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.
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.
SPARX Group CoTSE:8739 -0.13%91 Debt-to-EBITDA is 0.74 as of Mar. 2026, which is 46% below its 10-year median of 1.36. GuruFocus rates TSE:8739 with a GF Score™ of 91/100 and a GF Value™ of 円2,012.66 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 386 Asset Management companies, SPARX Group Co ranks better than 57.51% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 SPARX Group Co's Debt-to-EBITDA or its related term are showing as below:
TSE:8739'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.77 Med: 1.36 Max: 2.1
Current: 1
During the past 13 years, the highest Debt-to-EBITDA Ratio of SPARX Group Co was 2.10. The lowest was 0.77. And the median was 1.36.
TSE:8739's Debt-to-EBITDA is ranked better than 57.51% of 386
companies
in the Asset Management industry
Industry Median: 1.43
vs TSE:8739: 1.00
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.
SPARX Group Co Debt-to-EBITDA Related Terms
SPARX Group Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for SPARX Group 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.
TSE:8739 vs BLK, BX, KKR: Debt-to-EBITDA Comparison
For the Asset Management subindustry, SPARX Group 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.
SPARX Group Co Debt-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, SPARX Group Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where SPARX Group Co's Debt-to-EBITDA falls into.
* 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.
SPARX Group Co (TSE:8739) has a Debt-to-EBITDA of 0.74 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 SPARX Group Co. This is 46% below median its historical median of 1.36. Over the past decade, SPARX Group Co's Debt-to-EBITDA has ranged from 0.77 to 2.10. According to the industry distribution chart, SPARX Group Co ranks #164 out of 386 companies in the Asset Management industry, placing it in the top 42.5%.
Is SPARX Group Co's Debt-to-EBITDA too high?
SPARX Group Co's current Debt-to-EBITDA of 0.74 is 46% below median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 2.10. The Asset Management industry median Debt-to-EBITDA is 1.43. SPARX Group Co's value of 0.74 is 48.3% below this industry median. Based on the distribution chart, SPARX Group Co ranks #164 out of 386 companies in the Asset Management industry, which is above the industry midpoint. Overall, SPARX Group Co has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPARX Group Co's Debt-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, SPARX Group Co ranks #164 out of 386 companies for Debt-to-EBITDA. This puts SPARX Group Co in the upper half of its industry. The industry median Debt-to-EBITDA is 1.43. SPARX Group Co's value of 0.74 is 48.3% below this benchmark. Historically, SPARX Group Co's own Debt-to-EBITDA has ranged from 0.77 to 2.10 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.43, SPARX Group 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 an Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.43, based on 386 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. SPARX Group Co's current Debt-to-EBITDA of 0.74 is 48.3% 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 SPARX Group Co. For the Asset Management industry, the median Debt-to-EBITDA is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPARX Group Co's current Debt-to-EBITDA is 0.74, which is 46% below median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPARX Group Co stock overvalued right now?
Based on GuruFocus' analysis, SPARX Group Co (TSE:8739) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,012.66, compared to a current price of 円2,255.00 — trading 12% above its estimated fair value. The current Debt-to-EBITDA is 0.74, which is 46% below median its 10-year median of 1.36 and 48.3% below the Asset Management industry median of 1.43. SPARX Group Co's overall GF Score™ is 91/100 with 5 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 SPARX Group Co (TSE:8739), the current Debt-to-EBITDA is 0.74 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 SPARX Group Co (TSE:8739) Overvalued in 2026?
Based on GuruFocus' analysis, SPARX Group Co stock appears to be overvalued.
The current stock price of 円2,255.00 is trading 12% above its estimated GF Value™ of 円2,012.66.
GuruFocus considers SPARX Group Co to be Modestly Overvalued.
Key valuation signals for TSE:8739:
Debt-to-EBITDA: 0.74 (46% below median its 10-year median of 1.36)
GF Value™: 円2,012.66 vs. price of 円2,255.00 (12% above fair value)
Industry Position: 48.3% below the Asset Management median (#164 of 386)
No single metric tells the full story. See the TSE:8739 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPARX Group Co Ltd is a Japan-based holding company engaged in the Asset Management Business and Investment Advisory Business, through its subsidiaries. It operates a variety of investment strategies through a host of entities. The group invests on behalf of corporate pension annuities, government entities, private and trust banks, and public pension funds. Strategies include Japanese equity, Asia ex-Japan alternatives, and Korean strategies. In addition to mutual fund offerings, the company offers advisory services to customers in Japan. Mutual fund offerings are offered directly or through brokerage houses, banks, and other intermediaries globally.
91GF Score
Get the complete analysis for TSE:8739
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:8739 has been successfully added to your 
