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ASAX CoTSE:8772 +8.32%75 Debt-to-EBITDA is 10.90 as of Mar. 2026, which is 12% above its 10-year median of 9.69. GuruFocus rates TSE:8772 with a GF Score™ of 75/100 and a GF Value™ of 円985.57 (Fairly Valued). The stock has 3 warning signs investors should review. Among 33 Banks companies, ASAX Co ranks worse than 57.58% 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 ASAX Co's Debt-to-EBITDA or its related term are showing as below:
TSE:8772'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 7.97 Med: 9.69 Max: 12.68
Current: 11.86
During the past 13 years, the highest Debt-to-EBITDA Ratio of ASAX Co was 12.68. The lowest was 7.97. And the median was 9.69.
TSE:8772's Debt-to-EBITDA is ranked worse than 57.58% of 33
companies
in the Banks industry
Industry Median: 9.18
vs TSE:8772: 11.86
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.
ASAX Co Debt-to-EBITDA Related Terms
ASAX Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for ASAX 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:8772 vs RKT, FNMA, PFSI: Debt-to-EBITDA Comparison
For the Mortgage Finance subindustry, ASAX 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.
ASAX Co Debt-to-EBITDA vs Banks Industry
For the Banks industry and Financial Services sector, ASAX Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where ASAX 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.
ASAX Co (TSE:8772) has a Debt-to-EBITDA of 10.90 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 ASAX Co. This is 12% above median its historical median of 9.69. Over the past decade, ASAX Co's Debt-to-EBITDA has ranged from 7.97 to 12.68. According to the industry distribution chart, ASAX Co ranks #19 out of 33 companies in the Banks industry, placing it in the top 57.6%.
Is ASAX Co's Debt-to-EBITDA too high?
ASAX Co's current Debt-to-EBITDA of 10.90 is 12% above median its 10-year median of 9.69. Over the past 10 years, this metric has ranged from a low of 7.97 to a high of 12.68. The Banks industry median Debt-to-EBITDA is 9.18. ASAX Co's value of 10.90 is 18.7% above this industry median. Based on the distribution chart, ASAX Co ranks #19 out of 33 companies in the Banks industry, which is below the industry midpoint. Overall, ASAX Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ASAX Co's Debt-to-EBITDA compare to RKT and FNMA?
According to the Banks industry distribution chart, ASAX Co ranks #19 out of 33 companies for Debt-to-EBITDA. This places ASAX Co in the lower half of its industry. The industry median Debt-to-EBITDA is 9.18. ASAX Co's value of 10.90 is 18.7% above this benchmark. Historically, ASAX Co's own Debt-to-EBITDA has ranged from 7.97 to 12.68 over the past decade. While the company's 10-year median is 9.69 vs. the industry median of 9.18, ASAX Co 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 Banks company?
The median Debt-to-EBITDA among Banks companies is 9.18, based on 33 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. ASAX Co's current Debt-to-EBITDA of 10.90 is 18.7% 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 ASAX Co. For the Banks industry, the median Debt-to-EBITDA is 9.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASAX Co's current Debt-to-EBITDA is 10.90, which is 12% above median its own 10-year median of 9.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASAX Co stock overvalued right now?
Based on GuruFocus' analysis, ASAX Co (TSE:8772) is currently considered Fairly Valued. The stock's GF Value™ is 円985.57, compared to a current price of 円898.00 — trading 8.9% below its estimated fair value. The current Debt-to-EBITDA is 10.90, which is 12% above median its 10-year median of 9.69 and 18.7% above the Banks industry median of 9.18. ASAX Co's overall GF Score™ is 75/100 with 3 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 ASAX Co (TSE:8772), the current Debt-to-EBITDA is 10.90 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 ASAX Co (TSE:8772) Overvalued in 2026?
Based on GuruFocus' analysis, ASAX Co stock appears to be undervalued.
The current stock price of 円898.00 is trading 8.9% below its estimated GF Value™ of 円985.57.
GuruFocus considers ASAX Co to be Fairly Valued.
Key valuation signals for TSE:8772:
Debt-to-EBITDA: 10.90 (12% above median its 10-year median of 9.69)
GF Value™: 円985.57 vs. price of 円898.00 (8.9% below fair value)
Industry Position: 18.7% above the Banks median (#19 of 33)
No single metric tells the full story. See the TSE:8772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASAX Co Ltd is a real estate secured loan provider. The company provides Real estate secured loans for businesses, Real estate secured loans for individuals, Property sale bridge loan, Real estate purchase/construction loan, and Real Estate agent loans.
75GF Score
Get the complete analysis for TSE:8772
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