Asian Star Co (TSE:8946) Debt-to-EBITDA : 1.06 (As of Dec. 2025) — 70% Below Median

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TSE:8946 Asian Star Co TSE:8946
59 GF Score
Price 円77.00
GF Value 円155.77
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Asian Star Co Debt-to-EBITDA?

Asian Star Co TSE:8946 -1.30% 59 Debt-to-EBITDA is 1.06 as of Dec. 2025, which is 70% below its 10-year median of 3.48. GuruFocus rates TSE:8946 with a GF Score™ of 59/100 and a GF Value™ of 円155.77 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,280 Real Estate companies, Asian Star Co ranks worse than 55.23% on this metric.

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

Asian Star Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was 円770 Mil. Asian Star Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was 円52 Mil. Asian Star Co's annualized EBITDA for the quarter that ended in Dec. 2025 was 円773 Mil. Asian Star Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 1.06.

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

TSE:8946' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.47   Med: 3.48   Max: 47.58
Current: 6.38

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asian Star Co was 47.58. The lowest was -12.47. And the median was 3.48.

TSE:8946's Debt-to-EBITDA is ranked worse than
55.23% of 1280 companies
in the Real Estate industry
Industry Median: 5.555 vs TSE:8946: 6.38

Asian Star Co  (TSE:8946) 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.


Asian Star Co Debt-to-EBITDA Related Terms


Asian Star Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Asian Star 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.

Asian Star Co Debt-to-EBITDA Chart

Asian Star Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.20 3.44 3.30 1.88 3.52

Asian Star Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 -2.10 30.86 3.92 1.06 -3.30

TSE:8946 vs CBRE, BEKE, JLL: Debt-to-EBITDA Comparison

For the Real Estate Services subindustry, Asian Star 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.


Asian Star Co Debt-to-EBITDA vs Real Estate Industry

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

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


TSE:8946
59GF Score
Asian Star Co TSE:8946
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Star Co Debt-to-EBITDA Calculation

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

Asian Star Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(770.352 + 51.996) / 233.399
=3.52

Asian Star Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(770.352 + 51.996) / 773.352
=1.06

* 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 (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.06 mean?
Asian Star Co (TSE:8946) has a Debt-to-EBITDA of 1.06 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Asian Star Co. This is 70% below median its historical median of 3.48. According to the industry distribution chart, Asian Star Co ranks #707 out of 1280 companies in the Real Estate industry, placing it in the top 55.2%.
Is Asian Star Co's Debt-to-EBITDA too high?
Asian Star Co's current Debt-to-EBITDA of 1.06 is 70% below median its 10-year median of 3.48. The Real Estate industry median Debt-to-EBITDA is 5.56. Asian Star Co's value of 1.06 is 80.9% below this industry median. Based on the distribution chart, Asian Star Co ranks #707 out of 1280 companies in the Real Estate industry, which is below the industry midpoint. Overall, Asian Star Co has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asian Star Co's Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Asian Star Co ranks #707 out of 1280 companies for Debt-to-EBITDA. This places Asian Star Co in the lower half of its industry. The industry median Debt-to-EBITDA is 5.56. Asian Star Co's value of 1.06 is 80.9% below this benchmark. While the company's 10-year median is 3.48 vs. the industry median of 5.56, Asian Star 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.56, based on 1,280 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. Asian Star Co's current Debt-to-EBITDA of 1.06 is 80.9% 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 Asian Star Co. For the Real Estate industry, the median Debt-to-EBITDA is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Star Co's current Debt-to-EBITDA is 1.06, which is 70% below median its own 10-year median of 3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Star Co stock overvalued right now?
Based on GuruFocus' analysis, Asian Star Co (TSE:8946) is currently considered Possible Value Trap. The stock's GF Value™ is 円155.77, compared to a current price of 円77.00 — trading 50.6% below its estimated fair value. The current Debt-to-EBITDA is 1.06, which is 70% below median its 10-year median of 3.48 and 80.9% below the Real Estate industry median of 5.56. Asian Star Co's overall GF Score™ is 59/100 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 Asian Star Co (TSE:8946), the current Debt-to-EBITDA is 1.06 as of Dec. 2025. 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 Asian Star Co (TSE:8946) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Star Co stock appears to be undervalued. The current stock price of 円77.00 is trading 50.6% below its estimated GF Value™ of 円155.77. GuruFocus considers Asian Star Co to be Possible Value Trap.

Key valuation signals for TSE:8946:

  • Debt-to-EBITDA: 1.06 (70% below median its 10-year median of 3.48)
  • GF Value™: 円155.77 vs. price of 円77.00 (50.6% below fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 80.9% below the Real Estate median (#707 of 1280)

No single metric tells the full story. See the TSE:8946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asian Star Co Business Description

Address Yokohama Takashima chome No. 6 No. 32, Yokohama east exit Whistling port building 8F, Nishi-ku, Yokohama, JPN, 220-0011
Asian Star Co is engaged in offering real estate services. The business of the company includes, real estate leasing management, real estate rental brokerage, leasing, real estate ownership, and casualty insurance agency business.
59GF Score

Get the complete analysis for TSE:8946

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

円77.00
Price
円155.77
GF Value