Musashino Kogyo Co (TSE:9635) Debt-to-EBITDA : 1.62 (As of Mar. 2026) — 20% Below Median

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TSE:9635 Musashino Kogyo Co Ltd TSE:9635
59 GF Score
Price 円2,549.00
GF Value 円2,088.96
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Musashino Kogyo Co Debt-to-EBITDA?

Musashino Kogyo Co TSE:9635 -0.04% 59 Debt-to-EBITDA is 1.62 as of Mar. 2026, which is 20% below its 10-year median of 2.02. GuruFocus rates TSE:9635 with a GF Score™ of 59/100 and a GF Value™ of 円2,088.96 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,274 Real Estate companies, Musashino Kogyo Co ranks better than 89.32% on this metric.

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

Musashino Kogyo Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円54 Mil. Musashino Kogyo Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円211 Mil. Musashino Kogyo Co's annualized EBITDA for the quarter that ended in Mar. 2026 was 円164 Mil. Musashino Kogyo Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.61.

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 Musashino Kogyo Co's Debt-to-EBITDA or its related term are showing as below:

TSE:9635' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.15   Med: 2.02   Max: 3.96
Current: 0.5

During the past 13 years, the highest Debt-to-EBITDA Ratio of Musashino Kogyo Co was 3.96. The lowest was -6.15. And the median was 2.02.

TSE:9635's Debt-to-EBITDA is ranked better than
89.32% of 1274 companies
in the Real Estate industry
Industry Median: 5.485 vs TSE:9635: 0.50

Musashino Kogyo Co  (TSE:9635) 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.


Musashino Kogyo Co Debt-to-EBITDA Related Terms


Musashino Kogyo Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Musashino Kogyo 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.

Musashino Kogyo Co Debt-to-EBITDA Chart

Musashino Kogyo Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.86 3.36 3.96 2.05 0.50

Musashino Kogyo Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.69 3.01 1.62 0.33 1.62

TSE:9635 vs CBRE, BEKE, JLL: Debt-to-EBITDA Comparison

For the Real Estate Services subindustry, Musashino Kogyo 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.


Musashino Kogyo Co Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Musashino Kogyo Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Musashino Kogyo Co's Debt-to-EBITDA falls into.


TSE:9635
59GF Score
Musashino Kogyo Co Ltd TSE:9635
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Musashino Kogyo Co Debt-to-EBITDA Calculation

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

Musashino Kogyo Co'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
=(53.96 + 211.159) / 526.881
=0.50

Musashino Kogyo Co'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
=(53.96 + 211.159) / 164.162
=1.61

* 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 two times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.62 mean?
Musashino Kogyo Co (TSE:9635) has a Debt-to-EBITDA of 1.62 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 Musashino Kogyo Co. This is 20% below median its historical median of 2.02. According to the industry distribution chart, Musashino Kogyo Co ranks #136 out of 1274 companies in the Real Estate industry, placing it in the top 10.7%.
Is Musashino Kogyo Co's Debt-to-EBITDA too high?
Musashino Kogyo Co's current Debt-to-EBITDA of 1.62 is 20% below median its 10-year median of 2.02. The Real Estate industry median Debt-to-EBITDA is 5.49. Musashino Kogyo Co's value of 1.62 is 70.5% below this industry median. Based on the distribution chart, Musashino Kogyo Co ranks #136 out of 1274 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Musashino Kogyo Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Musashino Kogyo Co's Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Musashino Kogyo Co ranks #136 out of 1274 companies for Debt-to-EBITDA. This places Musashino Kogyo Co in the top 11% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 5.49. Musashino Kogyo Co's value of 1.62 is 70.5% below this benchmark. While the company's 10-year median is 2.02 vs. the industry median of 5.49, Musashino Kogyo 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 a Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.49, based on 1,274 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. Musashino Kogyo Co's current Debt-to-EBITDA of 1.62 is 70.5% 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 Musashino Kogyo Co. For the Real Estate industry, the median Debt-to-EBITDA is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Musashino Kogyo Co's current Debt-to-EBITDA is 1.62, which is 20% below median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Musashino Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Musashino Kogyo Co (TSE:9635) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,088.96, compared to a current price of 円2,549.00 — trading 22% above its estimated fair value. The current Debt-to-EBITDA is 1.62, which is 20% below median its 10-year median of 2.02 and 70.5% below the Real Estate industry median of 5.49. Musashino Kogyo Co's overall GF Score™ is 59/100 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 Musashino Kogyo Co (TSE:9635), the current Debt-to-EBITDA is 1.62 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 Musashino Kogyo Co (TSE:9635) Overvalued in 2026?

Based on GuruFocus' analysis, Musashino Kogyo Co stock appears to be overvalued. The current stock price of 円2,549.00 is trading 22% above its estimated GF Value™ of 円2,088.96. GuruFocus considers Musashino Kogyo Co to be Modestly Overvalued.

Key valuation signals for TSE:9635:

  • Debt-to-EBITDA: 1.62 (20% below median its 10-year median of 2.02)
  • GF Value™: 円2,088.96 vs. price of 円2,549.00 (22% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 70.5% below the Real Estate median (#136 of 1274)

No single metric tells the full story. See the TSE:9635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Musashino Kogyo Co Business Description

Other Exchanges 9635:Japan
Address 3-36-6 Shinjuku, Shinjuku-ku, Tokyo, JPN
Musashino Kogyo Co Ltd is a real estate company which manages land and buildings. The company invests in real estate properties. In addition, the company is engaged in the distribution and operation of cinema kiosks. The reportable segments are the four divisions consisting of Automobile Training Business, Automobile Training Business, and Trading Business.
59GF Score

Get the complete analysis for TSE:9635

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

円2,549.00
Price
円2,088.96
GF Value