On The Page (TSE:9160) Debt-to-EBITDA : (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:9160 On The Page Inc TSE:9160
64 GF Score
Price 円333.00
GF Value 円495.15
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is On The Page Debt-to-EBITDA?

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

On The Page's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was 円12,075 Mil. On The Page's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was 円32,732 Mil. On The Page's annualized EBITDA for the quarter that ended in Jun. 2026 was 円9,853 Mil. On The Page's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 4.55.

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 On The Page's Debt-to-EBITDA or its related term are showing as below:

TSE:9160' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.56   Med: 1.3   Max: 6.56
Current: 6.56

During the past 13 years, the highest Debt-to-EBITDA Ratio of On The Page was 6.56. The lowest was 0.56. And the median was 1.30.

TSE:9160's Debt-to-EBITDA is ranked worse than
84.29% of 70 companies
in the Personal Services industry
Industry Median: 2.32 vs TSE:9160: 6.56

On The Page  (TSE:9160) 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.


On The Page Debt-to-EBITDA Related Terms


On The Page Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for On The Page'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.

On The Page Debt-to-EBITDA Chart

On The Page Annual Data
Trend Dec14 Dec15 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

On The Page Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 - - - - -

TSE:9160 vs ROL, SCI, HRB: Debt-to-EBITDA Comparison

For the Personal Services subindustry, On The Page'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.


On The Page Debt-to-EBITDA vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, On The Page's Debt-to-EBITDA distribution charts can be found below:

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


TSE:9160
64GF Score
On The Page Inc TSE:9160
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

On The Page Debt-to-EBITDA Calculation

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

On The Page'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
=(5513.641 + 13334.355) / 4764.926
=3.96

On The Page's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(12074.99 + 32731.535) / 9852.908
=4.55

* 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 (Jun. 2026) EBITDA data.

Is On The Page (TSE:9160) Overvalued in 2026?

Based on GuruFocus' analysis, On The Page stock appears to be undervalued. The current stock price of 円333.00 is trading 32.7% below its estimated GF Value™ of 円495.15. GuruFocus considers On The Page to be Possible Value Trap.

Key valuation signals for TSE:9160:

  • Debt-to-EBITDA:
  • GF Value™: 円495.15 vs. price of 円333.00 (32.7% below fair value)
  • GF Score™: 64/100 with 8 warning signs

No single metric tells the full story. See the TSE:9160 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


On The Page Business Description

Address 1-8-14 Ginza, Chuo-ku, Ginza YOMIKO Building, 4th Floor, Tokyo, JPN, 104-0061
On The Page Inc offers 'Guest House' wedding services. The Company provides rental services for wedding clothing and accessories and operates restaurant business including wedding-food catering services. The services of the company include wedding planning, wedding costume business, restaurant business, hotel business, banquet business, hair and makeup business, photography, video production, floral arrangement, and other related services.
64GF Score

Get the complete analysis for TSE:9160

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

円333.00
Price
円495.15
GF Value