Fuji (TSE:8860) Debt-to-EBITDA : 10.47 (As of Mar. 2026) — Near Median

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TSE:8860 Fuji Corp Ltd TSE:8860
68 GF Score
Price 円756.00
GF Value 円886.38
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Fuji Debt-to-EBITDA?

Fuji TSE:8860 -0.13% 68 Debt-to-EBITDA is 10.47 as of Mar. 2026, which is 9% below its 10-year median of 11.52. GuruFocus rates TSE:8860 with a GF Score™ of 68/100 and a GF Value™ of 円886.38 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,267 Real Estate companies, Fuji ranks worse than 79.32% on this metric.

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

Fuji's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円38,908 Mil. Fuji's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円75,408 Mil. Fuji's annualized EBITDA for the quarter that ended in Mar. 2026 was 円10,916 Mil. Fuji's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 10.47.

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

TSE:8860' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 10.67   Med: 11.52   Max: 16.84
Current: 12.29

During the past 13 years, the highest Debt-to-EBITDA Ratio of Fuji was 16.84. The lowest was 10.67. And the median was 11.52.

TSE:8860's Debt-to-EBITDA is ranked worse than
79.32% of 1267 companies
in the Real Estate industry
Industry Median: 5.5 vs TSE:8860: 12.29

Fuji  (TSE:8860) 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.


Fuji Debt-to-EBITDA Related Terms


Fuji Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Fuji'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.

Fuji Debt-to-EBITDA Chart

Fuji 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 11.51 11.53 10.89 11.27 11.31

Fuji Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 9.44 8.88 19.39 10.47 12.64

TSE:8860 vs CBRE, BEKE, JLL: Debt-to-EBITDA Comparison

For the Real Estate Services subindustry, Fuji'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.


Fuji Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fuji's Debt-to-EBITDA distribution charts can be found below:

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


TSE:8860
68GF Score
Fuji Corp Ltd TSE:8860
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuji Debt-to-EBITDA Calculation

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

Fuji'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
=(38907.903 + 75408.236) / 10105.593
=11.31

Fuji'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
=(38907.903 + 75408.236) / 10915.784
=10.47

* 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 10.47 mean?
Fuji (TSE:8860) has a Debt-to-EBITDA of 10.47 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 Fuji. This is near median its historical median of 11.52. Over the past decade, Fuji's Debt-to-EBITDA has ranged from 10.67 to 16.84. According to the industry distribution chart, Fuji ranks #1005 out of 1267 companies in the Real Estate industry, placing it in the top 79.3%.
Is Fuji's Debt-to-EBITDA too high?
Fuji's current Debt-to-EBITDA of 10.47 is near median its 10-year median of 11.52. Over the past 10 years, this metric has ranged from a low of 10.67 to a high of 16.84. The Real Estate industry median Debt-to-EBITDA is 5.50. Fuji's value of 10.47 is 90.4% above this industry median. Based on the distribution chart, Fuji ranks #1005 out of 1267 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Fuji has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fuji's Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Fuji ranks #1005 out of 1267 companies for Debt-to-EBITDA. This places Fuji in the lower half of its industry. The industry median Debt-to-EBITDA is 5.50. Fuji's value of 10.47 is 90.4% above this benchmark. Historically, Fuji's own Debt-to-EBITDA has ranged from 10.67 to 16.84 over the past decade. While the company's 10-year median is 11.52 vs. the industry median of 5.50, Fuji 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.50, based on 1,267 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. Fuji's current Debt-to-EBITDA of 10.47 is 90.4% 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 Fuji. For the Real Estate industry, the median Debt-to-EBITDA is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuji's current Debt-to-EBITDA is 10.47, which is near median its own 10-year median of 11.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuji stock overvalued right now?
Based on GuruFocus' analysis, Fuji (TSE:8860) is currently considered Modestly Undervalued. The stock's GF Value™ is 円886.38, compared to a current price of 円756.00 — trading 14.7% below its estimated fair value. The current Debt-to-EBITDA is 10.47, which is near median its 10-year median of 11.52 and 90.4% above the Real Estate industry median of 5.50. Fuji's overall GF Score™ is 68/100 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 Fuji (TSE:8860), the current Debt-to-EBITDA is 10.47 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 Fuji (TSE:8860) Overvalued in 2026?

Based on GuruFocus' analysis, Fuji stock appears to be undervalued. The current stock price of 円756.00 is trading 14.7% below its estimated GF Value™ of 円886.38. GuruFocus considers Fuji to be Modestly Undervalued.

Key valuation signals for TSE:8860:

  • Debt-to-EBITDA: 10.47 (near median its 10-year median of 11.52)
  • GF Value™: 円886.38 vs. price of 円756.00 (14.7% below fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 90.4% above the Real Estate median (#1005 of 1267)

No single metric tells the full story. See the TSE:8860 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuji Business Description

Address 1-4-23, Habu-cho, Kishiwada, JPN
Fuji Corp Ltd is engaged in the design, construction, and sale of real estate properties. Its property portfolio comprises condominiums, single-family homes, and apartments.
68GF Score

Get the complete analysis for TSE:8860

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

円756.00
Price
円886.38
GF Value