The Kyoto Hotel (TSE:9723) Debt-to-EBITDA : 3.66 (As of Mar. 2026) — 59% Below Median

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TSE:9723 The Kyoto Hotel Ltd TSE:9723
69 GF Score
Price 円635.00
GF Value 円802.84
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is The Kyoto Hotel Debt-to-EBITDA?

The Kyoto Hotel TSE:9723 -0.16% 69 Debt-to-EBITDA is 3.66 as of Mar. 2026, which is 59% below its 10-year median of 8.88. GuruFocus rates TSE:9723 with a GF Score™ of 69/100 and a GF Value™ of 円802.84 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 654 Travel & Leisure companies, The Kyoto Hotel ranks worse than 82.57% on this metric.

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

The Kyoto Hotel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円579 Mil. The Kyoto Hotel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円11,220 Mil. The Kyoto Hotel's annualized EBITDA for the quarter that ended in Mar. 2026 was 円3,228 Mil. The Kyoto Hotel's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.66.

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 The Kyoto Hotel's Debt-to-EBITDA or its related term are showing as below:

TSE:9723' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -15.55   Med: 8.88   Max: 43.29
Current: 6.62

During the past 13 years, the highest Debt-to-EBITDA Ratio of The Kyoto Hotel was 43.29. The lowest was -15.55. And the median was 8.88.

TSE:9723's Debt-to-EBITDA is ranked worse than
82.57% of 654 companies
in the Travel & Leisure industry
Industry Median: 2.415 vs TSE:9723: 6.62

The Kyoto Hotel  (TSE:9723) 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.


The Kyoto Hotel Debt-to-EBITDA Related Terms


The Kyoto Hotel Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for The Kyoto Hotel'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.

The Kyoto Hotel Debt-to-EBITDA Chart

The Kyoto Hotel Annual Data
Trend Dec17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.29 13.29 7.63 8.00 6.50

The Kyoto Hotel Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 Premium Member Only 7.41 11.37 8.85 3.66 8.14

TSE:9723 vs MAR, HLT, H: Debt-to-EBITDA Comparison

For the Lodging subindustry, The Kyoto Hotel'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.


The Kyoto Hotel Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Kyoto Hotel's Debt-to-EBITDA distribution charts can be found below:

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


TSE:9723
69GF Score
The Kyoto Hotel Ltd TSE:9723
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Kyoto Hotel Debt-to-EBITDA Calculation

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

The Kyoto Hotel'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
=(579.206 + 11219.773) / 1814.522
=6.50

The Kyoto Hotel'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
=(579.206 + 11219.773) / 3227.724
=3.66

* 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 3.66 mean?
The Kyoto Hotel (TSE:9723) has a Debt-to-EBITDA of 3.66 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 The Kyoto Hotel. This is 59% below median its historical median of 8.88. According to the industry distribution chart, The Kyoto Hotel ranks #540 out of 654 companies in the Travel & Leisure industry, placing it in the top 82.6%.
Is The Kyoto Hotel's Debt-to-EBITDA too high?
The Kyoto Hotel's current Debt-to-EBITDA of 3.66 is 59% below median its 10-year median of 8.88. The Travel & Leisure industry median Debt-to-EBITDA is 2.42. The Kyoto Hotel's value of 3.66 is 51.6% above this industry median. Based on the distribution chart, The Kyoto Hotel ranks #540 out of 654 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, The Kyoto Hotel has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Kyoto Hotel's Debt-to-EBITDA compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, The Kyoto Hotel ranks #540 out of 654 companies for Debt-to-EBITDA. This places The Kyoto Hotel in the lower half of its industry. The industry median Debt-to-EBITDA is 2.42. The Kyoto Hotel's value of 3.66 is 51.6% above this benchmark. While the company's 10-year median is 8.88 vs. the industry median of 2.42, The Kyoto Hotel has consistently been above 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 Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.42, based on 654 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. The Kyoto Hotel's current Debt-to-EBITDA of 3.66 is 51.6% above 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 The Kyoto Hotel. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Kyoto Hotel's current Debt-to-EBITDA is 3.66, which is 59% below median its own 10-year median of 8.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Kyoto Hotel stock overvalued right now?
Based on GuruFocus' analysis, The Kyoto Hotel (TSE:9723) is currently considered Modestly Undervalued. The stock's GF Value™ is 円802.84, compared to a current price of 円635.00 — trading 20.9% below its estimated fair value. The current Debt-to-EBITDA is 3.66, which is 59% below median its 10-year median of 8.88 and 51.6% above the Travel & Leisure industry median of 2.42. The Kyoto Hotel's overall GF Score™ is 69/100 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 The Kyoto Hotel (TSE:9723), the current Debt-to-EBITDA is 3.66 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 The Kyoto Hotel (TSE:9723) Overvalued in 2026?

Based on GuruFocus' analysis, The Kyoto Hotel stock appears to be undervalued. The current stock price of 円635.00 is trading 20.9% below its estimated GF Value™ of 円802.84. GuruFocus considers The Kyoto Hotel to be Modestly Undervalued.

Key valuation signals for TSE:9723:

  • Debt-to-EBITDA: 3.66 (59% below median its 10-year median of 8.88)
  • GF Value™: 円802.84 vs. price of 円635.00 (20.9% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 51.6% above the Travel & Leisure median (#540 of 654)

No single metric tells the full story. See the TSE:9723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Kyoto Hotel Business Description

Address 537-4, Ichinofunairi-cho, Nijo minami-iru, Kawaramachi-dori, Nakagyo-ku, Kyoto, JPN, 604-8558
The Kyoto Hotel Ltd operates hotels & banquet halls in Japan. The Company manages restaurants & bars under the names of Kyoto Hotel Okura and Karasuma Kyoto Hotel. It operates in four divisions: accommodation, banquet, restaurant & others division. It also has the online shop.
69GF Score

Get the complete analysis for TSE:9723

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

円635.00
Price
円802.84
GF Value