Hokuriku Electric Industry Co (TSE:6989) Debt-to-EBITDA : 1.41 (As of Mar. 2026) — 68% Below Median

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TSE:6989 Hokuriku Electric Industry Co Ltd TSE:6989
69 GF Score
Price 円2,500.00
GF Value 円1,574.95
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Hokuriku Electric Industry Co Debt-to-EBITDA?

Hokuriku Electric Industry Co TSE:6989 -0.28% 69 Debt-to-EBITDA is 1.41 as of Mar. 2026, which is 68% below its 10-year median of 4.43. GuruFocus rates TSE:6989 with a GF Score™ of 69/100 and a GF Value™ of 円1,574.95 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,793 Hardware companies, Hokuriku Electric Industry Co ranks worse than 57.67% on this metric.

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

Hokuriku Electric Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円4,111 Mil. Hokuriku Electric Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円5,251 Mil. Hokuriku Electric Industry Co's annualized EBITDA for the quarter that ended in Mar. 2026 was 円6,652 Mil. Hokuriku Electric Industry Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.41.

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 Hokuriku Electric Industry Co's Debt-to-EBITDA or its related term are showing as below:

TSE:6989' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.3   Med: 4.43   Max: 5.65
Current: 2.39

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hokuriku Electric Industry Co was 5.65. The lowest was 2.30. And the median was 4.43.

TSE:6989's Debt-to-EBITDA is ranked worse than
57.67% of 1793 companies
in the Hardware industry
Industry Median: 1.7 vs TSE:6989: 2.39

Hokuriku Electric Industry Co  (TSE:6989) 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.


Hokuriku Electric Industry Co Debt-to-EBITDA Related Terms


Hokuriku Electric Industry Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Hokuriku Electric Industry 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.

Hokuriku Electric Industry Co Debt-to-EBITDA Chart

Hokuriku Electric Industry Co 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 2.75 4.26 2.33 2.30 2.32

Hokuriku Electric Industry Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 3.79 1.34 6.38 1.41 4.92

TSE:6989 vs APH, GLW, TEL: Debt-to-EBITDA Comparison

For the Electronic Components subindustry, Hokuriku Electric Industry 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.


Hokuriku Electric Industry Co Debt-to-EBITDA vs Hardware Industry

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

* The bar in red indicates where Hokuriku Electric Industry Co's Debt-to-EBITDA falls into.


TSE:6989
69GF Score
Hokuriku Electric Industry Co Ltd TSE:6989
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokuriku Electric Industry Co Debt-to-EBITDA Calculation

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

Hokuriku Electric Industry Co'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
=(4111 + 5251) / 4040
=2.32

Hokuriku Electric Industry Co'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
=(4111 + 5251) / 6652
=1.41

* 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 1.41 mean?
Hokuriku Electric Industry Co (TSE:6989) has a Debt-to-EBITDA of 1.41 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 Hokuriku Electric Industry Co. This is 68% below median its historical median of 4.43. Over the past decade, Hokuriku Electric Industry Co's Debt-to-EBITDA has ranged from 2.30 to 5.65. According to the industry distribution chart, Hokuriku Electric Industry Co ranks #1034 out of 1793 companies in the Hardware industry, placing it in the top 57.7%.
Is Hokuriku Electric Industry Co's Debt-to-EBITDA too high?
Hokuriku Electric Industry Co's current Debt-to-EBITDA of 1.41 is 68% below median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 5.65. The Hardware industry median Debt-to-EBITDA is 1.70. Hokuriku Electric Industry Co's value of 1.41 is 17.1% below this industry median. Based on the distribution chart, Hokuriku Electric Industry Co ranks #1034 out of 1793 companies in the Hardware industry, which is below the industry midpoint. Overall, Hokuriku Electric Industry Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Electric Industry Co's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Hokuriku Electric Industry Co ranks #1034 out of 1793 companies for Debt-to-EBITDA. This places Hokuriku Electric Industry Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.70. Hokuriku Electric Industry Co's value of 1.41 is 17.1% below this benchmark. Historically, Hokuriku Electric Industry Co's own Debt-to-EBITDA has ranged from 2.30 to 5.65 over the past decade. While the company's 10-year median is 4.43 vs. the industry median of 1.70, Hokuriku Electric Industry 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.70, based on 1,793 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. Hokuriku Electric Industry Co's current Debt-to-EBITDA of 1.41 is 17.1% 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 Hokuriku Electric Industry Co. For the Hardware industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuriku Electric Industry Co's current Debt-to-EBITDA is 1.41, which is 68% below median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Electric Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Electric Industry Co (TSE:6989) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,574.95, compared to a current price of 円2,500.00 — trading 58.7% above its estimated fair value. The current Debt-to-EBITDA is 1.41, which is 68% below median its 10-year median of 4.43 and 17.1% below the Hardware industry median of 1.70. Hokuriku Electric Industry Co's overall GF Score™ is 69/100 with 1 warning sign 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 Hokuriku Electric Industry Co (TSE:6989), the current Debt-to-EBITDA is 1.41 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 Hokuriku Electric Industry Co (TSE:6989) Overvalued in 2026?

Based on GuruFocus' analysis, Hokuriku Electric Industry Co stock appears to be overvalued. The current stock price of 円2,500.00 is trading 58.7% above its estimated GF Value™ of 円1,574.95. GuruFocus considers Hokuriku Electric Industry Co to be Significantly Overvalued.

Key valuation signals for TSE:6989:

  • Debt-to-EBITDA: 1.41 (68% below median its 10-year median of 4.43)
  • GF Value™: 円1,574.95 vs. price of 円2,500.00 (58.7% above fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 17.1% below the Hardware median (#1034 of 1793)

No single metric tells the full story. See the TSE:6989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokuriku Electric Industry Co Business Description

Address 3158 Shimo-okubo, Toyama, JPN, 939-2292
Hokuriku Electric Industry Co Ltd operates in development, manufacturing and sales of electronic components such as Resistors, Sensors, Modules Printed Circuit Boards, Piezoelectric Buzzers, Tactile Switches, Thermistors and Varistors.
69GF Score

Get the complete analysis for TSE:6989

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

円2,500.00
Price
円1,574.95
GF Value