Tre Holdings (TSE:9247) Debt-to-EBITDA : 1.25 (As of Mar. 2026) — 62% Below Median

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TSE:9247 Tre Holdings Corp TSE:9247
58 GF Score
Price 円1,784.00
GF Value 円1,591.24
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Tre Holdings Debt-to-EBITDA?

Tre Holdings TSE:9247 -1.16% 58 Debt-to-EBITDA is 1.25 as of Mar. 2026, which is 62% below its 10-year median of 3.32. GuruFocus rates TSE:9247 with a GF Score™ of 58/100 and a GF Value™ of 円1,591.24 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 174 Waste Management companies, Tre Holdings ranks better than 57.47% on this metric.

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

Tre Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円24,684 Mil. Tre Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円35,703 Mil. Tre Holdings's annualized EBITDA for the quarter that ended in Mar. 2026 was 円48,352 Mil. Tre Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.25.

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

TSE:9247' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.96   Med: 3.32   Max: 4.11
Current: 2.48

During the past 5 years, the highest Debt-to-EBITDA Ratio of Tre Holdings was 4.11. The lowest was 1.96. And the median was 3.32.

TSE:9247's Debt-to-EBITDA is ranked better than
57.47% of 174 companies
in the Waste Management industry
Industry Median: 2.925 vs TSE:9247: 2.48

Tre Holdings  (TSE:9247) 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.


Tre Holdings Debt-to-EBITDA Related Terms


Tre Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tre Holdings'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.

Tre Holdings Debt-to-EBITDA Chart

Tre Holdings Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
3.53 3.32 4.11 2.15 1.96

Tre Holdings Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 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 2.17 1.57 17.14 1.25 8.00

TSE:9247 vs WM, RSG, WCN: Debt-to-EBITDA Comparison

For the Waste Management subindustry, Tre Holdings'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.


Tre Holdings Debt-to-EBITDA vs Waste Management Industry

For the Waste Management industry and Industrials sector, Tre Holdings's Debt-to-EBITDA distribution charts can be found below:

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


TSE:9247
58GF Score
Tre Holdings Corp TSE:9247
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tre Holdings Debt-to-EBITDA Calculation

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

Tre Holdings'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
=(24684 + 35703) / 30816
=1.96

Tre Holdings'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
=(24684 + 35703) / 48352
=1.25

* 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 1.25 mean?
Tre Holdings (TSE:9247) has a Debt-to-EBITDA of 1.25 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 Tre Holdings. This is 62% below median its historical median of 3.32. Over the past decade, Tre Holdings' Debt-to-EBITDA has ranged from 1.96 to 4.11. According to the industry distribution chart, Tre Holdings ranks #74 out of 174 companies in the Waste Management industry, placing it in the top 42.5%.
Is Tre Holdings' Debt-to-EBITDA too high?
Tre Holdings' current Debt-to-EBITDA of 1.25 is 62% below median its 10-year median of 3.32. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 4.11. The Waste Management industry median Debt-to-EBITDA is 2.93. Tre Holdings' value of 1.25 is 57.3% below this industry median. Based on the distribution chart, Tre Holdings ranks #74 out of 174 companies in the Waste Management industry, which is above the industry midpoint. Overall, Tre Holdings has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tre Holdings' Debt-to-EBITDA compare to WM and RSG?
According to the Waste Management industry distribution chart, Tre Holdings ranks #74 out of 174 companies for Debt-to-EBITDA. This puts Tre Holdings in the upper half of its industry. The industry median Debt-to-EBITDA is 2.93. Tre Holdings' value of 1.25 is 57.3% below this benchmark. Historically, Tre Holdings' own Debt-to-EBITDA has ranged from 1.96 to 4.11 over the past decade. While the company's 10-year median is 3.32 vs. the industry median of 2.93, Tre Holdings 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 Waste Management company?
The median Debt-to-EBITDA among Waste Management companies is 2.93, based on 174 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. Tre Holdings's current Debt-to-EBITDA of 1.25 is 57.3% 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 Tre Holdings. For the Waste Management industry, the median Debt-to-EBITDA is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tre Holdings's current Debt-to-EBITDA is 1.25, which is 62% below median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tre Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tre Holdings (TSE:9247) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,591.24, compared to a current price of 円1,784.00 — trading 12.1% above its estimated fair value. The current Debt-to-EBITDA is 1.25, which is 62% below median its 10-year median of 3.32 and 57.3% below the Waste Management industry median of 2.93. Tre Holdings' overall GF Score™ is 58/100 with 2 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 Tre Holdings (TSE:9247), the current Debt-to-EBITDA is 1.25 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 Tre Holdings (TSE:9247) Overvalued in 2026?

Based on GuruFocus' analysis, Tre Holdings stock appears to be overvalued. The current stock price of 円1,784.00 is trading 12.1% above its estimated GF Value™ of 円1,591.24. GuruFocus considers Tre Holdings to be Modestly Overvalued.

Key valuation signals for TSE:9247:

  • Debt-to-EBITDA: 1.25 (62% below median its 10-year median of 3.32)
  • GF Value™: 円1,591.24 vs. price of 円1,784.00 (12.1% above fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 57.3% below the Waste Management median (#74 of 174)

No single metric tells the full story. See the TSE:9247 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tre Holdings Business Description

Address 1-7-2, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Tre Holdings Corp is involved in managing and related activities of its subsidiaries, which operate in the waste treatment and recycling industry, renewable energy sector, environmental engineering, scrap metal recycling, and the disposal of end-of-life vehicles and scrapped home appliances.
58GF Score

Get the complete analysis for TSE:9247

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

円1,784.00
Price
円1,591.24
GF Value