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Tosho CoTSE:8920 84 Debt-to-EBITDA is 1.18 as of Mar. 2026, which is 62% below its 10-year median of 3.08. GuruFocus rates TSE:8920 with a GF Score™ of 84/100 and a GF Value™ of 円645.97 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 454 Conglomerates companies, Tosho Co ranks better than 65.86% 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 Tosho Co's Debt-to-EBITDA or its related term are showing as below:
TSE:8920'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.74 Med: 3.08 Max: 10.78
Current: 1.74
During the past 13 years, the highest Debt-to-EBITDA Ratio of Tosho Co was 10.78. The lowest was 1.74. And the median was 3.08.
TSE:8920's Debt-to-EBITDA is ranked better than 65.86% of 454
companies
in the Conglomerates industry
Industry Median: 2.7
vs TSE:8920: 1.74
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.
Tosho Co Debt-to-EBITDA Related Terms
Tosho Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Tosho 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.
For the Conglomerates subindustry, Tosho 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.
Tosho Co Debt-to-EBITDA vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Tosho Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tosho 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.
Tosho Co (TSE:8920) has a Debt-to-EBITDA of 1.18 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 Tosho Co. This is 62% below median its historical median of 3.08. Over the past decade, Tosho Co's Debt-to-EBITDA has ranged from 1.74 to 10.78. According to the industry distribution chart, Tosho Co ranks #155 out of 454 companies in the Conglomerates industry, placing it in the top 34.1%.
Is Tosho Co's Debt-to-EBITDA too high?
Tosho Co's current Debt-to-EBITDA of 1.18 is 62% below median its 10-year median of 3.08. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 10.78. The Conglomerates industry median Debt-to-EBITDA is 2.70. Tosho Co's value of 1.18 is 56.3% below this industry median. Based on the distribution chart, Tosho Co ranks #155 out of 454 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Tosho Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tosho Co's Debt-to-EBITDA compare to MMM and HON?
According to the Conglomerates industry distribution chart, Tosho Co ranks #155 out of 454 companies for Debt-to-EBITDA. This puts Tosho Co in the upper half of its industry. The industry median Debt-to-EBITDA is 2.70. Tosho Co's value of 1.18 is 56.3% below this benchmark. Historically, Tosho Co's own Debt-to-EBITDA has ranged from 1.74 to 10.78 over the past decade. While the company's 10-year median is 3.08 vs. the industry median of 2.70, Tosho 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 Conglomerates company?
The median Debt-to-EBITDA among Conglomerates companies is 2.70, based on 454 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. Tosho Co's current Debt-to-EBITDA of 1.18 is 56.3% 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 Tosho Co. For the Conglomerates industry, the median Debt-to-EBITDA is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tosho Co's current Debt-to-EBITDA is 1.18, which is 62% below median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tosho Co stock overvalued right now?
Based on GuruFocus' analysis, Tosho Co (TSE:8920) is currently considered Modestly Overvalued. The stock's GF Value™ is 円645.97, compared to a current price of 円722.00 — trading 11.8% above its estimated fair value. The current Debt-to-EBITDA is 1.18, which is 62% below median its 10-year median of 3.08 and 56.3% below the Conglomerates industry median of 2.70. Tosho Co's overall GF Score™ is 84/100 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 Tosho Co (TSE:8920), the current Debt-to-EBITDA is 1.18 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 Tosho Co (TSE:8920) Overvalued in 2026?
Based on GuruFocus' analysis, Tosho Co stock appears to be overvalued.
The current stock price of 円722.00 is trading 11.8% above its estimated GF Value™ of 円645.97.
GuruFocus considers Tosho Co to be Modestly Overvalued.
Key valuation signals for TSE:8920:
Debt-to-EBITDA: 1.18 (62% below median its 10-year median of 3.08)
GF Value™: 円645.97 vs. price of 円722.00 (11.8% above fair value)
Industry Position: 56.3% below the Conglomerates median (#155 of 454)
No single metric tells the full story. See the TSE:8920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tosho Co Ltd is mainly engaged in the operation of sports clubs in Japan. It mainly operates membership sports clubs under the name Holiday Sports Club and golf practice ranges under the name Holiday Golf Garden. The company's business segment includes Sports club business; Hotel business and Real estate business. It generates maximum revenue from the Sports club business segment.
84GF Score
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