Yonex Co (TSE:7906) Debt-to-EBITDA : 0.64 (As of Mar. 2026) — 11% 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:7906 Yonex Co Ltd TSE:7906
91 GF Score
Price 円2,587.00
GF Value 円2,930.41
Valuation Modestly Undervalued
View Full Analysis

What is Yonex Co Debt-to-EBITDA?

Yonex Co TSE:7906 +1.05% 91 Debt-to-EBITDA is 0.64 as of Mar. 2026, which is 11% below its 10-year median of 0.72. GuruFocus rates TSE:7906 with a GF Score™ of 91/100 and a GF Value™ of 円2,930.41 (Modestly Undervalued). Among 653 Travel & Leisure companies, Yonex Co ranks better than 75.8% on this metric.

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

Yonex Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円2,078 Mil. Yonex Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円16,120 Mil. Yonex Co's annualized EBITDA for the quarter that ended in Mar. 2026 was 円28,520 Mil. Yonex Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.64.

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

TSE:7906' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.26   Med: 0.72   Max: 1.02
Current: 0.87

During the past 13 years, the highest Debt-to-EBITDA Ratio of Yonex Co was 1.02. The lowest was 0.26. And the median was 0.72.

TSE:7906's Debt-to-EBITDA is ranked better than
75.8% of 653 companies
in the Travel & Leisure industry
Industry Median: 2.45 vs TSE:7906: 0.87

Yonex Co  (TSE:7906) 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.


Yonex Co Debt-to-EBITDA Related Terms


Yonex Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Yonex 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.

Yonex Co Debt-to-EBITDA Chart

Yonex 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 0.26 0.41 0.57 0.61 0.87

Yonex Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.48 0.56 0.85 1.42 0.64

TSE:7906 vs AS, HAS, LTH: Debt-to-EBITDA Comparison

For the Leisure subindustry, Yonex 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.


Yonex Co Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Yonex Co's Debt-to-EBITDA distribution charts can be found below:

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


TSE:7906
91GF Score
Yonex Co Ltd TSE:7906
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yonex Co Debt-to-EBITDA Calculation

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

Yonex 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
=(2078 + 16120) / 20886
=0.87

Yonex 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
=(2078 + 16120) / 28520
=0.64

* 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 0.64 mean?
Yonex Co (TSE:7906) has a Debt-to-EBITDA of 0.64 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 Yonex Co. This is 11% below median its historical median of 0.72. Over the past decade, Yonex Co's Debt-to-EBITDA has ranged from 0.26 to 1.02. According to the industry distribution chart, Yonex Co ranks #158 out of 653 companies in the Travel & Leisure industry, placing it in the top 24.2%.
Is Yonex Co's Debt-to-EBITDA too high?
Yonex Co's current Debt-to-EBITDA of 0.64 is 11% below median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1.02. The Travel & Leisure industry median Debt-to-EBITDA is 2.45. Yonex Co's value of 0.64 is 73.9% below this industry median. Based on the distribution chart, Yonex Co ranks #158 out of 653 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Yonex Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yonex Co's Debt-to-EBITDA compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Yonex Co ranks #158 out of 653 companies for Debt-to-EBITDA. This places Yonex Co in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.45. Yonex Co's value of 0.64 is 73.9% below this benchmark. Historically, Yonex Co's own Debt-to-EBITDA has ranged from 0.26 to 1.02 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 2.45, Yonex 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 Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.45, based on 653 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. Yonex Co's current Debt-to-EBITDA of 0.64 is 73.9% 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 Yonex Co. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yonex Co's current Debt-to-EBITDA is 0.64, which is 11% below median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yonex Co stock overvalued right now?
Based on GuruFocus' analysis, Yonex Co (TSE:7906) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,930.41, compared to a current price of 円2,587.00 — trading 11.7% below its estimated fair value. The current Debt-to-EBITDA is 0.64, which is 11% below median its 10-year median of 0.72 and 73.9% below the Travel & Leisure industry median of 2.45. Yonex Co's overall GF Score™ is 91/100. 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 Yonex Co (TSE:7906), the current Debt-to-EBITDA is 0.64 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 Yonex Co (TSE:7906) Overvalued in 2026?

Based on GuruFocus' analysis, Yonex Co stock appears to be undervalued. The current stock price of 円2,587.00 is trading 11.7% below its estimated GF Value™ of 円2,930.41. GuruFocus considers Yonex Co to be Modestly Undervalued.

Key valuation signals for TSE:7906:

  • Debt-to-EBITDA: 0.64 (11% below median its 10-year median of 0.72)
  • GF Value™: 円2,930.41 vs. price of 円2,587.00 (11.7% below fair value)
  • GF Score™: 91/100
  • Industry Position: 73.9% below the Travel & Leisure median (#158 of 653)

No single metric tells the full story. See the TSE:7906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yonex Co Business Description

Other Exchanges YONXF:USA
Address 3-23-13 Yushima, Bunkyo-ku, Tokyo, JPN, 113-8543
Yonex Co Ltd is a Japan based company engaged in manufacture and sale of sporting goods and golf course management. It produces Badminton Equipment, Tennis, Soft Tennis Equipment, and Golf Equipment. The Badminton Equipment includes Racquets, shuttlecocks, strings, apparel, shoes, bags, etc.; The Tennis, Soft Tennis Equipment includes Racquets, strings, apparel, shoes, bags, balls, etc. and Golf Equipment includes Woods, irons, putters, shafts, apparel, shoes, bags, accessories, etc. It has four geographical segments Japan, North America, Europe, and Asia.
91GF Score

Get the complete analysis for TSE:7906

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

円2,587.00
Price
円2,930.41
GF Value