Nippon Chemi-Con (TSE:6997) Debt-to-EBITDA : 2.35 (As of Mar. 2026) — 58% 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:6997 Nippon Chemi-Con Corp TSE:6997
56 GF Score
Price 円2,691.00
GF Value 円1,190.09
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nippon Chemi-Con Debt-to-EBITDA?

Nippon Chemi-Con TSE:6997 -0.26% 56 Debt-to-EBITDA is 2.35 as of Mar. 2026, which is 58% below its 10-year median of 5.62. GuruFocus rates TSE:6997 with a GF Score™ of 56/100 and a GF Value™ of 円1,190.09 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,818 Hardware companies, Nippon Chemi-Con ranks worse than 83.94% on this metric.

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

Nippon Chemi-Con's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円34,640 Mil. Nippon Chemi-Con's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円35,871 Mil. Nippon Chemi-Con's annualized EBITDA for the quarter that ended in Mar. 2026 was 円30,028 Mil. Nippon Chemi-Con's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.35.

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 Nippon Chemi-Con's Debt-to-EBITDA or its related term are showing as below:

TSE:6997' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -17.15   Med: 5.62   Max: 20.4
Current: 6.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of Nippon Chemi-Con was 20.40. The lowest was -17.15. And the median was 5.62.

TSE:6997's Debt-to-EBITDA is ranked worse than
83.94% of 1818 companies
in the Hardware industry
Industry Median: 1.62 vs TSE:6997: 6.11

Nippon Chemi-Con  (TSE:6997) 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.


Nippon Chemi-Con Debt-to-EBITDA Related Terms


Nippon Chemi-Con Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Nippon Chemi-Con'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.

Nippon Chemi-Con Debt-to-EBITDA Chart

Nippon Chemi-Con 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 -17.15 5.93 -8.29 8.54 6.60

Nippon Chemi-Con 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 104.29 3.79 -9.65 2.35 11.51

TSE:6997 vs APH, GLW, TEL: Debt-to-EBITDA Comparison

For the Electronic Components subindustry, Nippon Chemi-Con'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.


Nippon Chemi-Con Debt-to-EBITDA vs Hardware Industry

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

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


TSE:6997
56GF Score
Nippon Chemi-Con Corp TSE:6997
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Chemi-Con Debt-to-EBITDA Calculation

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

Nippon Chemi-Con'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
=(34640 + 35871) / 10677
=6.60

Nippon Chemi-Con'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
=(34640 + 35871) / 30028
=2.35

* 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 2.35 mean?
Nippon Chemi-Con (TSE:6997) has a Debt-to-EBITDA of 2.35 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 Nippon Chemi-Con. This is 58% below median its historical median of 5.62. According to the industry distribution chart, Nippon Chemi-Con ranks #1526 out of 1818 companies in the Hardware industry, placing it in the top 83.9%.
Is Nippon Chemi-Con's Debt-to-EBITDA too high?
Nippon Chemi-Con's current Debt-to-EBITDA of 2.35 is 58% below median its 10-year median of 5.62. The Hardware industry median Debt-to-EBITDA is 1.62. Nippon Chemi-Con's value of 2.35 is 45.1% above this industry median. Based on the distribution chart, Nippon Chemi-Con ranks #1526 out of 1818 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Nippon Chemi-Con has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Chemi-Con's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Nippon Chemi-Con ranks #1526 out of 1818 companies for Debt-to-EBITDA. This places Nippon Chemi-Con in the lower half of its industry. The industry median Debt-to-EBITDA is 1.62. Nippon Chemi-Con's value of 2.35 is 45.1% above this benchmark. While the company's 10-year median is 5.62 vs. the industry median of 1.62, Nippon Chemi-Con 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 1.62, based on 1,818 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. Nippon Chemi-Con's current Debt-to-EBITDA of 2.35 is 45.1% 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 Nippon Chemi-Con. For the Hardware industry, the median Debt-to-EBITDA is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Chemi-Con's current Debt-to-EBITDA is 2.35, which is 58% below median its own 10-year median of 5.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Chemi-Con stock overvalued right now?
Based on GuruFocus' analysis, Nippon Chemi-Con (TSE:6997) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,190.09, compared to a current price of 円2,691.00 — trading 126.1% above its estimated fair value. The current Debt-to-EBITDA is 2.35, which is 58% below median its 10-year median of 5.62 and 45.1% above the Hardware industry median of 1.62. Nippon Chemi-Con's overall GF Score™ is 56/100 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 Nippon Chemi-Con (TSE:6997), the current Debt-to-EBITDA is 2.35 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 Nippon Chemi-Con (TSE:6997) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Chemi-Con stock appears to be overvalued. The current stock price of 円2,691.00 is trading 126.1% above its estimated GF Value™ of 円1,190.09. GuruFocus considers Nippon Chemi-Con to be Significantly Overvalued.

Key valuation signals for TSE:6997:

  • Debt-to-EBITDA: 2.35 (58% below median its 10-year median of 5.62)
  • GF Value™: 円1,190.09 vs. price of 円2,691.00 (126.1% above fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 45.1% above the Hardware median (#1526 of 1818)

No single metric tells the full story. See the TSE:6997 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Chemi-Con Business Description

Other Exchanges NCZ:Germany
Address 5-6-4, Osaki, Shinagawa-ku, Tokyo, JPN, 141-8605
Nippon Chemi-Con Corp is a Japan-based company, engages in the manufacture and sale of aluminum materials, capacitors, precision mechanical components, and electronics. The company provides the manufacture and sale of aluminum electrolytic capacitors and related products including aluminum foils. It also provides multilayer ceramic capacitors, film capacitors, metal oxide varistors TNR, nanocrystalline/amorphous/dust choke coils, electric double layer capacitors, and electro-mechanical products.
56GF Score

Get the complete analysis for TSE:6997

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

円2,691.00
Price
円1,190.09
GF Value