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EF-ONTSE:9514 +1.44%60 Debt-to-EBITDA is 1.80 as of Mar. 2026, which is 68% below its 10-year median of 5.54. GuruFocus rates TSE:9514 with a GF Score™ of 60/100 and a GF Value™ of 円501.23 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 349 Utilities - Independent Power Producers companies, EF-ON ranks better than 59.31% 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 EF-ON's Debt-to-EBITDA or its related term are showing as below:
TSE:9514'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.5 Med: 5.54 Max: 8.34
Current: 4.83
During the past 13 years, the highest Debt-to-EBITDA Ratio of EF-ON was 8.34. The lowest was 2.50. And the median was 5.54.
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.
EF-ON Debt-to-EBITDA Related Terms
EF-ON Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for EF-ON'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 Utilities - Renewable subindustry, EF-ON'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.
EF-ON Debt-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, EF-ON's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where EF-ON'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.
EF-ON (TSE:9514) has a Debt-to-EBITDA of 1.80 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 EF-ON. This is 68% below median its historical median of 5.54. Over the past decade, EF-ON's Debt-to-EBITDA has ranged from 2.50 to 8.34. According to the industry distribution chart, EF-ON ranks #142 out of 349 companies in the Utilities - Independent Power Producers industry, placing it in the top 40.7%.
Is EF-ON's Debt-to-EBITDA too high?
EF-ON's current Debt-to-EBITDA of 1.80 is 68% below median its 10-year median of 5.54. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 8.34. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.94. EF-ON's value of 1.80 is 63.6% below this industry median. Based on the distribution chart, EF-ON ranks #142 out of 349 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, EF-ON has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does EF-ON's Debt-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, EF-ON ranks #142 out of 349 companies for Debt-to-EBITDA. This puts EF-ON in the upper half of its industry. The industry median Debt-to-EBITDA is 4.94. EF-ON's value of 1.80 is 63.6% below this benchmark. Historically, EF-ON's own Debt-to-EBITDA has ranged from 2.50 to 8.34 over the past decade. While the company's 10-year median is 5.54 vs. the industry median of 4.94, EF-ON 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 an Utilities - Independent Power Producers company?
The median Debt-to-EBITDA among Utilities - Independent Power Producers companies is 4.94, based on 349 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. EF-ON's current Debt-to-EBITDA of 1.80 is 63.6% 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 EF-ON. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EF-ON's current Debt-to-EBITDA is 1.80, which is 68% below median its own 10-year median of 5.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EF-ON stock overvalued right now?
Based on GuruFocus' analysis, EF-ON (TSE:9514) is currently considered Possible Value Trap. The stock's GF Value™ is 円501.23, compared to a current price of 円352.00 — trading 29.8% below its estimated fair value. The current Debt-to-EBITDA is 1.80, which is 68% below median its 10-year median of 5.54 and 63.6% below the Utilities - Independent Power Producers industry median of 4.94. EF-ON's overall GF Score™ is 60/100 with 9 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 EF-ON (TSE:9514), the current Debt-to-EBITDA is 1.80 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 EF-ON (TSE:9514) Overvalued in 2026?
Based on GuruFocus' analysis, EF-ON stock appears to be undervalued.
The current stock price of 円352.00 is trading 29.8% below its estimated GF Value™ of 円501.23.
GuruFocus considers EF-ON to be Possible Value Trap.
Key valuation signals for TSE:9514:
Debt-to-EBITDA: 1.80 (68% below median its 10-year median of 5.54)
GF Value™: 円501.23 vs. price of 円352.00 (29.8% below fair value)
Industry Position: 63.6% below the Utilities - Independent Power Producers median (#142 of 349)
No single metric tells the full story. See the TSE:9514 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EF-ON Inc is an energy service company. It operates through two business segments. The Energy Conservation Support Services segment is involved in the investigation and diagnostication of the energy usage for corporation customers, as well as the design, construction and operation of energy conservation facilities and systems. The Biomass Power Generation segment is engaged in the development, construction and operation of new energy power plants.
60GF Score
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