Beat Holdings (TSE:9399) Debt-to-EBITDA : -2.00 (As of Dec. 2025)

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TSE:9399 Beat Holdings Ltd TSE:9399
31 GF Score
Price 円13.00
GF Value 円1.97
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Beat Holdings Debt-to-EBITDA?

Beat Holdings TSE:9399 31 Debt-to-EBITDA is -2.00 as of Dec. 2025. GuruFocus rates TSE:9399 with a GF Score™ of 31/100 and a GF Value™ of 円1.97 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,731 Software companies, Beat Holdings ranks worse than 57770.02% on this metric.

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

Beat Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was 円1,520.0 Mil. Beat Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was 円119.0 Mil. Beat Holdings's annualized EBITDA for the quarter that ended in Dec. 2025 was 円-820.0 Mil. Beat Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was -2.00.

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

TSE:9399' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.76   Med: -0.45   Max: 0.84
Current: -7.55

During the past 13 years, the highest Debt-to-EBITDA Ratio of Beat Holdings was 0.84. The lowest was -12.76. And the median was -0.45.

TSE:9399's Debt-to-EBITDA is ranked worse than
100% of 1731 companies
in the Software industry
Industry Median: 0.99 vs TSE:9399: -7.55

Beat Holdings  (TSE:9399) 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.


Beat Holdings Debt-to-EBITDA Related Terms


Beat Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Beat 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.

Beat Holdings Debt-to-EBITDA Chart

Beat Holdings 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 -0.28 -12.76 -1.00 -0.40 -3.21

Beat Holdings 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 -0.24 -66.71 -5.11 -2.00 -15.67

TSE:9399 vs QH, SHOP, UBER: Debt-to-EBITDA Comparison

For the Software - Application subindustry, Beat 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.


Beat Holdings Debt-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Beat Holdings's Debt-to-EBITDA distribution charts can be found below:

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


TSE:9399
31GF Score
Beat Holdings Ltd TSE:9399
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beat Holdings Debt-to-EBITDA Calculation

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

Beat Holdings'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
=(1520 + 119) / -511
=-3.21

Beat Holdings'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
=(1520 + 119) / -820
=-2.00

* 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 -2.00 mean?
Beat Holdings (TSE:9399) has a Debt-to-EBITDA of -2.00 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 Beat Holdings. According to the industry distribution chart, Beat Holdings ranks #999999 out of 1731 companies in the Software industry.
Is Beat Holdings' Debt-to-EBITDA too high?
Beat Holdings' current Debt-to-EBITDA is -2.00. Based on the distribution chart, Beat Holdings ranks #999999 out of 1731 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Beat Holdings has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beat Holdings' Debt-to-EBITDA compare to QH and SHOP?
According to the Software industry distribution chart, Beat Holdings ranks #999999 out of 1731 companies for Debt-to-EBITDA. This places Beat Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 0.99. 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 Software company?
The median Debt-to-EBITDA among Software companies is 0.99, based on 1,731 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. 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 Beat Holdings. For the Software industry, the median Debt-to-EBITDA is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beat Holdings's current Debt-to-EBITDA is -2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beat Holdings stock overvalued right now?
Based on GuruFocus' analysis, Beat Holdings (TSE:9399) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1.97, compared to a current price of 円13.00 — trading 559.9% above its estimated fair value. The current Debt-to-EBITDA is -2.00. Beat Holdings' overall GF Score™ is 31/100 with 6 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 Beat Holdings (TSE:9399), the current Debt-to-EBITDA is -2.00 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 Beat Holdings (TSE:9399) Overvalued in 2026?

Based on GuruFocus' analysis, Beat Holdings stock appears to be overvalued. The current stock price of 円13.00 is trading 559.9% above its estimated GF Value™ of 円1.97. GuruFocus considers Beat Holdings to be Significantly Overvalued.

Key valuation signals for TSE:9399:

  • Debt-to-EBITDA: -2.00
  • GF Value™: 円1.97 vs. price of 円13.00 (559.9% above fair value)
  • GF Score™: 31/100 with 6 warning signs

No single metric tells the full story. See the TSE:9399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beat Holdings Business Description

Address 199 Des Voeux Road Central, Suite 2103, Infinitus Plaza, Hong Kong, HKG, 200020
Beat Holdings Ltd is mainly engaged in the business of providing application-to-person (A2P) messaging service and software products and services. Its reportable segments are: the Messaging Business, which provides cloud-based A2P messaging services and software products and services; the Licensing Business, which provides licensing services for intellectual property rights and other rights related to application software owned by the group; and other businesses. The majority of its revenue is generated from the Messaging business. Geographically, the group generates maximum revenue from Asia, and the rest from Europe and other regions.
31GF Score

Get the complete analysis for TSE:9399

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

円13.00
Price
円1.97
GF Value