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Keiyo Gas CoTSE:9539 -1.46%71 Debt-to-EBITDA is 0.92 as of Jun. 2026, which is 15% below its 10-year median of 1.08. GuruFocus rates TSE:9539 with a GF Score™ of 71/100 and a GF Value™ of 円964.63 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 451 Utilities - Regulated companies, Keiyo Gas Co ranks better than 74.72% 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 Keiyo Gas Co's Debt-to-EBITDA or its related term are showing as below:
TSE:9539'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.41 Med: 1.08 Max: 2.74
Current: 1.7
During the past 13 years, the highest Debt-to-EBITDA Ratio of Keiyo Gas Co was 2.74. The lowest was 0.41. And the median was 1.08.
TSE:9539's Debt-to-EBITDA is ranked better than 74.72% of 451
companies
in the Utilities - Regulated industry
Industry Median: 4.04
vs TSE:9539: 1.70
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.
Keiyo Gas Co Debt-to-EBITDA Related Terms
Keiyo Gas Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Keiyo Gas 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.
For the Utilities - Regulated Gas subindustry, Keiyo Gas 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.
Keiyo Gas Co Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Keiyo Gas Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Keiyo Gas Co'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 (Jun. 2026) EBITDA data.
Keiyo Gas Co (TSE:9539) has a Debt-to-EBITDA of 0.92 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Keiyo Gas Co. This is 15% below median its historical median of 1.08. Over the past decade, Keiyo Gas Co's Debt-to-EBITDA has ranged from 0.41 to 2.74. According to the industry distribution chart, Keiyo Gas Co ranks #114 out of 451 companies in the Utilities - Regulated industry, placing it in the top 25.3%.
Is Keiyo Gas Co's Debt-to-EBITDA too high?
Keiyo Gas Co's current Debt-to-EBITDA of 0.92 is 15% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 2.74. The Utilities - Regulated industry median Debt-to-EBITDA is 4.04. Keiyo Gas Co's value of 0.92 is 77.2% below this industry median. Based on the distribution chart, Keiyo Gas Co ranks #114 out of 451 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Keiyo Gas Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keiyo Gas Co's Debt-to-EBITDA compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Keiyo Gas Co ranks #114 out of 451 companies for Debt-to-EBITDA. This puts Keiyo Gas Co in the upper half of its industry. The industry median Debt-to-EBITDA is 4.04. Keiyo Gas Co's value of 0.92 is 77.2% below this benchmark. Historically, Keiyo Gas Co's own Debt-to-EBITDA has ranged from 0.41 to 2.74 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 4.04, Keiyo Gas 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 an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.04, based on 451 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. Keiyo Gas Co's current Debt-to-EBITDA of 0.92 is 77.2% 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 Keiyo Gas Co. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keiyo Gas Co's current Debt-to-EBITDA is 0.92, which is 15% below median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keiyo Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Keiyo Gas Co (TSE:9539) is currently considered Significantly Overvalued. The stock's GF Value™ is 円964.63, compared to a current price of 円1,352.00 — trading 40.2% above its estimated fair value. The current Debt-to-EBITDA is 0.92, which is 15% below median its 10-year median of 1.08 and 77.2% below the Utilities - Regulated industry median of 4.04. Keiyo Gas Co's overall GF Score™ is 71/100 with 7 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 Keiyo Gas Co (TSE:9539), the current Debt-to-EBITDA is 0.92 as of Jun. 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 Keiyo Gas Co (TSE:9539) Overvalued in 2026?
Based on GuruFocus' analysis, Keiyo Gas Co stock appears to be overvalued.
The current stock price of 円1,352.00 is trading 40.2% above its estimated GF Value™ of 円964.63.
GuruFocus considers Keiyo Gas Co to be Significantly Overvalued.
Key valuation signals for TSE:9539:
Debt-to-EBITDA: 0.92 (15% below median its 10-year median of 1.08)
GF Value™: 円964.63 vs. price of 円1,352.00 (40.2% above fair value)
Industry Position: 77.2% below the Utilities - Regulated median (#114 of 451)
No single metric tells the full story. See the TSE:9539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keiyo Gas Co Ltd is engaged in gas business. The company produces, process and sells gas byproducts. It is also engaged in production, sales, rental, installation, repair, maintenance and management of gas appliances, kitchen equipment, water supply, and drainage equipment, air conditioning equipment and housing equipment.
71GF Score
Get the complete analysis for TSE:9539
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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