:6986

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

円666.00
Price
円395.01
GF Value